Friday, December 11, 2009, 2:13PM ET - U.S. Markets close in 1 hour and 47 minutes.
This is nothing but market hype taking place ....the unnerving pocket book bursting late last year and early this year has got Wall St. scared.... They are attempting to get their gains anyway possible....up 4000 points in a few months.... RIDICULOUS, and creating another nasty down draft soon...
How can companies be good with all the job losses which means no customers for business. Someone is lying.
The country is in dyer need for a changing of the guard or it will be biz as usual, WAKE UP AMERICA! make a stand vote out the dems and the republicans. Vote independent. We need to stop the screwing or your life will be to support taxes and insurance. Heads must roll!
"However, 80% of companies listed on the S&P 500 have reported better-than-forecast third-quarter profits. What's going on?" Almost Every report you hear has "experts" surprised..... Does That mean that the corrupt, White House run western media needs new experts??? Have you noticed that the majority of these "experts" have british accents?? It's time to quit listening to / watching these media outlets and let them go bankrupt!! Oh, yea Rohm still needs them so they'd just get "stimulus" funds!!!
This Market is full of it // It's being manipulated by the Millionaires trying to put all the little investors back in so they can stick the dagger into them once they decide to unload and make a killing // Then all the little fishies will loose their A$$ // When it crashes again it will be fast and furious and all the little fishies that don't realize it in time will be jumping from the balconies commiting suicide // JOBLOSE / FORECLOSURES / TOXIC LIABILITIES / CREDIT CARDS NOT PAID // Wake up America all you investors are going to get screwed eventually if you don't sell in time before the market comes crashing down again.........
AHHHHHHHHH ... I guess I am missing the bull market! I took my money out two weeks ago because the fundemetals are not there, and look what has happened ... I guess fundementals do not mean anything anymore
Fundamentals have meant nothing for a while. The market is "forward looking"... maybe it's wearing telescopes for glasses.
YOU'ALL JUST DO NOT GET IT! As I stated before ... stock PE means nothing anymore. The govenment is giving all the banks and speculators free money ... they in turn dump it into the stock market driving it higher ... everybody is happy! But ... sooner or later either someone large is gonna cash out or the government is gonna stop the free money ... that is when the crash will happen, BUT THE CRASH WILL HAPPEN! This is the free money bubble
Could it be that the estimated yearly earnings were lowered so these companies could show some positive results for the year thus driving up their stock? How many companies are showing a "profit" but did just that, lowered their earnings estimates and now are exceeding expectations? Then these companies are looking to buy other companies for growth. What happens when there is a merger? MORE people LAID OFF. Not good for the economy but the upper management walks away with millions in their pockets. It is all a scam for a few who profit off of a lot of stupid people.
You have heard of the housing bubble, credit bubble, etc... we will look back on this as the FREE MONEY BUBBLE!
Ponzi Finance at its best. Thanks Obama, for saving the great American Ponzi Scheme. Is healthcare the "bone" for the workers? I think I should have voted and volunteered for Ron Paul instead.
Definitely a jobless recovery. I work in IT and there are layoffs left and right. I am considering switching to a field which cannot be easily outsourced overseas. We already had a 20 percent cut in staff at our organization and another is planned in January 2010. Those of us who still have positions at my organization are working longer hours, so productivity is up. And businesses are making this the new normal -- longer hours, less pay, more competitive job market, so get used to this. Some mechanical engineering friends at semiconductor manufactureres in Silicon Valley echo the same observation: layoffs, smaller work staff, longer hours, same pay.
I think the Feds are scared big time, They know how bad the economy is and they are pushing up the stock market because it makes the public feel better when there is a bullmarket. The economy is a train wreck that will take years to recover
Definitely a jobless recovery. I work in IT and there are layoffs left and right. I am considering switching to a field which cannot be easily outsourced overseas. We already had a 20 percent cut in staff at our organization and another is planned in January 2010. Those of us who still have positions at my organization are working longer hours, so productivity is up. And businesses are making this the new normal -- longer hours, less pay, more competitive job market, so get used to this. Some mechanical engineering friends at semiconductor manufactureres in Silicon Valley echo the same observation: layoffs, smaller work staff, longer hours, same pay.
The Unemployment Rate Is GOING UP...UP, UP....To 18%.....18%..By Middle Of ..2010...Calling..BOMBAY....Calling....BOMBAY.....Come In..BOMBAY....Where Are You.....BOMBAY.....MAY DAY, MAY DAY....We Are SINKING IN DEEP......"DOODO".
"Rick - Wednesday November 11, 2009 08:08AM EST AHHHHHHHHH ... I guess I am missing the bull market! I took my money out two weeks ago because the fundemetals are not there, and look what has happened ... I guess fundementals do not mean anything anymore" ----------------------------------------------------------------- Truer words have never been spoken. Fundamentals only mean something when they do. Got that? Never sell out. Set or tighten stops, and/or buy puts to protect yourself. Now, you've got to wait to get back in. Be patient, you'll get your chance.
When GS tells Obama that they are going to pull the sell switch, the market will dive faster than greased lightning. GS and Uncle Bennie are manipulating these markets.....not fundamentals!!!!
good article, all it is saying is that the taxpayers dollars went to invigorate the banks the stock brokers and the rest of the players at the top of the heap, but not the average american who is still in trouble if not more so than before. Great, it was these poor saps tax dollars that was supposed to have helped the bulk of Americans and not those who caused this mess to begin with. I found the part where many of these institutions are using these same tax dollars to invest in overseas ventures which will bring them more profits, but again will not mean anything to mr., average American. Oh I take that back it will mean less real income for American workers and a lower standard of living!
Yep, happy days are hear again................ And as far as all those non performing commercial loans.....well just change the accounting rules!!!!!....... http://online.wsj.com/article/SB125694507086819833..........After all; if you don't like all that red, just shine a blue light on it!!!!!!..... Let's see..... didn't the Japanese do that????? And how HAS the Japanese Stock Market done? Still down about 75% from the 1989 top,
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Yahoo! Finance User - Wednesday November 11, 2009 07:54AM EST
too big to fail-hold me hostage-break them up