US market up for the second day and almost up by 470 points in 2 days session , that is really big , the market rose because most of the results that came out for 2 days came out with good and better than expected results , and the Crude Price Dip is also giving [...]
Sorprendentemente el Dow Jones hizo una descarga desde zona de elevada sobrecompra en corto plazo y está subiendo nuevamente hacia la directriz bajista que viene desde los 13.136. Superó una directriz bajista intermedia que indic&a...
Con el Ibex en positivo y el Dow Jones dudando, ya hemos visto los máximos del día, no esperen más. Hemos acertado y el Ibex llegó a 11.708 y se retrajo al llegar a la media que comentábamos en ...
Con los gráficos horarios en el Dow y en el IBEX a tope y no solo en gráficos de 60 minutos sino en gráfico de 120 minutos en "99" de sobrecompra en el Stocástico, el desenlace está a minutos. Estamos a puntos...
As you know I've been short DIA for about a 7 weeks. I just wanted to update where my protective stop is which is right above last week's high.
I also feel there is a buying opportunity in the very near future and I have a list of ETFs and groups that I feel might be worth buying. I'll share this list with all of you if and when the market firms up a bit but for now I'm riding this downtrend.
Dow Jones, 1/2 of Tha Bizness has just released a Problem mixtape as part of the Deal or No Deal series. Part 2 entitled Universal Cut The Check is now available for y'all to check out. Problem recently signed with Universal Republic and hails from Compton looking to make his mark in the West Coast rap game. Click on the cover art to download and the back image to view the tracklisting.
By CNBC.com 02 Jul 2008 10:22 AM ET Investors should ignore recent signs of strength and face up to the fact that we will face a prolonged bear market, John Carter, president of Trade The Markets, told CNBC Wednesday."Longer term we’re looking at a market that is a bear market," Carter told "Squawk Box Europe."While we can expect a rally over the next three to five weeks, this is a downward spi
DOW JONES NEWSWIRES
Stock-index futures point toward a sharply lower opening for Wall Street Tuesday,
with a steep fall in Europe and continuing worries about rising oil prices
expected to start the third quarter on a negative note.
Dow Jones Industrial futures were off 111 points to 11228.
S&P 500 futures were down 13 points to 1268. [...]
On Thursday 26 June 2008, Dow Jones Industrial Average (DJI) crashed and fell almost 360 points after crude oil futures rose sharply passing above $140 level and was told by OPEC president Chakib Khelil that crude oil prices could go up to $170 per barrel this summer. Dow loses extended to Friday when it dropped 106.91 (-0.93%) to close at 11,346.51. DJI lowest level of 11,634 in Jan 2008 was take
The Boom is likened to an Uptide.
The Recession is the Downtide.
Now the Sensex has fallen from a high of 21232 and it now a Downtide. The subprime in the US, the rising price of crude, India’s deceleration, the rising rupee - all these are factors that led to the Downtide.
The Downtide is very dangerous. Look [...]
The stock market got hit again today with the dow jones industrials falling 220 points. My first downside target was almost reached this afternoon as can be seen in the above chart. If the dow can sell off just a little bit more, I will exit two thirds of my short position.
I still have some Q's long and my protective stop is below last week's low. The NASDAQ in my opinion is still holding up
Technical Analysis alone cannot identify the initial primary trend and thinks that the start of the Primary Bull Market is a bear rally. Conversely the start of a Primary Bear Market is seen erroneously as a bull decline. Stock Market Astrology sees these initial points in an intuitive flash ! It is clear that Predictive [...]
May 08, 2008 GMT 03:41 EUR/USD Today’s support: - 1.5274 and 1.5255(main) , where correction is possible. Break would give 1.5212, where correction also may be. Then follows 1.5190. Break of the latter would result in 1.5166. If a strong impulse, we would see 1.5141. Continuation will give 1.5122 and 1.5108.Today’s resistance: - 1.5348 and 1.5390(main). Break would give 1.5413, where a correction is possible. Then goes 1.5444. Break of the latter would result in 1.5468. If a strong impulse, we’d see 1.5477. Continuation will give 1.5492. USD/JPYToday’s support: - 104.42 and 104.13(main) . Break would bring 103.92, where correction is possible. Then 103.66. If a strong impulse, we would see 103.47. Continuation would give 103.28.Today’s resistance: - 105.11, 105.32, 105.6
EUR/USDToday’s support: - 1.5618 and 1.5603(main), where correction is possible. Break would give 1.5589, where correction also may be. Then follows 1.5568. Break of the latter would result in 1.5542. If a strong impulse, we would see 1.5521. Continuation will give 1.5483.Today’s resistance: - 1.5669 and 1.5688(main). Break would give 1.5702, where a correction is possible. Then goes 1.5719. Break of the latter would result in 1.5736. If a strong impulse, we’d see 1.5751. Continuation will give 1.5772.USD/JPYToday’s support: - 104.30, 103.95, 103.73 and 103.47 (main). Break would bring 103.16, where correction is possible. Then 102.80. If a strong impulse, we would see 102.64. Continuation would give 102.48.Today’s resistance: - 104.95 and 105.19(main), where a correction may h
En la web podeis seguir las cotizaciones y todas las posiciones de compra y venta de cualquier valor de Dow Jones, Nasdaq o S&P 500 de manera totalmente gratuita y sin registrarse. Para entrar en la web lo podreis hacer directamente siempre que querais pulsando en la pestaña TR Nasdaq de las situadas bajo el titulo del blog.En el FORO os he puesto los
EUR/USDToday’s support: - 1.5873(main), where correction is possible.Break would give 1.5844, where correction also may be. Then 1.5815. Break of the latter would result in 1.5797. If a strong impulse, we would see 1.5774. Continuation will give 1.5753.Today’s resistance: - 1.5952, 1.5964 and 1.5996(main). Break would give 1.6010, where a correction is possible.Then 1.6031. Break of the latter would result in 1.6047. If a strong impulse, we’d see 1.6068. Continuation will give 1.6082 and 1.6100.USD/JPYToday’s support: - 102.15(main). Break would bring 101.94, where correction is possible. Then 101.65. If a strong impulse, we would see 101.48. Continuation would give 101.26.Today’s resistance: - 102.84 and 103.05(main), where a correction may happen. Break would bring 103.28, whe
April 17, 2008GMT 06:21EUR/USDToday’s support: - 1.5896 and 1.5873(main), where correction is possible.Break would give 1.5844, where correction also may be. Then 1.5815. Break of the latter would result in 1.5797. If a strong impulse, we would see 1.5774. Continuation will give 1.5753.Today’s resistance: - 1.5964 and 1.5996(main). Break would give 1.6010, where a correction is possible.Then 1.6031. Break of the latter would result in 1.6047. If a strong impulse, we’d see 1.6068. Continuation will give 1.6082 and 1.6100.USD/JPYToday’s support: - 101.22, 101.03 and 100.82(main). Break would bring 100.56, where correction is possible. Then 100.37. If a strong impulse, we would see 100.11. Continuation would give 99.94.Today’s resistance: - 101.96 and 102.18(main), where a correc
End of the uptrend?
“As we saw Thursday and Friday, the uptrend for stocks is over for now, with the market now reacting to earnings and unable to break out of its recent trading range,” said Hinsdale’s Nolte.
Investors have also been betting that a U.S. economic recession would be shallow and brief. Yet, uncertainty over [...]
Let’s First Have a Look at Indian SensexSensex touched the Figure of 1000 in July 1990In July 1990 17.4 Indian Rupees Could Buy 1 DollarNow Suppose an US investor wants to buy 1 Sensex in 1990 he could buy 1 Sensex for 57.47 DollarsNow Suppose He sells that 1 Sensex in 2008 at the Sensex top of 21206 and 39.2 Indian Rupees able to buy 1 dollar, he would get 541 DollarsNow Lets have a look at Dow JonesWhen Sensex touched a figure of 1000, Dow Jones was trading at around 3000Now Suppose Indian Investor wants to buy 1 Dow Jones then he would require 52200 Rupees for the same.Now if the Dow Jones is sold in 2008 at an all time high until now of 14297 when 39.2 Rupees can buy 1 Dollar, his returns are 560442So in the Long term both the Indexes have given similar returns with the only differen
US Market surged Tuesday with Dow almost closing just near to 400 points on the first day of the new quarter, The investors are in a mood that the companies hit hardest by the credit market crisis seem to be working through the problems.The Dow Jones industrial average (INDU) [...]
US Market for the whole day was in green and infact went to triple digit gains , But finally the Dow Jones industrial average (INDU) added 0.4%. The broader Standard & Poor’s 500 (SPX) index gained 0.6% and the Nasdaq composite (COMP) gained 0.8%.
Moving the Market
>Treasury Secretary Paulson outlines financial regulation overhaul,
includes giving the Federal [...]
Análisis y gráficos del EuroStoxx 50, Dow Jones 30 y S&P 500 a 29 de Marzo de 2008. Pincha en las imágenes para ver los graficos ampliados.
Que duda cabe de que a dia de hoy el Ibex 35 es uno de los indices que mejor aspecto tecnico presenta, y eso que todavia genera dudas al no haber podido con los 13.600 puntos, pero la verdad es que sigue a menos de un 2% de darle la vuelta a la tendencia
March 25, 2008GMT 04:59EUR/USDToday’s support: - 1.5511 and 1.5490(main), where correction is possible.Break would give 1.5462, where correction also may be. Then 1.5345. Break of the latter would result in 1.5312. If a strong impulse, we would see 1.5288. Continuation will give 1.5273.Today’s resistance: - 1.5592 and 1.5628(main). Break would give 1.5657, where a correction is possible. Then 1.5683. Break of the latter would result in 1.5694. If a strong impulse, we’d see 1.5712. Continuation will give 1.5727.USD/JPYToday’s support: - 100.10 and 99.92(main). Break would bring 99.96, where correction is possible. Then 99.42. If a strong impulse, we would see 99.23. Continuation would give 99.10.Today’s resistance: - 101.13 and 101.28(main), where a correction may happen. Break
There are some patterns which almost all Major World Indices have followed in Bull Market has well as Bear Market, since my opinion is we are in a bear market lets elaborate on the patterns in Bear Market.Pattern of US Dow Jones Industrial Average in the Biggest Bear Market ever, the era of Great Dep 1929 -The Dow Jones topped out at 386 in Sep 1929, it is said that this was an era when everybody believed that markets are made to rise forever, be in the green always, never drop and go in the red. The bottom was at 41 in Jul 1932 breakdown of more than 80% in 3 yrs.Now let’s look at the big downfalls, rallies and consolidation phases that happened in this bear marketThe Dow Jones fell from 386 in Sep 1929 to 320 in Oct 1929 app 16.6% from the top which everyone might have thought is a cor
Reacting to news of yet another rate cut by the Federal Reserve, Wall Street soared high on Tuesday, sending the Dow Jones Industrial average up by more 400 points today. Helping the surge were better than expected numbers from big banks Lehman Brothers and Goldman Sachs, which momentarily eased the concerns after the collapse [...]
Dow Jones up by 416 points , i dint expect 416 it was like 200 points at 1.00 or so , anyway its good news for all the global market.On Tuesday, the Dow, S&P 500 and Nasdaq posted their largest one day percent gain since 2003 on the announcement of a coordinated central bank effort to [...]
March 07, 2008GMT 06:20EUR/USDToday’s support: - 1.5345, 1.5312 and 1.5288(main), where correction is possible.Break would give 1.5273, where correction also may be. Then 1.5256. Break of the latter would result in 1.5231. If a strong impulse, we would see 1.5213. Continuation will give 1.5192.Today’s resistance: - 1.5427(main). Break would give 1.5444, where a correction is possible. Then 1.5466. Break of the latter would result in 1.5480. If a strong impulse, we’d see 1.5501. Continuation will give 1.5510.USD/JPYToday’s support: - 102.36 and 102.09(main). Break would bring 101.70, where correction is possible. Then 101.44. If a strong impulse, we would see 101.28. Continuation would give 101.03.Today’s resistance: - 103.05 and 103.54(main), where a correction may happen. Bre
Wall Street saw one more bloodbath day on Friday. The bloodbath day was more with the concern of economic worries. It seems like the Wall Street has granted that the recession is almost entered or at the door of the US economy.
If for time being we grant that the recession has almost entered and it is affecting the US economy then we should also conclude that this market will lack investor. If
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Dow Jones did not invite Google.
Dow Jones, the parent company of the WallStreet Journal(News Corporation, Murdoch) did not invite Google to the Dow Jones Industrial Average (DJIA), while smaller companies were. Canadian Globe & Mail has an interesting article regarding this.
“On the surface, this seems odd. Google, after all, is the world’s [...]
Les Hinton, a senior executive as News Corp (NWS) has been named the head of Dow Jones (DJ). Times of London editor Robert Thomson has been named Publisher of...
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Two days ago, I wrote
Dow Jones 13,252. Not All Clear Yet. I said “the surprise move is non-existent, so this 300 points rally may reverse by Friday. Second, if this move does not continue tomorrow with a close above 13,260, it will reverse by Friday or Monday, and the next move will continue to be down to below 12,500.” Bernanke read the article and yesterday he reinforced the idea that the Fed will cut interest rates (the surprise move). Besides, the Dow never closed below 13,260, which erased the bad vibes for a violent pull back. thebankruptcynewsdotcom
Today the Dow is pulling back a little, and this pull back may last between 2 and 8 days, but the window of opportunity for the bears is closing fast. I do not see the Dow going now to 12,500 in a violent fashion. The Short Term Bear Feast I announced in October is coming to an end, and the Christmas rally is approaching. The Fed meeting in December 18 should consolidate the rally.
The Dow gave a technical long-term bu
I'm just in a good mood towards the end of the day. Why? Because the stock market soared. Analysts are saying, it's because of an impending decrease in interest rates which of course, remains to be seen.Whatever it is, gains like this definitely boosts our investments. As it is, Citi stocks has been really down brought upon by internal issues within the firm. There are a lot of rumors going around as to the next steps and changes to take place firm-wide probably globally.Just hoping the market continues to rally in the next few days. We need a good breather. It's a real good reason to smile.
Last Friday I wrote that the
Dow Jones was Ready for Next Leg Down. I said that “baring a surprise move from the Federal Reserve next week, the next meaningful movement for the Dow should be below 12,5000“. Today we had
the surprise move and the Dow rallied almost 300 points. thebankruptcynewsdotcom
I will add here two notes of warning. First, the surprise move is non-existent, so this 300 points rally may reverse by Friday. Second, if this move does not continue tomorrow with a close above 13,260 it will reverse by Friday or Monday and the next move will continue to be down to below 12,500. Hopefully, the
Short Term Bear Fest that I announced in October 12th was starting, is coming to an end. Unfortunately, if it is already coming to an end, it is because of speculative hopes and increased liquidity, which will bring us tons of problems two years from now.
Tags: debt, dow, dow jones, dow jones industrial average, fed, Federal Reserve, liqu
Two weeks ago, when the Dow had fallen about 1000 points, I said that the
Dow Jones at 13,099 should see a rest. I expected at least two flat weeks and we had them within less than 1%. As I write this the Dow is at 12,930.24 (0.98% lower than the 13,099 I detected as a possible stop for the fall). thebankruptcynewsdotcom
Baring a surprise move from the Federal Reserve next week, the next meaningful movement for the Dow should be below 12,5000 (about 4% down from here). The Federal Reserve will intervene to protect America’s economy in times of war.
As I mentioned in
October 1st, I am expecting the Dow to double its price in dollars in the next 2 years. I also expect that to be an inflationary move, not sustainable and based on the feedback mechanism that feeds all inflationary human activities. Basically, a bubble. After that bubble, we should see real economic trouble.
Theoretically, as the value of the dollar tends to 0, the amount of dollars needed to sustain economic activ
Last Friday I wrote that the
Dow Jones at 13,099 should see a rest. I pointed out that some statistical barriers had been broken, and that the fall should stop around there. I was wrong by 0.6%, but not much more. And then, on Tuesday, we had this huge run rally of some 300 points. I did not expect it, I must confess. I announced and expected a flat week. And then, the Dow lost most of the rally gains between Wednesday and Thursday. What a weird way to go flat… thebankruptcynewsdotcom
As I write this on Thursday, the Dow is at 13,110. Barring a surprise government move (rate cut, or any other measure to inject liquidity into the markets) the next meaningful move should be down to re-test September lows. Next week is Thanksgiving Week in the US so I would expect more flat (”volatilely” flat perhaps?) markets until after Black Friday, which may bring or not bad news from retailers.
If the retailers’ news is good it will be due to the injection of liquidity into
On November 18, the Wall Street Journal (WSJ), published by Dow
Jones , is sponsoring a conference in the United Arab Emirates (UAE) on "Islamic and Ethical Finance" to
"examine the huge opportunities presented by this high-growth
sector". The Wall Street Journal's "Chief
Shariah Officer" for this November 18 conference is Shaykh Yusuf Talal
DeLorenzo, who has worked for the pro-Wahhabist International Institute of Islamic Thought (IIIT) organization and who was secretary of the Fiqh Council of North...(read more)
Wall Street got a much needed boost on Tuesday, bringing the Dow Jones industrials nearly 320 points higher. The change was welcome by investors and consumers alike because the rally was sparked after reassuring news from Goldman Sachs Group Inc. quelled some of the market’s worst fears about the credit crisis and the economy. [...]
Wall Street got a much needed boost on Tuesday, bringing the Dow Jones industrials nearly 320 points higher. The change was welcome by investors and consumers alike because the rally was sparked after reassuring news from Goldman Sachs Group Inc. quelled some of the market’s worst fears about the credit crisis and the economy. [...]
Yesterday’s fall broke statistical boundaries and the DJ rallied. Today’s fall created a new statistical boundary and broke it. Next week we should see a week of basically flat movement. The next down move should be to around 12.500. thebankruptcynewsdotcom
I still think this is a short term move, and that the Fed will inject more liquidity responding to a climate of fear and fear mongering. My guess is that the Fed will cut by .5 points, both rates.
There may be other measures by the government to inject liquidity into the economy. At this time the administration is a money junky and each fix will need a bigger fix the next time. At some time, not yet, the economy could suffer an overdose. Depending on the speed of the process that may be the task of the next administration, I am not sure yet about that.
The economic deterioration process seems to have entered its exponential phase. Things that were expected in the near future, are already happening. $100 oil, reduction o
In October 22nd we said that the DJ was in for
400 to 600 more points of pain. Since then the Dow Jones went up a little and down a little, a lot of nothing happened until today. thebankruptcynewsdotcom
I still expect the Dow to go down to around 12,600 with a lot of noise and fear mongering.
I am publishing soon the second part of the article the Real Economy. Things are much worst than seem by reading the Wall Street media, but for different reasons. I still think that our problems are not a short time recession or the current high price of oil. Our problems are the future runaway inflation and the future high price of oil: it may double or more from here within a couple of years.
^DJI: Basic Chart for DOW JONES INDUSTRIAL AVERAGE IN - Yahoo! Finance
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Tags: bank, dow jones, dow jones industrial average, Economy, fear, fear mongering, inflation, oil, price of oil, recession, runaway inflation, wall street
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Wall Street plunged today as investors found themselves between a proverbial rock and a hard place. The rock is an end to interest rate cutsby the Fed and the hard place is a slowing economy that is teetering on the border of a full blown recession. As if it’s any suprise, that after the last [...]
Wall Street plunged today as investors found themselves between a proverbial rock and a hard place. The rock is an end to interest rate cutsby the Fed and the hard place is a slowing economy that is teetering on the border of a full blown recession. As if it’s any suprise, that after the last [...]
As my heading says it, the Dow Jones showed a huge drop on it's chart with a long black shaven candlestick. A drop of 2%+ for the latest closing is bearish since drops of 1% is common in the volatile markets recently. The drop was accompanied by very heavy volume for the past few closings and this is very bearish too.So what can happen on monday ? Given that the drop for the DJIA occured on friday and we had a break of 2 days over this period, we will know it 1st hand whether the market sentiment has change by seeing whether the Straits Times Index will open with a gap down. But things are complicated since in recent weeks, STI dun seem to be following the movement of the DJIA. But i do tink that STI will tank on the opening on monday. Well i can be wrong too.On a personal note, i been looking to this correction. I have been sitting on the sidelines for quite some time already ever since the market turn volatile and bearish divergences was spotted. Only when a correction happens, den
Chart courtesy of stockchartsDow Jones industrial average rose 91.70, or 0.66 percent, to 14,066.01. The blue chip index set a new trading high of 14,124.54, topping a high of 14,115.51 set Monday, when the index also saw a record close at $14.066. Let's profits run....Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.That's All. Have a nice evening !!!AC
Her på Stockblog.dk omtalte vi går de såkaldte “psykologiske milepæle”, som aktie-indeks ind-i-mellem passerer. Det skete i anledning af, at Dow Jones-indekset forleden passerede indeks-kurs 14.000 igen og satte ny rekord. Se indlægget: Aktier: Om de runde, psykologiske milepæle. I den forbindelse har mange stillet spørgsmåls-tegn ved værdien af disse indeks-rekorder. Det gør vi også her på bloggen.
I år 2000 blev værdien af netop Dow Jones-indekset problematiseret af John B. Shoven og Clemens Sialm i rapporten “The Dow Jones Industrial Average: The Impact of Fixing Its Flaws”. Standford-forskerne problematiserde de forhold, at Dow Jones-indekset er et prisvægtet indeks ud fra aktiernes kursniveau - fremfor markedsværdien. Samtidig tager indekset - ligesom de fleste andre toneangivende indeks som S&P500 og OMXC20 - ikke højde for værdien af udbetalt udbytte.
Dow Jones-indekset lukkede ved udgangen af 1998 i indeks-kurs 9.181,43. Men havde m
The Dow Jones industrial average jumped 192 points to end at an all-time high of 14,087.55. Earlier in the session, the Dow had hit 14,115.51, a new record intraday high. The previous intraday high was 14,021.95 from July 19.
Dow Jones yükselişle kapadıNew York Menkul Değerler Borsası, günü yükselişle kapadı.Borsanın temel göstergesi olan Dow Jones, 99,50 puan artarak 13,878.15 puana çıkarken, teknoloji endeksi Nasdaq da 15,58 puan yükselişle 2,699.03 puandan günü tamamladı.
Dow Jones düşüşle kapattıNew York menkul kıymetler borsası günü düşüşle kapattı.Dow Jones endeksi 61,13 puan düşüşle 13.759,06'dan, Nasdaq endeksi de 3,27 puan düşüşle 2.667,95'den kapandı.
Having written about this a few weeks ago, in an article that was referenced by Slate.com, it should come as no surprise to readers of this blog, that Rupert Murdoch has succeeded yet again in his quest to increase his media empire. It was announced officially this afternoon - see the WSJ article (may require a subscription) There is some concern about the various assets of Dow Jones & Co remaining neutral, if that is what they have been in the past. Perhaps they will even move farther to one side after a while. There is also talk of some of the assets being sold off to accelerate the recovery of the $5 billion paid by News Corp. Not every family member was happy with the deal but enough were willing to go along and for News Corp. that was good enough. There were symbolic resignations from the board, the Wall Street Journal, and other properties. Perhaps they should have waited as many received change of control additions to their contracts in June. (the picture for this blog is an
Dow Jones decides tomorrow whether to sell the company to Rupert Murdoch’s News Corporation. If you don’t want to see the pinnacle of journalistic integrity that is the Wall Street Journal turn into something akin to Fox News, do something about it.
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Weakness today is attributed to speculation that Murdoch will pull his offer. I have no position in this one and taking a wait and see attitude. Murdoch wants the Wall Street Journal brand in the worst way, but he's ultimately a control freak and the Bancroft's are likely to make demands that Murdoch will find too onerous. Also, I hate the spreads on the options in DJ - a bunch of creeps are making a market for those options and are pretty much trying to keep as many people out as possible. They've set up what are known as 'roach motels' across all strata of the put options chain where you can get in for a high price, but forget about getting out. Then again, can you blame them? Their quiet little world was turned completely upside down after Murdoch appeared with his offer and the calls went through the roof.
Foreign exchange markets are well outside of my circle of confidence—it’s like voodoo to me. Other than the certainty of a U.S. dollar collapse in the long term, I don’t know how to value currencies like stocks. Because of this, take this post as a pointer to an interesting phenomenon, not investment advice or ideas.
In [...]
The plot thickens. Tierney expresses interest in Dow Jones. The more time that ticks by, the more progress the union can make in seeking an alternative to Murdoch. Granted, Murdoch can keep his heels cool and wait to see if a genuine second bid is made, but as time drags on it also delays completion of a deal and rollout of his business channel. I remain long in DJ
The story gets more interesting by the day.
Financier Ron Burkle Joins Union, according to the Wall Street Journal. They've also reached out to Warren Buffett, but no response - that's according to Reuters.
PMS-MSNBC:http://www.msnbc.msn.com/id/19048214/
The heat is really turning up in this situation. Reuters is reporting that the employee union has hired an advisor to explore alternative bids. More as it develops.
edit:
NEW YORK, June 4 /PRNewswire-USNewswire/ -- The Independent Association ofPublishers' Employees (IAPE), the union that represents more than 2,000employees of Dow Jones & Company, has retained advisors to
I'm long again in Dow Jones (DJ) and still of the mind that Rupert Murdoch will have a very tough time becoming the winning bidder. Yes, I realize the Bancrofts have agreed to meet with him, reportedly this Monday, but I continue to struggle with how the Bancrofts can ever trust Murdoch to maintain the journalistic integrity of the Wall Street Journal and sell the company to him. I'm not going
Options players are bracing for a potential sweetened offer from Newscorp (NWS). A variety of rumor services have been reporting the potential for a $10 increase in the the bid for Dow Jones (DJ) to $70 a share. Volume in the May 60 and June 65 calls is heavy and implied volatility on the June 65s has jumped to 68%.
Disclosure: off the sidelines with both names - no holdings
A quick note on my Dow Jones (DJ) long holding - I trimmed most of it back near the close of trading on Friday. I'm glad I did now that the Ottaway Family (real, hard core newspaper family who built from the ground up) has weighed in with staunch opposition: Major Dow Jones shareholder opposes News Corp. bid. The tone of opposition from the Ottaways goes far beyond fishing around for more money;
Wall Street Journal: "NEW YORK'S ATTORNEY GENERAL and the SEC are investigating suspicious trading in Dow Jones stock and options prior to the disclosure of News Corp.'s bid."
Options activity was indeed heavy in the days preceding the Tuesday bid for Dow Jones (DJ) by Rupert Murdoch's Newscorp (NWS). I missed seeing it.
There was a very odd set of circumstances which led me to not to run my
Dow Jones says taking no action on News Corp bid. Taking no action? With just 52% of the Bancrofts saying NO and the board not taking action, this has got to be the biggest hint ever for a 'higher price, please'. Of course, the board would also likely subject itself to shareholder wrath if it rejected the offer since it has a duty to maximize shareholder value.
Either this is the short of the
As noted this morning, I just don't think Rupert Murdoch will be easily persuaded to 'go away' and drop his bid for Dow Jones (DJ). Bloomberg wire is quoting famed money manager Michael Price as saying DJ could ultimately end up being a $100/sh deal. One big problem with DJ options is that spreads are wide. I'm in June calls, hate the spreads, but willing to see what happens. If the mantra grows
A rep for the Bancroft family is confirming the family and its trusts are going to vote a slight majority against the $60 offer from Newscorp (NWS). Are they nuts? I actually think they are angling for perhaps a higher price. Either that or they have vast amounts more money than brains.
CNBC's Faber reporting Newscorp (NWS) has made an unsolicited bid of $60 for DJ. That huge premium may enable NWS to overcome potential Bancroft family opposition.
From an industry standpoint, a combo of Dow Jones' Wall Street Journal and a Fox Business News cable channel would be a huge business news juggernaut. Bubble-tv (CNBC) would get quite a run for its money. This will be an amazing
I hope tomorrow morning when I open my eyes, I see 13,050 printed on ChannelNewsAsia! HSI 21k Boleh!!!Precision Engineering/Manufacturing, the hidden industry that keeps appearing in my hit list everynight. Nan dao semi conductors really salt fish turn around? I recall sending an email to alert my 2 email groups abt possible turn in the semiconductor industry yesterday and today once again after screening the market, i am seeing a couple of precision related companies. Bought StraitsAsia today after receiving a signal last night. Also bought HSI CW the day before when HSI was trading at 20,400 support. The thing about trading index is, we need to know what is happening globally. I see strength in US. For STI, very resilience. Infact i could feel the whole global market is waiting for something to happen. It was a very tight range trading for the last 3 days with neither the bulls nor bears winning. I doubt we are breaking down. Let us break upwards before cutting down...this w
Det gamle Dow Jones-indeks er en spøjs størrelse, der altid påkalder sig opmærksomhed, når indekset er i farvandet for at nå en ny milepæl. Også denne gang, hvor indekset er tæt på milepælen indeks-kurs 13.000. Før børs-åbningen mandag er de 30 aktier i indekset i indeks-kurs 12.961,98. Indekset kan nå milepælen på baggrund af 6 Dow-Jones regnskaber i denne uge.
Her på Stockblog.dk noterede vi Dow Jones’ seneste milepæl i oktober, da indekset passerede kurs 12.000. Se indlægget: Aktier: Jubel-oktober - Dow Jones over 12.000. Her 6 måneder efter kan den ny milepæl - 13.000 - altså snart være nået. Mens det tog 7 ½ år at klare turen fra 11.000 til 12.000 i kølvandet på dot.com-dagene og 11. september 2001.
Til gengæld tog det blot 24 dage i foråret 1999 at nå fra indeks-kurs 10.000 til 11.000 under de “glade” dot.com-dage. Tidsrummet i mellem passagerne af Dow Jones-milepælene vidner om, at aktiemarkedet i sandhed kan være (og ikke mind
Financial news publisher Dow Jones & Co. on Tuesday reported a sharp drop in first-quarter earnings from a year-ago period that included a large accounting gain, but the latest adjusted income...
Wall Street traded mostly higher Tuesday, pushing the Dow Jones industrials into record territory after a rise in home construction and a mild reading on consumer inflation encouraged investors to...
Wall Street rose cautiously in early trading Monday amid a batch of takeover deals, and as investors speculated that manufacturing data will suggest slightly slower growth in the sector.
Investors...
Stocks opened moderately higher Wednesday as investors treaded water ahead of the Federal Reserve's latest take on the economy, which could signal where interest rates are headed.
While Wall Street...
With Asia and Europe facing sell off, many didn't gave Dow Jones a chance. It once traded at -130 and amazingly close up 50 points. I went to sleep thinking next day my PW will be spectacular. It was indeed a rude shock to see DJ up by 50 points. This goes to show why risk management is important. Despite high chance of Dow Jones plunging, expect the unexpected! Hence no matter how strongly I feel about the direction, i made it a habit to still trade within my money management rules so that when something like this happens, it's just another loss. Chartered was sold yesterday and I kept Noble. Texas Instrument gave a bleak outlook and I didn't like the risk involved with Tech counters. I added HSI CW at close because I cannot ignore the strong closing of DJ, it formed an amazing "tui" right on 12K support. Under tremendous selling pressure and able to close positive, I anticipate follow through buying tonight and the PPI numbers will be friendly. This HSI CW is only for a
It may be about time to put an end to the debate about whether feeds are going mainstream. Adding to our list of 19th century publishers (they're not our first, or even our third: we checked), The Wall Street Journal Online, the largest paid subscription site on the Web, MarketWatch.com, a leading investing and financial news site, and Barron's Online, America's premier financial weekly, are now offering enhanced FeedBurner feeds for their sites, blogs and podcasts. Dow Jones has also selected the FeedBurner Ad Network as its choice for monetizing these feeds.
The Dow Jones properties are relying on FeedBurner to integrate with the Web's most popular social media services like digg and del.icio.us using our innovative FeedFlare service. As John Gartner points out on the MarketingShift.com site today, "FeedFlare can include links for many of the Web 2.0 services that can give a tremendous boost to an article's visibility." (That's right: feeds can drive traffic and revenue. Dow
The S&P 100 is the most widely watched index of large-cap US stocks. It's a bellwether for the U.S. economy, a vital component of the Index of Leading Indicators. Reuters reports that the index's managers have punted GM, replacing it with Mastercard. "S&P did not in a statement explain why it dropped GM [...]