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US stocks advance for fifth day.. ."the economy is...

Author Message
...
Posted: Sat Nov 07, 2009 1:54 am
Guest
I'm sorry to rain on Kenny and the other loonie's parades, but it would
appear ( to any sane analyst) that the economy IS picking up.

=================

US stocks advance for fifth day
November 7, 2009 - 12:22PM

US stocks gained, overcoming the first unemployment rate exceeding 10 per
cent since 1983, as analyst upgrades of General Electric and Macy's helped
spur optimism that the economy is recovering. Gold reached a record above
$US1,100 an ounce.

GE gained the most in the Dow Jones Industrial Average, surging 6.2 per cent
as analysts said risks to its finance unit have diminished. Macy's 6.4 per
cent after JPMorgan Chase said the second-biggest US department store chain
probably beat analysts' third-quarter profit estimates. The Standard &
Poor's 500 Index rebounded from a 0.7 per cent drop after the government
said companies cut 190,000 jobs last month.

The S&P 500 climbed 0.3 per cent to 1,069.30 at 4 p.m. in New York and added
3.2 per cent this week after rising every day. The Dow added 17.46 points,
or 0.2 per cent, to 10,023.42. The Nasdaq Composite Index added 7.12 points,
or 0.34 percent, to close at 2,112.44.


Oil fell 2.8 per cent to $US77.43 a barrel in New York. Gold jumped to a
record $US1,101.90 an ounce in New York, and 10-year Treasuries rose,
sending yields down 0.03 percentage point to 3.50 per cent.

``Stocks rising in the face of the unemployment data is a recognition that
we're probably close to the peak in that number,'' said Mark Bronzo, a money
manager at Security Global Investors, which oversees $US21 billion in
Irvington, New York. ``It's a bad number, but people are thinking it may not
get a lot worse.''


58% surge, $US11.6 trillion

The S&P 500 has soared 58 per cent from a 12-year low in March after $US11.6
trillion in government spending, lending and guarantees returned the economy
to growth following a year of contraction. The benchmark index for US stocks
posted its first monthly decline since February in October as decreases in
consumer confidence and spending raised concern over the durability of the
economic recovery.

GE rose 6.2 per cent, the most since Sept. 16, to $US15.33. Analysts from
Sanford C. Bernstein & Co. and Oppenheimer & Co. raised their ratings and
share-price estimates for the owner of NBC Universal and GE Capital.

``The risk/reward balance has improved enough to warrant a more positive
stance,'' Bernstein's Steven Winoker wrote in a note to clients.

Macy's led a measure of retailers in the S&P 500 to a 1.7 per cent advance,
the second-best performance among 24 industries. JPMorgan analysts boosted
the company's rating to ``overweight'' from ``neutral.''

Amazon, gold

Amazon.com Inc. added 4.6 per cent to $US126.20. The largest Internet
retailer was raised to ``outperform'' from ``market perform'' at Sanford C.
Bernstein, which also raised its price estimate for the company to $US160 a
share. Amazon will see ``revenue re-acceleration,'' improved operating
margins and increased free cash flow, analysts led by Jeffrey Lindsay wrote
in a note today.

Lowe's Cos. rose 4.3 per cent to $US20.94 and Home Depot Inc. added 1.8 per
cent to $US26.08 after both companies were raised to ``buy'' from
``underperform'' at Bank of America Corp.

Gold rose as high as $US1,101.90 an ounce, heading for a ninth straight
annual gain, as investors seek to protect their wealth from the threat of
inflation and the debasement of the US currency.

American International Group Inc. tumbled 9.7 per cent to $US35.48, driving
financial stocks to the steepest decline among 10 industries in the S&P 500.
The insurer bailed out by the US government posted sales declines at its
property-casualty and life insurance divisions.

Slot machines

International Game Technology rose the most in the S&P 500, adding 8.7 per
cent to $US20.18. The world's biggest maker of slot machines posted profit
excluding some items of 20 cents a share in the fiscal fourth quarter,
beating the average analyst estimate by 23 per cent, according to Bloomberg
data.

Earnings have exceeded the average analyst estimate for 83 per cent of the
S&P 500 companies that have reported third- quarter results since Oct. 7,
according to data compiled by Bloomberg. That would mark the highest
full-quarter proportion in data going back to 1993.

Energy stocks in the S&P 500 lost 0.2 per cent as oil and natural gas
dropped. Gas for December delivery lost 3.9 per cent to $US4.595 per million
British thermal units.

``Energy demand is going to be muted with lower industrial activity and
consumers driving less, etc., etc.,'' said Jeffrey Schappe, who helps manage
$US17 billion as chief investment officer at BB&T Asset Management Inc. in
Raleigh, North Carolina.

Slumping demand

Sunoco Inc. led declines in energy stocks, dropping 9.4 per cent to $US28.21
for the second-biggest drop in the S&P 500. The largest refiner in the US
northeast reported a third- quarter loss after slumping fuel demand prompted
the company to cut rates on processing units, idle a refinery and scale back
its pension program. Tesoro Corp. lost 5 per cent to $US13.97.

Dynegy Inc., the Houston-based power producer that climbed the most since
Aug. 10 yesterday, fell 5.9 per cent to $US1.93.

The Reuters/Jefferies CRB Index of raw materials including grains, energy
and precious metals fell for a second day, losing 1.8 per cent. The Dollar
Index, a six-currency gauge of the greenback's strength, rose 0.1 per cent
to 75.777 at 4:41 p.m. in New York.

Nvidia Corp. added 7.3 per cent to $US13.16. The maker of graphics chips
reported third-quarter profit excluding some items of 19 cents a share,
beating the 10-cent average of analyst estimates compiled by Bloomberg.

Treasuries rose, reinforcing expectations the Federal Reserve won't raise
interest rates for an extended period. Yields on the two-year note, most
sensitive to rate changes, fell to 0.8321 per cent, the lowest since May 21.

``People are snapping up Treasuries,'' said Peter Jankovskis, who helps
manage about $US1.5 billion as co-chief investment officer at Oakbrook
Investments in Lisle, Illinois. The Treasury will sell $US81 billion of
notes and bonds next week.

The Chicago Board Options Exchange, a measure of stock- market volatility
known as Wall Street's fear gauge, dropped for a fifth straight day. The
VIX, as the benchmark for US stock options is known, lost 4.9 per cent to
24.19 as investors paid less for protection against declines in equities.

Bloomberg News
 
The_Carpathia...
Posted: Sat Nov 07, 2009 1:54 am
Guest
On Nov 7, 3:52 am, "Escape_the_Cult_Now" <killef... at (no spam) invalid.invalid>
wrote:
Quote:
Gee, I wonder why GE would be gaining?  Try reading the news.  They've been
paid off by the corrupt Dumbocrats.  It's all over the news.

.... tHe_PC_JelLlLy BeAn!! .! !!! .> wrote in messagenews:38vrba.kvt.17.2 at (no spam) news.alt.net...

I'm sorry to rain on Kenny and the other loonie's parades, but it would
appear ( to any sane analyst) that the economy IS picking up.

================
US stocks advance for fifth day
November 7, 2009 - 12:22PM

US stocks gained, overcoming the first unemployment rate exceeding 10 per
cent since 1983, as analyst upgrades of General Electric and Macy's helped
spur optimism that the economy is recovering. Gold reached a record above
$US1,100 an ounce.

GE gained the most in the Dow Jones Industrial Average, surging 6.2 per
cent as analysts said risks to its finance unit have diminished. Macy's
6.4 per cent after JPMorgan Chase said the second-biggest US department
store chain probably beat analysts' third-quarter profit estimates. The
Standard & Poor's 500 Index rebounded from a 0.7 per cent drop after the
government said companies cut 190,000 jobs last month.

The S&P 500 climbed 0.3 per cent to 1,069.30 at 4 p.m. in New York and
added 3.2 per cent this week after rising every day. The Dow added 17.46
points, or 0.2 per cent, to 10,023.42. The Nasdaq Composite Index added
7.12 points, or 0.34 percent, to close at 2,112.44.

Oil fell 2.8 per cent to $US77.43 a barrel in New York. Gold jumped to a
record $US1,101.90 an ounce in New York, and 10-year Treasuries rose,
sending yields down 0.03 percentage point to 3.50 per cent.

``Stocks rising in the face of the unemployment data is a recognition that
we're probably close to the peak in that number,'' said Mark Bronzo, a
money manager at Security Global Investors, which oversees $US21 billion
in Irvington, New York. ``It's a bad number, but people are thinking it
may not get a lot worse.''

58% surge, $US11.6 trillion

The S&P 500 has soared 58 per cent from a 12-year low in March after
$US11.6 trillion in government spending, lending and guarantees returned
the economy to growth following a year of contraction. The benchmark index
for US stocks posted its first monthly decline since February in October
as decreases in consumer confidence and spending raised concern over the
durability of the economic recovery.

GE rose 6.2 per cent, the most since Sept. 16, to $US15.33. Analysts from
Sanford C. Bernstein & Co. and Oppenheimer & Co. raised their ratings and
share-price estimates for the owner of NBC Universal and GE Capital.

``The risk/reward balance has improved enough to warrant a more positive
stance,'' Bernstein's Steven Winoker wrote in a note to clients.

Macy's led a measure of retailers in the S&P 500 to a 1.7 per cent
advance, the second-best performance among 24 industries. JPMorgan
analysts boosted the company's rating to ``overweight'' from ``neutral.''

Amazon, gold

Amazon.com Inc. added 4.6 per cent to $US126.20. The largest Internet
retailer was raised to ``outperform'' from ``market perform'' at Sanford
C. Bernstein, which also raised its price estimate for the company to
$US160 a share. Amazon will see ``revenue re-acceleration,'' improved
operating margins and increased free cash flow, analysts led by Jeffrey
Lindsay wrote in a note today.

Lowe's Cos. rose 4.3 per cent to $US20.94 and Home Depot Inc. added 1.8
per cent to $US26.08 after both companies were raised to ``buy'' from
``underperform'' at Bank of America Corp.

Gold rose as high as $US1,101.90 an ounce, heading for a ninth straight
annual gain, as investors seek to protect their wealth from the threat of
inflation and the debasement of the US currency.

American International Group Inc. tumbled 9.7 per cent to $US35.48,
driving financial stocks to the steepest decline among 10 industries in
the S&P 500. The insurer bailed out by the US government posted sales
declines at its property-casualty and life insurance divisions.

Slot machines

International Game Technology rose the most in the S&P 500, adding 8.7 per
cent to $US20.18. The world's biggest maker of slot machines posted profit
excluding some items of 20 cents a share in the fiscal fourth quarter,
beating the average analyst estimate by 23 per cent, according to
Bloomberg data.

Earnings have exceeded the average analyst estimate for 83 per cent of the
S&P 500 companies that have reported third- quarter results since Oct. 7,
according to data compiled by Bloomberg. That would mark the highest
full-quarter proportion in data going back to 1993.

Energy stocks in the S&P 500 lost 0.2 per cent as oil and natural gas
dropped. Gas for December delivery lost 3.9 per cent to $US4.595 per
million British thermal units.

``Energy demand is going to be muted with lower industrial activity and
consumers driving less, etc., etc.,'' said Jeffrey Schappe, who helps
manage $US17 billion as chief investment officer at BB&T Asset Management
Inc. in Raleigh, North Carolina.

Slumping demand

Sunoco Inc. led declines in energy stocks, dropping 9.4 per cent to
$US28.21 for the second-biggest drop in the S&P 500. The largest refiner
in the US northeast reported a third- quarter loss after slumping fuel
demand prompted the company to cut rates on processing units, idle a
refinery and scale back its pension program. Tesoro Corp. lost 5 per cent
to $US13.97.

Dynegy Inc., the Houston-based power producer that climbed the most since
Aug. 10 yesterday, fell 5.9 per cent to $US1.93.

The Reuters/Jefferies CRB Index of raw materials including grains, energy
and precious metals fell for a second day, losing 1.8 per cent. The Dollar
Index, a six-currency gauge of the greenback's strength, rose 0.1 per cent
to 75.777 at 4:41 p.m. in New York.

Nvidia Corp. added 7.3 per cent to $US13.16. The maker of graphics chips
reported third-quarter profit excluding some items of 19 cents a share,
beating the 10-cent average of analyst estimates compiled by Bloomberg.

Treasuries rose, reinforcing expectations the Federal Reserve won't raise
interest rates for an extended period. Yields on the two-year note, most
sensitive to rate changes, fell to 0.8321 per cent, the lowest since May
21.

``People are snapping up Treasuries,'' said Peter Jankovskis, who helps
manage about $US1.5 billion as co-chief investment officer at Oakbrook
Investments in Lisle, Illinois. The Treasury will sell $US81 billion of
notes and bonds next week.

The Chicago Board Options Exchange, a measure of stock- market volatility
known as Wall Street's fear gauge, dropped for a fifth straight day. The
VIX, as the benchmark for US stock options is known, lost 4.9 per cent to
24.19 as investors paid less for protection against declines in equities.

Bloomberg News

And speaking about fraud mode, did you know that the government is
EXPLICITLY involved in fraud with AIG? Their stock price was jacked
up in what they call a "reverse stock split"...this means that if you
look at the historicals, it gives false information about what the
stock's value used to be in order to make it appear higher, now.

Kenneth W Clifton
 
Escape_the_Cult_Now...
Posted: Sat Nov 07, 2009 3:52 am
Guest
Gee, I wonder why GE would be gaining? Try reading the news. They've been
paid off by the corrupt Dumbocrats. It's all over the news.


<.... tHe_PC_JelLlLy BeAn!! .! !!! .> wrote in message
news:38vrba.kvt.17.2 at (no spam) news.alt.net...
Quote:
I'm sorry to rain on Kenny and the other loonie's parades, but it would
appear ( to any sane analyst) that the economy IS picking up.

=================

US stocks advance for fifth day
November 7, 2009 - 12:22PM

US stocks gained, overcoming the first unemployment rate exceeding 10 per
cent since 1983, as analyst upgrades of General Electric and Macy's helped
spur optimism that the economy is recovering. Gold reached a record above
$US1,100 an ounce.

GE gained the most in the Dow Jones Industrial Average, surging 6.2 per
cent as analysts said risks to its finance unit have diminished. Macy's
6.4 per cent after JPMorgan Chase said the second-biggest US department
store chain probably beat analysts' third-quarter profit estimates. The
Standard & Poor's 500 Index rebounded from a 0.7 per cent drop after the
government said companies cut 190,000 jobs last month.

The S&P 500 climbed 0.3 per cent to 1,069.30 at 4 p.m. in New York and
added 3.2 per cent this week after rising every day. The Dow added 17.46
points, or 0.2 per cent, to 10,023.42. The Nasdaq Composite Index added
7.12 points, or 0.34 percent, to close at 2,112.44.


Oil fell 2.8 per cent to $US77.43 a barrel in New York. Gold jumped to a
record $US1,101.90 an ounce in New York, and 10-year Treasuries rose,
sending yields down 0.03 percentage point to 3.50 per cent.

``Stocks rising in the face of the unemployment data is a recognition that
we're probably close to the peak in that number,'' said Mark Bronzo, a
money manager at Security Global Investors, which oversees $US21 billion
in Irvington, New York. ``It's a bad number, but people are thinking it
may not get a lot worse.''


58% surge, $US11.6 trillion

The S&P 500 has soared 58 per cent from a 12-year low in March after
$US11.6 trillion in government spending, lending and guarantees returned
the economy to growth following a year of contraction. The benchmark index
for US stocks posted its first monthly decline since February in October
as decreases in consumer confidence and spending raised concern over the
durability of the economic recovery.

GE rose 6.2 per cent, the most since Sept. 16, to $US15.33. Analysts from
Sanford C. Bernstein & Co. and Oppenheimer & Co. raised their ratings and
share-price estimates for the owner of NBC Universal and GE Capital.

``The risk/reward balance has improved enough to warrant a more positive
stance,'' Bernstein's Steven Winoker wrote in a note to clients.

Macy's led a measure of retailers in the S&P 500 to a 1.7 per cent
advance, the second-best performance among 24 industries. JPMorgan
analysts boosted the company's rating to ``overweight'' from ``neutral.''

Amazon, gold

Amazon.com Inc. added 4.6 per cent to $US126.20. The largest Internet
retailer was raised to ``outperform'' from ``market perform'' at Sanford
C. Bernstein, which also raised its price estimate for the company to
$US160 a share. Amazon will see ``revenue re-acceleration,'' improved
operating margins and increased free cash flow, analysts led by Jeffrey
Lindsay wrote in a note today.

Lowe's Cos. rose 4.3 per cent to $US20.94 and Home Depot Inc. added 1.8
per cent to $US26.08 after both companies were raised to ``buy'' from
``underperform'' at Bank of America Corp.

Gold rose as high as $US1,101.90 an ounce, heading for a ninth straight
annual gain, as investors seek to protect their wealth from the threat of
inflation and the debasement of the US currency.

American International Group Inc. tumbled 9.7 per cent to $US35.48,
driving financial stocks to the steepest decline among 10 industries in
the S&P 500. The insurer bailed out by the US government posted sales
declines at its property-casualty and life insurance divisions.

Slot machines

International Game Technology rose the most in the S&P 500, adding 8.7 per
cent to $US20.18. The world's biggest maker of slot machines posted profit
excluding some items of 20 cents a share in the fiscal fourth quarter,
beating the average analyst estimate by 23 per cent, according to
Bloomberg data.

Earnings have exceeded the average analyst estimate for 83 per cent of the
S&P 500 companies that have reported third- quarter results since Oct. 7,
according to data compiled by Bloomberg. That would mark the highest
full-quarter proportion in data going back to 1993.

Energy stocks in the S&P 500 lost 0.2 per cent as oil and natural gas
dropped. Gas for December delivery lost 3.9 per cent to $US4.595 per
million British thermal units.

``Energy demand is going to be muted with lower industrial activity and
consumers driving less, etc., etc.,'' said Jeffrey Schappe, who helps
manage $US17 billion as chief investment officer at BB&T Asset Management
Inc. in Raleigh, North Carolina.

Slumping demand

Sunoco Inc. led declines in energy stocks, dropping 9.4 per cent to
$US28.21 for the second-biggest drop in the S&P 500. The largest refiner
in the US northeast reported a third- quarter loss after slumping fuel
demand prompted the company to cut rates on processing units, idle a
refinery and scale back its pension program. Tesoro Corp. lost 5 per cent
to $US13.97.

Dynegy Inc., the Houston-based power producer that climbed the most since
Aug. 10 yesterday, fell 5.9 per cent to $US1.93.

The Reuters/Jefferies CRB Index of raw materials including grains, energy
and precious metals fell for a second day, losing 1.8 per cent. The Dollar
Index, a six-currency gauge of the greenback's strength, rose 0.1 per cent
to 75.777 at 4:41 p.m. in New York.

Nvidia Corp. added 7.3 per cent to $US13.16. The maker of graphics chips
reported third-quarter profit excluding some items of 19 cents a share,
beating the 10-cent average of analyst estimates compiled by Bloomberg.

Treasuries rose, reinforcing expectations the Federal Reserve won't raise
interest rates for an extended period. Yields on the two-year note, most
sensitive to rate changes, fell to 0.8321 per cent, the lowest since May
21.

``People are snapping up Treasuries,'' said Peter Jankovskis, who helps
manage about $US1.5 billion as co-chief investment officer at Oakbrook
Investments in Lisle, Illinois. The Treasury will sell $US81 billion of
notes and bonds next week.

The Chicago Board Options Exchange, a measure of stock- market volatility
known as Wall Street's fear gauge, dropped for a fifth straight day. The
VIX, as the benchmark for US stock options is known, lost 4.9 per cent to
24.19 as investors paid less for protection against declines in equities.

Bloomberg News
 
Stile4aly...
Posted: Sat Nov 07, 2009 7:50 am
Guest
On Nov 7, 4:13 am, The_Carpathia <writing... at (no spam) yahoo.com> wrote:
Quote:
On Nov 7, 3:52 am, "Escape_the_Cult_Now" <killef... at (no spam) invalid.invalid
wrote:



Gee, I wonder why GE would be gaining?  Try reading the news.  They've been
paid off by the corrupt Dumbocrats.  It's all over the news.

.... tHe_PC_JelLlLy BeAn!! .! !!! .> wrote in messagenews:38vrba.kvt.17.2 at (no spam) news.alt.net...

I'm sorry to rain on Kenny and the other loonie's parades, but it would
appear ( to any sane analyst) that the economy IS picking up.

================
US stocks advance for fifth day
November 7, 2009 - 12:22PM

US stocks gained, overcoming the first unemployment rate exceeding 10 per
cent since 1983, as analyst upgrades of General Electric and Macy's helped
spur optimism that the economy is recovering. Gold reached a record above
$US1,100 an ounce.

GE gained the most in the Dow Jones Industrial Average, surging 6.2 per
cent as analysts said risks to its finance unit have diminished. Macy's
6.4 per cent after JPMorgan Chase said the second-biggest US department
store chain probably beat analysts' third-quarter profit estimates. The
Standard & Poor's 500 Index rebounded from a 0.7 per cent drop after the
government said companies cut 190,000 jobs last month.

The S&P 500 climbed 0.3 per cent to 1,069.30 at 4 p.m. in New York and
added 3.2 per cent this week after rising every day. The Dow added 17..46
points, or 0.2 per cent, to 10,023.42. The Nasdaq Composite Index added
7.12 points, or 0.34 percent, to close at 2,112.44.

Oil fell 2.8 per cent to $US77.43 a barrel in New York. Gold jumped to a
record $US1,101.90 an ounce in New York, and 10-year Treasuries rose,
sending yields down 0.03 percentage point to 3.50 per cent.

``Stocks rising in the face of the unemployment data is a recognition that
we're probably close to the peak in that number,'' said Mark Bronzo, a
money manager at Security Global Investors, which oversees $US21 billion
in Irvington, New York. ``It's a bad number, but people are thinking it
may not get a lot worse.''

58% surge, $US11.6 trillion

The S&P 500 has soared 58 per cent from a 12-year low in March after
$US11.6 trillion in government spending, lending and guarantees returned
the economy to growth following a year of contraction. The benchmark index
for US stocks posted its first monthly decline since February in October
as decreases in consumer confidence and spending raised concern over the
durability of the economic recovery.

GE rose 6.2 per cent, the most since Sept. 16, to $US15.33. Analysts from
Sanford C. Bernstein & Co. and Oppenheimer & Co. raised their ratings and
share-price estimates for the owner of NBC Universal and GE Capital.

``The risk/reward balance has improved enough to warrant a more positive
stance,'' Bernstein's Steven Winoker wrote in a note to clients.

Macy's led a measure of retailers in the S&P 500 to a 1.7 per cent
advance, the second-best performance among 24 industries. JPMorgan
analysts boosted the company's rating to ``overweight'' from ``neutral.''

Amazon, gold

Amazon.com Inc. added 4.6 per cent to $US126.20. The largest Internet
retailer was raised to ``outperform'' from ``market perform'' at Sanford
C. Bernstein, which also raised its price estimate for the company to
$US160 a share. Amazon will see ``revenue re-acceleration,'' improved
operating margins and increased free cash flow, analysts led by Jeffrey
Lindsay wrote in a note today.

Lowe's Cos. rose 4.3 per cent to $US20.94 and Home Depot Inc. added 1..8
per cent to $US26.08 after both companies were raised to ``buy'' from
``underperform'' at Bank of America Corp.

Gold rose as high as $US1,101.90 an ounce, heading for a ninth straight
annual gain, as investors seek to protect their wealth from the threat of
inflation and the debasement of the US currency.

American International Group Inc. tumbled 9.7 per cent to $US35.48,
driving financial stocks to the steepest decline among 10 industries in
the S&P 500. The insurer bailed out by the US government posted sales
declines at its property-casualty and life insurance divisions.

Slot machines

International Game Technology rose the most in the S&P 500, adding 8.7 per
cent to $US20.18. The world's biggest maker of slot machines posted profit
excluding some items of 20 cents a share in the fiscal fourth quarter,
beating the average analyst estimate by 23 per cent, according to
Bloomberg data.

Earnings have exceeded the average analyst estimate for 83 per cent of the
S&P 500 companies that have reported third- quarter results since Oct.. 7,
according to data compiled by Bloomberg. That would mark the highest
full-quarter proportion in data going back to 1993.

Energy stocks in the S&P 500 lost 0.2 per cent as oil and natural gas
dropped. Gas for December delivery lost 3.9 per cent to $US4.595 per
million British thermal units.

``Energy demand is going to be muted with lower industrial activity and
consumers driving less, etc., etc.,'' said Jeffrey Schappe, who helps
manage $US17 billion as chief investment officer at BB&T Asset Management
Inc. in Raleigh, North Carolina.

Slumping demand

Sunoco Inc. led declines in energy stocks, dropping 9.4 per cent to
$US28.21 for the second-biggest drop in the S&P 500. The largest refiner
in the US northeast reported a third- quarter loss after slumping fuel
demand prompted the company to cut rates on processing units, idle a
refinery and scale back its pension program. Tesoro Corp. lost 5 per cent
to $US13.97.

Dynegy Inc., the Houston-based power producer that climbed the most since
Aug. 10 yesterday, fell 5.9 per cent to $US1.93.

The Reuters/Jefferies CRB Index of raw materials including grains, energy
and precious metals fell for a second day, losing 1.8 per cent. The Dollar
Index, a six-currency gauge of the greenback's strength, rose 0.1 per cent
to 75.777 at 4:41 p.m. in New York.

Nvidia Corp. added 7.3 per cent to $US13.16. The maker of graphics chips
reported third-quarter profit excluding some items of 19 cents a share,
beating the 10-cent average of analyst estimates compiled by Bloomberg.

Treasuries rose, reinforcing expectations the Federal Reserve won't raise
interest rates for an extended period. Yields on the two-year note, most
sensitive to rate changes, fell to 0.8321 per cent, the lowest since May
21.

``People are snapping up Treasuries,'' said Peter Jankovskis, who helps
manage about $US1.5 billion as co-chief investment officer at Oakbrook
Investments in Lisle, Illinois. The Treasury will sell $US81 billion of
notes and bonds next week.

The Chicago Board Options Exchange, a measure of stock- market volatility
known as Wall Street's fear gauge, dropped for a fifth straight day. The
VIX, as the benchmark for US stock options is known, lost 4.9 per cent to
24.19 as investors paid less for protection against declines in equities.

Bloomberg News

And speaking about fraud mode, did you know that the government is
EXPLICITLY involved in fraud with AIG?  Their stock price was jacked
up in what they call a "reverse stock split"...this means that if you
look at the historicals, it gives false information about what the
stock's value used to be in order to make it appear higher, now.

Kenneth W Clifton

A reverse split is not an uncommon event when a stock has become
severely devalued. The pupose is not to fake people out when looking
at the historical data as even the most basic due diligence would show
that a reverse split has happened. Keep in mind that a reverse split
doesn't change the stock's value. The stock's worth twice as much,
but you only have half as much. They company's market cap is
unchanged.
 
The_Carpathia...
Posted: Sat Nov 07, 2009 10:45 am
Guest
On Nov 7, 12:50 pm, Stile4aly <stile4... at (no spam) yahoo.com> wrote:
Quote:
On Nov 7, 4:13 am, The_Carpathia <writing... at (no spam) yahoo.com> wrote:



On Nov 7, 3:52 am, "Escape_the_Cult_Now" <killef... at (no spam) invalid.invalid
wrote:

Gee, I wonder why GE would be gaining?  Try reading the news.  They've been
paid off by the corrupt Dumbocrats.  It's all over the news.

.... tHe_PC_JelLlLy BeAn!! .! !!! .> wrote in messagenews:38vrba.kvt..17.2 at (no spam) news.alt.net...

I'm sorry to rain on Kenny and the other loonie's parades, but it would
appear ( to any sane analyst) that the economy IS picking up.

================
US stocks advance for fifth day
November 7, 2009 - 12:22PM

US stocks gained, overcoming the first unemployment rate exceeding 10 per
cent since 1983, as analyst upgrades of General Electric and Macy's helped
spur optimism that the economy is recovering. Gold reached a record above
$US1,100 an ounce.

GE gained the most in the Dow Jones Industrial Average, surging 6.2 per
cent as analysts said risks to its finance unit have diminished. Macy's
6.4 per cent after JPMorgan Chase said the second-biggest US department
store chain probably beat analysts' third-quarter profit estimates. The
Standard & Poor's 500 Index rebounded from a 0.7 per cent drop after the
government said companies cut 190,000 jobs last month.

The S&P 500 climbed 0.3 per cent to 1,069.30 at 4 p.m. in New York and
added 3.2 per cent this week after rising every day. The Dow added 17.46
points, or 0.2 per cent, to 10,023.42. The Nasdaq Composite Index added
7.12 points, or 0.34 percent, to close at 2,112.44.

Oil fell 2.8 per cent to $US77.43 a barrel in New York. Gold jumped to a
record $US1,101.90 an ounce in New York, and 10-year Treasuries rose,
sending yields down 0.03 percentage point to 3.50 per cent.

``Stocks rising in the face of the unemployment data is a recognition that
we're probably close to the peak in that number,'' said Mark Bronzo, a
money manager at Security Global Investors, which oversees $US21 billion
in Irvington, New York. ``It's a bad number, but people are thinking it
may not get a lot worse.''

58% surge, $US11.6 trillion

The S&P 500 has soared 58 per cent from a 12-year low in March after
$US11.6 trillion in government spending, lending and guarantees returned
the economy to growth following a year of contraction. The benchmark index
for US stocks posted its first monthly decline since February in October
as decreases in consumer confidence and spending raised concern over the
durability of the economic recovery.

GE rose 6.2 per cent, the most since Sept. 16, to $US15.33. Analysts from
Sanford C. Bernstein & Co. and Oppenheimer & Co. raised their ratings and
share-price estimates for the owner of NBC Universal and GE Capital..

``The risk/reward balance has improved enough to warrant a more positive
stance,'' Bernstein's Steven Winoker wrote in a note to clients.

Macy's led a measure of retailers in the S&P 500 to a 1.7 per cent
advance, the second-best performance among 24 industries. JPMorgan
analysts boosted the company's rating to ``overweight'' from ``neutral.''

Amazon, gold

Amazon.com Inc. added 4.6 per cent to $US126.20. The largest Internet
retailer was raised to ``outperform'' from ``market perform'' at Sanford
C. Bernstein, which also raised its price estimate for the company to
$US160 a share. Amazon will see ``revenue re-acceleration,'' improved
operating margins and increased free cash flow, analysts led by Jeffrey
Lindsay wrote in a note today.

Lowe's Cos. rose 4.3 per cent to $US20.94 and Home Depot Inc. added 1.8
per cent to $US26.08 after both companies were raised to ``buy'' from
``underperform'' at Bank of America Corp.

Gold rose as high as $US1,101.90 an ounce, heading for a ninth straight
annual gain, as investors seek to protect their wealth from the threat of
inflation and the debasement of the US currency.

American International Group Inc. tumbled 9.7 per cent to $US35.48,
driving financial stocks to the steepest decline among 10 industries in
the S&P 500. The insurer bailed out by the US government posted sales
declines at its property-casualty and life insurance divisions.

Slot machines

International Game Technology rose the most in the S&P 500, adding 8.7 per
cent to $US20.18. The world's biggest maker of slot machines posted profit
excluding some items of 20 cents a share in the fiscal fourth quarter,
beating the average analyst estimate by 23 per cent, according to
Bloomberg data.

Earnings have exceeded the average analyst estimate for 83 per cent of the
S&P 500 companies that have reported third- quarter results since Oct. 7,
according to data compiled by Bloomberg. That would mark the highest
full-quarter proportion in data going back to 1993.

Energy stocks in the S&P 500 lost 0.2 per cent as oil and natural gas
dropped. Gas for December delivery lost 3.9 per cent to $US4.595 per
million British thermal units.

``Energy demand is going to be muted with lower industrial activity and
consumers driving less, etc., etc.,'' said Jeffrey Schappe, who helps
manage $US17 billion as chief investment officer at BB&T Asset Management
Inc. in Raleigh, North Carolina.

Slumping demand

Sunoco Inc. led declines in energy stocks, dropping 9.4 per cent to
$US28.21 for the second-biggest drop in the S&P 500. The largest refiner
in the US northeast reported a third- quarter loss after slumping fuel
demand prompted the company to cut rates on processing units, idle a
refinery and scale back its pension program. Tesoro Corp. lost 5 per cent
to $US13.97.

Dynegy Inc., the Houston-based power producer that climbed the most since
Aug. 10 yesterday, fell 5.9 per cent to $US1.93.

The Reuters/Jefferies CRB Index of raw materials including grains, energy
and precious metals fell for a second day, losing 1.8 per cent. The Dollar
Index, a six-currency gauge of the greenback's strength, rose 0.1 per cent
to 75.777 at 4:41 p.m. in New York.

Nvidia Corp. added 7.3 per cent to $US13.16. The maker of graphics chips
reported third-quarter profit excluding some items of 19 cents a share,
beating the 10-cent average of analyst estimates compiled by Bloomberg.

Treasuries rose, reinforcing expectations the Federal Reserve won't raise
interest rates for an extended period. Yields on the two-year note, most
sensitive to rate changes, fell to 0.8321 per cent, the lowest since May
21.

``People are snapping up Treasuries,'' said Peter Jankovskis, who helps
manage about $US1.5 billion as co-chief investment officer at Oakbrook
Investments in Lisle, Illinois. The Treasury will sell $US81 billion of
notes and bonds next week.

The Chicago Board Options Exchange, a measure of stock- market volatility
known as Wall Street's fear gauge, dropped for a fifth straight day.. The
VIX, as the benchmark for US stock options is known, lost 4.9 per cent to
24.19 as investors paid less for protection against declines in equities.

Bloomberg News

And speaking about fraud mode, did you know that the government is
EXPLICITLY involved in fraud with AIG?  Their stock price was jacked
up in what they call a "reverse stock split"...this means that if you
look at the historicals, it gives false information about what the
stock's value used to be in order to make it appear higher, now.

Kenneth W Clifton

A reverse split is not an uncommon event when a stock has become
severely devalued. The pupose is not to fake people out when looking
at the historical data as even the most basic due diligence would show
that a reverse split has happened.  Keep in mind that a reverse split
doesn't change the stock's value.  The stock's worth twice as much,
but you only have half as much.  They company's market cap is
unchanged.

FRAUD is the intentional misrepresentation to deceive investors or
other parties. By this reverse stock split, people think the stock is
better than it actually happens to be. No one can tell from looking
at the historicals that it was threatened with delisting for being
under a dollar. If this data isn't disclosed, it deceives the
investors ON PURPOSE. That's why they did it. If not, you tell ME
why they did it.

Kenneth W Clifton
 
Stile4aly...
Posted: Sat Nov 07, 2009 11:32 am
Guest
On Nov 7, 12:45 pm, The_Carpathia <writing... at (no spam) yahoo.com> wrote:
Quote:
On Nov 7, 12:50 pm, Stile4aly <stile4... at (no spam) yahoo.com> wrote:



On Nov 7, 4:13 am, The_Carpathia <writing... at (no spam) yahoo.com> wrote:

On Nov 7, 3:52 am, "Escape_the_Cult_Now" <killef... at (no spam) invalid.invalid
wrote:

Gee, I wonder why GE would be gaining?  Try reading the news.  They've been
paid off by the corrupt Dumbocrats.  It's all over the news.

.... tHe_PC_JelLlLy BeAn!! .! !!! .> wrote in messagenews:38vrba.kvt.17.2 at (no spam) news.alt.net...

I'm sorry to rain on Kenny and the other loonie's parades, but it would
appear ( to any sane analyst) that the economy IS picking up.

================
US stocks advance for fifth day
November 7, 2009 - 12:22PM

US stocks gained, overcoming the first unemployment rate exceeding 10 per
cent since 1983, as analyst upgrades of General Electric and Macy's helped
spur optimism that the economy is recovering. Gold reached a record above
$US1,100 an ounce.

GE gained the most in the Dow Jones Industrial Average, surging 6..2 per
cent as analysts said risks to its finance unit have diminished. Macy's
6.4 per cent after JPMorgan Chase said the second-biggest US department
store chain probably beat analysts' third-quarter profit estimates. The
Standard & Poor's 500 Index rebounded from a 0.7 per cent drop after the
government said companies cut 190,000 jobs last month.

The S&P 500 climbed 0.3 per cent to 1,069.30 at 4 p.m. in New York and
added 3.2 per cent this week after rising every day. The Dow added 17.46
points, or 0.2 per cent, to 10,023.42. The Nasdaq Composite Index added
7.12 points, or 0.34 percent, to close at 2,112.44.

Oil fell 2.8 per cent to $US77.43 a barrel in New York. Gold jumped to a
record $US1,101.90 an ounce in New York, and 10-year Treasuries rose,
sending yields down 0.03 percentage point to 3.50 per cent.

``Stocks rising in the face of the unemployment data is a recognition that
we're probably close to the peak in that number,'' said Mark Bronzo, a
money manager at Security Global Investors, which oversees $US21 billion
in Irvington, New York. ``It's a bad number, but people are thinking it
may not get a lot worse.''

58% surge, $US11.6 trillion

The S&P 500 has soared 58 per cent from a 12-year low in March after
$US11.6 trillion in government spending, lending and guarantees returned
the economy to growth following a year of contraction. The benchmark index
for US stocks posted its first monthly decline since February in October
as decreases in consumer confidence and spending raised concern over the
durability of the economic recovery.

GE rose 6.2 per cent, the most since Sept. 16, to $US15.33. Analysts from
Sanford C. Bernstein & Co. and Oppenheimer & Co. raised their ratings and
share-price estimates for the owner of NBC Universal and GE Capital.

``The risk/reward balance has improved enough to warrant a more positive
stance,'' Bernstein's Steven Winoker wrote in a note to clients.

Macy's led a measure of retailers in the S&P 500 to a 1.7 per cent
advance, the second-best performance among 24 industries. JPMorgan
analysts boosted the company's rating to ``overweight'' from ``neutral.''

Amazon, gold

Amazon.com Inc. added 4.6 per cent to $US126.20. The largest Internet
retailer was raised to ``outperform'' from ``market perform'' at Sanford
C. Bernstein, which also raised its price estimate for the company to
$US160 a share. Amazon will see ``revenue re-acceleration,'' improved
operating margins and increased free cash flow, analysts led by Jeffrey
Lindsay wrote in a note today.

Lowe's Cos. rose 4.3 per cent to $US20.94 and Home Depot Inc. added 1.8
per cent to $US26.08 after both companies were raised to ``buy'' from
``underperform'' at Bank of America Corp.

Gold rose as high as $US1,101.90 an ounce, heading for a ninth straight
annual gain, as investors seek to protect their wealth from the threat of
inflation and the debasement of the US currency.

American International Group Inc. tumbled 9.7 per cent to $US35.48,
driving financial stocks to the steepest decline among 10 industries in
the S&P 500. The insurer bailed out by the US government posted sales
declines at its property-casualty and life insurance divisions.

Slot machines

International Game Technology rose the most in the S&P 500, adding 8.7 per
cent to $US20.18. The world's biggest maker of slot machines posted profit
excluding some items of 20 cents a share in the fiscal fourth quarter,
beating the average analyst estimate by 23 per cent, according to
Bloomberg data.

Earnings have exceeded the average analyst estimate for 83 per cent of the
S&P 500 companies that have reported third- quarter results since Oct. 7,
according to data compiled by Bloomberg. That would mark the highest
full-quarter proportion in data going back to 1993.

Energy stocks in the S&P 500 lost 0.2 per cent as oil and natural gas
dropped. Gas for December delivery lost 3.9 per cent to $US4.595 per
million British thermal units.

``Energy demand is going to be muted with lower industrial activity and
consumers driving less, etc., etc.,'' said Jeffrey Schappe, who helps
manage $US17 billion as chief investment officer at BB&T Asset Management
Inc. in Raleigh, North Carolina.

Slumping demand

Sunoco Inc. led declines in energy stocks, dropping 9.4 per cent to
$US28.21 for the second-biggest drop in the S&P 500. The largest refiner
in the US northeast reported a third- quarter loss after slumping fuel
demand prompted the company to cut rates on processing units, idle a
refinery and scale back its pension program. Tesoro Corp. lost 5 per cent
to $US13.97.

Dynegy Inc., the Houston-based power producer that climbed the most since
Aug. 10 yesterday, fell 5.9 per cent to $US1.93.

The Reuters/Jefferies CRB Index of raw materials including grains, energy
and precious metals fell for a second day, losing 1.8 per cent. The Dollar
Index, a six-currency gauge of the greenback's strength, rose 0.1 per cent
to 75.777 at 4:41 p.m. in New York.

Nvidia Corp. added 7.3 per cent to $US13.16. The maker of graphics chips
reported third-quarter profit excluding some items of 19 cents a share,
beating the 10-cent average of analyst estimates compiled by Bloomberg.

Treasuries rose, reinforcing expectations the Federal Reserve won't raise
interest rates for an extended period. Yields on the two-year note, most
sensitive to rate changes, fell to 0.8321 per cent, the lowest since May
21.

``People are snapping up Treasuries,'' said Peter Jankovskis, who helps
manage about $US1.5 billion as co-chief investment officer at Oakbrook
Investments in Lisle, Illinois. The Treasury will sell $US81 billion of
notes and bonds next week.

The Chicago Board Options Exchange, a measure of stock- market volatility
known as Wall Street's fear gauge, dropped for a fifth straight day. The
VIX, as the benchmark for US stock options is known, lost 4.9 per cent to
24.19 as investors paid less for protection against declines in equities.

Bloomberg News

And speaking about fraud mode, did you know that the government is
EXPLICITLY involved in fraud with AIG?  Their stock price was jacked
up in what they call a "reverse stock split"...this means that if you
look at the historicals, it gives false information about what the
stock's value used to be in order to make it appear higher, now.

Kenneth W Clifton

A reverse split is not an uncommon event when a stock has become
severely devalued. The pupose is not to fake people out when looking
at the historical data as even the most basic due diligence would show
that a reverse split has happened.  Keep in mind that a reverse split
doesn't change the stock's value.  The stock's worth twice as much,
but you only have half as much.  They company's market cap is
unchanged.

FRAUD is the intentional misrepresentation to deceive investors or
other parties.  By this reverse stock split, people think the stock is
better than it actually happens to be.  No one can tell from looking
at the historicals that it was threatened with delisting for being
under a dollar.  If this data isn't disclosed, it deceives the
investors ON PURPOSE.  That's why they did it.  If not, you tell ME
why they did it.

Kenneth W Clifton

Your complete lack of understanding about how the stock market works
does not mean that AIG is committing fraud by conducting a reverse
stock split. The reason a split is done is that when you have a huge
number of outstanding shares, people are less likely to buy them
because it takes a massive amount of buying to significantly effect
the price of the stock. By conducting a reverse split, the number of
outstanding shares are reduced. Even though the price is doubled, the
price can move more easily because fewer individual shares must be
purchased for movement to occur.

As far as looking at the historicals, every online chart I've looked
at from July 1 (which is when the split took place) makes it very
clear that a reverse split occurred. Google marks it with a big green
S. Yahoo shows it when you select the "events" option. Moreover,
when you choose to purchase a stock you're given a prospectus which
must disclose any and all events that directly impact the stock
price. The split has been disclosed adequately enough for any
investor who would make decisions based on that information.
 
Pers3id...
Posted: Sun Nov 08, 2009 4:12 am
Guest
<.... tHe_PC_JelLlLy BeAn!! .! !!! .> wrote
in news:38vrba.kvt.17.2 at (no spam) news.alt.net:

Quote:
I'm sorry to rain on Kenny and the other loonie's parades, but it
would appear ( to any sane analyst) that the economy IS picking up.

You were aware the Fed and big banks just purchased nearly all risky
and riskless assets, were you not ? There is now little incentive to
invest in the future, and borrowing from unborn taxpayers - enslaving
our children for life, will have to be pushed out several more
generations with so much ponzi debt in the system.

Take the blue pill if you prefer to have all decisions made for you...
your choice.

The Fed's game can only be continued if they are allowed to hide the
bank losses. Take the red pill and we find out just how large those
losses are. Otherwise, I'm sure the Fed would be more than happy to
decide for you just how much or little you are worth.

The notion of financial markets going up or down based on real
economics is a thing of the past. The Fed and Primary Dealers
control all that you see.

Soon you'll need a special mark to buy goods in public or hold
a job.


Quote:

=================

US stocks advance for fifth day
November 7, 2009 - 12:22PM
 
...
Posted: Sun Nov 08, 2009 8:39 pm
Guest
"Pers3id" <perseid at (no spam) comcast.invalid> wrote in message
news:Xns9CBD495D79EFEPers3id at (no spam) 188.40.43.213...
Quote:
.... tHe_PC_JelLlLy BeAn!! .! !!! .> wrote
in news:38vrba.kvt.17.2 at (no spam) news.alt.net:

I'm sorry to rain on Kenny and the other loonie's parades, but it
would appear ( to any sane analyst) that the economy IS picking up.

You were aware the Fed and big banks just purchased nearly all risky
and riskless assets, were you not ? There is now little incentive to
invest in the future, and borrowing from unborn taxpayers - enslaving
our children for life, will have to be pushed out several more
generations with so much ponzi debt in the system.

Take the blue pill if you prefer to have all decisions made for you...
your choice.

The Fed's game can only be continued if they are allowed to hide the
bank losses. Take the red pill and we find out just how large those
losses are. Otherwise, I'm sure the Fed would be more than happy to
decide for you just how much or little you are worth.

The notion of financial markets going up or down based on real
economics is a thing of the past. The Fed and Primary Dealers
control all that you see.

Soon you'll need a special mark to buy goods in public or hold
a job.

What you mean like the sign on your forehead that says "Imbecile"?
 
Demon Buddha...
Posted: Fri Nov 13, 2009 11:37 am
Guest
..... tHe_PC_JelLlLy BeAn!! .! !!! . wrote:
Quote:
I'm sorry to rain on Kenny and the other loonie's parades, but it would
appear ( to any sane analyst) that the economy IS picking up.

=================

US stocks advance for fifth day
November 7, 2009 - 12:22PM

US stocks gained, overcoming the first unemployment rate exceeding 10 per
cent since 1983, as analyst upgrades of General Electric and Macy's helped
spur optimism that the economy is recovering. Gold reached a record above
$US1,100 an ounce.

GE gained the most in the Dow Jones Industrial Average, surging 6.2 per cent
as analysts said risks to its finance unit have diminished. Macy's 6.4 per
cent after JPMorgan Chase said the second-biggest US department store chain
probably beat analysts' third-quarter profit estimates.

This is really quite amusing. The same analysts from the same
companies that were giving AAA ratings to openly fraudulent "securities"
are now declaring happy days are here again.

That people are not marching in the streets with their torches and
pitchforks is pretty solid evidence of the depths of general stupidity
in which the rest of us find ourselves floundering.

Incredible.
 
Demon Buddha...
Posted: Fri Nov 13, 2009 11:40 am
Guest
Stile4aly wrote:

Quote:
A reverse split is not an uncommon event when a stock has become
severely devalued. The pupose is not to fake people out when looking
at the historical data as even the most basic due diligence would show
that a reverse split has happened. Keep in mind that a reverse split
doesn't change the stock's value. The stock's worth twice as much,
but you only have half as much. They company's market cap is
unchanged.

In such cases, such a reversal paints a deceptive picture. I agree
that this is purely deceptive at the best and probably fraudulent in its
intent.
 
Demon Buddha...
Posted: Fri Nov 13, 2009 11:47 am
Guest
Stile4aly wrote:

Quote:

The reason a split is done is that when you have a huge
number of outstanding shares, people are less likely to buy them
because it takes a massive amount of buying to significantly effect
the price of the stock.

Which is illegal. It is called "manipulation". Go talk with the boys
at SEC and tell them you want to buy stocks to cause a rise in price.
Make sure they have their video recorders going at the time, too. See
how long it is before your life turns to runny shit.

Quote:
By conducting a reverse split, the number of
outstanding shares are reduced. Even though the price is doubled, the
price can move more easily because fewer individual shares must be
purchased for movement to occur.

Manipulability is restored! Praise heaven!
Quote:

As far as looking at the historicals, every online chart I've looked
at from July 1 (which is when the split took place) makes it very
clear that a reverse split occurred. Google marks it with a big green
S. Yahoo shows it when you select the "events" option. Moreover,
when you choose to purchase a stock you're given a prospectus which
must disclose any and all events that directly impact the stock
price. The split has been disclosed adequately enough for any
investor who would make decisions based on that information.

That much is probably true.
>
 
 
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