Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (20099)	10/6/2017 1:19:39 AM
From: The Ox	1 Recommendation Recommended By Fintas Read Replies (1) \| Respond to of 33421

SIMO is a serious cause for concern going forward. This is not to say they are a bad choice, it's just that I can't justify the premium based on the current estimates for the next few quarters. Maybe it's only this year that is a tough comparison but..... I say poppycock. Buy stocks that will grow revenues and earnings faster than the market, and you'll be fine. In a nutshell, SIMO baby! Why did SIMO earn $3.64 last year and yet they will make $2.70-2.90eps this year? Not sure that this qualifies for earnings faster than the market..... As to your many other issues, I'm not sure I should be responding, as you are questioning the basis of an article I posted. Even though I put the reference here, that's not to say that I agree with all the postulates and premise behind what was written. I do believe that if you've made 200% return on your investments within a 7 or 8 year period, AND you are concerned about the current market multiple or valuation criteria, then it's wise to be cautious. We all know that past performance is not always indicative of the future. As for "Use hedges against a rise in interest rates", this has been a losing position for the past decade in the USA, and a losing position for 25+ years in Japan. If you believe that interest rates will stay low for a long time (or forever going forward), then adjust your thinking with this as an important premise. I don't believe we are in for "low rates forever". I'm not sure just how fast rates will rise but I do stand in the group that believes we've seen the "best" of low rates and that higher rates are in our future.

To: Elroy who wrote (20099)	10/12/2017 7:57:21 AM
From: John Pitera	Respond to of 33421

Bitcoin Climbs Above $5,000, Hits Another Record High By Tugce Ozsoy October 12, 2017, 4:36 AM EDT Largest cryptocurrency resumes rise after a one-day decline Sentiment helped by Chinese reports, Goldman Sachs plans Bitcoin surged to a fresh record Thursday as the enthusiasm for cryptocurrencies showed little signs of abating. The largest cryptocurrency rose 7.1 percent to $5,170 as of 9:23 a.m. London time, resuming gains after a one-day break. Reports about the Chinese government easing recent regulations and Goldman Sachs exploring how it could help its clients trade cryptocurrencies are helping sentiment. bloomberg.com