Apple: Selling Puts Ahead Of Earnings [View article]
Apple is never flat after earnings....if it meets and does not beat it will move down at least 7% and then we will see it go down to565 where we meet resistence before 522 where it meets it major resistance as well its 200 day EMA.....if it beats great then we will see 644 earlier than expected...
The Eurogroup statement on Spain: "The loan will be scaled to provide an effective backstop covering for all possible capital requirements ... with an additional margin of safety up to €100B in total ... the Fund for Orderly Restructuring (FROB), acting as agent of the Spanish government, could receive the funds and channel them to the financial institutions concerned." [View news story]
can an elephant dance- YES- Operation Twist must reference the "twist" "can the Europeans Swing? Watch Italy jive after Greece breakdances through Sundays coalition govt formation and takes more money for less austerity and no growth. Short the Euro is a mantra that is not happening, Gold is rising where is the FED & QE3CUBE. What I like is Greece stays in the EU and the Euro rises as there is some sign of stability in Europe immediately after is the FED meeting where we all expect QE3/Twisting but if Europe is stable and the beige books shows growth then no QE3/twist as the world is calm. But if Greece leaves the EU then chaos in Europe and we could expect a crash Dax@3000-4000 range followed by the US and the FED issuing lots of cash. Where is Ronald Regan now?
The Eurogroup statement on Spain: "The loan will be scaled to provide an effective backstop covering for all possible capital requirements ... with an additional margin of safety up to €100B in total ... the Fund for Orderly Restructuring (FROB), acting as agent of the Spanish government, could receive the funds and channel them to the financial institutions concerned." [View news story]
What a rally, Europe opened so high that I almost fell of my chair....(I wanted to short but PEER pressure killed me) but now I get it, profit taken, bond prices rose to new highs and the rally died, Euro back up vs the USD, that I FIND ridiculous as there is no OpTwist or QE3 before next month.....so what we waiting for- the Greeks to act :)
The Eurogroup statement on Spain: "The loan will be scaled to provide an effective backstop covering for all possible capital requirements ... with an additional margin of safety up to €100B in total ... the Fund for Orderly Restructuring (FROB), acting as agent of the Spanish government, could receive the funds and channel them to the financial institutions concerned." [View news story]
What a joke....the spainish are playing low ball saying they need 40 billion to bail out their banks and the govt acts as sponsors (guarantors/ interest payees) and the EU finance ministers say that they can give 100 billion Euros. Seriously, did we not hear this in 2007/2008- so bear sterns, lehman brothers, AIG, Northern Rock, Bank of Scotland and a bunch of other banks went down. What we talking about housing bubble amongst other things. What is Spain- a huge housing bubble so 40 billion to capitalise their banks is a joke...CDS must be in abundance and whoever is betting on US banks might make money in the short term but in the long run banks are betting where the risk is high and loosing sometimes like the London whale (Did not JPM say 1 billion and now its 5 billion). Give me a break short the Eurousd and the DAX instead and go long the USD and buy gold @ 1480(speculative)..... The chinese in my view are doing just that: largest holder of USD reserves, will probably devalue their currency and then convert their USD reserves in yuan or use the USD to buy European assets which are cheap with a rising USD. They are also the worlds largest buyers of Gold.....so they are stocking their reserve in case the US stop printing USD which is not happening in the short term, if anything the Central bank will print more USD in July/August.....before elections are over....
The conventional wisdom says risk markets rally Monday in Pavlovian response to the latest bailout, but the news may be baked in: Spain (EWP) was 10% higher last week, the S&P 500 +4%. Is the rescue even good news? "Spain is the Rubicon that should have never been crossed," says Nicholas Spiro. "A limited bailout for Spain (will) fail to restore confidence in the markets, (and) could fuel fears that more aid will be needed at a later stage (with Italy waiting in the wings)." [View news story]
Money makes the world go around, rumours make the world hyperdrive. Southern Europe is drowning, Northern Europe has Germany its powerhouse and France which is socialist, everything else is minute in their offering. Euro/USD has to fall for Europe to be able to export like a powerhouse- so why is it rallying? If Spain is going to be bailed out with a 100 billion Euro rescue packet (only its banks) then why is the Euro rallying? One of you mentioned that traders bought on Friday that is true but the volumes were very low, so it was not a majority that bought. Europe will open before the US is true but the markets open in Japan first then down Asia Pacific before Europe. China has to come out with data supporting its interest rate cut, apparently that is suppose to be really bad....Did some one say Gold, well that only rallys when the USD is falling and the last I checked America is supposedly growing (Beige book) and not printing more money. So my logic is telling me short the Euro and the DAX and go long the USD while waiting for Gold to fall to 1480 before contemplating buying it as security....
Draghi press conference: The gist of his prepared remarks suggests the ECB is holding firm in its insistence it won't come to the rescue of governments that (it feels) continue to dally. European shares are shedding some gains, the Stoxx 50 up just 1%. The euro takes a big dive, now back to flat at $1.2457. [View news story]
If the Chinese reduce their interest rates it only improves their internal consumption. If the treasury does anything, not that it has to after the Beige book report yesterday, would that not reduce the value of the USD against the EURO? The Euro on the other hand rising does not help the EU which is in a recession? Is'nt Gold the only safe haven? The USD is loosing value, why, if there is no QE3 and no more operation Twist for the time being why is the Euro rising?
Green Mountain Coffee Roasters (GMCR) resumes trading down 33.1% AH after reporting weak revenue for FQ2 and lowering its guidance mark for full-year results. [View news story]
Green Mountain Coffee Roasters (GMCR) resumes trading down 33.1% AH after reporting weak revenue for FQ2 and lowering its guidance mark for full-year results. [View news story]
Facebook is dead.....not worth a cent over 10 USD and that is only if they can manage to increase their revenues
Take it for what it's worth, but chatter across the wires says Angela Merkel has made a verbal bank deposit guarantee for the entire eurozone. [View news story]
Take it for what it's worth= What is it? It has no value as Frau Merkel does not speak for the EU that is why it is the EU and not Germany...
If Greece exits the eurozone, writes The Tell, the EU should consider replacing it with Turkey. The country's speedy growth and youthful demographics would help a union sorely in need of both. One wonders if the reason Turkey's economy is perky (even overheating) is because it's not part of the eurozone. The EU may want the country, but has anybody checked with Ankara? [View news story]
Alongside a wave of regulatory investigations hitting market sentiment this afternoon, former Greek PM Papademos tells Dow Jones preparations for Greece exiting the euro are being considered; the risk of leaving is real. Estimates of a cost of €500B-€1T underscore the magnitude of the consequences, he says. [View news story]
I have a "real life" dream- short the Euro and Gold go long long dollar until the DJIA/S&P fall 10% and then the Central banks starts QE3 then buy gold. Start buying all the undervalued German companies that are trading almost at their beginning of the year lows.
Eur/USD- target 1.10-1.15 end of the year.
Greece, Spain stay in the EU as our "Bahamas" (discounted) travel paradise for all EU citizens ( i.e. all the islands belong to the ECB), all the Spanish unemployed migrate to Greece and other islands (Mallorca, Ibiza, and start a revolution that Germany finances through its huge increase in exports due to deflated Euro we all eat tapas, enchiladas, salsiki, gyros and drink sangria, Ouzo in the new EU region called "SPAECE", enjoying the Mediterranean sun.
Alongside a wave of regulatory investigations hitting market sentiment this afternoon, former Greek PM Papademos tells Dow Jones preparations for Greece exiting the euro are being considered; the risk of leaving is real. Estimates of a cost of €500B-€1T underscore the magnitude of the consequences, he says. [View news story]
if Greece exits then portugal, Spain and Italy are next in line.....everyone stays at the party especially if Germany is paying for it..
Alongside a wave of regulatory investigations hitting market sentiment this afternoon, former Greek PM Papademos tells Dow Jones preparations for Greece exiting the euro are being considered; the risk of leaving is real. Estimates of a cost of €500B-€1T underscore the magnitude of the consequences, he says. [View news story]
where is the money? Is the EU sponsoring this brilliant idea?
The euphoria surrounding the upcoming Facebook (FB) IPO is reaching ridiculous levels, says Information Arbitrage. Retail brokers have stopped taking orders. The offering price range has been dramatically increased. And the amount of stock sophisticated investors and insiders are selling is enormous. So... What should one make of all this? Simple - buyer beware. The hype surrounding the IPO is similar to that of Blackstone's (BX -5.4%) in 2007, which has essentially been dead money ever since. [View news story]
75 USD stable- whatever said and done FB is not BX and if they command 900 million users and offer 350 million shares plus then be rest assured that they will be hitting new highs. Greed is a funny thing.....I bet 100 USD at at least will be the high tomorrow.
Apple: Selling Puts Ahead Of Earnings [View article]
Apple: Selling Puts Ahead Of Earnings [View article]
The Eurogroup statement on Spain: "The loan will be scaled to provide an effective backstop covering for all possible capital requirements ... with an additional margin of safety up to €100B in total ... the Fund for Orderly Restructuring (FROB), acting as agent of the Spanish government, could receive the funds and channel them to the financial institutions concerned." [View news story]
The Eurogroup statement on Spain: "The loan will be scaled to provide an effective backstop covering for all possible capital requirements ... with an additional margin of safety up to €100B in total ... the Fund for Orderly Restructuring (FROB), acting as agent of the Spanish government, could receive the funds and channel them to the financial institutions concerned." [View news story]
The Eurogroup statement on Spain: "The loan will be scaled to provide an effective backstop covering for all possible capital requirements ... with an additional margin of safety up to €100B in total ... the Fund for Orderly Restructuring (FROB), acting as agent of the Spanish government, could receive the funds and channel them to the financial institutions concerned." [View news story]
The chinese in my view are doing just that: largest holder of USD reserves, will probably devalue their currency and then convert their USD reserves in yuan or use the USD to buy European assets which are cheap with a rising USD. They are also the worlds largest buyers of Gold.....so they are stocking their reserve in case the US stop printing USD which is not happening in the short term, if anything the Central bank will print more USD in July/August.....before elections are over....
The conventional wisdom says risk markets rally Monday in Pavlovian response to the latest bailout, but the news may be baked in: Spain (EWP) was 10% higher last week, the S&P 500 +4%. Is the rescue even good news? "Spain is the Rubicon that should have never been crossed," says Nicholas Spiro. "A limited bailout for Spain (will) fail to restore confidence in the markets, (and) could fuel fears that more aid will be needed at a later stage (with Italy waiting in the wings)." [View news story]
make sense?
Draghi press conference: The gist of his prepared remarks suggests the ECB is holding firm in its insistence it won't come to the rescue of governments that (it feels) continue to dally. European shares are shedding some gains, the Stoxx 50 up just 1%. The euro takes a big dive, now back to flat at $1.2457. [View news story]
Green Mountain Coffee Roasters (GMCR) resumes trading down 33.1% AH after reporting weak revenue for FQ2 and lowering its guidance mark for full-year results. [View news story]
Green Mountain Coffee Roasters (GMCR) resumes trading down 33.1% AH after reporting weak revenue for FQ2 and lowering its guidance mark for full-year results. [View news story]
Take it for what it's worth, but chatter across the wires says Angela Merkel has made a verbal bank deposit guarantee for the entire eurozone. [View news story]
If Greece exits the eurozone, writes The Tell, the EU should consider replacing it with Turkey. The country's speedy growth and youthful demographics would help a union sorely in need of both. One wonders if the reason Turkey's economy is perky (even overheating) is because it's not part of the eurozone. The EU may want the country, but has anybody checked with Ankara? [View news story]
Alongside a wave of regulatory investigations hitting market sentiment this afternoon, former Greek PM Papademos tells Dow Jones preparations for Greece exiting the euro are being considered; the risk of leaving is real. Estimates of a cost of €500B-€1T underscore the magnitude of the consequences, he says. [View news story]
Eur/USD- target 1.10-1.15 end of the year.
Greece, Spain stay in the EU as our "Bahamas" (discounted) travel paradise for all EU citizens ( i.e. all the islands belong to the ECB), all the Spanish unemployed migrate to Greece and other islands (Mallorca, Ibiza, and start a revolution that Germany finances through its huge increase in exports due to deflated Euro we all eat tapas, enchiladas, salsiki, gyros and drink sangria, Ouzo in the new EU region called "SPAECE", enjoying the Mediterranean sun.
Alongside a wave of regulatory investigations hitting market sentiment this afternoon, former Greek PM Papademos tells Dow Jones preparations for Greece exiting the euro are being considered; the risk of leaving is real. Estimates of a cost of €500B-€1T underscore the magnitude of the consequences, he says. [View news story]
Alongside a wave of regulatory investigations hitting market sentiment this afternoon, former Greek PM Papademos tells Dow Jones preparations for Greece exiting the euro are being considered; the risk of leaving is real. Estimates of a cost of €500B-€1T underscore the magnitude of the consequences, he says. [View news story]
The euphoria surrounding the upcoming Facebook (FB) IPO is reaching ridiculous levels, says Information Arbitrage. Retail brokers have stopped taking orders. The offering price range has been dramatically increased. And the amount of stock sophisticated investors and insiders are selling is enormous. So... What should one make of all this? Simple - buyer beware. The hype surrounding the IPO is similar to that of Blackstone's (BX -5.4%) in 2007, which has essentially been dead money ever since. [View news story]