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Search Stock Market jobs from thousands of job and career search sites.A search engine for jobs with a different approach to job and career searches. In one simple search, job seekers get free access to millions of employment opportunities from thousands of websites. Find your next job in Stock Markets today. Bank cuts UK rates to 57-year low The Bank of England has cut interest rates by one percentage point from 3% to 2%, their lowest level since 1951. Pound volatile after interest cut The British pound hit a historic low against the euro before the Bank of England decided to cut rate to 2%. ECB cuts eurozone rates to 2.5% The European Central Bank delivers its biggest rate cut, lowering interest rates to 2.5% from 3.25%. France unveils huge stimulus plan French President Nicolas Sarkozy unveils a 26bn-euro ($33bn, £23bn) stimulus plan to help France fend off financial crisis. US Fed urges foreclosures push US Federal Reserve chairman Ben Bernanke calls on the government to take action to stem the increasing number of home foreclosures. Sweden cuts interest rates to 2% Sweden's central bank, the Riksbank, cuts its key interest rate by a record 1.75 percentage points to 2%. House prices still falling fast House prices are falling at a faster rate, the Halifax says, as prices fell 2.6% between October and November. Japan oil rivals in merger deal Japan's Nippon Oil is merging with Nippon Mining Holding in an attempt to weather falling oil prices and weak demand. New car sales fall by one-third Sales of new cars in the UK fell at the fastest rate in 28 years in November, figures from the industry show. US economy 'weaker in all areas' The Federal Reserve's Beige Book paints a bleak picture of the US economy, with economic activity weakening across the country. Repossessions 'to reach 75,000' The number of repossessions will rise sharply to 75,000 next year, the Council of Mortgage Lenders has estimated. Bail-out plan 'lacks oversight' The US $700bn bail-out plan is being implemented without adequate safeguards, a Congressional watchdog says. Oil falls on poor economic data Oil prices fall after a barrage of bad economic data heightens fears of protracted global recession and declining demand. Fears grow for US service sector A measure of the US service sector dropped to a record low in November, showing further weakness in the sector. Eurozone retail sales slump 2.1% Retail sales across the 15 euro nations fell more than expected in October, increasing the chance of an interest rate cut. Brown unveils mortgage help plan Many people made redundant will be able to defer part of their mortgage payments for up to two years, Gordon Brown says. Large cut in Thai interest rates Thailand's central bank cuts interest rates by the biggest amount in eight years, as it aims to lift an economy hit by unrest. UK job market weakening rapidly The UK job market weakens as permanent placements decline at record levels, a new survey suggests. Lenders' mortgage rationing claim Mortgage rationing is set to become more severe in 2009 without government action, a lenders' group warns. Producer prices fall in eurozone Eurozone producer prices fell 0.8% during October, raising hopes for an interest rate cut by the European Central Bank (ECB). Sterling rebounds from sharp fall The pound claws back against the US dollar after suffering the largest percentage drop since 1992 on Monday. Why changes to gym contracts might make joining less painful Gym operator Fitness First rewrites contracts following complaints that the ill could not cancel membership. Hugh Pym Could UK interest rates go even lower than 2%? Wary consumers Economic hardship greets The Box as it arrives in LA Enough done? ECB cut interest rate, but not as fast as others Asian autonomy Has the time come for an Asian Monetary Fund? Death and gems Why a Zimbabwe diamond mine was suddenly deserted Robert Peston The future is bleak for subprime and specialist lenders BBC News | Business | Economy | World EditionVisit BBC News for up-to-the-minute news, breaking news, video, audio and feature stories. BBC News provides trusted World and UK news as well as local and regional perspectives. Also entertainment, business, science, technology and health news. Midday Market Recap: Canadian Dollar Briefly Rallies After Parliament Prorogued (CEP News) - The Canadian dollar jumped after Prime Minister Stephen Harper announced the Federal government will take a time out until next month. Elsewhere, stocks are mostly lower and the U.S. dollar is softer as U.S. politicians grill auto executives about a bailout. Midday News Recap: Canadian Parliament Suspended, US Initial Jobless Claims Fall (CEP News) - It was a busy morning, with the release of key U.S. economic data, including weekly jobless claims and October factory orders, along with Federal Reserve speakers and testimony from the Big Three U.S. automaker CEOs. In Canada, the Governor General agreed to the Prime Minister's request to prorogue Parliament to avoid a non-confidence vote by opposition parties on Monday. Thursday's Events: Central Bankers, Jobless Claims, Big Three Testimony (CEP News) - Speeches by central bankers, U.S. employment data, U.S. retail data and testimony from the Big Three automakers will highlight what is shaping up to be an extremely busy day on the North American economic news front. European Market Recap: European Bonds Rise, Equities Higher After Riksbank Cut (CEP News) - The German, ten-year Bund was up 31.0 ticks to 124.24 with yields down 3.5 bps to 3.00%, while the 10-year gilt was up 39.0 ticks to 120.09 with yields down 4.0 bps to 3.39% following the unexpectedly strong cut to the Riksbank's repo rate. Wednesday's News Recap: U.S. ISM Non-Mfg Index Sinks, ADP Employment Plummets (CEP News) - It was yet another downbeat day for economic data, though U.S. stock markets closed higher. The U.S. ISM Non-Manufacturing Index reached a new 11-year low, while the ADP employment report for November showed more job losses than expected. Closing Market Recap: Stocks Rally in Spite of Dismal U.S. Economic Data (CEP News) - U.S. stocks disregarded reports showing mounting job losses and a bleak outlook for the service sector on Wednesday and instead rallied for a second day. U.S. Treasury yields climbed early in the session but later fell to fresh record lows. Midday Market Recap: Stocks Shrug Off Dismal U.S. Economic Data (CEP News) - U.S. stocks disregarded reports showing mounting job losses and a bleak outlook for the service sector on Wednesday and instead rallied for a second day. Treasuries are selling off and the U.S. dollar is generally stronger. Midday News Recap: U.S. ISM Non-Mfg Index Sinks, ADP Job Losses Soar (CEP News) - It was yet another downbeat day for economic data, with the U.S. ISM Non-Manufacturing Index reaching a new 11-year low and the ADP employment report for November showing more job losses than expected. Crude oil and gas inventories also unexpectedly declined in the past week. Morning Market Recap: Stocks Down on Jobs Gloom and TARP Uncertainty (CEP News) - Equity markets are slumping on Wednesday following the worst U.S. data on private payrolls in seven years and a U.S. government report that criticizes the administration's handling of the $700 billion TARP bailout. Treasuries are selling off as the huge rally consolidates and the Canadian dollar is the worst performing major currency. Wednesday's Events: U.S. ISM Services, ADP Employment Report (CEP News) - Data will dominate the session today with markets receiving the ADP employment report at 8:15 a.m. EST and the ISM non-manufacturing report at 10 a.m. EST, both for November. Markets will also receive comments from some Fed speakers and the DOE's weekly oil inventories. CEP Market and News Updates FeedTo the second market and news updates Automakers Present Final Plea Executives of GM, Ford and Chrysler are presenting their latest bailout requests to Congress Thursday. The automakers are asking for as much as $38 billion dollars in loans to keep the industry alive. What are their chances of getting it? Should Billionaire Bail Out MOCA? The Los Angeles Museum of Contemporary Art is in serious financial trouble. The museum has rising operational costs and is not receiving enough money from donors. But help is on the way. Billionaire financier and philanthropist Eli Broad talks about his $30 million bailout offer to MOCA and what conditions he set for the museum. Automakers Return To Congress To Ask For Billions Executives of the Big Three U.S. automakers pleaded Thursday for a $34 billion government bailout, acknowledging that the industry had made mistakes but pledging to speed up cost-cutting measures that would get the companies back on track. Spanish Soccer Teams Short Of Financial Goooals Spain's decade-long real estate boom was a gold mine for Spanish soccer. Construction firms paid large sums to have their logos on team jerseys, and real estate moguls lined up to buy teams. Now, with investments failing, struggling teams and owners are looking for buyers — or maybe a bailout. Economy, Drug Wars Hurt Cross-Border Business El Paso, Texas, and Ciudad Juarez in Mexico are economically tightly intertwined. The economic downturn in the U.S. is hurting the hundreds of assembly plants just across the border as a raging drug war that's killed some 1,400 people in Juarez this year is squashing tourism. Central Banks Slash Interest Rates Confronted by deteriorating economies, central bankers overseas slashed interest rates Thursday. The European Central Bank made its biggest rate cut ever — cutting rates by three-quarters of a percentage point. The Bank of England and Sweden's central bank also sliced rates. Chrysler No Stranger To Bailouts The heads of the big three U.S. car companies are back on Capitol Hill on Thursday, trying to convince Congress to give them billions in loans so they can avoid bankrupty. For some at Chrysler, there might be a sense of deja vu. Paul Eistenstein, who covers the car industry for the independent news service The Detroit Bureau, talks to Renee Montagne about the first time Chrysler was bailed out in the '80s. Big, Small Home Builders Feel Housing Pinch Smaller home builders — like Florida's Chuck Fowke — are going out of business, while large companies are cutting back. The industry wants any federal stimulus package to include new incentives for homebuyers. But analysts say the industry won't begin to rebound without a decrease in home builders and inventory. Treasury Weighs Plan To Cut U.S. Mortgage Rates The Treasury is considering a plan to lower mortgage rates for homebuyers to as low as 4.5 percent — more than a full point below currently offered rates, sources say. But analysts say the plan would be even more effective at boosting the economy if it also lowered rates for refinancings. New Luxury Hybrid Electric Mountain Bike There's a new luxury model called the Optibike OB1. It still requires pedal power, but it has a battery that powers the motor for up to two hours. It has a GPS system — and costs $13,000. Bratz Dolls To Disappear From Toy Shelves Just in time for the holidays, a federal judge has granted giant toymaker Mattel one of its big wishes. The judge ordered a rival company to stop selling Bratz dolls, which have undercut sales of Mattel's own Barbie. Wednesday's ruling follows a jury's finding that Bratz doll designer Carter Bryant came up with the pouty-lipped dolls while working for Mattel. The judge said the Bratz dolls may remain on store shelves until after the holidays. CBS Airs Special To Announce Grammy Nominations CBS broadcast a special one-hour program Wednesday night to announce the 2008 Grammy nominations. The new format was an attempt to attract more viewers. Last year's Grammy Awards show was the least watched ever, as awards-show audiences continue to shrink. Economy Whittles Pacific Northwest Timber Industry As the housing industry slows down, the demand for wood has dropped. Sawmills in the Pacific Northwest are feeling the pinch. United Auto Workers Open To Contract Changes The head of the United Auto Workers has said the union is willing to change its contract and will delay billions of dollars in payments to a union-run health care trust. The concession is a bid to help Detroit's ailing Big Three automakers. Tips On Long Drive From Detroit To D.C. The heads of Ford, GM and Chrysler are road-tripping from Detroit to Washington in fuel-efficient hybrids. NPR's Don Gonyea, Michigan-native and former Detroit resident, has made the trek dozens of times and provides highlights and driving tips for the trip. NPR Topics: BusinessFind the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast. Treasury Considering Plan to Halt Slide in Home Prices The U.S. Treasury Department is considering a plan to halt sliding home prices by lowering mortgage rates through home-finance powerhouses Fannie Mae (FNM) and Freddie Mac (FRE), the Wall Street Journal reported on Wednesday. Market Winners & Losers: CIT, Newmont Mining The major indices pulled together a late-day rally to end in the green Wednesday, up 2.5% on average. The falling price in crude continues to hamper multiple sectors and we will have to see what news of new, lower, mortgage rates from the government will do to tomorrow’s market. Iran's Position is Much, Much Worse Missed tonight's Cavuto? Catch "The Deal" right here on FOXBusiness.com Constellation Energy Gets Bid From Electricite de France Electricite de France SA said Wednesday it’s proposing to acquire 50% of U.S. wholesale power generator Constellation Energy (CEG) for $4.5 billion, challenging plans by a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK.A) to take over the company. GM CEO Travels to D.C. in Three-Car Caravan General Motors (GM) Chief Executive James Wagoner has left Detroit on his road trip to Washington, D.C. in a caravan of three cars. Chrysler Exec: Auto Maker Collapse Could Spur U.S. Depression A top executive of Chrysler LLC cautioned Wednesday that a carmaker collapse could send the U.S. economy spiraling into a depression, as the United Auto Workers union braced for contract concessions. AHIP Unveils Plan for Improved Health Care A health-plan trade group on Tuesday unveiled a plan it believes will reduce health-care costs, allow for universal coverage and improve quality of care -- but only a few specifics were offered. GM President: Bankruptcy Not an Option General Motors Corp. President Fritz Henderson said Wednesday that bankruptcy isn't a viable option for struggling U.S. automakers seeking $34 billion in federal aid, maintaining that a retooling plan they're giving to Congress this week is sufficient to save the industry. European Markets Slip on Dreary Economic Data European stock markets fell modestly Wednesday after further dismal economic data and as Wall Street was heading towards a lower opening. Asian markets were higher after Wall Street's rebound the previous session. Turbulent Markets Land on Green After flipping between green and red throughout another turbulent trading day, the markets ultimately ended higher on Wednesday, giving Wall Street its second consecutive triple-digit rally. FOXBusiness.comFOX Business Network - We Report. You Decide. Job Cuts Picking Up Steam Just in Time for Holidays  These will be decidedly unhappy holidays for hundreds of thousands of workers who won't have jobs thanks to the steep economic downturn and the financial crisisJobless Claims Remain High Where the Job Losses Are Car Makers Plead for Bailout But Congress Is Skeptical Bankruptcy Option Weighed Will the Big Three Survive? Bernanke: 'More Needs To Be Done' on Foreclosures Mortgages Rates Fall Treasury Weighs More Aid Happy Holidays? Economy Goes From Bad to Worse Stocks Face Rough Month; Here's What You Can Do Pro Sports Teams Try Airline-Style Ticket Pricing CEO Confidence Plunges As Most Plan Cutbacks Retail Sales Drop, Investors Hope for Bottom Predictions '09: M&A Wave Will Hit Drug Makers Merck Projects '09 Profit, Revenue Below Forecasts Is Merck a Drug Bellwether? Jobless Claims Take Drop, But Remain High Credit Suisse To Cut Another 5,300 Jobs Euro Rates Slashed by Record 75 Basis Points Paulson May Ask Congress For Rest of Bailout Fund Citigroup Top Execs May Forego Bonuses: FT Nokia Sees 2009 Handset Market Down 5% or More Viacom to Cut 850 Jobs, Freeze Some Raises CEOs Sound Off: Budget Deficit, Bailouts & More Holiday Tipping Guide: 2008  CNBC Top News and AnalysisStock Market News, Financial, Earnings, World Market News and Info Merrill warns oil prices could fall to $25 Merrill Lynch warned that oil prices could fall as low as $25 a barrel next year if the recession affecting the US, Europe and Japan extended to China, just as oil prices tumbled below $44 a barrel Grim corporate news sours Wall St mood High jobless claims figures and another sharp drop in factory orders conspired with a host of glum corporate developments in a wide range of sectors from telecoms to chemicals and pushed Wall Street stocks lower on Thursday Euro trims losses after rate cut The euro recovered slightly against the dollar and yen after the European Central Bank cut interest rates by 75 basis points to 2.5 per cent, the largest cut in the bank's near 10-year history Sterling recovers after UK rate cut The pound fell to a six-and-a-half-year low against the dollar on Thursday and hit a record low against the euro before recovering ground after UK interest rates were cut to their lowest level since 1951 FTSE down after UK rate cut London equities gave up earlier gains on Thursday, shrugging off any benefits from lower interest rates and following cautious Wall Street stocks lower ahead of keenly-watched US employment data UK house prices fall 2.6% in November Average UK house prices fell by 2.6% in November, according to the latest Halifax house price index, and are now 14.9% below their levels in November 2007 European stocks fall after ECB rate cut European equity markets fell on Thursday after the European Central Bank's three-quarter point rate cut failed to ignite investor confidence Asia-Pacific shares trade broadly lower Statistics suggesting that Japanese companies cut capital spending last quarter at the fastest rate for six years has weighed on Asian markets Record number of companies at risk of default A fresh sign in the deterioration of credit market conditions emerged yesterday when one of the most closely watched barometers of sentiment broke through an important threshold Record rise in US home loan applications A record surge in home financing activity has followed the planned purchase of $500bn in mortgage securities by the Federal Reserve Smaller hedge funds more resilient Full account of established funds' losses puts them behind recent arrivals China looks to buy more base metals For the second time this week an official has hinted that the world's largest metals consumer could build up state reserves Weak services data point to rate cut Bad news on services in Britain was mirrored in record low readings of business activity in services in the US and throughout the eurozone, underscoring the international nature of the recession Qantas shares lead weak rally across Asia Shares in the Australian carrier Qantas Airways, which is talking with British Airways about a merger, gained nearly ten per cent to help lead a weak rally across Asia Pacific Call for action on agricultural speculation European Commission report on price volatility in agricultural commodities markets recommends talks with US FT.com - Financial Markets NewsFT.com - Financial Markets News The Economist commodity-price index Foreign direct investment The OECD expects the global economic crisis to weigh down foreign direct investment (FDI) in the second half of 2008. The inter-governmental think-tank forecasts that FDI inflows into its member countries will drop by 13% in the year as a whole and that outflows will fall by 6%. In the first half of the year inflows totalled $599 billion and outflows $857 billion. America was the largest source as well as the main recipient. France ranked second in outflows and Britain in inflows. The one component of FDI expected to buck the downward trend is the purchase of companies in OECD countries by buyers from outside the club. The pattern of the year so far suggests the value of such deals is set to be 25% greater than in 2007. ... Trade, exchange rates, budget balances and interest rates The Economist poll of forecasters, December averages Markets Overview Global manufacturing is shrinking fast. In America, the Institute for Supply Management’s index plunged from 38.9 to 36.2, the lowest level since 1982 (a reading below 50 indicates activity is falling). The weakness was mirrored by comparable surveys of purchasing managers in other rich countries. The manufacturing index in the euro area fell to 35.6, a low for the 11-year survey; Britain’s dropped to 34.4, also a record low, while the index in Japan fell to 36.7. America’s recession became official. The panel of economists that dates American business cycles declared that the downturn started in December 2007. ... Output, prices and jobs GDP forecasts Output will decline in most OECD countries next year, according to gloomy forecasts released by the intergovernmental think-tank on November 25th. America’s GDP will fall by 0.9% in 2009. Although the OECD thinks it will then grow by 1.6% in 2010, helped by aggressive loosening in monetary policy, it gives warning that the recovery may be imperilled in a prolonged credit crunch. The euro area’s GDP will decline by 0.6 % in 2009 and climb by 1.2% in 2010. A brief growth spurt is expected in Japan in early 2009 thanks to a fiscal stimulus, but output is set to stagnate over the second half of the year. The number of unemployed people in OECD countries could rise by as much as 8m over the next two years. ... Global OTC derivatives The notional amounts of over-the-counter derivatives continued to expand in the first half of 2008, according to data from the Bank for International Settlements (BIS). They reached $684 trillion at the end of June, 15% higher than in December 2007. Interest-rate contracts, which account for the lion’s share of the market, expanded by 17%. But credit-default swaps (CDSs) declined slightly over the same period, to $57.3 trillion, the first fall since figures for CDSs started to be published in December 2004. Gross market values, which measure the cost of replacing all existing contracts, went up by 29% to $20.4 trillion at the end of June. The BIS says these are a better gauge of market risk than notional amounts. ... Child policies in Africa A new report from the African Child Policy Forum, a pressure group based in Addis Ababa, ranks 52 of the continent’s countries according to how well they protect and nurture minors. The Forum’s index is based on more than 40 indicators, covering the provision of health care and education, as well as policies that safeguard children against exploitation by adults. Mauritius is rated the most child-friendly African nation. The top 20 includes fairly rich countries, such as Egypt, Morocco and South Africa, as well as poorer nations, such as Kenya and Rwanda. The report finds that more than half of Africa’s countries do not yet prohibit corporal punishment in schools. A third have not banned child trafficking. ... Spain The Economist: IndicatorsIndicators Sell The Jobs Report Trade? Good morning. Premarket futures are showing a negative bias as investors sort through a number of headlines. As expected, big rate cuts overseas from the both the ECB & Bank of England are in focus along with the latest from... Our New Home Yesterday was a big day for my wife and I as we finally closed the deal on the purchase of our new home. It was a very time-consuming and arduous process, but we feel good about it and have every... No Help Wanted Good morning. If you're looking for good news, you've come to the wrong place. Premarket futures are firmly in negative territory following disappointing data on employment. According to the ADP employment report, November nonfarm private employment fell 250,000, which was... Earnings & Automakers Good morning. Following the fourth-sharpest point decline in the Dow ever, premarket futures are showing a positive bias. Frankly, it's been difficult to understand why the premarket futures are in rally mode other than for the big loss yesterday. Along... Bear Market Beer Will historic returns give way to additional gains? A preview of this week's earnings & economic data Reports on both construction spending & manufacturing disappoint "It's no time for the Fed to act like a bashful virgin." -Vincent Reinhart Governments'... Funny Money I enjoy looking at political cartoons and in recent weeks they have certainly taken on a financial focus: My personal favorite is the very last one. Cyber Monday Good morning. Premarket futures are suggesting a weak start of the new week and month. Other than the acquisition of Mentor by Johnson & Johnson, the news wires are relatively quiet. Of course, focus remains on holiday shopping as preliminary... A Thanksgiving Feast The bears clearly went on Thanksgving vacation. After all, they have a lot to be thankful for in 2008! For the week, the S&P 500 rallied back +12.03%, Dow +9.73%, Nasdaq +10.92%, and the Russell 2000 +16.38%. Looking through the... Kirk's New Workstation Since everyone's focus today is on spending money, I thought it would be a perfect time to talk about my new computer workstation which will arrive via FedEx by the end of the day. In this post, I'll provide details... Talking Turkey The Biggest Turkeys of 2008 50%-off deals are not expected to save retail sales on Black Friday Retailers offer big discounts and then pray What does Black Friday mean anyway? Market performance on Black Friday Holiday shopping with deflated stocks... Black Friday Good morning. After the largest four-day recovery since the Great Depression, stock futures are indicating a soft start to the final trading day of November. There's not a lot of market moving news this morning other than terrorism in Mumbai... Happy Thanksgiving! Another *VERY* nice day for the market. Seriously, we need Obama to give a speech every single day until the end of the year! As many of you already know, the stock and bond markets in the U.S. are closed... A Time For Thanksgiving It has been a year to remember and I'm far more thankful this year than any I can remember in the past. Here are some of the many things I plan to celebrate tomorrow: For my wife who after several... More Weak Data Ahead Of Holiday Good morning. Following weakness in overseas markets and a flood of economic data, premarket futures are suggesting a lower open. The key headlines this morning include a much weaker than expected durable goods, jobless claims fell 14K to 529K last... Spending Spree Consumers and businesses may not be spending money as they have in the past, but the government is on a historic spending spree. While we didn't gain much ground today, we didn't roll over and die either. A few more... The Kirk ReportOne pro's view of the stock market. Stock screens, market analysis, trading tools, stock research, investment ideas, portfolio analysis, trading lessons, investment commentary, trading tips, and more are provided by Charles E. Kirk. Stocks dip after two-day rally Stocks slipped Thursday afternoon as a rash of job cuts at major companies and weak November retail sales gave investors a reason to retreat after two up sessions. Credit Suisse axes 5,300 jobs  Bank-to-bank lending eases Bank to bank lending rates continued to march lower, as a trio of European central banks slashed their key interest rates, a move that markets had largely expected. Why you should be buying stocks now When new clients come to me, I ask them a few questions about risk. One is "What would you do if the value of your stocks fell by 50%?" Credit markets ease slightly The credit markets showed slightly improved confidence Wednesday, as lending rates fell ahead of expected interest rate cuts by Europe's central banks. Oil under $45 as global economy falters Oil prices dipped below the $45 mark Thursday as concern about the economies of Europe and the United States continued to weigh on energy demand. Dollar rises against euro, pound The U.S. dollar gained against most major currencies Wednesday, ahead of expected interest rate cuts by European central banks this week and amid volatile global equity markets. Nightmare on Wall Street continues The hits just keep on coming for Wall Street. Gas prices fall near the $1.80 mark Gas prices have been in decline for the past 77 days as the slowing economy has driven down the price crude oil, according to a daily survey released Wednesday. Dollar falls as stocks rally The dollar fell against major currencies Tuesday as stocks rallied and investors awaited the expected rate cuts of European central banks. Credit market pressure eases The credit market showed modest signs of improvement Tuesday as lending rates eased and investors anticipate European central banks will lower key lending rates this week, making borrowing cheaper in that region. Goldman may post $2 billion loss - report Wall Street firm Goldman Sachs may report a quarterly net loss of as much as $2 billion, according to a report in the Wall Street Journal. Buy American? Betting on a Big 3 bounce The fate of General Motors and the rest of the Big Three may soon be decided in Washington. Where to hide in the 'bear-cession' Welcome to the "bear-cession." Not all bear markets have been caused by or accompany recessions but 2008 is clearly a year marked by both turmoil in the stock markets and the broader economy. Cheap is the new black for retail Americans may be descending on the malls today to hunt for bargains. But this is still expected to be a blue Christmas for many retailers and a gloomy end to what's turning out to be a dismal 2008. Beware the Obama stimulus bubble Death and taxes...and overexuberance by investors. How 6 funds have weathered the storm Last spring, with the market's rumblings growing louder, we found six asset-allocation funds that seemed like safe bets for jittery investors ("6 funds that let you sleep at night"). As it turned out, the jitters were more than justified. So how have our picks held up? 4 ways to bet on emerging markets The last time we wrote about investing in emerging markets, we took a broad look at major indexes around the globe. Readers wanted to know more, namely possible ways to enhance returns by drilling down into particular companies, regions, or industries. The case for buying oil stocks Last week, the Paris-based International Energy Agency released its World Energy Outlook 2008 - a 578-page book full of future supply, demand, and price estimates which this year also included an eagerly-awaited study of 800 of the world's largest oil fields. The stock to buy when regulators call In the mess that has enveloped companies and the broader economy, there is a lot of finger pointing and blame being thrown about. Some people have the patience to wait for karmic retribution. For the rest of us, there are securities lawyers and regulators aplenty to mete out punishment. Latest stock market news from Wall Street - CNNMoney.comFrom CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions. ECB Trims As Britain And Sweden Slash Milder approach to aiding the euro zone economy apparently aimed at instilling confidence. Cloudy Forecast For Philips The electronics company disappoints with a less-confident guidance. DuPont's Dinged Demand The chemical company beefed up its cost-savings plan to combat expected weakness through 2009. Sarkozy's Here To Help France's new $33B stimulus plan contains slow and inefficient government spending. America, The Jobless Employment situation seems bleak and factory orders flag. Novo Says Things Could Get Tougher The company's chief executive thinks the pharmaceutical sector could face some hurdles ahead. Tension Brews Between BA, Iberia The airlines' head honchos are meeting to see if a tie-up is feasible. Alcatel Stays Mobile Franco-American telecom's decision to stay in the mobile network business is wise, though cost cuts are needed. Deep Cut From Britain; Lesser Trim From ECB Bank of England cuts rates to record low, in contrast to the somewhat more cautious European Central Bank. Sweden Kickstarts Rate-Cut Day The Riksbank delivers a bigger than expected cut ahead of other European decisions on interest rates Thursday. Forbes.com: Market NewsMarket news and reports from Forbes.com Examining technical and sentiment indicators for Google Inc. (GOOG) This morning, Google Inc. (GOOG: sentiment, chart, options) had a bit of negative brokerage action, but when investors combined the price-target reduction with the positive brokerage action from Citigroup, the shares were off only modestly...(Read More) During the past year, brokerage firms have grown increasingly optimistic toward this brewer The fundamental outlook for many corporations has shifted dramatically in 2008, thanks to the ongoing financial crisis and the economic recession...(Read More) Analyzing the correlation between the 10-year Treasury note and the S&P 500 Index (SPX) Bonds have been exploding higher lately, sending yields crashing. In fact, the yield on the 10-Year Treasury note (TNX) recently saw its biggest 1-month drop ever, falling just over 30%...(Read More) Options players bulk up their bullish bets on American Superconductor Corporation (AMSC) Energy technology issue American Superconductor Corporation (AMSC: sentiment, chart, options) has been a popular target among optimistic options traders lately...(Read More) Stocks stuck in the red after the latest initial jobless claims data Out of the gate this morning, U.S. stocks dropped in response to layoff news from a plethora of companies, the latest initial jobless claims data, and dreary November retail sales results...(Read More) Adobe Systems (ADBE) could face a backlash from bullish investors following lower revenue guidance Shares of Adobe Systems (ADBE: sentiment, chart, options) have dropped more than 5.5% so far today, following the company's lowered guidance and job-cuts announcement after the close last night...(Read More) Discount retailer reports strong November same-store sales BJ's Wholesale Club (BJ: sentiment, chart, options) is one of the few retailers to post some positive sales results for November...(Read More) Sentiment is negative toward retailers across the board as we enter the holiday shopping season With many retailers reporting their November sales today, sentiment toward this group can only be described as skeptical...(Read More) This online travel firm is benefiting from short-covering support and an influx of call-buying Online travel firm priceline.com Incorporated (PCLN: sentiment, chart, options) was targeted by bullish option traders on Wednesday...(Read More) Chemical company warns of earnings short fall, announces job cuts DuPont (DD: sentiment, chart, options) dropped more than 2% on the open after warning that it forecasts a fourth-quarter loss and expects 2009 earnings to come in below analysts' estimates...(Read More) State Street (STT) bounces on news of layoffs, but are gains temporary? After the close last night, State Street (STT: sentiment, chart, options) joined the throngs financial-services companies reducing their workforces by announcing plans to lay off as many as 1,800 people, or 6% of its staff, at the beginning of 2009...(Read More) A bearish candidate sees a surge in call trading This week's edition of Options Spotlight takes a look at Hess Corporation (HES: sentiment, chart, options)...(Read More) Telecommunications giant cuts 12,000 jobs Shares of AT&T Inc. (T: sentiment, chart, options) dropped this morning after the company announced that it will slash roughly 12,000 jobs, or 4% of its workforce through the end of next year...(Read More) Adobe Systems (ADBE) lowered its fourth-quarter revenue guidance U.S. stock futures are pointed lower this morning, indicative of a potentially negative start to the regular session of trading...(Read More) All 3 indices finish higher in a back-and-forth day The morning started with news from the Institute for Supply Management (ISM) revealing that non-manufacturing activity contracted in November...(Read More) Examining technical and sentiment indicators for Bed Bath and Beyond Inc. (BBBY) After the closing bell rang last night, Bed Bath & Beyond, Inc. (BBBY: sentiment, chart, options) lowered its fiscal third quarter estimates...(Read More) Despite hitting a new high, pessimism persists toward Universal Technical Institute, Inc. (UTI) Amid this uncertain market environment, it's not often you hear about stocks with the potential to muscle higher...(Read More) Hopes aren't running very high for this discount retailer's quarterly report Big Lots, Inc. (BIG: sentiment, chart, options) is scheduled to step into the earnings spotlight this Friday, December 5, to unveil its latest quarterly results...(Read More) An in-depth look at the CBOE Market Volatility Index (VIX) The Chicago Board Options Exchange (CBOE) Market Volatility Index (VIX) is a sentiment tool that measures the market's expectations of near-term volatility...(Read More) Examining technical and sentiment indicators for OmniVision Technologies, Inc. (OVTI) Yesterday, OmniVision Technologies, Inc. (OVTI: sentiment, chart, options) announced that it expects to post a loss in its fiscal third quarter, far below the Street's expectations...(Read More) Despite the stock's technical troubles, optimism surrounds Evergreen Solar, Inc. (ESLR) Along with a slew of its sector comrades, Evergreen Solar, Inc. (ESLR: sentiment, chart, options) was bombarded by a bit of bearish brokerage news today...(Read More) This Vermont-based coffee concern continues to outperform the broader market In my opinion, coffee is a recession-proof necessity. (Anyone who's seen me prior to my morning dose of caffeine would no doubt agree.) Judging by the recently strong performance of Green Mountain Coffee Roasters Inc...(Read More) Toshiba buyout rumor prompts flood of SanDisk (SNDK) call option volume The shares of flash-memory maker SanDisk (SNDK: sentiment, chart, options) are inexplicably up more than 20% so far today...(Read More) Brokerage firms love Research In Motion (RIMM), MetLife (MET), and AGCO Corp. (AG), but their declines continue As we reported in this morning's Opening View, Research In Motion (RIMM: sentiment, chart, options) slashed its third-quarter earnings and sales estimates due to a stronger U.S. dollar and a weakening economy...(Read More) Steel maker idles 3 plants in face of dwindling demand While the rest of the market marches into the black, United States Steel Corporation (X: sentiment, chart, options) is lagging in the red this afternoon following news that it plans to temporarily idle 3 plants, which will affect approximately 3,500 workers...(Read More) We have the SECRET to a +157% PROFIT in just 9 days! Do you? Get the secret? Our Leverage Series subscribers have experienced the SECRET to success with 15 BIG WINNING trades in the last 3 months. You can too! Join our Schaeffer's Leverage Series TODAY! Perfect for the short-term trader.Get an average of 2 trades targeting profits of 100% or higher EACH AND EVERY MONTH! Order today and SAVE $500! Regularly $795 for 12 months. Join Schaeffer?s Leverage Series now for 12 Months only $295! Plus get 12 months FREE and the FREE 10 Trading Secrets DVD! Supplies are Limited. Learn More - View Video ...(Learn More) Play Schaeffer's New Addictive Game: Stockdoku Addicted to Sudoku or crossword puzzles? Then you'll love Schaeffer's Stockdoku. It's Sudoku with a stock market twist!..(Play the Game Now) SchaeffersResearch.com Market ObservationsTimely market observations from Bernie Schaeffer and the traders at Schaeffer's Investment Research. Discussions on stock and option trading; technical, fundamental and sentiment analysis; finance and investing. Corrections: Mortgage rates plummet after Fed action A Dec. 4 MarketWatch report on average mortgage rates misstated the date when fixed-rate mortgage rates last experienced this large of a decline. See corrected story.      Mortgages: CORRECT: Mortgage rates plummet after Fed action Mortgage rates for fixed-rate loans plummeted this week, after the Federal Reserve's actions to increase liquidity in the mortgage market, Freddie Mac's chief economist says.    Telecom Stocks: AT&T, ADC, telecoms mostly decline WASHINGTON (MarketWatch) - Shares of telecommunications stocks were deflated on Thursday after two days of gains, with large job reductions by AT&T Inc. weighing on the sector.    Stable management helps Synopsys in tough times: analysts Shares of Synopsys Inc. were up more than 12% after the chip design software company posted earnings that beat Wall Street projections.    Airline Stocks: Oil prices fall for fifth day, boosting sector Airline stocks were holding steady gains as oil prices fell for a fifth day.    AT&T to eliminate 12,000 jobs AT&T Inc. on Thursday said it would cut 12,000 jobs, or 4% of its workforce, and spend less on new equipment in 2009 in response to a weakening economy.    MarketWatch First Take: Layoffs 'right-size'expectations heading into the holidays Economists like to talk about “right-sizing” industries. It’s a horrible word but serves well enough as shorthand for finding that elusive equilibrium between supply and demand. And Thursday brought a flurry of it.    Treasury, Fed could bail out Big 3, GAO says Chastened leaders of the U.S. automobile industry return to Capitol Hill to press their case for up to $34 billion in emergency loans as senators are told the Treasury Department already has the authority it needs to keep their industry alive.    Movers & Shakers: Thursday's biggest gaining and declining stocks Among the companies whose shares are expected to see active trade in Thursday’s session are a number of retailers – including Aeropostale, Costco, Hot Topic, Mothers Work, Saks, Stage and Zumiez – as well as Adobe Systems, Copart, Ford, GM, Philips, Sanderson Farms, State Street and Toll Brothers.    Tech Stocks: Losses hit sector after AMD cuts sales outlook SAN FRANCISCO (MarketWatch) - Technology stocks remained in the red in afternoon trading Thursday as chipmaker Advanced Micro Devices Inc. joined in the earnings-warning parade after it said it expects to report a decline in its fourth-quarter sales.    MarketWatch.com - Top StoriesMarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products. Back on Capitol Hill, Auto Executives Still Find Skeptics Senator Christopher J. Dodd, who heads the banking committee, suggested that it would be difficult for lawmakers to approve a financial lifeline for the three companies.  With Saturn, G.M. Failed a Makeover With sales of Saturn vehicles falling, G.M. said it was “exploring alternatives” for the brand that was once considered a symbol of its future.  Bernanke Calls for More Help for Homeowners Foreclosures remain “too high,” hurting not only homeowners but lenders and the broader economy, the Fed chief said.  Most Retailers Report a Dismal November Most of the nation’s stores kicked-off the critical holiday shopping season with double-digit sales declines, portending more price-cuts in December.  AT&T Plans to Cut 12,000 Jobs The company cited streamlining and a changing business mix for laying off about 4 percent of its work force.  A.M.D. Warns of Weak Revenue in 4th Quarter The chip maker warned that fourth-quarter revenue would be much weaker than expected because of sluggish demand.  DuPont Cuts 2,500 Jobs and Warns of a Loss With the collapse of the housing market and decline in the auto industry, the chemical company moves to trim $600 million in costs.  Stocks Fall in Quiet Trading; Oil Prices Drop Investors received another round of bad economic news, including falling retail sales numbers and layoffs at AT&T.  Central Banks Across Europe Cut Key Rates The European Central Bank joined other central banks on Thursday in lowering borrowing costs to try to ease the financial crisis.  Wave of Job Cuts Hits Banks in Europe Among the investment banks announcing work force cuts was Credit Suisse, which will eliminate 5,300 jobs, 11 percent of the total.  Merck Offers a Cautious Forecast for 2009 The company cited a harsh impact from the stronger dollar and continuing sluggish sales of several big medicines.  Largest Drop in Factory Orders in 8 Years But the number of people continuing to claim benefits reached a 26-year high.  Loss Narrows at Toll Brothers, but Outlook Is Cloudy The largest U.S. luxury home builder wrote down less inventory in the fourth quarter, but dire market conditions kept it from giving any kind of forecast.  A Rush Into Refinancing as Mortgage Rates Fall The Treasury’s efforts to jump-start the housing market led to a surge in mortgage refinancing activity, and officials are considering new ways to entice buyers.  Market Place: Fortress, the Hedge Fund, Is Crumbling Shares in the Fortress Investment Group plummeted 25 percent, to $1.87, after the firm said that it had temporarily suspended redemptions at its largest fund.  Capital One Buys a Rival Bank for $520 Million Capital One Financial is acquiring Chevy Chase Bank for about $520 million in a deal that will create a new midlevel player in the industry.  Harvard Endowment Loses 22% University officials have been told to expect a 30 percent drop in the endowment’s value because of the financial turmoil.  Recession Trickles to India India is feeling the cutbacks in America and elsewhere, as high-tech companies and outsourcing firms tighten their belts by freezing salaries and laying off workers.  Publishers Announce Staff Cuts Random House announced a sweeping reorganization aimed at trimming costs, while Simon & Schuster said it was cutting 35 jobs.  An Online Sales Boom That May Not Last Strong Web sales over the holiday weekend are unlikely to bail out the retail industry, which is contending with a recession and a sharp decline in consumers’ wealth.  As Sales Fall, German Carmakers Cut Production and Hope to Avoid Layoffs Automakers in Germany are scaling back production while trying to dodge the politically sensitive topic of layoffs.  Managers Win Auction for a Part of Lehman Executives of Lehman Brothers’ Neuberger Berman unit were selected as the winning bidders for the bankrupt investment bank’s money management business on Wednesday.  New Zealand Cuts Interest Rates New Zealand’s central bank cut its interest rates on Thursday, joining policy makers around the world seeking to lower the cost of borrowing to bolster their slowing economies.  Money Market Fund Outlines Plans to Reimburse Investors Investors in the Reserve Primary Fund are finally getting some details about how the beleaguered fund plans to handle its continuing liquidation.  French Bid Disrupts Warren Buffett’s Offer for U.S. Utility Electricité de France has offered $4.5 billion for half of Constellation Energy’s nuclear power unit, a deal that could scuttle a takeover by Warren E. Buffett.  Advertising: This Season’s Must-Have: The Humble Coupon The faltering economy and new technologies could mean renewed interest in coupons as shoppers refocus on the cost of the products they buy.  Fed Report Shows Downturn After October Shocks The economic downturn took a turn for the worse after the market shocks in October, and in November the problems only became worse, according to the Fed’s “beige book.”  Breakingviews.com: The Hunt Is On for New Money Financial institutions from Morgan Stanley to GE Capital are trying to beef up their deposit gathering.  G.M. Is Trying to Ease a Crushing Debt Load As the Big Three Detroit automakers campaign for a federal bailout, General Motors is pleading with its anxious bankers and bondholders to lighten its debt burden.  China Shuns Investments in West’s Finance Sector The chairman of China’s sovereign wealth fund said that China had no plans for more investments in Western financial institutions, or any plans to “save” the world through economic policies.  Small Stores Find Ways to Drum Up Traffic With fewer people out buying, some small businesses are doing whatever they think will draw in customers.  S.E.C. Issues Rules on Conflicts in Credit Rating The new rules are designed to stem conflicts of interest and provide more transparency for the credit-rating industry, widely faulted for its role in the subprime mortgage debacle.  In Banking, Emanuel Made Money and Connections Rahm Emanuel earned more than $18 million, gaining insight on the financial services sector but building ties with an industry now at the heart of the economic crisis.  Proposal Ties Economic Stimulus to Energy Plan A stimulus plan being fashioned will likely include an energy-efficiency component costing $15 billion or more.  Fitness: A Drop in Pay, but a Leap in Karma The federal Bureau of Labor Statistics forecasts the fitness field will grow 27 percent from 2006 to 2016. Are you ready to trade in your corporate skills for a leotard?  Wrinkles Disappear, as Does a Company The company behind ArteFill, a permanent injectable substance used to fill creases around the mouth, is exploring bankruptcy.  At Shubert, the Future Has Roots in the Past The ascension of Philip J. Smith and Robert E. Wankel to the top of the Shubert Organization ended a 20-plus-year guessing game about the future of the largest theater-owning enterprise in the nation.  Luxury Prices Are Falling; the Sky, Too Black Friday had an unreal quality for stores selling luxury goods, as retailers had to drastically slash prices to stay afloat during a turbulent economy.  Shopping, Cocktail in Hand There's a myriad of reasons to spend your days in stores this season, and it's not necessarily to shop.  State of the Art: Motozine ZN5 Makes Pictures Equal to Calls The Motorola/Kodak Motozine ZN5 is more of a proper digital camera than almost any phone before it.  NYT > Business ECB Cuts Rates by Record 75 Basis Points  The European Central Bank cut interest rates by 75 basis points on Thursday, its biggest ever move as inflation plummets and the euro zone economy sinks deeper into recession.BoE Cuts Rates to 2% France Unveils $32.9 Billion Stimulus Package Nokia Sees 2009 Handset Market Down 5% or More Credit Suisse To Cut Another 5,300 Jobs Nomura to Cut Up to 1,000 Positions in London Safeway 2009 Guidance Matches Expectations Liechtenstein to Lift Bank Secrecy in Deal with US Wine Librarian's Favourite Holiday Spirits Full Coverage of Europe's Banking Crisis Facing the worst financial crisis in 80 years, Europe takes unprecedented steps to bolster its beleaguered banking system. CNBC Europe Top News and AnalysisStock Market News, Financial, Earnings, World Market News and Info Covering the Europe Region Japan Faces Recession, Central Banks Cut Rates  Asia-Pacific nations kept up the flood of grim news after U.S. data showed private sector employers axing jobs at the fastest pace in seven years, and that the economy, in recession for a year, had deteriorated in the past few weeks.Stocks Face a Rough Month Japan Capex Data Signals Downward Revision in GDP Japan's Nippon Oil, Nippon Mining Plan to Merge Asian Growth Story is Still Alive Panasonic Raises Offer for Sanyo Electric Buy Asian -- The Rebound Will Outshine a US Recovery Australia Economy Injured as Vehicle Sales Crash Nomura to Cut Up to 1,000 Positions in London Banks Throw Babcock & Brown a Lifeline New Zealand Slashes Rates by 150 bps to 5% CNBC Asia Top News and AnalysisNo Description Provided December 1st Blogger Sentiment Poll The bloggers remain bullish, although bears are looking for the rally to end.
Blogger Sentiment Poll Participants:
24/7 Wall St. (-) Ahead of the Ticker (+) Carl Futia (+) Crossing Wall Street Daily Dose of Optimism (+) Dash of Insight (-) Elliot Wave Lives On (-) Fallond Stock Picks (+) In the Money Information Arbitrage (-) Learning Curve (+) MaoXian Millionaire Now (N) Navivest (-) Peridot Capitalist (N) Random Roger's Big Picture (+) Shark Report (-) Smart Money Tracker (+) Stock Advisors.com Traders Talk (-) Wishing Wealth (-)
  2008 EPS Estimates: Nobody Knows With only one quarter left in the year, analysts are still uncertain about the outcome of 2008. Shown below are the bottoms up 2008 EPS estimates for the S&P 500 and the ten economic sectors. We have sliced these estimates several different ways, highlighting the uncertainty lying beneath the averages. As shown, estimates for the financial sector have been slashed 62% over the last three months. 2008 estimates for the index have declined nearly 13%. Even more disconcerting is the range in earnings expectations for 2008. Using the high estimate for each member of the S&P 500 we arrive at an earnings per share number of $87.01; using the lows for each member we get $63.27.
What does this mean? We would take this amount of uncertainty as a sign to use extreme caution. Over the last several months estimates have been steadily revised down across all sectors except health care (as shown above), and the spread between the high and the low estimate is large enough that the consensus can change very quickly. Value investors should continue to use caution, because the estimates used in calculating forward P/E ratios remain highly questionable. That said, if the earnings come in at the low estimate for every company ($63.27/share), the P/E for the index would be 13.6 which is still below the 60-year average of 17.8; HOWEVER, it must be noted that from 7/31/74 to 12/31/82 the average P/E for the S&P 500 was 9.17. At the end of the day fundamental analysts are lost in the woods, and stock prices will continue to gyrate.  November 24th Blogger Sentiment Poll The bloggers remain bullish.
Blogger Sentiment Poll Participants:
24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crossing Wall Street (+) Dash of Insight (-) Elliot Wave Lives On (-) Fallond Stock Picks (+) In the Money Information Arbitrage (-) Learning Curve (+) MaoXian Millionaire Now (N) Navivest (-) Peridot Capitalist (+) Random Roger's Big Picture (+) Shark Report (N) Smart Money Tracker (N) Stock Advisors.com Traders Talk (N) Wall Street Folly Wind River Advisors Wishing Wealth (-)   Don't Call the Bottom  The latest research report print and distributed by Birinyi Associates, Bear Market Strategy, analyzes and discusses every bear market of the last fifty years. From this analysis we can draw several conclusions:
DON'T CALL THE BOTTOM! The idea that capitulation occurs at market bottoms is a myth. There have been times when extreme selling or negative sentiment has occurred at a market turn, but based on a historical perspective we are not able to determine what the so called magic number is that would indicate such an extreme. Markets are actually more apt to make a subtle or sometimes unexpected turn from red to black.
Timing matters: The majority of a bear market decline and also the majority of bull market gains occur in very specific time periods relative to the cycle. (Subscribe to one of Birinyi's premium research products for more details on timing.)
This bear market is different than any other. We are fond of pointing out that in fact all markets are different, but this one has thrown any kind of historical perspective or market tool out the window. Most notably, the decline in the S&P 500 has been as severe as any of the last fifty years, but it has occurred in half of the time. Typically declines such as the current one occur over two years, this has taken just over one. Expecting a bottom because we have declined as much as other bear markets is simply not credible. Many commentators have compared this decline to those of the 1930s. While it is true that there were similar declines in the 30s, the market was very different then. There were about 650 NYSE listed firms in 1930; today there are 1,871 with another 2,967 on the NASDAQ. The fact is that modern market technology, transaction speed and the availability of trading stocks makes this market very different from that of the 1930s.
What can we draw from this? Anyone using historical perspective to forecast for this bear market should be ignored. Birinyi Associates' analysis indicates that there are strategies to be followed, but the best advice is to remain very cautious. The market continues into uncharted territory, and anyone commenting on its path is purely speculating. Bear Market Strategy is a 180 page publication available to subscribers of Birinyi Associates' Mini-Institutional service. Selected tables and charts will be presented in the monthly newsletter as necessary, but the book in its entirety will not be made available. For the complete publication and analysis subscribe to the Mini-Institutional service today.  November 17th Blogger Sentiment Poll The blogging world remains bullish for the week.
Blogger Sentiment Poll Participants:
24/7 Wall St. (-) Ahead of the Ticker (+) Carl Futia (+) Crossing Wall Street Elliot Wave Lives On (-) Fallond Stock Picks (+) In the Money Information Arbitrage (-) Knight Trader (N) MaoXian Millionaire Now (N) Navivest (-) Peridot Capitalist (+) Random Roger's Big Picture (+) Smart Money Tracker Stock Advisors.com Wind River Advisors Wishing Wealth (-)   Bear Market Strategy Distributed to Mini-Institutional subscribers on Friday, Birinyi Associates' newest publication is a 180 page analysis of every bear market from the last fifty years. Each bear cycle is broken down into its causes, catalysts and final resolution. The first 20 pages highlight the current bear market and its relationship to those of the past. Noted in this weekend's Barron's was a two page insert from that piece called "The Myth of Capitulation," where Birinyi highlights several examples of analysts calling for a final selloff before the bear market could end - these calls were made after the bottom.
Subscribers to Birinyi's research services benefit from an unrivaled wealth of knowledge. These databases are available to Mini-Institutional subscribers in their entirety; whether it be "The Book of the Dow" (the most complete set of DJIA data available; anywhere), or Birinyi's comprehensive four volume analysis of Market Cycles. This information is frequently updated and summarized in the form of one page strategy bulletins when they are pertinent, and it is available for review to those who are interested.  November 10th Blogger Sentiment Poll Bloggers continue their bullish positions this week.
Blogger Sentiment Poll Participants:
24/7 Wall St. (-) Ahead of the Ticker (+) Carl Futia (+) Crowder Blog (+) Crossing Wall Street Dash of Insight (+) Elliot Wave Lives On (-) Fallond Stock Picks (+) In the Money Information Arbitrage (-) Learning Curve (+) Knight Trader (N) MaoXian Millionaire Now (N) Navivest (+) Peridot Capitalist (+) Random Roger's Big Picture (+) Smart Money Tracker (+) Stock Advisors.com Traders-Talk (-) Wall Street Folly Wind River Advisors Wishing Wealth (-)   November 3rd Blogger Sentiment Poll Bloggers begin the month maintaining the bullish sentiment.
Blogger Sentiment Poll Participants:
24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crowder Blog (+) Crossing Wall Street Dash of Insight (N) Elliot Wave Lives On (-) Fallond Stock Picks (+) In the Money Information Arbitrage Learning Curve (+) Knight Trader (N) MaoXian Millionaire Now (N) Navivest (-) Peridot Capitalist (+) Quant Investor (+) Random Roger's Big Picture (+) Smart Money Tracker (+) Stock Advisors.com Wall Street Folly Wind River Advisors Wishing Wealth (-)   Volkswagen: The Biggest Company in the World Yes, that's right, at one point early this morning EST Volkswagen AG was up 100% and surpassed Exxon-Mobil as the largest company in the world. The move has been blamed on a short squeeze, but could you really imagine XOM going up $70 in the first hour of trading?
Subscribe to Birinyi Associates' Mini-Institutional service to stay ahead of the tape (and the street) on gyrations caused by market structure not market participants.  October 27th Blogger Sentiment Poll There are still more bulls than bears this week.
Blogger Sentiment Poll Participants:
24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crowder Blog (-) Crossing Wall Street (+) Dash of Insight (N) Elliot Wave Lives On (-) Fallond Stock Picks (+) In the Money Information Arbitrage (-) Jack Stevison (+) Learning Curve (+) Knight Trader (N) MaoXian Millionaire Now (+) Navivest (-) Peridot Capitalist (+) Quant Investor (+) Random Roger's Big Picture (+) Stock Advisors.com Traders Talk (N) Wall Street Folly Wishing Wealth (-)   Re-Read "the next CRASH"  the next CRASH was written and distributed to Birinyi Associates' clients in August of 2007. In it Mr. Birinyi questioned the rationale behind structural changes such as decimalization, ECNs, and increasingly more complex trading strategies and vehicles. As a result of the essay, Birinyi Associates arrived at the conclusion that "the markets in the first decade of the 21st century are prone to systemic failureas a result of technological innovations and utilization, rapid growth of sophisticated but not necessarily vetted instruments, and other changes in the wide world of finance...We believe the various structural reforms of the 1990s have not achieved the desired effect with regard to the individual."
We continue to wonder why nobody is PISSED. These kinds of market gyrations have not occurred since the 1930s, and as much as international financial markets have been disrupted, changes to the structure of the stock market have gone seemingly unnoticed. Specialists and the services provided by the New York Stock Exchange have been removed from the picture causing market anomalies that are detailed in the publication, but have also been highlighted here. What we have witnessed over the last two months has been the culmination of complex instruments and that the theories on which they were founded are both flawed and short sighted.
Below we highlight some of the charts depicting not weakness, but market irregularities.
Additional information has been posted on this blog over the last year, visit these posts for more:
Google's 9/30 Activity: What If OOPS Doesn't Cut It
Ruling Out Speculation in the Oil Market
Financial Sector Has Best Six Day Move EVER!
S&P 500: Yet Another Cause for Concern
The SEC Uptick Rule Change: Bad Timing for a Bad Idea
S&P 500 Calculation Error
Upticks: More Freedom, Less Security
Taking Off the Collar (and the leash)
Birinyi Associates continues to be on the forefront of market research and analysis. Their work and commentary is featured by Forbes, Reuters, Bloomberg, the Wall Street Journal, Barron's and the New York Timesalmost daily. To stay ahead of market developments, macro trends, and market scuttlebutt that isn't mentioned in the news many investors, traders, institutions and individuals turn to Birinyi Associates. Click here to learn more about Birinyi's newsletter and one of the finest research products available, the Mini-Institutional service.  October 20th Blogger Sentiment Poll This week's poll continues the overwhelming bullishness.  Blogger Sentiment Poll Participants:24/7 Wall St. (N) Ahead of the Ticker (+) Carl Futia (+) Crossing Wall Street Dash of Insight (N) Elliot Wave Lives On (-) Fallond Stock Picks (+) In the Money Information Arbitrage (-) Jack Stevison (+) Learning Curve (+) Knight Trader (N) MaoXian Millionaire Now (+) Navivest (-) Peridot Capitalist (+) Quant Investor (+) Random Roger's Big Picture (+) Smart Money Tracker (N) Shark Report (+) Stock Advisors.com Traders Talk (+) Wall Street Folly Wishing Wealth (-)  Ticker Sense LOGIN / PASSWORDEMAIL FREE EMAIL - To Sign Up Click HereSearch Powered by Google Job & Career Searchjob title, keywords, company, location Jobs by IndeedFinance & Investing Jobs Jobs by IndeedFinance & Investing Jobs STOCK MARKET INDICATORS Market Overview and IndicatorsStock Markets OverviewVolume LeadersPercent AdvancesPercent DeclinesDaily 52 Week HighsDaily 52 Week LowsMarket IndicesS&P 500NASDAQ 100Exchange Traded Funds - ETF WatchFOREX FX Exchange RatesFutures Prices by ExchangeFutures Prices by TypeUS Morning Call CommentaryStock Market News, Indicators, and Market Industry Articles Source. Want to find out what is happening in the Stock Markets? Check out iHaveNet.com for the latest Stock Market News by Sector and Industry on the latest Market top stories and more. Your Single Source to Stock Market, Economic, Business and Industry News Articles.Click Here for More BUSINESS NEWS Industries:AgricultureAirlineAutoBeverageBiotechBookBroadcastCableChemicalClothingConstructionDefenseDurableEngineeringElectronics Firearms Food Gaming HealthcareHospitality Leisure Logistics Metals Mining Movie MusicNewspaper Nondurable Oil & Gas Packaging Pharmaceutic Plastics Real Estate Retail Shipping Sports Steelmaking Textiles Tobacco Transportation Travel Utilities Industry Business News, Current Events and Business Industry Articles Source. Want to find out what is happening in Industries? Check out iHaveNet.com for the latest Business News by Industry on the latest Industry top stories and more. Your Single Source to Business and Industry News Articles.Click Here for Morevar AdBrite_Title_Color = '000066';var AdBrite_Text_Color = '000000';var AdBrite_Background_Color = 'FFFFFF';var AdBrite_Border_Color = '000066';var AdBrite_URL_Color = '000066';try{var AdBrite_Iframe=window.top!=window.self?2:1;var AdBrite_Referrer=document.referrer==''?document.location:document.referrer;AdBrite_Referrer=encodeURIComponent(AdBrite_Referrer);}catch(e){var AdBrite_Iframe='';var AdBrite_Referrer='';}document.write(String.fromCharCode(60,83,67,82,73,80,84));document.write(' src="http://ads.adbrite.com/mb/text_group.php?sid=870540&zs=3136305f363030&ifr="+AdBrite_Iframe+'&ref='+AdBrite_Referrer+'" type="text/javascript">');document.write(String.fromCharCode(60,47,83,67,82,73,80,84,62));Your Ad Herevar AdBrite_Title_Color = '000066';var AdBrite_Text_Color = '000000';var AdBrite_Background_Color = 'FFFFFF';var AdBrite_Border_Color = '000066';var AdBrite_URL_Color = '000066';try{var AdBrite_Iframe=window.top!=window.self?2:1;var AdBrite_Referrer=document.referrer==''?document.location:document.referrer;AdBrite_Referrer=encodeURIComponent(AdBrite_Referrer);}catch(e){var AdBrite_Iframe='';var AdBrite_Referrer='';}document.write(String.fromCharCode(60,83,67,82,73,80,84));document.write(' src="http://ads.adbrite.com/mb/text_group.php?sid=870540&zs=3136305f363030&ifr="+AdBrite_Iframe+'&ref='+AdBrite_Referrer+'" type="text/javascript">');document.write(String.fromCharCode(60,47,83,67,82,73,80,84,62));Your Ad Here STOCKS HOME | WORLD | USA | BUSINESS | WEALTH | STOCKS | TECH | HEALTH | LIFESTYLE | ENTERTAINMENT | SPORTS | RSS Stock Market News ArticlesYour single source for Stock Market Headlines, Investment News and Market Commentary_uacct = "UA-688676-1";urchinTracker(); |
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