Viacom: Berkshire Hathaway discloses new ~1.6 mln share position in 13F filing
Comments »Monthly Archives: May 2012
Market Patterns of the ‘Full Retard Kind of Special’
$JCP Loses $0.75 Pennies
Problem Solving is Simple Stupid Shit
Sometimes i have to just shut off the TV. I can not stand how the boob tube tries to convince you of things that are not true.
For the record banks can speculate while the government regulates. The problem is the amount of speculation a bank takes that puts the economy and the taxpayers at risk.
$JPM and many institutions are so large that the heads of heads, over the vp heads; who manage over the managers do not know what the fuck is occurring in their own business.
Is that sound ?
Furthermore, it appears that this age old argument of ‘free markets’ and regulation is entirely b.s.
Over reaching regulation comes in place after a debacle happens. What do you expect ? Sometimes regulation needs to be loosened while more often it needs to stay in place.
The Glass Stegal act was one such safety net to prevent catastrophe.
Now that the banking system has been dysfunctional for many years, millions of jobs have been lost, and the fact we are potentially facing another credit freeze due to banking problems; let’s put some sanity back into this game called wall street.
Let’s put some criminals in jail and separate traditional banking from speculative trading desks.
Why not have two or three separate companies under an umbrella; so if one of the divisions goes down it matters not to the global economy or the institution itself. Lastly, any one of those divisions should not be able to lose a colossal amount of money. Just enough to wipe out shareholders and bond holders who speculate upon the entity.
Problems are easy to solve when politics and special interests are not involved.
Philosophies and the Mind Set of Billionaires
The Greeks Allegedly Do Not want to Give Up the Euro
WSJ Reports GM Will Stop Buying Ads on Facebook
***ALERT***BASIC MATERIALS ARE IN LIQUIDATION MODE
Chomsky: Bush Kidnapped and Tortured, Obama Murders
Either you love or hate Chomsky…..but both positions are created by telling the truth.
Comments »Mitt Romney: $JPM Loss is Part of Free Market Risk
While the losses are not on the tax payers tab; allowing wild west gambling vs actual hedging is a concern for the country’s banking system and ultimately the tax payer’s piggy bank. Oh let me rephrase; your children’s and grandchildren’s tax responsibility.
Mitt is nothing more than the same old shit rotating in our government halls for 30 years.
Comments »Brooksley Born On JPMorgan Chase Loss: Nothing’s Changed Since LTCM
Is it possible that regulators, masters of the universe, and the public will ignore, black list, and stifle Brooksley Born again ?
If so prepare for the mother of all credit freezes !
Comments »DKS Files a Million Dollar Lawsuit Against Chamber Maid
Not sure how much he would get; but it is more likely to get the maid to drop her suit.
Comments »Patriot Coal, $PCX, Looks Like Death Warmed Over
Patriot Coal warned again stating a customer of theirs may not pay up. $PCX is down 80% so far this year.
Comments »The “Justice” Department Opens an Inquiry into $JPM
European Markets Close Firmly in the Red
Europe tried to rally, but could not stick gains after Greece announced their coalition government formation tragedy will continue. Yields remain elevated.
Comments »JIM ROGERS: Here’s What Would Cause Gold To Dive 40% To 50%
“Commodities guru Jim Rogers said he is not buying gold. In fact, he said he has “hedged himself” since we spoke to him last month.
Rogers said he expects gold prices to fall further and believes they could tumble 40 – 50 percent off their top if India were to stop its gold imports or if Europeans were to sell their gold”
Comments »Heat Map and A/D Lines
52 Week Highs and Lows
NYSE
New Highs 7 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Bank of America 5.875% IKM 25.20 18,593 BlkRk MuniYld CA Quality MCA 15.83 4,396 Church & Dwight CHD 53.86 60,906 Nuveen CA Investment NQC 16.16 4,122 Nuveen CA Muni Value NCA 10.34 10,730 Nuveen California Select NVC 16.53 8,850 Wstrn Asset Muni Ptnrs Fd MNP 16.70 8,387 New Lows 56 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ AAR Corp AIR 14.19 22,240 AbitibiBowater ABH 10.76 34,539 Allison Transmission ALSN 19.10 36,909 Alpha Natural Res ANR 12.73 1,396,523 Ampco-Pittsburgh AP 15.78 2,111 AngloGold Ashanti AU 31.79 218,927 Artio Global Invs Inc ART 3.14 3,965 Banco Bilbao Argentaria BBVA 6.30 301,615 BraskemSA BAK 12.04 13,303 Cellcom Israel CEL 9.23 245,953 Centrais Eletricas Brasil EBR 7.83 27,716 China Unicom HK CHU 16.03 34,761 Companhia Siderurgica SID 7.05 464,571 Consolidated Graphics CGX 28.48 2,780 Credit Suisse Group AG CS 20.30 392,586 DelhaizeGrp DEG 39.17 11,396 EldoradoGold EGO 10.86 346,852 Enerplus ERF 15.11 226,269 Ford Motor Wt F/WS 1.75 78,487 France Telecom FTE 12.83 548,107 GFI Group GFIG 2.81 10,335 Gardner Denver GDI 58.05 16,524 Genco Shipping Trading GNK 3.66 28,829 Gold Field ADS GFI 12.11 339,602 HudBay Minerals HBM 8.49 3,558 Indosat ADS IIT 23.18 1,100 Infoblox Inc BLOX 18.67 16,402 Kaydon Corp KDN 22.94 16,331 Kinder Morgan Inc. Wt WI KMI/WSw 1.82 126,200 Legg Mason LM 22.58 50,390 Lone Pine Resources LPR 4.27 321,615 Matador Resources MTDR 9.43 35,039 McEwen Mining MUX 2.60 395,626 Mechel OAO MTL 6.71 173,835 Millennial Media Inc MM 13.55 287,143 Moneygram Intl Inc MGI 14.23 3,207 Newfield Exploration NFX 31.19 307,338 Nokia NOK 2.95 7,213,135 Nuveen Glbl Val Opp Fd JGV 14.28 7,711 Oaktree Capital Group OAK 39.11 9,200 Oi S.A.ADS OIBR 13.53 141,472 Panasonic Cp PC 6.93 28,887 Patriot Coal PCX 4.55 1,200,667 Petrobras Argentina ADS PZE 9.60 4,649 Pitney Bowes PBI 14.05 286,896 Resolute Energy wt REN/WS 0.50 9,300 Resolute Energy Cp REN 8.90 40,809 Seabridge Gold SA 13.50 16,829 Siemens SI 84.52 152,494 Silvercorp Metals SVM 5.47 139,628 Sinopec Shanghai Petro SHI 31.23 1,993 Solutia WT SOA/WS 0.12 2,014 STMicroelec STM 4.93 260,304 Talisman Energy TLM 10.13 237,118 TelItalia ADS A TI/A 8.22 39,340 Telefonica TEF 12.69 587,496
NASDAQ
New Highs 10 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Akorn AKRX 13.25 81,403 Amylin Pharm AMLN 27.12 1,400,825 Ariad Pharm ARIA 17.42 234,206 MicroFinancial MFI 8.46 1,301 ProShs Ult Nsdq Biotech BIB 100.99 1,817 Reeds REED 2.55 9,350 Saia SAIA 20.86 15,815 Security Natl Finl Cl A SNFCA 2.01 34,203 Sypris Solutions SYPR 5.05 27,049 Vertex Pharm VRTX 66.10 666,507 New Lows 33 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ APCO Oil and Gas APAGF 24.56 470 B Communications BCOM 6.21 1,462 Brightpoint CELL 5.51 9,363 BSQUARE BSQR 2.45 2,200 CafePress PRSS 14.96 2,509 Casual Male Retail Group CMRG 2.76 27,178 Complete Genomics GNOM 1.75 91,816 RR Donnelley RRD 10.82 58,137 DynaVox DVOX 1.54 48,969 General Comm (Cl A) GNCMA 6.95 955 Intrnt Gold-Golden Lines IGLD 4.36 6,100 iSh MSCI Emg Mkts EMEA EEME 49.78 300 iShs S&P Glbl Cln Enrgy ICLN 7.66 1,101 MGP Ingredients MGPI 3.79 4,602 Meru Networks MERU 1.97 7,171 Mobile Mini MINI 14.85 31,169 National Amer University NAUH 3.77 2,079 Ocean Power Techs OPTT 2.08 7,819 Oncothyreon ONTY 3.94 81,586 Peerless Manufacturing Co PMFG 9.44 6,873 Pan American Silver PAAS 15.79 263,025 Partner Comm Co PTNR 5.84 87,441 PwrShrs Glbl Wind Energy PWND 5.67 800 Prima Biomed Ltd. ADS PBMD 5.25 2,500 Sify Techs (ADS) SIFY 2.40 4,630 Silver Standard Resources SSRI 11.05 64,434 Summer Infant SUMR 3.21 769,389 Telestone Techs TSTC 2.31 10,600 Utd Online UNTD 3.89 47,413 Urologix ULGX 0.71 7,955 Vimicro Intl (ADS) VIMC 1.11 11,824 Wacoal Hldgs Corp WACLY 51.61 1,780 WebMD Health WBMD 21.14 19,050Comments »
Most Active Options Trades
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE CHK 5/19/12 18.0000 1263 0.0500 dn 0.0500 COF 6/16/12 52.5000 247 1.8700 dn 0.2200 GLD 5/19/12 158.0000 138 0.0700 dn 0.0200 C 5/19/12 28.0000 124 0.8000 up 0.1400 AAPL 5/19/12 560.0000 121 6.1900 up 0.3900 C 6/16/12 37.0000 117 0.0500 up 0.0000 ARNA 5/19/12 7.0000 108 0.0700 dn 0.1500 FCX 8/18/12 37.0000 99 1.5600 dn 0.0600 JNPR 7/21/12 24.0000 80 0.1400 up 0.0500 RIG 5/19/12 45.0000 77 0.6300 up 0.0000 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE CHK 6/16/12 15.0000 663 1.4400 up 0.1400 CHK 5/19/12 15.0000 522 0.6600 up 0.2600 BAC 6/16/12 7.0000 179 0.2200 dn 0.0300 LOW 5/19/12 29.0000 173 0.6200 up 0.3500 AAPL 5/19/12 550.0000 141 3.3200 dn 0.3300 AAPL 5/19/12 555.0000 133 4.5000 dn 0.8000 AAPL 5/19/12 545.0000 133 2.2000 dn 0.3300 AAPL 5/19/12 530.0000 117 0.6700 dn 0.1100 PBR 7/21/12 20.0000 100 1.3100 up 0.0100 F 9/22/12 8.0000 91 0.1400 up 0.0000 -VOLUME- CALLS PUTS TOTAL 12471 14563 27034
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE DLPH 8/18/12 35.0000 4900 0.2500 up 0.0000 GLD 1/19/13 185.0000 3936 2.3100 up 0.0100 GLD 1/19/13 165.0000 3930 5.4600 dn 0.1400 RENN 5/19/12 6.0000 3221 0.3000 up 0.0000 AVP 10/20/12 20.0000 2675 1.4500 dn 1.0000 MSFT 6/16/12 32.0000 2441 0.3100 up 0.0300 AAPL 5/19/12 560.0000 2134 6.1000 up 0.3500 RENN 5/19/12 7.0000 1458 0.1000 dn 0.0500 CHK 5/19/12 17.0000 1182 0.1100 dn 0.0400 AAPL 5/19/12 565.0000 1180 3.6500 dn 0.1000 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE T 6/16/12 33.0000 2218 0.4600 up 0.0200 ESRX 5/19/12 55.0000 1951 1.0700 dn 0.0800 AAPL 5/19/12 555.0000 1356 4.7000 dn 0.8000 BAC 6/16/12 7.0000 1304 0.2200 dn 0.0300 LVS 9/22/12 45.0000 1210 2.9600 dn 0.2400 GRPN 6/16/12 15.0000 1174 3.2000 dn 1.5600 BAC 5/19/12 8.0000 1166 0.5300 dn 0.1300 AAPL 5/19/12 560.0000 1154 7.0000 dn 0.8000 AAPL 5/19/12 550.0000 1111 3.1000 dn 0.6500 GRPN 5/19/12 12.0000 1010 0.2000 dn 1.3400 -VOLUME- CALLS PUTS TOTAL 355872 333159 689031Comments »
‘Discussing the Merits or Demerits of Central Banking’
“Imagine you are one of two people playing Monopoly. While you follow the rules religiously, the other player, who also happens to be the banker, does not.”
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