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Rummeljordan

Rummeljordan
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  • This New Budget Proposal May Limit Your Annual Retirement Income [View article]
    This was just a late April Fool's budget from the White House.

    Common, you think the government would actually tell you how much of your own money you can save? That's nuts. Why would anyone want to watch out for their own retirement?
    Apr 8, 2013. 07:51 PM | 4 Likes Like |Link to Comment
  • Stating checks indicate stronger iPhone 4/4S sales at lower prices, Canaccord's Mike Walkley is raising his FQ2 and FQ3 iPhone (AAPL +0.2%) sales forecasts. Walkley now respectively expects FQ2 and FQ3 iPhone sales of 37M and 27M, up from a prior 34.5M and 25M. iPhone 5 sales are seen falling in a manner "consistent with normal seasonal patterns." On March 20, Walkley lowered his FQ3 iPhone forecast by 11M, while raising his FQ4 forecast by 1.9M. [View news story]
    Who?
    Apr 8, 2013. 03:43 PM | Likes Like |Link to Comment
  • February Consumer Credit rises $18.2B vs. an expected $15B and $16.2B previously. [View news story]
    Jesus. Credit is a privilege, not a right.
    Apr 5, 2013. 04:23 PM | Likes Like |Link to Comment
  • The Nikkei (NKY) surges and the yen (FXY) plummets after the Bank of Japan starts firing the heavy artillery in its battle against deflation. Under new Governor Haruhiko Kuroda, the BOJ is changing its target when setting policy from the overnight call rate to the monetary base, which the bank aims to double within two years by purchasing ¥60-70T of assets a year, including government bonds of all maturities and not just short-term debt. The plan is open-ended and was unanimously approved. The Nikkei is +1.3% after being lower earlier, while the dollar is +1.5% vs the yen. (PR[View news story]
    Well then it won't be working out for a long time.
    Apr 4, 2013. 01:56 PM | Likes Like |Link to Comment
  • The Nikkei (NKY) surges and the yen (FXY) plummets after the Bank of Japan starts firing the heavy artillery in its battle against deflation. Under new Governor Haruhiko Kuroda, the BOJ is changing its target when setting policy from the overnight call rate to the monetary base, which the bank aims to double within two years by purchasing ¥60-70T of assets a year, including government bonds of all maturities and not just short-term debt. The plan is open-ended and was unanimously approved. The Nikkei is +1.3% after being lower earlier, while the dollar is +1.5% vs the yen. (PR[View news story]
    That gold trade really is not working out...
    Apr 4, 2013. 08:42 AM | 1 Like Like |Link to Comment
  • 5 Strategies For Navigating Higher Yields In A Rising Rate Environment [View article]
    Pick yourself up some BKLN or DLBS. I am looking into both. Not wanting to jump into DLBS anytime too soon in fear of those contracts rolling over.
    Apr 3, 2013. 09:22 PM | Likes Like |Link to Comment
  • Long-Term Sector Charts [View article]
    Telcom. Is that going to be the next "bubble". Seems like it has been relatively muted. I like the yield you can get off of some of the names though.
    Apr 3, 2013. 09:21 PM | Likes Like |Link to Comment
  • Bonds bounce. The near-continuous calls for a bear market in Treasurys are dashed again for the time being, with the 10-year yield - after a quick surge higher to start 2013 - back to 1.84%, not far from where it started the year. Today's buying comes as ADP and ISM reports disappoint, and the banking sector (XLF -0.9%) gets a bit wobbly. TLT +0.6% today, -2.1% YTD. [View news story]
    I anticipating, sometime in the future (near or not, who knows) a rise in interest rates.
    Apr 3, 2013. 09:20 PM | Likes Like |Link to Comment
  • How QE Impacts Stock And Bond Markets [View article]
    I need the Fed to get out of my bond market so I can:

    1: Accurately asses the natural rate of interest and
    2: Have the market, not the Fed, set a risk premium
    Apr 3, 2013. 09:18 PM | Likes Like |Link to Comment
  • Precious metals (GLD -1.4%, SLV -1.3%) tumble to new multi-month lows, with gold at $1,552/oz. the weakest since last summer and right near what technicians like to call long-term support going back to mid-2011. At $26.87, silver also threatens key chart levels. [View news story]
    Unsure: Was not $1600 the level to hold? You can't just drop the floor every time it blows through it. $1600 got DESTROYED!

    The graph is in the link if you missed it.

    http://bit.ly/YwN9pw
    Apr 3, 2013. 09:09 PM | Likes Like |Link to Comment
  • Precious metals (GLD -1.4%, SLV -1.3%) tumble to new multi-month lows, with gold at $1,552/oz. the weakest since last summer and right near what technicians like to call long-term support going back to mid-2011. At $26.87, silver also threatens key chart levels. [View news story]
    Tack: South Sea Shipping Co. to haul the Tulips?
    Apr 3, 2013. 09:07 PM | Likes Like |Link to Comment
  • Bonds bounce. The near-continuous calls for a bear market in Treasurys are dashed again for the time being, with the 10-year yield - after a quick surge higher to start 2013 - back to 1.84%, not far from where it started the year. Today's buying comes as ADP and ISM reports disappoint, and the banking sector (XLF -0.9%) gets a bit wobbly. TLT +0.6% today, -2.1% YTD. [View news story]
    DLBS
    Apr 3, 2013. 11:16 AM | Likes Like |Link to Comment
  • Apple (AAPL +0.7%) plans to start "production of a new iPhone similar in size and shape" to the iPhone 5 in calendar Q2, setting up a "possible summer launch," the WSJ reports. The paper adds Apple is working with partners on a cheaper iPhone with a 4" display and "different casing" than the iPhone 5, and that a 2H launch for the device is possible. Both scoops mesh with iPhone rumors (I, II, III) that have been floating around in recent months. Samsung's Galaxy S IV, replete with a 5" display, is expected to go on sale in late April and May (depending on the market). [View news story]
    AAPL $399 before its all said and done?
    Apr 2, 2013. 04:04 PM | 1 Like Like |Link to Comment
  • Apple (AAPL +0.7%) plans to start "production of a new iPhone similar in size and shape" to the iPhone 5 in calendar Q2, setting up a "possible summer launch," the WSJ reports. The paper adds Apple is working with partners on a cheaper iPhone with a 4" display and "different casing" than the iPhone 5, and that a 2H launch for the device is possible. Both scoops mesh with iPhone rumors (I, II, III) that have been floating around in recent months. Samsung's Galaxy S IV, replete with a 5" display, is expected to go on sale in late April and May (depending on the market). [View news story]
    The round edges are going to be more roundlier.....
    Apr 2, 2013. 03:28 PM | 1 Like Like |Link to Comment
  • More on the Goldman downgrade of Apple (AAPL): Believing an imminent dividend hike/share repurchase could set a floor under the stock price, Goldman is less optimistic about the "timing and impact" of the next product cycle - needed if the stock is going to be an outperformer over the coming year. "The stock's upside potential should be more limited than we previously anticipated." Shares +0.25% premarket. [View news story]
    Yeah, little late for the downgrade party I'd say.
    Apr 2, 2013. 07:52 AM | 4 Likes Like |Link to Comment
COMMENTS STATS
477 Comments
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