Chains of habit are too light to be felt until they are too heavy to be broken
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Gold Inches Up; ECB Meeting Awaited
Bloomberg's 10 worst financial CEOs for upholding shareholder value: Vikram Pandit (C), Walter Bettinger (SCHW), Frederick Waddell (NTRS), Thomas Wilson (ALL), John Stumpf (WFC), Daniel Amos (AFL), Kelly King (BBT), Joseph Saunders (V), Jamie Dimon (JPM), Lloyd Blankfein (GS).
The string of weak economic data and the EU crisis have put additional stimulus back on the table, writes Fed whisperer Jon Hilsenrath, and Bernanke may move this month to avoid a shift in policy closer to the November election. Vice Chairwoman Yellen speaks Wednesday night, and the Chairman testifies before Congress on Thursday.....
Wednesday's economic calendar:
7:00 MBA Mortgage Applications
8:15 Fed's Lockhart: U.S. Economy and Monetary Policy
8:30 Productivity and Costs
10:00 Hearing: Enhancing Bank Supervision and Reducing Systemic Risk (Tarullo)
10:30 EIA Petroleum Inventories
2:00 PM Fed's Beige Book
2:15 PM Fed's Lockhart: U.S. Economy and Monetary Policy
3:30 PM Fed's Williams: Economic Outlook
7:00 PM Janet Yellen speaks at Boston Economic Club
I Will Take One Crown & Coke Please Sir :]
BooooooooooooooooooM
SICKOOOOOOOOOOO
BooooooooooooM Trying to break ;]
US Economics
10:00 ISM Non-manufacturing Composite – consensus 53.5, prior 53.5
11:00 Fed selling $8b-$8.75b notes in 2 year range
11:30 Treasury selling 4-week bills
Whats Going On Over Here :}
Mahalo Nice Board :}
thankx but I meant actually embed a pic in my signature instead of just showing the link "]
Trailing P/Es for prominent large-caps, none of which take into account net cash and investments: $INTC : 10.6. $MSFT : 10.3. $AAPL : 13.7. Google $GOOG : 15. $CSCO: 9. $IBM : 13.6. $EMC : 14.7. $DELL : 6. $HPQ : 5.1. Facebook $FB still has a trailing P/E of 64.5.
Here are some trailing P/Es for prominent large-caps, none of which take into account net cash and investments: $INTC : 10.6. $MSFT : 10.3. $AAPL : 13.7. Google $GOOG : 15. $CSCO: 9. $IBM : 13.6. $EMC : 14.7. $DELL : 6. $HPQ : 5.1. On the other hand, Facebook $FB still has a trailing P/E of 64.5.
LMAOAloha
Here are some trailing P/Es for prominent large-caps, none of which take into account net cash and investments: $INTC : 10.6. $MSFT : 10.3. $AAPL : 13.7. Google $GOOG : 15. $CSCO: 9. $IBM : 13.6. $EMC : 14.7. $DELL : 6. $HPQ : 5.1. On the other hand, Facebook $FB still has a trailing P/E of 64.5. LMAO
How do I embed my signature with a link ? Mahalo for your help
Steve Grasso says in the near-term how the market behaves between 1285 and 1275 will be telling.
1285 was a level of strong resistance last October – 1284 is the 200-day moving average and 1275 was the Egypt bottom. The range should generate strong support.
However, if it doesn’t – Grasso thinks it’s likely the market trades down to flat on year which is 1257.
STEVE GRASSO IS DA MAN IN MY BOOKS :}
Next Week:
MONDAY: Factory orders; Earnings from Dollar General
TUESDAY: ISM non-mfg index; earnings from Hovnanian
WEDNESDAY:Weekly mortgage apps, ECB announcement, productivity and costs, oil inventories, Fed's Beige Book, Fed's Lockhart speaks, Fed's Lockhart speaks, Fed Basel III vote
THURSDAY: Bank of England announcement, jobless claims, Bernanke speaks, quarterly services survey, Fed's Lockhart speaks, Fed's Kocherlakota speaks, consumer credit; Earnings from Lululemon Athletica, JM Smucker
FRIDAY: International trade, wholesale trade, Fed's Kocherlakota speaks, Chesapeake annual meeting
Oil prices fell to their lowest since October 2011, while gold surged more than 4 percent to trade above $1,620 an ounce, logging its biggest one-day gain in more than two years as investors rushed to the yellow metal as a safe-haven
Only time will tell me personally I look for it to follow the path of least resisitance :} Aloha Have Good Weekend
Are You Ready For June ? 1950-2011 Returns
31 up years; 31 down years; ave. return = -0.14%
Up Years
2006 0.01%
2004 1.80%
2003 1.13%
2000 2.39%
1999 5.44%
1998 3.94%
1997 4.35%
1996 0.23%
1995 2.13%
1993 0.07%
1988 4.33%
1987 4.78%
1986 1.95%
1985 1.21%
1984 1.75%
1983 3.24%
1980 2.70%
1979 3.87%
1977 4.54%
1976 4.09%
1975 4.24%
1968 0.87%
1967 1.75%
1964 1.64%
1960 1.84%
1958 2.10%
1957 0.00%
1956 3.05%
1955 8.09%
1954 0.07%
1952 4.87%
Down Years
2011 -1.83%
2010 -5.20%
2009 -0.43%
2008 -8.55%
2007 -1.78%
2005 -0.01%
2002 -7.25%
2001 -2.50%
1994 -2.68%
1992 -1.74%
1991 -4.78%
1990 -0.90%
1989 -0.79%
1982 -2.11%
1981 -1.04%
1978 -1.76%
1974 -1.47%
1973 -0.66%
1972 -2.18%
1971 -0.93%
1970 -5.00%
1969 -5.56%
1966 -1.61%
1965 -4.86%
1963 -2.02%
1962 -8.18%
1961 -2.88%
1959 -0.27%
1953 -0.04%
1951 -2.42%
1950 -5.75%
Are You Ready For June ? 1950-2011 Returns
31 up years; 31 down years; ave. return = -0.14%
Up Years
2006 0.01%
2004 1.80%
2003 1.13%
2000 2.39%
1999 5.44%
1998 3.94%
1997 4.35%
1996 0.23%
1995 2.13%
1993 0.07%
1988 4.33%
1987 4.78%
1986 1.95%
1985 1.21%
1984 1.75%
1983 3.24%
1980 2.70%
1979 3.87%
1977 4.54%
1976 4.09%
1975 4.24%
1968 0.87%
1967 1.75%
1964 1.64%
1960 1.84%
1958 2.10%
1957 0.00%
1956 3.05%
1955 8.09%
1954 0.07%
1952 4.87%
Down Years
2011 -1.83%
2010 -5.20%
2009 -0.43%
2008 -8.55%
2007 -1.78%
2005 -0.01%
2002 -7.25%
2001 -2.50%
1994 -2.68%
1992 -1.74%
1991 -4.78%
1990 -0.90%
1989 -0.79%
1982 -2.11%
1981 -1.04%
1978 -1.76%
1974 -1.47%
1973 -0.66%
1972 -2.18%
1971 -0.93%
1970 -5.00%
1969 -5.56%
1966 -1.61%
1965 -4.86%
1963 -2.02%
1962 -8.18%
1961 -2.88%
1959 -0.27%
1953 -0.04%
1951 -2.42%
1950 -5.75%
STTRADIO Morning Show $USEI SpotLight With Hoss 6/1/2012 & General BS :}
Click Here To Watch Video
STTRADIO Morning Show $USEI Stock SpotLight With Hoss 6/1/2012 & General BS :}
Click Here To Watch Video
STTRADIO Morning Show $USEI SpotLight With Hoss 6/1/2012
Click Here To Watch Video
ya it has some classic moments no dought
Nice did not have that one on the watchlist Mahalos she is now :}
If you fall asleep during the show to our voices we did our Job Right :} Enjoy yOUR reST
Aloha Braddah Have A Good Weekend :]
Change in Nonfarm Payrolls RISES 69K vs 150K consensus, prior moth revised DOWN to 77K from 115K
Unemployment Rate UP to 8.2% vs 8.1% consensus, prior 8.1%
Change in Private Payrolls DOWN to 82K vs 164K consensus, prior revised DOWN to 87K from 130K
PCE Deflator (YoY) RISES 1.8% vs 1.9% consensus, prior 2.1%
Change in Manufact. Payrolls RISES 12K vs 15K consensus, prior revised DOWN to 9K from 16K
Personal Income RISES 0.2% vs 0.3% consensus, prior 0.4%
PCE Core (YoY) RISES 1.9% vs 1.9% consensus, prior 2.0%
Personal Spending RISES 0.3% vs 0.3% consensus, prior revised DOWN to 0.2%
Underemployment Rate (U6) UP to 14.8% from 14.5%
Avg Weekly Hours All Employees DOWN to 34.4 vs 34.5 consensus, prior 34.5
Discipline over Conviction
Aloha ;]
S&P 500 $SPX Support/Resistance
Resistance is now 1314 followed by 1315, 1318, 1319.74 (yesterday's high)
Support is now 1309 followed by 1306, 1303 and 1398.90 (yesterday's low)