Jump to content

IDS World Markets Mon 16th November 09


Recommended Posts

  • Replies 224
  • Created
  • Last Reply

Latest Story

Decision Time- Professional Edition

November 15, 2009 By Lee Adler Cycle based stock screening data had a bit of a tilt to the sell side on Friday. 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.

Link to comment
Share on other sites

Good Morning!

 

Welcome to Intraday Stool! Thanks to aussiebear for her daily opening!

 

You can join the discussion by registering (PG rated user names only, please) and posting here as well.

 

Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. Due to a deluge of spam registrations, I review all registrations so it may take a day or so for your registration to be approved.

 

If you have questions about how to register and post, use the Help link in the menu bar at the top of the page.

 

If you know others who might be interested in joining us, use the email to a friend link above the thread.

 

Many tanks for joining us!

 

Doc

 

 

Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information.

 

Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $49 quarterly. Try it risk free for 30 days!

 

Get this indispensable daily analysis and support the Stool!

 

rfwsad.gif

Link to comment
Share on other sites

3 months ago, i was reading some of these trader blogs out there and everyone wants to short at S&PEE 1100 & Dow 10334. Well, it's here and now folks want Dow 10,500 and S&PEE 1140. I'm sure if it does get there, every bear will want 11,000 and 1,200 on spooz. You see? The problem with most bears is, they don't believe their own bullshit.

 

It's a pretty clear cut trade right here with max 5 point lost potential but yet bears are scared shitless. If the 50% retrace level for the Dow isn't a place to try, these bear blogs out there should just close shop.

Link to comment
Share on other sites

w?s=^AORD

 

 

It was a strenuous effort but All Ords managed to close a few points higher than last week's closing high. The index finished +1.1% with Gold and Materials sharing top position, +3.1% and Miners next, +3%. Energy also did well, +2.1%. At the other end Financials had a bad case of the wilts, -0.7% and IT came in -0.1%.

 

All green in Asia: China +2.4%, Honkers +1.5%, India +1.1% and Nikkers +0.1%.

 

 

On to UK/Europe:

 

Footsie

 

image;size=239x110

 

 

DAX

 

image;size=239x110

 

 

CAC 40

 

image;size=239x110

Link to comment
Share on other sites

New Zealand’s 3rd-Quarter Producer Input Prices Fall

 

Nov. 16 (Bloomberg) -- Prices paid by New Zealand farms, factories and other producers for commodities and services needed to run their businesses fell in the third quarter, led by lower milk and power prices.

 

Producer input prices declined 1.1 percent from the second quarter when they were unchanged, Statistics New Zealand said in Wellington today. From a year earlier, input prices dropped a record 5.8 percent.

 

Prices paid by dairy companies for milk fell 21 percent, the largest decline in seven years, today’s report showed. Payments for milk are recorded only once a year, in the third quarter, the statistics agency said.

 

Prices paid by power companies dropped 8.2 percent because of higher inflows to hydro storage lakes and cheaper natural gas, the agency said. Steel prices fell, reflecting the stronger New Zealand dollar which made imports cheaper, it said.

 

The annual decline in input prices was led by a 32 percent slump in electricity costs and cheaper crude oil.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...