* Still a lot of news on China compared to India and Japan. It shows the muscle of China's economy.
*
I believe the oil price will be at $65 by the end of 2015 and $70 or
even higher by the end of 2016. It is all based on supply and demand.
The supply will be down when many drillers stop drilling and explorers
stop exploring. The demand will be higher with the improving economies
and increasing global population (more energy consumption from China and
India alone). The only unknown factor is shale energy.
* I bet
my money where my mouth is. I bought more oil stocks
yesterday. I should forget them for a
year. Just lucky yesterday and I should be emotionally detached (not
blowing my horn here but I need to tell someone except my wife). I did
recommend it yesterday or the day before. Do not forget to send me money
for my advice. It is better than sex (the joke of the day):)
*
China console ban will be lifted. Alibaba and the 30 thieves have to
stop the thieves producing the consoles that can play any pirated games.
You do not make money on consoles but the games. AMD could be a winner
if Alibaba's console uses its CPUs. Alibaba may buy Sony, not Sony's
Alibaba movie right.
* Comcast will be hurt by iTV, Sony TV,
Chromcast...Basically just use the internet to stream TV shows
by-passing the cable box. Not a bright future for cable companies. When
two losers merge, there will be STILL two losers as demonstrated by the
formula 1 Loser + 1 Loser = 2 Losers. Every kindergarten student should
know about that. Time Warner learned it the hard way before by ignoring
my other formula: 1 Loser * 1 Winner = 1 Loser.
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