I am taking some small losses now in Loopnet (LOOP) in respect of the sheer nastiness of the real estate markets. I am in no way superstitious and my position is not any bigger than other positions, but it is being plopped into the same pool as homebuilders and financials and I want my money …
Tagged: Real Estate
September Swoon?
This market rally sure feels thin. If I were a gambling man, I would say September should be a mess. I don’t gamble and I try to avoid trading based on feel. I do have some experience so my feel comes from the sour mood developing on Wall Street. Bonuses will likely suck. They should. …
Zillow Update…I Want Yesterday's Prices, Not Today's!
The day is at hand…real estate agents are closer to extinction than ever before. O.K…that’s a stretch, but a man can dream. Zillow has a soft spot in my heart for pushing my dream closer to reality . I am reminded of the two idiot brothers Duke and Duke who want the machines truned back …
Real Estate agents and Dinosaurs – Both not prepared for the storm. Look what happened to the dinosaurs.
Real estate agents are a favorite pet peeve of mine. They mainly suck. Period. It was the same story for travel agents and stockbrokers and they have become dinosaurs, those remaining offering much different and BETTER services than the old days. New York Times is finally jumping on the bandwagon. A pretty good article entitled …
Lindzon – 5 click weekend mash-up for the Markets….
The markets have had a nice little rally the last few months. If strength continues I am looking for large caps and healthcare to continue to lead the way. One person happy to see the summer go is TraderTim . His bearish look at the markets is always entertaining. I am long some Ebay, Adobe, …
From a Nasdaq bubble to a housing bubble – Are we ready to learn anything?
You won’t learn anything from watching CNBC or social stock picking networks. NOISE. You don’t need to pay big fees for walled stock market picks and pans. You can learn from my market blogroll. Pretty much everything you need. No subscription costs. It is hard to see a bubble when it is occurring. It is …
Sometimes, the first loss is the BEST LOSS – AND – Anecdotal for SURE, but my Mark indicator says that the real estate swoon has a way to go…
I had dinner with my old partner and best bud Mark last night . He takes losses like no other human being. I have handed him a few of those so TRUST ME :) He swings for the fences and his positive attitude is o.k. for that style. Mark is as honest about losses as …
Forget everything – THIS MARKET IS REALLY HARD – tread carefully!
I can’t imagine a harder market to trade but I am sure that some people are making money. Just not me! I am happy to be on the sidelines but do wish I was short. Here is why this market is tough: 1. Volume is anemic 2. No leadership – I guess Utilities and Consumer …
CNBC at it's worst AND why you should listen to Doug Kass
I just saw Doug Kass get lampooned by his “pal” Mark Haines and the new “hot” chick of the day. Doug Kass has been trading for 1,000 years – mostly from the shortside. He has survived and THRIVED. I was ear to the TV trying to hear what he had to say and picked this …
Rent or Own – What does the stock market say…
The stock market has been screaming “RENT” for at least 6 months! Math always matters in the end and the math does not pencil out for owning over renting based on today’s pricing. PERIOD! As I stare out at the San Diego skyline from Coronado I am amazed and concerned at the amount of troubled …