A notice of proposed settlement is, either finish of outstanding claims, or acknowledgement of outstanding claims. One is positive, the other negative.
Jobless claims, the number folks rely upon to keep the low interest rates firmly in Fed sights, gets my gander this morning. Futures are generally up, silver is recovering slightly, in anticipation that bad news is good news, since most dorks who rely on this drivel believe Yellen, the Bernookie replacement, will first have a chance to pop irates around March 14, if things "improve". Besides being a mistress of printing money that makes Bernookie look like Volcker however, a gander at housing prices shows 30% decline from the "peak" of late summer 2007--that is the real objective of Fed policy, so that derivatives and the real estate bubble "go away". My thinking is Yellen will lower the objective of unemployment to 5.5%, a more normal number that had the Eisenhower administration cringing, before touching overnight rates. That is about 2018, and for my part, it's STILL a mistake, as real estate values will plummet the first quarter point INKLING of higher overnight rates.
But as to Thursday? It's time for a "pop" in wake of manufactured stats that measure employment by part timers as well as full timers, and a population that needs a doctoral degree minoring in computer science to make heads or tails of offerings at the Obamacare site.
The function of YDM's publication of the data, is not to provide the government version of the "truth", but to provide the version that is relied upon by the very moppets you track, sharpie, in your technical analysis of where the stock goes. Certainly it matters in the real world whether or not truth be told, or statistics represent, what is happening in the real economy.
But whatever is published, truth, lie or manipulative stat, the numbers that ARE published is what sways the masses, and that is the value of YDM's post.
In the military, the operations order contains a paragraph explaining the enemy's position. The paragraph is there, not because friendly forces AGREES with the enemy, but because that information is knowledge designed to defeat the enemy.
Do you get my meaning, or am I being too obtuse?
By not selling covered calls at 11 12 13, you've missed an opportunity to make about 22% this year.
Drivel. General market sell off will take another twenty five cents off the top today. My covered calls sold against my shares will shrink about as much. Yawn.
If someone doesn't like the publication of weekly economic data, or sentiments expressed, will the naysayer please identify themselves and post an opinion?
Mortgages and housing prices has my attention today. Futures are shrinking market wise, silver's pop yesterday has retracted by one fourth PM. Yesterday, loose money got a vote of confidence as industry knows better than to hire and jack up interest rates--or even the fear of ending QE forever. Pundits talk March 2014. I talk 2018, when housing "catches up" with August 2004 prices, about 30% reflating from now.
Wow. A repeat of Japan, without having to learn that difficult and mysterious language. What a boon.
"We" don't have to give it any mind, "we" just have to watch those that do and make bids accordingly.
See how that works?
No tapering till real estate recovers it's June 2007 high. That's 30% from now, and at 1% a MONTH equates to nearly three years. See you October 2016--more likely, January 2018
Congress gave up on punishing the innocent as they realize, bad guys will always have guns.
Take your time.
Is it possible that a corporate giant like Chase anticipating a govt shutdown and gridlock on budget in DC set up a short stop to moneys being drained from coffers, a run on the bank, in the wake of what could have been a fiasco instead of just a farce coming out of the last minute nonsense Congress set us up for?
They might even keep such draconian measures in place for another run on the bank in January when the can has to get kicked down the road in DC.
Considering the Congress has shown penchant to be willing to let us all die, in order to live by principals that leave you right, and I mean DEAD--right? Have a cuppa tea and think it over.
The group that now feels it is safer than yesterday with default pushed till January, came out of hiding and invested, including SWHC. See how that worked?
Yellen = low irates = low spread = low yield for MREITS = lower share prices. MREITS did participate just by finishing even.
Learn what you are investing in.
Suddenly out of left field, literally, we're jellin with Yellen replacing Bernanke. Reflex pop means we drift higher into FOMC notes that recall no taper at all, and then, sell your losers losers and wait for the market to remember budget and debt ceiling quagmires coming on the 17th, to drift over to the end of the month when juggling money becomes impossible. This should all affect PM logically, but why it affects any other equities baffles me, unless you're talking about the Russell 2000 clan--new small business loans at the rate of $93M a day are going fallow. It's a tit on that economic boarhog, but real.
Are these people phucccing stupid, or what? They fact they overstepped conservative investment objectives in the wake of the taper that wasn't isn't enough, they have to produce a sledge hammer blow right when the rest of humanity, for other reasons I can't fathom, decides to sell equities and bonds just when Uncle isn't paying HIS debt, as if that matters to the REAL world.
Hey a buying op is a buying op.