Tuesday, July 17, 2012
Monday, July 16, 2012
RAMBUS "STOCK SPOTLIGHT"
"Rambus is one of the world's premier technology licensing companies. As a company of inventors, Rambus focuses on the development of technologies that enrich the end-user experience of electronic systems. The company reported revenue for the first quarter of 2012 was $62.9 million, down 25% sequentially from the fourth quarter of 2011."
IS AN ADVANCE TO CONFOUND BEARS IMMINENT?
"Short sales on the New York Stock Exchange have climbed above last September's peak, a level that preceded a five-month rally and heralded losses for bears.
Shares borrowed and sold reached 5.35 percent of stock available for trading last month, according to data compiled byNYSE Euronext. (NYX) That eclipses 5.28 percent on Sept. 15, when bearish bets peaked last year and the 25 most-shorted companies in the Standard & Poor's 500 Index (SPX) began a 21 percent advance, data compiled by Bloomberg show. "
http://finance.yahoo.com/news/short-sales-nyse-top-2011-135810129.html
I had left door open for an advance to SPX 1400-1450, at prior 2 tops 2000 and 2007 certainly short sales were not overwhleming, still many thought only blue skies. Short covering if they get pushed and held by weaker hands could cause a smart rally to form. The lower level of support so far has held, low volume......anything is on the table.
D
Shares borrowed and sold reached 5.35 percent of stock available for trading last month, according to data compiled byNYSE Euronext. (NYX) That eclipses 5.28 percent on Sept. 15, when bearish bets peaked last year and the 25 most-shorted companies in the Standard & Poor's 500 Index (SPX) began a 21 percent advance, data compiled by Bloomberg show. "
http://finance.yahoo.com/news/short-sales-nyse-top-2011-135810129.html
I had left door open for an advance to SPX 1400-1450, at prior 2 tops 2000 and 2007 certainly short sales were not overwhleming, still many thought only blue skies. Short covering if they get pushed and held by weaker hands could cause a smart rally to form. The lower level of support so far has held, low volume......anything is on the table.
D
Sunday, July 15, 2012
MORE STIMULUS NEEDED
"Earnings will be out in full swing this week. Investors will also mine for clues of potential Fed stimulus."
Certainly $3 Trillion of stimulus was not enough, well all they need to do is keep interest rates DOWN to 0% like they are and the damn ship will get righted?
In the meantime there is another story to be told, the one where savers, yeah mom and dad retired are getting hosed, banks wont get tons of money flowing in because SAVERS get nothing in return so instead of REAL $'s in the bank they must have digital FED $'s to lend to whom?
The stock market has been openly targeted by the FED, what's the big deal, you just play that angle right? Because they can just keep this game up indefinitely right?
Bleep me, I wish I had answers, no one has answers, it is set up as if only speculators can prosper....IMHO this has affected real investment...where is the incentive?
You can have an account of let's say $250K at a broker (one has advertised this recently) and they will give the leverage to $1 Million. And it is hinted that what you do, is take their GIFT at under 2% int rate, and let's say put in something yielding more and you win win win.....it's a no brainer.
Algorithms run super fast computers and makes 1,000's of trades a day looking for nuances, for pennies and more and control more than 50% of all the volume it's coming from HFT.....what happened to the voting mechanism?
They are trying to create INFLATION because what they are afraid of rightly so is DEFLATION.
Does anyone else think something is wrong when a person CANNOT have a choice for SAFE returns on investment......you are basically FORCED into HIGH RISK instruments by those who probably should be protecting you and the $. NO CHOICE IMHO = TROUBLE AHEAD.....
Does it not happen time and time again...the little guy gets hosed.....this time its a bend over marathon!
D
Certainly $3 Trillion of stimulus was not enough, well all they need to do is keep interest rates DOWN to 0% like they are and the damn ship will get righted?
In the meantime there is another story to be told, the one where savers, yeah mom and dad retired are getting hosed, banks wont get tons of money flowing in because SAVERS get nothing in return so instead of REAL $'s in the bank they must have digital FED $'s to lend to whom?
The stock market has been openly targeted by the FED, what's the big deal, you just play that angle right? Because they can just keep this game up indefinitely right?
Bleep me, I wish I had answers, no one has answers, it is set up as if only speculators can prosper....IMHO this has affected real investment...where is the incentive?
You can have an account of let's say $250K at a broker (one has advertised this recently) and they will give the leverage to $1 Million. And it is hinted that what you do, is take their GIFT at under 2% int rate, and let's say put in something yielding more and you win win win.....it's a no brainer.
Algorithms run super fast computers and makes 1,000's of trades a day looking for nuances, for pennies and more and control more than 50% of all the volume it's coming from HFT.....what happened to the voting mechanism?
They are trying to create INFLATION because what they are afraid of rightly so is DEFLATION.
Does anyone else think something is wrong when a person CANNOT have a choice for SAFE returns on investment......you are basically FORCED into HIGH RISK instruments by those who probably should be protecting you and the $. NO CHOICE IMHO = TROUBLE AHEAD.....
Does it not happen time and time again...the little guy gets hosed.....this time its a bend over marathon!
D
Saturday, July 14, 2012
SAT POST. "WE ARE IN A BEAR MARKET" and ODDS GAME
Go ahead and criticize others who see the REAL TREND, criticize others who might see a different reality than what a mind spoiled from CNBS it pablum where Cramer is king.....if you are CEO of that thread, do the 2 readers that go there a favor resign....go on an extended vacation..rant over.
If calling the last 2 BEAR MKTS is seen as redundant or bad, than I'm bad. I've openly criticized myself for not acting upon my own FEAR INDEX signals and buying in 2009...I never said BEAR MKTS are forever...if I sound like broken record, thank YOU, high praise with a market pattern that has shown NO upside progress in over 10 years. Put that in your latte and smoke it.
Hard to see forest for the trees in the heat of a forest fire, my own personal situation, an leaving a job I held for over 30 years DID influence me at 2009 bottom, so the very tools I had CONSTRUCTED failed to get me off the sidelines....BURN me at stake for erring on the side of caution when I had made my mind up I couldn't afford to be wrong, or lose what I had accumulated.
FAMOUS line from RR "in bear markets everybody loses, the one's who lose the least win".
GOLD was screaming buy during last 2 phases of the great BEAR, VALUE line continued to rise thru 20003....interest sensitive issue caught fire with record FED intervention at the 2003 bottom....and so did BONDS.
EXPERTS calling for $1,600 AAPL stock, and hardly an analyst callling for ANY CAUTION HERE, and one saying "worst mistake you could make is NOT being in stock market"
What I see is an economy STUCK in neutral, without gov't and FED subsudies would look entirely different and all CB'S fighting the credit crash with all they got, even as the situation worsens and there are visable DIMINISHING RETURNS...but they forge on!
If you got this far, here is http://prudentbear.com/index.php/creditbubblebulletinview?art_id=10685 this weeks Credit Bubble report, another guy who is a broken record....that I love to read.
"Global central bankers have ensured that way too much money now chases limited global risk asset market returns (contemporary prevailing inflation). With global short-term rates pushed near zero, hundreds of billions have flooded into more speculative instruments and ventures, certainly including the global hedge fund community. "
You see, since 2000 the FED and gov't have been fighting tooth andnail the BURST CREDIT BUBBLE.......and so we remain STUCK in the up and down world....as THEY try to keep going to very thing that got us here, but problem is not as many running to trough to drink the elixr.....and their actions have PROLONGED the transition and exorcising the imblanaces THEY created.
Housing limps along, lending limps along, the STOCK MARKET had been TARGETED by the FED, and it shows it is last resort to make people FEELbetter so they spend MORE, but most recent CONSUMER SENTIMENT POLLS shows a weak 72 reading more consistant with RECESSION or worse, instead of more historic rises during recovery to 100-120 reading....who else sees this?
A 0% interest rate policy in the meanwhile has KILLED savers and again thrown the system upside down and it does not resemble anything like normal.....NO all this is to coerce YOU into the market, so assholes like Zuckerberg can cash out and become Billionaires, they don't get rich if you don't buy their paper.
Can everyone who invests make money? WHAT????? how is that, we all put money in stock market and we all make money??? REALLY how's that work?
NOOOO, the mkt is the ultimate PONZI PYRAMID SCHEME.....it stops rising when the last fool is in.....for every winner is a loser at best it balances out. THE HOUSE ALWAYS WINS.
FOR DECADES it was OK for politicians to buy stock on INSIDER INFO, but illegal and jail time followed if you did it dear citizen. IS THE SYSTEM RIGGED TO PROTECT YOU OR JOB YOU?
GUCHI ROCKS WHILE THE DOLLAR STORE FLOUNDERS?
Good luck, decide for yourself, "do you see wha I see....." ALL I can tell, tools and from those I respect that I READ and you don't.....say CAUTION is the word of the day...and BEAR is more likely than BULL.
DAMN right I can be WRONG, no one is right 100% of time, but investing, gambling, it's an ODDS GAME.....black or red?
D
Friday, July 13, 2012
SPX ACTION
Big up day, July 1374 now targeted and there's that chance we could see a 1400- 1450 print before all is said and one.
May write over weekend, and it's your call are you BUYING this rally? Are we embarking on another or continuing BULL MKT where you just sit tight and ride it out to new highs, or should you be peeling back your holdings and selling into strength?
ANY laggards here would be where I would first look.
D
May write over weekend, and it's your call are you BUYING this rally? Are we embarking on another or continuing BULL MKT where you just sit tight and ride it out to new highs, or should you be peeling back your holdings and selling into strength?
ANY laggards here would be where I would first look.
D
CONSUMER SENTIMENT FAILS TO RECOVER
NEW YORK (Reuters) - U.S. consumer sentiment cooled again in early July to its lowest level in seven months as Americans took a dim view of their finances and job prospects, a survey released on Friday showed.
The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment fell to 72.0 from 73.2 in June, frustrating economists' expectations for a slight gain to 73.4.It was the lowest level since December 2011.
Only 19 percent of consumers expected to be financially better off in the coming year, the lowest proportion recorded by the survey. Americans were also gloomy about their longer-term prospects with 39 percent anticipating their situation would be better in five years.
SPX TRADING RANGE
Price is just under the simple 50 day moving avg and has recently consolidated above the downtrend line. With the VIX not signalling fear and low summer volumes, the June lows and the July highs still stand. Stocks seem to only move from each new headline, on CHina, Euro, or JPM....or what the fed's next move may be. I don't doubt that stocks could move higher here, the lower range held again on recnt decline, but there isn't a strong conviction of buyers either seen by breadth or volume.
The next larger degree move IMHO will be down, only question in my ind is if a summer rally can unfold to new highs first
Thursday, July 12, 2012
PC SALES CONTINUE TO EBB
SAN FRANCISCO (AP) -- Personal computer sales sagged during the spring as shifting technology trends, upcoming product releases and a shaky economy dampened demand for the machines currently on the market.
The second-quarter decline in the U.S. ranged from 6 percent to 11 percent compared with the same time last year, according to separate reports released Wednesday by Gartner Inc. and International Data Corp. Gartner came up with the lower of the two figures in the research firms' quarterly look at shipments of desktop and laptop computers.
http://finance.yahoo.com/news/pc-sales-fall-6-pct-225244033.html
The second-quarter decline in the U.S. ranged from 6 percent to 11 percent compared with the same time last year, according to separate reports released Wednesday by Gartner Inc. and International Data Corp. Gartner came up with the lower of the two figures in the research firms' quarterly look at shipments of desktop and laptop computers.
http://finance.yahoo.com/news/pc-sales-fall-6-pct-225244033.html
Tuesday, July 10, 2012
PROFIT WARNINGS
NEW YORK (Reuters) - Stocks fell for a fourth day on Tuesday as more pessimism from companies compounded worries the sluggish world economy is taking a toll on profit growth.
A sales warning from engine maker Cummins Inc (CMI) came on top of earlier weak forecasts from chipmakers Applied Materials Inc (AMAT) and Advanced Micro Devices (AMD), causing the market to extend losses in afternoon trading.
Remember the asswipe who said "dangerous not to be in stocks" what a major PUTZ MONKEY, stocks "could" rise, but that is still a rather reckless statement to make.
That said, stocks continue their CHOP......keep in mind, betwwen early 2007-2008.....early warnings and a lack of sharp selloff led the lambs to slaughter.
HOW LONG can THE FED WILL SAVE US, MORE QE whatever keep having any effect at all.
D
A sales warning from engine maker Cummins Inc (CMI) came on top of earlier weak forecasts from chipmakers Applied Materials Inc (AMAT) and Advanced Micro Devices (AMD), causing the market to extend losses in afternoon trading.
Remember the asswipe who said "dangerous not to be in stocks" what a major PUTZ MONKEY, stocks "could" rise, but that is still a rather reckless statement to make.
That said, stocks continue their CHOP......keep in mind, betwwen early 2007-2008.....early warnings and a lack of sharp selloff led the lambs to slaughter.
HOW LONG can THE FED WILL SAVE US, MORE QE whatever keep having any effect at all.
D
PURE GENIUS
http://finance.yahoo.com/news/biggest-danger-now-not-being-074252794.html
"Not being invested in equities right now is one of the "most dangerous" things to do, according to Jack Bouroudjian, CEO of Bull and Bear Partners, who believes U.S. companies will beat Wall Street's estimates for second-quarter earnings.
Corporate America is "richer than ever before" and consumers have more disposable cash because of recent lower oil prices, Bouroudjian told CNBC on Tuesday, adding that the extra cash will boost earnings and bode well for stocks in the next few years. "
Mark it down, he's on record......certainly stocks are not over valued? but certainly in bonds you get NO yield..it's fixed
D
"Not being invested in equities right now is one of the "most dangerous" things to do, according to Jack Bouroudjian, CEO of Bull and Bear Partners, who believes U.S. companies will beat Wall Street's estimates for second-quarter earnings.
Corporate America is "richer than ever before" and consumers have more disposable cash because of recent lower oil prices, Bouroudjian told CNBC on Tuesday, adding that the extra cash will boost earnings and bode well for stocks in the next few years. "
Mark it down, he's on record......certainly stocks are not over valued? but certainly in bonds you get NO yield..it's fixed
D
Monday, July 09, 2012
"PERFECT STORM SCENARIO"
"Dr. Doom" Nouriel Roubini, says the "perfect storm" scenario he forecast for the global economy earlier this year is unfolding right now as growth slows in the U.S., Europe as well as China.
http://finance.yahoo.com/news/roubini-perfect-storm-unfolding-now-104907590.html
http://finance.yahoo.com/news/roubini-perfect-storm-unfolding-now-104907590.html
Friday, July 06, 2012
WEAK JOBS REPORT
We lost over 8 million jobs, got back maybe 4 million. Majority of those seeking employment have been looking for 6 months or more. Many others are under employed, yet we are to believe gov't stats that say avg wages rose .3%?? Prior months weak jobs report was revised down about 10,000.
Are we creating 80,000 jobs? It takes near 200,000 to absorb any unemployed, not just new entrants into workforce pool. NO construction jobs were created, this report could get revised next report.
Blacks suffer more with over 14% unemployed, teens 25%.
Tuesday, July 03, 2012
SPX READJUST CHART
With breakout from June high, this alternative target may be in play. SPX 1450 target before ultimate plunge. VIX near 16 and fallingD
Monday, July 02, 2012
CHINESE FACTORY OUTPUT DECLINES
HONG KONG (MarketWatch) — "Chinese manufacturing activity deteriorated at a faster clip in June than a month earlier, as new-order bookings and employment declined further, according to the final result of a survey by HSBC released Monday.
The final reading of HSBC’s China manufacturing Purchasing Managers’ Index for June dropped to 48.2 from 48.4 in May, indicating that business conditions worsened at Chinese factories"
SO, let me get this straight, the US is going to be that one shining star?
D
The final reading of HSBC’s China manufacturing Purchasing Managers’ Index for June dropped to 48.2 from 48.4 in May, indicating that business conditions worsened at Chinese factories"
SO, let me get this straight, the US is going to be that one shining star?
D
Sunday, July 01, 2012
LATEST FROM DR MARTIN ARMSTRONG "HOW DO EMPIRES DIE"
GOLD TO STRATOSPHERE
Dr Martin Armstrong:
http://www.inflateordie.com/files/How%20Do%20Empires%20Die%2006-17-2012.pdf
>>During economic crisis, money is hoarded. People curtail their spending to survive. Grover Cleveland addressed the Congress in a Special Session where he criticized his own party stating: <<
"At times like the present, when the evils of unsound finance threaten us, the speculator may anticipate a harvest gathered from the misfortune of others, the capitalist may protect himself by hoarding or may even find profit in the fluctuations of values; but the wage earner - the first to be injured by a depreciated currency - is practically defenseless. He relies for work upon the ventures of confident and contented capital. This failing him, his condition is without alleviation, for he can neither prey on the misfortunes of others nor hoard his labour."
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