Blink,
tundus veidi kahtlane tõesti (aktsia eelturul vaid 8% miinuses). Aga kui panga kliendid kaotavad, ega siis ka pangal väga hästi ei saa minna.
MLCO pealkiri ja paar lõiku:
"Pulling forward our Fed rate cuts: look for -50bp Tuesday"
"The market is now almost fully pricing in a 25 basis point rate cut tomorrow."
"Recent events suggest a large deleveraging of thebanking system is picking up steam and suggests the risks to the economy areentirely concentrated in the growth outlook (inflation concerns will take a backseat, or move to the trunk). In that environment, it makes little sense for the Fed towait. While the timing is still highly uncertain, financial conditions are tightening tosuch an extent that we think it makes perfect sense for the Fed to cut rates by 50basis points on Tuesday and we may even see additional moves"
Ega vist enam punasemaks minna ei saa...
Saksamaa DAX -3.95%
Prantsusmaa CAC 40 -4.99%
Inglismaa FTSE 100 -4.73%
Hispaania IBEX 35 -4.75%
Venemaa MICEX -8.12%
Poola WIG -3.84%
Aasia turud:
Jaapani Nikkei 225 N/A (börs suletud)
Hong Kongi Hang Seng N/A (börs suletud)
Hiina Shanghai A (kodumaine) N/A (börs suletud)
Hiina Shanghai B (välismaine) N/A (börs suletud)
Lõuna-Korea Kosdaq N/A (börs suletud)
Tai Set 50 -2.02%
India Sensex -5.41%
Market Will Also Weigh on Good Stocks
By Rev Shark
RealMoney.com Contributor
9/15/2008 8:20 AM EDT
The battlefield is a scene of constant chaos. The winner will be the one who controls that chaos, both his own and the enemies."
--Napoleon Bonaparte
The simmering mess in the financial sector is exploding into chaos this morning as Lehman Bros. (LEH) files for Chapter 11 protection, Merrill Lynch (MER) seeks safety in the hands of Bank of America (BAC) and market players contemplate who will be next to go under.
The optimists have wanted to believe that the worst is over for banks and brokers, but the grim reality is that we still don't have any clarity as to the extent of the problems. The simple reason LEH couldn't find a buyer is that no one really knows how to value its assets.
I'm not going to go into all the issues weighing on the market. It is painfully clear that we are dealing with an unprecedented situation and it is likely to take a while before things become clearer.
The big question for us to consider is 'how do we deal with this'? This is as close to an outright crash as we are likely to see and how you deal with it depends on how you are positioned. I've been preaching caution and heavy cash holdings as the market down trended and if you are positioned that way then this action is likely to present great opportunity.
On the other hand, if you are heavily invested already, you are likely to have a sick feeling in the knot of your stomach.
And that brings us to the conundrum that this crisis presents. Is this the big purge that finally gets us to a market bottom or is it the start of a further breakdown that takes us to new lows and a further drip lower?
So far this year the smart move has always been to buy a panic open like this. We have consistently bounced back from this sort of selling and have actually ended up squeezing shorts pretty fast. You can be sure lots of folks are thinking it is going to happen again and are anxious to buy this open.
From a bigger perspective, this breakdown sets up the indices to make new lows for the year. A bounce off the weak open is eventually going to attract trapped bulls that are anxious to escaped the pain this market has dished out. If you are already heavily invested you may be well served to dump some positions into a bounce.
If you are not heavily exposed to this market, you may want to look for some buying opportunities to nibble this morning. This is panicky action and some good stocks that are suffering from the issues infecting financials are going to suffer some emotional selling. Look at sectors such as health care, biotechnology, consumer durables and maybe even some technology.
I've been steadfast in my approach that individual investors should stand aside as this market trends down and don't try to anticipate a bottom. This morning shows why. If you have cash this crisis is what will give you great opportunities.
You don't want to plunge in recklessly, but you should be considering some moves. The market still has a long ways to go before it bottoms and starts to uptrend but action like this is what will help get us there faster.
-----------------------------
Ülespoole avanevad:
With equity futures trading significantly lower this morning (S&P futures -43, Dow futures -353), very few stocks are trading higher in premarket... M&A news: NAPS +85.2% (Best Buy to Acquire Napster for $2.65/share), MER +35.5% (Bank of America buys MER in an all stock deal; MER holders to receive 0.8595 BAC shares), LDG +3.3% (WAG proposed to acquire all outstanding LDG shares for $75/share)... Other news: PSS +5.6% (announces that the Court has entered a judgment in the adidas trademark infringement case that reduces the monetary award against the co).
Allapoole avanevad:
In reaction to disappointing earnings/guidance: OTTR -4.9%... M&A news: TTWO -29.4% (ERTS terminates discussions with Take-Two), BAC -14.2% (Bank of America buys Merrill Lynch in a $50 bln all-stock transaction), BBY -3.3% (Best Buy to Acquire Napster for $2.65/share)... Select financial-related names showing weakness following LEH's Ch 11 filing: LEH -91.5% (to file for protection under Ch. 11 - WSJ), AIG -37.6% (S&P puts AIG ratings on creditwatch negative; WSJ reports scrambles to raise cash, talks to Fed; also subsequently downgraded to Neutral from Buy at Merrill and downgraded to Hold from Buy at Citigroup), WM -16.8%, UBS -16.7% (shares hit by speculation of new writedowns in Europe trading- Reuters.com), RBS -15.3%, PMI -13.5%, ABK -13.4%, BCS -13.4%, AXA -10.7%, SLM -10.3%, WB -10.0%, MS -9.4% (downgraded to Hold from Buy at Citigroup), PUK -8.9%, C -8.1%, GS -7.8% (downgraded to Neutral from Buy at Merrill), IBN -7.6%, ING -7.4%, LYG -7.0%, JPM -6.6% (downgraded to Underperform from Neutral at Merrill), STI -6.6%, WFC -5.4%, HBC -3.8%... Select solar names showing weakness as oil drops ~6 pts following passing of Ike: CSIQ -9.8%, ESLR -9.5%, SPWR -9.3%, JASO -8.4%, SOLF -8.2%, YGE -8.0%, TSL -7.8%, STP -6.9%, FSLR -6.8%... Other news: TSRA -24.5%, GE -7.4% (checking for anything specific)... Analyst comments: AGNC -8.5% (downgraded to Neutral from Buy at Merrill), NLY -6.4% (downgraded to Neutral from Buy at Merrill), LOW -5.5% (downgraded to Neutral from Outperform at Credit Suisse), BXP -5.0% (downgraded to Sell at Merrill), HD -4.9% (downgraded to Neutral from Outperform at Credit Suisse), PHM -4.3% (downgraded to Hold at Citigroup).
By Rev Shark
RealMoney.com Contributor
9/15/2008 8:20 AM EDT
The battlefield is a scene of constant chaos. The winner will be the one who controls that chaos, both his own and the enemies."
--Napoleon Bonaparte
The simmering mess in the financial sector is exploding into chaos this morning as Lehman Bros. (LEH) files for Chapter 11 protection, Merrill Lynch (MER) seeks safety in the hands of Bank of America (BAC) and market players contemplate who will be next to go under.
The optimists have wanted to believe that the worst is over for banks and brokers, but the grim reality is that we still don't have any clarity as to the extent of the problems. The simple reason LEH couldn't find a buyer is that no one really knows how to value its assets.
I'm not going to go into all the issues weighing on the market. It is painfully clear that we are dealing with an unprecedented situation and it is likely to take a while before things become clearer.
The big question for us to consider is 'how do we deal with this'? This is as close to an outright crash as we are likely to see and how you deal with it depends on how you are positioned. I've been preaching caution and heavy cash holdings as the market down trended and if you are positioned that way then this action is likely to present great opportunity.
On the other hand, if you are heavily invested already, you are likely to have a sick feeling in the knot of your stomach.
And that brings us to the conundrum that this crisis presents. Is this the big purge that finally gets us to a market bottom or is it the start of a further breakdown that takes us to new lows and a further drip lower?
So far this year the smart move has always been to buy a panic open like this. We have consistently bounced back from this sort of selling and have actually ended up squeezing shorts pretty fast. You can be sure lots of folks are thinking it is going to happen again and are anxious to buy this open.
From a bigger perspective, this breakdown sets up the indices to make new lows for the year. A bounce off the weak open is eventually going to attract trapped bulls that are anxious to escaped the pain this market has dished out. If you are already heavily invested you may be well served to dump some positions into a bounce.
If you are not heavily exposed to this market, you may want to look for some buying opportunities to nibble this morning. This is panicky action and some good stocks that are suffering from the issues infecting financials are going to suffer some emotional selling. Look at sectors such as health care, biotechnology, consumer durables and maybe even some technology.
I've been steadfast in my approach that individual investors should stand aside as this market trends down and don't try to anticipate a bottom. This morning shows why. If you have cash this crisis is what will give you great opportunities.
You don't want to plunge in recklessly, but you should be considering some moves. The market still has a long ways to go before it bottoms and starts to uptrend but action like this is what will help get us there faster.
-----------------------------
Ülespoole avanevad:
With equity futures trading significantly lower this morning (S&P futures -43, Dow futures -353), very few stocks are trading higher in premarket... M&A news: NAPS +85.2% (Best Buy to Acquire Napster for $2.65/share), MER +35.5% (Bank of America buys MER in an all stock deal; MER holders to receive 0.8595 BAC shares), LDG +3.3% (WAG proposed to acquire all outstanding LDG shares for $75/share)... Other news: PSS +5.6% (announces that the Court has entered a judgment in the adidas trademark infringement case that reduces the monetary award against the co).
Allapoole avanevad:
In reaction to disappointing earnings/guidance: OTTR -4.9%... M&A news: TTWO -29.4% (ERTS terminates discussions with Take-Two), BAC -14.2% (Bank of America buys Merrill Lynch in a $50 bln all-stock transaction), BBY -3.3% (Best Buy to Acquire Napster for $2.65/share)... Select financial-related names showing weakness following LEH's Ch 11 filing: LEH -91.5% (to file for protection under Ch. 11 - WSJ), AIG -37.6% (S&P puts AIG ratings on creditwatch negative; WSJ reports scrambles to raise cash, talks to Fed; also subsequently downgraded to Neutral from Buy at Merrill and downgraded to Hold from Buy at Citigroup), WM -16.8%, UBS -16.7% (shares hit by speculation of new writedowns in Europe trading- Reuters.com), RBS -15.3%, PMI -13.5%, ABK -13.4%, BCS -13.4%, AXA -10.7%, SLM -10.3%, WB -10.0%, MS -9.4% (downgraded to Hold from Buy at Citigroup), PUK -8.9%, C -8.1%, GS -7.8% (downgraded to Neutral from Buy at Merrill), IBN -7.6%, ING -7.4%, LYG -7.0%, JPM -6.6% (downgraded to Underperform from Neutral at Merrill), STI -6.6%, WFC -5.4%, HBC -3.8%... Select solar names showing weakness as oil drops ~6 pts following passing of Ike: CSIQ -9.8%, ESLR -9.5%, SPWR -9.3%, JASO -8.4%, SOLF -8.2%, YGE -8.0%, TSL -7.8%, STP -6.9%, FSLR -6.8%... Other news: TSRA -24.5%, GE -7.4% (checking for anything specific)... Analyst comments: AGNC -8.5% (downgraded to Neutral from Buy at Merrill), NLY -6.4% (downgraded to Neutral from Buy at Merrill), LOW -5.5% (downgraded to Neutral from Outperform at Credit Suisse), BXP -5.0% (downgraded to Sell at Merrill), HD -4.9% (downgraded to Neutral from Outperform at Credit Suisse), PHM -4.3% (downgraded to Hold at Citigroup).
American Intl: Hearing report that Buffett's Berkshire and German insurance giant Allianz in preliminary negotiations to purchase a 'significant 30-40% stake' in AIG
AIG veebileht igal juhul ei tööta; vandenõuteoreetikud, ärgake!
Vandenõuteoreetikutest rääkides... Tony Creszenzi pakkus RM all hommikul välja, et äkki Fed peab juba täna mingit koosolekut intressimäärade teemadel ja et kuidas finantssektorit tänastes oludes kõige rohkem aidata saaks. Spekulatsiooni aluseks see, et Föderaalreservi intressimäär oli hommikul kerkinud juba 3.75%ni ning Fed ei olnud pakkunud piisavalt likviiidsust, et intress 2% peale alla tagasi tuua:
Where's the Fed?
The federal funds rate is trading at 3.75% this morning, well above the Fed's 2% target. Typically, when the funds rate is above the Fed's target rate, the Fed adds money into the banking system.
The inaction creates suspicion about whether the Fed is preparing to announce an interest rate cut. Perhaps the Fed is waiting for the dust to settle on the many position unwindings that are taking place this morning before making a judgment about the need for money in the banking system. Alternatively, the Fed is engaged in a conference call to discuss any actions to take.
Where's the Fed?
The federal funds rate is trading at 3.75% this morning, well above the Fed's 2% target. Typically, when the funds rate is above the Fed's target rate, the Fed adds money into the banking system.
The inaction creates suspicion about whether the Fed is preparing to announce an interest rate cut. Perhaps the Fed is waiting for the dust to settle on the many position unwindings that are taking place this morning before making a judgment about the need for money in the banking system. Alternatively, the Fed is engaged in a conference call to discuss any actions to take.
First Hour Sector Strength:
Gold- GLD +1.0%, Bonds- BND +0.60%
First Hour Sector Weakness:
Coal- KOL -7.1%, Solar Power- TAN -6.1%, KWT -5.9%, Heating Oil- UHN -5.7%, Steel -SLX -5.7%, Metals/Mining- XME -4.8%, Gas- UGA -4.6%, Energy- XLE -4.3%, IYE -3.7%, Crude/WTI Oil- USO -4.1%, OIL -3.8%, Finance- XLF -4.1%
Jim, mis Citiga sai?
Street, hoian. Sellepärast mulle ei meeldigi päevad, kus suurelt üles või alla avanetakse :)
Jep jimil tunduvad raudsed närvid.Mõni teine oleks juba vajanud kindlasti suhkruvett
C on otsustanud langema hakata juba 16.1
Sai proovitud AIG-d $4.80 pealt napuotsaga, loodame et NY kuberner annab veidi toetust oma lõunasel kõnel. $6 pealt hakkaks juba positsiooni sulgema. Alla $4 kukkumisel kaalun sulgemist.
Ilmselt sai ikkagi mitte kõige õigem märklaud valitud mul, WB on see, mis kõige suurema tule alla jäänud on. Aga ilmselgelt on see praegu laviinina kerkiv sell-off, müük genereerib uut müüki ja osta keegi ei julge.
Njaa AIG-st samuti välja pekstud, kas saab enne 0 pidama?
Nu C ju langeb ilusti,nice treid aga halb execution.Vb teeb täna C AIGI
MER kukub hoogsalt, ilmselt turg ei usu ülevõtmisse selle hinna juures. Ma ka ei usu eriti, aga õige aja panustamiseks magasin maha.
XOM on jõudnud samuti kergesse plussi ning toornafta futuurid on kosunud $97.40 peale. Kullafutuurid püsivad samuti kobedas tõusus.
AIG põrkaski soovitud vahemiku käies ära 6.30 peal, kuid kahjuks ennast stopiti enne välja.
AlariY stopid on halvad asjad...lihtsalt stopitakse välja igalt poolt.