Wow, that's quite a project. I'm tired just looking at it. I'm sure it will turn out great. Don't work too hard, though.
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Show-me Account Talk
- Thread starter Show-me
- Start date
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CountryBoy
Well-known member
Very impressive Show-me. That's one thing I wouldn't want to do ever again. I worked on a housing crew one summer after HS and it was hard as heck on a 18 yo, no way I'd attempt it now.
You Da Man!
CB
mikeaer
New member
Show-me
Well-known member
Big week ahead on Wall Street
One year after Lehman Brothers, the stock market is right back where it was. Beyond the anniversary, reports on the consumer loom.
By Alexandra Twin, CNNMoney.com senior writer
September 12, 2009: 6:52 AM ET
more at link..........
http://money.cnn.com/2009/09/12/markets/sunday_lookahead/
Back at '08 levels: But the rally, sharp though it has been, has merely returned the major indexes to right where they were a few weeks after Lehman's collapse. Wall Street's mood is also roughly back to where it was right before the collapse.
The CBOE Volatility index, or the VIX, Wall Street's fear gauge, closed Friday at the lowest point since Sept. 8, 2008. Typically, the VIX and the stock market move in opposite directions.
Despite calls for a fall selloff, stocks have so far managed to hang on to gains this month and even move higher.
"What's interesting is that the economy was worse a year ago and the market was higher than it is now, which suggests we still have room for stocks to keep rising," said Paul Brigandi, vice president of trading at Direxion Funds.
On the downside, trading volume has been light, Wall Street insiders have been selling and so-called average investors have been pulling money out of stock and stock mutual funds.
Tracker Trim Tabs said equity mutual funds and ETFs are on track to post the first monthly outflows since March.
Investors who have remained on the fence or who have cashed out will sort through the next wave of economic news for confirmation that a recovery is brewing or that the market has way outpaced any stabilization.
Economy
Monday: One day ahead of the Tuesday anniversary of Lehman's bankruptcy filing, President Obama will speak in New York about the steps his administration has taken to try to contain the crisis and prevent that kind of collapse from happening again.
Tuesday: August retail sales are due in the morning from the Commerce Department. Sales are expected to have risen 1.9% after falling 0.1% in July, according to a Briefing.com survey of economists. Sales excluding autos are expected to have risen 0.4% after falling 0.6% in July.
The Producer Price index, a measure of wholesale inflation, is expected to have risen 0.8% in August after falling 0.9% in July. The so-called Core PPI, which strips out volatile food and energy costs, is expected to have risen 0.1% after falling 0.1% in August.
The Empire State manufacturing index for September is also due before the start of trading. The index is expected to have risen to 15 from 12.8 in the previous month.
A report on business inventories is also due during the day, but it is not typically a market mover.
Wednesday: The Consumer Price index, a measure of consumer inflation, is due in the morning. CPI is expected to have risen 0.3% in August after showing no change in July. The so-called core CPI is expected to have risen 0.1% after rising 0.1% in July.
August capacity utilization and industrial production are also due in the morning, along with the weekly oil inventory report.
Thursday: August housing starts and building permits are due from the Commerce Department. Starts and permits had dipped in July after showing some improvement in June. Investors will be looking to see some stabilization in the August numbers.
The weekly jobless claims numbers from the Labor Department are also due on Thursday. The number of Americans filing new claims for unemployment is expected to have risen to 555,000 from 550,000 in the previous week.
Continuing claims, a measure of those receiving benefits for a week or more, is expected to have risen to 6.114 million from 6.088 million in the previous week.
The Philadelphia Fed index for September is also due.
Friday: The federal government will release state-by-state employment reports for August.
Friday is also the quadruple options expiration, a quarterly event when stock index futures and options, and individual stock futures and options are all expiring at the same time. That can create volatility in the days leading up to the expiration and the day of the expiration.
Company results
Tuesday: Best Buy (BBY, Fortune 500) is expected to report quarterly earnings of 41 cents per share in the morning versus 48 cents a year ago, according to a consensus of analysts surveyed by Thomson Reuters.
After the close, software maker Adobe Systems (ADBE) is expected to report quarterly earnings of 34 cents per share versus 50 cents a year ago.
Wednesday: After the close, Oracle (ORCL, Fortune 500) is expected to report quarterly earnings of 30 cents per share, versus 29 cents a year ago.
Thursday: FedEx (FDX, Fortune 500) reports quarterly results before the start of trading.
Last week, FedEx boosted its forecast to 58 cents per share versus an earlier call for a profit of 44 cents per share, due to stronger international results and cost cutting. The package delivery firm earned $1.23 per share a year ago.
One year after Lehman Brothers, the stock market is right back where it was. Beyond the anniversary, reports on the consumer loom.
By Alexandra Twin, CNNMoney.com senior writer
September 12, 2009: 6:52 AM ET
more at link..........
http://money.cnn.com/2009/09/12/markets/sunday_lookahead/
Back at '08 levels: But the rally, sharp though it has been, has merely returned the major indexes to right where they were a few weeks after Lehman's collapse. Wall Street's mood is also roughly back to where it was right before the collapse.
The CBOE Volatility index, or the VIX, Wall Street's fear gauge, closed Friday at the lowest point since Sept. 8, 2008. Typically, the VIX and the stock market move in opposite directions.
Despite calls for a fall selloff, stocks have so far managed to hang on to gains this month and even move higher.
"What's interesting is that the economy was worse a year ago and the market was higher than it is now, which suggests we still have room for stocks to keep rising," said Paul Brigandi, vice president of trading at Direxion Funds.
On the downside, trading volume has been light, Wall Street insiders have been selling and so-called average investors have been pulling money out of stock and stock mutual funds.
Tracker Trim Tabs said equity mutual funds and ETFs are on track to post the first monthly outflows since March.
Investors who have remained on the fence or who have cashed out will sort through the next wave of economic news for confirmation that a recovery is brewing or that the market has way outpaced any stabilization.
Economy
Monday: One day ahead of the Tuesday anniversary of Lehman's bankruptcy filing, President Obama will speak in New York about the steps his administration has taken to try to contain the crisis and prevent that kind of collapse from happening again.
Tuesday: August retail sales are due in the morning from the Commerce Department. Sales are expected to have risen 1.9% after falling 0.1% in July, according to a Briefing.com survey of economists. Sales excluding autos are expected to have risen 0.4% after falling 0.6% in July.
The Producer Price index, a measure of wholesale inflation, is expected to have risen 0.8% in August after falling 0.9% in July. The so-called Core PPI, which strips out volatile food and energy costs, is expected to have risen 0.1% after falling 0.1% in August.
The Empire State manufacturing index for September is also due before the start of trading. The index is expected to have risen to 15 from 12.8 in the previous month.
A report on business inventories is also due during the day, but it is not typically a market mover.
Wednesday: The Consumer Price index, a measure of consumer inflation, is due in the morning. CPI is expected to have risen 0.3% in August after showing no change in July. The so-called core CPI is expected to have risen 0.1% after rising 0.1% in July.
August capacity utilization and industrial production are also due in the morning, along with the weekly oil inventory report.
Thursday: August housing starts and building permits are due from the Commerce Department. Starts and permits had dipped in July after showing some improvement in June. Investors will be looking to see some stabilization in the August numbers.
The weekly jobless claims numbers from the Labor Department are also due on Thursday. The number of Americans filing new claims for unemployment is expected to have risen to 555,000 from 550,000 in the previous week.
Continuing claims, a measure of those receiving benefits for a week or more, is expected to have risen to 6.114 million from 6.088 million in the previous week.
The Philadelphia Fed index for September is also due.
Friday: The federal government will release state-by-state employment reports for August.
Friday is also the quadruple options expiration, a quarterly event when stock index futures and options, and individual stock futures and options are all expiring at the same time. That can create volatility in the days leading up to the expiration and the day of the expiration.
Company results
Tuesday: Best Buy (BBY, Fortune 500) is expected to report quarterly earnings of 41 cents per share in the morning versus 48 cents a year ago, according to a consensus of analysts surveyed by Thomson Reuters.
After the close, software maker Adobe Systems (ADBE) is expected to report quarterly earnings of 34 cents per share versus 50 cents a year ago.
Wednesday: After the close, Oracle (ORCL, Fortune 500) is expected to report quarterly earnings of 30 cents per share, versus 29 cents a year ago.
Thursday: FedEx (FDX, Fortune 500) reports quarterly results before the start of trading.
Last week, FedEx boosted its forecast to 58 cents per share versus an earlier call for a profit of 44 cents per share, due to stronger international results and cost cutting. The package delivery firm earned $1.23 per share a year ago.
Show-me
Well-known member
Wall Street Stealth Lobby Defends $35 Billion Derivatives Haul
By Christine Harper, Matthew Leising and Shannon Harrington
Aug. 31 (Bloomberg) -- Wall Street is suiting up for a battle to protect one of its richest fiefdoms, the $592 trillion over-the-counter derivatives market that is facing the biggest overhaul since its creation 30 years ago.
Five U.S. commercial banks, including JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp., are on track to earn more than $35 billion this year trading unregulated derivatives contracts. At stake is how much of that business they and other dealers will be able to keep.
“Business models of the larger dealers have such a paucity of opportunities for profit that they have to defend the last great frontier for double-digit, even triple-digit returns,” said Christopher Whalen, managing director of Torrance, California-based Institutional Risk Analytics, which analyzes banks for investors.
The Washington fight, conducted mostly behind closed doors, has been overshadowed by the noisy debate over health care. That’s fine with investment bankers, who for years quietly wielded their financial and lobbying clout on Capitol Hill to kill efforts to regulate derivatives. This time could be different. The reason: widespread public and Congressional anger over the role derivatives such as credit-default swaps played in the worst financial crisis since the Great Depression.
“Public sentiment isn’t very much in their favor,” said Richard Lindsey, a former director of market regulation at the U.S. Securities and Exchange Commission who worked at Bear Stearns Cos. from 1999 to 2006, referring to Wall Street firms. “In some places, they’re not going to have anybody who wants to listen to them.”
Bad Omen
In a bad omen for the industry, the Obama administration kept the details and timing of its plan to regulate the derivatives markets under wraps before making it public earlier this month.
http://www.bloomberg.com/apps/news?pid=20601109&sid=agFM_w6e2i00
By Christine Harper, Matthew Leising and Shannon Harrington
Aug. 31 (Bloomberg) -- Wall Street is suiting up for a battle to protect one of its richest fiefdoms, the $592 trillion over-the-counter derivatives market that is facing the biggest overhaul since its creation 30 years ago.
Five U.S. commercial banks, including JPMorgan Chase & Co., Goldman Sachs Group Inc. and Bank of America Corp., are on track to earn more than $35 billion this year trading unregulated derivatives contracts. At stake is how much of that business they and other dealers will be able to keep.
“Business models of the larger dealers have such a paucity of opportunities for profit that they have to defend the last great frontier for double-digit, even triple-digit returns,” said Christopher Whalen, managing director of Torrance, California-based Institutional Risk Analytics, which analyzes banks for investors.
The Washington fight, conducted mostly behind closed doors, has been overshadowed by the noisy debate over health care. That’s fine with investment bankers, who for years quietly wielded their financial and lobbying clout on Capitol Hill to kill efforts to regulate derivatives. This time could be different. The reason: widespread public and Congressional anger over the role derivatives such as credit-default swaps played in the worst financial crisis since the Great Depression.
“Public sentiment isn’t very much in their favor,” said Richard Lindsey, a former director of market regulation at the U.S. Securities and Exchange Commission who worked at Bear Stearns Cos. from 1999 to 2006, referring to Wall Street firms. “In some places, they’re not going to have anybody who wants to listen to them.”
Bad Omen
In a bad omen for the industry, the Obama administration kept the details and timing of its plan to regulate the derivatives markets under wraps before making it public earlier this month.
http://www.bloomberg.com/apps/news?pid=20601109&sid=agFM_w6e2i00
Show-me
Well-known member
http://www.briefing.com/GeneralCont...estor&ArticleId=NS20090908090815TheBigPicture
What It All Means
There are some obvious cross currents that suggest the stock rally since mid-July isn't all it is cracked up to be. At the least, these cross currents suggest there isn't as much faith in the robust recovery view that the stock market would have one believe there is.
That's not to say the stock market is wrong. It is a leading indicator and it will eventually be proven right; however, take note that it has jumped the gun before and has been forced to return to the starting line.
Since earnings and economic comparisons are going to be very easy in the next few quarters, the stock market could very well have more room to run.
The pace at which it runs, though, should be slowed by headwinds that include weak consumer spending, reduced business investment, higher taxes, higher interest rates, deterioration in the commercial real estate market, and a frustratingly slow recovery in residential housing.
The next 50% move up in the market isn't going to be as easy as the last 50%.
If you're not aiming to be more cautious right now, you should at least be less speculative. The easy money has been made and the time is now to be favoring high quality companies over high beta stocks.
What It All Means
There are some obvious cross currents that suggest the stock rally since mid-July isn't all it is cracked up to be. At the least, these cross currents suggest there isn't as much faith in the robust recovery view that the stock market would have one believe there is.
That's not to say the stock market is wrong. It is a leading indicator and it will eventually be proven right; however, take note that it has jumped the gun before and has been forced to return to the starting line.
Since earnings and economic comparisons are going to be very easy in the next few quarters, the stock market could very well have more room to run.
The pace at which it runs, though, should be slowed by headwinds that include weak consumer spending, reduced business investment, higher taxes, higher interest rates, deterioration in the commercial real estate market, and a frustratingly slow recovery in residential housing.
The next 50% move up in the market isn't going to be as easy as the last 50%.
If you're not aiming to be more cautious right now, you should at least be less speculative. The easy money has been made and the time is now to be favoring high quality companies over high beta stocks.
Show-me
Well-known member
RIM's 2Q profit falls on charges, outlook weak
RIM posts lower 2nd-quarter profit due to patent settlement; shares fall on soft 3Q sales view
AP - In this photo made Tuesday, Sept. 22, 2009, a user demonstrates the e-mail function on a BlackBerry Bold ...
http://finance.yahoo.com/news/RIMs-...html?x=0&sec=topStories&pos=main&asset=&ccode=
RIM posts lower 2nd-quarter profit due to patent settlement; shares fall on soft 3Q sales view
- <LI class=byline>By Rob Gillies, Associated Press Writer
- On Thursday September 24, 2009, 7:48 pm EDT
http://finance.yahoo.com/news/RIMs-...html?x=0&sec=topStories&pos=main&asset=&ccode=
Show-me
Well-known member
Personal note.
I got my blood test back............. it went down. First time in eleven years it has went down with out removing a tumor first. I'm not really sure if it is accurate or if it is a possible freak fluctuation but it did go down. Calcitonin went from 247 to 207 and CEA from 7.6 to 6.2 and that buys me another six months. 16% to 18% reduction is good news!
Thanks in advance for thoughts, prayers, and well wishes!
I'm slowly getting my life back together. Got the porch built and the shingles on the roof. I have to redesign a crappy design job I did in living room and then it is electrical and ceiling drywall and then insulation.
I got my blood test back.............
it went down. First time in eleven years it has went down with out removing a tumor first. I'm not really sure if it is accurate or if it is a possible freak fluctuation but it did go down. Calcitonin went from 247 to 207 and CEA from 7.6 to 6.2 and that buys me another six months. 16% to 18% reduction is good news!Thanks in advance for thoughts, prayers, and well wishes!
I'm slowly getting my life back together. Got the porch built and the shingles on the roof. I have to redesign a crappy design job I did in living room and then it is electrical and ceiling drywall and then insulation.
Personal note.
I got my blood test back.............
Good news Show-me.
CountryBoy
Well-known member
Great News Show-me, that really brightened my day.
CB
CB
sdouglas3
Member
Personal note.
I got my blood test back.............
Thanks in advance for thoughts, prayers, and well wishes!
I'm slowly getting my life back together. Got the porch built and the shingles on the roof. I have to redesign a crappy design job I did in living room and then it is electrical and ceiling drywall and then insulation.
Awesome, keep it up!
Gumby
Active member
Personal note.
I got my blood test back.............
Thanks in advance for thoughts, prayers, and well wishes!
I'm slowly getting my life back together. Got the porch built and the shingles on the roof. I have to redesign a crappy design job I did in living room and then it is electrical and ceiling drywall and then insulation.
Show-me
Thanks for sharing the good news. Hope things continue to improve for you.
Steadygain
TSP Elite
Personal note.
Hey man - I'm Buster's 714 and I'll be yours too; can't get more personal than that.
I got my blood test back.............
This upbeat sentiment and faith - will make it do down a whole lot faster. Of course there is a danger in me saying this as some might think I'm saying 'your condition is based on your faith' - but what I'm saying is STRESS is by far our worst enemy and it makes all conditions (all mental health conditions as well) get worse a whole lot faster.
First time in eleven years it has went down with out removing a tumor first.
We can view 'The FIRST TIME' as a new beginning....
My first kiss was when I took Jan to the school dance...
My first Karate instruction began with...
My first experience with Ultra Completion....
and these can be LIFE CHANGEING EVENTS that bring us greater happiness and more fulfullment ~~ a broader understanding of life
I'm not really sure if it is accurate or if it is a possible freak fluctuation but it did go down. Calcitonin went from 247 to 207 and CEA from 7.6 to 6.2 and that buys me another six months.
Your Spirit of Optimism clearly shows 'It is for REAL'
To Him be all praise and glory
Thanks in advance for thoughts, prayers, and well wishes!
This is WONDERFUL MY BROTHER AND FRIEND - you may remember a guy called Squalebear ... getting stronger and stronger.
This is good in that it gives 'us' even more incentive to keep praying and to pray harder.
I'm slowly getting my life back together.
One day at a time my friend ... keep it going and don't get wrapped up in the BS.
Got the porch built and the shingles on the roof. I have to redesign a crappy design job I did in living room and then it is electrical and ceiling drywall and then insulation.
Let me know when you've got these projects done .... as there are about 472, 840 others we have lined up for later on.
This news makes everything else totally insignificant -- thanks for sharing.
- Status
