Activists keep a flame under this market
They're inspiring companies to make moves that attract investors.

They keep doing things to make the market go higher, "they" meaning activists and active managements that are tired of seeing their stocks flatline.
We have been saying for some time on "Mad Money" and here that Hess (HES) needs to break up and separate that nasty refining business in order to bring out the value of its fantastic exploration-and-production assets.
We know that an activist, Elliott Associates, has been agitating for change, wants to be bigger and said it might want to nominate candidates for the board.
In what looks to be a preemptive move, Hess took the action that should please everyone except those who believe that the whole company should be put up for sale.
Or how about Waste Management (WM). The stock has been a dog, although it has paid you to wait. This morning, Credit Suisse points out that the company should convert to a real estate investment trust, something we have seen with less traditional companies of late, including American Tower (AMT) and Weyerhaeuser (WY). We don't know if Waste Management will go through with it, but the prospects, judging by the increase today, sure are tempting.
Or Sanford Bernstein pointing out today that American International Group's (AIG) management is anxious to narrow the gap between the book value, which is almost twice what the stock is worth, and the current price.
Or Carl Icahn agitating for a big dividend from Transocean (RIG), which does have the capacity to give you one. He takes 5.61% and then urges a $4 dividend, which is something that would attract real buyers.
Or, let's just call it as it is. Salesforce.com (CRM) issues a proxy to put forward a 4-for-1 split, and the retail investor who has been handicapped by the high dollar price of, say Netflix (NFLX) or Amazon (AMZN) or Google (GOOG) or Apple (AAPL), gets excited and does some buying, even as we know that this is a fatuous reason to buy anything.
It is, after all, the same company before and after the split, so there's nothing that moves the needle except the animal spirits that a split attracts.
Companies are doing things to attract investors. Activist investors are doing things to inspire companies. It all makes sense, and it is happening right now.

Jim Cramer is a co-founder of TheStreet and contributes daily market commentary to the financial news network's sites. Follow his trades for Action Alerts PLUS, which Cramer co-manages as a charitable trust and is long AIG and AAPL.
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The Euro is still moving in lockstep with US stocks. Today's play is long on the Euro against the dollar, and short stocks as a hedge. Leverage up and sit tight, don't chase the money, close out before the end of the day and "don't count your money, while you're sitting at the table, there'll be time enough for counting, when the dealing's done."
I actually love this market right now. The banks are getting just what they deserved. Maybe there is something to that Karma. Their hedge against the inflation that was intended for regular US citizens is all in the market. That is where the inflation exists. They can't do anything with it unless a rush of investors take them off their position at these prices. Volume is down....... Trust is down.... and all the time Boomers are doing well on their 401Ks as they retire.
I donno....Activist or investors, people can believe what they want...To work or play in the Markets is a person's choice...
I realize there is little Trust in the Markets at this time..
And judging by some of the comments read here, and heard on the street...;
There is little Trust in our Government and other Entities involved...
Not trying to be the eternal optimist...I do realize we still have some problems...
Situations are getting better except for maybe debt, and our Countries Valuation..?
But the the perpetual doom & gloom accomplishes little, so I don't want to be dragged down..
Do what you have to do....And let's hope or make it come out better..
Doing nothing, and the blame will land squarely on your shoulders.
I'm Guessing into some that Analysts and Article writers are pointing out...
Just be careful, some are Bear traps and some are Bull shidt..Or maybe a Rider; Takes research..
Solid Companies and good dividends are a place to look...
But any dividends above 6-7% can come down quickly in stock price...Depending on Economy.
Many REITS are looking pretty decent for the time being...But there are good and bad...
Depends on their Outlays..
I was selling some the last couple days...Going to something, I consider better...
And I have added a little Goldminers on the cheap..adding more..
Also added a little Ford this A.M.....Doing some DCAverageing.
Hell I've been buying and selling the last few days...We might be hit by a correction.....?
But we can live with that..
Dollar costing down...
And selling some after dividends....That have been stagnating...Or not performing great.
Keep that money rolling....
Keep that money rolling....
Rawhide..
Mooooooooooooooooooooooooooo !!
Things are going to collaspe this year even the Chinese are warning about Buzz Bernanke and his "print monies to infinity and beyond" monetary policy.
The Buck will not stop at Truman's desk the buck will simply stop being important in world trade. Already 90 percent of the world is trading in yuan and not dollars. The dollar has hardly any life ledt in it.
Quote
A senior Chinese official said on Friday that the United States should cut back on printing money to stimulate its if the world is to have confidence in the dollar.
Asked whether he was worried about the dollar, the chairman of China's sovereign wealth fund, the Investment Corporation, Jin Liqun, told the World Economic Forum in Davos: "I am a little bit worried."
Jin said he was confident that the Obama administration and Congress would ultimately solve the debate over the so-called fiscal cliff, "but of course the printing machine will have to slow down for people to have full confidence in the dollar".
is the biggest purchaser of U.S. Treasury bonds, using its enormous foreign currency reserves primarily to buy U.S. securities as a long-term investment.
"There will be no winners in currency wars. But it is important for a central bank that the money goes to the right place," Li said.
End Quote
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