Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (93140)	8/4/2012 1:36:46 AM
From: Haim R. Branisteanu	Respond to of 217750

CFTC: Speculative accounts again trimmed their net... 03-Aug-2012 CFTC: Speculative accounts again trimmed their net euro short position and added to their net yen long position this week, according to U.S. CFTC data, released Friday. The CFTC's COT report --non-commercial, futures-only section, excluding options -- showed speculators had a net euro short of -138,994 contracts as of July 31, compared to the net short of -155,066 contracts seen last week. This is the smallest net euro short position since May 1 and yet still well above the 100,000-plus contract size that, in the past, used to signal extreme positioning in a pair. Speculative accounts had a net yen long position of +32,254 contracts as per July 31, versus last week's net yen long of +25,061 contracts. The euro closed near $1.2303 and dollar-yen at Y78.11 July 31, which compares to closing levels Friday at $1.2378 and Y78.59

To: Haim R. Branisteanu who wrote (93140)	8/4/2012 5:39:07 AM
From: elmatador	Respond to of 217750

ISM report: non-farm? non-manufacturing? This is only goods moving from A to B. Just the Chinese giving huge discounts to J.C. Penney and Walmart stockup for Xmas season. Supply managers account for that and report. Just the old consumption-led economy. Not to be marry about. ISM used to report on real economy. Businesses buying chicken feed meant more production of eggs and poultry. More need for refrigeration, storage and and transport which created more jobs. More purchase of timber from Canada meant, pointed to more more construction and furniture and more construction materials and more jobs.

To: Haim R. Branisteanu who wrote (93140)	8/4/2012 5:43:20 AM
From: elmatador	Read Replies (1) \| Respond to of 217750

now for Manufacturing ISM report of August 1st. It reads like Greenspeak ! See the highlight at the report's beginning: ism.ws New Orders and Inventories Contracting Production and Employment Growing Supplier Deliveries Faster Tempe, Arizona) — Economic activity in the manufacturing sector contracted in July for the second time since July 2009; however, the overall economy grew for the 38th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®. The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. "The PMI registered 49.8 percent, an increase of 0.1 percentage point from June's reading of 49.7 percent, indicating contraction in the manufacturing sector for the second consecutive month, following 34 consecutive months of expansion. The New Orders Index registered 48 percent, an increase of 0.2 percentage point from June and indicating contraction in new orders for the second consecutive month, but at a slightly slower rate. Both the Production Index and the Employment Index remained in growth territory, registering 51.3 percent and 52 percent, respectively. The Prices Index for raw materials registered 39.5 percent, an increase of 2.5 percentage points from the June reading of 37 percent, indicating lower prices on average for the third consecutive month. ELMAT: Should not a report that's based on cold numbers be direct to the point and straight forward? But read this! A growing number of comments from the panel this month reflect a slowdown in their businesses and general concern over increasing economic uncertainty."

To: Haim R. Branisteanu who wrote (93140)	8/4/2012 7:14:59 AM
From: carranza2	Read Replies (1) \| Respond to of 217750

Every treasury instrument except for the 30 year is now yielding negative real rates. The 30 year is perilously close. The 10 year is at negative .6. This is per Treasury's own figures, which are based on inflation measures that are too conservative, IMO. Crazy.

To: Haim R. Branisteanu who wrote (93140)	8/4/2012 8:08:46 AM
From: elmatador	Read Replies (1) \| Respond to of 217750

They know what Volcker did and they know the outcome: "if Spain and Italy have to pay too much to borrow money (say, because investors are losing confidence in the future of the euro), then those countries risk hitting an unsustainable cycle of doom. Their debts go up, which raises their borrowing costs further, which means their debts go up further… repeat until apocalypse." washingtonpost.com Paul Volcker sent interest rates to the stratosphere and sunk the developing countries starting with Mexico in 1982. They suffered. Europeans know that if borrowing costs are not brought down they will be fleeced.