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IDS World Markets Tues 15th September 09


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gasoline & energy prices seem to of had a large effect on economic stats released today

 

 

Retail sales, excluding motor vehicles and gasoline, retail sales posted a 0.6 percent advance.... whereas headlines read +2.7%

 

PPI. The jump in the latest month was led by an 8.0 percent surge in energy costs with food price inflation was also strong with a 0.4 percent boost.

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As predicted last week and as noted on M2M....this filthy animal was kicked to the curb

 

Nah, nah, nah, nah...

 

Nah, nah, nah, nah...

 

Hey, hey.....goodbye !!!

_____________

 

Wells Fargo said late Monday that it concluded its internal investigation with the dismissal of Cheronda Guyton, senior vice president of Wells Fargo Bank and head of commercial ORE, or owned real estate. Ms. Guyton didn't respond to an email message.

 

wsj.com

_________________

 

PS - Hey Wells Fartgo, what's up with the ORE....instead of the REO everyone elses uses? You guys are a-holes!

PPS - Looks like we won't be seeing Cheronda on MTV Cribs anytime soon either

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Dropping like houseflies:

 

Sept. 10 (Bloomberg) -- Foreclosure filings in the U.S. exceeded 300,000 for the sixth straight month

 

That’s up 18 percent from a year earlier,

 

“As long as 15 million Americans are unemployed, record foreclosures will continue.”

 

About 4.3 percent of U.S. homes, or one in 25 properties, were in foreclosure in the second quarter… That’s the most in three decades of data, and loans overdue by at least 90 days, the point at which foreclosure proceedings typically begin, rose to 7.97 percent, the highest on record.

 

http://www.TentCityUSA

 

 

post-4028-1253021185.jpg

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Handy piece of software I use called Trendcatcher - paints stops that some bots and others might use.

 

You can see how those stops were hit on the news noise today. Having a good idea where the stops are painted helps keep me out of trouble at times.

post-4436-1253021091_thumb.png

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Precious Metals Update 9/15/09 – Professional Edition

by Lee Adler, Tuesday, September 15, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing trades. Indispensable daily information for gold and precious metals stocks traders. Click here to download complete report in pdf format (Professional Edition Subscribers).Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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