So the markets want to go up, but will remain choppy as we either get a definitive plan or get spun on rumors.
Comments »WSJ Reports Germany is Close to Making Love Not War
IMF Downplays Rumors About Backstopping Spain
“ORIGINAL (12:30 PM ET): Markets are shooting higher after headlines indicating that the IMF might be willing to backstop Spain even if the country and EU leaders can’t make a plan to backstop failing bank Bankia.
The Spanish government has struggled to find a way to backstop the country’s third-largest bank and biggest holder of domestic real estate assets.
It recently agreed to bail out the failing bank, after mergers and loans failed to cleanse its balance sheet. The European Central Bank recently rejected a proposal in which the Spanish government would issue €19 billion in domestic government bonds to the troubled lender that it could use as collateral against an ECB loan, according to reports. Spain may also have considered issuing €19 billion in debt to the public to finance the bailout.”
Comments »United Nations High Commissioner for Human Rights Suggests NATO Behind Recent Massacre in Syrian Killing Over 100 Civilians
Now this could be a real bombshell if some real evidence could be dug up. We can only hope there are some whistle blowers out there ready to lift the veil.
Comments »Crude To Step Into a Murder Hole: Barton Biggs Explains a Plot to Bankrupt Iran and Iraq
“Barton Biggs, the storied hedge fund manager who runs Traxis Partners, recently had an interesting encounter recently over lunch with a Saudi businessman who explained to him the real motivations behind Saudi Arabia’s ramp up in oil production and why oil prices will likely continue to fall as a result for an extended period of time.
It’s all part of a plan hatched by the Saudi royal family, according to Biggs, who relays this conversation in a note just published by Itaú BBA. Biggs says he asked the man what his outlook for Saudi Arabia was in the medium and long term, and the man was particularly negative about this, even given the vast riches of Saudi Arabian oil wealth.”
Comments »This Headline May be the Cause for Today’s Euro / U.S. Equity Hiccup
“A little headline might be the cause of a steep drop in the euro recently, courtesy of the European Central Bank’s latest weekly statement.
It’s all about the money central banks are borrowing from the ECB and how they’re going about it.”
Comments »Dell Reportedly In Talks To Buy Quest Software
“Dell is in talks to buy the IT management tools company Quest Software, Bloomberg reports, citing “people with knowledge of the matter.”
Comments »Rumors Prop Up European Markets Today
Rumors of joint central bank intervention to prop up financial institutions had Europe off to the races today despite some pretty bad economic news.
Comments »$FB Said to be Moving to NYSE
The Greeks Allegedly Do Not want to Give Up the Euro
Rumors Swirl Over the Euro Being Tied to the Dollar at or Close to Parity
The Euro is getting weaker by the minute. Speculation rises as Europe’s woes get greater.
Comments »Jeremiah Wright Contends Obama’s Team Bribed Him to Stay Silent
“When sermons of Obama’s Chicago pastor, Jeremiah Wright, surfaced during the Iowa primaries, it threatened to derail Obama’s campaign. ABC aired one where Wright screamed, “Goddamn America!” Edward Klein interviewed Wright, who told him Obama’s team tried to buy his silence.”
Full article
FLASH: Shares of $MWW Spike on Takeover Rumors
Reuters is reporting that Linkedin and Silverlake are interested. Share shot higher by 20%.
AT&T and Leap Wireless Said to Have Discussed a Merger; $T, $LEAP
Alleged Army Document Tells of Detainment, Re-Education, and Indoctrination for the American Communist Way
This has to be fake or a skit from a movie. If at all real then we truly have gone over the deep end and America is no longer.
Comments »Just for Fun: Remote Viewing Predictions
[youtube://http://www.youtube.com/watch?v=yKMlHzKmCQU 450 300]
Comments »Coca-Cola, $KO, Said to be Gobbling Up Monster Beverage; $MNST
CNBC is “Freaking Out” Over Ratings Decline
via NYDAILYNEWS.com
CNBC ‘freaking out’ over decline in ratings for Andrew Ross Sorkin and Maria Bartiromo
‘Their biggest attractions have become their biggest losers,’ says industry insider
Andrew Ross Sorkin is apparently not too big to tank.
The same goes for “Money Honey” Maria Bartiromo.
CNBC insiders tell us executives at the cable business channel are “freaking out” because viewership levels are down essentially across-the-board, particularly with its marquee shows, “Squawk Box” and “Closing Bell.”
Comments »NASA Study: Harmful Methane Gas Release From Arctic Warming
Options Market Sees Big Earnings Move for Apple
By Angela Moon and Doris Frankel
(Reuters) – The wild ride in Apple shares this year could get even more interesting when the company reports quarterly results after the bell on Tuesday.
Judging by trade in the options market, investors expect Apple shares to jump or fall by about 7.5 percent, a much greater swing than the average post-earnings move of about 4.25 percent in the past four quarters.
Read the rest here.
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