aussiebear Posted May 16, 2012 Report Posted May 16, 2012 Stocks being tossed overboard by the early openers: Kiwis -0.3%, Aussies -1.2%, Nikkers -0.5% and Sth Korea -1%. In Aussie sectors, once again it's the resources deep in the red: Gold -2.7%, Miners -2.6% and Materials -2.4%.
aussiebear Posted May 16, 2012 Author Report Posted May 16, 2012 http://finance.yahoo.com/intlindices?e=asia
aussiebear Posted May 16, 2012 Author Report Posted May 16, 2012 http://money.cnn.com...s/morning_call/ http://www.kitco.com http://www.kitconet....ase_metals.html http://finance.yahoo.com/
aussiebear Posted May 16, 2012 Author Report Posted May 16, 2012 Okay, you’ve seen the blade of grass, now move along… Found at Ming Tombs near Beijing, China.
capitall Posted May 16, 2012 Report Posted May 16, 2012 Thanks for the luxuriant grassland photo, Aussie, LOL. Here's something else that made me chuckle. I just noticed the weirdest company that a strange web site recommended. GLDN. It trades about $2000 worth of stock per day and its price is getting near to almost 2 cents per share. Here's its description. A solid investment no doubt, LOL. "Gold Dynamics Corp. is a development-stage company. The Company is engaged in the exploration of mining opportunities. The Company was previously engaged in the production of vitamin-infused alcoholic beverages. During the fiscal year ended July 31, 2010, the Company did not generate any revenues."
Jetlag Posted May 16, 2012 Report Posted May 16, 2012 New record highs for the year http://www.bloomberg.com/quote/GSPG10YR:IND Spanish 10 year yield... Generally above 7% they have to get a bailout, covert (like Italie) or plain outright like grease, IREland and poortugal.
aussiebear Posted May 16, 2012 Author Report Posted May 16, 2012 A big fall for All Ords which finished -2.4%. Apart from Utilities +0.2% every sector fell heavily with Gold -4.6%, Miners -4.2% and Materials -3.9% being worst off. A bounce might be due here... Over in Asia, China -1.2%, Honkers -3.2%, India -1.8%, Nikkers -1.1% and Sth Korea -3.1%. On to UK/Europe:
Jetlag Posted May 16, 2012 Report Posted May 16, 2012 Let's see what bully got closer to EOM. Have I posted this chart before?
Jetlag Posted May 16, 2012 Report Posted May 16, 2012 We all know real estate is underwater in the oil rich middle-east... but literally? "Underwater Hotel to Be Dubai's Latest Extravagance" http://www.businessweek.com/articles/2012-05-14/underwater-hotel-to-be-dubais-latest-extravagance
Jetlag Posted May 16, 2012 Report Posted May 16, 2012 At the request of widow and orphan funds and other IPO bagholders fecebook will squeeze out some more stock: "Facebook Said to Raise Size of IPO to 421 Million Shares" http://www.bloomberg.com/news/2012-05-16/facebook-said-to-raise-size-of-ipo-to-421-million-shares.html
Trader Joe Posted May 16, 2012 Report Posted May 16, 2012 They are going to throw EVERYTHING at the tape for the remainder of the week to get some green prints and to get FaceCrock launched Let's see how it goes... If they don't print Wed or Thur and Fri green, I will be shocked
Trader Joe Posted May 16, 2012 Report Posted May 16, 2012 Once again... ...the rip is being sold Incredible weakness under the surface As for oil and gold.....OOOOO-FAAAAA
DrStool Posted May 16, 2012 Report Posted May 16, 2012 Wall Street Examiner Exclusives California and “Solving Problems”0 Comments Real Deal on Retail- Even Worse Than They Said0 Comments Not Truth or Justice, but the New American Way0 Comments Market's Liquidity Indicators Begin To Tilt Bearish - With Free Excerpt0 Comments Russ Winter Returns To Precious Metals - Pan American Silver0 Comments RSS Feed Read 'em and weep Latest Headlines Gold Reaches December Low, Due For Bounce S&P 500 Futures Rise Before Economic Data as Stocks Erase Drop – San Francisco Chronicle US builders started construction on more homes in April, as confidence in … – Washington Post JPMorgan’s big loss: Was it hedging or betting? – Philadelphia Inquirer China Real Estate Unravels « Patrick Chovanec As One Trader at JPMorgan Sold Risky Contracts, Another One Bought Them – NYTimes.com Accidentally Released – and Incredibly Embarrassing – Documents Show How Goldman et al Engaged in ‘Naked Short Selling’ | Matt Taibbi | Rolling Stone Target Earnings Top Estimates, Raises Forecast – CNBC.com Target Earnings Top Estimates, Raises Forecast – CNBC.com This Decline Isn’t a Selling Panic, It’s a Buying Strike Volcker on Dimon, from Before The Big Loss – Video- | Moyers Moments | BillMoyers.com Facebook to sell 25% more shares – CNN Deere Raises Full-Year Forecast as Net Tops anal cysts’ Estimates – Bloomberg Crude Oil Inventories Report Today Greece Set for Re-Election. Gold Drops – Full Story Spain Defends Austerity, Slams Critics, As Yields Surge – Wall Street Journal Stay-at-home mom fights new credit card rule – CNNMoney New terminal to boost Atlanta’s economy and cachet – Atlanta Journal Constitution Five with Fitz: What I See When I Look Over the Horizon Tokyo Shares Extend Losses On Greece, Global Growth Concerns – Wall Street Journal
zero_value Posted May 16, 2012 Report Posted May 16, 2012 Once again... ...the rip is being sold Incredible weakness under the surface As for oil and gold.....OOOOO-FAAAAA Added an NQM12 short here @2593
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