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David S. Batchelder

David S. Batchelder
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  • Global banks fined $3.4B in forex probe [View news story]
    I would call this just a slap, let us see the brake down of how much money they made on the entire sham. Then impose a fine and take all the money made and return it to the people who were scammed. Why not do that. You can find the amount. Let us see. Because the fine is but a small portion of money made.

    Does anyone realize that the last few yrs the 21 bankers that just up and died, by their own hand, so it is stated. I like the banker who shot himself 7 times with a nail gun to leave this planet. Four times in the head. Wow, what strength. To be able to accomplish that.
    Nov 12, 2014. 08:50 AM | Likes Like |Link to Comment
  • Citi EMEA chief promises big things for Africa [View news story]
    I have a question regarding the aspect of Jim Cowles. does anyone have a number that he can be reached at.
    Feb 19, 2014. 08:27 AM | Likes Like |Link to Comment
  • Fitch puts U.S. rating on negative watch, Dow futures plunge [View news story]
    If there is no deal, who cares. SS payments, I thought they had all the money needed till the yr 2039. So they say. Believe, believe in the hope and dope change.
    I hope the rep don't cave or care as much as obvomit. Bring it all down. It would tell everyone, this type of system, federal reserve system. Anyone who sub scribes to that is not on America's side. They want their graft. Wayne Roots book. Details it all. It is all a sham. SS should not be in the general fund, but yet it is. Why, so they can steal it. Scum one and all.
    Oct 15, 2013. 06:32 PM | 1 Like Like |Link to Comment
  • The lawyers and hedge funders are out at Citigroup (C), and bankers are in charge for the first time since John Reed retired in 2000, writes Sandra Ward in a bullish Barron's piece. Distinguishing Citi from its peers is 58% of revenue coming internationally vs. JPM and BAC in the teens - a big edge with U.S. growth crimped by regulations and the economy. In the nearer term, shareholders should enjoy massive capital returns as toxic paper at Citi Holdings is wound down (CH has 8% of bank assets, but ties up 20% of capital), and growing profits allow the use of Citi's $55B in tax deferred assets. [View news story]
    Well, still discussing toxic paper. It is all toxic paper. What happen when interest rates move higher in Europe. That paper will eat into the 20% capital you labeled. Who is going to purchase this paper. What fool will do that. Well, I answered my own question, BAC, JPM, to name a few. What happen when the taxes are due. Another hit. Wake up, they S***, bankers are not much smarter than hedge fund managers and especially lawyers in finance. It will crash soon
    Jul 13, 2013. 09:17 AM | 2 Likes Like |Link to Comment
  • Joseph Carrabba plans to retire as president and CEO of Cliffs Natural Resources (CLF) by Dec. 31, and will continue to serve as president and CEO and a director until a successor is elected. Lead board director James Kirsch is elected non-executive chairman, effective immediately, replacing Carrabba as chairman. CLF +0.6% AH. [View news story]
    How does the street feel about Carrabba's retirement?
    Jul 9, 2013. 07:24 PM | Likes Like |Link to Comment
  • Citigroup (C) will become the first U.S. bank to enter Iraq after receiving Iraqi government approval to open an office in Baghdad. The country - where less than 1 out of 5 have a bank account and total credit is 9% of GDP (vs. 55% for MENA) - has a lot of catching-up to do as far as banking goes. [View news story]
    Lets see, we go to war with them. OH, then they want one of our banks, who by the way is as crooked as the day is long. Now a country who hates the so called capitalistic pigs they claim us to be. Now want one of the most insidious system to come in with open arms. World banker, they never cease to amazing me on the lengths they will try to hide their agenda. Only to come at the end and expose the truth
    Jun 24, 2013. 08:54 AM | Likes Like |Link to Comment
  • NYSE margin debt hit $379.5B in March, a 28% Y/Y increase as investors borrow money to buy into what has become a famously resilient rally. Borrowing to buy shares is of course one sign of unbridled optimism, although some believe levering up makes sense in the current environment. The last time margin debt hit $380B: July 2007, the same month S&P and Moody's marked the beginning of the crisis by downgrading hundreds of RMBS. [View news story]
    Yes, funny money. It all works until it does not. They the elites know the charts, know what they tell their minions to say to the people and the professionals. They will push it up past the trend line to suck more in. Said the spider to the fly. Illusion, good one though. Hate to stay in hate to get out. Get out in June. Why, because they are punishing the so called sell in May and go away crowed. So they can feel the gut wrenching feeling of missing the last dollar. What is the dollar worth. If the margins are list large, the crash will be that much more painful. Banks are also in the market, leveraged 100 times what is listed. Remember that. They are lending on the money that do not have or is even in production yet from Benny boy. The boy printer. Say, 850 trillions worth.
    May 12, 2013. 10:57 AM | Likes Like |Link to Comment
  • Another bear gets carried out, as the S&P's close over 1450 has Bob Janjuah backing off his call for stocks to lose maybe 25% of their value by year's end. Tactically neutral at the moment, Janjuah says risk assets are in a bubble, and a weekly close below 1450 might have him short again with the modest target of 800. [View news story]
    It only helicopter Ben, with low interest. Where else can you put your money, real estate is bottom bouncing. Still good return.
    Sep 24, 2012. 04:16 PM | Likes Like |Link to Comment
  • U.S. GDP Revised Downward: Expansion Phase Begins? [View article]
    I believe that these numbers went through china town and got so many massages just to peak at .04 above. Just think of the debt load to accomplish this task.
    We are under water, how much economic business will have to be grown in order to pay back the load of money spent to get us here.
    It can not be done, why, because the government is still spending more than it takes in.
    Oh, as an aside. 2012Jan 1st. 37 coal mines are to be shut down, plants also. What will that do the the cost of ele. Get ready for the ride to hell.
    Dec 25, 2011. 10:28 PM | Likes Like |Link to Comment
  • Flash Eurozone PMI: Has Europe Passed The Worst? [View article]
    No it is not the bottom. They just have the illusion of more money coming into their pockets. If the private sector is faultering. The gov can not hold it up. It can how ever give the victom a shot of morphine. That always feels good. But the gash in the economy is still there. So unless you get the private sector moving. You are doomed to fail.
    Dec 18, 2011. 12:02 PM | 2 Likes Like |Link to Comment
  • Short Term Buy Signal For S&P 500 Is Confirmed [View article]
    If I fill you with electric shock, you will jump to. Then when the juice stops. Over you go. Market is no different. Why may you ask.

    With supposed great job numbers, not really, all part time bs. If that is all they can add for the Christmas rush part timers, count them as full time jobs. 100,000 to 120,00. That's it. Un employment goes down to 8.6. Really. I do not believe it and either does the market.

    Loot at the head fake, futures up, bang then fade. To even. Really with good numbers. Do you want to put your money on the table. Because that bears month will shut tighter than a snapping turtle. Hurts more to. Just ask the shorts when the fed gave the surprise announcement to assist. 500, 110 of that move coming at the end of the day. Short squeeze anyone. They love to do that. They really think it is funny. GS, C, BAC, JPM, WF they love it to know before. Come on, you do know that they know before, right. Why do you thing GS is always in charge of the fed. Wonder. I will give you three guess and the first two don't count.
    Dec 2, 2011. 08:21 PM | Likes Like |Link to Comment
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