Business Summary Links By Day
25
Signs The Collapse Of America Is Speeding Up As Society Rots From The Inside
Out http://albertpeia.com/25signsacceleratedamericancollapseandrotwithin.htm , 14
Incredibly Creepy Surveillance Technologies That Big Brother Will Be Using To
Spy On You http://albertpeia.com/14creepygovernmenttechnologiestospyonyou.htm
,
The
US is Entering a Recession In the Worst State in the Post WWII Period… Right As
the Fed Realizes It’s Out of Ammo http://albertpeia.com/usenteringrecessionworstinpostww2.htm , Formal
complaint seeks disbarment of Eric Holder in DC , Dave’s Daily: http://www.etfdigest.com
‘A SLOW LIGHT
VOLUME MONDAY 7-9-12 According to MarketWatch, Monday’s haven’t been kind overall to
stock markets in 2012. Things in the eurozone are
still unsettled for lack
of a better term. The EU was supposed to get everything ironed-out this week
but right out of the gate Spain
asked for and received an extension on its budget deficit due to the
deteriorating economy. Bank of Japan
apparently is ready to increase its QE (bond buying) efforts as the Bank of England has
increased theirs. The Peoples Bank of China (PBOC) has joined the easing
activities by lowering rates and of course the ECB has been at it for some time
in the eurozone. SF Fed President John Williams in a
speech today seemed friendly to increasing Fed QE (QE3) given the deterioration
in the U.S. economy.At some point we enter uncharted
waters since we’ve never experienced this amount of money printing without
positive effect. After all can anyone really say it’s actually working or has
worked? Liquidity injections by most evidence have had only ephemeral effects
at least in boosting stock prices over the short-term. When then is pushing on
a string finally going to be just that?Consumers
took on $17 billion in new debt divided among credit cards, auto loans and
student loans. This is either a good thing for the economy or not depending on
your view. We know student loans are in a bubble and just today UBS
downgraded Visa (V) and MasterCard (MA) to sell from neutral.Oil
(USO) rose Monday as a strike in Norway has shut down most
production. Meanwhile gold prices rallied slightly on thoughts of more QE and
the dollar (UUP) also fell. Standout performers remain in the agricultural
sector as weather is hurting crops which has seen (JJG) & (DBA) continue
recent rallies. Bonds (IEF) & (MBB) continue along with higher prices also
on QE hopes.Stocks bounced around most of the day
mostly lower despite the obligatory end of day pump higher to minimize the
damage. Stock market leader and heavyweight (AAPL) continues to be a leader.
Its weighting and performance can mask underlying weakness throughout.
Healthcare stocks continue to lead as a sector since Obamacare
will provide HMOs in particular with a load of new customers.After
the close, Alcoa (AA) was first of the major companies
to report earnings. Estimates had been slashed 47% by most analysts making a
beat easier and the company obliged once you could wade through all the
adjustments. Earnings after adjustments came in at 6 cents vs
5 cents expected on revenues of $5.96 billion versus $5.8 billion estimated.
Alcoa projected aluminum demand would grow 7% in 2012. The stock rose slightly
in late trading as this is written.Also breaking
late, Advanced Micro Devices (AMD) preannounced 10 days ahead of earnings, cuts
to Q2 revenue by 11%, where it had seen 3% rise previously.Volume
was ridiculously light as traders were no doubt slow to return from the holiday
week. This made it easy for the HFTs to push things
around. Breadth overall was negative…’
, Futures
Brokerage PFG Best Freezes Accounts Following Discovery Of Accounting
Irregularity ZeroHedge.com Tyler Durden , On Gold As A
Hyperinflation Put , Egan-Jones
Downgrades Netherlands And Austria To A, Negative Watch , Earnings
Season Preview: +9.7% 2012 EPS Growth Still Too High By now, it seems clear that the US earnings
season will be softer than was forecast a couple of months ago. In fact, there
was more negative guidance during the
second quarter than any time in this cycle and Morgan Stanley,
like us, believes these soft results and weaker guidance are not fully
discounted into a QE-hungry market. Lower oil, a stronger dollar (e.g. a one-standard deviation appreciation in the US Dollar against a basket
of currencies decreases expected S&P 500 earnings by 2.6%), lower 10-year yields and a preponderance of evidence of lighter
growth from economically sensitive companies are reasons for a lower view of Q2
EPS than we previously expected as UBS notes the 'official' US Q2 reporting
season kicks off in earnest today with Alcoa followed by over 3,000 global
companies reporting in the next two months. At the sector and stock level UBS
sees particular risk around some of the higher rated areas such as consumer
staples and consumer discretionary, where relative multiples are high and
expectations are demanding and while they see consensus estimates for 2012 global EPS growth have been falling - at
9.7%, they remain too high given the Eurozone
crisis / policy response; deteriorating global macro data; and the corporate profit
cycle - and in that order of importance.
, Scranton
Mayor: Minimum Wage For All Or Become Stockton , Two-Thirds
Of Voters Say Obama Has Kept His Promise Of "Change", Although 56%
Find He Has Changed It For The Worse
, The
Perfect Storm - Santelli Meets Farage The undisputed champion of European political
ranting (UKIP's Nigel Farage)
discussed the sad reality of Europe's inevitable demise with the reigning US
chief of non-hype Rick Santelli in a no-holds-barred
cage-match of like-minded skeptics. From Rajoy's
incompetence to the 'genius of mutual indebtedness', Farage
explains the problem is 'bedeviled with complexity' as, for example, the last
summit left "the Finnish and Dutch finance ministers leaving with a very
different perspective on what happened than the rest" and now even Merkel
is arguing domestically what she has and has not agreed to. From the simple
self-referential idiocy of Spain's EUR100 billion bailout - that creates
vicious circles on all the peripheral 'bailing' nations; to "the same bundle of money going round and round in circles"
leaving Nigel tempted to describe it as "a giant ponzi
scheme"; Santelli,
not to be outdone, explains how the US is
just such a money-circulating ponzi scheme as
"one part of the government issues debt as another part is buying".
The ECB, of course, is becoming plagued with more and more of the ponzi-like peripheral paper and as Farage
notes "the day Greece leaves the Euro - and it will - the ECB is left with
a massive paper loss" leaving the ECB under-capitalized - which in all its
wonderful craziness means "it has to go and get fresh capital from the
other countries that themselves have been bailed out and are in fact in
trouble". A farcical perfect storm as the "medicine is killing the patient", and he fears if the nettle is not grasped (Euro break-up) now then the
markets will overwhelm the whole thing this summer. , Guest Post:
The Real Fiscal Cliff More and more
Asian nations — led by China and Russia — have ditched the dollar for bilateral
trade (out of fear of dollar instability).
Tension rises between the United States
and Asia over Syria and Iran. The Asian
nations throw more and more abrasive rhetoric around — including
war rhetoric…, The
Hope-To-Reality Gap "Europe
looks as bad as we thought it would, but our US economic outlook was too
optimistic" is how JPMorgan's Michael Cembalest
describes the recent environment…, Japan
Machinery Orders Implode As Global Economy Grinds To A Halt , Roubini On 2013's "Global Perfect Storm" And
Greedy Bankers "Hanging In The Streets"
09-Jul-12
06:53PM Bulls vs. Bears: Who Will Win This Earnings Season? at Wall St.
Cheat Sheet 06:02PM [video] What's Driving Trading This Week? at CNBC 05:26PM PMI and ISM Prints Say To the Moon! at
Motley Fool 04:50PM Alcoa Earnings: Revenue ACCELERATES Past Estimates at
Wall St. Cheat Sheet 04:20PM Corn ETF Pops Drought-Driven Shortage at
Investor's Business Daily 03:20PM Corn ETF Pops Drought-Driven Shortage at
Investor's Business Daily 03:10PM Will Southwest's Dividend Take Off at
Motley Fool 02:39PM PWR Strategy: August Positions at
TheStreet 02:33PM Are Stocks Waiting for Guidance? Zacks 01:42PM Rebalancing Beats Sector Rotation at
Forbes 01:35PM InPlay: Stock indices extend push off
midday lows -- Dow -52, S&P -3.9, Nasdaq Comp
-7.9 Briefing.com
01:18PM Alcoa Quarterly Earnings ON DECK at
Wall St. Cheat Sheet 12:42PM 3 Things Equity Portfolio Managers Missed Last Quarter at
Forbes 12:30PM 2012 Stock Market Predictions Revisited at
Forbes 12:02PM InPlay: Minor new lows Dow -83 and
S&P -7.7, Nasdaq Comp -17.8 is hovering just
above its morning trough Briefing.com
11:54AM Index, ETF option volumes near midday optionMONSTER 11:40AM Index, ETF option volumes near midday optionMONSTER 11:30AM Index, ETF option volumes near midday optionMONSTER 10:52AM [video] Dig Deep To Get A Real feel For China's Growth at
TheStreet 10:44AM UBS: We're Expecting Companies Exposed To The US To Deliver
Another Big Quarter Business Insider
10:33AM InPlay: Dow -72 and S&P -6.4 slip fractionally below
Friday's lows, Nasdaq Comp -14.6 still holding
slightly above Briefing.com
10:20AM Pick Your Spots: Trade Entry Is Critical to Success at
Minyanville 10:09AM What Obamacare Will Do to Your Taxes
at Forbes 09:56AM Crossroads: Buy or Sell U.S. Stocks? at
Wall St. Cheat Sheet 09:50AM S&P 500 Index Is Revealing a New Confirmed Secondary
Bearish Trend at Minyanville
09:45AM SPDR S&P 500 ETF and Amerigroup
Corporation Most Active Stocks in Pre-Market Today on the NYSE at
Minyanville 09:37AM InPlay:
Early bias improves to mixed with Nasdaq Comp +4.6
outperforming -- Dow -18, S&P -0.6 Briefing.com
09:30AM SPDR S&P 500 ETF and Amerigroup
Corporation Most Active Stocks in Pre-Market Today on the NYSE at
Minyanville 09:25AM SPDR S&P 500 ETF and Amerigroup
Corporation Most Active Stocks in Pre-Market Today on the NYSE at
Minyanville 09:25AM Most Accurate Stock Market Predictions: Next Major Move at
Minyanville 09:20AM Don't Let A Frustrating Market Change Your Investing Strategy
at Forbes 09:10AM SPX, INDU, and Gold Updates: Still in the Chop Zone, but a Turn
Expected Soon at Minyanville
09:08AM Is the U.S. Stock Market at the Crossroads? at
Wall St. Cheat Sheet 09:00AM Pre-Market Primer: A Doozy of an
Earnings Season Ahead at Minyanville
08:52AM Keep Powder Dry As Earnings Season Kicks Off at
Forbes 08:11AM ES Support and Resistance for July 9 at
Minyanville 08:04AM Alcoas Quarterly Earnings Sneak Peek
at Wall St. Cheat Sheet 07:50AM [video] Measure Commitment as Rally Falters at
TheStreet 07:48AM 10 Things You Need To Know Before The Opening Bell Business
Insider
Real
Story Behind Negative Interest Rates: Banks Pushing
Credit Unions Out of Business?
americafirstsite.com | Credit
unions are reliant on interest from loans and savings accounts to stay afloat.
Mainstream
Economist: We Might Need to Hang Some Bankers to Stop Criminal Looting
washingtonsblog.com | This is the last chance for the justice system.
25
Signs The Collapse Of America Is Speeding Up As
Society Rots From The Inside Out
Economic Collapse Blog | The problems that America is experiencing right now
are not just confined to the field of economics.
China
Threatens With Furious Retaliation In Growing Trade
Wars
Zero Hedge | Last
week it was the Fairness Distributor In Chief threatening China with WTO action
over its unfair duties on US car imports.
China
Shuns US And Invests Direct In Iran Oil-Fields
Zero Hedge | China is to
invest in developing north and south Iranian oil fields.
U.S. anoints Afghanistan a 'major non-NATO ally' { Riiiiight!
As if saying so, makes it so…How totally pathetic! This would be laughable if
not so tragic. I’d say another example of their pre-election political
desperation. }
Things
That Make You Go Hmmm – Such As The Transition From
Conspiracy Theory To Conspiracy Fact
Zero Hedge | Something as big as this just CAN’T be hidden from the
public. Only… it can.
Mainstream
Economist: We Might Need to Hang Some Bankers to Stop Criminal Looting
Washington’s Blog | ‘We might need to throw bankers in
jail – or hang them in the streets – before they’ll change.’
AP Business
Highlights
...Yahoo Market
Update…
Compendium of
Important Business / National / World News / Topics / Articles / Headlines
http://albertpeia.com/articlelinkspage3.htm
http://albertpeia.com/archives.htm
Infowars.com | Now is the time to put an end to Obama’s
treasonous and tyrannical behavior.
http://albertpeia.com/impeachobama.htm
Nancy Pelosi Wants to Amend the First Amendment Kurt Nimmo
| When Pelosi says “special interests,” she means interests opposed to
establishment Democrats. [ Here’s a look at the pelosi
/ wobama styled new california ( 16 Reasons To
Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm ) . pelosi’s incompetent / senile in that chronological order.
At this point, wobama the b for b***s*** is just
incompetent but acts and seems as if he’s senile, particularly with regard to
previous things he’s said and prior promises that he’s made. ]
Wobama’s Choom Gang Bangin’ { This
brief video (11 mb) is well done and worth a
watch! }
http://www.albertpeia.com/wobamaschoomgangbangin.wmv
PAPER:
Obama's grandfather tortured by the British? A fantasy (like most of the
President's own memoir)... { http://albertpeia.com/wobamaschoomgangfantasy.htm }
Drudgereport: Obama: 'Sometimes I Forget' Magnitude of Recession…{
Oh! How conveniently forgetful, though the vast majority of americans don’t
have wobama’s luxury of feigned amnesia suffering from what wobama did and
didn’t do contrary to promises last time around the perpetual campaign trail
littered with his typical jive-talking b***s***! The following headline will
help him remember some of his sordid, pot-clouded high school past! }...
FLASHBACK: Obama's Sordid High School Past...
By Ben Shapiro ‘While the Washington
Post has been diligently digging into relatively innocent high
school pranks
by Mitt Romney, they’ve spent the last few years diligently ignoring President
Obama’s far more controversial high school days.Obama,
by all accounts, was a habitual drug user in high school. He tried cocaine, he
admits in Dreams From
My Father; he “tried drugs enthusiastically.” The Chicago Tribune reported back in 2007
that Obama thanked the “Choom Gang” in his high school yearbook; “chooming” was Hawaiian slang for smoking pot. The Honolulu Advertiser reported that Obama’s
senior portrait “prominently displayed … A package of ‘Zig-Zag’
rolling papers and a matchbook.” One of Obama’s close friends was arrested for
drug possession during high school.In his memoir,
Obama talked about routinely getting high. “Junkie.
Pothead,” he wrote. “That’s where I’d been headed: the final, fatal role of the
young would-be black man.” But, according to Obama, he only got high because he
was contemplating deep matters: drugs could “push questions of who I was out of
my mind.” Obama told students in 2007 that this activity constituted “goofing
off” and “wasting time”:"I will confess to you
that I was kind of a goof off in high school as my mom reminded me," Obama
said. "I went to high school in Hawaii,
so there's a lot of opportunity to goof off because the weather is really good
all the time …"You know, I made some bad decisions …. You know, got into
drinking and experimenting with drugs. There was a whole stretch of time where
I didn't apply myself. It wasn't until I got out of … high school, and went to
college that I started realizing, man, I wasted a lot of time.”The
New York Times, however, went
out of its way to find Obama’s classmates to testify that drugs played only a “bit
part” in Obama’s youth. Yet Obama would later brag on the campaign trail
that he “inhaled frequently … that was the point.”During
his high school years, Obama hung out with communist radical Frank Marshall
Davis; in 2007, the Los Angeles Times
reported that during his high school days, “he felt the first stirrings of
anger toward whites. He says he also delved into black
nationalism.” He was “offended or even enraged when white classmates
adopted black street slang or revealed their underlying consciousness of his
race by going out of their way to tell him how much they admired a black
musician or athlete.” This activity is certainly more reflective of Obama’s
ideological history than Mitt Romney’s pranks on teachers and fellow students.
And as for the drug use – well, that seems just a bit more serious than walking
a teacher into a door or cutting a student’s hair. But leave it to the Post to ignore or downplay all of that in
favor of continuing stories about Romney’s dog, his high school hijinks, and whatever other nonsense they can use to
protect President Obama from his own incompetence.’ Ben Shapiro is Breitbart
News Editor-at-Large. Follow him on twitter @benshapiro.
Cracks
in the Washington Post story on Romney’s ‘pranks’ emerge
Correction
Request: Washington Post Uses Falsehood in Romney Hit Piece
Media
Downplays Obama's Past, Tries to Define Romney with Teen Prank
If we're going to delve deep into a candidate's past, let's delve deep into a
candidate's past. Here's Obama in his own words admitting to physically shoving
a little girl named Coretta. Yes, it was at this moment that the first
shot in the War on Women was fired.
http://albertpeia.com/obamashovesgirl.png
No doubt that after expending all that energy
bullying an innocent little girl, young Obama readied himself
for round two by eating a Golden Retriever. More on this breaking story here.If
you're wondering what the rules are regarding a candidate's past; how far back we're
allowed to go in an attempt to define them -- the answer is simple: the corrupt
media will let us know.
Washington
Post Disgraces Itself By Targeting Romney's 'Anti-Gay' High School Pranks by Ben
Shapiro { It is true! The once great now failed
newspaper, the washington post, is an absolute disgrace! But a shadow of its former self, the post is biased presumably owing to shared desperation with the failed
president wobama in return for access. So egregious
had the bias become wherein ‘sensitive’ commentary antithetical to wobama and his, seldom seemed to work/post properly; and, then of course, the post’s
pro-wobama perpetual darkness-induced blind
‘constituency’. I stopped posting
there and have not visited their site since nor will I ever again. A rather pathetic swansong / end / wind-down / final chapter for what was once a great
newspaper for which I had the utmost regard and respect! }
Obama WILL NOT pursue gay marriage as part of party
platform...
STONE: 'Playing a
cruel and cynical game'...
Unites Republicans?
New Black Panther Niggers Plan Newspaper Cover With Zimmerman
In Noose { and civilized people everywhere should respond with niggers in
nooses and contributions to the Klu Klux Klan! } ...
LOONEY CLOONEYLAND: BIG CAMPAIGN BOXOFFICE FOR NIGGERO
– Meanwhile, looney clooneyland ain’t doin’ so well with the niggero model –
see next headline! ...
Failed Wobama model illustrated: 16 Reasons To Move Away From California http://albertpeia.com/16reasonstomoveawayfromcalifornia.htm
Postal Service loses $3.2b in first quarter...
78% of California 8th graders fail national science
test...
_______________________________________
{ some prior links of current interest }