The "up-to-the-minute Market Data" thread

reply to post by Hx3_1963


I think that's an error. Textron is headed for the gutter after losing 90% of their value in the last 9 months, but its been a steady fall for them.

I hear you...I have been very focused on reading everything I can lately almost tot he point of losing sleep and have realized,with the help of this site as well,that many,no most are simply clueless.

So they wouldn't "rush the banks" unless the 5:00 news spews the info and they won't.

You are genius,thanks.

reply to post by burdman30ott6
huh...that's why I put that disclaimer in there...

It didn't look right to me, but, I've seen some pretty scary number latley...


@ irishchic
Star 4 U!
Don't feel bad...ask Red...I haven't slept much latley either...


Besides the Job Report tomorrow, whats on the schedule?

[edit on 3/4/2009 by Hx3_1963]

Sleep? The Borg known as Hx3 doesn't sleep

After hours damages going on

Ford (F) -14%
Gymboree (GYMB) -38%

Annaly Capital Management, Inc (NLY)
NLY March 09

$13 call Vol=8340 OI=745 Ratio = 11.19 times
$12 put Vol=12462 OI=76 Ratio = 163.97 times

That's some bad juju going on there

New York, March 04, 2009 -- Moody's Investors Service changed its rating outlook on JPMorgan Chase & Co and subsidiaries to negative from stable.
JPMorgan Chase & Co.'s (JPM) senior debt is rated Aa3 and the ratings on
its lead bank, JPMorgan Chase Bank N.A., are B for bank financial strength (BFSR) and Aa1 for long-term deposits.

From a 50 pager on Bloomberg script service, not on regular yet...

HOLY CRAP

Bair Says Insurance Fund Could Be Insolvent This Year (Update1)

March 4 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair said the fund it uses to protect customer deposits at U.S. banks could dry up amid a surge in bank failures, as she responded to an industry outcry against new fees approved by the agency.

“Without these assessments, the deposit insurance fund could become insolvent this year,” Bair wrote in a March 2 letter to the industry. U.S. community banks plan to flood the FDIC with about 5,000 letters in protest of the fees, according to a trade group.

“A large number” of bank failures may occur through 2010 because of “rapidly deteriorating economic conditions,” Bair said in the letter. “Without substantial amounts of additional assessment revenue in the near future, current projections indicate that the fund balance will approach zero or even become negative.”

Full story at Bloomberg

I can't believe they admitted this in public!!!

Who is still keeping money in a bank?

[edit on 3/4/09 by redhatty]

reply to post by redhatty
Sounds like the masses are betting NLY & GE will be sleepin' with the fishes, according to them put's...

Fords equity announcement's what killin' them...GM talks stalled also...
Less than 3 weeks to go on those deadlines...*BUZZ* and the losers are...

This is gettin' just plain hopeless...cut yer dividend to preserve capitol...take a hit...don't...take a hit...

Just no way to satisfy scared to death investors...



Edit: Saw that FDIC news earlier...just to the point of the hell with it???

[edit on 3/4/2009 by Hx3_1963]

Man I was watching the DOW/S&P all day going... Why are these going up!? All the reports and news are shouting that everything is getting worse and they are going up.

Then it hit me. People are trying to make a quick profit before the markets totally crash in a week.

Meteor of Stock Death INC! Count down... 7... 6...

reply to post by redhatty
Star 4 U...again!
Sleep is irrelevent...resistance is futile...you WILL be assimilated by the NWO...

I can always sleep after the collapse of civilization & the internet...nuttin' else to do between food scroungin' dutys...

NZSE 50 2,508.11 5:22PM ET 38.77 (1.57%)

@ Tentickles
I'd call it a "pump-n-dump" move, but, there's no logic to some of these moves...hopes & fears...emotion trades...change minute to minute/day to day/Gov announcement to Gov announcement...


[edit on 3/4/2009 by Hx3_1963]

reply to post by Hx3_1963


Asia is reacting to news that China is considering a Stimulus.

Hence a pump. Buy the rumor, sell the news.

The small rally here was completely expected, go back a few pages :-)

It's the tanking AFTER this rally that is going to be painful

[edit on 3/4/09 by redhatty]

Specialist Firms Pay $70 Million to End SEC Claims (Update2)

Spend $70 million to get away with billions in essentially stolen money.
Anybody tired of the SEC yet?

[edit on 4-3-2009 by projectvxn]

Originally posted by redhatty
reply to post by Hx3_1963

 

Asia is reacting to news that China is considering a Stimulus.

Hence a pump. Buy the rumor, sell the news.

The small rally here was completely expected, go back a few pages :-)

It's the tanking AFTER this rally that is going to be painful

[edit on 3/4/09 by redhatty]

Oh I remember...a Stander insight or yours?
*fog swirls in brain*

I stated earlier that it's gonna be a let down.

When the masses realize China, as a Gov, is rich enough to spend stimulus money, it's population, is poor enough not have enough purchasing power to sustain a world economy...



Edit: I just luv Wall St jargon...

Glancing through headlines, it appears worldwide zirp is in the makings eh?

Does anyone actually kept track of how much has been put into this mess...as in a Worldwide total?
hhhmmm

Puerto Rico's governor says 'government is bankrupt'
edition.cnn.com...

Chinese leaders to consider welfare for all
edition.cnn.com...

eeewww...how did I miss this???


[edit on 3/4/2009 by Hx3_1963]

Well here's some news that *might* inspire a rip your face off rally

ICE Trust Receives Approval From Federal Reserve to Clear Credit Default Swaps

Federal Reserve Press Release on it

Bloomberg on it

March 4 (Bloomberg) -- The Federal Reserve Board approved Intercontinental Exchange Inc. proposal to clear trades in the $27 trillion credit-default swap market.

Atlanta-based Intercontinental still needs the Securities and Exchange Commission to sign off on its plan. Intercontinental spokeswoman Sarah Stashak declined to comment on when the company may receive SEC approval. The Intercontinental plan has the backing of eight major dealers including JPMorgan Chase & Co. and UBS AG. It will compete with plans by four other clearinghouse owners in the U.S. and Europe.

Regulators on both sides of the Atlantic are driving separate plans to stabilize the market after American International Group Inc., once the world’s largest insurer, almost went bankrupt last year from its use of credit-default swaps. The unregulated, privately traded contracts stymied government efforts to assess bank credit risk because the full range of trades between dealers was unknown.

“For the Fed it’s a great step,” said Mark Williams, a finance professor at Boston University. “It’s another brick to rebuild credibility in the credit markets so we don’t have a future AIG.”

They still need SEC approval, but this could be the spark to a MAJOR rally

Ok, so if FDIC asks for bailout money I guess that is pretty much the end of the road, right?

I mean by that time people have to have figured out that all we are doing at that point is taking out a few billion dollar loan in order to pay ourselves. At least I would hope so.

We know China has the money to bail there economy out, for whatever it is worth, but that in turn means less money to loan us.

So I guess just regular business during a market melt down, we might see a positive gain tomorrow, but come Friday a moderate sell off, then depending on news over the weekend, we can see the crash as soon as next week?

I don't like this one bit.

I know it is anybody's guess, but if they are talking FDIC bailouts you can consider the world cooked, as in I hope you like your steak chard because that is what we will be. I guess.

reply to post by redhatty
HOLY ZOWIE COW PIES!!!

Watch 'em climb Wall St when/if this happens!!!




Oh...Star 4 U!!!


Edit: SEE I'm not a Bloomberg Webbot...

[edit on 3/4/2009 by Hx3_1963]

reply to post by Hx3_1963


Is this the rally everyone says we will have before it completely crashes?

Everyone i hear keeps saying there will be a rally...then a huge drop.

Do you guys see this happening?

reply to post by redhatty


Instead of fleecing us for 10+ trillion dollars why didn't they just do that before, seeing how oh you know, it is probably the single most important problem in all this crap?

reply to post by David9176


Yeah David the huge dump is inc as we speak. It'll happen this month and get worse and worse till the summer of hell.

I quote:

As industry after industry lines up for government handouts and large scale money printing to meet those demands escalates, the depressionary bought will, by mid year, turn into a raging inflationary bonfire. Savings will disappear over night. Add to this continued mass layoffs that will reach another 2 to 3 million people, and an unofficial unemployment rate of 15%+ (official US statistics are so doctored as to make them worthless), a series of wars that will continue to drain lives and treasure and the dashed hopes of tens of millions and the US is in for a very hot and horrid summer.

Predictions for 2009

[edit on 4-3-2009 by Tentickles]

reply to post by Hastobemoretolife
I know CBOE was trying to get this market, but, in the end who cares!

Wonder how long SEC will sit on this?
Better not be long...we're halfway down a tall icy hill and it's gettin' steeper...faster...

Imagine...+$8T on the side waitin'...

It just sounds to good to be true...what's the catch???

Edit: I hope this isn't THEIR version of "buy on the rumor, sell on the news"
Talk about the ultimate "pump-n-dump"!!!


[edit on 3/4/2009 by Hx3_1963]

reply to post by Hx3_1963


The catch is we lose our civil liberties to the government. Just wait for it. As more businesses fail the government will take more control.

Edit: I love the new avatar Hx3!

[edit on 4-3-2009 by Tentickles]

reply to post by David9176


Yes David, that is exactly what I see happening.

I also expect a few more days like yesterday - where, while during the trading day it goes up and down, in the end it is basically flat - very small gains or losses.

Depending on how tinfoil you want to get, there's that guy Reinhardt, well he talks about the next Legatus meet in the 1st week of May.

I think we will make it from the next rally into early summer, then all bets are off.

Of course, this is just IMHO - and nothing I say should be used as trading advise *legal disclaimer

Originally posted by Hx3_1963
It just sounds to good to be true...what's the catch???

The only catch I can see is that it will ONLY be effective for NEW CDS, not the existing ones that are toxic.

Once the people figure that out, all bets are off