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Post by kryptos2009 on Feb 26, 2010 8:32:05 GMT -5
Good Morning Gang, If your in the northeast enjoy all the new snow!! FROM: www.allpivotpoints.comXLF PP=14.51 R1=14.68 R2=14.78 R3=14.95 S1=14.41 S2=14.24 S3=14.14 O=14.43 H=14.61 L=14.34 C=14.59 SPY PP=110.12 R1=111.3 R2=111.93 R3=113.11 S1=109.49 S2=108.31 S3=107.68 O=109.24 H=110.75 L=108.94 C=110.67 SPG PP=77.74 R1=79.3 R2=80.09 R3=81.65 S1=76.95 S2=75.39 S3=74.6 O=77.2 H=78.54 L=76.19 C=78.51 GS PP=155.73 R1=157.14 R2=157.85 R3=159.26 S1=155.02 S2=153.61 S3=152.9 O=156.23 H=156.44 L=154.32 C=156.44 JPM PP=40.34 R1=40.98 R2=41.33 R3=41.97 S1=39.99 S2=39.35 S3=39 O=40.16 H=40.69 L=39.7 C=40.64 MS PP=27.55 R1=28.01 R2=28.28 R3=28.74 S1=27.28 S2=26.82 S3=26.55 O=27.31 H=27.83 L=27.1 C=27.74 C PP=3.38 R1=3.4 R2=3.42 R3=3.44 S1=3.36 S2=3.34 S3=3.32 O=3.39 H=3.4 L=3.36 C=3.39 VIX PP=20.94 R1=21.83 R2=23.56 R3=24.45 S1=19.21 S2=18.32 S3=16.59 O=22.03 H=22.68 L=20.06 C=20.1 FROM: www.mypivots.comUUP PP=23.75 R1=23.81 R2=23.9 R3=24.05 S1=23.66 S2=23.6 S3=23.45 O=23.85 H=23.85 L=23.7 C=23.71 FAS PP=72.92 R1=75.23 R2=76.44 R3=79.96 S1=71.71 S2=69.40 S3=65.88 O=71.97 H=74.12 L=70.6 C=74.03 FAZ PP=18.19 R1=18.47 R2=19.04 R3=19.89 S1=17.62 S2=17.34 S3=16.49 O=18.4 H=18.75 L=17.9 C=17.91 FROM: www.nasdaq.comEconomic Events & Analysis - 2/26/2010 8:30 AM ET GDP 9:45 AM ET Chicago PMI 9:55 AM ET Consumer Sentiment 10:00 AM ET Existing Home Sales 3:00 PM ET Farm Prices
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 26, 2010 8:32:55 GMT -5
Market Consensus Before Announcement The Reuter's/University of Michigan's Consumer sentiment index edged back in the mid-February reading, down 7 tenths to 73.7 and failing to extend mild momentum that appeared in late January. The assessment of current conditions actually rose in the period but was offset by a dip in expectations which is the leading component for the report. The expectations index, at 66.9, is back to where it was in November.
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Post by doglover on Feb 26, 2010 9:13:08 GMT -5
Good Morning all and thanks as always,curious to see the existing home sales numbers.
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Post by kbk3ck on Feb 26, 2010 9:15:03 GMT -5
Thanks for the numbers Kryp. You da man!!
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 26, 2010 9:22:07 GMT -5
Market Consensus Before Announcement Existing home sales in December plunged 16.7 percent for the largest monthly decline in data going back to 1968. December's annualized sales rate of 5.45 million was up 15.0 percent on a year-ago basis. A big negative in the report was a rise in supply, to 7.2 months from 6.5 months in November. The December numbers probably reflect coming off three strong months that headed into the earlier set deadline for the expiration of tax credits for first-time homebuyers. As such, a partial rebound is expected for January. Also, pending home sales have been up recently and that is expected to carry over into existing home sales.
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Post by abdogman on Feb 26, 2010 9:23:27 GMT -5
Kryptos thx for nmbrs and Good Morning Glta
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Post by abdogman on Feb 26, 2010 9:25:28 GMT -5
we have two threads again
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 26, 2010 9:27:14 GMT -5
my fault, I woke up early...
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Post by kbk3ck on Feb 26, 2010 9:28:04 GMT -5
That just means were twice as good?
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 26, 2010 9:29:51 GMT -5
I need some coffee...
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Post by kryptos2009 on Feb 26, 2010 9:32:53 GMT -5
This thread has been moved to the sticky section of FME
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Mikey
Broker/Dealer
Posts: 581
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Post by Mikey on Feb 26, 2010 9:36:45 GMT -5
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Post by merrillstanley on Feb 26, 2010 9:41:26 GMT -5
gues this is the right thread?
mikey, for your analysis this am on the the other thread and your charts....karma
krypt thx again
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Post by jack on Feb 26, 2010 9:41:32 GMT -5
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Post by kbk3ck on Feb 26, 2010 9:42:27 GMT -5
Im with Jack!!
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Post by merrillstanley on Feb 26, 2010 9:45:55 GMT -5
A pull back in the dollar index, from the flat line, is helping crude, gold and silver move higher (COMDX) : Crude oil currently up 48 cents to $78.65; gold higher by $3.90 to $1112.40 and silver is up 8.5 cents to $16.195.
Chicago PMI 62.6...nice # per Rick S.
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 26, 2010 9:46:52 GMT -5
62.6 Released on 2/26/2010 9:45:00 AM For Feb, 2010
Prior Consensus Consensus Range Actual Business Barometer Index - Level 61.5 60.0 55.8 to 64.3 62.6 Market Consensus Before Announcement The Chicago PMI rose a strong 2.8 points to 61.5 in January. New orders continued to improve for the fourth straight month, reaching 66.4 in January. Production has been following orders, showing a similar trend and hitting a similar January reading at 66.6. Based on the January new orders figure, the February PMI should be in healthy positive territory. Analysts are basing a strong February number largely on January's new orders.
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Post by merrillstanley on Feb 26, 2010 9:47:53 GMT -5
Broadcom authorized a new evergreen share repurchase program (BRCM) 31.40 : Co authorized a new evergreen share repurchase program under which it may repurchase shares of Broadcom's Class A common stock. Repurchases under this program are intended to reduce or eliminate the dilution associated with stock incentive plans. Repurchases under the new program will be made in open market or privately negotiated transactions
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Post by merrillstanley on Feb 26, 2010 9:50:07 GMT -5
rue21 announces pricing of secondary offering of ~6 mln shares at $28.50/share (RUE) 29.12 : love retailers now
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Post by merrillstanley on Feb 26, 2010 9:50:25 GMT -5
The stock market heads into this session with a week-to-date loss of little more than 0.5%, which is the result of several consecutive whipsaw sessions. The tone this morning is rather subdued, though. In turn, stock futures point to a flat start for the major equity averages. The tepid tone comes as the dollar oscillates along the unchanged mark and participants show a mixed response to a better-than-expected headline fourth quarter GDP reading, which was upwardly revised to 5.9% from 5.7%, and mixed personal consumption numbers for the quarter. The United Kingdom also had an upwardly revised GDP reading, which seems to have helped prop up the major European bourses and give the euro some moderate strength in the face of ongoing concerns regarding Greece's fiscal health. There are still some more headlines to come this morning, including the Chicago PMI Index at 9:45 AM ET, the final reading for the February University of Michigan Consumer Sentiment Index at 9:55 AM ET, and January Existing Home Sales Report at 10:00 AM ET.
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Post by abdogman on Feb 26, 2010 9:50:32 GMT -5
Kryptos thx for nmbrs GLTA
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Post by jack on Feb 26, 2010 9:55:08 GMT -5
"Hair of the dog" man - Works everytime!!! (No offense DL or abdogman - LOL!)
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 26, 2010 9:56:10 GMT -5
NEW YORK (Reuters) - American International Group Inc (AIG - News) reported a quarterly loss of $8.9 billion on Friday, hurt by charges related to U.S. loan payback, asset divestments and higher loss reserves.
AIG, in a regulatory filing, warned that it may need additional U.S. government support, as it did last fall. But it also said it will have adequate liquidity to "finance and operate AIG's businesses and continue as a going concern for at least the next twelve months."
AIG shares were down 8.4 percent in premarket trading.
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Post by merrillstanley on Feb 26, 2010 9:56:11 GMT -5
Good Morning, Here is your Merrill Morning Minute: FAS bias this morning, but will sell of data is a catalysts Markets being down in heavier volume not a good sign, but the markets rallied at the end of the day, a positive sign, but not necessarily a game changer Tute participation ratings still stuck on “E”…I’m beginning to wonder if they have monies…I do know that raising monies from HNW clientale has become stagnant and my guess is they do not want to “blow-up” their clients assets in fear of having more finds removed from their coffers Remember we’re still in a correction. Stop your losses at 7%; take gains earlier than you normally would. Bottoms may not have been made. Being in cash is not a bad thing…else short the market The pattern appears to be first 15 minutes, scratch your head, next 30 minutes we head up, buyers come in and then the sell-off begins….break for lunch, come back early for a quick surge…sell into that early afternoon, then run it up at the end of the day… GLTA
MICH 73.6....close, no impact....yet
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Post by merrillstanley on Feb 26, 2010 9:57:30 GMT -5
Stocks slipped in the first few moments of trade, but they have since bounced back to the neutral line. Early action remains listless, though.
existing home sales up next
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Post by kbk3ck on Feb 26, 2010 10:00:41 GMT -5
Dang!! Volume picking up?
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Post by merrillstanley on Feb 26, 2010 10:00:56 GMT -5
homes sales fell 7.2% in Jan, down revised , sales up from 2009. home price unchanged yoy,
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 26, 2010 10:04:27 GMT -5
that last report tanked it...
Existing Home Sales Released on 2/26/2010 10:00:00 AM For Jan, 2010 Prior Consensus Consensus Range Actual Existing Home Sales - Level - SAAR 5.45 M 5.500 M 5.340 M to 5.750 M 5.05 M Existing Home Sales - M/M Change -16.7 % -7.2 %
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Post by merrillstanley on Feb 26, 2010 10:20:19 GMT -5
markets holding up pretty good here....always seems to be the case when it snows in NY, its as iff once you remvoe the crooks from the game, the truth shines
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lookingherethere
Broker/Dealer
"I am in me.." <In response to the possessed rumors>
Posts: 533
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Post by lookingherethere on Feb 26, 2010 10:27:45 GMT -5
FAS run started 5 and 20 EMA cross over macd following...
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