tag:blogger.com,1999:blog-6616959642391988608.post1859886510159642628..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Stocks are still attractiveScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6616959642391988608.post-18532901201830448202012-04-03T10:02:12.937-07:002012-04-03T10:02:12.937-07:00My small sample of investor friends and associates...My small sample of investor friends and associates universally:<br />Fear inflation but don’t see stocks as a hedge preferring ETFs for commodities and such;<br /><br />Fear reduced deficit spending is necessary but will hurt the economy;<br /><br />Fear that big government will continue to be oppressive to small & medium size business;<br /><br />And most of all, universally wait for a Squirehttps://www.blogger.com/profile/14088030568579672500noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84131554033692034492012-04-03T08:04:11.708-07:002012-04-03T08:04:11.708-07:00L.A.: the upper and lower bounds are set subjectiv...L.A.: the upper and lower bounds are set subjectively--my intuition. <br /><br />John: supply siders are not always against higher taxes; higher tax receipts are a welcome thing if they come as a result of more people working. Supply-siders' main tax argument is that higher tax rates do not always yield higher tax receipts, and lower tax rates can yield higher tax receipts than static Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14440599727224258742012-04-03T05:52:52.686-07:002012-04-03T05:52:52.686-07:00Never thought I'd see "higher tax receipt...Never thought I'd see "higher tax receipts" treated as good news on this blog.Johnhttps://www.blogger.com/profile/06365403570563730880noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-34351830214556336292012-04-02T21:13:52.014-07:002012-04-02T21:13:52.014-07:00Scott, just curious what sets the upper and lower ...Scott, just curious what sets the upper and lower bounds for the two trend lines?L.A.https://www.blogger.com/profile/17235323298066514444noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-61811204536348593602012-04-02T18:39:15.389-07:002012-04-02T18:39:15.389-07:00UPDATE: 3/28/2012 data
SCHAEFFER'S INVESTORS I...UPDATE: 3/28/2012 data<br /><b>SCHAEFFER'S INVESTORS INTELLIGENCE</b><br /><br />PERCENT BULLISH - 50.5% up from 43.6% two weeks ago. <br />PERCENT BEARISH - 22.6% down from 26.6% two weeks ago.<br />The percent bullish first rose to 50.5% on 12/28/2011 and has been no higher than 54.8% since then. The previous significant high was 58% in January 2011.<br /><br /><b>LIPPER U.S. FUND FLOWS</b>Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-80244705452152671532012-04-02T17:47:07.769-07:002012-04-02T17:47:07.769-07:00I just realized one other thing. There were only 2...I just realized one other thing. There were only 22 weekdays in March this year compared to 23 last year (which would also explain why the per-day average was so much greater than the monthly total). If we've still got a 2.64% y-o-y growth in withholding taxes with one fewer weekday (and one day can actually make a big difference), then that really points to pretty good growth in tax receiptsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-68569490210334375202012-04-02T15:34:01.340-07:002012-04-02T15:34:01.340-07:00A bit more color on those withholding receipts num...A bit more color on those withholding receipts numbers.<br /><br />In March, $166,353 billion in withholding tax receipts were collected.<br /><br />In March of last year, $162,081 billion were collected.<br /><br />That's a y-o-y increase of 2.64%. There's a particular calendar quirk going on to make the daily average % increase larger than the total for the month. Split the difference Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-36768891442155643142012-04-02T15:16:49.379-07:002012-04-02T15:16:49.379-07:00This comment has been removed by the author.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-79135873936982703932012-04-02T13:11:47.364-07:002012-04-02T13:11:47.364-07:00March average daily withholding tax receipts were ...March average daily withholding tax receipts were about 7% over last year's figures. Another good jobs report is in store on Friday.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91852616131865713662012-04-02T12:28:22.435-07:002012-04-02T12:28:22.435-07:00NEW YORK (Dow Jones)--U.S. stocks rose Monday to t...NEW YORK (Dow Jones)--U.S. stocks rose Monday to trade near multi-year highs in the first session of the new quarter as a reading on domestic manufacturing bolstered investor sentiment.<br /><br />Stocks opened nearly flat Monday, but drifted higher following the release of March manufacturing data. The Dow Jones Industrial Average traded up 71 points, or 0.5%, to 13283 in early afternoon tradingBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com