Comments on: Don’t Get Suckered by “Good” Earnings http://dailyreckoning.com/dont-get-suckered-by-good-earnings/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Sat, 26 May 2012 16:24:21 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: lana http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16454 lana Mon, 27 Jul 2009 23:08:57 +0000 http://dailyreckoning.com/?p=17406#comment-16454 fundamentals are the key ! That is what we were taught right! fundamentals are the key ! That is what we were taught right!

]]> By: tony bonn http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16409 tony bonn Mon, 27 Jul 2009 18:03:24 +0000 http://dailyreckoning.com/?p=17406#comment-16409 that 16 p/e is for the last 4 quarters with the first two of those hardly reflective of current 20+% unemployment and prior to 2 trillion dollars of deficit....if you are an astute time series statistician you would probably weight the nearer events more heavily than the remote....as such p/e ratios are closer to triple digits....and please don't spew that crap about the stock market being forward looking since it didn't have a clue about the current down turn....and then explain about 2 trillion usd of bad real estate is going to be handled and how falling real estate prices is good for stocks.... the market may keep rising - it's certainly higher than i ever expected...but the fundamentals are not there.... that 16 p/e is for the last 4 quarters with the first two of those hardly reflective of current 20+% unemployment and prior to 2 trillion dollars of deficit….if you are an astute time series statistician you would probably weight the nearer events more heavily than the remote….as such p/e ratios are closer to triple digits….and please don’t spew that crap about the stock market being forward looking since it didn’t have a clue about the current down turn….and then explain about 2 trillion usd of bad real estate is going to be handled and how falling real estate prices is good for stocks….

the market may keep rising – it’s certainly higher than i ever expected…but the fundamentals are not there….

]]> By: Oliver K. Burrows III http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16265 Oliver K. Burrows III Sun, 26 Jul 2009 02:44:36 +0000 http://dailyreckoning.com/?p=17406#comment-16265 An inflation adjusted price/earnings ratio of 16 bodes well for you if and only if there is substance, such as sales growth, behind those numbers. With a real unemployment rate, based on historical Bureau of Labor Statistics parameters, at in excessof 16%, the price/earnings ratio data is skewed. An inflation adjusted price/earnings ratio of 16 bodes well for you if and only if there is substance, such as sales growth, behind those numbers. With a real unemployment rate, based on historical Bureau of Labor Statistics parameters, at in excessof 16%, the price/earnings ratio data is skewed.

]]> By: gjgjhgjhg http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16264 gjgjhgjhg Sun, 26 Jul 2009 02:42:43 +0000 http://dailyreckoning.com/?p=17406#comment-16264 stocks have nothing to do with earnings/ pe/ etc. They are a legalized paper mechanism for printing money and handing it to the population... they have nothing to do with "value" stocks have nothing to do with earnings/ pe/ etc. They are a legalized paper mechanism for printing money and handing it to the population…

they have nothing to do with “value”

]]> By: azpatriot http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16243 azpatriot Sat, 25 Jul 2009 22:46:08 +0000 http://dailyreckoning.com/?p=17406#comment-16243 sure, buy stock!!! suckas!!!! pure gambling at this stage. no earnings!!! no growth, high unemployment, hahaha sure, buy stock!!! suckas!!!! pure gambling at this stage. no earnings!!!
no growth, high unemployment, hahaha

]]> By: Kurz http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16225 Kurz Sat, 25 Jul 2009 19:02:30 +0000 http://dailyreckoning.com/?p=17406#comment-16225 Plunge protection team anyone? Plunge protection team anyone?

]]> By: Don http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16145 Don Sat, 25 Jul 2009 04:20:35 +0000 http://dailyreckoning.com/?p=17406#comment-16145 Oh, Oh, Oh, I can answer that....we will buy our own debt, and my TBT will go nowhere to down. Just my luck. Snookered again by the people that make and change the rules of the game. But I am not bitter. Oh, Oh, Oh, I can answer that….we will buy our own debt, and my TBT will go nowhere to down. Just my luck. Snookered again by the people that make and change the rules of the game. But I am not bitter.

]]> By: Jackie http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16121 Jackie Sat, 25 Jul 2009 00:10:25 +0000 http://dailyreckoning.com/?p=17406#comment-16121 what happens when others balk at buying US debt? what happens when others balk at buying US debt?

]]> By: Harry http://dailyreckoning.com/dont-get-suckered-by-good-earnings/#comment-16111 Harry Fri, 24 Jul 2009 22:21:50 +0000 http://dailyreckoning.com/?p=17406#comment-16111 I disagree. I think we'll see the Dow at 10k by mid September and close to 12k by EOY. S&P is right around it's historic range of 16 p/e on an inflation adjusted basis. So stocks are priced correctly with room to run. What's going to stop tech?? Obviously, the demand is there and enterprise spending is up. I only see growth ahead. I disagree. I think we’ll see the Dow at 10k by mid September and close to 12k by EOY. S&P is right around it’s historic range of 16 p/e on an inflation adjusted basis. So stocks are priced correctly with room to run. What’s going to stop tech?? Obviously, the demand is there and enterprise spending is up. I only see growth ahead.

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