This page has been archived and commenting is disabled.
Frontrunning: January 5
- Fed May Keep Easing at `Full Throttle' Until Jobless Rate Falls (Bloomberg)
- Goldman Employees Blocked From Facebook Get Tutorial (Bloomberg)
- U.S. Shopping Center Vacancies Rise as Unemployment Rate Climbs (Bloomberg)
- Oil falls below $89 on dollar strength (Reuters)
- China's 2010 GDP Likely to Grow 10%: PBOC Chief (China Daily)
- U.S. stresses need to reduce China trade imbalance (Reuters)
- The Smart Money Girds for a Drop in Stocks (Barrons)
- Rogoff Says Greece May Yet Face Default on Its Debts (Bloomberg)
- China to invest $106b in railways in 2011 (China Daily)
- U.S. Economy Overheating? We Should Be So Lucky (Bloomberg)
- Australian Central Bank to Weigh Floods in Next Rate Move (WSJ)
- SNB Confirms Exclusion of Irish Bonds as Repo Collateral (WSJ)
- For Spain, Real-Estate Outlook Appears Bleak (WSJ)
- Tycoon's Death Stiffs IRS Century After Grandfather Fought Tax (Bloomberg)
Economic Highlights:
- Europe Composite PMI 55.5 - higher than expected.Consensus 55.0. Previous 55.0.
- Europe PMI Services 54.7 - higher than expected.Consensus 53.7. Previous 53.7.
- France PMI Services 54.9 - higher than expected. Consensus 54.1. Previous 54.1.
- Germany PMI Services 59.2 - higher than expected. Consensus 58.3. Previous 58.3.
- Italy PMI Services 50.2 - lower than expected.Consensus 53.5. Previous 54.4.
- UK Construction PMI 49.1 - lower than expected.Consensus 51.0. Previous 51.8.
»
- 2151 reads
- Printer-friendly version
- Send to friend
- advertisements -
The beatings will continue until morale improves.
yes, and until ALL Hampton vacation home mortgages are able to be paid in full.
Took my eye off the futures for a minute and they just went vertical. CNBC must be saying all the right things this morning. BTFD, chumps.
They're all foaming at the mouth over the ADP number (which equates to seasonal extra Wal-Mart greeter hirings)
Oil falls on dollar strength.
That about sums up the whole crap-bag we have right there.
Oil falls. On dollar strength. Gold falls, Silver falls.
On Dollar Strength.
stocks rise.....on dollar strength.
Price-less.
ORI
http://aadivaahan.wordpress.com/2011/01/05/stairwell-sigtar/
Frontrun for 1/5
1. The FTSE falls today...after rising yesterday to "catch up" which is simply more proof that the most powerful forces in the world wide markets are mindless, software-riddled machines.
2. Drug companies that suck at getting new drugs approved for human use will finally fall today...especially those in the European theatre ;)
3. Larry Kudlow will pants another criminal syndicate Wall Street banker today. I predict this not because I have faith in Larry...but because I perceive that he is on a roll. Whichever criminal syndicate Wall Street banker that gets pants'd by Larry should be remembered and mocked here for the rest of time, btw. [As for E. Burnett, she returns to being adorable only]
4. The World's largest petroshrimp maker will be volatile today as software programs try to figure out how to make this supremely stupid Wall Street idea work...[finally failing in upward momentum sometime between now and next Tuesday @ 11:30 am est]. For the life of me, I simply cannot imagine why several Fast Money folk have decided to hang their hat on a company that is about to be sued into never never land...but WTF do I know? I thought the market hated uncertainty.
5. The world's largest and coolest aerospace company will continue to outperform bulldozers....as obscenely greedy criminal syndicate Wall Street bankers try to capture gains on the later before it implodes 'cause the PE on that thing is 31...[you freakin' heard me right....which gets a great big DUH.]
6. China sucks wind this week. Why? Because that place is on fire with inflation...and communist central planners are probably already working on pointing the finger of blame and telling their friends to sell stuff before the shtf phase is at hand there. [BTW...#5 and #6 are linked, if you know what I mean.]
7. Burritos...well, let's put it this way: with the obvious rising food input costs, plus mall locations largely going almost vacant in the months to come, plus this being "last year's good idea," let's just say that burritos are going down for about the next five months. This way, I won't have to keep repeating how stupid it is to build a franchise around a $9-$11 burrito [depending on the Novartis products purchased after consuming one] in the middle of a freakin' economic depression. If you need a visual of what I am talking about, just refer to a KKD chart beginning in about Jan 2001...you should get the drift pretty quickly about what is going to happen here.
8. The Blow Horn goes crazy about the ADP number revealing how selective they are when talking about economic indicators, all much to Ben Bernanke's chagrin because he is counterfeiting money because the economy sucks so bad...or some such thought. Only later will it be revealed that the ADP simply counted folk working 20 hrs at the Gap for one month. Hence, once again, and because they simply cannot do their jobs, the Blow Horn will lead sheep to slaughter in the US stock market.
9. The bank known as Blight on America will consider simply committing harry carry today....because it simply has to be exhausting to be the Blight on America bank. Another day, another massively disgusting headline, another day of criminal syndicate Wall Street bankers trying to figure a good reason for it to go up anyway[because the DOW really, really needs it to]. Good grief [and by that I mean ug...I just threw up in my mouth a little thinking about BofA.]
10. Little Miss Euro ends her weeks long bender by leaning into the railing and hurling. Later on, she misses her, eh hem...special friend...prompting her to take a home pregnancy test. The test is positive and the father will later be proven to be none other than Ben Bernanke. What? Like that would surprise any of you after his "intervention" two Fridays ago.
Good luck out there in this travesty of a market.
Can someone provide an explanation on why Silver is getting absolutely HAMMERED in the last 48 hours? 31 to 28 and change is midn boggling.
I like this statement: "Fed May Keep Easing at `Full Throttle' Until Jobless Rate Falls".
Isn't that like saying: "The floggings will continue until morale improves.
Read the very first comment of the thread.
Maybe: "The floggings will continue until the reading starts.