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Wednesday, February 18, 2009 12:22:38 PM
Prepare For Glory, PPT Users
Posted by The Fly Tuesday, 7:12 pm 2
prepare-for-glory-ppt-users

Jeremy and I spent the last 8 month of our lives developing this shit for you assholes. You better be grateful and pay homage to us for providing this service.

With that in mind, feel free to inundate Jeremy with lots of questions, while I just kick back and bowl on you dick affixers..
Posted in Uncategorized
Market Overview
Average Technical Score: 1.38 Strong Sell
Average Fundamental Score: 3.59 Buy
Average Hybrid Score: 2.33 Sell

Top 10 Ranked Stocks
All Ranked Stocks
Rank Symbol Hybrid Hyb. Chg. (Daily) Hyb. Chg. (Weekly)
1 TSYS 4.18 +12.97% +6.28%
2 TEVA 4.14 +10.4% +9.28%
3 IPCR 4.05 +37.29% -2.63%
4 RNT 4.05 +29.39% +54.58%
5 PEGA 3.99 +14.33% +12.13%
6 SIGM 3.99 +9.32% +17.75%
7 IAG 3.89 +6.28% +4.36%
8 ORH 3.87 +4.31% -9.39%
9 SNDA 3.83 +27.24% +29.93%
10 WW 3.8 +40.74% +5.57%

Bottom 10 Ranked Stocks
All Ranked Stocks
Rank Symbol Hybrid Hyb. Chg. (Daily) Hyb. Chg. (Weekly)
1 ELN 0.97 +19.75% -15.04%
2 PACW 1.21 +28.72% -4.72%
3 VRSN 1.28 +14.29% -20.13%
4 SUI 1.31 +13.91% +4.8%
5 CDZI 1.35 -4.93% +15.38%
6 OSTK 1.37 +25.69% -11.11%
7 OZM 1.37 +25.69% +3.82%
8 SFSF 1.38 +3.76% -22.6%
9 IPI 1.41 -7.24% -35.87%
10 CEL 1.43 +23.28% +4.38%

Top 10 Ranked Industries
All Ranked Industries
Rank Industry Hybrid Hyb. Chg. (Daily)
1 Home Health Care 3.25 +3.49%
2 Drugs – Generic 3.02 +6.14%
3 Consumer Services 2.91 +8.65%
4 Education & Training Services 2.90 +12.07%
5 Auto Parts Stores 2.80 +15.61%
6 Healthcare Information Services 2.79 +2.52%
7 Foreign Utilities 2.76 +8.37%
8 Gold 2.74 -3.08%
9 Information & Delivery Services 2.71 +13.47%
10 Medical Laboratories & Research 2.71 +11.19%

Bottom 10 Ranked Industries
All Ranked Industries
Rank Industry Hybrid Hyb. Chg. (Daily)
1 Semiconductor- Memory Chips 1.78 +10.61%
2 Publishing – Newspapers 1.80 +13.31%
3 Residential Construction 1.88 +7.84%
4 Movie Production, Theaters 1.95 +13.28%
5 Photographic Equipment & Supplies 1.96 +12.48%
6 Real Estate Development 1.97 +8.46%
7 Textile Industrial 1.97 +7.27%
8 Major Airlines 1.98 +9.22%
9 Office Supplies 1.99 +15.15%
10 Regional – Mid-Atlantic Banks 1.99 +11.50%

Top 10 ETFs
Rank Symbol Technical Score
1 CMD 4.39
2 DRR 4.19
3 DTO 4.19
4 SCO 4.19
5 JJP 4.14
6 TLH 4.09
7 IAU 4.08
8 MBB 4.03
9 SZO 3.94
10 DEE 3.89

Bottom 10 ETFs
Rank Symbol Technical Score
1 JJA 0.73
2 QQXT 0.73
3 IWW 0.78
4 DPN 0.78
5 ELV 0.78
6 FVI 0.78
7 PFI 0.78
8 DJP 0.79
9 DVY 0.79
10 PEY 0.79

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Unusual Volume
BEAT, VOLC, PEGA, SNCR, MTXX

NYSE Percentage Gainers
MBI, VMI, MIG, ES, DVR, ROC, FNF, PRO, DRL, BXC

NASDAQ Percentage Gainers
WAYN, LOJN, CHUX, BCAR, VRTB, CVLY, PFMG, FBMS, WWWW

NYSE Percentage Losers
ABS.p, MER.p, RBS.p, ISF, FLY, WHI, IGK, CRT, SGY

NASDAQ Percentage Losers
MTSI, TFCO, TRMA, KMGB, JAXB, REFR, WVVI, ARIA, HERO

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$75 billion for foreclosures

Feb. 18 (Bloomberg) — U.S. President Barack Obama released a $75 billion housing program that will cut mortgage payments for millions of struggling homeowners and expand the role of Fannie Mae and Freddie Mac in curbing record foreclosures.

The plan will create a new program to help as many as 5 million homeowners refinance conforming loans owned or guaranteed by Fannie Mae and Freddie Mac, according to a fact sheet released by the White House. Treasury will buy up to $200 billion of preferred stock in each of the housing companies, twice as much as previously pledged, the announcement said.

“It will give millions of families resigned to financial ruin a chance to rebuild,” Obama said in remarks prepared for delivery at 10:15 a.m. in Phoenix. “By bringing down the foreclosure rate, it will help to shore up housing prices for everyone.”

The program signals the Obama administration plans to take a more aggressive stance to halt foreclosures than the Bush administration, which supported voluntary industry efforts. Record foreclosures in the past year are swelling the glut of properties on the market, forcing down home values and undermining homebuilders’ efforts to revive demand and lighten inventory by cutting prices.

The Obama plan will have the government match lender reductions in interest payments that decrease borrowers’ payments to 31 percent of their monthly income. The Treasury will share in the cost when lenders reduce monthly payments by forgiving a portion of the borrower’s mortgage balance.

Incentives

Companies that service mortgages will get $1,000 for each loan that’s modified, and as much as $1,000 for three years when the borrower stays current, the government said. Homeowners also are eligible for $1,000 annually for five years for remaining current on their loans, according to the plan.

Treasury will increase the size of Fannie’s and Freddie’s retained mortgage portfolios, to $900 billion, allowed under the preferred stock agreement included in the September federal takeover of the two mortgage-finance companies.

An administration official, speaking to reporters in Washington, said the Treasury’s pledge of support for Fannie and Freddie is intended to build confidence that the government stands fully behind the two mortgage-finance companies. The official said the two aren’t yet close to reaching the initial limit of $100 billion in government support.

Banks including Citigroup Inc., JPMorgan Chase & Co., PNC Financial Services Group Inc. and Bank of America Corp. have agreed, at the request of lawmakers, to suspend foreclosure proceedings until the Obama plan is adopted. The Office of Thrift Supervision last week urged the lenders it oversees to suspend foreclosures.

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Marc Faber Pod Cast

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Stocks on the move after yesterday

Stocks on the move this morning

Asia / Pacific Exchanges


European Exchanges

Commodities Board

Metals Board

Energy Board

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Not just Greenspan is talking about nationalization

Long regarded in the US as a folly of Europeans, nationalisation is gaining rapid acceptance among Washington opinion-formers – and not just with Alan Greenspan, former Federal Reserve chairman. Perhaps stranger still, many of those talking about nationalising banks are Republicans.

Lindsey Graham, the Republican senator for South Carolina, says that many of his colleagues, including John McCain, the defeated presidential candidate, agree with his view that nationalisation of some banks should be “on the table”.

Mr Graham says that people across the US accept his argument that it is untenable to keep throwing good money after bad into institutions such as Citigroup and Bank of America, which now have a lower net value than the amount of public funds they have received.

“You should not get caught up on a word [nationalisation],” he told the Financial Times in an interview. “I would argue that we cannot be ideologically a little bit pregnant. It doesn’t matter what you call it, but we can’t keep on funding these zombie banks [without gaining public control]. That’s what the Japanese did.”

Barack Obama, the president, who has tried to avoid panicking lawmakers and markets by entertaining the idea, has moved more towards what he calls the “Swedish model” – an approach backed strongly by Mr Graham. In the early 1990s Sweden nationalised its banking sector then auctioned banks having cleaned up balance sheets. “In limited circumstances the Swedish model makes sense for the US,” says Mr Graham.

Mr Obama last weekend made clear he was leaning more towards the Swedish model than to the piecemeal approach taken in Japan, which many would argue is the direction US public policy appears to be heading.

“They [the Japanese] sort of papered things over,” Mr Obama said. “They never really bit the bullet . . . and so you never got credit flowing the way it should have, and the bad assets in their system just corroded the economy for a long period of time.”

Administration officials acknowledge that the rescue plan unveiled by Tim Geithner, Treasury secretary, last week could result in the temporary nationalisation of some weak banks.

The plan sets out a framework for revealing the extent of the likely credit losses facing banks. Most private sector analysts believe the exercise will reveal that some banks have large capital shortfalls.

Policymakers acknowledge that if this is indeed the case, it will be difficult for those with the largest shortfalls to raise the required equity from the markets, in which case the government would probably have to take temporary control. Moreover, while nationalisation remains taboo in some political circles it is increasingly openly discussed among past and present economic policymakers of all leanings.

“In this country nationalisation of some banks – not the whole banking sector – should be a last resort, but it should definitely now be on the table,” said David Walker, head of the pro-free market Peterson Institute and a former senior official in the George W. Bush administration.

The time for biting the bullet may also be fast approaching.

In early April, big institutions will publish their first-quarter results. If the intervening Treasury stress tests have not by then revealed the true state of their balance sheets, then their first-quarter results may do so.

“The first week in April – that’s when the children’s party is over,” says Chris Whalen, co-founder of Institutional Risk Analytics. “That is when the obvious will become apparent.”

The Obama administration remains opposed to federal control. Mr Geithner last week said: “Governments are terrible managers of bad assets.”

Others say he may eventually face no choice. “The danger we face is a Freddie Mac/Fannie Mae scenario where government gives the banking sector guarantees and then socialises the losses,” says Adam Posen, an economist. “That’s the worst thing we could do.”

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DE misses

GT shows Q4 loss and fires 5k

CMCSA beats & raises divi

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