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Ganeshdindodi

Ganeshdindodi
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  • June ISM Manufacturing Index: 56.2 vs. 59 consensus and 59.7 prior. Prices index 57 vs. 77.5 prior. Employment 57.8 vs. 59.8. Inventories 45.8 vs. 45.6. New orders 58.5 vs. 65.7.  [View news story]
    Series of bad news .......
    Jul 1, 2010. 10:03 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims: +13K to 472K vs. 455K consensus. Continuing claims +43K to 4,616,000.  [View news story]
    Two key factors employement and housing are not showing sign of improvement. Markets will be choppy.
    Jul 1, 2010. 09:09 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims: +13K to 472K vs. 455K consensus. Continuing claims +43K to 4,616,000.  [View news story]
    Market sliding unstoppable. Hope good long weekend put break to the slide.
    Jul 1, 2010. 08:38 AM | 2 Likes Like |Link to Comment
  • June ADP Jobs Report: +13K vs. +60K expected and +57K prior (revised from +55K). It's the fifth consecutive monthly gain, though increases have been modest and private employment may have decelerated heading into the summer.  [View news story]
    Headed toward double dip.
    Jun 30, 2010. 08:41 AM | 3 Likes Like |Link to Comment
  • Europe's weaker economies aren't having much trouble raising cash from bond investors, as Portugal's success today shows. But nervous investors pushed the average interest rate 956 basis points above the country's late May auction.  [View news story]
    I really wonder who is purchasing those junk bonds ????
    Jun 23, 2010. 09:13 AM | Likes Like |Link to Comment
  • Initial Jobless Claims: +12K to 472K vs. 450K consensus. Continuing claims +88K to 4,571,000.  [View news story]
    Hope we see some improvement soon. :(
    Jun 17, 2010. 08:38 AM | Likes Like |Link to Comment
  • May Industrial Production: +1.2% vs. +1% expected, +0.8% prior. Capacity utilization 74.7% vs. 74.5% expected, 73.7% prior.  [View news story]
    Excellent !!!!

    Buy the stock and participate in the rally.
    Jun 16, 2010. 09:19 AM | Likes Like |Link to Comment
  • May Housing Starts: -10% to 593 vs. 637K expected and 659K (revised) April. Permits -5.9% to 574K vs. 630K expected and 610K last month.  [View news story]
    Real picture of the economing coming out. The rout cause for financial turmoil still not improving. Ofcourse market will ignore these numbers.
    Jun 16, 2010. 08:37 AM | 3 Likes Like |Link to Comment
  • Market Preview: Futures get off to a good start, with benchmark S&P +0.9%. BP's (BP) tribulations continue to make headlines amid a mostly quiet day for corporate news (but see). No significant calendar events today, so markets will have to find their own momentum.  [View news story]
    HFT will make sure the volatility continues. If there is gap up opening then 100% sure market will end in red (vice-versa).
    Jun 14, 2010. 09:26 AM | 1 Like Like |Link to Comment
  • "I believe the economic recovery is on a sustainable path," Fed's Plosser, speaking this morning in Altoona, PA, says. In tune with this morning's retail numbers, he says recent data on household spending "reinforce my view that growth in this sector will be modest relative to previous recoveries, because the labor market weakness will likely restrain income growth and thus consumer purchases."  [View news story]
    The market rallying on false hope. The real economic picture is veryyyyyyyyyy dark.
    Jun 11, 2010. 08:51 AM | 1 Like Like |Link to Comment
  • Q1 Productivity and Costs: +2.8% vs. +3.2% expected and +3.6% prior. Unit labor costs -1.3% in-line with consensus and vs. -1.6% prior.  [View news story]
    Not a good news :(
    Jun 3, 2010. 08:36 AM | Likes Like |Link to Comment
  • Initial Jobless Claims: -10K to 453K vs. 455K consensus. Continuing claims +31K to 4,666,000.  [View news story]
    Employment conditon improving !!!!!

    Expect upward journey of market to continue.
    Jun 3, 2010. 08:36 AM | Likes Like |Link to Comment
  • Insider Buying and Selling Remains Bearish [View article]
    Dow may reach 9,500 level before bouncing back.
    Feb 8, 2010. 07:42 AM | Likes Like |Link to Comment
  • Friday's Non Farms Report Has the Potential to Light Some Fires [View article]
    Jobloss continues .........................
    "Economy is still weaker than expected".
    Jan 8, 2010. 08:43 AM | Likes Like |Link to Comment
  • Friday's Non Farms Report Has the Potential to Light Some Fires [View article]
    I don't think the economy is so strong than we think. The job loss still there. The pending home sales dropped by 16% and new job claims raise by 1,000. These are not good signs. But market never corrected on them.

    The fundamentals of the companies are not changed so quickly. Valuations looks stretched. Hopefully market will correct in near future......
    Jan 8, 2010. 06:29 AM | Likes Like |Link to Comment
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