51 replies to this topic
Posted 23 February 2012 - 09:37 PM
Early openers thinking about it: Kiwis -0.3%, Aussies +0.2%, Nikkers +0.3% and Sth Korea +0.5%.
In Aussie sectors, Consumer Discretionary +1.1% is the most favoured with Gold -2.2% at the other end.
Posted 24 February 2012 - 02:07 AM
All Ords crawled up for a gain of +0.5% with Consumer Discretionary +1.7% remaining leader. Most sectors saw minimal gains and Gold -2.2% lost the most.
Over in Asia, China +0.9%, Honkers +0.1%, India -0.8% and Nikkers +0.3%.
On to UK/Europe:
Posted 24 February 2012 - 07:02 AM
Obama cracks down on hipster yakuza gangster
"The U.S. government feels that the Japanese government is very tolerant toward organized crime"
The Japanese can say the same about Golden sacks et al.
Posted 24 February 2012 - 07:14 AM
New home sales and the stock market:
"evidence from simple tests indicates that change in new home sales has little use as an indicator of future stock market returns. The most promising indication is that very weak new home sales indicate a weak stock market over the next couple of months."
Posted 24 February 2012 - 08:11 AM
Germany one of the few EU countries that has a trade surplus and was growing its economy instead of contracting is running a 1% budget deficit
"the government deficit ratio was –1.0% in 2011 when measured as a percentage of gross domestic product "
link to german statistics bureau PR
Europe is facing its second recession in two years and the only economy that could pull the other countries out of recession is battening down the hatches reducing internal consumption and the public deficit to absurd levels.
Instead of using the real economy to turn things around the EU, like the US, is resorting to flooding the market with liquidity.
Posted 24 February 2012 - 09:57 AM
While I don't do much in the oil patch, other than watch Matt Simmons' bloated corpse float down the river Peak Oil
I do follow these two little monkeys, and from time-to-time trade them
RIG may be a buy here or on a pullback....BP looks to be entertaining a more longer term (multi year) move to the + side
Thoughts from folks that actually know how to read charts, always welcome
Posted 24 February 2012 - 10:24 AM
Best places to buy gas on the East Coast- Florence SC, Chester VA, and South Jersey, where you don't even have to pump your own.
The best place to buy gas in Canada is...
wait for it...
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Posted 24 February 2012 - 10:31 AM
Best place I've seen it is the Detroit side of the Detroit/Windsor bridge. They even advertise it in litres.
Insanity: doing the same thing over and over again and expecting different results. Albert Einstein
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. Abraham Lincoln
Those who cannot remember the past are condemned to repeat it George Santayana
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