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133%!! Revving up for the pm push!
Run and gun baby!
Volumes just popping off!!!
Nice call there on UYG SSB! Coming up on 3 bucks!!
Bring it on!!!
Gracias amigo! How about you?
Always bro. Always. :)
AVII 1.36 entry just smoked the 10davg.
Playing C? Nice one braaa!
Likewise dart. No complaints since we hit the double today! lol.
TNRI. Almost 60 million moved. +66.67%. EOM.
Morning dart! Caught me a bit of guard today but lovin it still!
Still going at 0.0005. Sweet!
TNRI running on an average pr, I'll take it any day! :)
I almost keeled over when for a brief second I saw +166%. lol.
It's a Titan reunion! What's up guys!
TNRI unleashed! 0.0007 +133%!
AVII 1.36. WLGC coming back in at 0.70.
Looking good Pink! Been awhile since I heard updatesfrom TNRI.
Lol. Titan Time!!! BOOOOYAAAA!!!
Sweet TNRI! +66.67%. :)
Before the bell: Stocks could recover after IBM's earnings, ahead of Geithner's confirmation
Posted Jan 21st 2009 7:49AM by Melly Alazraki
Filed under: Before the bell, International markets, Earnings reports, Market matters, International Business Machines (IBM), Economic data, BHP Billiton Ltd ADR (BHP), Oil
U.S. stock market futures were higher Wednesday morning, a day after markets plunged on inauguration day with the banking sector free falling. But International Business Machines (NYSE: IBM) surprised and guided higher, helping to offset the gloom over the financial stocks and announcements of more job cuts from BHP. Also, Treasury Secretary nominee Tim Geithner's confirmation hearing is in focus.
Overseas, world stock markets dropped Wednesday as investors focused on mounting bank losses that will deepen the world economic slump. This overshadowed President Obama's promises of change and hope.
Meanwhile, oil prices hovered below $41 a barrel Wednesday ahead of the weekly crude inventory numbers. No other economic news is on tap for today.
Thanks bro. You too! (well maybe not fun moving!) lol.
Nice. I like that casino location! lol.
Morning $oldier!
Sales of used goods increase
Posted Jan 21st 2009 4:00AM by Douglas McIntyre
Filed under: Apple Inc (AAPL), eBay (EBAY), Toyota Motor Corp. (TM)
Toyota (NYSE:TM) has introduced a new program to sell certified used hybrids. Consumers aren't buying the Prius in great numbers any more. Its technology makes it more expensive that similar gas-powered autos.
A walk along Fifth Avenue in New York City shows that Torneau, one of the top watch retailers in the world, is filling its windows with certified pre-owned watches. The showcase windows at the stores recently had only new time pieces.
The sales of used Apple (NASDAQ:AAPL) iPhones is increasing. New came out today that Gamestop (NYSE:GME) is finding that "used" is in vogue According to The Wall Street Journal, "What sets it apart from other game retailers is its virtual lock on used game sales." The retailer has figured out that some people simply can't afford games that are new.
Welcome to the "used" economy. By many measures, a new car losses 30% of its value the minute it drives off the lot. Most watches are marked up 40% when they are sold new. That premium disappears once it goes onto a buyer's wrist. If that seems hard to believe, go to the watch section on Ebay (NASDAQ:EBAY)
In an effort to pinch every penny consumers who must buy things are looking for goods that are in good shape but do not carry the premium of price that being the first owner does.
What's next? Used food.
Today's Scarface Special : WLGC (huge yesterday). AVII (momo). TNRI (stirring up again!).
GM Million!
You may want to keep an eye on WLGC and AVII. Could be good. :)
GM Dave and good luck with the move! :)
GM Traders! Capone's Watch List : WLGC (0.80). AVII (1.29). TNRI (0.0003).
Rise and Shine E EXPRE$$! Stocks in Europe, Asia Decline; U.S. Index Futures Advance
Email | Print | A A A
By Adam Haigh
Jan. 21 (Bloomberg) -- Stocks in Europe and Asia fell, sending the MSCI World Index lower for a third straight day, as concern deepened the global recession will erode profits. U.S. index futures advanced.
Barclays Plc and BNP Paribas SA tumbled at least 5 percent amid speculation banks may need to raise more capital. ThyssenKrupp AG, Germany’s largest steelmaker, declined 2.6 percent as Morgan Stanley advised clients to sell shares, saying 2009 may be the worst year for the industry on record. China Life Insurance Co., the nation’s biggest insurer, sank 7.5 percent after saying 2008 profit may have fallen by 50 percent.
The MSCI World lost 6.73, or 0.8 percent, to 815.68 at 11:04 a.m. in London. The measure has dropped 11 percent this year as companies from Alcoa Inc. to Deutsche Bank AG fueled concern the global recession will wipe out profit growth.
“We will doubtless see more capital having to be ploughed into banks,” said Andy Lynch, who oversees about $10 billion as a fund manager at Schroder Investment Management Ltd. in London and has an “underweight” position on the industry. “It’s been an atrocious quarter for most banks.”
Europe’s Dow Jones Stoxx 600 Index slipped 1.3 percent, while the MSCI Asia Pacific Index declined 2.1 percent. Futures on the Standard & Poor’s 500 Index rose 0.4 percent as International Business Machines Corp. forecast annual profits that beat analysts’ estimates.
Treasuries fell for a third day as traders added to bets inflation will quicken after President Barack Obama called on Americans to rebuild the economy.
Record Drop
The MSCI World has extended last year’s record tumble, erasing more than two thirds of a 23 percent rally since Nov. 20 as optimism that government measures and interest-rate cuts would revive the global economy evaporated.
In the U.K., unemployment rose at the second-fastest pace since 1991 in December as the worsening recession prompted companies from retailers to automakers to cut jobs. The pound fell to a record low against the yen and the weakest since 2001 versus the dollar.
Barclays, the U.K. lender that turned down government funding last year, lost 20 percent to 58 pence. BNP Paribas, France’s largest bank, dropped 5.6 percent to 22.37 euros.
French President Nicolas Sarkozy late yesterday agreed to provide a further 10.5 billion euros ($13.5 billion) in aid to the country’s biggest lenders in exchange for their top executives giving up bonuses.
Earnings Outlook
Analysts forecast earnings at financial companies in the Stoxx 600 will rise 42 percent in 2009 following a 59 percent slide last year, according to Bloomberg data. The benchmark index posted its worst annual slump on record in 2008 as more than $1 trillion in credit losses and writedowns eroded profits.
“The fourth quarter has been horrible so far,” said Philippe Gijsels, a Brussels-based senior structured-product strategist at Fortis Global Markets. “A lot of companies are trying to cope with a new reality,” he said in a Bloomberg Television interview.
ThyssenKrupp retreated 2.6 percent to 16.29 euros after Morgan Stanley lowered its recommendation to “underweight” from “equal weight.”
“2009 is shaping up to be the worst year for the industry on our records,” London-based Morgan Stanley analyst Ephrem Ravi wrote in a note to clients today. The brokerage also downgraded SSAB Svenskt Staal AB, the world’s largest supplier of high- tensile steel, to “underweight” from “equal weight.” The shares lost 2.6 percent to 55.75 kronor.
‘Fewer Passengers’
Angang Steel Co., China’s second-biggest steelmaker, plummeted 13 percent to HK$6.90 after saying earnings last year more than halved.
China Life slumped 7.5 percent to HK$20.30. Allianz SE, Europe’s biggest insurer by market value, slid 4.6 percent to 57.31 euros.
UBS AG cut its recommendation for EasyJet Plc and Air France-KLM Group to “sell” from “neutral,” saying in a note to clients “the global recession will mean higher unemployment and fewer passengers.”
EasyJet, Europe’s second-biggest discount airline, retreated 3.8 percent to 255 pence. Air France-KLM, the region’s biggest carrier, sank 3.2 percent to 7.54 euros.
Analysts estimate a 21 percent decline in profits for travel and leisure companies in 2009, following a 23 percent slump in 2008, Bloomberg data show.
Technology Shares
Technology stocks were led higher by Ericsson AB and IBM. Ericsson rallied 14 percent to 63.7 kronor as the world’s largest maker of wireless networks said fourth-quarter net income was 3.89 billion kronor ($460 million) on sales of 67 billion kronor and plans to deepen cost reductions and eliminate about 5,000 more jobs.
IBM added 3.3 percent to $84.67 in German trading. Net income will climb to at least $9.20 a share in 2009, IBM said yesterday. That topped the $8.75 average of analysts’ estimates compiled by Bloomberg. Fourth-quarter profit also exceeded projections, even as sales decreased.
Concern that stock losses will deepen remains elevated. The benchmark for European options, the VStoxx Index, added 2.9 percent to 55.09, for a 28 percent increase since the beginning of the year. The gauge, which measures the cost of using options as insurance against declines in the Euro Stoxx 50 Index, surged to 87.51 in October, the highest since at least 2001, data compiled by Bloomberg show.
Lol. What's happening today bro?
Morning Forum! WLGC 0.80 closed with smoking volumes. AVII and TNRI momo watch.
GM CC! Before the call: US Bancorp Q4 2008 results
Posted Jan 20th 2009 7:15PM by Trey Thoelcke
Filed under: Earnings reports, Forecasts
US Bancorp (NYSE: USB) is scheduled to discuss fourth-quarter 2008 results tomorrow in a conference call at 9:00 AM Eastern. Results will be presented by Richard K. Davis, chairman, president, and chief executive officer, and Andrew Cecere, vice chairman and chief financial officer. Dial 1-866-316-1409 (U.S. and Canada only) to listen to the conference call; the conference ID number is 78901067. To listen in to the webcast of the conference call, visit Q4 2008 U.S. Bancorp Earnings Conference Call (registration required).
Analysts surveyed by Thomson Reuters expect US Bancorp to report that earings for the quarter fell 58.5% from a year ago to $0.22 per share. Revenue for the quarter is expected to total $3.8 billion, 7.5% lower than a year ago. US Bancorp has fallen short of earnings estimates in three of the past five quarters, by as much as 31.2%.
For the full year, analysts are looking for earnings of $1.72 per share on revenue of $14.9 billion, compared to $2.43 per share and $13.9 billion in the previous year.
The consensus forecast for US Bancorp's long-term EPS growth is 7.6%, which is less than the S&P 500 average. The share price fell to a multiyear today and is about 49% lower than it was a year ago.
See BloggingStocks' US Bancorp coverage for more information concerning the Minneapolis-based company.
Morning SSB and loungers! Sales of used goods increase
Posted Jan 21st 2009 4:00AM by Douglas McIntyre
Filed under: Apple Inc (AAPL), eBay (EBAY), Toyota Motor Corp. (TM)
Toyota (NYSE:TM) has introduced a new program to sell certified used hybrids. Consumers aren't buying the Prius in great numbers any more. Its technology makes it more expensive that similar gas-powered autos.
A walk along Fifth Avenue in New York City shows that Torneau, one of the top watch retailers in the world, is filling its windows with certified pre-owned watches. The showcase windows at the stores recently had only new time pieces.
The sales of used Apple (NASDAQ:AAPL) iPhones is increasing. New came out today that Gamestop (NYSE:GME) is finding that "used" is in vogue According to The Wall Street Journal, "What sets it apart from other game retailers is its virtual lock on used game sales." The retailer has figured out that some people simply can't afford games that are new.
Welcome to the "used" economy. By many measures, a new car losses 30% of its value the minute it drives off the lot. Most watches are marked up 40% when they are sold new. That premium disappears once it goes onto a buyer's wrist. If that seems hard to believe, go to the watch section on Ebay (NASDAQ:EBAY)
In an effort to pinch every penny consumers who must buy things are looking for goods that are in good shape but do not carry the premium of price that being the first owner does.
What's next? Used food.
Trip ZZZ! Happy? Ecstatic! lol.
GM GA! Correlation is not causation
Commentary: Tuesday's drop has little to do with it being Inauguration Day
By Mark Hulbert, MarketWatch
Last update: 12:01 a.m. EST Jan. 21, 2009Comments: 19ANNANDALE, Va. (MarketWatch) -- The stock market greeted the inauguration of Barack Obama by plunging, with the Dow Jones Industrial Average falling 332 points, or 4%.
Were you surprised?
While I can understand being taken aback by the magnitude of the decline, you should not have been surprised by the sheer fact of the stock market was down on the day. That's because the stock market far more often than not has greeted new presidential terms with declines.
Consider that, of the 27 inaugurations that have occurred since the Dow was created in 1896, this index has declined on 19 of those days, or 70% of the time. To put that in context, consider that the Dow has declined on 48% of the rest of the market days since 1896.
(For those nitpickers among you: I didn't count FDR's first inauguration, which occurred during a banking holiday, when the stock market was closed for nearly two weeks. However, I did count the two inaugurations that occurred on a Saturday, focusing on those two occasions on what the stock market did on the subsequent Monday.)
Even more telling is that there appears to be no correlation between the Dow's direction on inauguration day and the stock market's direction over the subsequent four years.
Prior to Tuesday, for example, the worst inauguration-day performance for the Dow occurred in 1981, the first of Ronald Reagan's inaugurations. The Dow fell by 1.9% on that day, and though the stock market didn't do well for the next year and a half, a monumental bull market did begin in August 1982 -- a bull that didn't stop for good until March 2000, nearly two decades later.
So, unlike some commentators who are attempting to draw some political meaning to Tuesday's decline, the historical data suggest that the day's drop had little to do with it being Inauguration Day, and virtually everything to do with the same factors that have been relentlessly forcing the market down for a year and a half now.
One of those factors is sentiment, as I have been stressing in recent columns. According to my contrarian analysis of the consensus view of investment newsletter editors, there has yet to be the capitulation that typically marks major market bottoms.
(Read my Jan. 16 column)
I will say, however, that sentiment in recent days has finally taken steps in the right direction. The Hulbert Stock Newsletter Sentiment Index (HSNSI) dropped nearly 17 percentage points on Tuesday, bringing this sentiment benchmark to below where it stood at the Nov. 20 market low.
That's encouraging.
To be sure, the HSNSI still is well above where it stood early last July. So more work on the downside still appears likely.
But if the sentiment trends of recent sessions continue for several more weeks, odds that the bear market is nearing its end will maybe, just maybe, begin to grow.
Mark Hulbert is the founder of Hulbert Financial Digest in Annandale, Va. He has been tracking
WLGC looking ready to pop that 0.80.
NXPN 1.10. Still got some juice from last week.