Here are some charts to make you ponder the recovery of housing….
Comments »Monthly Archives: July 2012
Rising Costs May Bring Back Some Manufacturing to America
Some companies are finding that after all the p and qs are counted that it actually is affordable and in some case more profitable to manufacture in America.
What does this say about wages in this country ?
Comments »Gapping Up and Down This Morning
Gapping up
SANM +11.4%, BIDU +6.4%, JAX +5.1%, SOHU +2.3%, SINA +2.3%, ZION +1.2%,
GT +2.2%, PCS +1.0%, EGO +2.6%, SRPT +98.8% , DANG +3.9%, SOHU +2.3%, RENN +0.5%,
R +8%, UA +3.8%, RF +3%, NXPI +2.8%, DPZ +1.6%, SAP +1.3%, ZION +1.2%,
Gapping down
DV -22.4%, ELN -16.4%, VLTR -12.8%, ZGNX -12.7%, APOL -7.4%, ESI -5.8%,
STRA -5.1%, CMLP -3.9%, NOK -3.8%, BBVA -3.7%, VMW -3.7%, SAN -2.9%,
CE -2%, COCO -1.6%, TOT -1.4%, AMTG -1.3%, DB -1.3%, ELN -16.4%,
ZGNX -12.7%, LLY -3%, AMTG -1.3% , PFE -0.8%, CECO-4.1%,
PT -4.3%, TEF -3.0%, ALU -2.7%, VOD -1.5%,
Comments »Upgrades and Downgrades This Morning
AKAM, AIG, AOL, AVGO, BKW, CMG, DV, FE, FOSL, GT, HSNI, ITMN, PCS, NRG, RA, RSH, TSO, WEC,
Comments »In Play and On the Wires
Gross: Investors Who Stay in Treasurys ‘Will See a Haircut’
“Investors looking to preserve their purchasing power will have to avoid Treasurys and put their money in “real assets” such as stocks and real estate, Bill Gross, Pimco co-founder, told CNBC’s “Closing Bell” on Monday.”
Comments »Reading the Entrails of Global Commerce
This article explores the apporaches we have taken and why they may not be working.
Comments »Have Ratings Agencies Learned From Their Mistakes ?
According to one industry worker who is ‘genuinely frightened’ ratings agencies have not learned from their mistakes.
Comments »UPS Achieves Higher Profits, Misses Expectations
Both top and bottom line missed expectations. Stock is off considerably in pre-market trade.
Comments »Higher Margins Increase AT&T’s Profits
Altria Sees its Profits Triple
DuPont Beats by $0.02 Per Share, Guides Lower as Net Profits Fall
Iraq Blacklists Chevron for Kurdistan Deals
Yields Continue to Climb for Spain and Now Germany After Moody’s Downgrade
“Germany’s bunds sank, pushing up yields from near all-time lows, after Moody’s Investors Service cut the outlook on the nation’s top rating citing concern it will have to support weaker euro-region members.
Spain’s five- and 10-year bond yields climbed to euro-era records as the nation’s borrowing costs rose at an auction of 3.05 billion euros ($3.69 billion) of bills. Italy’s 10-year bonds fell for a third day after a report showed services and manufacturing in the euro region shrank in July. Government debt from the Netherlands fell as its outlook was also lowered by Moody’s, along with Luxembourg.”
Comments »The Euro Continues to Remain Weak and Under 1.21
The Euro is trading at 120.95 and is said to be technically open to 1.16 – 1.18.
Comments »Preliminary Readings Indicate China’s Manufacturing May Contract at a Slower Place
Hopium is rising that China’s manufacturing may not slow as fast as originally thought due to two interest rate cuts.
Comments »Oil Pares Earlier Gains as European Woes Go Unsolved
WTI was up nearly 1% in overnight trade, but has pared those gains to be slightly negative for the moment.
Comments »Moody’s Downgrades Germany and Dutch Credit Outlooks
“Germany, the Netherlands and Luxembourg had the outlooks for their Aaa credit ratings lowered to negative Monday by Moody’s Investors Service, which cited “rising uncertainty” about Europe’s debt crisis.”
Germany pushes back after the downgrade…
Comments »Global Markets and U.S. Futures Hug the Flat Line
8,753,935: Workers on Disability Set Another Record in July; Exceed Population of 39 States
Comments »CNSNews.com) – The number of workers taking federal disability insurance payments hit yet another record in July, increasing to 8,753,935 during the month from the previous record of 8,733,461 set in June, according to newly released data from the Social Security Administration.
The 8,753,935 workers who took federal disability insurance payments in July exceeded the population of 39 of the 50 states. Only 11 states—California, Texas, New York, Florida, Illinois, Pennsylvania, Ohio, Michigan, Georgia, North Carolina and New Jersey—had more people in them than the number of workers on the federal disability insurance rolls in July.
