It's the "prime" so they said.

Today I am a king on the hill.

yes, on the hill, not over the hill~


movie:

Transformers: Revenge of the Fallen---Good

06.29.30.2009

Q2 score board: Dow up 11%, Nasdaq surged 20%, S&P up 15%, oil up 41%, Vix down 40%, European stocks up 17% Nikkei up 23%. all eyes now r on unemployment numbers on thur.

07.01.02.03.04.05.2009

It's BBQ and fireworks and red, white, and blue. 4th of July weekend.

Job data was a wreck, like ive been saying, no jobs no recovery. Nonfarm payroll fell 467000 and unemployment at 9.5%, Obama & Co. is under pressure.

California is printing IOUs!!! and on FDIC Friday so far 52 banks failed, 7 this week.

Dow: 8281 -223

Nasdaq: 1797 -49

S&P: 896 -27

Oil: $66.35

Gold: 931 

Movie:

Ice Age 3: fair

Alaska governor Sarah Palin to step down. Kao it's about time~

07.06.07.2009

Test 2 puts on some weight on this head and shoulder formation and seems like S&P is good to go from here. well not until PPT shows up anyway.

Gosh really hate the technicals and oftentimes a toss of coin could have done better for me. Just seems too good to be true. Oil, energy, basic materials, real estates, and financials are all taking hits today, talks of another stimulus might be on the horizon even though we did not even know exactly what happened to the first round of infusion, Obama is getting plenty on his plate and have not heard from Timmy and Benji for a while now, surely hope they don't spook me on some surprise overnight wild moves.

This fish ain't going down without a fight. gotta realign a bit.

Dow: 8164 -161

Nasdaq: 1746 -41

S&P: 881 -18

Oil: $62.18

Gold: $929 

07.08.09.11.11.12.13.14.2009

GS is BAD ASS. Q2 earning season kicking off high with bank heavyweights reporting. CIT might go under with FDIC refusing to bail but Fed and Treasury likely to give it a hand. AIG bounced after crashing down and 20-1 reverse split was definitely a bad idea. 

Dow: 8359

Nasdaq: 1800

S&P: 906

Oil: $ 59.80

Gold: $923 

07.15.2009

Powerful rally led by Intel's result. Somehow this reminds me of king crab fishing on Deadliest Catch.

no guts no glory.

Dow: 8616 +257

Nasdaq: 1863 +63

S&P: 933 +27

Oil: $61.45

Gold: $939

07.16.17.18.20.2009

A ray of hope on CIT as some of it's bond holders drilling on "debts for new debts"...well new debts old debts are still debts. if that's not wild and rosy, try AIG looking for new funding on shares offering, and that would be magical. As earning season's kicking into high gear, next week I'll have a better picture on how things are at this point. Mean while gotta just stay put and clear my overheated mind. FDIC friday, 4 more banks down.

07.21.2009

CIT is not out of the woods yet, while most of the companies r reporting better-than-expected numbers.

It's shooting for the moon. but will this be Apollo 11 or 13? Test 3 will start in the beginning of August.

Dow: 8916 +68, Nasdaq: 1916 +7, S&P: 955 +3, Oil: $ 64.81, Gold: $947

07.22.2009

Big O talking on TV, he is really full of shit on health care reform.. 

07.23.2009

Home sales boosted the market, Dow: 9069 +188, Nasdaq: 1974 +47, S&P: 976 +22 Oil: $67.57 Gold: $955

Higher it goes, harder it'll fall. steady....almost there.

07.24.2009

Oh My Fucking God, Obama is lost....

Recession and stimulus, financial crisis and bailouts,, potential tax and rate hikes, healthy care reform, and now education. His approval rate is dropping fast.

MSFT got hit on revenue decline, FDIC closed 7 more banks this week and now the total casualty count so far this year is 65, with 150+ GFG of Texas branches $16 bil. in assets marked the largest bank failure in 2009.  

Test 3 likely to begin in the first week of August and I will have the bulls for lunch.  

07.25.26.27.2009

Benanke speaking to the public:

This crisis may surpass the Great Depression, but some growth may come in at 2nd half of 2009 and unemployment to peak until next year.  

New home sales in June stronger than expected, but it usually peaks in June of every year anyway. Treasury auctions nearly quarter triilion this week alone, bonds and USD will be on close watch.  

07.27.2009

Naked short selling permanently banned, good thing I've always shorted with my clothes on....

07.28.2009 am

Shanghai down 5% on fears of goverment intervention and profit taking, intraday fell nearly 8%. Hang Seng down modest 2.3%.