Friday, October 31, 2014
Radical
CS Monitor: From Bacon's Rebellion to the Boston Bombings: How well do you know American extremism? A quiz.
Halloween Carpetbaggers
WaPo: Halloween carpetbaggers expose the fault lines between the haves and have-nots
Some of the carpetbaggers are poor kids whose parents are looking for safer, more affluent streets to take their kids.
Let’s be honest here. A lot of this is about race and class, about the haves and the have-nots.
The Market On Friday
Good morning. It is a chilly 35 degrees and sunny here in the Upper Hudson Valley. A sunny day is expected. Well, after being blown out of Madison Square Garden on Wednesday night, the Knicks rallied and beat the Cavaliers last night. Sports analysts will be wondering how this occurred for the next several days. The Knicks' bench was very good and outscored the Cavaliers' bench by around 40 points. That is huge. The Cavaliers played their team of exceptional starters for an ungodly number of minutes and I suspect those guys were exhausted. Maybe there is some hope. Personally I expected the Knicks to get blown out for a second time.
At 8:45 a.m. ET futures are significantly higher and the price of oil per barrel is down. The market is poised to open higher and more than likely energy stocks will once again take a pounding.
Investors are pleased to see that the Bank of Japan is picking up where the Fed left off in promoting it's own further version of quantitative easing. This is rallying this morning's futures. Regardless, it's been a strange week and now we can look forward to the weekend.
Reuters: Futures rally after BOJ ramps up stimulus
At 8:45 a.m. ET futures are significantly higher and the price of oil per barrel is down. The market is poised to open higher and more than likely energy stocks will once again take a pounding.
Investors are pleased to see that the Bank of Japan is picking up where the Fed left off in promoting it's own further version of quantitative easing. This is rallying this morning's futures. Regardless, it's been a strange week and now we can look forward to the weekend.
Reuters: Futures rally after BOJ ramps up stimulus
"Investors have been watching for a while to see if the rest of the world would start to grow and help multinationals in the U.S.; this (BOJ stimulus) is a great step towards that..."
Thursday, October 30, 2014
Global Warming - 'Global Warming Is A Lie'
The right has been running wild with the 'great' and 'profound' news from Weather Channel founder John Coleman that global warming does not exist. Well there ya have it, wasn't that simple and easy. Now onto something more challenging. No problemo.
HuffPo: Weather Channel Co-Founder Tells Fox News Host Global Warming Is A Myth
HuffPo: Weather Channel Co-Founder Tells Fox News Host Global Warming Is A Myth
Keep It Unreal
AlterNet: 10 Most Insane Fear-Mongering GOP Lies in Time for Halloween - The GOP is pulling out its worst scaremongering tactics to get voters to the polls.
2. Obama Cut A Secret Deal To Bring Ebola To The United States
The Market On Thursday
Good morning. It is 46 degrees and sunny here in the Upper Hudson Valley. Sunshine is predicted for today and tomorrow. Well last night's first game of the season was a disaster for my Knicks. It was so bad that I actually had to turn it off. The Knicks were not just bad, they were horrible. The Chicago Bulls literally ate them alive. Today they fly to Cleveland to get trounced once again in tonight's match-up. It's not our year Knicks fans, it's not our year.
At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
There are so many things happening in the economic realm at the moment, one wonder how anyone can make sense of it all. Fresh third quarter GDP number came in this morning with the US economy allegedly growing at a rate of 3.5% - whatever the hell that truly means, seriously it's a very profoundly flawed measure. Nevertheless, it's a solid number. First time layoff numbers for the last week were at 287,000 which still suggests an improving job market. Then the world as always is partially collapsing under the weight of immense hubris and greed. Plus quantitative easing is now officially over. Add it all up and the weekend can't come soon enough.
CNN: Stocks: 4 things to know before the open
At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
There are so many things happening in the economic realm at the moment, one wonder how anyone can make sense of it all. Fresh third quarter GDP number came in this morning with the US economy allegedly growing at a rate of 3.5% - whatever the hell that truly means, seriously it's a very profoundly flawed measure. Nevertheless, it's a solid number. First time layoff numbers for the last week were at 287,000 which still suggests an improving job market. Then the world as always is partially collapsing under the weight of immense hubris and greed. Plus quantitative easing is now officially over. Add it all up and the weekend can't come soon enough.
CNN: Stocks: 4 things to know before the open
Investors are watching various European economic figures coming in on unemployment, inflation and consumer confidence.
Wednesday, October 29, 2014
The Market On Wednesday
Good morning. It is 58 degrees and raining here in the Upper Hudson Valley. Rain is now expected right through the weekend, so much for a sunny week. Well today is the big day, the Knicks' season opener is tonight in MSG against the Bulls. I don't really expect a whole lot from the team this year as they are clearly in transition but my number one source of entertainment is back. I look forward to sitting on the couch and playing my guitar, yelling at the players as they fumble through it all, and occasionally roaring in approval. Now we're talking.
At 9:00 a.m. ET futures are flat and the price of oil per barrel is up. The market is poised to open in the flat to slightly higher area.
Today the Fed is expected to announce the end of quantitative easing. This is a big deal and I have no idea how this will all shake out. One thing we do know is that it will shake out. The possibilities are endless and my curiosity about it all is high. Stay tuned.
CNN: Stocks: 6 things to know before the open
At 9:00 a.m. ET futures are flat and the price of oil per barrel is up. The market is poised to open in the flat to slightly higher area.
Today the Fed is expected to announce the end of quantitative easing. This is a big deal and I have no idea how this will all shake out. One thing we do know is that it will shake out. The possibilities are endless and my curiosity about it all is high. Stay tuned.
CNN: Stocks: 6 things to know before the open
The Fed is expected to announce the conclusion of its massive stimulus program this afternoon.
Tuesday, October 28, 2014
Oyster-Tecture
This is very cool and unfortunately also underscores our collective short-sightedness.
dogonews: How The Humble Oyster May Help Save Coastal Cities And Clean Polluted Waters
dogonews: How The Humble Oyster May Help Save Coastal Cities And Clean Polluted Waters
The Market On Tuesday
Good morning. It is 45 degrees and overcast yet sunny here in the Upper Hudson Valley. Rain is expected, we shall see. Jack Bruce has just passed away. All our Rock legend heroes are leaving us one by one. I always liked his voice, I thought he was a terrific singer on those early Cream albums. He had a lot of range and clarity to his singing. Rest in peace Jack Bruce.
At 8:50 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Investors will be very interested to hear what the Fed says on Wednesday at the end of their two day meeting. The expectation that quantitative easing will have a final ending deadline is in the air. One wonders how that major news will affect equities around the world. Hold onto your hats, it could be a wild ride week.
CNN: Stocks: 5 things to know before the open
At 8:50 a.m. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Investors will be very interested to hear what the Fed says on Wednesday at the end of their two day meeting. The expectation that quantitative easing will have a final ending deadline is in the air. One wonders how that major news will affect equities around the world. Hold onto your hats, it could be a wild ride week.
CNN: Stocks: 5 things to know before the open
On Wednesday, the Fed is widely expected to announce the conclusion of its massive stimulus program. Known as quantitative easing, the program is credited for driving investors back into stocks in the aftermath of the financial crisis.
Monday, October 27, 2014
Have A Great Monday
work by Zinaida Serebriakova - Russian artist 1884 - 1967 - This is a self portrait.
The Drought
The Weather Channel: Yosemite Black Bear Encounters on the Rise Amidst California Drought
The Market On Monday
Good morning. It is 50 degrees and hazy cloudy here in the Upper Hudson Valley. The forecast is showing more sun this coming week after last week's daily rain pattern. I hope you had a good relaxing weekend. The Fall has kicked into a higher gear. My good news is that the rebuilt wall in my living room is now fully insulated and my heating system is back on line. The house is already much warmer from the insulation. Next comes sheetrock, taping, trim work, and painting. Eventually we'll put in a new replacement window as well. It's been an intense couple of weeks surrounding this project and now I can take a breather.
At 9:00 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
I'm gathering from the morning's report that the economic conditions in the Eurozone are dragging on the world economy right now. That in addition to the glut of oil from the Saudi's is stressing equities. That's the most obvious culprit, regardless, third quarter corporate reports continue to come through and affect the mix.
CNN: Stocks: 4 things to know before the open
At 9:00 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
I'm gathering from the morning's report that the economic conditions in the Eurozone are dragging on the world economy right now. That in addition to the glut of oil from the Saudi's is stressing equities. That's the most obvious culprit, regardless, third quarter corporate reports continue to come through and affect the mix.
CNN: Stocks: 4 things to know before the open
...the European Central Bank revealed that 25 financial firms failed an extensive health check.
...a new report out of Germany showing economic conditions in the nation continued to deteriorate in October.
Sunday, October 26, 2014
Have A Great Sunday
work by Zinaida Serebriakova - Russian artist 1884 - 1967 - This is a self portrait.
Saturday, October 25, 2014
The Drought
Man, talk about adding insult to injury. Here's where we pay the price for our previous actions. Politicians should take heed, as in a very similar way to the problem that this article addresses we are leaving future generations a much greater injury by dumping gigatons of CO2 into the atmosphere thereby shifting the earth's climate for untold decades to come and for the worse.
NBC: Unsafe Drinking Water Adds to California's Drought Misery
NBC: Unsafe Drinking Water Adds to California's Drought Misery
The problem is that the groundwater it is using is unsafe for nearly 800,000 residents, according to the state's water resources control board, because of longtime contamination from nitrates and arsenic.
Friday, October 24, 2014
The Drought
The article is about one of the hardest hit areas in California.
Reuters via Yahoo News: California community suffers as wells dry up in drought
Reuters via Yahoo News: California community suffers as wells dry up in drought
The Market On Friday
Good morning. It is 45 degrees and rainy here in the Upper Hudson Valley. The rain is expected to clear on Saturday. Well I rushed through all of the work on my house necessary for the plumber to come today and do his work in reconnecting the heating system. But there's a little problem, it's raining and the rain prevents the PVC pipe from fusing properly. Some of the work has to occur external to the house. I was rushing around through the early evening last night completely exhausting myself and it turns out I didn't have to do that. The plumber is now rescheduled for Saturday.
At 9:00 a.. ET futures are slightly lower and the price of oil per barrel is down. The market is poised to open lower.
Fear still seems to be dominating the market as investors now grapple with an Ebola case right down the road from Wall Street, literally. The fear from Ebola is of course at present over-stated but I did read an article last night which discusses how the virus could very well mutate into one that is in fact air born. I mean the virus has managed to get itself all around the world now, why not go through a few million quick mutations. Regardless, barring a late rally, it looks like Wall Street is in for a bummer day.
CNN: Stocks: 4 things to know before the open
At 9:00 a.. ET futures are slightly lower and the price of oil per barrel is down. The market is poised to open lower.
Fear still seems to be dominating the market as investors now grapple with an Ebola case right down the road from Wall Street, literally. The fear from Ebola is of course at present over-stated but I did read an article last night which discusses how the virus could very well mutate into one that is in fact air born. I mean the virus has managed to get itself all around the world now, why not go through a few million quick mutations. Regardless, barring a late rally, it looks like Wall Street is in for a bummer day.
CNN: Stocks: 4 things to know before the open
Investors are getting fed up with the constant stream of losses at Amazon.
Thursday, October 23, 2014
Ebola Patient In NYC
He is the fourth Ebola patient in the USA.
NY Times: Patient in New York City Tests Positive for Ebola
NY Times: Patient in New York City Tests Positive for Ebola
The Market On Thursday
Good morning. It is 45 degrees and raining here in the Upper Hudson Valley. Rain is expected over the next 3 days. This is a bummer for me as I have exterior work to do to the house and it needs to be completed by tomorrow. Time to break out the rain gear. Maybe the clouds will part for a few hours later on.
At 8:50 a.m. ET futures are significantly higher and the price of oil per barrel is up. The market is poised to open higher.
I just saw the weekly first time layoff number - 283,000. That's still pretty good and points to a little more opening in the job market. I was shocked to see the market take an extraordinary dive at the end of Wednesday's session. I haven't looked into the reasoning for it but I suspect the calamity in Canada might have been part of the it. Investors will continue to parse third quarter corporate results today and the market correction or rebound will take on more definition by closing.
CNN: Stocks: 4 things to know before the open
At 8:50 a.m. ET futures are significantly higher and the price of oil per barrel is up. The market is poised to open higher.
I just saw the weekly first time layoff number - 283,000. That's still pretty good and points to a little more opening in the job market. I was shocked to see the market take an extraordinary dive at the end of Wednesday's session. I haven't looked into the reasoning for it but I suspect the calamity in Canada might have been part of the it. Investors will continue to parse third quarter corporate results today and the market correction or rebound will take on more definition by closing.
CNN: Stocks: 4 things to know before the open
Quarterly results are due to come thick and fast Thursday.
Wednesday, October 22, 2014
The Market On Wednesday
Good morning. It is 50 degrees and grey here in the Upper Hudson Valley. Rain is expected through the rest of the week. My housework is proceeding nicely as I rebuild an exterior wall. The plan is to have it buttoned up and at least insulated by the end of Sunday. Then it's onto the next problem. I think many people own houses simply to keep themselves busy...
At 8:50 a.m. ET futures are flat and the price of oil per barrel is up. The market is poised to open in the flat to slightly higher area.
The barrage of corporate earnings continues and now the challenge is on. Will third quarter corporate results outweigh world economic turbulence and the threat of Ebola. Who knows. In the past few days the market has rebounded a bit but investor fear remains and because of that the market's direction is unclear. We have had a correction, then a slight reprieve, the next move is unknown.
CNN: Stocks: 4 things to know before the open
At 8:50 a.m. ET futures are flat and the price of oil per barrel is up. The market is poised to open in the flat to slightly higher area.
The barrage of corporate earnings continues and now the challenge is on. Will third quarter corporate results outweigh world economic turbulence and the threat of Ebola. Who knows. In the past few days the market has rebounded a bit but investor fear remains and because of that the market's direction is unclear. We have had a correction, then a slight reprieve, the next move is unknown.
CNN: Stocks: 4 things to know before the open
A slew of big companies are reporting earnings.Reuters: U.S. consumer prices barely rise as energy costs fall
Tuesday, October 21, 2014
The Drought
The article gets into one of the multitude of ways that the drought is affecting the California economy.
NBC News: 'Drought' Beer: California Breweries Hit a Dry Spell
NBC News: 'Drought' Beer: California Breweries Hit a Dry Spell
The Market On Tuesday
Good morning. It is 48 degrees and rainy here in the Upper Hudson Valley. Rain is expected throughout the week and that's a bummer for me because I have to do exterior work on the house. The activity level in the neighborhood is really picking up as people rush to get last minute work done to their houses before the snow flies. We see that Oscar Pistorius got 5 years for murdering his girlfriend. Seems pretty light to me, he can ask for parole in 10 months. That whole case seemed at best terribly sketchy and suspicious.
At 7:50 am. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Allegedly some of the recent fear factors that have added to the recent market correction have for the time being slightly subsided. Emotion and especially fear play a large part in market activity. One suspects that the onslaught of third quarter corporate reports will be quite a bit to parse. The latest quarter Chinese GDP is being reported to show slower growth than anytime in the last 5 years, this could be a different mine field all together. The market has a lot to balance but today looks like there might be a stronger opening.
CNN: Stocks: 6 things to know before the open
At 7:50 am. ET futures are moderately higher and the price of oil per barrel is up. The market is poised to open higher.
Allegedly some of the recent fear factors that have added to the recent market correction have for the time being slightly subsided. Emotion and especially fear play a large part in market activity. One suspects that the onslaught of third quarter corporate reports will be quite a bit to parse. The latest quarter Chinese GDP is being reported to show slower growth than anytime in the last 5 years, this could be a different mine field all together. The market has a lot to balance but today looks like there might be a stronger opening.
CNN: Stocks: 6 things to know before the open
Concerns about a slowing global economy, deflation in Europe, spreading Ebola and Federal Reserve policy all contributed to concern and erratic trading in the markets over the past few days.
Monday, October 20, 2014
The Market On Monday
Good morning. It is a crisp 40 degrees and sunny here in the Upper Hudson Valley. Fall is really here, the leaves are raining down, and the colors are wonderful. I hope you had a good weekend. I spent the weekend working on this old house. I have to get a wall rebuilt by Friday when the plumber comes to do his thing. I really got a good chunk of work done but there's plenty more to do this week including a materials delivery today. My next vision is living in an apartment where I don't have to do anything!
At 9:00 a.m. ET futures are moderately lower and the price of oil per barrel is up. The market is poised to open lower.
Well, what can we say, is the correction over? Who knows, but the morning is not looking too strong at all. Notice that the price of oil is up a small amount and oil's recent last few week price decline parallels the correction as it were. As it is third quarter corporate report period maybe the fundamentals of the US economy will start taking a more prominent position.
CNN: Stocks: 4 things to know before the open
At 9:00 a.m. ET futures are moderately lower and the price of oil per barrel is up. The market is poised to open lower.
Well, what can we say, is the correction over? Who knows, but the morning is not looking too strong at all. Notice that the price of oil is up a small amount and oil's recent last few week price decline parallels the correction as it were. As it is third quarter corporate report period maybe the fundamentals of the US economy will start taking a more prominent position.
CNN: Stocks: 4 things to know before the open
Apple, IBM, and Chipotle will report quarterly results at the close.
European markets are all declining in early trading after a slew of major European firms reported disappointing earnings.
Sunday, October 19, 2014
Our Environment
Guardian UK: Glimpses of extinction: the pictures that capture the stories - This year’s Wildlife Photographer of the Year exhibition will again document the planet’s rarest animals and focus on the twists of fate that decide survival
Guardian UK: Death of white rhino in Kenya leaves only six animals alive in the world - Fears grow for future of northern white rhino species after loss of 34-year-old Suni, one of last two breeding males in the world
Guardian UK: Death of white rhino in Kenya leaves only six animals alive in the world - Fears grow for future of northern white rhino species after loss of 34-year-old Suni, one of last two breeding males in the world
Meditation, Neuroplasticity, Health Benefits
Check this out - it was posted on a friend's wall on Facebook. The friend is a nurse.
I'm reading a nurse CE about meditation. :" Data have shown that people who meditated 40 minutes a day had a thicker cerebral cortex (the area playing a critical role in decision-making) than people who did not meditate.17 This research suggests that daily meditation can alter the physical structure of the brain, and it may have positive applications related to aging, such as enhanced memory. Meditation has been shown to produce significant increases in left-sided anterior brain activity, which is associated with positive emotional states. Neuronal firings in the amygdala have been associated with positive emotions and have led researchers to discover and measure the connection between the brain’s lighted activity centers and mood.18 (Level B) Not only did this map brain activity, but it also took the concept of neuroplasticity a step further by showing that meditation may change the mapping of brain circuitry. In a recent review, researchers say that meditation may be of benefit to adults with cognitive impairment, such as Alzheimer disease, but more research is needed." also this: "Meditation is being incorporated into many clinical practices by teams of healthcare providers. By reducing stress and developing concentration, meditation can not only increase concentration but also may help prevent job burnout.36 (Level C) The result is a better relationship with patients and perhaps a method for self-healing."
Saturday, October 18, 2014
Friday, October 17, 2014
The Market On Friday
Good morning. It is 55 degrees and scattered cloudy here in the Upper Hudson Valley. It looks like we could be in for a glorious Fall day, I hope. I'm back to working on this old house. Part of the work is about trying to rebuild an entire exterior wall before the temperatures turn unfriendly. I've got a really good jump on the work and plan to be good to go for the Winter in one week. It's good having enough health back so that I can do it as the project has been on hold for about a year.
At 8:10 a.m. ET futures are significantly higher and the price of oil per barrel is up. The market is poised to open higher.
Although the market has been in decline over the last few weeks, it appears to be more of a significant correction than another crash as in 2008. We hope that's true. Regardless, the morning is set to open strongly - how it finishes is another matter. Could it be time to actually start paying attention to the economic indicators rather than the fear index?
CNN: Stocks: 4 things to know before the open
At 8:10 a.m. ET futures are significantly higher and the price of oil per barrel is up. The market is poised to open higher.
Although the market has been in decline over the last few weeks, it appears to be more of a significant correction than another crash as in 2008. We hope that's true. Regardless, the morning is set to open strongly - how it finishes is another matter. Could it be time to actually start paying attention to the economic indicators rather than the fear index?
CNN: Stocks: 4 things to know before the open
Rolls-Royce (RYCEY) is having a tough day on the London markets.
Thursday, October 16, 2014
NOAA Predicts Mild Winter
Live Science: Winter Forecast for US Nothing to Shiver About
Overall, forecasters expect mild winter conditions across much of the United States, scientists with the National Oceanic and Atmospheric Administration (NOAA) said...
Scary
AlterNet: Ebola Is Scary, But These 6 Things Are a Lot Scarier - Most Americans are just not at that much risk. Here are the real killers.
According to the CDC, nearly 48% of deaths in the U.S. are caused by cancer and heart disease. The leading cause of cancer is, by a country mile, smoking, yet 25% of American still smoke.
The Market On Thursday
Good morning. It is 68 degrees and rainy here in the Upper Hudson Valley. The weather logos are predicting a lot of rain right through to next week. Ebola remains very high on the news chart. We are witnessing developments each day, apologies, a new case, how to combat the disease, etc. I think the dam has burst, it's going to be hard to eradicate Ebola.
At 8:50 a.m. futures are massively lower and the price of oil per barrel is down. The market will tank at the opening bell.
The good news first - US first time jobless claims from the past week are now at a record low not seen in 14 years - 264,000. The bad news - it's all bad news. The correction continues and depending on how low it goes, the jobless claims will begin to swell. I will make a bold prediction though - at some point, the bleeding will end.
CNN: Stocks: 5 things to know before the open
At 8:50 a.m. futures are massively lower and the price of oil per barrel is down. The market will tank at the opening bell.
The good news first - US first time jobless claims from the past week are now at a record low not seen in 14 years - 264,000. The bad news - it's all bad news. The correction continues and depending on how low it goes, the jobless claims will begin to swell. I will make a bold prediction though - at some point, the bleeding will end.
CNN: Stocks: 5 things to know before the open
Some major indexes in Europe are declining by more than 3%.
Wednesday, October 15, 2014
The Market On Wednesday
Good morning. It is 70 degrees and overcast here in the Upper Hudson Valley. Rain is expected. The headlines point to another case of Ebola down in Texas. Let's get realistic, there's probably going to be many more cases and the disease is powerful and deadly as you know. We all feel the pressure of it because we all already exist with a certain amount of societal pressure - money, housing, politics, war, health care, aging etc etc etc. This unfortunately adds another layer of pressure to our existence. But the good news is that humanity is resilient and adaptive. I also think that humanity is fundamentally compassionate. We can adjust and figure it out. AIDS scared the hell out of us in the early 80s and now it's barely mentioned in the news.
At 8:40 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
A few stocks seems to be keeping their heads above water like Intel which posted a strong third quarter but generally speaking with the price of oil tanking the market is still in correction mode. The DOW is on the verge of slipping below 16K and what exactly is there to stop it at this moment.
CNN: Stocks: 4 things to know before the open
At 8:40 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
A few stocks seems to be keeping their heads above water like Intel which posted a strong third quarter but generally speaking with the price of oil tanking the market is still in correction mode. The DOW is on the verge of slipping below 16K and what exactly is there to stop it at this moment.
CNN: Stocks: 4 things to know before the open
Investors are preparing for a slew of big earnings announcements Wednesday.
At 2 p.m., the Federal Reserve will release its Beige Book, which is a compilation of anecdotal information about the state of the U.S. economy.
Tuesday, October 14, 2014
Mindful Training For The NY Knicks
Phil Jackson is basically teaching the NY Knicks to meditate. He's bringing in different instructors and the team likes it.
NY Post: Phil Jackson’s ‘brilliant’ plan for the Knicks that is very Zen
NY Post: Phil Jackson’s ‘brilliant’ plan for the Knicks that is very Zen
The Market On Tuesday
Good morning. It is 63 degrees and overcast here in the upper Hudson Valley. The weather logo is predicting sunshine and temperatures in the high 70s. Call it Indian Summer. The stories regarding the nurse who contracted Ebola down in Texas are all over the news. She looks so bright and very pretty, we hope she makes it. I wonder who enters nursing school and thinks they will get Ebola, yet this is a new reality. I just read where a man died from Ebola in Germany, so the disease is going global.
At 8:45 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher.
The market as far as I can tell is still in a correction mode. We could have a reasonable day today, maybe, but let's string together several in a row before any pronouncements are made. Energy stocks are taking it hard and this is the result of billionaires screwing around in world markets bless their little tiny blackened greedy souls.
CNN: Stocks: 4 things to know before the open
At 8:45 a.m. ET futures are moderately higher and the price of oil per barrel is down. The market is poised to open higher.
The market as far as I can tell is still in a correction mode. We could have a reasonable day today, maybe, but let's string together several in a row before any pronouncements are made. Energy stocks are taking it hard and this is the result of billionaires screwing around in world markets bless their little tiny blackened greedy souls.
CNN: Stocks: 4 things to know before the open
Looking at commodities, oil prices are declining and gold prices are rising in early trading.
Most Asian markets ended with losses...
Monday, October 13, 2014
Live
"Whatever you think matters - doesn't.
Follow this rule, and you will add
decades to your life." - Rodger Rosenblatt
The Market On Monday
Good morning. It is 43 degrees and overcast here in the Upper Hudson Valley. It looks like we are in for a rainy week but the forecast is for the temperature to go up into the 80s on Wednesday. I hope you had a good weekend. I took a little respite from blogging and a respite from the news in general. However I did watch the Knicks' second preseason game on Saturday night and I must say they looked pretty good.
At 8:45 a.m ET futures are modestly higher and the price of oil per barrel is down. The market is poised to open higher.
As you know we are into a full market correction. Today's opening is really a big question mark. Allegedly investors are hitting the panic button and no one knows when the correction will subside. However, this week there will be a full contingency of third quarter corporate reports and I'm curious to see how those reports will fly in the face of a market correction. The stock market is a fascinating thing, not only is it affected by actual data but it's also greatly affected by emotion.
CNN: Stocks: 5 things to know before the open
At 8:45 a.m ET futures are modestly higher and the price of oil per barrel is down. The market is poised to open higher.
As you know we are into a full market correction. Today's opening is really a big question mark. Allegedly investors are hitting the panic button and no one knows when the correction will subside. However, this week there will be a full contingency of third quarter corporate reports and I'm curious to see how those reports will fly in the face of a market correction. The stock market is a fascinating thing, not only is it affected by actual data but it's also greatly affected by emotion.
CNN: Stocks: 5 things to know before the open
Markets are particularly unnerved by the Federal Reserve's plans to end its unprecedented stimulus and low interest rate policies.
Some of the biggest companies in the U.S. are up to bat with third quarter earnings this week.
Saturday, October 11, 2014
Weekend
I'm taking the weekend off from blogging. I'll see you bright and early on Monday morning and have an excellent weekend. Do check out Lorde singing with Nirvana at the band's 2014 Rock n Roll Hall of Fame induction.
Friday, October 10, 2014
The Market On Friday
Good morning. It is 46 degrees and sunny here in the Upper Hudson Valley. A sunny and pleasant Fall weekend is expected. What a day we had on Thursday. There was a multiple family murder in the area. Apparently the family was Asian and the police had a difficult time literally translating information. It's a tragedy in an otherwise extremely safe area. We all need the weekend right this instant.
At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
What can I say. It's the weekend enjoy it and try to forget about the fact that the market is shedding trillions of dollars of value over the last few weeks. The correction is here, the global economy is having a conniption, and the pain will probably continue till reason once again prevails. On the other hand, people who have been waiting on the sidelines to invest in the stock market, pay attention because when things get really ugly then you purchase equities.
CNN: Stocks: 4 things to know before the open
At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
What can I say. It's the weekend enjoy it and try to forget about the fact that the market is shedding trillions of dollars of value over the last few weeks. The correction is here, the global economy is having a conniption, and the pain will probably continue till reason once again prevails. On the other hand, people who have been waiting on the sidelines to invest in the stock market, pay attention because when things get really ugly then you purchase equities.
CNN: Stocks: 4 things to know before the open
European markets were trading weaker as investors remain rattled by a string of poor economic numbers from Germany, and slower global growth. There was more disappointing data Friday, this time from Italy...
Thursday, October 09, 2014
Guilderland Tragedy
Rather close to where I live.
NY Daily News: 'Whole family killed': 2 adults, 2 young boys found dead in upstate New York home - The Wednesday quadruple-homicide in Guilderland claimed four victims
NY Daily News: 'Whole family killed': 2 adults, 2 young boys found dead in upstate New York home - The Wednesday quadruple-homicide in Guilderland claimed four victims
The Market On Thursday
Good morning. It is 54 degrees and sunny here in the Upper Hudson Valley. It looks like we are in for one of those especially gorgeous early Fall days. We are very sorry to see Thomas Duncan pass away from Ebola in Texas and we feel for his family. Besides that grief, his death certainly opens up new fears about the disease and how well we can or cannot treat it. I mean if the USA offers the best treatment and he dies, what does this say.
At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
I can't explain today's pre-market numbers. Perhaps the day will take on the complexion of yesterdays massive rally or perhaps not. With the Fed practically guaranteeing low interest rates into the future and with Alcoa posting a significant third quarter profit, one might think that the fear could rest a bit.
CNN: Stocks: 3 things to know before the open
At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
I can't explain today's pre-market numbers. Perhaps the day will take on the complexion of yesterdays massive rally or perhaps not. With the Fed practically guaranteeing low interest rates into the future and with Alcoa posting a significant third quarter profit, one might think that the fear could rest a bit.
CNN: Stocks: 3 things to know before the open
...a report from the U.S. Federal Reserve suggested it won't raise interest rates for a while.
Alcoa shares are climbing by about 4% premarket after the company announced much better than expected quarterly profits.
Wednesday, October 08, 2014
The Market On Wednesday
Good morning. It is 60 degrees and sunny here in the Upper Hudson Valley. It did rain through the night, maybe that's the end of the rain for a while. Well today is the big day. After enduring a painful several month absence, the NY Knicks resume basketball play tonight. It is a pre-season game, a test as it were, against the Boston Celtics. Not a real lot is expected from either team this year although it will be interesting to see the Knicks run the triangle offense under the direction of new team president Phil Jackson and head coach Derek Fisher. My evening is pretty well blocked out, I don't even answer the phone.
At 8:40 a.m. ET futures are modestly higher and the price of oil per barrel is down. The market is poised to open higher.
As you know the market has tumbled a bit over the last few weeks. Today begins the third quarter corporate report season and as these reports come in perhaps there will be more of a sense of why, instead the present instability. Notice that the Fed will also be releasing a minutes report this afternoon and as the Fed sets monetary policy in so many ways, this is also a big deal.
CNN: Stocks: 4 things to know before the open
At 8:40 a.m. ET futures are modestly higher and the price of oil per barrel is down. The market is poised to open higher.
As you know the market has tumbled a bit over the last few weeks. Today begins the third quarter corporate report season and as these reports come in perhaps there will be more of a sense of why, instead the present instability. Notice that the Fed will also be releasing a minutes report this afternoon and as the Fed sets monetary policy in so many ways, this is also a big deal.
CNN: Stocks: 4 things to know before the open
The IMF slashed its forecast for eurozone growth Tuesday.
Alcoa and restaurant chain Ruby Tuesday will report after the close.
The Federal Reserve is expected to release the minutes from its September meeting at 2 p.m. ET.
Tuesday, October 07, 2014
TRNN - Republicans Poised To Win The Senate By Narrow Margin
Col. Larry Wilkerson: We can expect corruption, massive misrepresentation, and disequilibrium of wealth
The Drought
I posted a similar link a few days ago, but it's worth taking another look.
Boing Boing: The California drought looks worse from space: shocking NASA satellite images of a drying West
Boing Boing: The California drought looks worse from space: shocking NASA satellite images of a drying West
The Market On Tuesday
Good morning. It is 63 degrees and overcast here in the Upper Hudson Valley. Rain is expected. I've already been out there raking leaves and there's a ton more to come. How about that young teen heading over to join ISIS. Seriously, what an idiot, teens do stupid things but this is a topper for sure. I guess if a person has no prospects of a relationship, no real sense of getting a decent job, then the promise of a female sex slave and glory in battle might seems appealing. Want to fix the ISIS problem - figure out a way to decrease the testosterone in these young idiots.
At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Notice that the price of oil is now down below $90 per barrel. This can only mean one thing, that soon it's going to go up. Germany is beginning to show a little wear and tear with it's profoundly strong economy. This reality is affecting this morning's market direction. Like it or not, the market is having a correction of sorts, how long and how deep - that's another story. Still it will be third quarter corporate reports that will add depth to the conversation.
CNN: Stocks: 3 things to know before the open
At 8:50 a.m. ET futures are moderately lower and the price of oil per barrel is down. The market is poised to open lower.
Notice that the price of oil is now down below $90 per barrel. This can only mean one thing, that soon it's going to go up. Germany is beginning to show a little wear and tear with it's profoundly strong economy. This reality is affecting this morning's market direction. Like it or not, the market is having a correction of sorts, how long and how deep - that's another story. Still it will be third quarter corporate reports that will add depth to the conversation.
CNN: Stocks: 3 things to know before the open
Investors are feeling disgruntled after new data from Germany -- Europe's largest economy -- showed industrial production took a big hit in August, declining by 4% compared to the previous month.
Monday, October 06, 2014
He's Going 'Round The Bend Again And Again
It's one thing that this individual each day stuffs this level of nonsense or worse into the fragile minds of the willfully ignorant in our country, I mean basically who the hell cares. But it's quite another thing that those same willfully ignorant people vote and that voting has an effect on you and me.
Think Progress: Rush Limbaugh: Obama Wants Americans To Get Ebola As Payback For Slavery
Think Progress: Rush Limbaugh: Obama Wants Americans To Get Ebola As Payback For Slavery
Global Warming - Ocean Temperatures
International Business Times: Global Warming: Ocean Temperatures Rising 'Up to 152% Faster than Thought'
The Market On Monday
Good morning. It is a very cool 44 degrees and it is sunny here in the Upper Hudson Valley. The forecast predicts a general lowering in the temperatures throughout the week and as you know, the daylight is shrinking noticeably. October is moving along and before you know it, we're into Halloween, I'm sure you're seeing the Halloween ornaments and signs all over. I hope you had a good relaxing weekend. This household is battling a severe cold, there's a lot of coughing and sneezing going on. Society has convinced us that money is our most important attribute so we struggle against that meme throughout our lives trying to recognize something that carries more meaning. In that struggle we tend to ignore the incredible assets we already have like our health, a sense of well being, and our love and compassion for others. Hopefully at some point we can give up the struggle and make a greater peace with these more meaningful attributes.
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.
Two major corporate developments appear to be positively influencing the market this morning. That would be HP dividing into two separate divisions and the big med merger between Becton and CareFusion. ISIS, Ebola, the Ukraine and Russia, plus a serious amount of risk fear remain in the background, but for the time being the market is buoyant this early morning.
CNN: Stocks: 5 things to know before the open
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.
Two major corporate developments appear to be positively influencing the market this morning. That would be HP dividing into two separate divisions and the big med merger between Becton and CareFusion. ISIS, Ebola, the Ukraine and Russia, plus a serious amount of risk fear remain in the background, but for the time being the market is buoyant this early morning.
CNN: Stocks: 5 things to know before the open
Medical technology firm Becton, Dickinson and Co is taking over CareFusion in a cash and stock deal that values CareFusion shares at $58 each.
Sunday, October 05, 2014
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