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Dunno....last month profit was due to a write off of bad assets...I know their exposure to crap paper is very low
I would think they run like they've done for 2 years at the ea....unless something unexpected happens..
Home sales up 9.4% this last month should help
hey-
I heard that
and I expect the green fees will be on you now old man...
lol
Oil 78.11
in FNM 1.11
out 3.55/3.66....too early
GL today DC
added YRCW 3.33/3.32
PVTB -15.3% ,
CYOU -9.0% ,
BGC -7.5% ,
SMA -7.5%,
SOHU -7.1% ,
FMD -6.2% ,
AGP -3.5% ,
NOV -3.0%...
thx stuffit
GL today
I took such a big loss on FAZ back in March/april I cant afford not to ride RDN out...so stuck..
have my brother coming over..going to set him up with a TDA account this AM
applied for a graduate program at Emory in Atlanta in Anesthesiology....lets hope I get in...
otherwise same old same old...
how are you early?
long time no see...
still stuck in RDN YRCW...GL to all today...
N AMERICAN MORNING BRIEFING: Analyst Ratings ChangesLast update: 10/26/2009 6:46:24 AM
DJIA Futures 9962.0 +32.0 +0.3%
S&P 500 Futures 1081.5 +4.6 +0.4%
Nasdaq Futures 1759.25 +7.3 +0.4%
Above are as of 0615 ET
FTSE 100 5265.0 +22.4 +0.4%
Xetra DAX 5790.6 +50.3 +0.9%
CAC40 3832.9 +24.7 +0.7%
Above are as of 0615 ET
Nikkei 225 10362.6 +79.6 +0.8%
Hang Seng 22589.7 +379.2 +1.7%
Above are closing prices
SNAPSHOT: -U.S. stocks seen higher; Dollar down against yen; Treasurys lower; Brent crude higher; Gold little changed. -Watch for Chicago Fed national activity index at 0830 ET; Dallas Fed manufacturing outlook survey at 1030 ET; Chicago Fed midwest manufacturing index at 1200 ET. -IMF Kato: still too early for world to exit stimulus policies; Fed's Tarullo shakes up bank rules. U.S. MARKETS OUTLOOK: U.S. markets are called to open higher Monday, rebounding after a disappointing end Friday as futures take their lead from rising European and Asian equities. Manoj Ladwa from ETX Capital said that U.S. markets are still up on last week's positive results, but with earnings season winding down, this optimism may not last. "We're still seeing spiking to the upside but at current levels it's struggling and the market may be set for a pullback", he said. He added that a large bet on the market dropping by January put through Friday shows that there is still caution in the markets. "It sticks out like a sore thumb" he said. "Somebody still sees a pullback". With no important data due, traders will focus on 3Q earnings from Verizon, Corning and McGraw Hill. EQUITIES: In aviation, European regulators have told British Airways PLC (BAY.LN), AMR Corp.'s (AMR) American Airlines and Spain's Iberia Lineas Aereas de Espana SA (IBLA.MC) that they could be forced to give up take-off and landing slots if they want their tie-up to go ahead. Meanwhile, British Airways says there's no reason why it should be forced to concede slots at London's Heathrow Airport in order to gain approval to work more closely with American Airlines and Iberia on routes across the Atlantic. At 0637 ET, shares in AMR were down 7.1% in Frankfurt. Elsewhere, the pilots of Delta Airline's (DAL) Northwest Flight 188 told federal investigators that they lost track of time and location -- but never went to sleep -- when they failed last week to respond to air-traffic controllers for more than an hour, according to people familiar with the crew's statements. In pharmaceuticals, New York-listed pharmaceutical and chemical company Merck (MRK) said Monday that third-quarter net profit fell 28% due to higher research and development costs and a decline in chemicals profit, but the result still topped analyst estimates. Merck gave a more specific outlook for 2009 than before, with revenue growth of 2%, core return on sales of 17% and an operating result on a par with the 2008 level. The guidance misses the top end of its previously stated forecast range of revenue growth of up to 5% and core return on sales of 15% to 20%. At 0637 ET, shares in Merck were down 2% in Frankfurt. In financials, Capmark Financial filed for bankruptcy protection Sunday, wiping out the investment of several private equity firms including Kohlberg Kravis Roberts & Co (KFN) Goldman Sachs Group's (GS) Goldman Sachs Capital Partners and Five Mile Capital. The move, which was much expected, reflects woes in the business property market. According to the Wall Street Journal last week, the Horsham, Pa., company recently reported a $1.6 billion second-quarter loss and warned it might be forced to seek Chapter 11 bankruptcy protection. At 0638 ET, shares in Goldman Sachs were down 1.3% in Frankfurt. Elsewhere, Nelson Peltz, an activist investor in businesses ranging from diamond rings to hamburgers, is set to grab a seat on the board of Legg Mason (LM) after quietly accumulating a significant stake in one of the nation's biggest mutual-fund companies, The Wall Street Journal reports. In media, Netflix Inc. (NFLX) said it reached an agreement with Sony (SNE) to deliver movies over the Internet to Sony's PlayStation 3 game consoles, a deal that further expands the reach of Netflix's online video service to television sets, The Wall Street Journal reports. Meanwhile, Sony said Monday that its U.S. unit, Sony Optiarc America Inc., has received a subpoena from the antitrust division of U.S. justice department for information about its optical drive products business. FOREX: A rise in Asian stocks, as well as talk of Chinese reserve diversification, pushed the dollar lower in Europe. By 0530 ET, the dollar was down in Europe at Y91.80, while the euro was up at $1.5036 and the pound was flat at $1.6310. BONDS: U.S. Treasurys edge broadly lower in London as European and Asian equity markets rise, while this week's U.S. supply will add to bond market negativity. A heavy week of supply lies ahead, with the five-year U.S. linker auction, followed by $123 billion of two-, five- and seven-year issuance later in the week. The Treasury yield curve marginally flattens, with the two-year/10-year benchmark spread narrowing to 247.7 basis points from Friday's 248.9. The two-year note is down +/32 at 99 31/32, yielding 1.012%, the 10-year is unchanged at 102 2+/32, yielding 3.493%, with the 30-year bond down 4+/32 at 103 11/32, yielding 4.299%. Corporate bonds: Spreads on European credit-default swap indexes tightened in early trading Monday as market participants look ahead to a busy week of corporate earnings. At 0540 ET, the Markit iTraxx Crossover index was at 490/494 basis points, after closing Friday at 498 basis points. The Europe index was at 82/82 basis points, also tighter compared with Friday's close of 84 basis points. The market's attention this week will be on third-quarter earnings releases, with Banco Santander SA, Arcelor Mittal, Deutsche Bank AG and British American Tobacco PLC all scheduled to release their earnings. In single names news, Spanish telecommunications company Telefonica's five-year credit-default swaps edged wider Monday to 75/79 basis points, compared with Friday's close of 76 basis points, underperforming the broader market, according to Markit. The spread moves comes amid news that the company is planning to issue a 10-year, euro benchmark bond. And airport operator BAA five-year CDS continue to tighten Monday following the sale of Gatwick, amid a very quiet market, says a trader. The spread is quoted at 131 basis points Monday from a close Friday of 144 basis points, according to CMA DataVision. COMMODITIES: Positive sentiment is driving oil higher, therefore a downward correction to $70 a barrel is on the table, said JBC Energy Research Centre. U.S. crude stocks remain above their five-year average, OPEC spare capacity is still around 6 million barrels a day and there are massive amounts of products in floating storage around the world. "Investors are flooding money into oil markets to try and make a quick buck, despite many having had their fingers burnt last year when oil prices fell from their high of $147 a barrel to below $34 a barrel," said JBC. At 0550 ET, ICE January Brent traded down 33 cents at $79.36 a barrel, while Nymex December WTI traded down 44 cents at $80.06 a barrel. Spot gold remains supported above $1,050 a troy ounce in Europe and for the moment should stay between $1,040/oz and $1,065/oz, says James Moore of TheBullionDesk.com. Moore said traders continue to track dollar movements and broad risk sentiment. At 0550 ET, spot gold traded at $1055.30 an ounce, up 0.1% from late Friday in New York, while silver was at $17.68, up 0.1% from Friday's close. =======TODAY'S CALENDAR=======
ET COUNTRY/PERIOD
0830 US Sep Chicago Fed Natl Activity Index
1030 US Oct Dallas Fed Mfg Outlook Survey "
1200 US Sep Chicago Fed Midwest Mfg Index
============================== OTHER TOP STORIES OF THE DAY:
FED'S TARULLO SHAKES UP BANK RULES The rise of Daniel Tarullo, a lawyer with a longstanding interest in bank regulation appointed to the Federal Reserve Board by President Barack Obama, is a sign the era of light-touch bank regulation is over, The Wall Street Journal reports.
SENATE ON VERGE OF HEALTH BILL Top Senate Democrats are close to finalizing their health bill and could unveil a measure as soon as early this week that would include stiffer penalties on employers who fail to provide health coverage, The Wall Street Journal reports.
US COMPANIES EXPECT MORE HIRING, INVESTMENT SOON - NABE U.S. companies expect to hire and invest more over the next six months, in another sign that the economy is improving, a survey released Monday by the National Association for Business Economics shows.
BILL WOULD MAKE GOVERNMENT SEIZURE OF US COMPANIES EASIER-REPORT A bill to be introduced in Congress by a key ally of U.S. President Barack Obama would make it easier for the government to seize control of troubled financial institutions that are considered too big to be allowed to fail, The New York Times reported late Sunday.
MADOFF-CASE FIGURE PICOWER IS DEAD Jeffry Picower, a longtime friend of Bernard Madoff and a figure who had been under scrutiny in the criminal investigation surrounding Mr. Madoff's fraud scheme, died on Sunday in Palm Beach, Fla., according to police, The Wall Street Journal reports. -By Caroline Henshaw, Dow Jones Newswires; 4420-7842-9478; caroline.henshaw@dowjones.com
Earnings scheduled RioCan REIT (REI.UN.T) 3Q; analysts expect earnings of C$0.12 a share Toromont Industries (TIH.T) 3Q; analysts expect earnings of C$0.45 a share
Economic indicators (all times EDT) none scheduled
Stocks to watch Groupe Aeroplan (AER.T) and the Canadian Auto Workers union have agreed to a tentative labor agreement Gibson Energy has acquired about 1.3M units of Deepwell Energy (DWL.UN.T), or a 19.25% stake
Calendar items (all times EDT) Bank of Canada Governor Mark Carney speaks on the future of financial regulation at 9:10 a.m. in Montreal Canfor Pulp (CFX.UN.T) earnings conference call at 11 a.m. Toromont Industries (TIH.T) earnings conference call at 4:30 p.m.
Analyst rating changes Pacific Rubiales (PRE.T) started at outperform, C$17.75 target by Scotia
Bove Raises Morgan Stanley Target To $41/Share -Fox Business
Computer Prgms & Sys Raised To Mkt Perform From Underperform By Leerink Swann
Gentex Corp. Raised To Outperform By Wells Fargo
Netflix Raised To Hold From Underperform By Needham
ScanSource Raised To Buy From Hold By KeyBanc
Skilled Healthcare Group Raised To Buy From Hold By Jefferies
Stock Rating Reiterations Closing Update: TROW
Union Bankshares Corp Raised To Outperform From Mkt Perform By KBW
Wells Fargo Had Gentex Corp. At Mkt Perform
(END) Dow Jones Newswires
GM all
GM stuffit
will be gone all day
GL today
Good morning...stopped by to see you a few times but you weren't in..
have a big test at noon...will try and stop by tonight
fwiw stuck in RDN big and holding YRCW too from yest AH
GL today
grabbed YRCW at 3.59 AH
still stuck in RDN
one other insurer had a terrible EA
RDN and PMI fell as a result
I'm stuck in 45K RDN from 9.70 average...that's why I've not been on and trading lately....GL griff
lol...1/3 of the way to my paycheck
hehehe
youll be fine then
gl...hope you have time on your side..
how are you old man....long time no see...holding about 40K RDN from 9/10....stuck....just grabbed some FAZ in case we see a step back today...
Oil 71.15
Futures
North/Latin America
INDEX VALUE CHANGE OPEN HIGH LOW TIME
DJIA INDEX 9,715.00 -32.00 9,750.00 9,771.00 9,708.00 08:31
S&P 500 1,059.60 -4.20 1,063.20 1,067.10 1,058.60 08:31
NASDAQ 100 1,708.00 -8.50 1,714.00 1,717.00 1,707.00 08:31
GM all
congrats DC...I'm so proud of you I'll smoke this cigarette and think of how brave you are...
haha
j/k
I'll probably be joining you soon...
Out USO 36.14 from 33.00's....rolled it all into RDN 10.61/10.62....busy with school...hope you guys are doing well
GM all
happy birthday griff
have you seen this board lizzy?:
http://investorshub.advfn.com/boards/board.aspx?board_id=15338
Nice
GL
have a good day...I'm taking off today..just going to hold these USO for a day or two til oil bounces to $70+
GM all
boring day...loaded up on USO
1.95?...thx
lol
k...off to school..will watch on BB...GL to all
see you friday..I have a busy day tomm and thurs at school
fwiw early look at C Jan 2011 leaps
good for trading though...
those pennies are almost 1%'s here...
I hear talk FRE to 3$...would be nice...need djia to stay green to push it...
added 1.73..in heavy now...cmon djia stay up...k...let's go..