Wednesday, March 31, 2010

Huge Flaw In Apple iPad -- It's a Dealbreaker

The Apple iPad has no multi-tasking features!

That means you can never have more than one window open at a time. For anyone that uses the internet to get things done, this is a dealbreaker. The device is pretty much useless as far as I am concerned. Want to check the internet to confirm the email you are working on is correct? Nope, cannot do that. Want to listen to music and read a book? Nope, cannot do that. Want to have two internet windows open at the same time? Nope, cannot do that. Want to pause your movie or video game to check your email? Nope, cannot do that. You must completely shut down your 'app' and then open another one.

Want to pay $650 for a device that will be out-dated in six months? Yeah, you can do that. This is a massive flaw on Apple's part. No multitasking abilities is a major blunder, and Apple will surely see all the complaints and bad reviews and move to re-release a newer device that allows you to multitask.

I thank Apple for the innovation, but no multitasking is something people will laugh about a couple years from now.


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Sunday, March 21, 2010

Obama wreaking havoc on the stock market once again

Expect a down day Monday and a down week.

- Hong Kong stock market is down sharply aleady Monday morning

- Obama's healthcare bill looks like it is going to pass. This is bad news for the stock market and bad for the economy (and bad for hard-working Americans who will now have to pay for other's heathcare!)

- For techincal reasons alone, the DOW, recently on a 7-day winning streak, is due for a strong pullback. Same goes for the NASDAQ. The market is overbought!

- April has traditionally been a negative month for the stock market, historically speaking.

For the week of March 22nd to March 26th its wise to short this market.


-Sharp

Saturday, March 13, 2010

Fed Meeting Tuesday will drive the market down.

Interest rates have to go up soon -- they remain at record lows. The Fed Meeting is surely discussing this. It's doubtful they will move rates higher on Tuesday, but they will announce that an increase is iminent. This will likely send markets swooning.

This market is over-due for a sharp selloff. The NASDAQ is up 257 points in five weeks - insane!

CNBC's Jim Cramer said on Friday this is "the most overextended stock market he has ever seen."

TRADE: Short term trade is buy puts in just about any index. Should result in a quick profit this week.

Friday, March 12, 2010

Baidu (BIDU) stock is seriously over-bought here at 550

BUYING PUT OPTIONS ON BIDU.

Goldman Sachs price target has been reached - 550. Either you made money riding BIDU up to 550, or you missed the opportunity. The only opportunity left in this stock is to buy put options. Goldman Sachs has the smartest minds in the financial industry -- you'd be crazy to go against Goldman. Goldman believes under best case scenario the stock is worth $550 per share. You can bet your ass that Goldman is instructing their clients to sell, cash out, and look elsewhere for opportunities.

BIDU's price-to-earnings (p/e) ratio is now 84. A p/e that high hasn't been seen since the dot.com era of 1999!! BIDU's market cap is now a staggering $19 billion.

Basically, if everything goes absolutely perfect for Baidu, (i.e. their earnings continue to grow at this rapid pace) the enormous P/E will be in-line with other tech companies sometime in the year 2014 or 2015. Otherwise, without perfection, and continiued massive growth, this stock is completely overvalued hype. If you think this stock is the next Google, you are wrong. Google is in every country in the world, Baidu is only targeting one country, China. Google has the billions in earnings to match the billions in market cap, BIDU doesn't.

TRADE: Buy put options, sell call spreads, or short the stock -- all will be profitable trades in BIDU.


Recommended Options Trading Strategies website:
www.OptionSpreadStrategies.com


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