Monday, December 13, 2010

DJIA Ends Down 24.97 After a deeper Dive

The Dow industrials ended down 24.97 points or .2% at 11178.58 after falling by as many as 149 points, with bank shares being shares being pressured by worries over Ireland. Stocks pull out from morning plunge as tech stock gain, but worries about Ireland, Banks linger. This will turn around just like everything else.

Hedge Funds Raided in probe

An insider-trading investigation shifted into high gear as government agents raided the offices of three large hedge funds. Federal Beurau of Investigations seized documents in three cities as Inside-Trading Investigation widens.The raids helped push the Dow Jones industrial average down about 150 points before a rally left it down 24.97. Financial were hit, with Goldman Sachs Group Inc. down 3.4%.

Rules Eased for Some Health Plans

The Administration offices for Obama have loosened the rules for empty health-insurance policies in the wake of complaints from employers. The action marked one of the administration biggest steps to peel back regulations that big business found onerous under health-care overhaul. Their are close to 1.4 million Americans are covered under mini to medium plans. Beginning in 2011 insurance companies must spend at lease 80% of premium dollars on medical care and quality improvement activities. This figure, know as the medical loss ratio, is 85% for insurers in the large - group market./

Friday, December 10, 2010

Currency Trading

Investors Dump Euro for Dollar! The euro plummeted against its rivals like the yen and American dollar. Both the Yen and dollar rose strongly, the dollar held onto its gains following the release of minutes from the Federal Reserve policy making committee. The Euro was trading at its lowest levels in two months at $1.3370, down sharply from $1.3624 late Monday. The dollar was at 83.17 yen, while the Euro was at 119.19 yen. The pound fell to $1.5782 from $1.5961. The dollar was at .9972 swiss franc from .9901 franc. Investors abandoned the Korean won, pushing the dollar up about 3.5% against the won according to ING Capital Marketers data.

Fears of Domino Effect Pervade Europe

Contagion fears re-emerged in Europe as investors turned from Ireland's debt crisis to dump Spanish and Portuguese bonds. The euro slid below $1.34 for the first time in two months. In the U.S., unease about Europe and the events that Korea combined to push the Dow industrials down 142.21 points. Treasury prices jumped. Spain mounted a campaign to tout its deficit-cutting measures and defend the stability of its banks. From the looks of it they are all screwed I do not know how they can pull an one-eighty in time before Europe goes bankrupt.

sign of war proves false

A Taliban imposter deflated hope of Afghan war progress. Many Western officials are are voicing doubts about the peace process after news that their partner in talks was impersonating an insurgent leader. A new pentagon report says that the insurgency's reach is growing and that the Taliban dominate more territory. A senior NATO officer said the revelation about the talks would not change the countensurgency strategy. This is good news it basically says that the sign's of war is starting to crumble apart.

Wednesday, November 17, 2010

Netanyahu backed the U.S. settlement-Freeze proposal

The Israeli prime minister said he will ask his cabinet to support a 90 day curb on west benk building in exchange for 20 additional U.S. fighter planes. Palestinian officials said they would withhold any decisions on resuming peace talks, which collapsed in september, until they saw the terms of the deal. (An israeli intellegent official warned that without peace peace progress, the palestinian security system could come apart)

Friday, October 15, 2010

FCC Unveils New Rules for Cellphone Billing

The Federal communications Commissions unvieled proposted rules that would require mobile- phone companies to alert customers who are close to exceding limits on monthly data or voice minutes. The alert will be in the form of a txt msg. Earlier this year, the FCC released a study that suggested upward of 30 million Americans have experienced bill shock or have recieved a bill that was astronomicaly higher than they expected. The company have confired that they have recieved 700 complaints about the issue in the first half of the year and 67% of those complaints were about bills be more than $100 dollars or more than expected.

Emergerging Market Currencies Soar

The U.S. dollar is still going down, it is declining against currencies of emerging markets, their are few signs that global financial officials made progress in defusing tensions in talks in washington last weekend. A surprising move was amde by singapore to tighten the policy of acclerated greenback's slide. Even though we are in a good time by bein out of the recession for almost a year now it still has some minor setbacks that still need to be worked out.

Saturday, October 9, 2010

As Gold continues to Rise Traders Make Bets on a Fall

Trader have been predicting an end to this impressive ride that gold has lately. Options traders have two good reasons to buy hedges or specultive plays on a drop in gold, Mr.Wohl said (chief executive of woodlawn advisors). The gold fund's options are relativly inexpesive because of the incremantal gains, which spur drops in the funds option. This article tells me and should tell you to NOT BUY GOLD!

Stocks Slide as Eyes Turn to Jobs

Sticks slipped a little Thursday on concerns that upcomming quarterly earnings reports and monthly jobs data moght disappoint.Better-than-expected employment and retail-sales number limited the decline.Weekly jobs data released Thursday showned the number of U.S. workers filing new claims for jobless benefits unexpectedly fell last week to their lowest level since July 10th. This is enough proof to show American will be fine the economy is comming back and that politicians don't know crap!

Friday, October 1, 2010

God is a resonable First Cause

Regarding Roger Scrutons "memo to Hawking: There's still Room for God. This man was an electronic engineer for over 40 years and he confesed that their are two things that require some unknow force and intellegence to exist. Fisrt mass/energy it can not be created or destroyed the second is uncertanty increase with temperature. if everything was created in a single burst of raw energy at a single point in space. Both of these singularities require infinate temperature at the instantce of creation. That sounds pretty convincing to me.

The Dow Jones

Industrial avg. added 10% in the third quarter, even as economic uncertainty fueled an exoduse of small investores from U.S. stocks. On Thursday, the dow jones lost 47 points to 10788.05 points. that is some great news that means were rebuilding our economy.

AIG,U.S. Agree on an exit Deal;Making It Will Be Tougher

AIG has a plan that could end the bailout sooner than thought but that means selling at lease $50 billion of shares to private investores over months or years, making a easy way out from being far from certain.

Dow Slips 47.23, Closing Strong September

The stock market .4% for the final day of the third quarter which the market ended the strongest in 71 years which is phenominal. Their were major companies that did pretty good companies hits like Catepillar which gets most of their income from overseas fell 1.6% but regained at 31% and johnson & jonhson just fell .6%. This is a great sign for Aerican and the economy.

Friday, September 17, 2010

Obama should pull a Roosevelt

Former Clinton advisor Doug schoen says its time for Obama to pull a Roosevelt \. During Roosevelt first midterm election was followed by a string of five successive democratic congressional victories, not five democtratic congressional defeats. That sentence right there sums up what O bama has to do if he want to do one thing correct that can actually benefit America and the Economy. I agree 110%

China Spooks Auto Makers

Beijing - China's goverment is considering plans that could force foriegn auto makers to hand over cutting edge technology to chinese companies in exchange for access to the nation's huge market. china has a 10 yr plan that will make them world leaders in developing and producing batetry powered cars and hybrids. I totally disagree from this, you have to be on drugs to want this to happen I dont want China to have anymore money or technology.

Push on yen Aligns Tokyo with Asia Nieghbors

intrest vened to curb the yen's rise, its central bank offered the economy another boost by allowing funds generated by the intervention to remain in the banking system. Most asian currencies have strenghthened faster than the chinese yuan, expecially the japanese yen which from june to sept rose a solid 8 %. I agree this can help benifit us with more money circulating it might help our economy also.

FedEx Sees Strong International Demand

FedEx expects to have a strong demand for it's international - shipping serviceto continue through the end of the year, but americans are more carefull since the economy is slow right now. Chief executive said he expects a phase of somewhat slower economic growth going foward than earlier in 2010. I agree, they need to get theri ass in gear if they want to start making money.

Monday, April 5, 2010

A Triple Header

A TripleHeader of 3-D movies helped lift Easter weekend box offic salesto a new record. Clash of the Titans took in 64 million dollars. Its is a little extra help for the economy. The customersdont sem to mind the raised price of the tickets as long as they get a premium exsperience.I think that the next big thing for movies will be for them to be turned into 3-D that is the only way they can keep the prices of the movie tickets.

playboy bunnies multiply collectors loss interest

The playboy bunny has put its logo on random things like tanning spray ,disposible lighter a mattress,a couch and drinks to boost your libido. The playboy company have run out of things to sell now they think slapping their logo on everything can make people buy it. What does it mean from me nothing. I would like a playmate but now that well has dried up. It still can help the economy but they need to find a way through the internet some how maybe playboy computers. Their will always be playboy merchendise sold but they know were to draw the line. Getting back to what will this do for me let me buy sexy merchandise.

Health Bill

The health bill passed by obama is so great people say. I wanna know what the hell is wrong with thier brain? Do they realize the goverment cant give free health care to 350 million people. Do they know that within these upcomming 4 to 6 years nothing will happen but getting taxed up our asses. Do they also know that if they do not accept this wonderfull bill that they will be fined thrown in jail and their life will be cut short because it will cost the gov money? Of course they dont they have their heads up their asses.

ipad,Lines but no shortage

The first day of sales fo the ipad was recorded to be somewere between 60,000 and 70,000 units plus the preorders.the unit number increased from 2.8million to 5.5 million this ipad it drawing new customers. This ipad is the best thing that could have happened to the economy right now. It means people are spending money which hopefully means the economy will slowly start to do a 180.

Does Ms. Palin have what it takes for National officer?

I say that of course she does.People arn't confident in her because they said she is not smart or cant speak. They dont realize that obama had almost triple the time to get prepared and study up on topics. Palin was just thrown into the ring without any coaching or guidance. I am also tired of the press saying why can't the republicans produce a conservative intellectual and is capable of articulating a political philosophy and not having a gut feeling? BECAUSE REPUBLICANS NEED TO COUNTER BALANCE THE LEFT WING MEDIA !! I also believe she knows how to bring jobs back open up slaughtering factories and she have more guts than obama. She wouldn't go to another counrty in the middle of the night and give America a bad rep.

Bank of Mom and Dad Shuts Down

The unemployment rating among workers with a college degree gradually climbs so does the cost of school. White collar workers making six figured incomes are getting laid off. Their is one family that said he wont be able to put his kids through college it will be up to them and the weddings are out of the question. What does this mean for me I am screwed and that maybe for a couple of years things will go back to the way of the 50's were only the rich went to college. Hearing about this I dont know if ill have kids anymore if I wont be able to support myself.

Wednesday, March 17, 2010

Honda recalls Odyssey Vans, Element SUV's

Honda is calling 344,000 Vans and 68,000 element sport utility vehicles. The reason of this is that people said that the pedal felt soft.Toyota says that it will try and recover financially and with our reputation. after it recalled 8.5 million vehicals. Toyota is still far being out of the tunnel. I say Toyota will eventually shut down.

GE plans to raise its dividend in 2011

That is great news for the economy and the future of people spending money. It is also really great for me because I bought GE at $10. You hear millions always taking riskes, I decided to take a risk in the stock market and i'm on my way to a good start.

Obama

In school I come across alot of librales that still stick up for thier boyfriend Obama. I think he is a smart man but a horrible leader. I bring up valid points like we must bring back facktories to bring back jobs, or he needs to stop taxing businesses and clasing more jobs thier also how the debt we owe did not all come from China majority came from our Feral Reserve. I am tryinf to show that we will be fine why because our economy is the only economy that stays stable. I say Bring back Bush I never wanted him out,or bring in McCain to fix all his promises

Living with the Electric Car

Everyone is saying that the electric car will be the next big fade. I say that is a load. We wil never use an electric car, not when we have the largest natural resource of nataural gas and oil on the west coast. The libral hippies are so stupid with thier pot and flowers I say either send them to an other counrty to see how far thier life styles keep them alive or use them as shield for our men and women in the military.

Let Me tell you why I'm Madd

I am mad that all the loser people that have not accomplished anything in their life and are stuck in dead end jobs. I am madd because they all try and make us the scape goat for the way thier lifes turned out. I dont know why they lable us as a the "ME" generation when I am trying to look for jobs just as hard as other people, when I am at class before anyone else and I do all my work to my best ability!! I guess you cant fix ingnorance. I will prove them wrong as I always do !

Friday, February 26, 2010

Lowe's Net rises 27% Amid upbeat Outlook

Lowes is doing fine with keeping sales up. Even with major purchases toping $500 fell 1% from 1 year earlier. improving from a 10% decline. In addition Lowes purchased $500 million or 21.9 million shares of stock during the quarter. If the people that say america and the economy is in trouble they should read a paper.

India Funds Paying for Fee Change

Investores soured on India mutual funds after direct fee payments began, industry agents protested regulatory change last summer in New Delhi. The effect of this os that indian stock funds have nearly stopped. I am amazed how everything over thier is going down the crapper things are not looking good economic/sales wise all over the world. I guess for them things need to get worse than get better.

Apple ipad Boots up for Accessories Makers

The new ipad has come out guess. The ipad will help the market grow further I believe, the prices of them will range between $499 to $830. It has a 9.7in screen,no keyboard and a wireless internet hookup. I think it is a fantastic idea for people that are not organized, for people in careers and it simplifies all the old technology into one neat notebook size case. When people say what will we be using in the future the answer is already here its the ipad.I am excited to see how it does.

Police arresst Amputee in bombing attempt

I read that an amputee that was missing both legs was arrested thursday in a new york city train station and planted a bomb. The police were able to locate the bomb before detonation. The bomb was a bag of small exsplosives wraped in shotgun shells with bullets. This proved anyone is capable of commiting any violent act.

U.S. to Slow Iraq Pullout if Violence Surges after Vote

The U.S. have said that they wont pull everyone out of Iraq by the summer. Thier can be a few squads thhanging back.The troop level in Iraq is supposed to fall 50,000 by the end of August the rest are supposed to leave by the end of 2011. I say its time how can you fight anybody that fights like cowards hiding in thier caves also we have trained many of the people to take care of themselfs. Of course it is all up to the Iraq leaders to assemble thier goverment and become stable.

Back to Basics for Toyota

Toyota says that they will be returning to the basics to prove everyone thier commitment and show everyone thier will to change. One way is that they have come up with a new "Smart Pedal" braking system that will cut engine power when the accelerator and brake pedals are both engaged. I personally think that peopel might think that this is a good idea but the smart compututer in the steering wheel they say is what is causing all these problems. I believe thier on the right track but I would say its a lityle to late for them.

Friday, February 19, 2010

New Jobless Claims rise 31,000

Rhe U.S. jobless survey says that the number of jobless people rose from 31,000 to 473,000 during the week of Feb. 13. The 31,000 increase increased largly reverses a 41,000 drop in the prior week that now have jobless concernes at a high rate. T o smooth violatility in the data, fell by 1,500 to 467,500 from the previous week's 469,000. Also claims drawn by workers for more than one week were unchanged at $4.6 million for the week of Feb 6. In a seperate gov. report thursday showed that U.S. wholesale prices accelerated higher than expected at 1.4% in Jan compared to december. Also the price of gasoline rose 11.5%. I guess things need to get worse before they get better.

Fed Surprises Markets with Bank-Rate Increase in Bank Loans

The Fedreal Reserve decided to raise the rate it charges banks for loans. Doing this the Fed action also gave a boost in the U.S. dollar even against the weak Euro. Which increased from $1.3518 to $1.3613. Also gold prices droped $11 to $ 1.112.70. The market is now at a 28% chance of increasing by the end of this year. I dont know what to think of this move

Thursday, February 18, 2010

Tiger Woods to Break Silence

Tiger Woods is set to talk about his behaviorand disgusse his plansfor the future. The day after Thanksgiving when he was injured after crashing his Cadillac into a fire hydrant and a tree at 2:25 am . Tiger Woods has taken a three month break from golf also sponsors like AT&T, Proctor&Gamble and Louis Vuitton have seperated themselves from the golfer. It will be interesting to see how he proforms and how the crowd accept him on his return.

U.S. to probe Toyota Corolla Streering reports

Toyota has said that they have put a halt on eight of the U.S. models. The news came as the company's president Akio Toyoda said he wouldn't be appearing at the U.S. hearing next week and will send a deputy. Also this problem has affected so Lexus models.They also expected that 70 to 80% of the cars will be fixed by the end of February after a recall of 437,000 vehicles were recalled. He said they will come back to the basics of once again. I gotta say they wont this problem was to major to turn around and give them a second chance !

Joe Biden,s Iraq 'Achievement'

Joe Biden said in an interview with Larry King live decided to take credit for the success of the surge he opposed. He said he was responsable for the 90,000 troops that should be comming home by the end of summer. I say that is a bunch off BULL *#!@. He would have the back bone to attack Iraq to bring the troops back,he is just a libral little girl that would be politacly correct so he wouldn't step on any toes another genius in the white house.

Thursday, February 11, 2010

Sales class- Toyota takes another Hit as Prices Fall

Last week Toyota estimated the company will sell about 100,000 fewer vehicles vehicles because of sales hault and recalls. Toyota said that the lost of vehicles would be about 180 billion yen. That is somewere around 2.1 million dollars. Here are a list of cars that gives back cash rebate Tundra- $3,000 Yaris- $1000 Avalon- $ 0-1000 and Camry- $0-750 are some of the cars that are among many to take that will be guving money back.
An executive from Toyota Motor told the press that U.S. dealers are repairing 50,000 recalled cars a day. They also promised the sticky pedal would last a lifetime. Bob Carter general manager of Toyota told that already 220,000 U.S. vehicles as part of the global recall and production is at a hault by a faulty gas pedal. The latest progress came tuesday when Toyota recalled more than 400,000 of the prius and hybrid models. I have to say their screwed !!!

Intro to Sales- Toyota takes another Hit:Prices Drop

The prices Toyota Motor Corp.that they get for the cars is one of the most major recalles in Toyotas history. The Japanese have been able to controll higher prices than the Detroit motor makers like GM,Ford and Chrystler. That means nothing now since they need to defend their reputation for their lack of quality control. I say we will never see them again !

Intro to Business- NBA's Locker-Room Nerds

Many athletes now days like to fight it's not about money or playing time its about Books. Many players like to read books on history or action before tipoff instead of listening to thier ipods and CD's. I think its great that they read even though they have millions and can buy expensive electronics to entertain them.

Intro to Businees-Tape-Delayed Olympic Contests Annoy the World

The NBC company says that it will have fewer delayed tapings than in previous years. They do want to tape certain events like skating and skiing and show them later during primetime. The taped delay is a delemma facing NBC which is expected to loose $250 million on the winter Olympics. I think it isn't the best idea right now to lose money while our economy is in the SHITER !! Why waste money on T.V. while you can put it into openining businesses and bringing in jobs.

Intro to Business- (opinion)Trimming the Fat

Lately thier has not been anything positive to say about the Obama Administration. Thier is however something that the first lady came up with, its all about condencinging the childrens waistline in America. Nearly one of three children are overwieght and obese which is terrible but also two-thirds are also overwieght. Obesity has tripled since 1980 raising almost 18%. The administration wants $10 million dollars to supply more nutritous foods at schools. I personally believe its a fabulous idea to get the youths physical attributes turned around.I think maybe $10 million dollars is a bit excesive.

Tuesday, February 9, 2010

Intro to Business- Restaurants Designs Make Eating Out Noisier

People when they go out they want a quit dining experience. The experts have many answers to the problem like sit in alcoves,avoid the bars and kitchens and no carpet or boxy dementions. I think all restaurants should be designed this way its brilliant useually you need to scream like your at a concert.

Intro to Business - Oil Rises 3.8%as Bull Sieze Reins

In the news it talks about oil rising pretty decent. In March the delivery Of Oil rose $2.80 which they say is about 3.8% and settled at $77.23 a barrel. Their is some good news about the oil market is correcting its weak points, like prices have dropped more than $10 a barrel since it was a high point at $83.95 a barrel on jan 11. The numbers have been good in the past and hopefully will be at a set-point.

Intro to Business - How to Destroy American Jobs

I have a question for all of you How do you Destroy American Jobs? Simply if you read the Wall Street Journal is has the answer " Obama wants to increase the tax burden on the U.S. - based Multinationals would harm our most dynamic companies". To put it into simply terms doing this would not create American jobs they would destroy them. Once again thank Obama !!

Intro to Business- Toyota's U.S. Chief is on the Hot Seat

The executive of Toyota Yoshimi Inaba is getting ready to face the congress to talk about the saftey of Toyota's. I want to know why pretty much all of the other car dealerships like BMW,Nissan and Chrysler all have a special system that cutts off a car's throttle if the driver hits the gas and brake simutamulusly for years and they didn't bother spending the money for it ? Toyota is now saying that its all about the floor mates jamming under the pedal.CHILD PLEASE. they know they are done and now their just taking shots in the dark to save their asses !

Intro to Business-Argentina Seizes Central bank

It says in the paper how the Argentina president I guess basically owns Central Bank. I don't even know if this president even went after Central Bank for positive purposes or if it was a desperate grab to help her chances to stay in power?As it say in the paper I dont think Having a bank will grantee her reelection in 2011. I think shell will need to increase the government spending. If you read about this topic I have to say that she is in it for the power and money. I also feel safe having another country run and American business.

Intro to business- Pedal Maker says its not to blame

The national Highway Traffic Saftey Administration says that the Toyota pedal problem occurs when vehicles are moving at low speeds and that does not make the cars accelerate out of control. Toyota has now recalled 2.3 million vehicles in the U.S. , they also recalled cars from Europe,Russia and China. Toyota also denies the computer malfunction that might be contributing to it. I have to say that they are feeding people bull crap they have to know what is wrong by now and if they dont they just scwred themselfs and will vanish from the car industry for ever .

Intro to Business-China Hunts for Tons of Tainted Milk Powder

The Chinese authorities say that they are trying to track down about 100 tons of tainted milk powder that has industrial chemical melamine that killed 6 children and sickened 300,000 people in 2008. I wonder if China still doesn't know why the world laughs at them for their know quality control.

Inro to Business- Opinion,Gays in the Military

It says inn the paper how the military wont accept anyone who is gay. Tiier are some solid examples on the policy of "dont ask dont tell" like "ending this policy is the major Civil-Rights cause of our time or " Dont ask, dont tell is the moral equivalent of the military's policy on racial segregation". I honestly believe what the hell,why not thier getting married they already have the same rights as straights. I say let them.

Opinion page - Bush Was Right, Says Obama

President Obama sat down with Ms. Couric sunday to talk about his progress of what he is doing. In the interview Obama basically said that they are doing the same things that the Bush administration didand that " were not handling any of these cases any different from the Bush administration". For all you Liberals out they you can take this post and shove it because you know nothing !!

Friday, February 5, 2010

Superbowl

All week long I have heard people debating on the superbowl. Thier have been equal points made by each fans. I thought it is about time to clear the air. I am going to tell all of you who will win. The Saints. Why because they are 1st in touchdows scored, 1st in points per games, 1st in yards per game and 1st in passing touchdows with a steel curtain defense. So if you think that the Colts will win I have two words for you "Chil Please"!

Intro to business- business-Morgage Rate on a 30-Year Rises to 5.01%

New York says that home morgage rates rose this week on an average on 30 year fixed rate back above 5% according to Fredie Mac's survey of morgage loans. Also morgage applications for home purchases jumped 10 % . After reading this I dont know how people are supposed to find housing in this economy while housing is going up and the economy is consistantly dropping.

Thursday, February 4, 2010

Obama's space funding

Today in the Wall Street Journal it talkes about how Obama increased NASA's funding by 2% and he cut manned space flights.He wants to send robots into space rather than humans. I think this is the DUMBEST idea ever I mean astronauts contributed a major part to Astronomy. I can not believe we gave this guy a freakin Nobel Peace prize !!!!!!!