2012` Q1 FReepathon. Target: $94,000 Receipts & Pledges to-date: $84,022
89%  
Woo hoo!! Less than $10k to go!! Thank you all very much!!

Keyword: stocks

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  • Here's The Chart That Has Stock Market Bears Ripping Their Hair Out

    02/12/2012 7:19:45 AM PST · by blam · 31 replies
    TBI ^ | 2-12-2012 | Sam Ro
    Here's The Chart That Has Stock Market Bears Ripping Their Hair Out Sam Ro Febuary 12, 2012Stocks have had an incredible run so far since the beginning of the year. The S&P 500 is up a whopping 6.7% during the period, closing at 1342 on Friday. In December, we surveyed 16 of Wall street's top strategists who told us that the S&P 500 would close at just 1363 by the end of 2012. At the time, five of those strategists had targets below 1342. Why were they so conservative? Well, some of the key risks cited included deterioration in the...
  • Stocks at Lows, 34 Italian Banks Downgraded

    02/10/2012 12:39:12 PM PST · by Signalman · 2 replies
    CNBC ^ | 2/10/2012 | JeeYeon Park
    Stocks accelerated their losses Friday, on track to logging their worst session this year, after stalled debt negotiations in Greece, some disappointing economic news and reports that S&P downgraded a handful of Italian banks. In the latest round of disappointment from the euro zone, ratings agency S&P downgraded 34 of 37 Italian banks, including banking giant UniCredit, citing worries over the banking industry and economic risks in the country. The move comes after the ratings agency's downgrade of Italy's sovereign rating in January to BBB+, along with downgrades of nine other euro zone countries. All three major averages are on...
  • A Quick Look At How Much The Stock Market Has Died

    02/09/2012 11:34:35 AM PST · by blam · 16 replies
    TBI ^ | 2-9-2012 | Simone Fox
    A Quick Look At How Much The Stock Market Has Died Simone Foxman Febuarary 9, 2012Despite a spectacular rally year to date, it's been observed that there's basically no market volume. So we took a look at historical volumes, as well as trends that have been going on in the last few years. Turns out volume of trade hasn't been this light on average in over 10 years, and that—in general—it has been trending down pretty clearly since the onset fo the financial crisis. Another thing that's interesting is the daily trading range. The difference between daily market highs and...
  • Art Cashin On A Scary Parallel Between Now And Last Summer (Insider Selling)

    02/09/2012 7:29:11 AM PST · by blam · 5 replies
    TBI ^ | 2-9-2011 | Joe Weisenthal
    Art Cashin On A Scary Parallel Between Now And Last Summer Joe Weisenthal Febuary 9,2011 In his morning note, UBS floor guy draws a scary parallel between the market today and last summer. ------------- Let’s Hope It’s Not An Omen - In his column this morning, Mark Hulbert notes that corporate insiders are “now selling their companies’ stock at a rate not seen since late last July. That’s a scary parallel indeed, since that late-July spike in selling came just days before one of the more painful two-week periods in the stock market in years.” Hulbert then examines how aggressive...
  • Godzilla Will Come Out Of Tokyo Bay Before Japan Economy And Stock Market Rebounds

    02/02/2012 6:10:38 PM PST · by blam · 12 replies
    TMO ^ | 2-2-2012 | Money Morning - Keith Fitz-Gerald
    Godzilla Will Come Out Of Tokyo Bay Before Japan Economy And Stock Market Rebounds Economics / Japan Economy Feb 02, 2012 - 10:55 AM By: Money Morning Keith Fitz-Gerald writes: Let's talk Japan. Every year some analyst comes out with a variation of the story that Japan is about to rebound. Usually the argument goes something like this: Japanese markets are impossibly cheap and the central bank will be there to prevent a catastrophe. Or sometimes there is another variation of the Cinderella story. Either way, don't hold your breath. Japan posted its first trade deficit since 1980 last year...
  • China's Manufacturing Index Signals Contraction, But Markets Miraculously Maintain Gains

    01/20/2012 3:23:58 AM PST · by blam · 3 replies
    TBI ^ | 1-20-2012 | Sam Ro
    China's Manufacturing Index Signals Contraction, But Markets Miraculously Maintain Gains Sam Ro Jan. 19, 2012, 11:18 PM China's HSBC Flash Purchasing Manager's Index climbed to 48.8 in January, up from 48.7 in December. This is a preliminary reading on Chinese manufacturing activity, ahead of the official PMI number. A reading below 50 signals contraction. Signs that China might be slowing have been met with mixed emotions from traders. On one hand, weak data may encourage easier monetary policy, which in a sense is bullish. Then again, bad data is still bad data. Tonight, markets are showing a mixed response to...
  • BOOM: Markets Are Off To A Dynamite Start In 2012

    01/02/2012 6:59:48 PM PST · by blam · 7 replies
    TBI ^ | 1-2-2012 | Joe Weisenthal
    BOOM: Markets Are Off To A Dynamite Start In 2012 Joe Weisenthal Jan. 2, 2012, 5:56 PM Image: wikimedia commons US markets start the year tomorrow, but Europe wasn't bothered by the fact that New Year's Day fell on a Sunday, thus depriving the people of a proper day off. So the trading began today. The big gainer? Germany's DAX index, which gained over 3%. A strong German manufacturing number helped out. Also, manufacturing data out of India and China also helped. On the debt side of things, the Italian 10-year moved below 7% again, which is nice. Short-term rates...
  • ANALYST: The Stock Market Is About To Crash

    12/28/2011 6:36:38 AM PST · by blam · 29 replies
    TBI ^ | 12-28-2011 | Henry Blodget
    ANALYST: The Stock Market Is About To Crash Henry Blodget Dec. 28, 2011, 7:53 AM This time, says Zimmerman, it will be worse. Most of the folks who were dead wrong for years after the market low in March 2009 (see chart at right) have quietly given up, but at least one analyst is still calling for stocks to crash through those financial-crisis lows. United-ICAP senior technical analyst Walter Zimmerman thinks the S&P 500 will nose a bit higher in the early part of 2012 and then drop about 60% to 579.57, Tomi Kilgore of the WSJ reports. (That's 579.57--not...
  • Stocks sell-off accelerates as banks tank

    12/19/2011 1:01:38 PM PST · by Signalman · 8 replies
    CNNMoney ^ | 12/19/2011 | Ben Rooney
    NEW YORK (CNNMoney) -- U.S. stocks fell sharply Monday as investors remain concerned about the debt crisis in Europe and its potential impact on the global banking system. The Dow Jones industrial average (INDU) was down 114 points, or 1%, in afternoon trading. The S&P 500 (SPX) sank 14 points, or 1.1%. The Nasdaq (COMP) slid 31 points, or 1.2%. Stocks opened higher but the gains faded as the banking sector dragged down the broader market. Bank of America (BAC, Fortune 500) fell below $5 per share, lowest level since the worst of the financial crisis in March 2009. Citigroup...
  • Saudi prince invests $300M for 3% stake in Twitter

    12/19/2011 8:26:47 AM PST · by SeekAndFind · 7 replies
    Marketwatch ^ | 12/19/2011 | Ellen Knickmeyer
    RIYADH (Zawya Dow Jones) -- Saudi Prince Alwaleed bin Talal and his Kingdom Holding Co. Monday announced their purchase of a $300 million stake in Twitter, calling it a strategic investment in a company they said is remaking the media landscape. The Twitter purchase represents the prince's drive "to invest in promising, high-growth businesses with a global impact," an emailed statement from Kingdom Holding quoted the Saudi prince as saying. Prince Alwaleed, rated by Arabian Business magazine as the Arab world's richest man, with more than $21 billion in wealth in 2011, had been cited in news reports since October...
  • Gun owners pay top dollar for Polson woodworker's custom creations(MT)

    12/19/2011 4:43:46 AM PST · by marktwain · 10 replies
    billingsgazette.com ^ | 18 December, 2011 | Missoulian
    POLSON — It’s a highly specialized business, carving rifle and shotgun stocks out of blocks of walnut and maple and then custom-fitting them to each gun and gun owner. Kelly Clairmont said there are maybe 100 people in the United States who do it for a living. “And four of them are right here in Polson,” he said. And all four of them got their starts with Bob James, a longtime custom stock maker in Polson. The others eventually formed their own company, S&S Plus, while Clairmont in 2009 bought out James’ business, which is now called Montana Custom Guns,...
  • South Korea's Stock Market Is Plunging On The Kim Jong Il Death News (-4.0%)

    12/18/2011 9:07:49 PM PST · by blam · 18 replies
    TBI ^ | 12-18-2011 | Joe Weisenthal
    South Korea's Stock Market Is Plunging On The Kim Jong Il Death News Joe Weisenthal Dec. 18, 2011, 10:32 PM On news that North Korean dictator Kim Jong Il has died, South Korea's KOSPI index is plunging. It's currently off over 4%. If you want to know why markets would dive. Nate Silver just put it pretty well on twitter: It's because this guy is now in charge of the country's nuclear arsenal.
  • Richard Russell Explains The Technical Indicators That Make Him Bearish As Hell

    12/17/2011 7:38:40 AM PST · by blam · 8 replies
    TBI ^ | 12-18-2011 | Gus Lubin
    Richard Russell Explains The Technical Indicators That Make Him Bearish As Hell Gus Lubin Dec. 17, 2011, 6:42 AM Earlier this week Richard Russell told his subscribers to GET OUT OF STOCKS. He provides more detail on his bearishness today (via King World News): As subscribers must know, I'm not fascinated with the news, but I am fascinated with the markets and what they may be telling us. Among dozens of services, I follow two purely technical, market-oriented advisories -- Granville and Lowry's. I've followed these two since the early 1960s. Granville is now dead bearish based on his brilliant...
  • Stocks tumble on European worries, Intel warning

    12/12/2011 11:55:19 AM PST · by Signalman · 3 replies
    CNNMoney ^ | 12/10/2011 | Hibuh Yousuf
    NEW YORK (CNNMoney) -- U.S. stocks tumbled in a broad sell-off Monday amid growing investor doubt that Europe's debt crisis will actually be resolved, and a sales warning from chipmaker Intel. The Dow Jones industrial average (INDU) slid 228 points, or 1.9%, the S&P 500 (SPX) lost 26 points, or 2.1%, and the Nasdaq (COMP) dropped 49 points, or 1.9%. Monday's sharp retreat followed Friday's rally, fueled by a deal for a new intergovernmental treaty reached by European leaders to create fiscal unity and resolve the long-running debt crisis. The plan is expected to be finalized by March, but a...
  • Triple Lutz Report--Tribute to Harvey Houtkin-The Father of Day Trading

    12/07/2011 1:43:26 PM PST · by appeal2 · 1 replies
    www.KerryLutz.com ^ | 12-7-2011 | Kerry Lutz
    Harvey Houtkin grew up amid humble beginnings in Sheepshead Bay Brooklyn. He was always extremely good with numbers. He went on to college and upon graduating headed for Wall Street. In a back-office department, he was responsible for calculating accrued interest on bond trades. This was a laborious task done with primitive electro-mechanical adding machines. When the electronic calculator was introduced, Harvey immediately saw its potential to streamline the department. He pursuaded his boss to buy several of the then $3000 units, and began a wave of automation on Wall Street that continues to this day. Harvey moved up and...
  • Are Stocks Staring Into The Abyss?

    11/27/2011 4:02:39 PM PST · by blam · 34 replies
    TMO ^ | 11-27-2011 | Robert McHugh PhD
    Are Stocks Staring Into The Abyss? Stock-Markets / Financial Crash Nov 27, 2011 - 12:04 PM By: Robert McHugh PhD Europe’s financial woes are serious. We believe the financial crisis will hit the fan starting in 2012 which will eventually lead to a political union of several major European nations, perhaps even a broader political union of western nations including Great Britain, the United States and Canada. It may be what results from developing global economic chaos. This is Grand Supercycle degree wave {IV} down underway from May 2nd, 2011, a dangerous Bear Market wave of long-term duration. Life will...
  • Dow sinks 300 points

    11/21/2011 8:49:35 AM PST · by Deo volente · 41 replies
    CNN ^ | November 21, 2011 | Maureen Farrell
    NEW YORK (CNNMoney) -- A sell-off on Wall Street gained momentum Monday, with the Dow sinking more than 300 points, as investors remained on edge about the lack of progress on solving U.S. and European debt progblems.
  • Stocks in sharp sell-off (Down down 214)

    11/17/2011 11:41:31 AM PST · by Signalman · 11 replies
    CNNMoney ^ | 11/17/2011 | Ben Rooney
    NEW YORK (CNNMoney) -- U.S. stocks fell sharply Thursday as jumpy investors responded to a flurry of headlines and market talk. Dow Jones industrial average (INDU) was down 203 points, or less than 1.7%, in afternoon trading; the S&P 500 (SPX) fell 24 points, or 1.9%, and the Nasdaq composite (COMP) eased 56 points, or 2.1%. The selling gained momentum after the S&P 500 fell below 1,225, a key technical level that had been the recent moving average. Traders said the the market remains on edge as the eurozone debt crisis appears to be spreading to larger economies in Europe....
  • The Supercommittee Will Fail — And When It Does, Markets Will Crash

    11/15/2011 6:47:08 AM PST · by SeekAndFind · 33 replies
    Investor Place ^ | 11/15/2011 | Jeff Reeves
    Partisan politics will make any meaningful deal difficult to reach. The so-called Congressional supercommittee — a group of 12 politicians with the unenviable task of reaching a compromise on federal spending and our massive budget deficit — is running out of time. And so are American consumers and investors hoping for a deal to bolster a struggling economy and prove the stock market rally is here to stay. Only about a week is left for the group of six Republicans and six Democrats to craft a plan that will slash $1.2 trillion from the U.S. deficit during the next decade....
  • Evidence Of A Downtrend In The US Stock Market

    11/14/2011 11:02:02 AM PST · by blam · 3 replies
    The Daily Reckoning ^ | 11-14-2011 | Bill Bonner
    Evidence Of A Downtrend In The US Stock Market By Bill Bonner 11/14/11 Paris, France – What happened on Friday? A “moment of truth” arrived for Europe. But what is the truth? We’ll have to wait to find out. The Dow rose 259 points. Gold was up $28. But who cares? Up, down…up, down… Every day brings more ‘truth.’ But what we want is a truth with legs. We’re not day traders. Not week traders. Not even year traders. We want a long, sure…mega trend. We want the Dow at 900 in 1983. Or gold at 260 in 1998. What...
  • It Is 1931. We Are Austria. If The Fed Doesn't Save Us Here Comes Another Great Depression...

    11/09/2011 3:27:31 PM PST · by blam · 76 replies
    TBI ^ | 11-9-2011 | Henry Blodget
    DELONG: It Is 1931. We Are Austria. If The Fed Doesn't Save Us Here Comes Another Great Depression... Henry Blodget Nov. 9, 2011, 5:21 PM How does Berkeley professor Brad Delong feel about what's going on in Europe? He's freaking out: Time to Spread Foam on the Runway: The Federal Reserve Needs to Act Now to Firewall Off the Eurocrisis I have been complaining for some time now that Reinhart and Rogoff think that the time is always 1931 and that we are always Austria--that the great fiscal crisis is about to erupt and send us lurching down toward Great...
  • Stocks get hammered by Italy fears (DJIA down 389 pts.)

    11/09/2011 1:20:59 PM PST · by Signalman · 13 replies
    CNNMoney ^ | 11//9/2011 | Hibuh Yousuf
    NEW YORK (CNNMoney) -- Investors ran for the hills Wednesday, shaken to the core by fears that Italy, Europe's fourth-largest economy, was headed deeper into crisis mode. U.S. stocks sold off sharply right from the open after Italy's 10-year bond yield spiked above 7% -- its highest since the euro was launched in 1999. The 7% figure is a psychological trigger for investors since it was the level that heightened worries about Greece, Ireland and Portugal. All three eventually needed some type of bailout. The selling intensified in the afternoon amid reports that European Union officials said they have no...
  • Why Defense Stocks Could get Crushed in Coming Years

    11/05/2011 3:10:43 PM PDT · by Kaslin · 21 replies
    Townhall.com ^ | November 5, 2011 | David Sterman
    Circle your calendars for Nov. 23. That's the deadline for Congress to pass -- and the President to sign -- major budget changes being drawn up by a bipartisan "super-committee." Recall that the last agreement, struck in early August, tasked this group with a huge challenge: Come up with a wide range of chosen budget cuts, or live with the consequences of automatic spending cuts that leave no stone unturned. That's bad news for investors, as we could see history repeating itself in a very unpleasant way.At this point, Democrats and Republicans are far from an agreement. Democrats have offered...
  • In the Markets, When it Rains it Pours

    It's amazing that just late last week that the market seemed to come together to sing Kumbaya. Stocks were soaring and people (okay mostly idiots) were thinking the EU crisis might finally be solved. Fast forward to today and you find we've just had the 8th largest bankruptcy in history and it looks like absolutely nothing with regards to Europe is set in stone. Or even written in the sand. Or drawn on an imaginary chalkboard. Anyway, let's start with the bankruptcy of MF Global which has a lot of people joking about what the MF stands for (you can...
  • Dow tumbles 300 points on Greece's curveball

    11/01/2011 9:38:14 AM PDT · by Signalman · 28 replies
    CNNMoney ^ | 11/1/2011 | Hibuh Yousuf
    NEW YORK (CNNMoney) -- U.S. stocks sold off sharply Tuesday after Greece's prime minister called for an unexpected public vote to approve Europe's debt deal. Investors fear the referendum will jeopardize the deal, since it includes austerity cuts that have not been popular with the Greek public. At midday, the Dow Jones industrial average (INDU) was down 302 points, or 2.5%, the S&P 500 (SPX) sank 36 points, or 2.9%, and the Nasdaq (COMP) lost 83 points, or 3.1%. Bank stocks were hit especially hard, with shares of Morgan Stanley (MS, Fortune 500) down more than 9% and Citigroup (C,...
  • Asia Shares, Euro Rally On EU Summit

    10/26/2011 9:59:55 PM PDT · by blam · 4 replies
    Yahoo - Reuiters ^ | 10-26-2011 | Chikako Mogi
    Asia Shares, Euro Rally On EU Summit October 26, 2011, 11:26 pm EDT By Chikako Mogi TOKYO (Reuters) - Riskier assets across the board from equities to oil and the euro rallied on Thursday after European leaders agreed to boost the region's rescue fund and struck a deal on a 50 percent writedown for private bondholders on their Greek debt. Spreads tightened in Asian credit markets while U.S. Treasuries extended losses in Asia, but gold extended gains to their highest in more than a month on confirmation that progress in resolving European sovereign debt crisis will remain slow. Lack of...
  • Asian Markets See Red And Gold Sees Green

    10/25/2011 8:34:49 PM PDT · by blam · 3 replies
    TBI ^ | 10-25-2011 | Sam RO
    Asian Markets See Red And Gold Sees Green Sam Ro Oct. 25, 2011, 10:16 PM Asian markets are extending the global market selloff as investors prepare to be disappointed by EU leaders on Wednesday. Japan's Nikkei is down 0.8%. Korea's Kospi is down 0.7%. Australia's S&P/ASX is down 0.1%. Hong Kong's Hang Seng is down 1.0%. Meanwhile, gold continues its rally. Check out the chart: Gold Image: FinViz
  • STOCKS TANK BEFORE EU MEETING THAT EVERYONE EXPECTS TO FAIL: Here's What You Need To Know

    10/25/2011 1:23:02 PM PDT · by blam · 9 replies
    TBI ^ | 10-25-2011 | Sam Ro
    STOCKS TANK BEFORE EU MEETING THAT EVERYONE EXPECTS TO FAIL: Here's What You Need To Know Sam Ro Oct. 25, 2011, 4:00 PM It's official. No one's expecting anything from tomorrow's hyped up EU leaders summit. First, the scoreboard: Dow: -207 pts S&P 500: -25.1 pts NASDAQ: -61.0 pts And now, the top stories: * A day before the highly anticipated Wednesday EU leaders' summit, the U.K. told us that finance ministers (i.e. Ecofin) would not be meeting tomorrow. Ultimately, this means that we are unlikely to get a sufficient solution to the eurozone debt crisis. This news broke early...
  • STOCKS SURGE AHEAD OF HUGE WEEKEND FOR EUROPE: Here's What You Need To Know

    10/21/2011 1:25:37 PM PDT · by blam · 6 replies
    TBI ^ | 10-21-2011 | Sam Ro
    STOCKS SURGE AHEAD OF HUGE WEEKEND FOR EUROPE: Here's What You Need To Know Sam Ro Oct. 21, 2011, 3:59 PM Stocks rally for the fourth week in a row ahead of this weekend's EU leaders' summit. First, the scoreboard: Dow: +268 pts, +2.3% S&P 500: +23 pts, +1.9% NASDAQ: +39 pts, 1.5% And now, the top stories: * Jitters returned to the global markets overnight on rumors that Germany and France had reached an impasse on eurozone debt crisis solution talks. Then a German official came out and said the concerns over disagreements were exaggerated. U.S. futures spiked, setting...
  • Stock Market Poised For A Sharp Pullback Near Term says Dr Copper

    10/21/2011 4:39:35 AM PDT · by blam · 4 replies
    TMO ^ | 10-21-2011 | David Banister
    Stock Market Poised For A Sharp Pullback Near Term Says Dr Copper Stock-Markets / Stock Markets 2011 Oct 21, 2011 - 12:59 AM By: David Banister Back on October 3rd I wrote a public article forecasting a major market bottom at around 1088 on the SP 500 index. I surmised we were about to complete a 5 wave move to the downside that commenced with the Bin Laden highs of 1370 in early May of this year. The following day we bottomed at 1074 intra-day and closed over my 1088 pivot and continued higher as we all know. That brings...
  • Stocks Are Rising Ahead Of Huge Weekend That Will Probably End In Failure

    10/21/2011 4:13:31 AM PDT · by blam · 2 replies
    TBI ^ | 10-21-2011 | Joe Weisenthal
    Stocks Are Rising Ahead Of Huge Weekend That Will Probably End In Failure Joe Weisenthal Oct. 21, 2011, 4:12 AM Everyone expects this weekend to end in "failure" with no agreement having been reached between EU leaders on solving the crisis. But, for now, nobody minds. Stocks are rising again around the world. Germany markets are up 0.7%. Italy is up 1.5%. In the US, futures are up a tad. It's conceivable that risk assets are getting some modest lift from the latest news about the Fed maybe doing some kind of QE3-like program, but who knows?
  • Slowing economy stifles stocks

    10/19/2011 2:55:43 PM PDT · by Signalman · 1 replies
    CNNMoney ^ | 10/19/2011 | Maureen Farrell
    NEW YORK (CNNMoney) -- U.S. stocks closed lower Wednesday, after the Federal Reserve released a pessimistic report on regional economic activity. The Dow Jones industrial average (INDU) closed down 72 points, or 0.6%. The S&P 500 (SPX) shed 15 points, or 1.3%. The Nasdaq composite (COMP) lost 53 points, or 2%. The three "E"s -- the economy, Europe, and earnings -- continue to dominate. But with few reports of consequence out of Europe, investors had been focusing on the latest earnings reports, keeping stocks mostly near the breakeven line for much of the day. But stocks took a hit in...
  • STOCKS GET CRUSHED AND EVERYONE'S AFRAID OF EUROPE AGAIN: Here's What You Need To Know

    10/17/2011 1:17:00 PM PDT · by blam · 16 replies
    TBI ^ | 10-17-2011 | Sam Ro
    STOCKS GET CRUSHED AND EVERYONE'S AFRAID OF EUROPE AGAIN: Here's What You Need To Know Sam Ro Oct. 17, 2011, 4:00 PM Europe served up a dose of reality, days before the huge EU summit. First, the scoreboard: Dow: -247 pts S&P 500: -24 pts NASDAQ: -53 pts And now, the top stories: * German leaders offered some sobering words ahead of Sunday's EU summit. Finance Minister Wolfgang Schaeuble said there wouldn't be a complete solution to the eurozone debt crisis coming out of the summit. This is in contrast to the statement by Merkel and Sarkozy on October 9th,...
  • STOCKS TANK IN FINAL MINUTES OF THE DAY: Here's What You Need To Know

    10/07/2011 2:21:40 PM PDT · by blam · 36 replies
    TBI ^ | 10-7-2011 | Sam Ro
    STOCKS TANK IN FINAL MINUTES OF THE DAY: Here's What You Need To Know Sam Ro Oct. 7, 2011, 4:00 PM More signs that the U.S. economy is not as bad as everyone thought. But, big downgrades in Europe bring us back to reality. First, the scoreboard: Dow: -18 S&P 500: -10 NASDAQ: -27 And now, the top stories: * The highly-anticipated September jobs data came out with a bang. U.S. companies added 103k non-farm payrolls. Economists expected just 60k. The July and August figures were both revised upwards. However, the unemployment rate was unchanged at 9.1%, which wasn't a...
  • Credit Suisse: Buy The Dips, A Recession Is Priced In

    10/07/2011 3:31:43 AM PDT · by blam · 3 replies
    TBI - Pragmatic Capitalism ^ | 10-7-2011 | Cullen Roche
    Credit Suisse: Buy The Dips, A Recession Is Priced In Cullen Roche, Pragmatic Capitalism Oct. 7, 2011, 4:56 AM The Credit Suisse investment committee has concluded that a recession is now priced in and that further downside should be bought. They believe volatility is likely to continue, but should ultimately provide opportunity to add to solid companies (via CS): “The past few weeks turned out to be very difficult for equity markets overall, driven by erratic news-flow surrounding macroeconomic data releases and the peripheral European debt situation. We think that this market regime with huge swings is likely to continue...
  • ALL Asian Markets Jump In Early Trading

    10/06/2011 8:10:28 PM PDT · by blam · 11 replies
    TBI ^ | 10-6-2011 | Sam Ro
    ALL Asian Markets Jump In Early Trading Sam Ro Oct. 6, 2011, 10:33 PM The global stock market rally fueled by favorable development in Europe and encouraging news about the US economy is still on. Japan's Nikkei is up 1.1%. Korea's Kospi is up 2.7%. Australia's S&P/ASX is up 2.6%. Hong Kong's Hang Seng is up 2.8%. The Shanghai Composite is closed for China's Golden Week holiday. And US futures are flat ahead of tomorrow's huge jobs report.
  • FINALLY, Asia Rallies, Korea Explodes Higher

    10/05/2011 8:54:10 PM PDT · by blam · 10 replies
    TBI ^ | 10-5-2011 | Joe Weisenthal
    FINALLY, Asia Rallies, Korea Explodes Higher Joe Weisenthal Oct. 5, 2011, 9:36 PM After missing out on the recent rally, finally Asia is participating. While US futures are down modestly, Japan is up 2%, and Korea's KOSPI (after getting drubbed two straight days) is up huge.(snip)
  • Harold Camping says Judgment Day will occur Oct. 21 (for real this time)

    10/05/2011 1:51:56 PM PDT · by Cronos · 65 replies
    MLIVE ^ | 4 October 2011 | Troy Reimik
    Yes, this again. There are fewer billboards this time, but the people who brought you the popular Rapture "scare" of May 2011 are back with a more subdued sequel titled "Wait, Wait, We Meant October." You may recall the excitement earlier this year when Grand Rapids received a visit from the followers of Family Radio Worldwide, a California-based Christian group led by 89-year-old Harold Camping, who were traveling the country to loudly and colorfully proclaim Judgment Day's imminence. It didn't happen. OR DID IT!? The conspicuous lack of a world-ending earthquake left Camping and his followers scrambling to explain why...
  • STOCKS STAGE ANOTHER MASSIVE GLOBAL RALLY: Here's What You Need To Know

    10/05/2011 1:29:03 PM PDT · by blam · 21 replies
    TBI ^ | 10-5-2011 | Sam Ro
    STOCKS STAGE ANOTHER MASSIVE GLOBAL RALLY: Here's What You Need To Know Sam Ro Oct. 5, 2011, 4:00 PM Talks of European bank recap and huge tech takeovers spurred another monster rally in the stock markets. First, the scoreboard: Dow: +131, up 1.2% S&P 500: +20, up 1.8% NASDAQ: +56, up 2.3% And now, the top stories: * Investors think Europe is moving in the right direction in fixing its debt crisis. Yesterday's global rally, sparked by talks of European Bank recapitalization, was reinforced earlier today when German Chancellor Angela Merkel said her country is "prepared to move to bank...
  • STOCKS MAKE GIGANTIC COMEBACK: Here's What You Need To Know DJIA +150)

    10/04/2011 1:19:29 PM PDT · by blam · 35 replies
    TBI ^ | 10-4-2011 | Sam Ro
    STOCKS MAKE GIGANTIC COMEBACK: Here's What You Need To Know Sam Ro Oct. 4, 2011, 3:59 PM Huge last minute news out of Europe sent stocks soaring out of bear market territory. First, the scoreboard: Dow: +150 S&P 500: +24 NASDAQ: +69 And now, the top stories: * Greece and the Eurozone continued to hang over investors' heads, causing European stock markets to close lower, and US stocks to trade lower for most of the day. * Also, all eyes are on how Europe will handle the potential collapse of Belgium bank Dexia, which tumbled 22% today. More on how...
  • THINGS ARE GETTING WORSE: European Selloff Gathers Steam, Futures Diving More

    10/04/2011 5:30:52 AM PDT · by blam · 8 replies
    TBI ^ | 10-4-2011 | Joe Weisenthal
    THINGS ARE GETTING WORSE: European Selloff Gathers Steam, Futures Diving More Joe Weisenthal Oct. 4, 2011, 7:47 AM After an initial bout of selling, things are getting even worse. News that authorities in France and Belgium will protect the depositors of the troubled Belgian bank Dexia is having no positive effect, as the DAX slides to its lowest level of the morning, down closer to 4%. France is off 3%. The UK's FTSE 100 is off 3.2%. US futures are also down solidly, with another big 140+ open currently anticipated by the futures market. There's a lot that investors have...
  • World stocks dive to 15-month low (Europe & Asia get hammered AGAIN)

    10/04/2011 4:26:33 AM PDT · by AAABEST · 8 replies
    Financial Post ^ | October 4, 2011 | Natsuko Waki
    LONDON — World stocks hit a fresh 15-month low on Tuesday and the dollar rose to a nine-month peak as fears over a major banking crisis in Europe mounted along with expectations Greece could soon default, accelerating a global economic slowdown. Sovereign debt insurance costs for the region’s economic powerhouse Germany hit a record high after eurozone finance ministers said they were reviewing the scale of private sector involvement in a second bailout package for Greece, a move that threatens to hasten a default.
  • The Perfect Stock For A Dangerous World

    10/03/2011 8:45:57 PM PDT · by blam · 9 replies
    The Daily Reckoning ^ | 10-3-2011 | Chris Mayer
    The Perfect Stock For A Dangerous World By Chris Mayer 10/03/11 Gaithersburg, Maryland – I was in Manhattan a few days before the 10th anniversary of Sept. 11. There were reminders of the upcoming anniversary all over the city. The date inspired a lot of reflecting on how America has changed since that horrible day. When I arrived in New York City, I didn’t intend to find an investment theme that grew directly out of the events of Sept. 11. I stumbled on it, by accident, at the Gabelli 17th Annual Aircraft Supplier Conference. My beat is financial markets. So...
  • Most Asian Markets Are In The Red As The Global Selloff Continues

    10/03/2011 7:48:31 PM PDT · by blam · 11 replies
    TBI ^ | 10-3-2011 | AP
    <p>BANGKOK (AP) — Asian stock markets extended a sell-off Tuesday, following a dismal session on Wall Street that was sparked by the revelation that debt-strapped Greece would not be able to reach a target for reducing its budget deficit.</p> <p>Japan's Nikkei 225 index fell 1.5 percent to 8,415.05 in early trading. South Korea's Kospi index plunged 4.4 percent, while Australia's S&P ASX 200 index fell 0.4 percent to 3,880.10. Benchmarks in Singapore, Taiwan and New Zealand were also lower.</p>
  • STOCKS SINK, BANKS KILLED, AMERICAN AIRLINES PLUNGES: Here's What You Need To Know

    10/03/2011 2:10:02 PM PDT · by blam · 20 replies
    TBI ^ | 10-3-2011 | Sam Ro
    STOCKS SINK, BANKS KILLED, AMERICAN AIRLINES PLUNGES: Here's What You Need To KnowSam Ro Oct. 3, 2011, 3:59 PM The Q3 selloff spilled into Q4. First, the scoreboard: Dow: -258 pts, -2.4% NASDAQ: -80 pts, -3.3% S&P 500: -32, -2.9% And now, the top stories: * The biggest news over the weekend was probably the most unsurprising news. Greece announced that they would miss their 2011 and 2012 budget deficit targets. Although, many speculated this would happen, it definitely wasn't a positive development as the beleaguered country struggles to convince its neighbors to lend it more money. * Investors also...
  • THE MARKET IS GETTING WORSE: NASDAQ Off 3%, Dow off 240, Banks Getting Killed

    10/03/2011 12:03:04 PM PDT · by blam · 36 replies
    TBI ^ | 10-3-2011 | Joe Weisenthal
    THE MARKET IS GETTING WORSE: NASDAQ Off 3%, Dow off 240, Banks Getting Killed Joe Weisenthal Oct. 3, 2011, 2:48 PM UPDATE AT 2:50: With a little more than an hour to go, markets are getting killed even more. The Dow is off about 240. The NASDAQ is down 3^, and the S&P 500 is down 2.6%. All day has been a continuation and acceleration of the concerns that really got rolling in September, especially on the bank front. Morgan Stanley is down nearly 7%. At rival Goldman Sachs, CDS have hit their highest level since October 2008. Bank of...
  • HONG KONG STOCKS PLUNGE

    10/02/2011 8:34:31 PM PDT · by mick · 52 replies
    Market Watch ^ | 10/2.2011 | Staff
    Hang Seng Index leads Asia fall, diving more than 4%. Hong Kong stocks tank as financials plunge on reports that Greek budget misses austerity targets. • Japan stocks dive, with exporters tumbling • Australian stocks fall sharply on Europe jitters
  • STOCKS TANK TO END Q3, MORGAN STANLEY CRUSHED: Here's What You Need To Know (Fat Lady Sings)

    09/30/2011 1:33:28 PM PDT · by blam · 28 replies
    TBI ^ | 9-30-2011 | Sam Ro
    STOCKS TANK TO END Q3, MORGAN STANLEY CRUSHED: Here's What You Need To Know Sam Ro Sep. 30, 2011, 4:00 PM Stocks ended the day, month, and quarter in the red. But first, here's the scoreboard: Dow: -241 S&P 500: -29 Nasdaq: -65 And now the top stories: * Futures were already pointing lower before the open, so investors weren't expecting much. Some have suggested quarter-end window dressing was at play. But there were clearly bigger issues affecting the markets. * Personal income and spending data was mixed. Economists expected income to grow 0.1%, but it actually fell 0.1%. Even...
  • PRE-MARKET SELLOFF GETTING WORSE: Germany Getting Crushed, Dow Futures Off Over 100

    09/30/2011 4:07:24 AM PDT · by blam · 15 replies
    TBI ^ | 9-30-2011 | Joe Weisenthal
    PRE-MARKET SELLOFF GETTING WORSE: Germany Getting Crushed, Dow Futures Off Over 100 Joe Weisenthal Sep. 30, 2011, 5:57 AM Yesterday saw a huge initial surge, a big mid-day collapse, and then a big turnaround. And now markets are sliding again. US futures are pointing down about 0.5%. European markets aren't moving particularly dramatically, but are down. Commodities are actually up a little, with copper having stopped Wednesday's bleeding. Today should be particularly interesting. It's the last day of the quarter, and since it was so violent there could be a lot of last-minute moves/window-dressing, etc. as managers look to pretty...
  • European Shares Extend Losses On Slowdown

    09/30/2011 3:56:14 AM PDT · by blam · 3 replies
    Yahoo News ^ | Harro ten Wolde
    European Shares Extend Losses On Slowdown FearsHarro ten WoldeSeptember 30,2011 FRANKFURT (Reuters) - European shares extended losses on Friday as investor fears for a global economic slowdown mounted. At 0958 GMT, the FTSEurofirst 300 index of leading European shares was down 1.8 percent at 916.75 points after hitting a day-low of 915.91 points. Traders said china's manufacturing sector, contracting for a third consecutive month in September as well as euro zone inflation numbers renewed fears for a global economic slowdown. Euro zone annual consumer prices unexpectedly rose in September to 3.0 percent, which could exclude an interest rate cut by...