well the rest of this week gonna be super interesting and we'll start it off with a bang tomorrow with C reporting on top of the rest of the data to come out
huge data week on top of earnings for q4 starting to roll in
should be fun to watch the markets digest all the data to come out tomorrow morning plus the C report, with a up to 75 bp fed cut overhanging the markets as well..
----------------------------------------------
Jan 15 8:30 AM Retail Sales Dec - 0.0% 0.0% 1.2% -
Jan 15 8:30 AM Retail Sales ex-auto Dec - -0.1% -0.1% 1.8% -
Jan 15 8:30 AM PPI Dec - 0.2% 0.2% 3.2% -
Jan 15 8:30 AM Core PPI Dec - 0.2% 0.2% 0.4% -
Jan 15 8:30 AM NY Empire State Index Jan - 13.0 10.0 10.3 -
Jan 15 10:00 AM Business Inventories Nov - 0.6% 0.4% 0.1% -
Jan 16 8:30 AM CPI Dec - 0.3% 0.2% 0.8% -
Jan 16 8:30 AM Core CPI Dec - 0.2% 0.2% 0.3% -
Jan 16 9:00 AM Net Foreign Purchases Nov - NA NA $114.0B -
Jan 16 9:15 AM Industrial Production Dec - -0.4% -0.2% 0.3% -
Jan 16 9:15 AM Capacity Utilization Dec - 81.1% 81.2% 81.5% -
Jan 16 10:30 AM Crude Inventories 01/12 - NA NA -6736K -
Jan 16 2:00 PM Fed's Beige Book - - - - - -
Jan 17 8:30 AM Housing Starts Dec - 1160K 1150K 1187K -
Jan 17 8:30 AM Building Permits Dec - 1150K 1140K 1162K -
Jan 17 8:30 AM Initial Claims 01/12 - 335K 335K 322K -
Jan 17 10:30 AM Crude Inventories 01/12 - NA NA -6736K -
Jan 17 12:00 PM Philadelphia Fed Jan - 2.0 -1.5 -1.6 -
Jan 18 10:00 AM Leading Indicators Dec - 0.0% -0.1% -0.4% -
Jan 18 10:00 AM Mich Sentiment-Prel. Jan - 74.0 74.5 75.5 -
huge data week on top of earnings for q4 starting to roll in
should be fun to watch the markets digest all the data to come out tomorrow morning plus the C report, with a up to 75 bp fed cut overhanging the markets as well..
----------------------------------------------
Jan 15 8:30 AM Retail Sales Dec - 0.0% 0.0% 1.2% -
Jan 15 8:30 AM Retail Sales ex-auto Dec - -0.1% -0.1% 1.8% -
Jan 15 8:30 AM PPI Dec - 0.2% 0.2% 3.2% -
Jan 15 8:30 AM Core PPI Dec - 0.2% 0.2% 0.4% -
Jan 15 8:30 AM NY Empire State Index Jan - 13.0 10.0 10.3 -
Jan 15 10:00 AM Business Inventories Nov - 0.6% 0.4% 0.1% -
Jan 16 8:30 AM CPI Dec - 0.3% 0.2% 0.8% -
Jan 16 8:30 AM Core CPI Dec - 0.2% 0.2% 0.3% -
Jan 16 9:00 AM Net Foreign Purchases Nov - NA NA $114.0B -
Jan 16 9:15 AM Industrial Production Dec - -0.4% -0.2% 0.3% -
Jan 16 9:15 AM Capacity Utilization Dec - 81.1% 81.2% 81.5% -
Jan 16 10:30 AM Crude Inventories 01/12 - NA NA -6736K -
Jan 16 2:00 PM Fed's Beige Book - - - - - -
Jan 17 8:30 AM Housing Starts Dec - 1160K 1150K 1187K -
Jan 17 8:30 AM Building Permits Dec - 1150K 1140K 1162K -
Jan 17 8:30 AM Initial Claims 01/12 - 335K 335K 322K -
Jan 17 10:30 AM Crude Inventories 01/12 - NA NA -6736K -
Jan 17 12:00 PM Philadelphia Fed Jan - 2.0 -1.5 -1.6 -
Jan 18 10:00 AM Leading Indicators Dec - 0.0% -0.1% -0.4% -
Jan 18 10:00 AM Mich Sentiment-Prel. Jan - 74.0 74.5 75.5 -
problem with miners is production costs are going through the roof
plus most mining is done outside the US so in terms of USD they having to pay their workers alot more etc, etc...
and as the countries get more worker friendly, their mining standards/safety goes up which costs more
more reasons i think just holding the physical in your hand the best way to go on the gold/silver front
looks like some dark cloud cover on AUY today a gap up and volume was huge
http://stockcharts.com/h-sc/ui?s=auy
plus most mining is done outside the US so in terms of USD they having to pay their workers alot more etc, etc...
and as the countries get more worker friendly, their mining standards/safety goes up which costs more
more reasons i think just holding the physical in your hand the best way to go on the gold/silver front
looks like some dark cloud cover on AUY today a gap up and volume was huge
http://stockcharts.com/h-sc/ui?s=auy
more bad news
just checked 10 day forcast for my neck of the woods since its 8 degrees outside
gonna cost a pretty penny to heat your home, bad timing
-------------------------------------------
Tonight
Jan 14
Mostly Clear
N/A/5° 20%
High not valid after 2pm
Tue
Jan 15
Sunny
24°/17° 20%
24°F
Plan Your Escape From the Cold
Wed
Jan 16
PM Snow Showers
31°/18° 60%
31°F
Thu
Jan 17
AM Snow Showers
21°/12° 50%
21°F
Fri
Jan 18
Few Snow Showers / Wind
17°/-1° 30%
17°F
Protect Your Plants From the Cold
Sat
Jan 19
Mostly Sunny
9°/0° 10%
9°F
Sun
Jan 20
Partly Cloudy
19°/12° 10%
19°F
Mon
Jan 21
Few Snow Showers
21°/8° 30%
21°F
Learn to Keep Heating Costs Down
Tue
Jan 22
Scattered Snow Showers
20°/0° 40%
20°F
Wed
Jan 23
Mostly Sunny
11°/4°
just checked 10 day forcast for my neck of the woods since its 8 degrees outside
gonna cost a pretty penny to heat your home, bad timing
-------------------------------------------
Tonight
Jan 14
Mostly Clear
N/A/5° 20%
High not valid after 2pm
Tue
Jan 15
Sunny
24°/17° 20%
24°F
Plan Your Escape From the Cold
Wed
Jan 16
PM Snow Showers
31°/18° 60%
31°F
Thu
Jan 17
AM Snow Showers
21°/12° 50%
21°F
Fri
Jan 18
Few Snow Showers / Wind
17°/-1° 30%
17°F
Protect Your Plants From the Cold
Sat
Jan 19
Mostly Sunny
9°/0° 10%
9°F
Sun
Jan 20
Partly Cloudy
19°/12° 10%
19°F
Mon
Jan 21
Few Snow Showers
21°/8° 30%
21°F
Learn to Keep Heating Costs Down
Tue
Jan 22
Scattered Snow Showers
20°/0° 40%
20°F
Wed
Jan 23
Mostly Sunny
11°/4°
:lolBIG:
dollar falling in the gutter but oil falling too due to on coming recession demand its at 92 now
dug the ultrashort oil i added yesterday up
today could get nasty let me look over the economic data and C numbers
do permabulls ever sense reality
hno::lolBIG:
dollar falling in the gutter but oil falling too due to on coming recession demand its at 92 now
dug the ultrashort oil i added yesterday up
today could get nasty let me look over the economic data and C numbers
do permabulls ever sense reality
Yes...youre like the broken clock,keep on going youll get it right once every 20 years or so.
broken clock?
i've only been preaching this for months my friend
your the one saying stuff like oil 100 the culprit
when oil prices are falling WITH falling dollar
due to the oncoming interest rates cuts that will do nothing to stop a recession
anyway keep dreaming i guess, some people just won't listen
:nopityA:
well their BS inflation figs say PPI is going down
retail sales sucked donkey balls
don't tell that to those watching el dollero falling off the face of a cliff
quite a yen spike when those numbers came out japan is in deep deep shit
they might cut 75 bp now, 50 bp a shoe in with 10 year yield at 3.722% and falling
won't matter
----------------------------------------------------------
Date Time (ET) Statistic For Actual Briefing Forecast Market Expects Prior Revised From
Jan 15 8:30 AM Retail Sales Dec -0.4% 0.0% 0.0% 1.0% -
Jan 15 8:30 AM Retail Sales ex-auto Dec -0.4% -0.1% -0.1% 1.7% 1.8%
Jan 15 8:30 AM PPI Dec -0.1% 0.2% 0.2% 3.2% -
Jan 15 8:30 AM Core PPI Dec 0.2% 0.2% 0.2% 0.4% -
Jan 15 8:30 AM NY Empire State Index Jan 9.0 13.0 10.0 9.8 10.3
Jan 15 10:00 AM Business Inventories Nov 0.4% 0.6% 0.4% 0.1%
retail sales sucked donkey balls
don't tell that to those watching el dollero falling off the face of a cliff
quite a yen spike when those numbers came out japan is in deep deep shit
they might cut 75 bp now, 50 bp a shoe in with 10 year yield at 3.722% and falling
won't matter
----------------------------------------------------------
Date Time (ET) Statistic For Actual Briefing Forecast Market Expects Prior Revised From
Jan 15 8:30 AM Retail Sales Dec -0.4% 0.0% 0.0% 1.0% -
Jan 15 8:30 AM Retail Sales ex-auto Dec -0.4% -0.1% -0.1% 1.7% 1.8%
Jan 15 8:30 AM PPI Dec -0.1% 0.2% 0.2% 3.2% -
Jan 15 8:30 AM Core PPI Dec 0.2% 0.2% 0.2% 0.4% -
Jan 15 8:30 AM NY Empire State Index Jan 9.0 13.0 10.0 9.8 10.3
Jan 15 10:00 AM Business Inventories Nov 0.4% 0.6% 0.4% 0.1%
final numbers for C
The loss for the quarter totaled $9.83 billion, or $1.99 per share
41% drop in divy
18.1 bil in writedowns
It also boosted loan-loss reserves by $4.1 billion, signaling further problems in its consumer businesses as deflated home prices, high energy and food costs, and rising unemployment weigh on people's ability to make their loan payments.
only 4,200 jobs slashed
12.5 billion mainly from abroad came to help out and i'm sure got good deals aka high yields etc...screwing over US shareholders
To bolster its capital, the bank also said Tuesday it has lined up $12.5 billion in new investments from sovereign wealth funds and existing shareholders.
That includes $6.88 billion from the Government of Singapore Investment Corp. for a 4 percent stake. Other investors were Capital Research Global Investors, Capital World Investors, the Kuwait Investment Authority, the New Jersey Division of Investment, shareholder Prince Alwaleed bin Talal of Saudi Arabia and former chief executive Sanford Weill and his family foundation.
The loss for the quarter totaled $9.83 billion, or $1.99 per share
41% drop in divy
18.1 bil in writedowns
It also boosted loan-loss reserves by $4.1 billion, signaling further problems in its consumer businesses as deflated home prices, high energy and food costs, and rising unemployment weigh on people's ability to make their loan payments.
only 4,200 jobs slashed
12.5 billion mainly from abroad came to help out and i'm sure got good deals aka high yields etc...screwing over US shareholders
To bolster its capital, the bank also said Tuesday it has lined up $12.5 billion in new investments from sovereign wealth funds and existing shareholders.
That includes $6.88 billion from the Government of Singapore Investment Corp. for a 4 percent stake. Other investors were Capital Research Global Investors, Capital World Investors, the Kuwait Investment Authority, the New Jersey Division of Investment, shareholder Prince Alwaleed bin Talal of Saudi Arabia and former chief executive Sanford Weill and his family foundation.
6.6 gonna be pumped into MER from abroad too
they release their big losses on thursday
---------------------------------
3 Foreign Funds to Invest a Combined $6.6 Billion in Merrill Lynch
NEW YORK (AP) -- Merrill Lynch & Co. said Tuesday that it is getting a cash infusion of $6.6 billion from three foreign investment funds.
The Korean Investment Corp., Kuwait Investment Authority and Mizuho Corporate Bank will receive a special class of stock for their combined $6.6 billion investment. All will be passive investors and none will have any rights of control.
they release their big losses on thursday
---------------------------------
3 Foreign Funds to Invest a Combined $6.6 Billion in Merrill Lynch
NEW YORK (AP) -- Merrill Lynch & Co. said Tuesday that it is getting a cash infusion of $6.6 billion from three foreign investment funds.
The Korean Investment Corp., Kuwait Investment Authority and Mizuho Corporate Bank will receive a special class of stock for their combined $6.6 billion investment. All will be passive investors and none will have any rights of control.
yeah here's the type of deals these foreigners are getting in these banks
while US shareholders get poked up the arse
Merrill Lynch (MER 54.30, -1.67) also made headlines this morning after announcing a $6.6 billion cash infusion from several investors. The mandatory convertible preferred stock yields 9%, with a conversion premium of 17% that matures in 33 months.
:monsters-
-----------------
looks like bottom fishing over time to swoon down some more me thinks
while US shareholders get poked up the arse
Merrill Lynch (MER 54.30, -1.67) also made headlines this morning after announcing a $6.6 billion cash infusion from several investors. The mandatory convertible preferred stock yields 9%, with a conversion premium of 17% that matures in 33 months.
:monsters-
-----------------
looks like bottom fishing over time to swoon down some more me thinks
