It's window dressing time - actually, that's been happening all week. The beefers run up selected stocks to grab a bit of fee cash or to make their portfolios look good. And new money comes in next week, so they pre-buy the stocks they like.
The unemployment claims number yesterday was down - under 300,000 - that's good news. No economic freefall is happening like the bears were predicting.
Gold is up this morning. Stocks have been consolidating since the Fed rate cut, forming bullish continuation patterns.
It's a bull market. Buy dips. Hold until something changes.
PS: Core PCE year over year inflation is 1.8%. Headline PCE year over year inflation is 1.8%. Inflation is dead and buried. "staggerlee" is walking on one leg, hehe ;-)
PPS: Chicago PMI firm at 54.2 for September. No collapse. Perma-bears were wrong. Fed did its job going neutral with core inflation in the "comfort zone". Inflation at 1.75% plus 2-3% real return = neutral range is 3.75 to 4.75% overnight funds.
Subscribe to:
Post Comments (Atom)
72 comments:
mfl59: see my comment on the crack spread re the refiners, on yesterday's post comments - last one.
If the Mets and Phillies finish tied atop the East: A one-game playoff will be played Monday at Philly's Citizens Bank Park.
If the Cubs and Brewers finish in a tie atop the Central: A one-game playoff will be played Monday at Chicago's Wrigley Field.
If the D-backs and Padres finish in a tie atop the West: A one-game playoff will be played Monday at Arizona's Chase Field.
If the D-backs and Rockies finish in a tie atop the West: A one-game playoff will be played Monday at Chase.
If the Rockies and Padres finish in a tie atop the West: A one-game playoff will be played Monday at San Diego's PETCO Park.
If the Padres and Phillies finish in a tie for the Wild Card: A one-game playoff will be played Monday at PETCO.
If the Padres and Rockies finish in a tie for the Wild Card: A one-game playoff will be played Monday at Colorado's Coors Field.
If the Phillies and Rockies finish in a tie for the Wild Card: A one-game playoff will be played Monday at Coors.
It's also possible that more than one game will be needed to break a tie.
If the Padres, Rockies and Phillies finish in a three-way tie for the Wild Card: The head-to-head records among the three teams would be used to designate each club as A, B or C. The club with the best record would have the first choice, the club with the second best record would have the second choice, and the club with the worst record among the three would get the remaining option.
• The Phillies went 4-3 vs. the Padres and 3-4 vs. the Rockies (7-7 overall).
• The Rockies went 10-8 vs. the Padres and 4-3 vs. the Phillies (14-11 overall).
• The Padres went 8-10 vs. the Rockies and 3-4 vs. the Phillies (11-14 overall).
Thus, the Rockies would have the first choice to be designated as club A, B or C. The Phillies would have the second choice. The Padres would get the remaining option, and the games would then be played as follows: A hosts B on Monday, with the winner hosting C on Tuesday.
Great...thanks for the info Bunkerman...
Spin, I didnt think they played 1 game playoffs this year...Whoever won the season series wins the tiebreaker....at least that what "bubblevision" has been saying...
maybe the National league is different
AMERICAN LEAGUE
Unless the Red Sox and Yankees suffer epic collapses in the next five days, Boston, with a three-game lead through Wednesday, will win the East. But ...
If the Red Sox and Yankees finish the regular season tied: The Yankees will be declared the division winners based on their 10-8 advantage over the Red Sox in their season series.
That's significant, because the two AL division winners with the highest winning percentages will have home-field advantage in their respective ALDS. But what about the new wrinkle that gives the team with the best winning percentage in the league the option of starting its first-round series on Wednesday or Thursday? The teams that start Wednesday get an extra day off, thereby ensuring that each team's top two starters will be available twice.
Pre-buy? What does that mean? You buy a stock when you want to own it. What's the difference between pre-buy and buy?
No economic freefall. Exactly. So why is the fed cuttin rates? Sure seems like we will pay for it later.
I think there is only no 1-game playoff when both teams are headed for the playoffs. For example, if sox and yanks are tied ...no playoff. Ny wins division based on season series.
Looks like the Yankees will play the Indians....too bad...since the Angels own them....
Phillies and Rockies are playin incredible baseball. Jimmy rollins really is a stud.
rofl...never too early to take a shot huh mfl??? .....Should you be throwing stones at this point?
Lmaoooo....I believe the phrase reads, "Misery loves company"....
Indians are very good. Reminds me of last season when yankees 'wanted' to play detroit in the divisional playoffs. And then got tattooed by the tigers.
die yankees die !!!!!
golly, what a complex mess in the NL. I read about the prospect of a five way tie.
Go American League !!!
Go Tribe ! Go Yanks ! :-)))
"pre-buy" means use a bit of reserve cash to buy the stock before you get the regular money. Or use a derivative to buy it before you get the cash.
Yanks remind me of the Red Sox "team" when they won it all....They brought up the young guys from Scranton and are having fun(of course...aint no parr-tee like a Scranton parr-tee..cuza Scranton par-tee dont stop)..lmaooo
My priority order for teh World Series: tribe, then yanks then any American League team.
Come on Bunkerman....the Yankees are the ultimate beefer....they are Goldman Sachs....no common man would be caught dead rooting for the Yankees...
Well, a common man married to a girl from New York City would.
And then a common man rooting for the Tribe and the tribe sells all its good players to the Yanks for decades (1970s to end of 1980s) might, also.
:-)))
The tribe was a Yankee farm team for so many years, I got used to rooting for them #2.
And marital harmony helped, too.
Exactly mfl. The yankees are a fat corporate beefer pig that picks on the little guy.
Nettles,Tidrow,Chambliss,Oscar Gamble...good ole Gabe Paul
Munson, too
Bman you are NOT a common man. You are wealthy. You are in a high tax bracket. You are semi-retired at a young age. You live in a luxurious home and take vacations to scotland. So stop bein a phony. Common man.
lmaooooooooooooooo
Well, I'm mentally a common man. I like to work with tools & get my hands dirty. Many of my friends are the common man. And I was a "common man" for many years. My hobbies are "common man" hobbies. And I eat like a "common man" [mostly]. So I still think like one and know how they think and what they need, having grown up as one. :-)))
For example, I am a member of a rifle club and not a member of a country club. :-))
I lift weights, not play golf.
I fix my stuff with my tools.
On and on.
once you start drinking single malts you have lost touch with the common man....that is a fact...look it up.
oh c'mon. I still like beer and peanuts, too. It's not exclusive.
Well, at least I'm a friend of the common man.
Bunkerman...sorry...forgot you took up sheep chasing....common man indeed...now you just need Bud to teach what to do when you catch them and your common man training will be complete :)
Frosty on the other hand....he is more like the common woman.
strike one...back door slider...common women...ppfftt...the answer was klan women.
MLF59...nice coat a paint KRY...are we taking profits today.
Frosty..."virtual indeed"....
Dwight Shrute...now he is a common man...
Spinny trades the 4x market...Shrute bucks of course.
$ndx 2076....mind the gap...the sooner the better for the bull...spinny handbook rule #1.
Nfl selections.
Browns +4 (ravens can't score)
Rams + 13.5 ( rams can)
and of course
49ers + 2.5 ....they playin the sea-pigeons......it's a lock
Amateur football selections.
Iowa -11
Ole Miss +15
Gtech +3
Oregon st -2
Thanks Bud, for taking Gtech.
Clemson is way overrated. They haven't played anyone. FSU....rofl.
PS...your welcome mav.
GIGM...1234ish...paint gun clog now cleared.
Well, driving to the agricultural coop I was listening to Gene Autry and Hank WIlliams, hence I'm connected to the common man.
And my dog, Krypto, is putting on a demo at the county fair tonight.
Very common man-ish.
Bocephus...country boy will survive...bunker anthem.
Krypto no common dog.
UNH...I like to have a list of go to large cap darksiders....UNH hit the wall...50 handle...bull flag pullback to 50 day failed today...tax loss sales should hold it back the entire q4...a common man's approach.
I sold MS - I didn't like the chart and it doesn't have much dividend. Sticking with BAC, WB, C and JPM. Looking to add to those in October.
CLF hit 90 again. Can it go to 100?
Bud...decent list, just two things...OSU vs UCLA...Ben Davis best d end in the country...Sean Canfeild 6 td 9 int...there is an historic jix that favors the bruins, find another game...the hawks, please, you just talking out your.........
the Rams....ton of points...no steven jackson, more important no orlando pace...the hawks would blank the schedule without walter jones...I doubt they could handle the gmen...ton of points, bottom fishing indeed.
Gonna play golf with the .....uh....common man. greens fees today = 65 bux
let's go mets !!!
die yankees die !!!!
die GOP die !!!!
PS.....and ...well....the sea-pigeons are a joke...so no need to waste any words there.
WST like that rollover today...double gappa below...Spinny handbook....sorry bout' the gmen crack, I meant to say the yets.
rofl..Mariners spending the playoffs on the Wash border fishin for Charlie
...sorry..I meant the Dodgers..lmaooo
$65????....Be careful in that neighborhood Bud...rofl
UCLA vs OSU...Bud ran off like a little girl, typical, without firing back...young lost soles hard to debate...sammie stroughter is also out for OSU, top wr....he is as good as the bungles chad or tj (former beavs)at this point in his career and is a hester type return guy...Bud has no rigor, watch your.......
Spinny, glad I said I was sorry...ppfftt
RIGOUR
MLF59...UNG gappa 37 fill next week and we can start to dig in again.
Mavrick...not in the bunker since afternoon dark meat, BSC rumor day call...how we close them today clemson.
Frostman, redness in my eyes today pass the visine.
more ping pong today. Do the beefers never tire?
as George C Scott and Bunkerman says....we'll grease our tracks with their beefer guts......rofl
QID day hi hit...easy big fella
golly, gold $750.
EDU going parabolic.
Since the Chinese yuan is loosely pegged to the dollar, I'd think Europe would start screaming about the Euro-yuan rate.
Loks like the window treatment guys ran out of money.
TWM hi ..beefers changing unies?
MAV we need to clean up the spinny $ndx 1976 gappa...we alredy discussed that.
Right frostman..slip and slide until Oct 19 then gun em into the close.
I don't see a gap on the Nazz 100 there, frosty. Is that on the futures?
yes Bunkerman...they always fill...I use the QID light or dark, just track the futures.
thanks frosty. I had stopped watching the futures separately from cash since I'm long term only lately.
Krypto showing off at the county fair tonight; Sky & Krypto sheep herding tomorrow; then Spikie & Krypto at agility trials Sunday. I'm definitely going to the dogs hehe ;-)
Bunkerman...great week...now go chase some sheep...have a uno malt and keep the tank between the lines.
Let's get ready toooooooooooooo
TAILGATE. GO TIGERS!!!!!!!!!!!
.. ROCK ME gently, ROCK ME slowly... Take it easy, dont you know That I have never been loved like this before .....LMAOOOOOOO
CYA MUDEE KNUCKLEHEADS!!!
Post a Comment