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Technology Stocks : Semi Equipment Analysis
SOXX 297.50-2.6%4:00 PM EST
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To: Jacob Snyder who wrote (50403)12/22/2010 1:20:37 PM
From: Jacob Snyder1 Recommendation  Read Replies (2) of 95378
 
headlines, (my comment):

Oil Hits 2-Year High After Supplies Drop More Than Forecast (The spike in oil prices in 2008 was a major cause of the global recession. If oil hits $150 again, I'll be 100% cash)

U.S. Economy Grew at 2.6% Pace in Third Quarter (Consumer spending is rebounding, but incomes aren't. Until wages go up and unemployment goes down, the recovery is reliant on higher debt. Isn't that how we got ourselves into trouble the last time? How soon we forget.)

China’s bonds are Asia’s worst performers for the second time in four years, reflecting concern the central bank will have to be more aggressive in raising interest rates as it seeks to rein in inflation... (Chinese consumers and corporations also need to reduce spending.)

Brazil Says It May Raise Rates Soon...Bank of England Notes Inflationary Risks... ...The ETF Rush of 2010: Gold Funds Gain Favor (inflation warnings everywhere, except in the U.S. and Japan)

Thanks for the Tax Cut! (paid for by a lien on our great-great-grand-children's incomes)

Sales of U.S. Existing Homes Increase Less Than Forecast (The housing market won't hit bottom, no matter what the government does, until incomes go up, and housing prices drop further.)

Spain Power Debt Infects Enel With Sovereign Bond Market Woes... ...Moody's Investors Service warned it may lower Portugal's credit rating... (first Greece, then Ireland and Portugal... ...Spain... ...New Jersey and California... ...and... ...and... ...protesters make bonfires of their worthless U.S. Treasury bonds...)
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