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Happy Thanksgiving To The US Members !

Originally Posted by WakingTheBull

Shocking article from the NY Times!

Source: NY Times
November 22, 2011, 6:30 am
Economic Insecurity
By MOTOKO RICH

"With the Census Bureau fine-tuning its definition of poverty, a group of “near poor” has emerged — those who are not officially poor but are perilously close to it.

Another way of putting that is to look at “economic security,” the amount of income necessary to cover basic expenses without relying on public subsidies.

A new report from Wider Opportunities for Women, a nonprofit group that previously produced an index of what it takes to do more than survive while working, shows that 45 percent of United States residents live without economic security. That means they are not earning enough income to cover basic expenses, plan for important life events like college or save for emergencies like unexpected health bills.

“What does it take for households in this country to get by and be able to

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Originally Posted by WakingTheBull

Source: By CHRISTOPHER S. RUGABER
"WASHINGTON (AP) — The number of people applying for unemployment benefits fell last week to the lowest level since early April, a sign that layoffs are easing and hiring may pick up.

Weekly applications dropped by 5,000 to a seasonally adjusted 388,000, the Labor Department said Thursday. It was the fourth decline in five weeks.

The four-week average, a less volatile measure, dropped to 396,750. That's the first time the average been below 400,000 in seven months.

Applications need to consistently drop below 375,000 to signal sustained job gains. They haven't been that low since February.

The job market "is still weak but there are hopeful signs of some modest improvement," Steven Wood, an economist at Insight Economics, in a note to clients."

Read Full Article.....

Originally Posted by WakingTheBull

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Please donate so we can continue to provide valuable information to our grassroots community.

Here is a look at how the major Indices fared this week:
DOW ($INDU)The closed up 170.44 @12153.68 above it's MA(200) @11976.30
S&P500 ($SPX) The S&P 500 closed up 10.62 @1263.85 above it's MA(200) @ 1272.27
Volatility Index ($VIX) The Volatility Index closed down 0.12 @30.04 over it's MA(200)@24.30
Baltic Dry Index ($BDI) The Baltic Dry Index, an index that measures shipping spot freight rates of various dry bulk cargoes closed up 18 @1835.00 over it's MA(200) @1512.29
Gold ($GOLD) Gold closed up 33.10 @1789.60 for the week above it's MA(200) @1577.28
Silver ($SILVER) Silver closed up 0.52 @34.67 below it's MA(200) @36.64
U.S.

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Originally Posted by baronvonstocks

Check the heat map. then look at the top 100 stocks list. It's very helpful to find out what stocks you want to consider looking into.

http://www.barchart.com/stocks/heatmap.php

Originally Posted by WakingTheBull

Source: By Margaret Chadbourn

WASHINGTON | Tue Nov 8, 2011 7:29pm EST

(Reuters) - Fannie Mae, the biggest source of money for U.S. home loans, on Tuesday said it needed a further $7.8 billion in federal aid to stay afloat as a shaky housing market widened its third-quarter loss to $5.1 billion.

The government-controlled firm also attributed the deeper cash drain to losses on derivatives used to hedge its exposure to interest-rate swings and on expenses related to home loans made prior to the 2008 financial collapse. In the year-earlier quarter it had a loss of a $1.3 billion.

Fannie Mae has now drawn $112.6 billion in bailout funds from the Treasury Department since being seized by the government in 2008 as mortgage losses mounted, and it has returned $17.2 billion to taxpayers in the form of dividends.

"There is certainly a lot of pre-2009 loans that we need to work through and that is certainly driving the credit losses

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Originally Posted by WakingTheBull

Source:
Henry Blodget
Business Insider
November 8, 2011

Nouriel Roubini was in fine form yesterday, scaring the bejeezus out of his followers on Twitter by saying that several huge financial institutions could collapse in the blink of an eye like MF Global.

These houses of cards, Roubini tweeted, include:

Goldman Sachs
Morgan Stanley
Jefferies
Barclays

The problem, as Roubini has consistently warned, is the banks’ dependence on short-term financing to maintain their long-term asset leverage and run their businesses.

What killed MF Global, Lehman Brothers, Bear Stearns, AIG, and other huge financial firms, after all, was the sudden refusal of short-term lenders to continue lending money to the firms.

Every day, the big Wall Street firms borrow tens of billions of dollars in low-cost short-term loans. They then use this money to make long-term bets on assets that

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Originally Posted by baronvonstocks

Profits Are at Record Levels, So Why Aren't Stock Prices?


Source: CNBC

On Monday November 7, 2011, 3:47 pm EST
With almost all of the third quarter results out, it's safe to say that companies in the S&P 500 Index (INDEX: .SPX) have achieved record earnings and profit margins on a quarterly and one-year basis, fully exorcising the 2008 credit crisis and reflecting the aggressive cost cutting efforts underway since that calamity.
"Third quarter 2011 establishes a new quarterly and trailing four quarter EPS peak while trailing four quarter net margins remain at peak levels," according to a Goldman Sachs Research, which came to this conclusion using the figures from the 90 percent of the S&P 500 members that have reported and the firm's estimates for the rest.
"The last four quarter EPS total of $94.80 (for S&P 500) exceeds the previous peak of $91.47 achieved in second

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Originally Posted by WakingTheBull

As we approach our Second Year we rely on our members support, If you value the profitable information found on WAKINGTHEBULL.COM

CLICK HERE TO DONATE

Please donate so we can continue to provide valuable information to our grassroots community.

Here is a look at how the major Indices fared this week:

DOW ($INDU) The closed down 247.87 @11983.24 above it's MA(200) @11974.75
S&P500 ($SPX) The S&P 500 closed down 31.85 @1253.23 above it's MA(200) @ 1273.20
Volatility Index ($VIX) The Volatility Index closed up 5.63 @30.16 over it's MA(200)@23.96
Baltic Dry Index ($BDI) The Baltic Dry Index, an index that measures shipping spot freight rates of various dry bulk cargoes closed down 274 @1817.00 over it's MA(200) @1500.42
Gold ($GOLD) Gold closed up 12.00 @1756.50 for the week above it's MA(200) @1566.05
Silver ($SILVER)Silver closed down 1.22 @34.15 below it's MA(200)

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Originally Posted by WakingTheBull

As we approach our Second Year we rely on our members support, If you value the the profitable information found on WAKINGTHEBULL.COM , Please donate what you can so we can continue to provide valuable information to our grassroots community.

CLICK HERE TO DONATE

Here is a look at how the major Indices fared this week:
DOW ($INDU) The closed up 442.32 @12231.11 above it's MA(200) @11973.09
S&P500 ($SPX) The S&P 500 closed up 46.83 @1285.08 above it's MA(200) @ 1274.25
Volatility Index ($VIX) The Volatility Index closed down 6.79 @24.53 over it's MA(200)@23.59
Baltic Dry Index ($BDI) The Baltic Dry Index, an index that measures shipping spot freight rates of various dry bulk cargoes closed down 62 @2091.00 over it's MA(200) @1488.43
Gold ($GOLD) Gold closed up 101.50 @1744.50 for the week above it's MA(200) @1556.72
Silver ($SILVER) Silver closed up 5.01 @35.37 below it's MA(200) @36.31
U.S. Dollar ($USD) The U.S. Dollar closed

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