Thanksgiving Week Housekeeping
Thanksgiving week posting schedule:
Monday, Tuesday, Wednesday - normal schedule
Thorsday - Open Thread
Friday - Open Thread
Weekend - Open Thread
We will post an extra thread if there are too many comments, but I expect it will be slow for the long weekend.
I will be on vacation from tomorrow until the Monday, November 29th. I might check in if I have an opportunity.
Have a great week and Thanksgiving!
Advancing full steam here.
ReplyDeleteTomorrow I'll post it, just need a little more time.
I considered to post part today and the rest tomorrow but for clarity's sake I prefer to put all the stocks (that I get info) all together.
Sorry for the delay.
Dan
I love how the deflation vs inflation debate has devolved into the usual boring confirmation bias bs. If you believe inflation is about to take off, you'll find dozens of charts and price histories to back up your pre conceived opinions, these people I have noticed always tend to remove housing from their data sets. If you believe in deflation, you'll do the same.
ReplyDeleteSo basically, believe whatever it is you feel like believing because even the "experts" cannot agree on where we currently are, let alone where we're heading.
re Thor:"experts" cannot agree. Economics is not an exact science, there are several schools of thought, which may oppose on a given topic. Despite my interest for this field, that's one reason I'm glad my job has nothing to do with it:the tools(theories) on which their actions are based are just probabilities, nothing can never be taken for granted.All that semi-randomness would drive me mad in the long run I think..
ReplyDeleteTalking about probabilities....
ReplyDeleteTechnical talk: Not convinced that corner has been turned
"Internals were not as impressive as the point gain, thus we are not convinced that this corrective wave is over yet. We clearly need to see follow-through on better internals to be convinced the corner has been turned."
I'm still in the correction camp myself. All bets are still on.
@Wolfie: Economics is not a "science", period. There, fixed it for you.
ReplyDeleteProbably you've seen this already :U.S. in Vast Insider Trading Probe. "The criminal and civil probes, which authorities say could eclipse the impact on the financial industry of any previous such investigation, are examining whether multiple insider-trading rings reaped illegal profits totaling tens of millions of dollars, the people say."
ReplyDeleteSeems Lloyd may have to distribute tips again.
Wolfie - I'm with you, I think we still have some more correction left.
ReplyDeleteLet's all give a great big "DUH" to our favorite grandpa
ReplyDeleteWarren Buffet: The Trickle Down Theory Has Failed
I vote Warren Buffet for being the most clueless billionaire in America. Just today this fact finally dawned upon him and he had to share his epiphany with the rest of America:
"Billionaire Warren Buffett rebutted claims that the Obama administration is unjustly hurting business orders with high taxes by saying that in fact, the wealthy have never had it so good."
I don't know, what subtle clues could he possibly pick up on, hmmm, 10 million people unemployed, millionaire congressmen willing to give themselves more tax breaks but no unemployment insurance to families, or maybe it was the explosion our our national debt in the past 10 years.
Such a sharpie, that Warren. No wonder Obama gave him The Medal of Freedom!
Denise - Let's not forget Hussein Obabma was the recpeient of the Novel Peaze Prize.
ReplyDeleteMutt
Hah
ReplyDeleteGood Lord I'm done! but more of a the first step,a first round, it's not posible to view in detail so many charts at once so I go back to them and post more this Tuesday.
ReplyDeleteRemamber the example about the airliner pilot and how the shorts failed because most of them were dragged by the trend anyways.
So this only applies if the market move sideways with at least a positive slant or of course if the equity market goes up.
I put them in groups and chances to move above the average. But again I need to keep studying them what I saw is not enough.
Above average
XOM-MA
TDW
PLCE-PVG-HTS
URBN
SLV
So so (but the'll follow the trend closely anyways)
BJ-DRQ-VAR-BKE
Laggards
MW-DFS-DKS-KLAC-MEE
NTAP
RL
MIPPS ?
The remaining trhee are foreign companies and is very difficult to have consistency over a period of time because too much information from here and the original country makes hard to even try to pinpoint movements.
That's why it took me that much time to jump on BP months ago.
Schlumberger started in Paris 1920 but by 1940 move it's HQ to Houston so I consider it a native company.
More this coming Tuesday.
Dan
Other "shoe" about to drop on this fraudclosure issue?
ReplyDeletehttp://www.nakedcapitalism.com/2010/11/countrywide-admits-to-not-conveying-notes-to-mortgage-securitization-trusts.html#comments
Heard on the radio on my way in this morning that Greece has a whopping 400 BILLION in debt racked up with a population of 11.3 million. Has anyone else heard this number as well? I haven't been able to verify it. If so . . .my god, they'll never pay this debt off, why even attempt to do so?
ReplyDeleteHave started seeing this more and more in my friends Facebook posts. The shocking thing, is that many of my closest friends linking to this are up in San Francisco!
ReplyDeleteThe Truth and Reason Party of America