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	<title>Markets and Business; a middle America POV</title>
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		<title>Market Evaluation: Progress Report</title>
		<link>http://economicsdude.wordpress.com/2010/04/20/market-evaluation-progress-report/</link>
		<comments>http://economicsdude.wordpress.com/2010/04/20/market-evaluation-progress-report/#comments</comments>
		<pubDate>Tue, 20 Apr 2010 03:23:28 +0000</pubDate>
		<dc:creator>economicsdude</dc:creator>
				<category><![CDATA[Report Cards/Progress Reports]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[Wallstreet]]></category>

		<guid isPermaLink="false">http://economicsdude.wordpress.com/?p=26</guid>
		<description><![CDATA[Wow! You have to love the market, one day you&#8217;re slapped by the SEC with charges of fraud and the whole market falls and the next day you are up and recouping all losses as if nothing happened! It&#8217;s amazing absolutely amazing! You have to love America! Some info before I continue: Dow: 11,092 +73 [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economicsdude.wordpress.com&amp;blog=11460103&amp;post=26&amp;subd=economicsdude&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Wow! You have to love the market, one day you&#8217;re slapped by the SEC with charges of fraud and the whole market falls and the next day you are up and recouping all losses as if nothing happened! It&#8217;s amazing absolutely amazing! You have to love America!</p>
<p>Some info before I continue:</p>
<p>Dow: 11,092 +73</p>
<p>Nasdaq: 2,480 -1.15</p>
<p>S&amp;P: 1,197 +5.39</p>
<p>The top-performing and worst-performing S&amp;P 500 industry groups for Monday, April 19, 2010:</p>
<table>
<tbody>
<tr>
<td> Industry Groups</td>
<td>Gain</td>
<td>Components</td>
</tr>
<tr>
<td>Office Electronics</td>
<td>+3.77%</td>
<td>XRX</td>
</tr>
<tr>
<td>Airlines</td>
<td>+2.77%</td>
<td>LUV</td>
</tr>
<tr>
<td>Fertilizers &amp; Agricultural Chemicals</td>
<td>+2.13%</td>
<td>CF, MON</td>
</tr>
<tr>
<td>Health Care Services</td>
<td>+2.13%</td>
<td>DGX, DVA, ESRX, LH, MHS</td>
</tr>
<tr>
<td>Managed Health Care</td>
<td>+1.99%</td>
<td>AET, CI, CVH, HUM, UNH, WLP</td>
</tr>
<tr>
<td>Distillers &amp; Vintners</td>
<td>+1.75%</td>
<td>BF.B, STZ</td>
</tr>
<tr>
<td>Building Products</td>
<td>+1.65%</td>
<td>MAS</td>
</tr>
<tr>
<td>Health Care Facilities</td>
<td>+1.55%</td>
<td>THC</td>
</tr>
<tr>
<td>Investment Banking &amp; Brokerage</td>
<td>+1.38%</td>
<td>ETFC, GS, MS, SCHW</td>
</tr>
<tr>
<td>Advertising</td>
<td>+1.37%</td>
<td>IPG, OMC</td>
</tr>
<tr>
<td> Industry Groups</td>
<td>Decline</td>
<td>Components</td>
</tr>
<tr>
<td>Steel</td>
<td>-1.76%</td>
<td>AKS, ATI, CLF, NUE, X</td>
</tr>
<tr>
<td>Electronic Manufacturing Services</td>
<td>-1.73%</td>
<td>JBL, MOLX</td>
</tr>
<tr>
<td>Aluminum</td>
<td>-1.37%</td>
<td>AA</td>
</tr>
<tr>
<td>Casinos &amp; Gaming</td>
<td>-1.17%</td>
<td>IGT, WYNN</td>
</tr>
<tr>
<td>Tires &amp; Rubber</td>
<td>-1.11%</td>
<td>GT</td>
</tr>
<tr>
<td>Computer Storage &amp; Peripherals</td>
<td>-1.07%</td>
<td>EMC, LXK, NTAP, QLGC, SNDK</td>
</tr>
<tr>
<td>Thrifts &amp; Mortgage Finance</td>
<td>-1.04%</td>
<td>HCBK, PBCT</td>
</tr>
<tr>
<td>Commercial Printing</td>
<td>-1.02%</td>
<td>RRD</td>
</tr>
<tr>
<td>Motorcycle Manufacturers</td>
<td>-0.94%</td>
<td>HOG</td>
</tr>
<tr>
<td>Metal &amp; Glass Containers</td>
<td>-0.92%</td>
<td>BLL, OI, PTV</td>
</tr>
</tbody>
</table>
<p>Okay, now that we got that info out of the way let&#8217;s talk stocks! Let&#8217;s get down to some interesting conversation about markets and business!</p>
<p>I for one think the current rally can be sustained at the current level by the state of the economy especially if employment numbers and job creation figures stay on the same chart of small moderate growth however I fail to see how the current rally can grow anymore i.e. pass 12,000 without a broader volume trading in the market.</p>
<p>I completely generalize but the market is basically 5 stocks:</p>
<p>BAC</p>
<p>C</p>
<p>ABK</p>
<p>AIG</p>
<p>FNM</p>
<p>As such, average joe or middle America, the group I try to empathise with in this blog is not really feeling the effects of this rally! It&#8217;s really quite remarkable! But what are you going to do??</p>
<p>//////////////////////////////////////////////////////////////////</p>
<p>Progress Report Grade: C+</p>
<p>Summary: Needs improvement, shows promise</p>
<p>//////////////////////////////////////////////////////////////////</p>
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		<title>Stock Tips</title>
		<link>http://economicsdude.wordpress.com/2010/03/05/stock-tips/</link>
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		<pubDate>Fri, 05 Mar 2010 04:55:50 +0000</pubDate>
		<dc:creator>economicsdude</dc:creator>
				<category><![CDATA[tips]]></category>
		<category><![CDATA[buy]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[green energy]]></category>
		<category><![CDATA[hold]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[nyse]]></category>
		<category><![CDATA[people]]></category>
		<category><![CDATA[sell]]></category>
		<category><![CDATA[six flags]]></category>
		<category><![CDATA[stock tips]]></category>

		<guid isPermaLink="false">http://economicsdude.wordpress.com/?p=18</guid>
		<description><![CDATA[First off, these tips are strictly a matter of opinion, any losses accrued to portfolios because of them are your own fault however I will say that I own most everything I recommend. Ok I will straight up say it, I don&#8217;t think Sirius Xm is a great investment at this point in time. Now about a month [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economicsdude.wordpress.com&amp;blog=11460103&amp;post=18&amp;subd=economicsdude&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>First off, these tips are strictly a matter of opinion, any losses accrued to portfolios because of them are your own fault however I will say that I own most everything I recommend.</p>
<p>Ok</p>
<p>I will straight up say it, I don&#8217;t think Sirius Xm is a great investment at this point in time. Now about a month or two ago when it had bottomed out and was sitting at about 35 cents a share sure that was a good time to buy, I mean they had no where to go but up!! but now that they are hanging around a dollar or so I don&#8217;t see them moving up much more any time soon. The company has too much debt and it&#8217;s profit margins are too strongly based on the weak automarket.</p>
<p><strong>Recommendation</strong>: dont buy, dont sell, hold</p>
<p>ok</p>
<p>Six Flags! what! six flags the most fun place to go in the summer is a publicly traded company!! yup and what a bargain at 97 cents! to think that only 5 years ago shares were valued at around 40 bucks or more! Now, of course, this is a risk just like anything else but I like to support fun things and I think that people naturally like to as well.</p>
<p><strong>Recommendation</strong>: BUY</p>
<p>ok</p>
<p>my safest bet yet! CITIGROUP!! It&#8217;s going to take awhile but this is going to move up, I promise you. You better buy it now while you can afford it. <em>Citigroup symbol</em>: C</p>
<p>ok</p>
<p>now, let&#8217;s take a safe risk, lol I love that concept but what better way to describe companies in the green industry</p>
<p>Now there are some Chinese companies that could make me money like JASO for example but at this stage of the game we got to support American companies like never before yet I like these two companies for reasons that go beyond domestic economic policy, I really think they are well run and doing good business. I&#8217;m talking about SPIR and SOLR. These two companies are growing and at the forefront of solar cell technology.</p>
<p><strong>Recommendation</strong>: BUY</p>
<p>Alright,  that&#8217;s all for now. I hope the market is good for us all. Safe investing!</p>
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		<title>Global Influence</title>
		<link>http://economicsdude.wordpress.com/2010/02/10/global-influence/</link>
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		<pubDate>Wed, 10 Feb 2010 03:09:15 +0000</pubDate>
		<dc:creator>economicsdude</dc:creator>
				<category><![CDATA[Global markets]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[global influence]]></category>
		<category><![CDATA[Globalization]]></category>
		<category><![CDATA[green]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[solar energy]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[wind energy]]></category>

		<guid isPermaLink="false">http://economicsdude.wordpress.com/?p=11</guid>
		<description><![CDATA[In the humble opinion of this blogger, economicsdude aka me, this global recession has brought out a tangible and noticeable form of globalization. It is a financial globalization that has created perceivable, noticeable, and trackable effects in the economies and markets of several world regions based on the cause and effects of other economies and world regions. These cause and effects [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economicsdude.wordpress.com&amp;blog=11460103&amp;post=11&amp;subd=economicsdude&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>In the humble opinion of this blogger, economicsdude aka me, this global recession has brought out a tangible and noticeable form of globalization. It is a financial globalization that has created perceivable, noticeable, and trackable effects in the economies and markets of several world regions based on the cause and effects of other economies and world regions. These cause and effects being of course the flunctations of the markets. </p>
<p>Now at times this has been good and for the most part it is because regions need to borrow money form other regions at times to sustain themselves and following that prosper. As such, I am not at all a self-consuming nationalistic or isolationist proponent of capitalism however, you must know when to gamble on your team and when to bet on the other horse. At times this is smart business, you take the best of something, somewhere and make it your own till you are the overall better person, company, country, etc.</p>
<p> However, of course,  there are issues and industries that are and will because of their very nature understandably subject to global competion and  market control. The two most powerful examples are oil and green energy. </p>
<p>Now, this blog is about global influence and as such America is the engine of the world and as i mentioned before there has already been and there continues to be worldwide tangible effects of the great American Recession due to bank speculation, housing crisis, bad loans, government mismanagement, etc.  However because of globalization the whole world, which I will use the metaphor of car,  broke at different parts. The gas tank got a hole (Dubai, Iraq, etc), the electrical system (Europe) gave bad readings, yet the seats (Asia) have maintained form despite getting scratches, tears and pressure.</p>
<p>So?</p>
<p>What can we do as a country and people and individuals and investors to get ourselves and the whole car to shift gears and move up in speed? At this time we must make our own companies succeed to pay off foreign creditors and then when we are at former levels former levels of prosperity we can buy goods again.</p>
<p>So, despite about a decade of prosperity and a global war on terrorism<strong>, GLOBALIZATION AND GLOBAL INFL</strong><strong>UENCE</strong> has been most noticeably felt through the effects of worldwide market failure. </p>
<p>Therefore, in this new global eceonomy, we must restructure ourselvses to be leaders again in business and to do this we must have smarter business that relies more on proven methods of success than easily collaspible models of risk. These proven methods can at times be hard to</p>
<p>A) remplement in the case of the bank and auto industry such as in the neccessary steps that they have taken in restructuring and re-organization however necessarry</p>
<p>and</p>
<p>B) hard to intitally start off in the case of green, solar, wind, and recycling etc, industries</p>
<p>Thus we should look in companies that are breaking and making ground in these fields. These companies will undoubtly have headstarts in those markets and be poised for success.</p>
<p>As a investor in this current market one has many options perhaps more than ever and thought it might take more than ever to make money, it can be certain that  <strong>now </strong>there will be levels of global influence in certainly in almost all if any market or investing decision.</p>
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		<title>The Current State</title>
		<link>http://economicsdude.wordpress.com/2010/01/20/the-current-state/</link>
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		<pubDate>Wed, 20 Jan 2010 22:55:53 +0000</pubDate>
		<dc:creator>economicsdude</dc:creator>
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		<description><![CDATA[U.S. stocks end on worst loss in a month RELATED QUOTES 4:00 PM ET 1/20/10 Symbol Last % Chg AA 15.23 -2.50% CAT 59.76 -1.92% IBM 130.25 -2.90% BAC 16.49 1.04% KFT 28.78 -2.14% NEW YORK (MarketWatch) &#8212; Fears of a possible rise in borrowing costs globally sent the U.S. stock market to its worst [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=economicsdude.wordpress.com&amp;blog=11460103&amp;post=6&amp;subd=economicsdude&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><strong>U.S. stocks end on worst loss in a month<br />
</strong>RELATED QUOTES</p>
<p>4:00 PM ET 1/20/10<br />
Symbol Last % Chg<br />
AA 15.23 -2.50%<br />
CAT 59.76 -1.92%<br />
IBM 130.25 -2.90%<br />
BAC 16.49 1.04%<br />
KFT 28.78 -2.14%</p>
<p>NEW YORK (MarketWatch) &#8212; Fears of a possible rise in borrowing costs globally sent the U.S. stock market to its worst decline since mid-December on Wednesday.</p>
<p>The Dow Jones Industrial Average $INDU trimmed its losses late in the day but still ended with a 122.28-point decline, the biggest drop since Dec. 17. The blue-chip measure tumbled 1.1% from its 15-month closing high set in the previous session to end at 10,603.15.</p>
<p>The Nasdaq Composite Index (COMP) fell 1.3%. The S&amp;P 500 Index $SPX fell 1%, led by a 1.7% decline in energy. All the index&#8217;s other sectors were off as well.</p>
<p>Investors focused on a possible cutback in lending by Chinese banks and the hefty price that Greece may have to meet to bolster its troubled economy.</p>
<p>The dollar soared, while major stock indexes and commodities were hit hard as investors sought safety. Such skittishness across the financial markets has rarely been seen in 2010&#8242;s early going, though some traders and analysts believe it may become the norm in the weeks ahead.</p>
<p>&#8220;There&#8217;s been some nonchalance about the enormity of the run we&#8217;ve had from the March lows and the headwinds that we face moving ahead,&#8221; said strategist Peter Boockvar, of Miller Tabak in New York. &#8220;Now the news out of China today has jolted people out of that mentality a bit.&#8221;</p>
<p>Spooking investors was a report that the China Banking Regulatory Commission had asked several banks to stop issuing loans. While the CBRC&#8217;s chairman denied that he had asked banks to stop lending, Bank of China, one of the country&#8217;s big banks, said it was taking steps to rein in loans. Read more about China.</p>
<p>&#8220;People are concerned that the [stock] rally so far has been driven by liquidity. If China&#8217;s pulling away, it&#8217;s the first step in tighter monetary policy in general and worldwide we&#8217;ll see less liquidity,&#8221; said David Kupersmith, head trader at Third Wave Global Investors.</p>
<p>Companies with more international exposure, including Alcoa (AA) and Caterpillar (CAT) were among the big decliners. Alcoa slipped 2.5%, while Caterpillar fell 1.9%.</p>
<p>Even a dose of upbeat earnings news failed to improve investors&#8217; mood much. International Business Machines (IBM) slid 2.9%, after reporting late Tuesday that its fourth-quarter profit rose 8.7%, more than analysts had estimated, but still disappointed investors looking for higher growth rates. See full story about IBM.</p>
<p>Bank of America (BAC) posted a 1% gain after its fourth-quarter report showed signs of stabilization in the banking giant&#8217;s consumer-loan books. See full story on Bank of America.</p>
<p>Elsewhere, Kraft Foods (KFT) fell 2.1% after Warren Buffett, the company&#8217;s biggest investor, expressed concern over Kraft&#8217;s deal to buy Cadbury PLC (CBY) for $19.44 billion. Investors don&#8217;t have a vote on the deal.</p>
<p>Health-care stocks reversed course after leading a big rally Tuesday on hopes that a Republican victory in the Massachusetts Senate race would result in softer-line congressional legislation on health care. Among the health-care stocks that had climbed Tuesday, Coventry Health Care (CVH) fell 1.9% Wednesday, while Humana (HUM) fell 1.3%.</p>
<p>New economic data in the U.S. were downbeat. The Commerce Department reported that housing starts fell 4% from the previous month, more than the 0.2% drop economists expected. Read full story about housing starts.</p>
<p>The dollar strengthened, with the U.S. dollar index (DXY), which tracks the greenback against a basket of six currencies, up 1.1%. Treasurys rose, with the 10-year note (UST10Y) up 11/32 to yield 3.659%.</p>
<p><strong>Thats the news for today, here is an interesting video on banks</strong>.</p>
<p>Embedded video from <a href="http://money.cnn.com/video">CNNMoney.com Video</a></p>
<p>My Take: </p>
<p> Although sure banks and financials fell today and news about future lack of liquidity from China coupled with Government plan to tax large banks is worrisome news to them, they are still for the most part on a peak of a meterioc rise since last March, a rise that is not comparable to the overall state of the economy. Bank Ceos are receiving huge bonuses and yet the unemployment rate hovers at 10 percent. The Economic dude&#8217;s take on all this u so kindly ask? Well, it&#8217;s wack!</p>
<p>Now I am very interested in Healthcare stocks because of the recent news from Massachusetts, this coupled with the overall age of babyboomers means that those stocks could be on a rise however, the bigger picture still rests on the overall economy because doctors and hospitals are not immune to it. Pun haha</p>
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