Friday, February 28, 2014
The Daily Show - A Fox And A Drox In A Box
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Global Warming - The Basics
Here is the article to keep handy when confronted by your denier relative or friend. It won't change their mind of course because this is now a severe partisan issue - changing a denier mind has morphed into changing their political views, and how screwy is that given that climate change is not a political policy but a scientific reality. Still, these are the facts.
NYT: Global Warming Basics from the U.S. and British Science Academies
National Academy Of Sciences: A Discussion on Climate Change: Evidence and Causes
NYT: Global Warming Basics from the U.S. and British Science Academies
National Academy Of Sciences: A Discussion on Climate Change: Evidence and Causes
The Market On Friday
Good morning. It is 8 degrees and incredibly sunny here in Upstate NY. The super cold continues but the weather logos promise a marginal rise in the temperature over the weekend. 35 degrees will seem like t-shirt weather given this deep long extended frigid slog. The weekend is here. Right now we are nursing our dog who had elbow dysplasia surgery on Wednesday. The dog has to wear one of those large head cones to keep her from gnawing on her elbow incision stitches. She has to endure this indignity for two weeks before the stitches come out. Well as they, it's always something and this year seems to be the need for surgery, first me two months ago and now the dog.
At 8:30 a.m. ET futures are slightly lower and the price of oil per barrel is slightly lower too. The market is poised to open slightly lower except...
This just in from CNN - "U.S. economy grew at 2.4% annual rate in last three months of 2013, down from prior estimate." This could be not so great news and reflect on the opening. All I can say is this will flesh out this morning as the number is parsed and digested.
CNN: Stocks: Can S&P push on to new highs?
At 8:30 a.m. ET futures are slightly lower and the price of oil per barrel is slightly lower too. The market is poised to open slightly lower except...
This just in from CNN - "U.S. economy grew at 2.4% annual rate in last three months of 2013, down from prior estimate." This could be not so great news and reflect on the opening. All I can say is this will flesh out this morning as the number is parsed and digested.
CNN: Stocks: Can S&P push on to new highs?
...at 9:55 a.m. ET, the University of Michigan will release its February consumer sentiment index.
...investors were cheered by Federal Reserve chair Janet Yellen's testimony before the Senate Banking Committee .
Thursday, February 27, 2014
The Daily Show - The Empire Cuts Back
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Global Warming - Report From The U.S. National Academy of Sciences and the Royal Society
SFGate: Science academies explain global warming reality
"We've changed the chemical composition of the atmosphere; that's not a belief system. We know that beyond shadow of a doubt," Santer said in an interview. "We ignore this at our peril."
The Market On Thursday
Good morning. It is 14 degrees and sunny here in Upstate NY. The super cold slogs on with the weather logos indicating a possible break on Saturday when the temperature might go above freezing. Okay, okay, we'll just be patient. We've had cold before, unrelenting frigid cold that normally leaves by January that is. The cold snap will break.
At 8:45 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
World attention is now firmly planted on the Ukraine where a pro-Russian government has been overthrown and is presently being replaced with apparently Russia itself. The Russians are 'active' in this crisis as it were. Just what we need, a return to the cold war and yes Putin clearly is the latest in a string of Russian despots. Imperialism is imperialism. Investors might get a break from Yellen's anticipated testimony. Otherwise this Ukraine mess could sour things for a while.
CNN: Stocks: Ukraine and Yellen in focus
At 8:45 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
World attention is now firmly planted on the Ukraine where a pro-Russian government has been overthrown and is presently being replaced with apparently Russia itself. The Russians are 'active' in this crisis as it were. Just what we need, a return to the cold war and yes Putin clearly is the latest in a string of Russian despots. Imperialism is imperialism. Investors might get a break from Yellen's anticipated testimony. Otherwise this Ukraine mess could sour things for a while.
CNN: Stocks: Ukraine and Yellen in focus
U.S. stock futures, which had been trading higher, turned lower on the reports of rising military tension (in Ukraine).
Wednesday, February 26, 2014
The Daily Show - Anarchy In The Ukraine
The Daily Show
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The Vagus Nerve
...the vagus nerve is responsible for such varied tasks as heart rate, gastrointestinal peristalsis, sweating, and quite a few muscle movements in the mouth, including speech (via the recurrent laryngeal nerve) and keeping the larynx open for breathing (via action of the posterior cricoarytenoid muscle, the only abductor of the vocal folds). It also has some afferent fibers that innervate the inner (canal) portion of the outer ear, via the Auricular branch (also known as Alderman's nerve) and part of the meninges. This explains why a person may cough when tickled on the ear (such as when trying to remove ear wax with a cotton swab). source
The Market On Wednesday
Good morning. It is 16 degrees and sunny here in Upstate NY. We have no other choice but to be patient with the blast of polar air that is blanketing a lot of the country. It is a frigid blast. Meanwhile the pace at which we are getting more daylight each day is picking up. The birds are thinking spring, and it's nice to hear some of the familiar voices out there. It's hard to be patient with the cold, it is for me, spring is around the corner.
At 8:35 a.m. ET futures are modestly higher and the price of oil per barrel is up. The market is poised to open a little higher.
Investors will be parsing a slew of corporate reports and data on new home sales today. But in my opinion the real mover will be the testimony of new Fed Reserve Chair Janet Yellen later today. The Federal Reserve is the biggest player on the block, the bank of last resort as it were, and Yellen's words are as fluid as any currency.
CNN: Stocks: Holding steady as earnings flow
At 8:35 a.m. ET futures are modestly higher and the price of oil per barrel is up. The market is poised to open a little higher.
Investors will be parsing a slew of corporate reports and data on new home sales today. But in my opinion the real mover will be the testimony of new Fed Reserve Chair Janet Yellen later today. The Federal Reserve is the biggest player on the block, the bank of last resort as it were, and Yellen's words are as fluid as any currency.
CNN: Stocks: Holding steady as earnings flow
Investors are also awaiting testimony from Federal Reserve Chair Janet Yellen on Thursday, which is likely to affect market sentiment.
Tuesday, February 25, 2014
The Daily Show - Denunciation Proclamation
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The Market On Tuesday
Good morning. It is 18 degrees with some clouds here in Upstate NY. This is not the week for a break in the cold temperatures and a glimpse of spring. No, it's been a severe winter even affecting the economy with some predicting that the GDP for this period will be short a half point all due to the cold. People don't want to go out in the cold and do business, and in some areas of the country like Michigan it's the coldest it's been in decades. All told, we are hardy and of good nature, we can cope.
At 8:25 a.m ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Investors have once again brought the indexes into record high territory. The sense is that some type of ground swell around this present trading range has to build to catapult the indexes into even higher territory. Everything I am reading suggests that the economy will be strong enough in 2014 to do this. Who knows but the next trading range would be the DOW hitting the 17,000 area. Predictions anyone?
CNN: Stocks: Pausing after strong session
At 8:25 a.m ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Investors have once again brought the indexes into record high territory. The sense is that some type of ground swell around this present trading range has to build to catapult the indexes into even higher territory. Everything I am reading suggests that the economy will be strong enough in 2014 to do this. Who knows but the next trading range would be the DOW hitting the 17,000 area. Predictions anyone?
CNN: Stocks: Pausing after strong session
...investors will get to review new home price data from the Case-Shiller index at 9 a.m. ET and the Conference Board will release its monthly consumer confidence measure at 10 a.m. ET.
Monday, February 24, 2014
The Market On Monday
Good morning. It is 27 degrees and somewhat sunny here in Upstate NY. The logos are predicting a rather chilly week with temperatures rarely if ever breaking above freezing and getting super cold at night. We can handle it though, our optimism is stoked with March on the near horizon and in less than two weeks a return to daylight savings time. I hope you had a restful weekend and now it's back to the weekly grind. Grind we shall.
At 8:20 a.m. ET DOW futures are modestly higher and the price of oil per barrel is slightly higher. The market is poised to open slightly higher.
According to what I'm reading it will be a steady as she goes type of morning. Not much economic news to report, so the potential for a flat type of day is there. Let's see if that comes true.
CNN: Stocks: Steady start to the week
At 8:20 a.m. ET DOW futures are modestly higher and the price of oil per barrel is slightly higher. The market is poised to open slightly higher.
According to what I'm reading it will be a steady as she goes type of morning. Not much economic news to report, so the potential for a flat type of day is there. Let's see if that comes true.
CNN: Stocks: Steady start to the week
...there's little economic or corporate news on the docket Monday.
... the G20...pledged to install policies that will add $2 trillion to the world economy over the next five years.
Sunday, February 23, 2014
Fringe Report
Turn the ship around GOTea, the crash course to the right fringe is not working.
AlterNet: 6 Signs of Psychosis From GOP Fringe This Week - The party of bullies, bigots and blowhards prays for a new Jim Crow.
AlterNet: 6 Signs of Psychosis From GOP Fringe This Week - The party of bullies, bigots and blowhards prays for a new Jim Crow.
Saturday, February 22, 2014
Christie Throws His Hat Into The Election
He's thinking ahead, not even phased by his monstrous NJ political mess.
ABC News: Chris Christie Rejects White House Dinner Invite
ABC News: Chris Christie Rejects White House Dinner Invite
Sat.
Good morning. At 8:30 a.m. It is 35 degrees and sunny here in Upstate NY. The weather logos indicate that we are headed back down into the frigid temperature area in the next few days. Still, no matter how you slice it, in 6 to 7 weeks the daffodils will be rising. This week my dog will undergo surgery for elbow dysplasia. The problem now becomes how do you keep an energetic 2 year old dog from her daily highly active walks and runs at least until she is healed. This will be interesting and challenging. I'm hoping her energy buildup from being made to rest will dissipate over time. Wish us luck.
Friday, February 21, 2014
Drought Fund
San Jose Mercury News: California drought: Gov. Jerry Brown proposes $687 million aid plan
The Market On Friday
Good morning. It is 37 degrees and overcast with some light rain here in Upstate NY. It's a classic Upstate gray day. There's a sun behind all that gray, don't forget. Remember that 2 months from now we will be in the bloom of Spring and even a little beyond that. The birds of Spring are making their voices heard even in the middle of this wintery mix. It's a good day for melting.
At 8:25 a.m. ET DOW futures are moderately higher and the price of oil per barrel is down. The market is poised to open in a mixed position. The DOW is presently at 16,136.
The indexes are back up to their fluffy altitude numbers. Fourth quarter corporate reports have in general been positive and the steep correction that was in the wind in recent weeks is on the back burner again. The prediction remains that 2014 will be a reasonable year. Maybe it has to do with that wooden horse thing...
CNN: Stocks: Pushing on to new highs?
At 8:25 a.m. ET DOW futures are moderately higher and the price of oil per barrel is down. The market is poised to open in a mixed position. The DOW is presently at 16,136.
The indexes are back up to their fluffy altitude numbers. Fourth quarter corporate reports have in general been positive and the steep correction that was in the wind in recent weeks is on the back burner again. The prediction remains that 2014 will be a reasonable year. Maybe it has to do with that wooden horse thing...
CNN: Stocks: Pushing on to new highs?
...existing-home sales for January will be released at 10 a.m. ET.
European markets were mixed in midday trading, as unrest continued in nearby Ukraine...
Thursday, February 20, 2014
The Market On Thursday
Good morning. It is 32 degrees and mostly sunny this morning here in Upstate NY. The weather logo is predicting rain today and temperatures in the 40s. That will be the warmest it's been around here in a while as an extremely harsh February Winter has blanketed the Northeast. The rain mixed with the huge piles of snow and above freezing temperatures will make for wet basements and lots of slush. The good news is we are not lacking for water. On a personal note, I've been imposing a personal fast on my computer activity. After some reflection it occurs to me that I don't want to spend my excess time sitting in front of the computer gathering in its informational wisdom. The internet is great but communication through it is stunted and incomplete. I was talking with a stranger in a coffee shop the other day and it occurred to me that a transcript of our conversation would not even fit on a Facebook post where " I like that" substitutes for conversation. The world is big and exciting, and I want to experience it face to face not virtually. Having said this I plan to continue the blog and at this time limit my posting to the morning.
At 8:15 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Investors will be parsing all kinds of data today on inflation, jobs, corporate reports, and such. The morning seems most affected by a negative report on manufacturing in China. As I've stated many times before, the world is not physically capable of endless economic growth, so the built in mechanism which demands growth has to be addressed. That will not occur in our lifetimes.
CNN: Stocks: Growth worries could hit sentiment
At 8:15 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Investors will be parsing all kinds of data today on inflation, jobs, corporate reports, and such. The morning seems most affected by a negative report on manufacturing in China. As I've stated many times before, the world is not physically capable of endless economic growth, so the built in mechanism which demands growth has to be addressed. That will not occur in our lifetimes.
CNN: Stocks: Growth worries could hit sentiment
HSBC's preliminary reading of Chinese manufacturing activity fell to a seven-month low in February.
European markets were all in the red in morning trading...
Thursday, February 13, 2014
Wednesday, February 12, 2014
Good Night
I will be closing down the blog for the next week. Reopening around Feb. 20. Enjoy the week.
The Daily Show - American Border Story
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Southern Storm
I'm reading we'll get some of this storm in NY on Thursday, 1 to 3 inches of snow. Be safe.
CNN: Southeast shivers, slides under winter storm
CNN: Southeast shivers, slides under winter storm
DOW Lower At Noon
In the noon hour the DOW is at 15,962.47 down 32.30 points.
CNN: Obama to sign order on minimum wage
CNN: Obama to sign order on minimum wage
The Market On Wednesday
Good morning. It is -7 degrees and sunny here in Upstate NY. That is ouch ouch cold. The weather logos are promising warmer temperatures in the next few days and I even see a number in the 40s in six days. Okay I hope someone's not putting that there just to keep our spirits up. The South is totally freaked about an impending ice storm, as we know. Nature is making good on the promise of stronger more intense weather events.
At 7:30 a.m. ET futures are flat and the price of oil per barrel is up. The market is poised to open flat to slightly higher.
Yellen spoke on Tuesday and investors loved what she said. As a result the market has rallied with the DOW even briefly crossing over 16K yesterday. That may happen again today as there is the appearance of a temporary sense of relief about the Fed's monetary policy. Not only that, but lately I'm also reading that the notion that 2014 will be a strong year for stocks is also re-arising. It's virtually impossible to predict the market's direction, in one sense speculation of any kind is a moot point. All we can do is put our ears to the ground and try to interpret the tea leaves.
CNN: Stocks: Perky on U.S. debt deal, China
At 7:30 a.m. ET futures are flat and the price of oil per barrel is up. The market is poised to open flat to slightly higher.
Yellen spoke on Tuesday and investors loved what she said. As a result the market has rallied with the DOW even briefly crossing over 16K yesterday. That may happen again today as there is the appearance of a temporary sense of relief about the Fed's monetary policy. Not only that, but lately I'm also reading that the notion that 2014 will be a strong year for stocks is also re-arising. It's virtually impossible to predict the market's direction, in one sense speculation of any kind is a moot point. All we can do is put our ears to the ground and try to interpret the tea leaves.
CNN: Stocks: Perky on U.S. debt deal, China
Surprisingly robust January trade data from China...
....Janet Yellen...said the Fed will continue reducing its stimulus as the economy gradually improves, and said recent emerging market turmoil posed no real risk to the outlook.
Tuesday, February 11, 2014
The Daily Show - Olympics Has Fallen
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Maddow - Facts Sought On Christie Helicopter Ride
Rachel is hammering Christie night and night, one suspects she is taking that cue from FOX News.
Global Warming - Quasi-Biennial Oscillation
While California is in ultra severe drought, England is having record rain fall.
Guardian UK: Why has it rained so much in the UK – and is it climate change? Report highlights high pressure over patch of Pacific Ocean and phenomenon known as quasi-biennial oscillation
Guardian UK: Why has it rained so much in the UK – and is it climate change? Report highlights high pressure over patch of Pacific Ocean and phenomenon known as quasi-biennial oscillation
The Market On Tuesday
Good morning. It is -3 degrees and partly clear here in Upstate NY. Okay, okay, the frigid cold is lingering a little bit longer than we would like maybe, but it'll pass. The sun is rising in the sky and staying out there longer and longer, so the warmth will come. That's a fact. Shirley Temple Black has passed away. She was an institution, literally a pillar for my generation. The older generation will miss her and the younger generations may or may not learn about her. All things pass, the world keeps changing, and at some point you recognize that this happens much faster than you once thought.
At 7:50 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Investors are very interested in hearing what new Fed Chair Janet Yellen will be saying this morning. They will be literally hanging on every word and listening carefully for specific ideas on how the Fed will approach the next financial period. With job creation practically stalling out, can the Fed do anything more to stimulate the corporate economy. Here's what I think. Investors want more quantitative easing as do corporations. The corporate economy stands to do very well with cheap plentiful liquidity but that might not really translate into new jobs, just better looking balance sheets. There needs to be a new industrial revolution in the green economy and use the central idea of renewable resources as the theme for this revolution. This is where job creation needs to be.
CNN: Stocks: Waiting on Yellen, earnings
At 7:50 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Investors are very interested in hearing what new Fed Chair Janet Yellen will be saying this morning. They will be literally hanging on every word and listening carefully for specific ideas on how the Fed will approach the next financial period. With job creation practically stalling out, can the Fed do anything more to stimulate the corporate economy. Here's what I think. Investors want more quantitative easing as do corporations. The corporate economy stands to do very well with cheap plentiful liquidity but that might not really translate into new jobs, just better looking balance sheets. There needs to be a new industrial revolution in the green economy and use the central idea of renewable resources as the theme for this revolution. This is where job creation needs to be.
CNN: Stocks: Waiting on Yellen, earnings
The new head of the Federal Reserve, Janet Yellen, is scheduled to testify before the House Financial Services Committee at 10 a.m. ET.
European markets were broadly higher in morning trading...
Monday, February 10, 2014
DOW Lower At Noon
In the noon hour the DOW is at 15,769.17 down 24.91 points.
CNN: Regulators fear more bad mortgage practices
CNN: Regulators fear more bad mortgage practices
The Market On Monday
Good morning. It is 15 degrees and sunny here in Upstate NY. We are into a slight warming trend and by that I mean that the temperatures are not down below zero. Technically there are only 37 days left till the first day of spring. Hey we can do 37 days of hard time standing on our heads. With the sun getting higher and higher in the sky, an afternoon walk feels goods, the sun will keep you warm even in the cold. The daylight is creeping back and most afternoon return home commutes are in the light not the dark. I'm itchy for spring, the garden plans are being drawn up. It's a great richness to be able to go out to the garden and pick vegetables for the meal.
At 8:00 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Not a lot has changed, investors are looking over fourth quarter corporate reports and are sizing up the tapering down of quantitative easing. Given the miserable jobs report from last Friday one suspects investors are hoping the Fed will back away from the tapering rule. Let's see what new Fed Chair Janet Yellen does as she enters her new job in the midst of this poor jobs creation dilemma. Will she stick to the script or go into some off the cuff improv.
CNN: Stocks: Downbeat start to the week
At 8:00 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Not a lot has changed, investors are looking over fourth quarter corporate reports and are sizing up the tapering down of quantitative easing. Given the miserable jobs report from last Friday one suspects investors are hoping the Fed will back away from the tapering rule. Let's see what new Fed Chair Janet Yellen does as she enters her new job in the midst of this poor jobs creation dilemma. Will she stick to the script or go into some off the cuff improv.
CNN: Stocks: Downbeat start to the week
Trading could be quiet Monday, with few major corporate or economic reports set for release.
Sunday, February 09, 2014
Good Night
'THAILAND - In the Garden of the Dragon'
THAILAND - In the Garden of the Dragon from Justin Heaney on Vimeo.
Saturday, February 08, 2014
Off To Another Planet Or See Ya Later Armageddon Maker
Okay, I've heard several people say the same thing to me recently and I have to take it to task. People are telling me that humans have messed up the planet so badly that we have to somehow or other get humanity off onto another planet in order to continue as a species. Okay, let's think about this a second.
Even if this were somehow possible to do at point 'a' in the future, who exactly do you think would go off to this other planet? I will tell you who will go off to this planet. It would be the same people who are presently intimately involved with messing up this planet. I mean I seriously doubt a group of Quakers from Idaho are going to band together and buy a spacecraft and send it off to planet 'x' where they promise to grow their own vegetables, live in huts, not make any cars, and just pray and think peaceful thoughts all day long, year after year. Nope, they are not going. Who would go would be corporate megabuck bigwigs because they could bank it and set the terms. And guess what happens on plant 'x'? The same, the exact same thing happens, the same exploitation and environmental degradation. What great spiritual leap would have also somehow magically occurred that gets people into another place without the baggage of humanity's greedy irresponsible flaws?
Here is my point. It is imperative for us to get active now, right here. There's no magical solution, no other planet, no exploitation free zones.
Recapping - get active now.
Even if this were somehow possible to do at point 'a' in the future, who exactly do you think would go off to this other planet? I will tell you who will go off to this planet. It would be the same people who are presently intimately involved with messing up this planet. I mean I seriously doubt a group of Quakers from Idaho are going to band together and buy a spacecraft and send it off to planet 'x' where they promise to grow their own vegetables, live in huts, not make any cars, and just pray and think peaceful thoughts all day long, year after year. Nope, they are not going. Who would go would be corporate megabuck bigwigs because they could bank it and set the terms. And guess what happens on plant 'x'? The same, the exact same thing happens, the same exploitation and environmental degradation. What great spiritual leap would have also somehow magically occurred that gets people into another place without the baggage of humanity's greedy irresponsible flaws?
Here is my point. It is imperative for us to get active now, right here. There's no magical solution, no other planet, no exploitation free zones.
Recapping - get active now.
Friday, February 07, 2014
Advice
"I don't know what to tell you. A statement is easy, and here it is: Be yourself. Try to matter. Be a good friend. Love freely, even if you are likely--almost guaranteed--to be hurt, betrayed. Do what you were created to do. You'll know what this is, because it is what you keep creeping up to, peering at, dreaming of. Do it. If you don't, you'll be punching clocks and eating time doing precisely what you shouldn't, and you'll become mean and you'll seek to punish any and all who appear the slightest bit happy, the slightest bit comfortable in their own skin, the slightest bit smart. Cruelty is a drug, as well, and it's all around us. Don't imbibe.
"Try to matter. Try to care. And never be afraid to admit that you just don't know, you just don't fucking know how you're going to make it. That's when the help--the human and the divine help--shows up." - Tennessee Williams/Interview with James Grissom/1982
Good Night
'The Epic Land Part 1 - New Zealand Landscapes Timelapse'
The Epic Land Part 1 - New Zealand Landscapes Timelapse from Bevan Percival on Vimeo.
DOW Higher At Noon
In the noon hour the DOW is at 15,718.18 up 89.65 points.
113,000!!!
CNN: Why the bad jobs number is really bad for the Fed
113,000!!!
CNN: Why the bad jobs number is really bad for the Fed
The Market On Friday
Good morning and welcome to the weekend. It is -3 degrees and sunny here in Upstate NY. The weather logos indicate that we are in for a solid week of super cold lows and you thought we had enough of that already. In spite of the cold the sun is getting higher in the sky and the daylight is returning bit by bit. We are gaining slightly more than 2 1/2 minutes of daylight at this point. Now this is winter.
At 8:15 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open mostly higher but some energy stocks may lag.
At 8:30 a.m. we get the monthly government jobs report. This is probably the most compelling bit of information that investors will parse today and it may very well set the tone for the indexes. On the other hand one never knows what surprise ameliorating factor can arise that could take precedence over the report. I'm just trying to cover my tracks. Regardless most are betting the report will best last month's by a mile. Stay warm.
CNN: Stocks: Perky ahead of the jobs report
At 8:15 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open mostly higher but some energy stocks may lag.
At 8:30 a.m. we get the monthly government jobs report. This is probably the most compelling bit of information that investors will parse today and it may very well set the tone for the indexes. On the other hand one never knows what surprise ameliorating factor can arise that could take precedence over the report. I'm just trying to cover my tracks. Regardless most are betting the report will best last month's by a mile. Stay warm.
CNN: Stocks: Perky ahead of the jobs report
The U.S. government is set to release its monthly jobs report at 8:30 a.m. ET.
Thursday, February 06, 2014
Hum
Here's something I definitely did not know. When you breathe through your nose, not your mouth, your nasal passages produce nitric oxide which aids in how we absorb oxygen into the body. While checking this out online I stumbled across the article linked below which states that when you hum while exhaling through your nose there is an increase in the nasal production of nitric oxide by 15 fold.
ATSJournals: Humming Greatly Increases Nasal Nitric Oxide
ATSJournals: Humming Greatly Increases Nasal Nitric Oxide
The Daily Show - Koch Blocked
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DOW Higher At Noon
In the noon hour the DOW is at 15,599.92 up 159.69 points.
CNN: Stocks soar after jobs data, Twitter tanks
The Market On Thursday
Good morning. It is 18 degrees and cloudy with some sun here in Upstate NY. I was hoping for that post snow storm brilliant clear sunny day, maybe later on this afternoon we'll get some of that. Recapping, there are three stories that at present have my attention. That would be Christie's bridge-gate which has implications right to the White House, California's drought which is huge in consequence and probably related to the reshaping of weather patterns, and finally the instability in the stock market as a consequence of the winding down of quantitative easing. Of these three it is the drought that is the most demanding issue. Without a sustainable world environment the machinations of money and power are nothing but a moot point.
At 8:10 a.m. ET DOW futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Without the benefit of an accurate crystal ball which sees into the future, one might presume that the recent downward trend is a market correction. Perhaps we get 4 days of losses and one of gains, who knows, but the recent trend has been down with the DOW losing over 1,000 points in the past weeks. Eventually quantitative easing will end, the markets will have to adjust to the loss of ultra abundant and cheap liquidity, and the merits of the economy have to stand up on its own two feet so to speak. That process is just beginning to unfold.
CNN: Stocks: Looking steady, except for Twitter
At 8:10 a.m. ET DOW futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Without the benefit of an accurate crystal ball which sees into the future, one might presume that the recent downward trend is a market correction. Perhaps we get 4 days of losses and one of gains, who knows, but the recent trend has been down with the DOW losing over 1,000 points in the past weeks. Eventually quantitative easing will end, the markets will have to adjust to the loss of ultra abundant and cheap liquidity, and the merits of the economy have to stand up on its own two feet so to speak. That process is just beginning to unfold.
CNN: Stocks: Looking steady, except for Twitter
Peter Cardillo, chief market economist at Rockwell Global Capital, said that markets could have a tough time holding onto gains, since they're in a "market correction" mode with a "negative bias."
Wednesday, February 05, 2014
DOW Closes Lower
The DOW closed at 15,440.23 dropping 5.01 points.
CNN: What the drop in the market means for stocks (and the economy)
CNN: What the drop in the market means for stocks (and the economy)
175,000
The desired number was 185,000. The government will release it's report on jobs created in January on Friday and their number does not always match up with ADP's number. It is the government number that carries the weight.
Business Insider: ADP JOBS REPORT MISSES EXPECTATIONS
Business Insider: ADP JOBS REPORT MISSES EXPECTATIONS
Christie's Magical Mystery Tour
The magic is that the rest of the country doesn't really get the local news on bridgegate plus this isn't enough of a scandal to deflect GOPers. This only makes them more furious about Benghazi.
Reuters: Facing scandal at home, Christie set to launch national tour
Reuters: Facing scandal at home, Christie set to launch national tour
The Market On Wednesday
Good morning. It is 26 degrees and furiously snowing here in Upstate NY. We've already gotten several inches of snow. There are school closings and such, the snowfall continues until 6 tonight. Please drive safely and keep plenty of space between your car and the next guy's. It's a very fine type of snow, dry, powdery, not big and heavy. Skiers will enjoy this.
At 8:10 a.m. ET futures are slightly lower and the price of oil per barrel is up. The market is poised to open in the mixed area except...
At 8:15 a.m. ET ADP will release its reading of job creation in January. The big government report on jobs created will be released on Friday and with the market in correction mode, this will be huge. Unfortunately we sort of know the answer as no recent month has really popped out with an impressive number of new jobs. It's more along the lines of hoping that the report will not be attrocious. It's possible that the market could revolve around the ADP report.
CNN: Stocks: Slowing down to assess damage
At 8:10 a.m. ET futures are slightly lower and the price of oil per barrel is up. The market is poised to open in the mixed area except...
At 8:15 a.m. ET ADP will release its reading of job creation in January. The big government report on jobs created will be released on Friday and with the market in correction mode, this will be huge. Unfortunately we sort of know the answer as no recent month has really popped out with an impressive number of new jobs. It's more along the lines of hoping that the report will not be attrocious. It's possible that the market could revolve around the ADP report.
CNN: Stocks: Slowing down to assess damage
Payroll processor ADP will release its monthly figures on private-sector employment at 8:15 a.m. ET. That report is often considered a barometer of what to expect from the government's key monthly jobs report, due out early Friday.
Tuesday, February 04, 2014
Good Night
'Lot 254' - answering the burning question, can somebody make a 3 minute very creepy horror short? And apparently they can.
LOT254 from Toby Meakins on Vimeo.
Too Much Time On Their Hands
Of all of the idiotic directions to point one's gun at, this is a new low. Yes, the bar has been lowered, and you thought it wasn't possible.
The Daily News: Coca Cola's 'America the Beautiful' Super Bowl commercial angers conservative pundits - Glenn Beck and Fox News pundits are among those outraged by patriotic standard sung in seven languages.
The Daily News: Coca Cola's 'America the Beautiful' Super Bowl commercial angers conservative pundits - Glenn Beck and Fox News pundits are among those outraged by patriotic standard sung in seven languages.
DOW Higher At Noon
In the noon hour the DOW is at 15,464.09 up 91.29 points.
CNN: Stocks bounce a bit after Monday's huge loss
CNN: Stocks bounce a bit after Monday's huge loss
Alaska's Rape Epidemic
It would be nice to see someone like Sarah Palin who spends the majority of her time throwing raw meat to extremist conservatives, actually attempt to try to remedy something of major importance in her own state. Alaska tops the list, rape is an epidemic in that state.
CNN: List: States where rape is most common
CNN: List: States where rape is most common
The Market On Tuesday
Good morning. It is 21 degrees with some sunshine here in Upstate NY. We are expected to get walloped with snow starting around midnight tonight and lasting through Wednesday. As much as I dislike the snow, this is a really good thing. We need the water and the plants need the root insulation. Maybe I can bust out the cross country skies and try my hand at maneuvering the mean suburban streets before the plows mess it up with salt.
At 8:25 a.m. ET futures are moderately higher and the price of oil per barrel is higher. The market is poised to open higher.
As we know the market has been in correction mode with the DOW dropping nearly 1,000 points since the announcement of more quantitative easing tapering followed by investors pulling out of peripheral economies. The morning article is optimistic but recall that yesterday DOW futures were similarly higher and the market severely tumbled to the close. It's impossible to predict but hopefully calmer minds will prevail.
CNN: Stocks: Time for a bounce?
At 8:25 a.m. ET futures are moderately higher and the price of oil per barrel is higher. The market is poised to open higher.
As we know the market has been in correction mode with the DOW dropping nearly 1,000 points since the announcement of more quantitative easing tapering followed by investors pulling out of peripheral economies. The morning article is optimistic but recall that yesterday DOW futures were similarly higher and the market severely tumbled to the close. It's impossible to predict but hopefully calmer minds will prevail.
CNN: Stocks: Time for a bounce?
...the U.S. Census Bureau is scheduled to release its monthly report on factory orders at 10 a.m. ET.
Shares of KFC-owner Yum! Brands jumped after it reported better-than-expected earnings.
Monday, February 03, 2014
DOW Lower At Noon
In the noon hour the DOW is at 15,493.18 down 205.67 points.
CNN: Dow down more than 200 points on weak data
CNN: Dow down more than 200 points on weak data
The Market On Monday
Good morning. It is 31 degrees and overcast here in Upstate NY. Mostly all of the remaining snow from the last storm of a few weeks ago is now gone. All that remains is the icy crusty remnants of snow pushed into piles by plows. The ground is brown and pretty hard. I suspect this is how winter is going to look around here from now on. We'll get the occasional snowstorm but most of the time there's no snow, it's like a dreary colder extension of the fall. Our memories of snow cover will fade. Regrettably this evening we will attend the wake of a much too young family friend who tragically died on Friday. We'll miss him, always remember to appreciate your many blessings.
At 8:20 a.m. ET futures are modestly higher and the price of oil per barrel is up. The market is poised to open slightly higher.
The same Wall Street elements from last week remain in effect. With the tapering down of quantitative easing, the global economy is now adjusting to the reality of less cheap fluid easy liquidity. Beyond that there is a continuing wave of fourth quarter corporate reports along with a few reports on the overall health of the economy, in particular construction and manufacturing. There's a lot to juggle there and where the market closes at 4 is anyone's guess.
CNN: Stocks: No sign of a rebound
At 8:20 a.m. ET futures are modestly higher and the price of oil per barrel is up. The market is poised to open slightly higher.
The same Wall Street elements from last week remain in effect. With the tapering down of quantitative easing, the global economy is now adjusting to the reality of less cheap fluid easy liquidity. Beyond that there is a continuing wave of fourth quarter corporate reports along with a few reports on the overall health of the economy, in particular construction and manufacturing. There's a lot to juggle there and where the market closes at 4 is anyone's guess.
CNN: Stocks: No sign of a rebound
...U.S. Census Bureau will release its monthly report on construction spending at 10 a.m. ET.
Many emerging markets have suffered over the past few weeks as investors have moved money out of riskier markets in favor of relative safe havens.
Sunday, February 02, 2014
Fentanyl Laced Heroin
People are OD-ing on this stuff by the dozens in the last week. It can shut down the respiratory system.
Mail Online: Authorities investigate possible link between killer heroin batch that has killed at least a hundred in recent weeks and Hoffman's death
Mail Online: Authorities investigate possible link between killer heroin batch that has killed at least a hundred in recent weeks and Hoffman's death
Good Night
'Edgar Wright and the Art of Close-Ups'
Edgar Wright and the Art of Close-Ups from David Chen on Vimeo.
Relevant
“They who have put out the people's eyes reproach them of their blindness.” John Milton 1608 - 1674
Super
I never got hooked on football. To me it's an extremely dangerous and often disfiguring activity plus I recoiled from the football players' mindset that I witnessed in high school. But for all the millions and millions of people that enjoy watching the sport and rooting for their team, relish the day, have great fun. Basketball players are constantly wrecking knees and ankles, and I so much enjoy cheering for the NY Knicks, so yes there is hypocrisy in my statement. I'll be the first to admit it. Tonight maybe I'll watch a movie, practice the guitar, eat a fine meal, take the dog for walk, and relax in a football free environment.
Weekly Round Up
AlterNet: The 10 Vilest Things Right-Wing Nutjobs Spewed This Week: Equality Sucks Edition - Surprise, surprise, a one percenter thinks we are not all created equal.
8. Phyllis Schlafly: 'Many Americans are moving out of marriage equality states in protest.'
Saturday, February 01, 2014
Good Night
'A Handy Tip For the Easily Distracted” by Miranda July'
“A Handy Tip For the Easily Distracted” by Miranda July - NOWNESS from NOWNESS on Vimeo.
Alleged Knowing
We may be witnessing the take down of the best hope the GOP has for the 2016 presidential election. Right now Christie is up to his eyeballs in allegations and damage control.
NYT: Christie Linked to Knowledge of Shut Lanes
NYT: Christie Linked to Knowledge of Shut Lanes
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