Market Talk / July 9 - 15

[TiCKed]

Can anyone explain the jump starting around 1:30pm today? It may not hold.....but I haven't seen any news to 'splain it.

(Not that I'm complaining. )

"It may not hold".....I'm a pretty good seer too! Notice I said, "May not"...which obviously indicates that it "May" as well.

I'm 100% today.

 

[Dave M]

Unusual

All four funds finished in the green today. We all win! The dust gathers itself into a whirling mass.

Dave

 

[tsptalk]

Dave - Are you getting the share prices early somewhere or are you assuming? I have to wait until 7PM ET to get the tsp.gov share prices.

 

[sugarandspice]

G-+.01
F-+.01
C-+.06
S-+.08
I--.02

 

[nnuut]

A drug induced clairvoyance, I guess, right Sugar?

 

[nnuut]

EXACTLY! You're awesome sugar.
Come off of the secret, you devil!

 

[Fivetears]

July 11, 11:14 pm ET - Delphi Reports $2.4 Billion Loss for 2005 in Delayed Annual Report Due to GM Production Cuts
The company, which filed for bankruptcy protection in October, blamed the loss of $4.21 per share on accounting charges, price pressures from a reduction in GM's North American vehicle production and increased costs for raw materials. Delphi's bottom line should benefit later this year from the departure of 12,600 workers represented by the United Auto Workers who took early retirement offers. The company has replaced some of the workers with people hired at far lower hourly wage rates. Even more Delphi workers could leave as buyout offers are extended to most of its remaining hourly workers.
http://biz.yahoo.com/ap/060711/earns_delphi.html?.v=10

 

[The_Technician]

Israel going at it again with the Hamas. This time it looks like full scale war is imminent....

http://news.yahoo.com/s/nm/20060712/ts_nm/mideast_dc


Also, it looks like the dollar has dropped to its low against the Euro and should be strengthening for the near future....of course that is a matter of global events...

 

[Wizard]

July 11, 11:14 pm ET - Delphi Reports $2.4 Billion Loss for 2005 in Delayed Annual Report Due to GM Production Cuts
The company, which filed for bankruptcy protection in October, blamed the loss of $4.21 per share on accounting charges,

Delphi trades at $1.50 per share.

Do the math. :embarrest:

 

[Wizard]

8:30 AM ET 7/12/06 U.S. TRADE DEFICIT UP 12.8% YEAR-TO-DATE

I guess it is not going down after all. Who would of guessed?

Originally Posted by Birchtree
But there is better news on the way - the budget deficit is being reduced because of tax revenues and the trade deficit is being reduced because of a competitive dollar and increased exports with a reduction in imports. This leads me to be very positive. Snort, snort.

 

[JOVARN]

This Week's Calendar.
Date ET Release For Actual Briefing.com Consensus Prior Revised From
Jul 12 08:30 Trade Balance May -$63.8B -$64.0B -$65.0B -$63.4B -$63.3B
Jul 12 10:30 Crude Inventories 07/07 NA NA -2421K
Jul 13 08:30 Initial Claims 07/08 320K 320K 313K
Jul 13 14:00 Treasury Budget Jun $19.0B $20.0B $22.9B
Jul 14 08:30 Export Prices ex-ag. Jun NA NA 0.6%
Jul 14 08:30 Import Prices ex-oil Jun NA NA 0.6%
Jul 14 08:30 Retail Sales Jun 0.4% 0.4% 0.1%
Jul 14 08:30 Retail Sales ex-auto Jun 0.3% 0.3% 0.5%
Jul 14 09:50 Mich Sentiment-Prel. Jul 85.0 85.5 84.9
Jul 14 10:00 Business Inventories May 0.4% 0.4% 0.4%

 

[JOVARN]

FYI ABOVE INFO CAN BE FOUND AT http://www.briefing.com/Investor/Public/MarketAnalysis/Calendars/EconomicCalendar.htm

 

[James48843]

Delphi trades at $1.50 per share.

Do the math. :embarrest:

Yes, Delphi lost over 4 bucks a share, and trades now at 1.50 a share.

The bad news: Delphi is losing money, went bankrupt, and the shares are trading at a buck and a half a share.

The good news: In March, you could have bought Delphi shares at just 42 cents. Now it is worth a buck and a half.

And the 4.29 a share loss represents a huge charge for buyouts of all those thousands of employees who no longer have jobs.

As the artilce said: "The red ink is an improvement over 2004, when the company had a net loss of $4.8 billion, or $8.59 per share."

Result: The people making $11 an hour now at Delphi are making your car's brake pads. Does that make you feel better?

(Touchy subject here in Michigan.)

 

[Wizard]

Yes, Delphi lost over 4 bucks a share, and trades now at 1.50 a share.

That is not the way it works.

 

[teknobucks]

heads up folks>>>>>>>>>

http://www.clickondetroit.com/news/9502377/detail.html

 

[Fivetears]

You have got to be kidding.
First Drugs... Now Bad Meat.

heads up folks>>>>>>>>>

http://www.clickondetroit.com/news/9502377/detail.html

 

[Pilgrim]

Markets are dropping pretty good. It seems that a number of factors are all working together (oil supplies just reported down, for example). If the fear persists we will overshoot and have a good chance of a bounce tomorrow. (All we need is a little good earnings news to jump back up.)

On the other hand, these short-term factors may melt away and the market recover this afternoon.

Given the trading deadline we live with, anyone want to guess??

 

[Spaf]

Markets are dropping pretty good. It seems that a number of factors are all working together (oil supplies just reported down, for example). If the fear persists we will overshoot and have a good chance of a bounce tomorrow. (All we need is a little good earnings news to jump back up.)

On the other hand, these short-term factors may melt away and the market recover this afternoon.

Given the trading deadline we live with, anyone want to guess??

Maybe ask Nnutt! Over at "Oil Slick Stuff". He's da oil man!

BTW: Stock Trader's Almanac 2006 "Best Six Months" Still an Eye-Popping Strategy. November 1st through April 30th.
FYI: This is the 13th of July. Kind of like going the wrong way down a one-way street.............:cheesy:

 

[Wizard]

Nation's Capital Declares Crime Emergency

http://www.breitbart.com/news/2006/07/12/D8IQH9P05.html

 

[Spaf]

USS Market
The Ship 500​

She is a waving her pennant!
A consolidation on the trend chart, a basis for the higher low. The key will be the breakout. If in the direction of the trend then she continues up. if not. She will be taking on water.