The Yen was down further today for some reason, so naturally considering the circumstances the Nikkei should rally.
Japan Unemployment Rate: "Unemployment Rate in Japan remained unchanged at 4.20 percent in October of 2012 from 4.20 percent in September of 2012. Unemployment Rate in Japan is reported by the Ministry of Internal Affairs & Communications. Historically, from 1953 until 2012, Japan Unemployment Rate averaged 2.7 Percent reaching an all time high of 5.6 Percent in July of 2009 and a record low of 1.0 Percent in November of 1968."
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec 24, 2012) - Silvercorp Metals Inc. (SVM.TO)(SVM) ("Silvercorp" or the "Company") today announced that it has changed its auditors from Ernst & Young LLP ("Ernst & Young") to Deloitte & Touche LLP ("Deloitte & Touche"), on November 27, 2012.
So they wait a month to announce it on Christmas Eve.
"Japan's Nikkei stock average could rally nearly 30 percent in 2013 due to an aggressive push to reflate the economy under the country's new premier, the chief executive of Daiwa SecuritiesGroup told Reuters in an interview."
Probably, but may get some fiscal cliff excitement going with Obama flying back early to try and get something done. Who know's how the market will react though.
merry xmas fellas. hope you're all doing well. i'm still away and have been selling AMBS today at $0.10ish..freaking unbelievable run. I've been moving that into SNE.
Merry Christmas!
ReplyDeletehttp://www.youtube.com/watch?v=PEC7d5jbAbo
Yes, Merry Christmas everyone!
ReplyDeleteThe Yen was down further today for some reason, so naturally considering the circumstances the Nikkei should rally.
Japan Unemployment Rate:
"Unemployment Rate in Japan remained unchanged at 4.20 percent in October of 2012 from 4.20 percent in September of 2012. Unemployment Rate in Japan is reported by the Ministry of Internal Affairs & Communications. Historically, from 1953 until 2012, Japan Unemployment Rate averaged 2.7 Percent reaching an all time high of 5.6 Percent in July of 2009 and a record low of 1.0 Percent in November of 1968."
Happy Holidays everyone! Your all the best.
ReplyDeleteAGO - Needs to recover $14.35, else it's coming back to me.
ReplyDeleteNLY - Today would have been the day to sell if you wanted to before it trades minus dividend.
SVM - Changes auditors. Uh, oh.....
ReplyDeleteVANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec 24, 2012) - Silvercorp Metals Inc. (SVM.TO)(SVM) ("Silvercorp" or the "Company") today announced that it has changed its auditors from Ernst & Young LLP ("Ernst & Young") to Deloitte & Touche LLP ("Deloitte & Touche"), on November 27, 2012.
DeleteSo they wait a month to announce it on Christmas Eve.
Good point, maybe they're trying to bury the news?
DeleteREDF - Looks like 2 month bear flag to me.
ReplyDeleteMerry Christmas fellas!
ReplyDeleteMerry Christmas Port. Merry Christmas to Starboard as well.
DeleteUNG - Back to trend line again, will we get lucky?
ReplyDeleteAVEO- This ones interesting.
ReplyDeleteJapan starting to get some attention:
ReplyDelete"Japan's Nikkei stock average could rally nearly 30 percent in 2013 due to an aggressive push to reflate the economy under the country's new premier, the chief executive of Daiwa SecuritiesGroup told Reuters in an interview."
http://www.cnbc.com/id/100339055?utm_source=twitterfeed&utm_medium=twitter
So I guess the next 3 days are going to suck? Boring...
ReplyDeleteMaybe, I'm looking to add to NLY if they push it below my new basis of $13.90, for a flip.
DeleteNSPH - Plan to add there too, if the price is right.
AGO - Looking for re-entry but it's not cooperating..... ;( Should've known the pullback that shook me out was an head fake.
Did you have a good Holiday? Lot's of rain here but fun for the kids. I'm glad to get back to work.
DeleteYesterday turned out nice, was dry and maybe reached 60*, winter has returned today though.
DeleteProbably, but may get some fiscal cliff excitement going with Obama flying back early to try and get something done. Who know's how the market will react though.
DeleteGood to know he's flying back early, news to me. Seems like the tax selling is abating or stabilizing also.
DeleteThe market's marking time. It's looking for an excuse to move higher.
ReplyDeleteIs it about done with the weak hands here?
Deletemerry xmas fellas. hope you're all doing well. i'm still away and have been selling AMBS today at $0.10ish..freaking unbelievable run. I've been moving that into SNE.
ReplyDeleteAVEO..Yep.
ReplyDeleteGG closed @ 36.38 for a +3.29 gain.
ReplyDeleteAtta boy!
DeletePAL - $1.19 might be the bottom?
ReplyDeleteSNE closed @ 11.135 for a +2% gain.
ReplyDeleteAUMN closed flat.
ReplyDeleteThe top 4 holdings for RYPMX (FCX, ABX, NEM, GG) are up +1.52%, +1.39, +2.14%, and +0.9% respectively.
ReplyDeleteExiting RYPMX at the close.
SLW closed flat.
ReplyDeleteFreaking RIMM.
ReplyDeleteScream at you guys tomorrow, I might test my luck and place a stink bid on PAL.
ReplyDelete