Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

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let me know if you organise it, i will come down from Manchester just to meet you chaps

Sounds like a plan in the making folks. If this event is free, then I am sure I can get a lot to come.

On my first meetup/social event about 12ish ppl came. Two couldnt find us, though they came.

See your PM TomTom.
 
cable ...

interesting juncture


I will see you at the cross roads

I am short cable 1.6107 ...stop loss 1.6337

target 1.5977
 

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INTC Earnings...Inventories Cannot Be At Zero
By InTheMoneyStocks.com on October 14th, 2009 6:39pm Eastern Time
The market gapped higher today on the back of INTC and JPM earnings. Both companies blasted through earnings and saw the futures spike higher because of them. But what does it mean? Were they as good as one would believe from looking at all the numbers? INTC reported solid earnings, revenue and margin numbers. It was amazing to say the least. However, JNJ reported a earnings beat yesterday, but missed on revenue. These numbers from JNJ mean that they only beat because of cost cutting and the end user (consumer) was not buying more. This was not a good sign for JNJ. So what is the comparison between INTC and JNJ? These companies make totally different products. This is the key folks. I will lay it out simply. Over the last year, inventory levels have gone to almost zero. With the consumer still buying in small amounts (ie. when their computer crashes and it was a 10 year old model) inventories must be replenished slightly though at a much slower rate. This is where INTC comes into play. These numbers when compared to JNJ's lack of numbers show a replenishing of inventories going on. The end consumer is still barely buying but inventories still need to be above zero. In addition, the pumping from Bernanke, Geithner and President Obama seem to be creating a frenzy of over stocking again on inventories as everyone has been told we are out of this recession. This could spell major trouble down the road. Watch for this to be a major catalyst down the line as the market starts to realize this. Next quarter INTC should still do well but in my opinion not quite as well as they have been doing. From here on out, I believe earnings growth will slow again for INTC. JNJ's numbers tell the truth and watch future consumer related earnings for confirmation. Should all those companies show no revenue growth regardless of earnings beats, this hypothesis will be correct. We will know in the coming weeks.

InTheMoneyStocks - Rant and Rave Blog
 
I am buying Euro today

target 1.5 ...........

I have already bought 1 contract at 1.4933 .....I will average into my position
 

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hi ws
ftse chart has now got a bearish character.same thing happened on tuesday
tick..2.5 by3
2b8oiq.gif

not done much the last few days.got a bad cold and feeling rotten
 
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