IDS World Markets Tues 19th January 10

[aussiebear]

 

 

Cup found at maternity clinic in Nagoya, Japan.

[aussiebear]

 

 

 

 

 

 

 

 

 

http://finance.yahoo.com/intlindices?e=asia

[aussiebear]

 

 

http://money.cnn.com/markets/morning_call/

 

 

 

 

 

 

 

http://www.kitco.com

 

 

 

http://www.kitconet.com/webcharts/base_metals.html

 

Energy futures

[aussiebear]

 

 

Could be an up day. All Ords +0.2% led by IT +5.2% (a couple of stocks pushing the sector) and lesser gains of +0.7% for Gold and Miners +0.6%. REITS is down the most -0.2% and Financials/Telecomms both -0.1% are the only other red sectors.

[risk_management]

Gold showing strength despite dollar strength last few hours.

Bigger picture...

[DrStool]

Coming to a Head – Professional Edition

January 18, 2010 By Lee Adler The Treasury again sold less debt than forecast and next week’s calendar will also be lighter than forecast. This trend could last through the balance of January, and possibly into the first or second week of February based on the rate at which the Treasury has been depleting its cash. That cash will get a boost from the January 15 tax collections, but the factors which caused the unusual cash buildup probably will not be repeated. At the same time, there’s little evidence that tax revenues are stabilizing. That means that at some point Treasury supply will again build to extremely high levels. 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.

 

Publication Note: The market update will be posted Tuesday morning before the New York open. The Precious Metals report will follow. We apologize for the delay.

[Ags Nightmare]

Holiday's blow......and the past few months they have saved the bulls as the average pundits memory bank holds 60 seconds of data then implodes.....after the short burst of repeated messages stating " this does not compute"....... a pre recorded tape of Dr. Bob Froelich on a the squawk box starts playing in the memory banks from January 2000 prior to him destroying people at Kemper. Now he has the honor of destroying people at Fartford. Dude gets paid 6 or 7 figures to wave pom poms on crapvision......disgusting.....

[aussiebear]

 

 

So much for the up day. All Ords ground down to close -0.9% with Utilities taking the biggest loss, -1.8% followed by REITS -1.7%. IT held its gains, +5.1% and the only other green sector was Gold +0.1%.

 

Fairly slow in Asia: China +0.3%, Honkers -0.4%, India -0.2% and Nikkers -0.9%.

 

 

On to UK/Europe:

 

Footsie

 

 

 

DAX

 

 

 

CAC 40

 

[Drano]

Marketwretch suggests that you shift some of your 401K money to bonds.

 

 

http://money.cnn.com/2010/01/18/pf/growth_...eymag/index.htm

[aussiebear]

Japan Consumer Confidence Slumps to a Six-Month Low

 

Jan. 19 (Bloomberg) -- Japan’s household sentiment fell to a six-month low in December, indicating the need for measures to stimulate consumer spending and sustain a recovery from the country’s worst postwar recession.

 

The confidence index dropped to 37.6 last month from 39.5 in November, the Cabinet Office said today in Tokyo. The government lowered its assessment of the report, describing sentiment as “weak.”

[aussiebear]

Digging out of debt

 

Worse, there are several reasons why today’s mess could be more protracted than previous episodes. First, the scale of indebtedness is higher. The highest debt ratio in the report’s group of belt-tighteners was 286%, in Britain after the second world war. Today more than half the rich countries in the McKinsey sample have debt totalling more than 300% of GDP. Second, the number of countries afflicted simultaneously means that rapid expansions of exports, which have supported output in the past, are harder to achieve. Third, big increases in public debt, while cushioning demand in the short term, increase the overall debt reduction that will eventually be needed. Once private deleveraging is done, the public sector will need to cut back.

 

 

[Drano]

Warren Buffet supposedly is buying more Posco shares. What's their symbol? POS?

 

http://www.businessinsider.com/posco-2010-1

[Rationalize]

ES shupport 1130 vs 1138 remsistance.

Awwsome.

[Rationalize]

Dong gold for 1130 bounce?

[psyche doctor]

Lower prices might be in store for the British Pound: