Thursday, February 28, 2013
Maddow - Dismantling Voting Rights
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DOW Lower At Noon
CNN: Jobless claims fall sharply - 344,000
The Market On Thursday
At 6:30 a.m. E.T. futures are flat and the price of oil per barrel is slightly higher. The market is poised to open in the flat to slightly higher area.
As you know the DOW is at present above 14,000, so everything is pretty fluffy. Investors will be parsing data on employment, the GDP, and corporate results today. I have to say, we all expect the "other shoe" to drop at anytime, right. We are trained to expect volatility and to a certain extent we anticipate it. However at present the surprise seems to be in the market's strong performance.
CNN: Stocks: Economy, earnings back in focus
(Today) the Commerce Department will publish its second estimate of fourth-quarter GDP.
...European Central Bank President Mario Draghi that suggested the bank had room to relax policy further.
Point Two - It Doesn't Work
Reuters: Analysis: Cuts unlikely to deliver promised U.S. budget savings
Wednesday, February 27, 2013
Good Night
Maddow - GOP Obstruction
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DOW Higher At Noon
CNN: Spending cuts: It's about to get weird
Brain, Sleep, Your Health
The Market On Wednesday
At 6:30 a.m. E.T. futures are flat and the price of oil is slightly higher. The market is poised to open in the flat range.
Allegedly investors are still trying to figure out what to make of Italy's recent election. Today Italy will attempt to sell off billions in bonds, if that were to go successfully, an appeasement will occur. It's interesting to note that defense maker stocks are taking a pounding with sequestration and a reduction in military spending about to be put into effect. This will very much adversely effect red states from the point of view of community wealth and employment. I think the Tea Party GOP is inviting even more disgrace and dissolution with their childish stance of non-governance and extremist anti-Obama mindless obstruction.
CNN: Stocks: Italy worries remain despite rally
(Italy) looks to sell 3-4 billion euros worth of 10-year bonds.
...the Census Bureau will release data on durable goods orders at 8:30 a.m. ET, and Federal Reserve chairman Ben Bernanke will be back on Capital Hill to give testimony...
Tuesday, February 26, 2013
DOW Closes Higher
CNN: Bernanke: Spending cuts add 'significant' burden to recovery
DOW Higher At Noon
As the budget cuts go into effect this Friday, it is a simple known fact that the recovery will be hindered further. So determined to undermine Obama is the GOTP that they will risk our economic future in order to prove a point. Most Americans understand who is responsible.
CNN: Bernanke: Spending cuts add 'significant' burden to recovery
CNN: If spending is cut, GOP will get the blame
The Market On Tuesday
At 6:30 a.m. futures are slightly higher and the price of oil per barrel is down. The market is poised to open mixed to down.
Investors were surprised to see that Italians voted against austerity. I was not. Austerity, I mean come on, not gonna work. Can't we do a little bit better than that - message to conservatives - a country's economy is not the same as balancing your check book, it's an itty bitty little more complicated than that.
Otherwise investors will be parsing Bernanke's words before Congress and in my opinion that is the salient part of today's market. When Bernanke speaks the world's economies listen.
Reuters: Stock index futures point to small rebound
(The Italian vote caused) worry that Europe's debt problems could once again destabilize the global economy.
Ben Bernanke delivers the first of two days of congressional testimony on the Federal Reserve's semi-annual monetary policy report.
Monday, February 25, 2013
The Market On Monday
At 8:30 a.m. futures are ever so slightly higher and the price of oil per barrel is higher. The market is poised to open higher.
In my opinion there are four things weighing on the markets this morning. First is the value of the Japanese yen as that country seeks to change it's monetary profile. Then there is the election in Italy, with Italy a prominent economic member of the E.U. Then we have the downgrading of the British credit rating by Moody's. Lastly there is the incoming crisis in the U.S. as severe budget cuts come into fruition at the end of this week. Regarding the last piece, with a GOP unfortunately dominated by the radical Tea Party and on a mission to implode itself and the country, expect nothing to happen here.
CNN: Stocks: It's all international
...Pier Luigi Bersani on track to defeat controversial three-time prime minister Silvio Berlusconi and ex-comedian Beppe Grillo...
Lowe's reported lower sales and earnings...
Sunday, February 24, 2013
Global Warming - Middle East Water
The visualization shows variations in total water storage from normal, in millimeters, in the Tigris and Euphrates river basins, as measured by NASA's Gravity Recovery and Climate Experiment (GRACE) satellites, from January 2003 through December 2009. Reds represent drier conditions, while blues represent wetter conditions. The effects of the seasons are evident, as is the major drought that hit the region in 2007. The majority of the water lost was due to reductions in groundwater caused by human activities. By periodically measuring gravity regionally, GRACE tells scientists how much water storage changes over time.
Credit: NASA's Goddard Space Flight Center Scientific Visualization Studio
Saturday, February 23, 2013
Climate Change - Scientist
There was a brilliant Swedish chemist named (Svante) Arrhenius who published a paper in 1896 based on his measurements of how much energy carbon dioxide absorbed. Simply based on his observations on the absorptions of energy by carbon dioxide, he was able to come up with a relatively accurate estimate of how much the climate might change by the doubling of CO2.
Part of the reason why it is important to look back to Arrhenius is because we can really understand in great agonizing detail how the physics of heat absorption by carbon dioxide works and we can understand how that translates to our warmer planet. The understanding of the physics that was well-established more than 100 years ago is, of course, the core foundation on which the modern understanding of climate has been built.
Corporate Right To Vote
Montana Gov.: HOUSE BILL NO. 486
Raw Story: Montana legislator introduces bill to give corporations right to vote
Friday, February 22, 2013
Maddow - Indiana’s Mandated Double Trans-Vaginal Probe Bill
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The Market On Friday
At 6:30 a.m. futures are slightly higher and the price of oil per barrel is down. The market is poised to open in the mixed territory.
The financial articles are predicting a quiet end to the week. This sounds good except the news out of the eurozone continues to point to a worsening economic crisis. Over the course of the crisis this will continue to wear down the markets and the degree to which that occurs is unclear.
CNN: Stocks: A Friday end to the slide?
...no major economic or corporate reports on tap.
Thursday, February 21, 2013
Good Night
Raw Story: Walmart pressing felony charges against employee who ate ‘multiple’ Oreo cookies
Maddow - Mississippi Bans Abortion
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DOW Lower At Noon
CNN: Stocks in red after downbeat economic data
The Market On Thursday
At 6:30 a.m. E.T. futures are flat and the price of oil per barrel is down. The market is poised to open flat to lower.
Investors will parse a few more fourth quarter reports along with data on housing, employment, and inflation. Harsh economic news out of Europe has effected the indexes recently and exactly how this will factor into an essentially booming corporate economy is not perfectly clear. One can still find an economist of high standing who will indicate optimism or pessimism, the market is hard to predict, however at present we are clearly in the high end of the index spectrum.
CNN: Stocks struggle to recover momentum
...reports on inflation and initial jobless claims are...
...data on existing home sales...
European markets fell sharply in morning trading on concerns about tighter monetary policy in the U.S. and the disappointing PMI data.
Maddow - Republicans Floundering
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Explaining Dorner
Wednesday, February 20, 2013
Headline Of The Week
Raw Story: Former Republican senator reveals secret child with another senator’s daughter
Maddow - Asking Politicians Real Questions
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The Market On Wednesday
At 8:20 a.m. E.T. futures are flat and the price of oil per barrel is slightly up. The market is poised to open flat.
Well, the DOW is near a record high and we are all astonished. Now what? Today investors will be parsing more data on the housing market, and that sector is showing signs of stronger recovery. If those signs continue to be positive today, we may very well see a new record.
CNN: Stocks: Close to record highs
...investors await data on housing starts and building permits at 8:30 a.m. ET.
Overall, the housing recovery is currently a bright spot in the economy.
Tuesday, February 19, 2013
Good Night
See you bright and early on Wednesday and have a good evening.
The Ed Show - McCain On Benghazi, Wilkerson On Bush
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Maddow - 'Hubris'
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Part two
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Part Three
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Part Four
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Part Five
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Part Six
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The Market On Tuesday
At 7:45 a.m. futures are ever so slightly higher and the price of oil per barrel is down. The market is poised to open mixed to lower.
Allegedly it will be a quiet day which generally means that the ameliorating factor that moves the market is not known at present. Investors will be parsing data on the housing market over the next few days and this will be another big indicator of the direction of our limping economy. The expectation is for positive numbers.
CNN: Stocks: Waiting for a catalyst
The National Association of Home Builders is scheduled to release its Housing Market index...
Investors have been pulling back a bit after the strong start to the year.
...unleaded gasoline averaged about $3.748 Tuesday...
Monday, February 18, 2013
Simplify - Inside Versus Outside
We're so engaged in doing things to achieve purposes of outer value that we forget that the inner value, the rapture that is associated with being alive, is what it's all about. — Joseph Campbell, The Power of Myth
Wall Street Is Closed Today
Reuters: Euro, dollar up after G20, stocks ease on growth concern
... Europe's weak growth outlook weighed on sentiment.
...Wall Street will be closed on Monday for the Presidents' Day holiday.
Sunday, February 17, 2013
Good Night
See you bright and early Monday morning.
SNL - Djesus Uncrossed
Morning
Today there is a large rally going on in D.C. Here are the specifics:
When: February 17th, at 12 NoonThose of us not going support their efforts. This is a rather big deal. The processing and burning of those tar sands increasing CO2 in the atmosphere along with the catastrophic results of how tar sands corrode pipelines and leave a trail of oil spills all adds up to our decline. It is a threat to humanity. That's the bottom line.
Where: The National Mall, Washington D.C.
Who: 350.org, The Sierra Club and the Hip-Hop Caucus
Why: To tell Barack Obama it's time to lead in the fight against climate change, beginning with the Keystone XL tar sands pipeline.
Saturday, February 16, 2013
Good Night
Apart from the culinary uses, burdock root is also well-known for its medicinal qualities, not just the root, every part of the burdock plant is said to have medicinal qualities. It is one of the most ancient roots which is known to cure a number of ailments. In the earlier days, burdock root was known to purify blood by clearing toxins from the bloodstream. It was also known to treat many skin diseases like psoriasis and eczema. Chinese medicine made use of burdock root for treating measles, tonsillitis, colds and sore throat, by combining it with various other herbs. They also made use of burdock root as an aphrodisiac, to treat impotence and barrenness.
Indians and Russians believed that burdock has qualities which can help in treating cancer, recent research has proved that burdock root indeed has anti-cancer properties and can also control the growth of tumors. According to the German scientists, fresh burdock can kill disease causing fungi and bacteria, due to some chemical properties present in it. This root can treat flaky and dry skin disorders, caused due to system imbalance. Not just that, it can also stimulate digestive juices and bile secretion, which makes it useful in treating anorexia. Burdock root has high levels of insulin, this insulin can help in fighting hypoglycemia and also maintain blood sugar levels, especially for the people who are pre-diabetic. source
Friday, February 15, 2013
Good Night
See you bright and early Saturday morning.
DOW Closes Higher
CNN: Why some homeowners are turning down free money
Maddow - Misled Into War
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