Screw the free market, I'm beginning to like this Obama guy...

dammitgibs

Senior member
Jan 31, 2009
477
0
0
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?
 

ebaycj

Diamond Member
Mar 9, 2002
5,418
0
0
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

UHC = Short sell Health Insurance companies. Or, buy Put Options on Health Insurance Companies.

Or, healthcare suppliers
Or, pharma companies
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
I rather doubt that the reason your investments in these went up is because of cash for clunkers, which was pee on a bonfire; the market as a whole has gone up recently.
 

IronWing

No Lifer
Jul 20, 2001
72,408
32,989
136
If the economy starts to rebound, I'd look into the hinge and glue markets. There's a lot of replacement work that will be needed in the future.
 

tk149

Diamond Member
Apr 3, 2002
7,253
1
0
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

When the economy recovers, businesses will need energy. Energy stocks will increase as a result. I think Cap and Trade will actually be a drag on energy stocks. I wouldn't bet on solar either, unless you have some specific projects in mind.
 

SammyJr

Golden Member
Feb 27, 2008
1,708
0
0
You act like this is a new thing.

Everyone knows to invest in defense stocks and oil when Republicans are in power. Play the game.
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

If you don't think UHC will go through, invest in insurers, at least when they rape and pillage US consumers, you'll get a cut of the action.
I myself am investing in gold and commodities, because the only way US will be able to compete with anchor of benefit costs and debt hanging around its neck is to devalue the dollar, so long term bet against the dollar is an easy call.
 

JS80

Lifer
Oct 24, 2005
26,271
7
81
Originally posted by: ebaycj
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

UHC = Short sell Health Insurance companies. Or, buy Put Options on Health Insurance Companies.

Or, healthcare suppliers
Or, pharma companies

What he said. If you can't short, buy RXD, it's the short ETF for healthcare index.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Originally posted by: senseamp
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

If you don't think UHC will go through, invest in insurers, at least when they rape and pillage US consumers, you'll get a cut of the action.
I myself am investing in gold and commodities, because the only way US will be able to compete with anchor of benefit costs and debt hanging around its neck is to devalue the dollar, so long term bet against the dollar is an easy call.
Commodities is a great hedge but I've read how gold isn't as good as maybe it seems. What about an index-adjusted treasury bond?

 

Patranus

Diamond Member
Apr 15, 2007
9,280
0
0
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

http://www.google.com/finance?...0&q=NASDAQ:SIRI&ntsp=0

What a great investment.
 

PJABBER

Diamond Member
Feb 8, 2001
4,822
0
0
You might consider placing a direct political bet -

Iowa Electronic Markets

The Iowa Electronic Markets are operated by faculty at the University of Iowa Henry B. Tippie College of Business as part of their research and teaching mission. These markets are small-scale, real-money futures markets where contract payoffs depend on economic and political events such as elections.

Though they do not yet have the 2010 Mid Term Elections Market up, I would place an all-in bet that the Democrats are going to lose a significant number of seats and the U.S. will thus move away from a One Party government.

Here is a list of the Closed Markets that have finished trading -

Closed Markets
 

FerrelGeek

Diamond Member
Jan 22, 2009
4,669
266
126
Originally posted by: Pens1566
I stopped reading at Sirius ...

Actually, if you'd have invested in Sirius in January, you'd have a ten-flod ROI right now. I'm still kicking myself for not doing it.
 

Pens1566

Lifer
Oct 11, 2005
13,488
10,928
136
Originally posted by: FerrelGeek
Originally posted by: Pens1566
I stopped reading at Sirius ...

Actually, if you'd have invested in Sirius in January, you'd have a ten-flod ROI right now. I'm still kicking myself for not doing it.

And if you had it since last august, you'd be down $1 a share ...

They're a horribly flawed company.
 

PJABBER

Diamond Member
Feb 8, 2001
4,822
0
0
Originally posted by: Pens1566
Originally posted by: fallout man
Originally posted by: Pens1566
I stopped reading at Sirius ...

I just had a $900 dinner.

Uh, good for you? Like to waste money?

Hey, I'd like a vicarious thrill. What was on the menu???

The most expensive meal I ever had was around $300 a head in Paris a few years back.

My American boss wanted to impress her boss and, since she knew I was a gourmand, asked my opinion as to what champagne we should order. I said that from the wine cellar listing I glanced at before engaging in conversation I would prefer Krug if push comes to shove.

Long story short, she told me to order what I liked (I LIKE that kind of boss!) and I promptly put in an order for a couple bottles of Krug Vintage 1995, which substantially raised our tab.

The funny part of the story is that when the sommelier happily proffered the first bottle to me I refused it, being the bottle had corked. The French sommelier froze, absolutely froze at an American refusing the bottle. He started to argue and question my judgment but I just quietly stood my ground while the French guests at the table got really, really silent.

The sommelier left, taking the tainted bottle. After a few minutes the owner of the restaurant and the two sommeliers of the restaurant returned with a new bottle. All three shook my hand and apologized for offending me by presenting an imperfect bottle (they confirmed the condition out of sight.)

They should have at least sampled the cork before serving it to me, of course, but they had some kind of blind faith that the price insured quality and condition, which it does not always.

Just like spending trillions does not guarantee we are going to get what we asked for and there is a chance the product will be delivered tainted by inattention.
 

coolVariable

Diamond Member
May 18, 2001
3,724
0
76
Originally posted by: scott
forget about it.

(a) as soon as the bailout-propelled inflation starts, the commercial bond market dies. Unless investors are in TIPS or similar, we're about to experience a commercial bond market collapse.

(b) Fools toss off opinions about just "printing up more money won't hurt much" without thinking about what it means to do that.

Most of the money is created through the fractional reserve banking system. $1 printed by the gov't multiplies many times over, flooding us and making the $1 trend toward worthless.

Say a few extra $trillions are "just printed upo." That multiplies into maybe hundreds of trillion$. It does severe, maybe even mortal, injury to our economy.

It's clearly as if Obama & the Fed are waging warfare against our economy, purposefully intent on crippling or even destroying America.

True

 

Pens1566

Lifer
Oct 11, 2005
13,488
10,928
136
Originally posted by: PJABBER
Originally posted by: Pens1566
Originally posted by: fallout man
Originally posted by: Pens1566
I stopped reading at Sirius ...

I just had a $900 dinner.

Uh, good for you? Like to waste money?

Hey, I'd like a vicarious thrill. What was on the menu???

The most expensive meal I ever had was around $300 a head in Paris a few years back.

My American boss wanted to impress her boss and, since she knew I was a gourmand, asked my opinion as what champagne we should order. I said that from the wine cellar listing I glanced at before engaging in conversation I would prefer Krug if push comes to shove.

Long story short, she told me to order what I liked (I LIKE that kind of boss!) and I promptly put in an order for a couple bottles of Krug Vintage 1995, which substantially raised our tab.

The funny part of the story is that when the sommelier happily proffered the first bottle to me I refused it, being the bottle had corked. The French sommelier froze, absolutely froze at an American refusing the bottle. He started to argue and question my judgment but I just quietly stood my ground while the French guests at the table got really, really silent.

The sommelier left, taking the tainted bottle. After a few minutes the owner of the restaurant and the two sommeliers of the restaurant returned with a new bottle. All three shook my hand and apologized for offending me by presenting an imperfect bottle (they confirmed the condition out of sight.)

They should have at least sampled the cork before serving it to me, of course, but they had some kind of blind faith that the price insured quality, which it does not always.

Just like spending trillions does not guarantee we are going to get what we asked for and there is a chance the product will be delivered tainted by inattention.

A+, would read again.
 

miniMUNCH

Diamond Member
Nov 16, 2000
4,159
0
0
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

Riiiggghttt. Please name said steel companies.

cap and trade is on carbon credit... my perception is that it will not make raw fuels for energy any more expensive. If anything, cap and trade could depress demand which in turn would depress prices. On a side note, capt and trade is a horrible, horrible idea.

photovoltaic cells use semiconductor materials... no precious metals are used.... no large scale solar panels manufactured today use precious metals in any appreciable quantities.

As far as investing in raw materials for the future... lithium is gonna turn into the new oil. At present no other battery technology comes close to matching the performance of Li-ion batteries.
 
Feb 19, 2001
20,155
23
81
Originally posted by: Skoorb
Originally posted by: senseamp
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

If you don't think UHC will go through, invest in insurers, at least when they rape and pillage US consumers, you'll get a cut of the action.
I myself am investing in gold and commodities, because the only way US will be able to compete with anchor of benefit costs and debt hanging around its neck is to devalue the dollar, so long term bet against the dollar is an easy call.
Commodities is a great hedge but I've read how gold isn't as good as maybe it seems. What about an index-adjusted treasury bond?

Gold's great when you got major inflation issues. I suppose gold did work a couple years ago. With how conservatives think Obama is running this country through massive spending and deficits, hyperinflation could take over. ??? Profit?
 
Feb 19, 2001
20,155
23
81
Originally posted by: miniMUNCH
Originally posted by: dammitgibs
So I invested in companies like Sirius XM (SIRI) and various steel stocks who I suspected would benefit greatly from the cash for clunkers program and reaped the benefits, and now I'm thinking what will be the next great Obama policy for me to cash in on? I'm not so sure this UHC thing is going to go through but if it does which companies do you think are the best to invest in? The big one I'm thinking here is cap and trade as energy prices sky rocket, I'm thinking natural gas, coal, and lastly precious metals that supply photovoltaic cell manufacturers, what do you think?

Riiiggghttt. Please name said steel companies.

cap and trade is on carbon credit... my perception is that it will not make raw fuels for energy any more expensive. If anything, cap and trade could depress demand which in turn would depress prices. On a side note, capt and trade is a horrible, horrible idea.

photovoltaic cells use semiconductor materials... no precious metals are used.... no large scale solar panels manufactured today use precious metals in any appreciable quantities.

As far as investing in raw materials for the future... lithium is gonna turn into the new oil. At present no other battery technology comes close to matching the performance of Li-ion batteries.

Steel has been great in the past and will continue to. US Steel? Nucor?

I don't think he meant steel though. Precious metals. Silver is needed in a lot of solar cells. so is zinc, indium, tin, gallium, copper, selenium... Steel and aluminum might be needed for thin film based solutions.