Market News

[burrocrat]

The hard/important part is guessing when it will be reached.

that is the easy part, i can tell you exactly when, after they kneel and yield to their money masters. the real question now is does the offer still stand.

 

[userque]

that is the easy part, i can tell you exactly when, after they kneel and yield to their money masters. the real question now is does the offer still stand.

LOL...I mean when as in date--day?, week?, or month?.

I'm sure there will always be an offer (just as you can always get a car loan--regardless of credit); the question now is: what will the terms/cost/amount-of-required-flesh-in-pounds be?

 

[burrocrat]

what will the terms/cost/amount-of-required-flesh-in-pounds be?

the answer to the question is two. it is always two. it is too much.

 

[userque]

the answer to the question is two. it is always two. it is too much.

You're seem to be correct.

Doesn't sound promising. :worried:

Europe has made Greece a terrible offer, and the Greek government thinks it's 'very bad'

Europe has made Greece a terrible offer, and the Greek government thinks it's 'very bad' - Yahoo Finance

 

[DreamboatAnnie]

LOL...I mean when as in date--day?, week?, or month?.

I'm sure there will always be an offer (just as you can always get a car loan--regardless of credit); the question now is: what will the terms/cost/amount-of-required-flesh-in-pounds be?

I maybe 100% wrong but I venture to guess no deal by Wednesday. More pain is needed before Greece agrees, and that realization may come too late...I bet Grexitt! With that in mind, I am looking to exit S and C...Monday if markets not down too much.

 

[userque]

I maybe 100% wrong but I venture to guess no deal by Wednesday. More pain is needed before Greece agrees, and that realization may come too late...I bet Grexitt! With that in mind, I am looking to exit S and C...Monday if markets not down too much.

I agree with your thinking. Monday can go either way, imo. We'll know soon enough.

 

[konakathy]

what will the terms/cost/amount-of-required-flesh-in-pounds be?

Austerity won't be much fun, but neither is dieting. Maybe some bitch slapping would be in order.

 

[userque]

Austerity won't be much fun, but neither is dieting. Maybe some bitch slapping would be in order.

LOL.......^5:laugh:

 

[userque]

Belgian PM tweets there is 'agreement'


http://www.cnbc.com/2015/07/13/greek-latest-europe-leaders-edge-towards-compromise.html

EDIT:
Greece and euro zone 'unanimously' reach deal

http://www.cnbc.com/2015/07/13/greek-latest-europe-leaders-edge-towards-compromise.html

 

[Dutchy]

Action shifts to Greek Parliament to approve bailout deal.

Greece Capitulates to Creditors

 

[James48843]

Someone pointed out to me that the entire Greek debt that is being discussed ($ 320 billion U.S. dollars) , is less than 1/5th of the cost of the F-35 contract that Washington continues to fund. (Estimated now at a $1.4 TRILLION dollars by the time production is finished.)

Heck, we could take on and pay off all of Greece's debt with the price of a few fighter-jets.


Everything is relative.

 

[weatherweenie]

Intel posted second-quarter earnings of 55 cents per share on revenue of $13.2 billion. Wall Street had expected Intel to deliver quarterly earnings per share of 50 cents on $13.04 billion in revenue, according to consensus estimates from Thomson Reuters. Shares of Intel surged as high as 8 percent in extended hours.

 

[weatherweenie]

Greek Parliament votes in favor of bailout plan

 

[weatherweenie]

US weekly jobless claims total 281,000 vs 285,000 estimate

 

[weatherweenie]

US created 142K jobs in Sept vs 203K expected

 

[weatherweenie]

Private job growth edged lower in October, with companies adding 182,000 new jobs as economic growth cooled, according to a report from ADP and Moody's Analytics.
The growth actually was a shade better than the 180,000 expected, according to FactSet, but was in keeping with a reduced pace of employment growth across the U.S. economy. The total declined from the 190,000 in September, a number that in itself was revised lower from the originally reported 200,000.

 

[weatherweenie]

[h=1]US trade deficit at $40.8B in Sept. vs $41.1B expected[/h]

 

[weatherweenie]

[h=2]US created 211K jobs in Nov vs 200K jobs est; unemployment rate at 5%[/h]

 

[weatherweenie]

[h=1]US weekly jobless claims total 293,000 vs 278,000 estimate[/h]

 

[weatherweenie]

I'm surprised AAPL isn't tanking after this news: [h=1]Apple beats on earnings, misses revenue and iPhone units; Q2 sales guidance below consensus[/h]