There is nothing "wrong" with my "claim". Those are actual documented numbers.
There is nothing "wrong" with my "claim". Those are actual documented numbers.
Another positive week! Life gets better!
Stating what's obvious wrote:
Another positive week! Life gets better!
Stating the obvious.....you're picking up pennies in front of a steamroller....
Maserati was sure right about Deutsche Bank. It's almost dead:
Miss that dude.
Obviousist wrote:
Maserati was sure right about Deutsche Bank. It's almost dead:
http://www.bloomberg.com/news/articles/2016-09-15/deutsche-bank-asked-to-pay-14-billion-in-u-s-probe-wsj-saysMiss that dude.
He wasn't right. Maserati did say to keep an eye on DB, but he was adamant that he was not making a prediction. Can't be right or wrong if you don't ante up.
Ghost of Igloi wrote:
Stating what's obvious wrote:Another positive week! Life gets better!
Stating the obvious.....you're picking up pennies in front of a steamroller....
Yes! Easy money!
http://www.imdb.com/title/tt0085470/Stating what's obvious wrote:
Ghost of Igloi wrote:Stating the obvious.....you're picking up pennies in front of a steamroller....
Yes! Easy money!
U.S. stock futures on Monday pointed to a higher market open, joining in global gains that have come as oil futures rally.
S&P 500 futures rose 10 points, or 0.5%, to 2,142.50, while Dow Jones Industrial Average futures advanced by 85 points, or 0.5%, to 18,138. Nasdaq-100 futures tacked on 21.75 points, or 0.5%, to 4,836.
The U.S. oil benchmark traded 1.5% higher, with credit for the jump going in part to news that military conflicts in Libya had affected that country's crude exports.
Another supportive factor was Venezuelan President Nicolas Maduro saying on Sunday that members of the Organization of the Petroleum Exporting Countries and non-OPEC nations were nearing an agreement that would stabilize oil markets.
Asian markets "began the week on a moderately positive tack for equity markets, as the oil price rebounded slightly on reports over the weekend of a potential OPEC deal," said Ian Williams, a Peel Hunt strategist, in a note.
Other OPEC members had damped expectations over the weekend for an agreement to limit crude output.
Commodities-related stocks were among the notable gainers in premarket action, with Marathon Oil Corp.(MRO) rising 1.8%, Newmont Mining Corp.(NEM) up 1.5% and Chesapeake Energy Corp.(CHK) adding 0.7%.
Analysts are also fretting about announcements later this week from the Federal Reserve and the Bank of Japan.
The S&P "held up within a zone of support in the 2100-2135 area last week, but we think this level may be in jeopardy of being broken this week as investors anticipate the Fed meeting," said Katie Stockton, BTIG's chief technical strategist, in a note.
The S&P 500 gained 0.5% last week, finishing 2.3% below its mid-August record close, while the Dow edged up 0.2% for the week, leaving it nearly 3% away from its mid-August peak.
Three months ago...
Ghost of Igloi wrote:
I like Heinz Ketchup and Kraft Velvetta cheese, but the stock trading at 51 times last years earnings no. Wells seems OK, best in class in mortgage business.
Igy
Since then...
KHC +7.1%
WFC -3.4%
Historian,
Buy it with both hands, now trading at 66 times next year's earnings.
Check in six months from now.
Igy
A year ago Carl Icahn went all bearish, putting out a film saying how he thinks stocks were going to fall hard.
Result: Stocks up 8.5% since the movie came out.
He did like one stock - Cheniere - ticker LNG.
Result of that stock?
bloody MINUS 22%.
That's got to hurt.
http://www.cnbc.com/2015/09/30/carl-icahn-i-think-markets-are-overpriced-earnings-are-mistated.html
Add Icahn to Igy's guru list.
Joe,
....and Icahn reduced his holdings in CHK.
Igy
Joe Beets wrote:
Add Icahn to Igy's guru list.
For you Joe:
"So while I believe that the Fed should have normalized rates years ago, that the Fed should be systematically winding down the size of its balance sheet, and that the appropriate Fed Funds rate is well above current levels, I also believe that the economy is deteriorating to a much more significant extent than lagging variables, particularly employment, may suggest. "
--John Hussman, Weekly Commentary 9-19-2016
Wake me up when any of these predictions actually happen.
(If I was actually trying to make my living managing money for others, I don't know if I could stand the, uh, "excitement.")
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Wall Street was set for a higher open on Tuesday, but with stock futures trading in tight ranges as investors remained cautious ahead of two major central-bank decisions.
Futures for the Dow Jones Industrial Average rose 57 points, or 0.3%, to 18,108, while those for the S&P 500 index gained 8.10 points, or 0.4%, to 2,141. Futures for the Nasdaq-100 index advanced 17.50 points, or 0.4%, to 4,811.75.
The gains come after a choppy session on Monday, when stocks closed essentially flat in anticipation of the closely watched Federal Reserve and Bank of Japan monetary-policy decisions on Wednesday.
"It isn't unusual for traders to adopt a more cautious approach ahead of these events, particularly when we have two on the same day, both of which have the potential to create huge amounts of volatility in the markets," said Craig Erlam, senior market analyst at Oanda, in a note.
The Fed kicks off its two-day meeting on Tuesday and will release its rate decision at 2 p.m. Eastern Time on Wednesday. Investors are widely expecting the central bank to stand pat on monetary policy, so attention is instead turning to the BOJ, where policy surprises are seen as more likely.
Japanese policy makers have fought hard in recent years to battle low inflation, slow growth and a strong yen, lowering rates into negative and launching an aggressive asset-purchase program. However, there is an increasing sense the measures are losing their effect and not producing the expected results.
"The BOJ has a particularly difficult job as it appears to be limited in what it can do that will both help it achieve its inflation target, which it is currently far from doing, and appease the markets and prevent the yen appreciating once again, making its job even more difficult," Erlam said.
The BOJ rate decision is due before the U.S. markets open on Wednesday.
Ghost of Igloi wrote:
Joe,
....and Icahn reduced his holdings in CHK.
Igy
Done for tax purposes, so likely not a buy signal. I'm staying out.
Sliggy is not offensive.
Sliggy
a slutty, whoreish, annoying or frusterating girl
Guy: Hey lindsey and her friends are pissing me off.
Guy2: Ya dude they are all sliggys
#sliggy #slut #asswhole #bitch #whore
Oh....