Great News!!!!!!!!!!! - Page 3 - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**BadThad** · #21 03-31-2009, 12:03 PM

MW bear calls the market bottom!

Six reasons I am calling a bottom and declaring a new bull market - MarketWatch

**BadThad** · #22 04-08-2009, 09:31 AM

GM AND MERCEDES SALES ARE UP!

GM, Mercedes-Benz China Sales Rise to Record in March - WSJ.com

**BadThad** · #23 04-08-2009, 01:52 PM

Inventories down!

Quote:

April 8 (Bloomberg) -- Sales at U.S. wholesalers rose in February for the first time in eight months, contributing to a record drop in inventories that indicates distributors are well on the way to eliminating the glut in stockpiles.

Sales rose 0.6 percent, the first increase since June, the Commerce Department said today in Washington. The 1.5 percent decrease in the value of stockpiles was the biggest since records started in 1992.

At the current sales pace, it would take 1.31 months for distributors to deplete the amount of goods on hand, the lowest since November, compared with 1.34 months in January. Smaller inventories mean any stabilization in demand will translate into a pick up in orders and production.

“Excess supply conditions don’t look as bad as they were,” said Jonathan Basile, an economist at Credit Suisse Holdings Inc. in New York. “This is encouraging because it’s not just happening in wholesaling, it’s happening in the factory sector, too.”

Inventories at wholesalers were forecast to drop 0.7 percent after an initially reported 0.9 percent decrease in January, according to the median estimate of 34 economists surveyed by Bloomberg News. Projections ranged from a decline of 0.7 percent to a 0.5 percent gain.

Business Stockpiles

Wholesalers make up about 25 percent of all business stockpiles. Factory inventories, which account for about a third of the total, dropped 1.2 percent in February, Commerce reported on April 2. Retail stockpiles, which make up the rest, will be included in the April 14 business inventories report.

Today’s report showed stockpiles of durable goods, or those meant to last at least three years, fell 2.4 percent in February, the biggest decline on record. Durable sales climbed 2 percent, the most since April 2008.

Auto inventories fell a record 7.9 percent as sales rose 3.7 percent, today’s report showed.

Today’s report showed stockpiles of non-durable goods such as fuels and grains fell 0.2 percent. Sales of non-durables decreased 0.4 percent, with a 3.7 percent decline in petroleum sales.

The decline in stockpiles is a major reason analysts project the economy shrank again last quarter, even as it raises optimism about a pickup in growth later this year. Gross domestic product in the first quarter probably dropped at a 5.2 percent annual pace after falling at a 6.3 percent rate in the last three months of 2008, according to the median estimate of economists surveyed in early March.

Today’s report was “encouraging,” Michael Englund, chief economist at Action Economics LLC in Boulder, Colorado, said in a note to clients. “By mid-year, we should be seeing a sizable pace of contraction in inventories relative to sales, which should pave the way for positive production figures by the second half of the year.”

thegreatgate · #24 04-08-2009, 02:00 PM

Great News....
I just saved a bunch of money on my car insurance by switching to Geico

**Volatile22** · #25 04-19-2009, 01:14 PM

A look at the week ahead for stocks - Apr. 18, 2009

Bring on the storm

**BadThad** · #26 05-07-2009, 08:48 AM

Rupert says so......lol

Quote:

CHICAGO (MarketWatch) -- News Corp. (NWSA:news corp cl a
News , chart , profile , more
Last: 9.46+0.43+4.76%

4:00pm 05/06/2009

NWS 10.65, +0.63, +6.3%) Chairman Rupert Murdoch, commenting on the most severe worldwide economic downturn in decades, said Wednesday that "it is increasingly clear that the worst is over." Speaking to analysts on a conference call, Murdoch said: "There are emerging signs in some of our businesses that the days of precipitous declines are done and that revenues are beginning to look healthier."

**BadThad** · #27 05-11-2009, 10:05 AM

ABK qtr loss narrows substantially, shows things are stabilizing:

Quote:

Ambac's quarterly loss narrows
8:44a ET May 11, 2009 (MarketWatch)
BOSTON (MarketWatch) -- Ambac Financial Services Group Inc. on Monday reported a first-quarter loss of $392.2 million, or $1.36 a share, compared with a loss of $1.66 billion, or $11.69 a share, in the same period the prior year. The financial guaranty insurer said it swung to positive revenue of $1.13 billion. "The credit environment remains adverse, although perhaps the rate of degradation is slowing," said David Wallis, chief executive, in Ambac's quarterly earnings release.

**Grizzums** · #28 06-02-2009, 11:42 PM

Searching for glimmers...

Was reading some others perspectives on this and see it as something to watch in order to look for a new trend forming. A one month data point is hardly a trend....but if not a fluke, could be the start of an important trend shift for the US economy. Hence, something to watch.

The April 'Personal Income and Outlays' came out yesterday. I'll let you interpret parts of it that you find important (like the fact that consumers are saving the stimulus) but I did want to bring attention to something. Income growth (ex- transfer payments).

We all know that the American consumer is currently de-leveraging. This is a good and needed thing, imo, but can be a painful thing for an economy that is primarily driven by consumption. Consumption from 2000-2007 accounted for 77% of Real US GDP growth. During the same period, US annual personal consumption grew by a staggering 44%, exceeding growth of either GDP or household income. A recipe for ___________ (<-- you fill in the blank).

So, if the consumer is saving more, and deleveraging then they must surely be consuming less....right? Well, yes, we have been consuming less but the question should be, can US consumption stabilize while needed household deleveraging continues? Initially, I thought no, but perhaps the correct answer is maybe? What would be the key? Personal income growth.

Real growth income (ex trnsfer payments) and real disposable income

Why excluding transfer payments? Because by excluding transfer payments, you are getting a cleaner look at income growth, by looking at the private sector, without all the gov't charities. In April, income grew a paltry amount, .06% but it was an increase nonetheless.

"if "...income continues to grow, then households can reduce debt burden by increasing saving (debt/income) without further reductions in consumption..."

Far from a trend....but an interesting piece of data that could be spun as 'good news'.

TNTrader · #29 06-03-2009, 11:41 AM

Quote:

Originally Posted by Grizzums

Searching for glimmers...

Was reading some others perspectives on this and see it as something to watch in order to look for a new trend forming. A one month data point is hardly a trend....but if not a fluke, could be the start of an important trend shift for the US economy. Hence, something to watch.

The April 'Personal Income and Outlays' came out yesterday. I'll let you interpret parts of it that you find important (like the fact that consumers are saving the stimulus) but I did want to bring attention to something. Income growth (ex- transfer payments).

We all know that the American consumer is currently de-leveraging. This is a good and needed thing, imo, but can be a painful thing for an economy that is primarily driven by consumption. Consumption from 2000-2007 accounted for 77% of Real US GDP growth. During the same period, US annual personal consumption grew by a staggering 44%, exceeding growth of either GDP or household income. A recipe for ___________ (<-- you fill in the blank).

So, if the consumer is saving more, and deleveraging then they must surely be consuming less....right? Well, yes, we have been consuming less but the question should be, can US consumption stabilize while needed household deleveraging continues? Initially, I thought no, but perhaps the correct answer is maybe? What would be the key? Personal income growth.

Real growth income (ex trnsfer payments) and real disposable income

Why excluding transfer payments? Because by excluding transfer payments, you are getting a cleaner look at income growth, by looking at the private sector, without all the gov't charities. In April, income grew a paltry amount, .06% but it was an increase nonetheless.

"if "...income continues to grow, then households can reduce debt burden by increasing saving (debt/income) without further reductions in consumption..."

Far from a trend....but an interesting piece of data that could be spun as 'good news'.

It is what isn't said that you should consider. Personal income grew for a specific reason, not a sustantive change in the economy. When an economy contracts at a faster pace than revenue the resulting loss of employees creates a brief surge in income for those that remain in the workforce. We now stand at a real unemployed rate of nearly 16% with outstanding purchasing contracts just beginning to expire. As more and more people lost their jobs, the remainder have benefited slightly from the imbalance between current production requirements and fewer workers to service those contracts. By October the vast majority of even government contracts will expire and , thus far, only government is renewing at anywhere near the levels of 2007-2008. Industrial equipment orders are down over 33%, stamped metal orders(washing machines, auto parts, electronics, etc..) are down a whopping 52%. The list continues.

With long lead time items so far down any wide recovery will be seriously delayed while industry re-employs and orders materials to produce the items. this one factor alone precludes any substantial rebound before late 2010. While the service sector may see some moderation in contraction, without industrial capacity ramping up even the service sector won't see much of a boost.

Good Luck