would like to thank the Academy
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Will be back by the open folks. Off to one last meeting before dinner.
LOL, nice to see you are STILL a degenerate.
Speaking of which, is LongHorn still in honeymoon phase with Red? (Or has she taken over his house, the bank account, the cars, and made him move into the garage?)
Man, can't believe AAPL is DOWN since I have been gone, and SPY has been UP. They used to move together. Weird. And look at GOOG! I really need to use Sunday as a catch up day. (And I am going to SLEEP IN!!)
Notable earnings before Friday’s open: $ANN, $ARCO, $FL, $FSYS, $MEA
July also happens to be my birthday, and my wife's, so I will be in time for it. Her present is........
ME! I told here she can use it as she sees fit.
Good morning Stuff. In and out of meetings again all damn day. This project will be taking up a LOT of my time. The good news, will make the time go much faster. I am OUTTA here July! WAHOO!
Wow, nice weather. My poor wife and mother had a chance of a damn snowstorm in New York the other day. Hope it didn't happen. My wife doesn't want to hear that I can't shovel because I am in a combat zone!
QE Continues To Prop Markets
Great post by Dave Fry, lots of charts:
http://www.zerohedge.com/contributed/2013-03-07/qe-continues-prop-markets
Hey GP. Got LOTS of cigars to write about, and so little time. As a quick preview, let me just say one thing:
Pinar Del Rio Obsidian.
Man oh MAN is that a great and tasty smoke.
Futures have been bouncing around all day, now at about even. Trying to catch up, and I see NOTHING has changed, the market just kept on steaming up, up, and away. Looks like EZ sold off a bit of his portfolio last week, the only blip I see.
What is up with Gold and the PMs? Looks like we are testing some support again. If the dollar is so strong, why are the markets up so hard as well? Oh yeah, because they are broken and manipulated. (lol, have been reading a LOT of ZeroHedge as well)
Loving the Sequester. Every damn moron and his brother out here are blaming it for EVERYTHING already, and it hasn't even really started yet.
Good morning Larry. You are up EARLY! Hope all is well in your neck of the woods, and there is NO damn SNOW.
Here all is good. I am BURIED in all sorts of items here from being away for WAY longer than I expected. I really need a large bottle of something to mellow my brain. Weather is great, getting real warm now, but that brings out the damn dust.
Good morning all! Here are some of the latest headlines going on in the financial world while you are all in bed, sleeping like angels.
03:48AM Global shares rise, dollar at new peak versus yen before jobs data
03:45AM Motorola Mobility to cut more jobs
03:39AM Global shares rise, dollar at new peak versus yen before jobs data
03:26AM European Stocks Climb on Asia Before U.S. Payrolls Report
03:26AM Dollar Rises to Strongest Since 2009 Versus Yen Before Payrolls
03:19AM Asian Stocks Advance as Nikkei 225 Recoups Lehman Losses
03:19AM Kenyan Shilling, Stocks Gain as Presidential Vote Result Nears
03:13AM Brookfield's Brazilian unit on SEC radar: WSJ
03:12AM Pound Set for Weekly Drop Versus Dollar Before U.S. Jobs Report
02:59AM Firms Send Record Cash Back to Investors
02:58AM German Bonds Set for Weekly Drop Before Production Data
02:38AM Gold Swings Between Gains and Losses Before U.S. Employment Data
02:30AM Brookfield's Brazilian unit on SEC radar: WSJ
02:26AM China’s Stocks Decline, Capping Weekly Loss, After Shipment Data
02:26AM European Stock Futures Climb Before U.S. Payrolls Report
Alrighty Lottos, off for the end of day meeting, and dinner. Hoping to have a computer to see ya all later. PRAY FOR ME! Otherwise, will be back next weekend after my next trip.
Morning Briefing: 10 Things You Should Know http://t.co/fl6tx3IK $XOM $DELL $MRK $BA $BUD
It is actually RAINING out here today. And it is raining HARD. There are gonna be oodles of puddles.
Futures are all green right now BEFORE jobs report. IWM really REALLY green, so TZA may bite the bullet again, UNLESS the jobs report comes in crappy. Going to be one of those days again.
Euro zone inflation nears ECB target, joblessness at record
5:07am EST
BRUSSELS (Reuters) - Euro zone inflation fell more than expected in January in a sign that companies were cutting prices to entice shoppers at a time when joblessness remained at a record level at the end of 2012.
The rate of consumer price inflation in the 17 countries using the euro fell to 2 percent in January compared to a year ago, the EU's statistics office Eurostat said on Friday.
The reading, Eurostat's first estimate, was lower than the 2.2 percent level forecast by economists polled by Reuters, which was also December's level.
Unemployment remained at a euro-era high of 11.7 percent in December, Eurostat also said, slightly lower than the 11.9 percent level expected by economists, but still higher than the European Commission's year-end 11.3 percent prediction.
Inflation is now near the European Central Bank's target of close to, but below 2 percent, and along with record unemployment, gives the ECB bank room to cut interest rates again to stimulate the economy.
But an improvement in euro zone business morale for the third straight month in January and better factory output suggest the bloc has passed the worst of its recession, meaning further ECB stimulus in the form of lower borrowing costs may not be necessary.
The ECB's task is also complicated by a divide between wealthier, northern countries which are showing signs of emerging from the euro zone's three-year debt crisis and countries such as Spain and Italy, that are in deep recessions.
"The story in the euro zone remains one of national divergence between the peripheries and the core," said Evelyn Herrmann, an economist at BNP Paribas in London, also pointing to a growing gap between the German and French economies.
(Reporting by Robin Emmott; editing by Rex Merrifield)
Good morning Stuff. Were you up all night watching games again?
My personal computer being autopsied. Hoping my boys can fix it up for me to get tonight. Tomorrow I head out for my last trip. Going out West. The bad news is, I will be out for a week again. The GOOD news is that it will be on bases run by Italians! That means GOOD FOOD. My momma will be so proud.
TZA was ugly yesterday, but hopefully today makes a few moves. Got a feeling the Employment numbers gonna be a tad ugly. Zero already won, so no sense fudging the numbers now. Of course, will still be Hurricane Sandy, Bush, Republicans, etc...
GOT A NEW COMPUTER! Bought one online today, so by next week will have a nice new HP. Mine is in the shop now, the boys are looking at it. It is overheating bad, they are trying to fix the fan which is messed up.
On my work computer, hope to have my personal fixed later. FINGERS CROSSED!
It sure is Buns!
I am off for the night. Computer a piece of crud, and sleepy time for 'ol Cohiba. Will be back bright and early tomorrow, while you sleep!
Awesome! I am losing my mind here, computer just a mess. Luckily my unit handles these things, will have one of my high speed techs check it out. I am off until it dies again. See ya later!
Damn, typed that too soon, little pop on SPY to 150.14 Looks like a roller coaster ride day.
SPY pop faded, back under $150 again, but IWM still strong, killing my TZA calls.
Haven't jumped into FAZ yet.
Good to have you back Stuff. Computer was a mess here, but seems to be back to some semblance of normal now. *phew*
LOL, thanks. *sniff* I feel better already.
Ugh, nice pop while I had computer problems. TZA calls sucking eggs, but the YHOO Puts seem to be alive and moving nice.
SPY fading the pop this morning, but of course I could NOT get any of the Puts I wanted since computer crapped out in the middle of the trade. *sigh*
I NEED A BEER!
Original battery, same age. I think maybe I have used it on battery twice since i owned it, I always use it when plugged in.
It has been through hell with me over the years, I really just need to stop crying and get a new one.
Clciking from one tab to another VERY slow, and typing is a bit lagged. This thing feels warm as heck also, may need to cool it down. Poor baby is 5 years old now! Time for a replacement.
UGH! Just back on, let's see how long this lasts. Right in the middle of a trade! Frustrating. Now it is SLOW as heck, ery sluggish. May punk out again.
How are ya Long!
AARGH!! My computer is acting up again, crashed twice!
You know it EZ! Good luck out there today!
Once I got into options, I let go the pennies. I had some success, but lots more messes. Have much better success with options, and they are usually in the pennies!
I agree. Think the Russell 2000 will lead the way down, why I am in TZA very heavy.
Noting that DNKN is off the PM highs. Will watch, may be a sell the news type earnings, like YHOO.
LOL, that will do it as good as the scotch. My kind of medicine!