--so let me know if anyone wants on or off this ping. Posted on 03/17/2014 3:12:23 AM PDT by expat_panama
Investment & Finance Thread 2014 New Year(Mar. 17 - nexttime edition)
This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here.
Open invitation continues always for input on ideas for the thread, this being a joint effort works well.
Keywords: financial, WallStreet, stockmarket. We still hope to include here a ----so let me know if anyone wants on or off this ping.
Be advised that it gets posted only when I'm not feeling lazy and remember that we now know from studies that sloth is completely genetic and lazy people are the way they are because they were born that way.
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So, which way are we going next?
This past week saw four down days out of five with trading volume increasing on the down tics and last Thursday we saw IBD change the market outlook from "confirmed uptrend" to "market under pressure".
We'll see how tomorrow morning's futures look, but in the mean time--
Gold Poised For Sixth Consecutive Higher Weekly Close
by Peter A. Grant March 14, AM
(from USAGOLD.com) --
Gold surged to another six month high on Friday of 1387.87, before prices moderated intraday. The impending Crimean referendum this weekend has ratcheted geopolitical tensions steadily higher. Some U.S. data weakness offered an additional boost to the yellow metal initially.... (read more here)/
The FDIC makes lenders turn in records, so we can know that the delinquency rate on all consumer loans is at 2.5%. “Delinquency” means the loans are being paid late. Loans that aren’t being paid at all are listed in the charge-off rate, that that one’s under 2%.
Out of every 100 American households, 96 are paying on time, 2 are paying late fees, and another two have lost their credit. Not bad imho.
http://nypost.com/2014/03/18/string-of-suicides-rocking-financial-world-baffles-experts/
Good morning and a happy mid-week to all --starting off today w/ futures upbeat (if we don't talk metals). Yesterday stocks powered on approaching new highs and while trading volume increased from yesterday it's still below average. Waiting for the fed's FOMC Rate Decision for 2:00PM today maybe. Other news:
3 Signs the Bears Aren't Quite Done Yet - Anthony Mirhaydari, MSN Money
Why Stocks Have Rallied In Face of a New Cold War - Mark Hulbert, MW
Dollar Strengthens Against Yen Before Fed Decision; Pound Rises
Trading Probe Breaks String of Gains for US Exchange Operators
Jesse Jackson targets tech's lack of diversity
Yellen to enter spotlight as new leader of Fed
Seems that suicide's can propagate in a close group of people working and living together, it's a real problem in schools, military bases, and now banks. Good management will proactively call in everyone for a group counseling "talk-it-out". otoh the old 1929 crash rash never happened:
The myth of post-crash pavement suicidesDid brokers really throw themselves out of office windows in the Wall ...
From another thread on this
“Roughly 39,000 people off themselves each year in the usa. 5.5 million people are employed in the banking and insurance industries. Figure half are wankers bankers. that’s 2.75 million bankers out of 320 million people in the usa or .8594%. If we apply this to the number of suicides we would expect 335 bankers to suicide every year. “
http://www.freerepublic.com/focus/f-news/3134512/posts?page=10#10
That’s an important reality to keep in mind.
Well, her first press conference went well.
CBO Director: Important to Give Advance Warning About Coming Changes to Social Security -
I agree.
With what is happening in Crimea one would expect the markets to go up.Oh well!
Three from JP Morgan - One VP from the investment bank technology arm (London), an executive director (New York) and a finance pro (Hong Kong).
One former senior Risk Manager for DB (London) William Broeksmit was a big Kahuna and tied to the VP from JP Morgan and to a prominent Chief economist at Russell Investments.
http://americablog.com/2014/02/three-deaths-missing-reporter-ties-wall-street-investigations.html
The above link mentions a “missing reporter” who specialized in the oil markets that was being investigated by the Feds.
Their trade books must be very interesting. And their positions (pun intended) very stressful. I guess this is to be filed in the folder entitled “Things that Make You Go Hmmmmm”
Heavy selling by institutions dropped stock prices about 0.7% yesterday --it was at 2PM when the fed announced that they'd buy only $30B per month and not the $35 they've been doing. Their projections are for unemployment to go back near 5% and gdp growth to push back up to 3%. Traders disagreed, but they're not anymore all-knowing than the fed is so we'll see who changes his (or her) mind first. For now futures are down in general, more so in stocks and really down on metals...
Asian Markets Fall on Concerns That US Interest Rates May Rise
Beyond unemployment: Yellen lists key job gauges
Yellen's tightrope walk in first Q&A as Fed chair
New Fed chair's 'dashboard' of job-market gauges
Somehow it strikes me all as just business as usual. I mean, I'm not sure if I can fault her for anything specifically.
That was yesterday, now it's the fed. Sometimes it's real easy to get swept into the news media's focus on say some politician, one conflict, or some jet in Malaysia. Truth is that there's a lot more going on with buying and selling stuff in the world than any one news story.
“just business as usual”
That’s what I thought too but somebody disagreed.
imho the fed’s expectations seem to depend upon the American voter sobering up and doing a far better job of supervising the hired help in Washington.
That may be assuming too much...
“Hmmmmm” is right. There are so many different kinds of markets and so many good people that work in them so they can feed their families. That said, this bitcoin market (imho) fails to meet any market need, lacks any basis in fact, and appears to defy all reason.
Other than that it looks great!
Gold and silver dropped yesterday so I decided I needed more pain, drama and agony in my life and bought. World tensions are high in most countries. I seem paralyzed at this point in the stock market. I guess Crimea was just sword rattling and nothing else but I just have a bad feeling.
http://www.dol.gov/opa/media/press/eta/ui/current.htm
http://www.freerepublic.com/focus/f-news/3135325/posts
http://www.freerepublic.com/focus/f-news/3135325/posts?page=4#4
Labor Participation Rates(with change output options):
http://data.bls.gov/pdq/SurveyOutputServlet
A lovely Friday morning to all! Yesterday's turmoil ended up and volume (for the S&P at least) was up too --and now futures traders are taking the 'feel-good' to their markets seeing gains that include stock indexes and even more so with metals. Topping it off is what we'll be hearing reported today from the BLS, the Fed, and the BEA: nothing!
Today's headlines:
was having so much fun w/ ur links yesterday that I forgot to thank you.
TX!
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