Investment

» Inya Ivkovic - The WSJ - "Markets at Risk for Additional Shocks"

http://online.wsj.com/article/SB12025634...

» Inya Ivkovic - The WSJ - "Proposed Mining Megadeal Could Make the Earth Move"

http://online.wsj.com/article/SB12027576...

» Inya Ivkovic - The WSJ - "Dow Reflects Volatility in the Economy"

http://online.wsj.com/article/SB12027859...

» Inya Ivkovic - The WSJ - Rally Killer: Crude at $100 Weighs on Dow

http://online.wsj.com/article/SB12034784...

» Inya Ivkovic - The WSJ - Beset by Recession Worry, Dow Slides

http://online.wsj.com/article/SB12036555...

» permabear - Bad times for stocks could last many years

Is a secular bear market upon us?

http://www.investmentnews.com/apps/pbcs....

-- posted by permabear

» permabear - What are stock market investors smoking?

CPI rises to 7.1%, worst in 11 years

Retail sales fall but prices surge

Leading indicators point to approaching recession

Philly Fed index well below forecasts

US - NY Empire State manufacturing index collapsed to -11.72 in February vs 9.03 in January

Existing-Home Sales Slip in January as Some Potential Buyers Wait on Sidelines

Home sales fall 36%; condos down 63%

S&P: US Home Prices Down Sharply

Energy, food push January's PPI 1% higher
Year-over-year increase highest since 1981; monthly core PPI up 0.4%

US consumer confidence plummets: survey

U.S. Jan. ISM nonmanufacturing index falls sharply to 41.9%

Oil Hits $100 A Barrel

-- posted by permabear

» Jas_Jain - Re: What are stock market investors smoking?

In response to What are stock market investors smoking? posted by permabear:

--
Trying to explain why dopes do what they do is not a very meaningful exercise.

Scam Lovers, for the past ten years, are the easiest to identify dopes (the Scam Options fraud was too obvious to ignore). For bears with conviction it is another opportunity to accumulate shorts. I sold half of my long-term puts during declines and high volatility and I am ready to buy back some puts as the put prices fall.

Jas

-- posted by Jas_Jain

» BoltonCT - Wall Street recognizes when significant bottom is in place.

This was the bad news yesterday while the DJI was up almost 1% and the S&P was up 0.7%.
Home price plunge accelerates
Stocks set back at the open
Wholesale prices surge in January
Crude futures rise to near trading record
The dollar sank to a record low against the euro
Home Depot issues bleak outlook
Bond insurer MBIA wants tax relief
Target's profit hit by slowing sales
Wall Street wakes up to fresh nightmare
U.S. consumer confidence fell to the lowest level in five years
Wholesale inflation picked up, limiting the Federal Reserve's room to maneuver as it tries to avert a recession

Bad reported news like this shows the news media is on the bandwagon again. Just as we only were told the good news when the market was at its peak, now we hear only the bad news at its relative bottom. So we can be quite sure the funds are about 60-40 net shorting the current market and 60-40 is about as extreme as they ever get. That means we are in for a good run-up in prices as they are forced to cover or several will possibly face insolvency. The WS crowd states the news so it biased to favor their position. Fools fall for the trick and bought at the high and are now supporting the hedge funds by shorting. So the fools right now are the ones who are continuing to short. The smart short investors who shorted near the highs are taking profits where they can.

Now it is apparent we are due for a significant advance. Astute investors on Wall Street see signs of a bottom.

Bad news Tuesday didn't upset investors, adding to bets that the worst for stocks may be over - for now. By Alexandra Twin, CNNMoney.com senior writer, February 27 2008: 3:37 AM EST

The only bad WS news today is that Bernanke will be opening his mouth again. That usually results in panic just from the fear and bewilderment he projects. However if this is indeed a strong rally the market will advance again today.

Asian markets are up dollar averaging well over 1.5%. European markets are down dollar averaging about 0.5% but are waiting to see if the American market rallies after an expected lower American opening.

Big secret, "Google advertising is not that good"
Internet advertising is not paying and is vulnerable to the slowdown according to new search-ad data. Everyone knew that but motley and the creamer. Google is awash with cash because their stock price is so inflated they can use their overpriced stock to buy low PE companies and inflate their apparent income the way that the "conglomerates" did it. That lasted until LTV taught the world that it was an accounting trick not anything good about LTV itself in the 1970s.

The report from research firm comScore Inc. showing a decline in the number of consumer clicks on Google Inc. search ads in January amplified existing concerns about the effect of a broader economic slowdown on the Internet. Google's income increases have decelerated over the past year and their first big loss is now on the radar screen.

-- posted by BoltonCT

» permabear - Wall Street recognizes when significant bottom is in place.

In response to Wall Street recognizes when significant bottom is in place. posted by BoltonCT:

I'm hearing this talk about January 22 being the bottom all over the financial media. It is true that the market has bounced from those lows. But I have trouble figuring out what the catalyst is going forward to move the market higher.

Right now the market is moving higher on expectations of more Fed rate cuts and the stimulus package. The problem is that the U.S. economy isn't just facing a problem with slower growth. It's also facing the problem of accelerating inflation. Bernanke today reaffirmed the Fed's priority focusing on growth, meaning more rate cuts. While the stock market is semi cheering the news, the currency exchange markets aren't. The dollar index is now a new all-time lows, exceeding the 40 year lows of the past. Commodities are at all-time highs. Gold, which in previous economic days, used to be thought of as a good inflation gauge, is screaming higher and is also at all-time highs. Long-term interest rates have reversed from their lows and are now heading higher. While the stock market appeared to shrug off the unseemly CPI and PPI inflation data of the past several days, at some point the market will have to start focusing on it. Inflation is an insidious problem. It is the crazy aunt in the attic. The Fed can't just keep lowering rates and throwing liquidity at the American economy without repurcussions. As many precious metals pundits post at the end of their bullish rants: Got gold???

-- posted by permabear