Dell's privatization mess probably helped a bit but won't last in mho.
At the close
Dow +0.01% to 16073. S&P +0.05% to 1802. Nasdaq +0.58% to 4017.
Treasurys: 30-year +0.28%. 10-yr +0.22%. 5-yr +0.12%.
Commodities: Crude -0.26% to $93.85. Gold +0.03% to $1241.95.
Currencies: Euro +0.39% vs. dollar. Yen -0.39%. Pound -0.35%.
lang, bears have all but given up fighting the fed:
$16.32, even Dr. Doom is bullish
by unclefulbert • Feb 5, 2013 10:48 AM
at least as bullish as a doomsday bearer:
The "easy money" policy of the Federal Reserve will continue for "as far as the eye can see" and that's going to continue to be good for the U.S. stock market, noted economist Nouriel Roubini told CNBC on Tuesday.
"When you look at the [mixed] economic data, there's a gap between the fact that the markets, rightly so, are buoyant," he said, "because middle of last year central banks had done another massive round of quantitative easing."
"Some of the improvement in the markets is not because growth is picking up ... certainly easy money implies asset inflation," Roubini said.
Nicknamed "Dr. Doom" for predicting hard times ahead of the 2008 fiscal crisis, Roubini said he also sees positives and negatives for the American economy.
lang, market has been drifting higher steadily. I am holding my 40% allocation and not adding. The YTD gain is good enough for me and happy to miss further upside. Good luck.
bob, Ever wish you could get out on a stock Before it lost 70%? HWP was at $57 adjusted for Agilent dividends and splits 13 years ago.
lang, I was out of the country on a family function and got back over the weekend. What a rat race at the airports. Anyway, nice stock market run while I was gone. Too bad I am only about 40% in equity, 40% in individual bonds and the rest in muni and cash. But who's complaining?
At the close
Dow +0.07% to 16076. S&P -0.11% to 1802. Nasdaq +0.07% to 3994.
Treasurys: 30-year +0.41%. 10-yr +0.29%. 5-yr +0.53%.
Commodities: Crude -0.69% to $94.19. Gold +0.33% to $1248.65.
Currencies: Euro -0.27% vs. dollar. Yen +0.2%. Pound +0.42%.
Easy to remember, $1 eps expected:
Hewlett-Packard Co. (HPQ:$25.36,00$0.10,000.40%) is expected to report Tuesday, as well. Chief Executive Meg Whitman is trying to turn around the company as it struggles with declining demand for PCs. Analysts are predicting earnings of $1 a share for H- P's fiscal fourth quarter.
txt... the 50 plus folks who continue to smoke are like drivers going 60mph in a school zone, waiting for cancer to take over their bodies and the rest of us to pay for their bills. In addition, their second hand smokes are endangering those around them ...
This is ridiculous ... the elites get all the opportunities (3 from Stanford + 1 from Berkeley):
None from schools from the great state of Texas.
Markets More: Hedge Funds
Hedge Funds Have Been Getting Smoked This Year
Sam Ro Nov. 25, 2013, 7:49 AM 1,431 1
Not many people are able to invest directly in hedge funds. And that's not necessarily a bad thing.
Through Q3 of this year, hedge funds on average have returned a measly 6% year-to-date.
This is according to Goldman Sachs latest Hedge Fund Trend Monitor report, which examines the performance of 783 hedge funds with $1.7 trillion of gross equity positions.
This year's hedge fund returns compare with a 25.3% gain in the S&P 500. Even mutual funds returned 24.8%.
Interestingly, hedge funds have actually been pretty good at picking long positions. From Goldman Sachs: "Our Hedge Fund VIP list contains the 50 stocks that appear most frequently among the top 10 holdings of fundamentally driven hedge fund portfolios. The basket has returned 30% YTD, 330 bp better than the S&P 500... The top 5 stocks are AIG, AAPL, GOOG, GM, and C, the same as the last two quarters."
However, many hedge funds take short positions to hedge their long positions. This has offset what could've been a great year for the industry.
or Non-filter Camel Strike Label. The insurers should ban smokers over 50 years old like him who is going to cost $millions to treat his impending diseases stem from decades of cigarette smoking.
Jokfun, The world goes on as the obstructionists try to stop progress in America. Again, goes to show how worthless Hillary was as SOS. Unfortunately the Billary machine has learned its lessons in 2008 and is squashing any plausible opposing democratic candidate.
blax, what are the approval numbers for #$%$ and McConnely again? Something to write to the Koch Brothers?
06:22 AM EST, 11/25/2013 (MT Newswires) -- The last of the major October end companies will report earnings this week starting on November 25. Nuance Communications (NUAN:$16.37,00$0.291,01.81%) , Palo Alto Networks (PANW:$45.30,00$0.38,000.85%) , and Workday (WDAY) all report on Monday night while Analog Devices (ADI:$49.76,00$-0.01,00-0.02%) and Hewlett Packard (HPQ:$25.26,00$0.23,000.92%) report on Tuesday night.
Worth noting, HPQ will be critical to watch given cautious commentary out of Cisco Systems (CSCO:$21.46,00$-0.01,00-0.05%) on November 13. Recall that CSCO's stock price fell by 10% after the company reported.
Specifically, management provided fiscal Q2 and 2014 guidance that were well below analyst estimates. Moreover, CEO John Chambers cited a 21% decline in its top 5 emerging markets, which has also remained an overhang for the stock.
lang, you have a good weekend now ... I am logging off for the weekend. But the Andreessen talk was referencing the disappearance of the middle class with global competition in job talent. The same lines peddled by other executives like Carl Snead and Craig Barrett (of INTC). If these corporate heads have their way, good paying jobs will mostly be going to those STEM graduates from Indian, Chinese and Russian Universities. And don't forget those hundreds of thousands of H-1a visas.
Today Peak(Oct-07) Low(Mar-09) 401(K) EQ YTD Change
15761.78 11.28% 143.62% 446 20.26%
3919.23 37.08% 209.69% 550 29.80%
1770.6 13.14% 165.54% 454 24.14%
25.94 -51.50% 2.17% 195 82.04%
Last wk Today Week
15614.01 15761.78 0.95%
3922.04 3919.23 -0.07%
1761.74 1770.6 0.50%
25.92 25.94 0.08%
Oct-end Today MTD
15551.78 15761.78 1.35%
3919.706 3919.23 -0.01%
1756.73 1770.6 0.79%
24.38 25.94 6.40%
lang, Congras! My plan is $8.4K for two at Kaiser with $5.4K deductible. I never got sick and paid no deductibles for the past decade other than some routine blood work and a scan up my colon...never again.