winger, sa tahad deflatsoonilises tuumatalves elada?
Gapping up
On news: POZN +43% (POZN is one of the few stocks seeing a major move on news, trading up over 40% after selling rights to the co's MT 400 drug for the treatment of migraines), AMRN +5.1% ( announces FDA acceptance for filing of AMR101 NDA), YHOO +0.8% (confirms that it signed a nondisclosure agreement with MSFT).
On news: POZN +43% (POZN is one of the few stocks seeing a major move on news, trading up over 40% after selling rights to the co's MT 400 drug for the treatment of migraines), AMRN +5.1% ( announces FDA acceptance for filing of AMR101 NDA), YHOO +0.8% (confirms that it signed a nondisclosure agreement with MSFT).
Ignore the Shopping Hype
By James "Rev Shark" DePorre
Nov 25, 2011 | 8:46 AM EST
Once again, we come to the Holiday Season, a deeply religious time that each of us observes, in his own way, by going to the mall of his choice. -- Dave Barry
The worst Thanksgiving week in history isn't looking any better for the market this morning. A weak Italian bond auction and the lack of any new solutions for Europe's problems are keeping the pressure on.
At the moment we simply have very strong downside momentum in place and there has not been any catalysts at all to produce a bounce. The biggest positive the bulls have going for them is that the news flow, the sentiment and just about everything else is so negative it can't go much lower. Unfortunately, the high level of doom and gloom isn't producing any bottom so far. Market players are standing aside and have no interest in bargain hunting right now.
Technically the indices have very little downside support and if we do finally see a bounce it sure will not be easy to trust. The lows we saw in early October are beckoning and unless we see some positive news flow a retest of those levels does not look out of the question.
It is very ugly looking out there this morning and it is going to be a very slow half day of trading, but to make it even worse the media is going to spend all day talking about Black Friday shopping. From a trading standpoint, Black Friday has never been very relevant. A reporter at a mall in New Jersey will talk about the crowds and the fact that many are carry bags full of merchandise, but anyone trying to trade off that should stick to slot machines. Black Friday just gives the media something to talk about for a day or two and has never been an accurate indicator of the overall shopping season.
With the advent of online shopping, the action at stores is even less of a reliable indicator. There will always be folks who line up for a few exceptional deals. But more and more people simply wait to do their shopping online. Ignore all the hype about shopping today. It has no bearing on overall market action and is untradeable.
I'd really like to be more upbeat about the market, but there just isn't any reason to fight this uptrend. I've been surprised by the complete lack of any oversold bounce in the last few days. We are likely to see one soon, but when the market is under so much pressure a bounce is simply an invitation to escape some painful longs and look for short entries. Anyone trying to call a major bottom at this point is probably relying much more on hope than logic. There are no major positives, other than excessive negativity, to be found right now.
I'd like to thank everyone for the very kind responses to me Thanksgiving column. This year, more than usual, many folks are dealing with challenges. Don't give up and just keep on plugging away. It might not happen right away, but things will improve. Expect the worst and hope for the best and before you know it the future will look brighter.
By James "Rev Shark" DePorre
Nov 25, 2011 | 8:46 AM EST
Once again, we come to the Holiday Season, a deeply religious time that each of us observes, in his own way, by going to the mall of his choice. -- Dave Barry
The worst Thanksgiving week in history isn't looking any better for the market this morning. A weak Italian bond auction and the lack of any new solutions for Europe's problems are keeping the pressure on.
At the moment we simply have very strong downside momentum in place and there has not been any catalysts at all to produce a bounce. The biggest positive the bulls have going for them is that the news flow, the sentiment and just about everything else is so negative it can't go much lower. Unfortunately, the high level of doom and gloom isn't producing any bottom so far. Market players are standing aside and have no interest in bargain hunting right now.
Technically the indices have very little downside support and if we do finally see a bounce it sure will not be easy to trust. The lows we saw in early October are beckoning and unless we see some positive news flow a retest of those levels does not look out of the question.
It is very ugly looking out there this morning and it is going to be a very slow half day of trading, but to make it even worse the media is going to spend all day talking about Black Friday shopping. From a trading standpoint, Black Friday has never been very relevant. A reporter at a mall in New Jersey will talk about the crowds and the fact that many are carry bags full of merchandise, but anyone trying to trade off that should stick to slot machines. Black Friday just gives the media something to talk about for a day or two and has never been an accurate indicator of the overall shopping season.
With the advent of online shopping, the action at stores is even less of a reliable indicator. There will always be folks who line up for a few exceptional deals. But more and more people simply wait to do their shopping online. Ignore all the hype about shopping today. It has no bearing on overall market action and is untradeable.
I'd really like to be more upbeat about the market, but there just isn't any reason to fight this uptrend. I've been surprised by the complete lack of any oversold bounce in the last few days. We are likely to see one soon, but when the market is under so much pressure a bounce is simply an invitation to escape some painful longs and look for short entries. Anyone trying to call a major bottom at this point is probably relying much more on hope than logic. There are no major positives, other than excessive negativity, to be found right now.
I'd like to thank everyone for the very kind responses to me Thanksgiving column. This year, more than usual, many folks are dealing with challenges. Don't give up and just keep on plugging away. It might not happen right away, but things will improve. Expect the worst and hope for the best and before you know it the future will look brighter.
Gapping down
While stocks are set to gap down, few are moving on company-specific news.
News/Analyst Actions: AEG -3.1% (downgraded to Neutral at Goldman), ARMH -2.5% (checking for anything specific), ASML -2.0% (checking for anything specific), MSFT -1.0% (YHOO confirms that it signed a nondisclosure agreement with MSFT), T -0.7% (T withdraws T-Mobile (DTEGY) merger plan from FCC).
While stocks are set to gap down, few are moving on company-specific news.
News/Analyst Actions: AEG -3.1% (downgraded to Neutral at Goldman), ARMH -2.5% (checking for anything specific), ASML -2.0% (checking for anything specific), MSFT -1.0% (YHOO confirms that it signed a nondisclosure agreement with MSFT), T -0.7% (T withdraws T-Mobile (DTEGY) merger plan from FCC).
Headlines from EU Official saying that it may look to drop the private sector involvement from the ESM plan
Kui roheline värv Euroopasse jõudis ja ka ülemeremaadel levima hakkas, olid Bati börsid juba suletud ja ootamas uut languspäeva, et olla teerajajaks ja eeskujuks kogu börsimaastikul.
Cornet
Kui roheline värv Euroopasse jõudis ja ka ülemeremaadel levima hakkas, olid Bati börsid juba suletud ja ootamas uut languspäeva, et olla teerajajaks ja eeskujuks kogu börsimaastikul.
Ei lase eestlased kellelgi oma tuumadeprekat ja enesepiitsutamistuhinat kõigutada :-)
CNBC reporting a Deutsche Bank note that is out suggesting weak German auction on Wednesday will force the hand of Germany and France to act
Headlines crossing that Greece has started talking directly to creditors about bond swap, bypassing IIF
Headlines that Greece is talking with creditors about demanding a net present value of 25% compared to the high 40s that was negotiated earlier
JP Morgan lowers S&P 500 tgt to 1350 from 1475 - CNBC
S&P downgrading Belgium to AA from AA+, Outlook negative
Fitch downgrading Belgium as well, to AA from AA+
Fitch downgrading Belgium as well, to AA from AA+
AlariÜ
Headlines crossing that Greece has started talking directly to creditors about bond swap, bypassing IIF
Headlines that Greece is talking with creditors about demanding a net present value of 25% compared to the high 40s that was negotiated earlier
Reutersil selle teema kohta täpsem kirjutis. Huvitav lugemine alles peatükist "SQUEEZE THEM OUT". Lühidalt - Kreeka valitsus tahab neid, kes vabatahtlikult ei nõustu, eriti tugevasti pigistada. Paljud ka küsivad, milleks IIF üldse vahendajaks tuli. Igatahes kreeklased mitte ei mänginud lolli ja istunund vaikselt uue valitsuse moodustamise ajal, ja sellest ka Evangelos Venizelos'e soov säilitada rahandusministri tool uues valitsuses, vaid nad panid uut taktikat paika ja sellest tulenevalt ütles IIF viimaste kõneluste valguses vastaspoolega olevat "tehnilisi raskusi".
Haistan referendumit vol 2.
Greeks drive hard bargain as creditor talks start
Kui rääkida nii-öelda visuaalsest majandusanalüüsist, siis tänane Black Friday "hullus" oli vähemasti minu arvates võrdlemisi tagasihoidlik. Ainuke pood, mis tõepoolest inimeste tähelepanu pälvis oli Apple. Uudishimust sai külastatud viite Apple poodi ning iga müügikoha juures ulatus järjekord uksest välja (poodides käisin keskpäeval).
Alloleval graafikul on kujutatud Prantsusmaa 10-aastase võlakirja ja EFSF 10-aastase võlakirja vaheline korrelatsioon ning Saksamaa 10-aastase võlakirja ja EFSF võlakirja korrelatsioon. Belgia reitingut täna kärbiti, kuid tahaks loota, et reitinguagentuurid pigistavad silmad kinni ning jätavad Prantususmaa puutumata. Teisisõnu, EFSF AAA reitingut oleks sellisel juhul vägagi raske põhjendada ning ilmselgelt liiguksid võlakirja hinnad Prantsusmaa kohta käivate uudistega kaasa.
Teisest küljest on mitmed kommentaatorid rääkinud, et see, et inimesed vägivallatsevad musta reede šoppingul, on hea märk. Ses mõttes, et näitab, et tarbijad on endiselt valmis rabama kokku Hiina kräppi, pea-asi et odavalt saab. Kui poleks olnud pipragaasi- jm vägivalla uudiseid, tuleks USA tarbijate sentimendi osas olla tüki murelikum.
Karum6mm
winger, sa tahad deflatsoonilises tuumatalves elada?
Äh, need suletud küsimused. Too mõni lähiaja näide, kus see on toiminud? UK kuulutas uue QE paketid välja £1 mld 1000 000 noore töötu töölevõtmiseks ja uued toetused väikeettevõtetele. Surve eurotsooni sees vajab selgelt mingit leevendust, aga kus on siis piir? Loodsin adekvaatsemale vastusele.