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June 23, 2024
Shortened day. S p running about 42 percent below the 10 day average at this time. All three major averages not much changed. If you take a look at my terminal and the sectors on the move. Some stocks are more resistant to economic weakness, telecom, staples, health care. Energy and Consumer Discretionary stocks remain lower. Energy has been weaker along with oil prices. Alix but because it is black friday, you are not going to draw a correlation. You are not going to go by consumer stocks. Juli...
June 20, 2024
Nikkei. Overnight in asia not good. 2 drop wrapping up what is the worst week in three years. Of course concern about china in terms of exports or lack thereof. A look at europe where we also are going to see a good amount of weakness. The follow through as you might expect from here yesterday, a day in which we saw the s p down almost 2 and the nasdaq nasdaq down 3 . Lot more than that. Yeah. Lets get to our road map this morning as you might imagine. Does start with that meltdown if you want t...
June 19, 2024
See the difference . Germany, france, and the netherlands all beating the forecast. The Italian Government grew the 10th of the percent. Assuming there is still an Italian Government. More on that later. I dont mean to be so cynical. Chinas Consumer Prices, meanwhile, that rose about 2. 5 and Producer Prices fell 1. 6 . 8 30 a. M. In the u. S. , import prices and 915 a. M. , Industrial Production and Capacity Utilization and finally the university of Michigan Consumer confidence. That is actuall...
August 5, 2013
Take the money and run or hobble and take the money. so mud flying at the farm. time now for the poly-sidebar. first public meeting over the weekend between mitch mcconnell and -- >> i want to say how nice it is to see jerry lundgren back in the game. hes taking orders on the obama campaign on how to run his daughters campaign. >> if senator mcconnell had his way his version of kentucky health care for our seniors, grandmother, would be to walk it off. lets just tell it like it is. if the doct...
August 5, 2013
0 they are really narrowing down the scope of the closings to north africa and the middle east although they also say they dont know where these attacks are being -- are going to take place. i think that is the assessment of the intelligence community that those are the likeliest places. but it should be added that they dont know what the target is. they cant certainly say that its against the u.s. diplomatic post. it could be other western interests. for that reason both france and the uk have ...
April 12, 2013
blackstone is talking to three private equity firms who expressed interest in making an investment in the company. given where the stock price is currently trading its unlikely that the company would look to raise equity now. its my understanding that the time to raise equity would be later in the year once jc penney has time to try to improve its financial standing. that seems obvious given where the stock currently the sits. theyre figuring, give time, were bringing back coupons and ...