aussiebear Posted December 22, 2011 Report Posted December 22, 2011 Early openers drifting aimlessly: Kiwis -0.4%, Aussies -0.8%, Nikkers -0.3% and Sth Korea -0.4%. In Aussie sectors, Gold -1.9% is downside leader with Telecomms the only green sector, +0.1%.
aussiebear Posted December 22, 2011 Author Report Posted December 22, 2011 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted December 22, 2011 Author Report Posted December 22, 2011 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted December 22, 2011 Author Report Posted December 22, 2011 Menu found in Beijing, China.
aussiebear Posted December 22, 2011 Author Report Posted December 22, 2011 A slow day with All Ords closing -1.1% and Gold -3.4% leading the downers followed by Utilities -2.1% and REITS -2%. Mildly down for Asia: China and Nikkers -0.8%, India and Honkers -0.6%. On to UK/Europe:
MrHanky Posted December 22, 2011 Report Posted December 22, 2011 I submit my vote for "IPO of the year".... $10.00 to .54 cents since May.
Jetlag Posted December 22, 2011 Report Posted December 22, 2011 I submit my vote for "IPO of the year".... $10.00 to .54 cents since May. It's amazing how the dot gone bubble still emits echoes at this distance. Farcebook next?
Lemur Posted December 22, 2011 Report Posted December 22, 2011 Looks like today might be a waste of time. Maybe I should go and do some ....
Jetlag Posted December 22, 2011 Report Posted December 22, 2011 Dull day? Funnymentals time! http://www.bespokeinvest.com/thinkbig/2011/12/20/sp-500-and-sector-pe-ratio-charts.html "As shown, the S&P 500's P/E is currently at 13.05, which is close to the lows for the year. The index is basically flat for the year (the P in P/E), while its P/E has dropped from 15 down to 13.05. This means earnings (the E in P/E) have gotten stronger." "The Energy sector currenly has the lowest P/E at 10.46. Would you rather own the Energy sector with a 10.46 P/E or the Financial sector at 10.66?" "the Technology sector's P/E is currently just 0.03 points higher than the P/E for Utilities (13.68)" Shtaples (XLP) new all time life time highs All big players in ultra defensive positions.
aussiebear Posted December 22, 2011 Author Report Posted December 22, 2011 Looks like today might be a waste of time. Maybe I should go and do some ....
DrStool Posted December 22, 2011 Report Posted December 22, 2011 I submit my vote for "IPO of the year".... $10.00 to .54 cents since May. Apparently, sex doesn't sell any more. Well, it does for the insiders.
DrStool Posted December 22, 2011 Report Posted December 22, 2011 Dull day? Funnymentals time! http://www.bespokein...tio-charts.html "As shown, the S&P 500's P/E is currently at 13.05, which is close to the lows for the year. The index is basically flat for the year (the P in P/E), while its P/E has dropped from 15 down to 13.05. This means earnings (the E in P/E) have gotten stronger." "The Energy sector currenly has the lowest P/E at 10.46. Would you rather own the Energy sector with a 10.46 P/E or the Financial sector at 10.66?" "the Technology sector's P/E is currently just 0.03 points higher than the P/E for Utilities (13.68)" Shtaples (XLP) new all time life time highs All big players in ultra defensive positions. What those PE ratios tell you is that the 10 Year Treasury yield should be 8-9%.
DrStool Posted December 22, 2011 Report Posted December 22, 2011 Other than that, did anything happen while I was away.
Jetlag Posted December 22, 2011 Report Posted December 22, 2011 I thought the good Doc was away til Christmas so I pulled some P/E charts and even pondered the use of the term "the market is discounting a recession in 2012". Blasphemy!
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