MacroTwits Transcript: Sunday May 17, 2009

GregorMacdonald: May. 17 at 10:05 PM
I’d like to thank everyone for coming tonight. See you all during regular hours.
sahimsf: May. 17 at 10:04 PM
RT @GregorMacdonald: RT @pdenlinger: @GregorMacdonald 22 Chinese cities are planning/building subways.
GregorMacdonald: May. 17 at 10:04 PM
RT @pdenlinger: @GregorMacdonald 22 Chinese cities are planning/building subways.
robertfreedland: May. 17 at 10:04 PM
@GregorMacdonald THANKS for stopping by here! And everyone, please excuse my own tweets. Enjoyed the conversation!
GregorMacdonald: May. 17 at 10:01 PM
My macro watch going forward now is the food situation in the Developing World.
pdenlinger: May. 17 at 10:01 PM
@GregorMacdonald Not so much new rail and highway construction plans as it has helped to keep orig. plans on track, schedule.
maoxian: May. 17 at 10:01 PM
New buys from John Paulson (latest 13F): $GLD $WYE $GDX $PCA.TO $SGP$GFI $JPM $AU … note a certain golden tint? http://tr.im/paul13F
Ticker: AU GDX GFI GLD JPM SGP WYE
rcline_jr: May. 17 at 10:00 PM
@robertfreedland Agreed, but it was spending on goods producing manufacturing, not empty social programs like current stimpak.
FinanceTrends: May. 17 at 10:00 PM
@robertfreedland Yes, US mobilization towards war effort is commonly accepted answer on what got us out of depression…
palomnas: May. 17 at 10:00 PM
Anyone seeing $EURUSD retracing to 1.3300 within the next couple of days?
Ticker: EURUSD
thestockbandit: May. 17 at 10:00 PM
Video – A look at the indexes for this week: http://is.gd/AKDz
pdenlinger: May. 17 at 9:59 PM
@GregorMacdonald @rclinejr But Chinese believe the price of stim pack will be inflation soon.
bobbrinker: May. 17 at 9:59 PM
$$ Top Marginal Tax Rate per TBP –> http://bit.ly/KH9Q9
ryamada: May. 17 at 9:59 PM
Not sure I like the Treasurys trade. I’d prefer to short equities outright, possibly hedged with energy. $FAZ, $ERX $SDS
Ticker: ERX FAZ SDS
GregorMacdonald: May. 17 at 9:59 PM
@pdenlinger Can you give us a quick take on China StimPak effects so far on Rail and Subway construction?
markinoakhill: May. 17 at 9:59 PM
$AXP $SPX Asia sell off has US equity futures going south. Looks like $AXP has a chance to fill the gap below. 21 target this week.
Ticker: AXP SPX
robertfreedland: May. 17 at 9:59 PM
@recline_jr NO not the WAR. It was the SPENDING. A war didn’t do anything to our industrial base by itself. Nothing.
ZMoose12: May. 17 at 9:58 PM
@ryamada Looking forward to listening to that video. $TLT is going to be a looker for everyone this week
Ticker: TLT
donahchoo: May. 17 at 9:58 PM
@GregorMacdonald agreed, stimpak a joke. more of a hand out to liberal causes, hated it and I’m a liberal! O is smart, maybe he will turn
pdenlinger: May. 17 at 9:58 PM
@rcline_jr That is one of the advantages of an authoritarian government. They can move fast in times of crisis.
robertfreedland: May. 17 at 9:58 PM
@FinanceTrends WWII had NOTHING to do with recovery. It wasn’t the WAR, it was the SPENDING in response to war that drove the economy.
GregorMacdonald: May. 17 at 9:58 PM
@rcline_jr The China StimPak was the high IQ version of a StimPak. :-)
gtotoy: May. 17 at 9:57 PM
http://tinyurl.com/ckuywo $MOS
Ticker: MOS
rcline_jr: May. 17 at 9:57 PM
@robertfreedland WWII, I believe.
TradetheMove: May. 17 at 9:57 PM
When I left futures were down .13%, now ES is down .74%. What gives?
rcline_jr: May. 17 at 9:57 PM
@pdenlinger China stimpak was targeted at getting people to buy goods through vouchers (smart), IMHO. Wish we had thought of that.
pdenlinger: May. 17 at 9:56 PM
@robertfreedland More than economics issue; also global demographics issue and education issue.
ZMoose12: May. 17 at 9:56 PM
@GregorMacdonald @IRON100 Agreed Iron; we don’t have the time for long-term projections. People heard 4mil+ and they went nuts
distanlo_info: May. 17 at 9:56 PM
i’m looking at the health care sector’s recent outperformance here. rotation?http://bit.ly/F26wA $$ $XLV
Ticker: XLV
FinanceTrends: May. 17 at 9:55 PM
Speaking of inflation, USD debasement: did everyone catch this recent Jim Rogers interview on Bloomberg? http://bit.ly/EgpJa
robertfreedland: May. 17 at 9:55 PM
@GregorMacdonald and rest, what was the factor that got our economy OUT of the Great Depression?
GregorMacdonald: May. 17 at 9:55 PM
We finish up in about 5 minutes. I see that people like USTs as a way to play equity correction. @alaidi looking for Gold to outperf Oil
ryamada: May. 17 at 9:55 PM
@zmoose12 Thanks. Also, from CFR, recent Symposium on macro effects of fin crisis: http://bit.ly/HnTJI (Nye, Mallaby, Medley)
pdenlinger: May. 17 at 9:55 PM
@IRON100 That’s why Chinese govt. has rural stimulus plan nowhttp://bit.ly/Y6J54
GregorMacdonald: May. 17 at 9:53 PM
@InEgoVeritas Indeed. I am preparing myself for inflation in food, energy, and the disclosure of the USD debasement now underway.
rcline_jr: May. 17 at 9:53 PM
@GregorMacdonald I believe <80B of StimPak was actually Infra.
robertfreedland: May. 17 at 9:53 PM
@GregorMacdonald But we don’t know how many jobs would be lost WITHOUT the stim pack. @paulkrugman argues that the stim wasn’t big enuf.
ZMoose12: May. 17 at 9:53 PM
@pdenlinger Indeud
discogen: May. 17 at 9:52 PM
$$ Would a nice longterm GOLD play be to short $DZZ ?
Ticker: DZZ
rcline_jr: May. 17 at 9:52 PM
@GregorMacdonald Ah, but we can’t harm the environment, and we don’t have the educated technical labor pool to develop these.
GregorMacdonald: May. 17 at 9:52 PM
Among many risks O Team took: if StimPak had been true Keynes, more Infra Jobs would be kicking in now. But not so. @Zmoose
ToddSullivan: May. 17 at 9:51 PM
@GregorMacdonald if you look at his sec filings he only carries a few positions and does build them fast once decision to buy is made
pdenlinger: May. 17 at 9:50 PM
@GregorMacdonald Back to my thesis that there are too many people with wrong skills. Real reason for wage deflation. Neanderthals.
GregorMacdonald: May. 17 at 9:50 PM
@donahchoo We have to make stuff. We need to be building our own trains, our own solar. Need to mine our own copper. Need offshore oil.
WallStSource: May. 17 at 9:50 PM
$LOW, Lowes reports earnings Monday (consensus Estimate $.25), The Market will watch to see if consumer is back
Ticker: LOW
ctryman48: May. 17 at 9:49 PM
$NGHI will gold hit 2000? http://bit.ly/ZWolP Citi bank thinks so im buying$NGHI $ETFC with thoughts on a couple others
Ticker: ETFC
ZMoose12: May. 17 at 9:49 PM
@GregorMacdonald I agree with you with regard to the choppy prices. Where do you see sentiment going with current admin. during summer?
sahimsf: May. 17 at 9:49 PM
RT @infovestment At end the USSR had no inflation,but their worthless Rubel cldnt buy anything domestic or abroad,it’ll happen to US too
InEgoVeritas: May. 17 at 9:49 PM
@GregorMacdonald Inflation isn’t visible yet but inflation expectations is as important when it comes to moving the market
GregorMacdonald: May. 17 at 9:48 PM
RT @infovestment At end the USSR had no inflation,but their worthless Rubel cldnt buy anything domestic or abroad,it’ll happen to US too
pdenlinger: May. 17 at 9:48 PM
@donahchoo Americans are much more passive sheep than Chinese, but US will have to deal with social stability too.
markfuccio: May. 17 at 9:48 PM
its not ready yet for real use. RT @IBDinvestors: $GOOG killer?A New search engine launches<snip> http://bit.ly/Gf7tc http://bit.ly/18219L
Ticker: GOOG
sahimsf: May. 17 at 9:47 PM
@donahchoo The best solution that i can adivse is getting rid of the excess! In every facade of commerce. That will cleanse the system
ryamada: May. 17 at 9:47 PM
@GregorMacdonald We all have a boss and a paymaster. :)
Psando: May. 17 at 9:47 PM
$T creeping below 25 level
Ticker: T
chartingstock: May. 17 at 9:47 PM
$NIKKEI Down 3% -Brazillian Pres in China-Oil Deal Confirmation Likely $PBRGood Luck W/ Mkt Trades This Week After Fri Off @Zmoose12
Ticker: PBR
GregorMacdonald: May. 17 at 9:47 PM
@infovestment Exactly. That is exactly the risk we run–or a version of that scenario. It’s the outcome few think is possible.
traderclubtirol: May. 17 at 9:47 PM
What a drop in Hong Kong pre-market: – 400 Points. Sends US-Futures further down $SPX at 878 now
Ticker: SPX
AppleInvestor: May. 17 at 9:46 PM
Check out my Investor Guide http://bit.ly/investorguide
FinanceTrends: May. 17 at 9:46 PM
@GregorMacdonald @BAbnkr Exactly. See exc. book “The Penniless Billionaires” for more illustration of this point
GregorMacdonald: May. 17 at 9:46 PM
@ryamada Setser has hard time allowing himself to boldly state a dark message. I read him everyday though. :-)
pdenlinger: May. 17 at 9:45 PM
@ZMoose12 For Chinese govt., it’s social stability, no matter what the price.
donahchoo: May. 17 at 9:45 PM
@GregorMacdonald @pdenlinger what are some solutions to these problems that aren’t worse than the problems?
iYeoman: May. 17 at 9:45 PM
http://chart.ly/64m55k $DNDN – $DNDN and $VDNA have a habit of popping and pooping..I’m watching to see how long DNDN lasts
Ticker: DNDN
GregorMacdonald: May. 17 at 9:45 PM
@BAbnkr Theory says sophisticated money is beneficial first receiver of inflation. So to your Q: Wealth inequality further exacerbated.
ryamada: May. 17 at 9:44 PM
@ZMoose12 Agreed – Brad Setser at CFR has pointed out that China has added to Treasurys – but I believe still shifting to shorter-term
WallStSource: May. 17 at 9:44 PM
$TM,$HMC, Toyota Unveils New Prius as Honda Insight Challenges for Hybrid Sales Lead,http://tinyurl.com/pqsz6y
Ticker: HMC TM
pdenlinger: May. 17 at 9:43 PM
@GregorMacdonald My guess is that Americans will see wage deflation + inflation for food, oil and other essentials. Not pretty.
BAbnkr: May. 17 at 9:43 PM
@GregorMacdonald what happens to the distribution of wealth in the USA if credit tightens up and the fed print more benjamins?
ZMoose12: May. 17 at 9:43 PM
@snoopyjc Don’t forget $ERY $DUG $SMN if commodities breakdown.
Ticker: DUG ERY SMN
GregorMacdonald: May. 17 at 9:43 PM
@ToddSullivan That’s a good point. Perhaps his core is bullion, and he will build positions in Miners. Still, his moves have been quick!
ZMoose12: May. 17 at 9:42 PM
@pdenlinger Their increase in US Treasuries (+3.2% in March) will have a significant toll on their inflation as well
onthehudson: May. 17 at 9:42 PM
Thoughts: Prechter ‘s 50 to 80% market crash prediction. Barrons says no, maybe just 1/3 down. http://tr.im/lCj0
FinanceTrends: May. 17 at 9:42 PM
BTW, anyone else having problems reaching older commentary tweets lately? Can’t flip past page 2 most of time
pdenlinger: May. 17 at 9:41 PM
@GregorMacdonald $$ My guess is that Chinese are buying gold as inflation hedge, which they see rising in next few years.
ToddSullivan: May. 17 at 9:41 PM
@GregorMacdonald I think Paulson is looking 2yrs down road on $GLD. I believe he first placed big bearish housing bet in 2005.
Ticker: GLD
snoopyjc: May. 17 at 9:41 PM
@Brodieville Shorts (buy these long to go short the market) – $FAZ, $SKF, $SRS,$TZA, $DXD, $MZZ, $QID, $SZK (Don’t buy them all!!)
Ticker: DXD FAZ MZZ QID SKF SRS SZK TZA
GregorMacdonald: May. 17 at 9:41 PM
But my view is that Americans are at risk of further chaotic price action–in both directions across goods. From houses to food, energy.
FinanceTrends: May. 17 at 9:41 PM
@robertfreedland Inflation defined as expansion of $ supply and credit, strictly speaking. May show up in asset/goods prices later
pdenlinger: May. 17 at 9:40 PM
@GregorMacdonald Chinese expecting inflation because govt. pumped several trillion in liquidity into economy since. Dec.
josephallenir: May. 17 at 9:40 PM
WiMAX too expensive to survive right now? $CLWR. Clearwire Needs More Cash, Lots More http://seekingalpha.com/a/2yb0
Ticker: CLWR
panda2345: May. 17 at 9:40 PM
Sunday May 17, 2009 (@09:42.am.edt.>) “What Do The S&P 500 ($SPX), & It’s Current Range (666.79-930.17), Its,,,, http://wi27f.th8.us
Ticker: SPX
ZMoose12: May. 17 at 9:40 PM
@josephallenir Kinda sounds like, “The Devil Made Me Do It.”
GregorMacdonald: May. 17 at 9:40 PM
Because I argue so forcefully against Deflation, I am often construed as arguing that inflation currently exists. Which it doesn’t.
robertfreedland: May. 17 at 9:36 PM
@GregorMacdonald What kind of exposure does AIG still have to CDS’s?
fleckman: May. 17 at 9:36 PM
@atask Price controls are already being planned for a large portion of our economy – Healthcare. IMHO.
josephallenir: May. 17 at 9:36 PM
Battery companies. $HEV, $BCON, $VLNC, $ALTI, $AXPW, $XIDE, $MXWL,$ZBB, others. http://bit.ly/KXzcR
Ticker: ALTI BCON HEV MXWL VLNC XIDE ZBB
infovestment: May. 17 at 9:36 PM
@ryamada $GLD $GDX it is not clear whether his 10b $ involvement has any immediate impact,but it for sure is a sign of confidence
Ticker: GDX GLD
chartly: May. 17 at 9:36 PM
Thanks to @stevenplace for illustrating perfectly what technical support is all about in this chart http://chart.ly/ds69xw
GregorMacdonald: May. 17 at 9:35 PM
@FinanceTrends I have to believe sophisticate move into Gold believes gold ready to break out of risk frame, into inflation (Austrian)
sahimsf: May. 17 at 9:35 PM
RT @infovestment:$GLD $GC_F i.It is 1of the biggest profit generating trade if U can stomach it
Ticker: GC_F GLD
chartingstock: May. 17 at 9:35 PM
$NIKKEI Down 3% -Brazillian President in China-Oil Deal Confirmation Likely$PBR
Ticker: PBR
snoopyjc: May. 17 at 9:35 PM
@infovestment I look at the “Japanese Yen” quote or I do the “1 / $USDJPY” calc ’cause I play $FXY
Ticker: FXY USDJPY
ryamada: May. 17 at 9:34 PM
Paulson has the advantage of happy investors who are willing to let his move play out – not sure $GLD will move near-term because of him.
Ticker: GLD
GregorMacdonald: May. 17 at 9:34 PM
@FinanceTrends I note that Paulson is buying South Africans and Canadians on the company level.
rvinzant: May. 17 at 9:34 PM
Nikkei off 2.5%
CR1138: May. 17 at 9:34 PM
$FSIN just looks beautiful. Long flat base. Big volume break-out, which has held, and is now support.
Ticker: FSIN
FinanceTrends: May. 17 at 9:33 PM
PS, I also recall some recent discussion on Seth Klarman & Baupost taking on some kind of inflation hedge pos. (unspecified?) recently
infovestment: May. 17 at 9:33 PM
@sahimsf $GLD $GC_F if it were a messed up trade,institutions wldnt bother.It is 1of the biggest profit generating trade if U can stomach it
Ticker: GC_F GLD
Brodieville: May. 17 at 9:32 PM
ok, so we’re buying gold, & $FAZ, & staying in cash for awhile, what to short? i see the lemmings going over to the dark (bear) side. agree?
Ticker: FAZ
snoopyjc: May. 17 at 9:32 PM
Oh, since we’re talking Macro right now, my $TLT trade is due to the looming drop in $SPY / $QQQQ – money will move to bonds and cash
Ticker: QQQQ SPY TLT
pdenlinger: May. 17 at 9:32 PM
Just checking out Shagnhai Gold Exchange website: English site does not appeared maintained, Chinese is up to date. Typical
FinanceTrends: May. 17 at 9:32 PM
@GregorMacdonald Paulson & Co. is really growing beyond original focus on merger arb. I’m sure they did their homework on gold pos.
GregorMacdonald: May. 17 at 9:32 PM
At the half hour June Gold is steady at 930. ES down 4.50 to 878.50. ASX futures in OZ off 44 to 3734. Oil steady at 57.00.
atask: May. 17 at 9:31 PM
Was just on radio w/John Batchelor, who raised an interesting Q: If Obama wants wage controls (for banks) can price controls far behind?
PeregrineAdvis: May. 17 at 9:31 PM
daily and hourly on S&P confirm trend is down. We could see test of upper trend line before turning back down. http://tinyurl.com/dc7g2r
infovestment: May. 17 at 9:31 PM
@delbertino $DX_F quoting yen is somewhat irrational,all things are quoted against USD only USDJPY is an inverse cross,I always quote $JPY-F
Ticker: DX_F
snoopyjc: May. 17 at 9:30 PM
@ZMoose12 I may play $TLT with a call option ’cause my trade is risk 0.6% vs. reward 2%, else I’ll need a LOT of shares!
Ticker: TLT
robertfreedland: May. 17 at 9:30 PM
@GregorMacdonald Big Dutch Auction. List all cars online and cut their prices $100 every day at 0600. Lines will form :)
GregorMacdonald: May. 17 at 9:30 PM
In past two weeks, my view has been if global trade flows sustain a re-start–then a CB Bid will come back to USTs.
GregorMacdonald: May. 17 at 9:29 PM
Anyone care to comment on John Paulson + Co on Gold? I mean, the position has alot of conviction.
mikestiller: May. 17 at 9:28 PM
@GregorMacdonald we saw whiffs of UST selling + gold buying last week. Interesting dynamic.
alphatrends: May. 17 at 9:27 PM
subscribers- the video of tonights event is live in the premium section
GregorMacdonald: May. 17 at 9:27 PM
What is happening with US Electronic and Equipment Manufacs? Did not look last few weeks. Key sector to me. @ZMoose12
mikestiller: May. 17 at 9:25 PM
@GregorMacdonald ignore, was on press release @pdenlinger posted, didn’t realize completely out dated (2002)
pdenlinger: May. 17 at 9:25 PM
@GregorMacdonald Don’t think CN govt. has to work too hard to keep AU in country. In crisis times, Chinese traditionally shift to AU.
GregorMacdonald: May. 17 at 9:24 PM
OK. So people are looking to go long Treasuries. I assume that’s a short-term call. Who here wants to really OWN them though?
ZMoose12: May. 17 at 9:23 PM
@GregorMacdonald Lots of small cap manu.s began to fall off towards the back end of last week. I’ll be keeping my eye on co.s like $TITN.
Ticker: TITN
GregorMacdonald: May. 17 at 9:23 PM
@robertfreedland In conversations on weekend, I found myself saying “US house prices and espec CA house prices not going anywhere, yet”
robertfreedland: May. 17 at 9:23 PM
@GregorMacdonald I guess the basic question is $GLD, is gold an inflation, deflation, or just crisis hedge? Or nothing??
Ticker: GLD
byrneseyeview: May. 17 at 9:23 PM
@GregorMacdonald but what about internationally? Would the US coordinate with Russia, China, etc?
mikestiller: May. 17 at 9:23 PM
@byrneseyeview @GregorMacdonald unload SPR to keep prices tame? Ala gold?
ZMoose12: May. 17 at 9:22 PM
@snoopyjc Agree with you whole heartedly on the $TLT buy, especially if the$SPX begins to move lower on heavier volume distribution.
Ticker: SPX TLT
TodayTrader: May. 17 at 9:22 PM
http://chart.ly/h74b55 $SLV – Silver showing a nice cup and handle formation. A move above 1400 then 1448 is worth watching.
Ticker: SLV
GregorMacdonald: May. 17 at 9:22 PM
Is this true? Is CN central bank making move to help Cn gold producers keep AU in country? @mikestiller
robertfreedland: May. 17 at 9:21 PM
@GregorMacdonald There is real deflation in segments of our economy: Real Estate, and now likely car prices: http://tinyurl.com/rxpyc7
stevenplace: May. 17 at 9:21 PM
http://chart.ly/ds69xw $MVL – @jrroche What I’m seeing-> sell jun 30 puts at 85. If it breaks 31, I’m out; ~4R trade
Ticker: MVL
pdenlinger: May. 17 at 9:21 PM
@GregorMacdonald Hedging without making announcements… Just watch what they do…
snoopyjc: May. 17 at 9:21 PM
http://chart.ly/r8tty8 $TLT – looks like a buy on a break-out above 98.4, nice tight stop at 97.8, target 100.29 (anti $TBT)
Ticker: TBT TLT
GregorMacdonald: May. 17 at 9:20 PM
@byrneseyeview If oil were to runaway to upside on top of weak US economy, I am convinced DC throws kitchen sink: SPR to start.
pdenlinger: May. 17 at 9:19 PM
@GregorMacdonald Very Chinese way of doing things…
ZMoose12: May. 17 at 9:19 PM
Warren Buffett told Bloomberg: “I’d buy $WFC if the SEC let me.” – There was a time I agreed with him on this.
Ticker: WFC
mikestiller: May. 17 at 9:19 PM
@GregorMacdonald @pdenlinger “The central bank will stop purchasing gold from producers in China”
kunal00: May. 17 at 9:19 PM
@donahchoo @mdabbles $ACXM http://twitpic.com/5ehgg it might run but the volume pattern lowers the probaility and increases the risk
Ticker: ACXM
GregorMacdonald: May. 17 at 9:19 PM
@ZMoose12 That’s right. But for manufac to keep going now will need booster of a weaker USD.
byrneseyeview: May. 17 at 9:18 PM
Hiya @GregorMacdonald how likely is coordinated government intervention to keep energy prices low?
GregorMacdonald: May. 17 at 9:18 PM
@pdenlinger What really interests me is the way Yuan are being launched like a thousand, quiet ships across a deceptively calm sea.
pdenlinger: May. 17 at 9:18 PM
@GregorMacdonald Shanghai Gold Exchange website: http://bit.ly/17JDjm
robertfreedland: May. 17 at 9:18 PM
@GregorMacdonald Not being an economist myself, do you mean that what we are observing is an easing of inflation. Not deflation?
ZMoose12: May. 17 at 9:17 PM
@GregorMacdonald The Manufacturing Ind. has been contracting less and less over the past couple of months, even w/ the USD being mixed.
sahimsf: May. 17 at 9:17 PM
@pdenlinger Macro-economic conditions in CN are bound to improve. Are you then bullish on copper?
steenbab: May. 17 at 9:17 PM
8:17 PM CT – Thanks to a sharp reader for passing along this very, very thoughtful post; top notch work: http://rurl.org/1kim
stevenplace: May. 17 at 9:17 PM
@dowwhiz sure was a whipsaw on that $CVX break. Luckily I delta hedge and trail stops. But you knew that already.
Ticker: CVX
GregorMacdonald: May. 17 at 9:16 PM
@robertfreedland My view is we do not currently have paradigmatic deflation. We have overall disinflation, currently, imo.
GregorMacdonald: May. 17 at 9:14 PM
@anthonybrown FWIW, I’ll reiterate that I see the USD as playing outsize role from here in NG demand/prices. Unless exports kick NG weak
chartaholic: May. 17 at 9:14 PM
$$ An American Self Portrait-A visual representation of our bizarre consumption habits: http://bit.ly/u8J5r
ZMoose12: May. 17 at 9:13 PM
http://twitpic.com/5eh0t – @GregorMacdonald TLT is making a comeback
GregorMacdonald: May. 17 at 9:13 PM
@pdenlinger Please do tell everyone about the Shanghai Gold Exchange.
WallStSource: May. 17 at 9:13 PM
$GM, G.M. Seeks More Imports From Low-Wage Regions,http://bit.ly/s7een
Ticker: GM
Ben270: May. 17 at 9:13 PM
@Wookie68 I also think $SWHC looks good at least for now, if I can come home for lunch I may try to get back in, hard to trade this week
Ticker: SWHC
cfrazierjr: May. 17 at 9:12 PM
@aufaittrader lower lows, lower highs, high volume down days. all this points to a lower market not a correction
inobrad: May. 17 at 9:11 PM
Biggest change to INO TV…since inception!! Check out the new educational material: http://tinyurl.com/p6w7yy
CowboySledge: May. 17 at 9:11 PM
Typo in last post: buy list is $NGD, $WGW (not WGN), $PFE, and $CL. Thanks Stocktwits!
Ticker: CL NGD PFE WGW
GregorMacdonald: May. 17 at 9:11 PM
My view is that the USD MUST go lower now, to give US Aggie and Light Manufac exports a kicker. The dreaded W is in play until then.
lillianwong: May. 17 at 9:11 PM
$$ This is the Opportunity You’ve Been Waiting For: This is it.http://tinyurl.com/o3jpho
anthonybrown: May. 17 at 9:11 PM
@LiquidMountain I’ll say $CHK, because it’ll also get the push from $USO.
Ticker: CHK USO
WallStSource: May. 17 at 9:10 PM
$GOOG, New Mood in Antitrust May Target Google, http://bit.ly/gPNoS
Ticker: GOOG
mikestiller: May. 17 at 9:09 PM
@GregorMacdonald Yes, I believe it is no longer solely a barometer of risk appetite.
pdenlinger: May. 17 at 9:09 PM
@sahimsf For first time, Taiwan electronics makers have been included in CN govt’s rescue plan, buoying their share price.
GregorMacdonald: May. 17 at 9:09 PM
@ZMoose12 I would only invest in Calif Munis or USTreasuries if I thought sustainable slow growth w/disinflation too was a lock.
chartaholic: May. 17 at 9:09 PM
$$ US Economic Stress Map-by County: http://tinyurl.com/pqatht
CowboySledge: May. 17 at 9:08 PM
Buy List for Monday: $NGD, $WGN, $PFE and $CL. 2 gold stocks, drugs, and consumer non-durables on today’s list…all defensive stocks…hmm
Ticker: CL LSE:WGN NGD PFE
pdenlinger: May. 17 at 9:08 PM
@sahimsf Chinese govt. is offering price rebates on appliances for rural Chinese, stimulating demand.
GregorMacdonald: May. 17 at 9:08 PM
@mikestiller Now that JPY is past the acute deleveraging stage, is it possible that it has lost importance some as risk oscillator?
WallStSource: May. 17 at 9:07 PM
$WMT, Wal-Mart Makes Electronics Push to compete with Best Buy and Amazon,http://tinyurl.com/qbw69k
Ticker: WMT
wawam: May. 17 at 9:07 PM
surprising strength of video game stock prices when industry sales down 17%. whats up with that?
pdenlinger: May. 17 at 9:07 PM
@sahimsf Copper prices are closely connected with Chinese demand. There is a surge in demand from Chinese manufacturers.
infovestment: May. 17 at 9:06 PM
RT @IBDinvestors http://bit.ly/Gf7tc -Everyone who is long $GOOG should go to the Wolfram Alpha page and watch the screencast MKT
Ticker: GOOG
GregorMacdonald: May. 17 at 9:06 PM
@sahimsf Do you remember when you and I talked Dr. Copper last Fall? It seems CU was coming much lower lows, with CN infra tailwind.
ZMoose12: May. 17 at 9:06 PM
@GregorMacdonald Follow up to that: Would you invest in Cali Munis with your take on the overall U.S. Economy right now?
mikestiller: May. 17 at 9:05 PM
Would like to open forum on Yen and Mar TIC flows…@GregorMacdonald
sahimsf: May. 17 at 9:04 PM
@GregorMacdonald How can you connect the strength/weakness in gold to the run in copper market. LME copper 3 month at $4323
abnormalreturns: May. 17 at 9:04 PM
The Sunday linkfest is up. “Rotten times are a good time to invest.”http://bit.ly/W1DMq
PeakStocks: May. 17 at 9:04 PM
Plays for tomorrow: Tight stop on $NFLX short around $40.00; watch $GEOY if it dips below $21-22, might be time to cut bait and move on.
Ticker: GEOY NFLX
CowboySledge: May. 17 at 9:00 PM
http://chart.ly/e8fmxd $HNSN – 2 week update: A +8.3% gain for this stock since appearing on my buy list for 5/01
Ticker: HNSN
AppleInvestor: May. 17 at 8:59 PM
New Post: The Wilderness Asset Allocation Strategy http://bit.ly/assetallocation
ericpeitz: May. 17 at 8:59 PM
$$ what are the banks going to do for 2Q09 encore after the US govt. (via AICPA & others) helped them manufacture earnings in 1Q09?
GregorMacdonald: May. 17 at 8:59 PM
It’s 9pm in New York. 6pm in San Francisco. And California is running out of money: http://bit.ly/HA1A6 | Welcome to MacroTwits.
StockTwits: May. 17 at 8:59 PM
Welcome @GregorMacdonald and everyone to MacroTwits Hour on StockTwitshttp://bit.ly/yWSVu Bring it G!

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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