Treasuries: Risk trade is back on (Satire)

Oh wait a minute…

CCNMoney
Thursday is off to a sunny start for investors who prefer riskier assets than bonds.

Germany approved the eurozone bailout, the U.S. economy performed stronger than previously thought in the second quarter, and fewer Americans filed for unemployment benefits last week — all good news that is fueling a move from safe havens like U.S. Treasuries into stocks instead.

As a result, the price on the 10-year Treasury fell Thursday, pushing the yield up to 2.01%. (Bond prices and yields move in opposite directions).

The 10-year yield is coming back from a record low at 1.67% set last week.

That said, some bond traders are skeptical the optimism will last.

“The risk-on trade could be getting ahead of itself,” said Michael Cheah, senior portfolio manager at AIG SunAmerica. “For unemployment claims to be at 391,000 and the stock market rejoices in this — I’m worried about the psychology there. People are grasping for any kind of hope they can get.”

The Treasury Department is scheduled to auction $29 billion in 7-year notes later in the day, following successful auctions of $35 billion in 2-year notes Tuesday, and $35 billion in 5-year notes Wednesday.

Maybe they should put out a piece titled “Treasuries: Risk trade is back off” now? Or maybe news stations should avoid creating posts that try and preclude market direction?

Also the recipient happens to be kin of Pelosi. B4 you republicans get happy remember Bush’s brother got a contract for security in Iraq where stolen fork lifts were sold to the U.S. Army…..

Really now

A trader on CNBC said from hit point of view and talks with traders in the pits nobody seems to be covering. The news is so bad as of late that they used this morning’s rally to short more. Traders expect a 500-1000 point drop on the DOW shortly….

From: Michelle Obama [mailto:[email protected]] Sent: Wednesday, September 28, 2011 2:34 PM
To:
Subject: These dinners

XXXX —

Not everyone knows how to prepare for a dinner like this. As someone who’s eaten countless meals with my husband, I want to tell you the one thing to do if you’re selected to join him…

Just relax. Barack wants this dinner to be fun, and he really loves getting to know supporters like you.

I hope you’ll take him up on it before Friday’s deadline.

Will you donate $3 or more today and be entered to have dinner with Barack?

These dinners mean a lot to Barack. They’re a chance for him to talk with a few of the people who are driving the campaign — and a chance for him to say thank you.

So come prepared to tell your story, and say whatever’s on your mind.

Don’t miss the opportunity to be there. Donate $3 today, before the September 30th deadline:

https://donate.barackobama.com/Dinner

Thanks,

Michelle

WTF?!

Prepare for global meltdown

Staggering

No. Ticker % Change Market Cap
1 YOKU -22.48 2,870,000,000
2 EDU -15.63 4,160,000,000
3 AMD -15.37 4,380,000,000
4 FMCN -13.87 4,360,000,000
5 NFLX -13.08 11,820,000,000
6 BIDU -11.38 46,650,000,000
7 IPGP -11.23 2,690,000,000
8 FOSL -10.85 6,460,000,000
9 SOHU -10.28 3,040,000,000
10 TIF -10.19 9,130,000,000
11 ARIA -10.15 1,170,000,000
12 SINA -10.06 6,430,000,000
13 SIRI -9.94 6,780,000,000
14 WYNN -9.90 18,240,000,000
15 MAKO -9.76 1,450,000,000
16 DVA -9.73 6,720,000,000
17 GMCR -9.51 15,110,000,000
18 COH -9.36 15,200,000,000
19 TPX -9.23 3,910,000,000
20 NXPI -9.06 4,270,000,000
21 MPEL -8.76 6,680,000,000
22 SFY -8.53 1,270,000,000
23 GTAT -8.50 1,550,000,000
24 EW -8.36 8,580,000,000
25 MPC -8.21 12,830,000,000
26 HFC -7.98 7,590,000,000
27 CRR -7.96 3,330,000,000
28 CVI -7.89 2,210,000,000
29 WNR -7.79 1,570,000,000
30 ESI -7.75 1,970,000,000
31 ROC -7.71 3,800,000,000
32 JAZZ -7.56 1,670,000,000
33 UA -7.49 3,610,000,000
34 PWRD -7.38 1,070,000,000
35 PVH -7.30 4,350,000,000
36 SNDA -7.26 1,910,000,000
37 SPWRA -7.26 1,390,000,000
38 N -7.18 2,140,000,000
39 VRA -7.14 1,210,000,000
40 DECK -7.10 3,210,000,000
41 YUM -7.08 25,080,000,000
42 LVS -6.67 33,380,000,000
43 VCLK -6.62 1,240,000,000
44 FNSR -6.61 1,510,000,000
45 AMRN -6.59 1,420,000,000
46 YNDX -6.55 9,800,000,000
47 MU -6.29 6,170,000,000
48 PANL -6.28 2,330,000,000
49 EXPE -6.27 8,020,000,000
50 CROX -6.24 2,430,000,000

Of course returns are down big too

Red lobster China is

Fuck BAC and their silly $5 card charge. Let the big banks beg for your biz. Go small where service is better.

Full article

Damn….

Beats me when it is not even in their charter. It would take many quarters to years to approve such a thing.

Full article

Nasdaq is now off by 1%+, the S&P is flat and the Dow is only up 65.

Stock keeps getting cheaper….patience

Top U.S. listed burritos fell hard on the news

Usual suspects like politicians at home and abroad bickering over money troubles.

Full article

Full Article

Today’s 10% decline puts NFLX down 50% for the month of September.

TIF -8%
COH -7%
TRLG -5%
RL -5%
PVH -5%
LULU -3%

Best Buy slashed price by $200 and some hack analyst said he believes they stopped production.