DrStool Posted August 3, 2009 Report Posted August 3, 2009 Will spx 1000 area be a ceiling, or a stepping stone to higher and higher?
phatbubble Posted August 3, 2009 Report Posted August 3, 2009 All hail the next Icarus......shortly to ascend to flation glory......or, to burst into flames at its daily tunnel.
DrStool Posted August 3, 2009 Author Report Posted August 3, 2009 Listening to this guy on Bloomberg talk about how great GMs sales were reminds me of a funeral director telling about how great death is.
DrStool Posted August 3, 2009 Author Report Posted August 3, 2009 The “What Could Go Wrong?” Market – Professional Edition by Lee Adler, Monday, August 3, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit 6 month cycle indications continued to strengthen on Monday as short term cycles re-accelerated. A number of ETF charts have reached or are threatening key long term moving averages indicative of the state of the 4 year cycle. A minority have already broken above those levels. Now it’s a question of whether most of the remainder follow. 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.
briarberrys Posted August 3, 2009 Report Posted August 3, 2009 Standard and Poors, earnings reports got worse last week... 23/07/2009 - 197 issues (52.75% mkt val) reported... Actual operating reported (same companies) 29.6% lower than Q2,08; As Reported off 4.52%: Sales off 9.7% 31/07/2009 - 337 issues (75.14% mkt val) reported... Actual weighted operating reported (same companies) 36.8% lower than Q2,08; As Reported off 23.7%: Sales off 15.6% Operating: Income from product (goods and services), excludes corporate (M&A, financing, layoffs ), and unusual items As Reported: Income from continuing operations, also known GAAP (Generally Accepted Accounting Principles) and As Reported http://www2.standardandpoors.com
Sudaca Posted August 3, 2009 Report Posted August 3, 2009 EM sovereign bonds were on fire today. Most bonds ended UP multiple points even as treasuries sold OFF, resulting in massive spread tightening for the asset class. Most aggresive buying I have seen in a long time. This is one sector that will have to behave differently before a sustainable break in equities can occur.
quanta Posted August 4, 2009 Report Posted August 4, 2009 Krugman Fears Long-Lasting Damage From Recession On NPR Talk of the Nation Today - Audio at the link Some headlines suggest that the recession is over. But economist Paul Krugman says the damage from the U.S. recession may persist. Krugman talks about what might end this recession, the Wall Street paydays, and his ideas on how to fix, and pay for, healthcare. He's very middle of the road at this point. Didn't show all the cards. There were some interesting callers on the show. Most were totally clueless, even for NPR...
Jorma Posted August 4, 2009 Report Posted August 4, 2009 Will spx 1000 area be a ceiling, or a stepping stone to higher and higher? Yes
Jorma Posted August 4, 2009 Report Posted August 4, 2009 If tomorrow is like today let me suggest Deja Poo.
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