Jump to content


Photo
- - - - -

IDS World Markets Mon 2nd March 09


This topic has been archived. This means that you cannot reply to this topic.
369 replies to this topic

#1 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,345 posts

Posted 01 March 2009 - 08:01 PM

Posted Image

Posted Image

Posted Image

Posted Image

Posted Image

Posted Image

Posted Image

Posted Image

Posted Image

http://finance.yahoo.com/intlindices

#2 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,345 posts

Posted 01 March 2009 - 08:04 PM

Posted Image

Posted Image

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


Posted Image


Posted Image


Posted Image

http://www.kitco.com


Posted Image

http://www.kitconet....ase_metals.html

Energy futures

#3 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,345 posts

Posted 01 March 2009 - 08:08 PM

Posted Image

Whoa, straight through last-chance support at this stage. All Ords -2.4% with only Gold, +4.8% and Consumer Staples, +0.2% being green. Of the reds, REITS is down the most, -4.1%, Financials -3.7% and Utilities -3.2%.

#4 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,345 posts

Posted 01 March 2009 - 10:49 PM

Australiaís February Manufacturing Index Slumps to Record Low

March 2 (Bloomberg) -- Australian manufacturing contracted at a record pace last month as companies received fewer orders, fired workers and cut production.

The performance of manufacturing index fell 4.9 points to 31.7, the lowest level since the series began in 1992, the Australian Industry Group and PricewaterhouseCoopers said in a report released in Canberra today. A reading below 50 signals manufacturing is shrinking.

#5 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,345 posts

Posted 01 March 2009 - 10:52 PM

Japanís Wage Declines Accelerated in January as Slump Deepened

March 2 (Bloomberg) -- Japanís wage declines accelerated in January as companies pared production amid a deepening slump in global demand.

Monthly wages, including overtime and bonuses, fell 1.3 percent from a year earlier to 278,476 yen ($2,864), after declining 0.8 percent in December, the Labor Ministry said in Tokyo today. Overtime hours for manufacturers, which correlate with output, fell 40 percent, the most ever.

#6 ChicagoBear

ChicagoBear

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,829 posts

Posted 02 March 2009 - 12:39 AM

Hi Aussie,

I saw you were at 3195 recently.
Are you breaking november lows?
It looks like your watching a pivotal day.

Attached Thumbnails

  • AORD___3_1_09.JPG

If we don't change our direction, we're likely to end up where we are headed.
It wasn't raining when Noah built the Ark.
"and the vicious cycle will feed on itself in an orgy of cannibalistic self destruction until even the skeletal remains of the system are ground into powder." - Doc, 3/2/09

#7 ChicagoBear

ChicagoBear

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,829 posts

Posted 02 March 2009 - 01:14 AM

March 1 (Bloomberg) -- American International Group Inc., the insurer deemed too important to fail, may get as much as $30 billion in new capital and have debts to the U.S. forgiven in the firmís third bailout, people familiar with the matter said.

http://www.bloomberg...6...&refer=home

Wow - I thought they were on their 4th bailout. I guess its not that bad.
If we don't change our direction, we're likely to end up where we are headed.
It wasn't raining when Noah built the Ark.
"and the vicious cycle will feed on itself in an orgy of cannibalistic self destruction until even the skeletal remains of the system are ground into powder." - Doc, 3/2/09

#8 capitall

capitall

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,315 posts

Posted 02 March 2009 - 01:28 AM

a site with market jokes

http://oneguysinvest...scussionID=1890

Examples:

The US has made a new weapon that destroys people but keeps the building standing.
Its called the stock market.

What's the difference between a pigeon and an investment banker.
The pigeon can still make a deposit on a BMW.

What's the difference between a guy who lost everything in Las Vegas and an investment banker? A tie!

I want to warn people from Nigeria, if you get any emails from Washington asking for money...
It's a scam. Don't fall for it.

#9 alceringa

alceringa

    Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPip
  • 5,125 posts

Posted 02 March 2009 - 02:17 AM

Weekly AllOrds in terms of $USD

Chart


Weekly Euro 100 Stocks Index in terms of $USD

Chart


Weekly DJ World Stock Index in terms of $USD

Chart



Notice where the MACD is for all of the charts.
UP phase is just starting to roll over.
LOB!
"Americans can always be counted on to do the right thing...after they have exhausted all other possibilities."
Churchill

"You can fool some of the people all of the time."
Lincoln

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
Jefferson

#10 swordfish

swordfish

    Associate Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPip
  • 4,467 posts

Posted 02 March 2009 - 03:41 AM

ES.F (S&P 500 futures) 720.50

WOW

EURUSD now 1.2584. If they break that more - BINGO, welcome to hell:)
Jail, not bail!

#11 alceringa

alceringa

    Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPip
  • 5,125 posts

Posted 02 March 2009 - 04:01 AM

HSBC shareholders to take 50% haircut.

And HSBC was actually PROFITABLE in 2008.

No wonder banksters everywhere are running and hiding from "mark to market" accounting rules.

The $17.7 billion rights issue announced by UK-based global bank HSBC Holdings (HSBA.L)(0005.HK) on Monday is priced for Hong Kong shareholders at HK$28 a share, a discount of 50.8 percent to the stock's HK$56.95 Friday closing price.
"Americans can always be counted on to do the right thing...after they have exhausted all other possibilities."
Churchill

"You can fool some of the people all of the time."
Lincoln

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
Jefferson

#12 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,345 posts

Posted 02 March 2009 - 04:16 AM

Posted Image


Hmmm, a five year low today which could be the start of a whole new phase of bearishness. All Ords did the drop to close -2.8% and it looks like a consolidation at the lows in the latter part of the day so could be more to come.

In the sectors, REITS plummeted -5.1% and the Financial sector (X reits) wasn't far behind, -4.4%. The remainder of the losing sectors closed down 1-2%. There were a few greens: Gold did very well, +6.7%, Consumer Staples +0.3% and IT +0.2%.

The big miners took a hit: BHP -3.1% and RIO -6.4%. The mining sector was saved by the golds: Newcrest +8.1%, Newmont +5.3% and Lihir +6.4%.

Oils not looking great: Woodside -4.3%, Santos -3% and Caltex -5.9%.

Over in Asia, China was the only bourse to gain, +0.5% with mega losses on the others: Honkers -3.9%, India -2.5%, Nikkers -3.8%, Sth Korea -4.2% and Singers -3.4%. Some of these are still trading so they're not final figures.


Over to UK/Europe:

Footsie

Posted Image

DAX

Posted Image

CAC 40

Posted Image


http://finance.yahoo.com/

#13 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,345 posts

Posted 02 March 2009 - 04:26 AM

Hi Aussie,

I saw you were at 3195 recently.
Are you breaking november lows?
It looks like your watching a pivotal day.


Sorry, CB, wandered away from the computer and missed your post....yep, 5 year closing low today (3204), the most dramatic action we've had for months. Probably the odd dead cat bounce coming up but basically I think we're looking for a new support level... :blink:

#14 shorty

shorty

    Clinical Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPip
  • 8,938 posts

Posted 02 March 2009 - 04:27 AM

HSBC shareholders to take 50% haircut.

is that a lot?

Cynical Pontificator of Crock Stocktology

Tiger's Wood, Anthony's Weiner, Barney's Frank, Herman's Cain, Harry's Reid, Elliot's Spitzer
 


#15 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,345 posts

Posted 02 March 2009 - 04:45 AM

Chinaís Manufacturing Shrinks as Crisis Cuts Demand

March 2 (Bloomberg) -- Chinaís manufacturing shrank for a seventh month in February as the global financial crisis cut exports and growth across Asia.

The CLSA China Purchasing Managersí Index rose to a seasonally adjusted 45.1 from 42.2 in January, CLSA Asia-Pacific Markets said today in an e-mailed statement. A reading below 50 shows a contraction.

Japanís factory output plunged a record 10 percent in January and Hong Kongís exports fell by the most in 50 years. Chinese Premier Wen Jiabao may announce increased welfare payments to boost consumption at this weekís meeting of the National Peopleís Congress in Beijing, adding to a 4 trillion yuan ($585 billion) economic stimulus package.

---------------

India Exports Fell in January by Most in Decade on Weak Demand

March 2 (Bloomberg) -- India's exports plunged the most in a decade in January as the global recession damped demand for the nation's goods.

Merchandise shipments dropped 16 percent to $12.38 billion from a year earlier, the fourth straight monthly fall, the government said in New Delhi today. That was the biggest decline since May 1998, when overseas sales fell 17.22 percent, according to Bloomberg data. Imports declined 18.2 percent to $18.45 billion, narrowing the trade deficit to $6.07 billion.





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart