Playing the I fund

[Birchtree]

Japanese business spending rose 12% in the third quarter, marking the third straight period of double-digit percentage expansion for the world's second biggest economy. Corporate pretax profits rose 16% in the quarter ended in September from a year earlier - that was the fastest rise in six quarters.

The pace of growth in third-quarter capital spending, including investment in software, was slower than the second quarter's 17% climb. It also undershot the first quarter's 14% rise. But the July-September results marks the 14th straight quarter of expansion, and economists said it provides no reason to be pessimistic. The number itself is a bit smaller than the previous period. But it's a double-digit figure, suggesting that the trend of capital expenditures remains strong. Business spending, excluding software investment, rose 11.9% from a year earlier. Nonmanufacturers' spending surged 15%, up for the 12th straight quarter - isn't that a solid trend? Corporate profitability is healthy. Silver Bells.

 

[ATCJeff]

WOW! Look at the dollar fall....

http://quotes.ino.com/chart/?s=NYBOT_DX&v=s&w=5&t=f&a=2

 

[ChemEng]

Swirling around the drain about now...

 

[350zCommTech]

Early Estimate: down .142% or 3 cents. But rising.

 

[350zCommTech]

Down .098% or 2 cents.

 

[Gilligan]

At the rate that the US markets are going, this could be a +FV day.

 

[350zCommTech]

At the rate that the US markets are going, this could be a +FV day.

Yup, I was thinking the same thing.

 

[fedgolfer]

... so, y'all staying away from the I fund if they take it back on Monday?

 

[350zCommTech]

... so, y'all staying away from the I fund if they take it back on Monday?

Dollar shooting up big. Might be a -FV now.

 

[350zCommTech]

As of right now, the I fund is looking at a -FV of 10 cents, for a total of -12. The only thing that might save the I fund today is for the USM to rally big.

If I had a few more minutes this morning, I would have jumped in the I .

 

[fedgolfer]

... sweet, so they could be paying givin' that back on Monday?! I hope you're right 350z. And, I hope Daisy Duke does a good spit shine on your bumper this weekend. Happy drivin'.

 

[350zCommTech]

... sweet, so they could be paying givin' that back on Monday?! I hope you're right 350z. And, I hope Daisy Duke does a good spit shine on your bumper this weekend. Happy drivin'.

LOL..... Yes, they should pay it back on Monday.

 

[350zCommTech]

MSCI says down .051% or 1 cent.

With a -10 FV, total will be -11 cents.

 

[ATCJeff]

As of right now, the I fund is looking at a -FV of 10 cents, for a total of -12. The only thing that might save the I fund today is for the USM to rally big.

If I had a few more minutes this morning, I would have jumped in the I .

Holding steady @ 100%

 

[fedgolfer]

MSCI says down .051% or 1 cent.

With a -10 FV, total will be -11 cents.

... and on the charts that -11 cents sits exactly at a point that was once topped out resistance. If monday proves support... set if off!!!

 

[pogo]

MSCI says down .051% or 1 cent.

With a -10 FV, total will be -11 cents.

i know it has been explained before but can you explain why you figure a negative 10 for fv

 

[ebbnflow]

There was a -FV because the dollar rose only after the European market closed and an increase of more than +.5% was enough to trigger the -FV.

G 11.68 even
F 11.17 -.04
C 15.58 +.03
S 18.91 even
I 21.71 -.15

Still a bummer for the F-fund. Hmmmm...

 

[350zCommTech]

There was a -FV because the dollar rose only after the European market closed and an increase of more than +.5% was enough to trigger the -FV.

G 11.68 even
F 11.17 -.04
C 15.58 +.03
S 18.91 even
I 21.71 -.15

Still a bummer for the F-fund. Hmmmm...

Wow, a -14 FV. That's a first for me. Before today, I've only seen FV of 10 or 20. Just when you think you got it figured out, they go and change things on you...

Btw, between the close of the OSM and the close of the USM, I had the dollar up .670% or -14.5 cents. Barclays might have based their calculations on that exact dollar figure.

 

[fedgolfer]

Wow, a -14 FV. That's a first for me. Before today, I've only seen FV of 10 or 20. Just when you think you got it figured out, they go and change things on you...

Btw, between the close of the OSM and the close of the USM, I had the dollar up .670% or -14.5 cents. Barclays might have based their calculations on that exact dollar figure.

... like the guys from Guiness, "BRILLIANT!"

 

[Birchtree]

Germany is the I fund wunderkind right now - they are carrying the rest of the eurozone and more than likely will continue to do so, even after the vat increase. They have essentially de-coupled from the U.S. economy and have a stronger internal growth pattern that will persist for many years.