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Vet67to82
Vet67to82
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Vet67to82's Blog : Wednesday, 11/10/2010 OurCall for the Close

Date November 10, 2010    Comments Comments (15)    Rate this post Recommend This Post (116)   
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Monday through today the bears are ahead; yet, thanks to the bullish battle-backs, the U.S.indices are STILL showing intact trends, and charts indicate a technically significant breakout that reduced risks of a crash ... but not that of consolidation pullbacks, and the indications are that is what is occurring now.

Nov. 9, 2010, 11:39 a.m. EST
U.S. markets escape crash territory
Focus: Coal, ANR, CNX, PCX, PENN, HIG, IMAX, PWRD, LPX, HEAT
- http://www.marketwatch.com/story/us-markets-escape-crash-territory-2010-11-09?link=kiosk

Today the markets are concerned with the EU debt troubles and QE2. The EU trials and tribulations are "fixable" and the markets KNOW that; so, it's a convienient and handy excuse, instead of "profit taking." I have suggestions to FIX QE2 below, though I am sure there could be many more possible solutions to insure QE2 CREATES jobs, benefits local comunities, the overall USA economy and not JUST the financials and the markets.

For the rest of the story, and OurCall for the Close, see the comments, replies, and links below.

Hope everyone is having a great day!

Tags : CSCO   COMP   DJIA   SPX   SPY   FAS   FAZ   DIA   A   AA   ALL   AXP   BA   BAC   C   CAT   CHK   CVS   CVX   DD   DIS   GE   HD   HES   HPQ   IBM   INTC   JCP   JNJ   JPM   KFT   KO   MCD   MMM   MRK   MSFT   PFE   PG   T   TRV   UTX   VZ   WMT   XOM   ING   GLD   SLV   PAAS   UXG   DHT   DRYS   EGLE   GASS   OSG   AAPL   ALKS   AMLN   GOOG   HOG   MCP   MEE   NCR  

15 Comment(s):

Author Vet67to82     Date November 10, 2010 12:05 Abuse this post Report Abuse
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Indices, sectors, industries, and companies to watch:

CSCO, COMP, DJIA, SPX, SPY, FAS, FAZ, DIA, A, AA, ALL, AXP, BA, BAC, C, CAT, CHK, CVS, CVX, DD, DIS, GE, HD, HES, HPQ, IBM, INTC, JCP, JNJ, JPM, KFT, KO, MCD, MMM, MRK, MSFT, PFE, PG, T, TRV, UTX, VZ, WMT, XOM, ING, GLD, SLV, PAAS, UXG, DHT, DRYS, EGLE, GASS, OSG, AAPL, ALKS, AMLN, GOOG, HOG, MCP, MEE, NCR

Adding .... ( n/a)

Nov 9 - Markets closed
DJIA11,346.75 -60.09 (-0.53%)
S&P 500 1,213.40 -9.85 (-0.81%)
Nasdaq 2,562.98 -17.07 (-0.66%)

Sector Change % down / up
Basic Materials -1.40%
Capital Goods -1.06%
Conglomerates -0.69%
Consumer Cyclical -0.73%
Consumer Non-Cyclical -0.74%
Energy -0.61%
Financial -1.37%
Healthcare -0.55%
Services -0.83%
Technology -0.44%
Transportation -1.25%
Utilities -0.22%

Author Vet67to82     Date November 10, 2010 12:06 Abuse this post Report Abuse
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China Agritech, Inc. Reports 2010 Third Quarter and Nine Month Financial Results 11/10/2010 7:57 AM
Sotheby's: Pink diamond sale should set new record 11/10/2010 7:55 AM
Iran won't talk about limiting nuclear program 11/10/2010 7:54 AM
ING Q3 net profit falls on US insurance charge 11/10/2010 7:51 AM
SAS posts loss in Q3 on one-time charges, fine 11/10/2010 7:50 AM
Index futures flat as investors cautious 11/10/2010 7:49 AM
Special Report: Can this committee save the world from bankers? 11/10/2010 7:45 AM
Navios Maritime Acquisition Corporation Reports Financial Results for the Three and Nine Months Ende... 11/10/2010 7:45 AM
Plastic tuna blocks French ministry in protest 11/10/2010 7:44 AM
GM reports $2B 3Q profit ahead of stock offering 11/10/2010 7:43 AM
EU needs €1 trillion investment in energy 11/10/2010 7:43 AM
Singapore Air to change oil-stained A380 engines 11/10/2010 7:41 AM
Rebounding NJ casino in line for 5-year license 11/10/2010 7:41 AM
Dubai eyes 'clean coal,' nuclear as power sources 11/10/2010 7:40 AM
Obama: Strong US economy key to global recovery 11/10/2010 7:38 AM
Obama calls on G20 leaders to do their part 11/10/2010 7:38 AM
Towers Watson says it will buy EMB 11/10/2010 7:34 AM
Singapore Airlines pulls 3 A380s due to engines 11/10/2010 7:34 AM
Cerus expects $19.7M in proceeds from offering 11/10/2010 7:32 AM
China hikes bank reserves in move to cool lending 11/10/2010 7:32 AM
Author Vet67to82     Date November 10, 2010 12:07 Abuse this post Report Abuse
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More top stories
How to ease back into the market
Cramer: Coal's spectacular run
Buyout rumors jolt Yahoo shares
New flash crashes haunt stocks
Oil slips as dollar strengthens
Ask.com admits it's not the answer
Chevron to buy Atlas Energy
GM sidelines Mr. Goodwrench
Playboy posts bigger loss
GE eyes Chinese investments
ETFs for a gold standard
Video: Precious metals rally

----------------------

10 best stocks for $5 or less
With the market up, bargains are harder to find, but a lot of great companies on the brink of turnarounds can still be had cheap.
By Michael Brush, MSN Money

- http://articles.moneycentral.msn.com/learn-how-to-invest/10-best-stocks-under-5-dollars.aspx?cp-documentid=26281643
Author Vet67to82     Date November 10, 2010 12:08 Abuse this post Report Abuse
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Direxion Daily Financial Bull 3X Shares (FAS)
Pre-Market: 24.35-0.14/-0.57% 8:04 AM ET-0.19/-0.57% Vol. 24,839

Direxion Daily Financial Bear 3X Shares (FAZ)
Pre-Market: 11.26+0.04/+0.36% 8:07 AM ET+0.08/+0.36% Vol. 9,100

Microsoft Corp (MSFT) After Hours: 26.95 unch/unch Vol. 1,700

General Electric Co (GE) After Hours: 16.65 +0.03/+0.18% Vol. 500
Author Vet67to82     Date November 10, 2010 12:18 Abuse this post Report Abuse
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Highly related info in

- November in Review

- October in Review

- September in Review

- August in Review

- July in Review

... see - http://www.peopleandpicks.com/blog/Vet67to82

Author Vet67to82     Date November 10, 2010 12:26 Abuse this post Report Abuse
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@-( 1) OurCall for the FASclose Wednesday, 11/10/2010 ...( stage1 projection )

Even if one is neither bullish nor bearish ... you'll see a HIGH for the day and a LOW for the day. The calculations below represent a guideline, not a pitch for Bulls, or a pitch for the Bears. Everyone is then free to watch day after day whether my posts represent an honest attempt to help ... and I hope I am helping.

Direxion Daily Financial Bull 3x Shares
Tuesday, 11/9/2010 ... FAS Close $24.49 -$1.41 -5.4440%
After Hours: $

-- Day's Lo2Hi: $24.13 - 26.20 and *52 week Lo2Hi: $17.05 - 39.74

FAS ... Bullish .... $25.29 ... or Bearish ... $23.63

-- YTD 115 UP days vs 101 DOWN days ( 2 dn days, Last 10 days: 6 up/4 dn )
-- November 2010 MTD -$0.22 and Nov 2010 % mtd -0.890%

note- when there is no change, day to day, in the closing prices, I will be counting "no change" days as "up" days
Author Vet67to82     Date November 10, 2010 12:30  Edited: November 10, 2010 by Vet67to82 Abuse this post Report Abuse
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@-( 2) OurCall for the DJIAclose Wednesday, 11/10/2010 ... ( stage1 projection ) ... be thee Bull, or Bear, ... or Neither
Tuesday, 11/9/2010 ... DJIA Close 11,346.75 -60.09 -0.5268

DJIA ... Bullish 11,422.77 (+0.67%) ... or Bearish 11,252.57 (-0.82%)**

---- YTD 124 UP days vs 92 DOWN days ( 2 dn days, Last 10 days: 6 up/4 dn )
---- November 2010 MTD +228.26 points; Nov2010 % mtd +2.053%

** Note previous posts and the Bearishness, while still greater than that projected for the Bulls, is shifting more often; the DJIA
Bearish percentage calculation declined from -- (-0.98%) to (-0.97%) to (-0.96%) to (-0.95%) to (-0.94%) and now (-0.82%)
Author Vet67to82     Date November 10, 2010 13:33 Abuse this post Report Abuse
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@-( 3) OurCall for the S&P500close Wednesday, 11/10/2010 ... ( stage1 projection ) ... be thee Bull or Bear ... or Neither
Tuesday, 11/9/2010 ... S&P 500 Close 1213.40 -9.85 (-0.81%)

S&P 500 .... Bullish 1,223.11 (+0.80%) ... or Bearish 1,202.60 (-0.88%)

---- YTD 121 UP days vs 95 DOWN days ( 2 dn days, Last 10 days: 6 up/4 dn )
---- Nov2010 MTD +30.14 points; Nov2010 % mtd +2.547%

** Note previous posts and the Bearishness, while still greater than that projected for the Bulls, is shifting more often; the S&P 500 Bearish percentage calculation declined from -- (-1.03%) to (-1.01%) and now (-0.88%)
Author Vet67to82     Date November 10, 2010 13:44 Abuse this post Report Abuse
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@-( 4) Nasdaq Comp Tuesday, 11/9/2010 -

Date ................. Open ......... High............ Low ......... Close
Nov 9, 2010 ... 2587.08, ... 2592.94, ... 2552.93, ... 2562.98 -17.07 (-0.66%)
Oct 29, 2010 ... 2,505.99 ...2,517.50 ... 2,505.86 ... 2,507.41
Sep 30, 2010 ...2,390.96... 2,400.06 ... 2,354.22 ... 2,368.62

November 2010 mtd gain (loss) off the Oct 29 close ........ +55.57 +2.216%
October 2010 mtd % gain (loss) off the Sep 30 close .....+138.79 + 5.8595%

Author Vet67to82     Date November 10, 2010 13:46 Abuse this post Report Abuse
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New flash crashes haunt stocks
Individual stocks are getting annihilated in computerized-trading errors. A sign of future disasters?
Posted by Kim Peterson Tuesday, November 09, 2010 2:50:22 PM

- http://articles.moneycentral.msn.com/Investing/top-stocks/blog.aspx?post=7c249f7b-6ff4-46ce-b9c4-b3f6ad065ef4

Author Vet67to82     Date November 10, 2010 13:59 Abuse this post Report Abuse
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Veteran's Day 11/11/2010

- http://www.peopleandpicks.com/blog/Vet67to82/3442495/

Author Vet67to82     Date November 10, 2010 14:01 Abuse this post Report Abuse
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Silver plunges on margin changes, gold also down

- http://www.marketwatch.com/story/silver-plunges-on-margin-changes-gold-also-down-2010-11-10
Author Vet67to82     Date November 10, 2010 14:09 Abuse this post Report Abuse
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Outside the Box

Nov. 10, 2010, 12:01 a.m. EST

Financials poised to gain
Commentary: Seven reasons to buy bank stocks now

- http://www.marketwatch.com/story/seven-reasons-to-buy-bank-stocks-now-2010-11-10

Author Vet67to82     Date November 10, 2010 14:32 Abuse this post Report Abuse
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As I previously posted:" Foreign countries, China and Germany, denounced proposals by the Federal Reserve to flood the US economy with cheap money. But the pace the FED has, both in progress and proposed, on buying bonds from banks, works out to $100 to 110 billion per month, The question no one is asking is: " Will the bank loan the monies into the economy ... or buy new bond issues?"

See:Monday, 11/8/2010 OurCall for the Close
- http://www.peopleandpicks.com/blog/Vet67to82/3441004/Monday-1182010--OurCall-for-the-Close/

Here, I believe the US Congress and Pres. Obama should "conference " with the FED, to look at communities where un-employment is the highest, and/or where local economies are the worst off and cross reference that with needed infrastructure, be it power generation, or bridge repair, maintenance and construction. Then get the FED to buy back bonds from banks in those areas, under written agreement to loan the monies into USA businesses looking to undertake the work and hire USA citizens.

Working people pay taxes, and will be able to house and feed themselves and their families, as well as pay their bills.

Jobs, jobs, jobs ...

Author Vet67to82     Date November 10, 2010 14:50 Abuse this post Report Abuse
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Lobbyists, Texas legislator testify in DeLay trial 11/10/2010 2:42 PM
Movers roundup: Dean Foods, BJ's Wholesale 11/10/2010 2:41 PM
Movers roundup: General Growth, Fossil 11/10/2010 2:39 PM
AP Source: UBS employee leaked info on GM IPO 11/10/2010 2:39 PM
Boeing delays more 787 test flights, shares drop 11/10/2010 2:35 PM
Jerry Brown's wife has key role — providing focus 11/10/2010 2:35 PM
Solutia stock jumps following 2011 profit outlook 11/10/2010 2:34 PM
IPO roundup: Noah Holdings, Ikaria 11/10/2010 2:34 PM
Report shows tobacco sales to Wis. minors drops 11/10/2010 2:33 PM
Boehner: No compromise so far on tax cuts for all 11/10/2010 2:32 PM
Ex-RI state senator pleads guilty to bank fraud 11/10/2010 2:32 PM
Halliburton plans big capex increase in 2011 11/10/2010 2:31 PM
Bacterial disease confirmed in cows in N. Wyoming 11/10/2010 2:30 PM
Clinton criticizes Israeli expanded building plan 11/10/2010 2:30 PM
Window shades, blinds recalled after boy's death 11/10/2010 2:29 PM
Wall Street falls as dollar, euro zone debt weigh 11/10/2010 2:29 PM
Diana Shipping inks contract for dry bulk carrier 11/10/2010 2:27 PM
Oil inventories fall; natural gas supplies gain 11/10/2010 2:27 PM
Madoff property on auction includes his tiny bull 11/10/2010 2:27 PM
Lou Dobbs signs with Fox Business Network 11/10/2010 2:26 PM
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