FTB Weekly Twitter Updates for 2009-06-22

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Good morning twitterverse #
Interested to see what the government has decided we need for financial reform #mkt #ftb #
@pptrader another beautiful day in colorado, how about you? in reply to pptrader #
RT @EpicureanDeal Obama blows it: 1) no SEC/CFTC merger 2) no Consumer Fin Product regulator 3) toothless supervisory council of regulators #
@pptrader the index speaks for itself. doesn’t seem to be any dip buying yet in reply to pptrader #
The International Monetary Fund raised its outlook for the US and called for steps to reduce concern about rising public debt and inflation #
Citigroup $C reached an agreement with the International Finance Corp,to develop a $1.25B funding facility to grow trade in emerging markets #
RT @daytrend 81% of stocks are below their 8-day EMA. 52% are below their 20-day EMA. #mkt #ftb #
[DisciplinedInvesting] Recession Longest Since Depression http://bit.ly/Bub2z
#mkt #ftb #
$VIX above 30 #
Home Builders sentiment index slipped by 1 point in June to 15, readings lower than 50 indicate negative sentiment about the market. #mkt $$ #
Moody’s cut its bank financial-strength ratings on 30 Spanish companies because their asset quality. 4 rated at C or above, 9 at D- or E+ $$ #
U.S. stocks extended a global slide today, sending the MSCI World Index down the most in two months #mkt #ftb $$ #
U.S. credit card defaults rose to record highs in May. Credit card losses could surpass 10% this year, with loan losses topping $70B #mkt $$ #
[greenfaucet.com] Plastic Green Shoots http://bit.ly/MxHbn
#mkt #ftb #
Construction of new homes has jumped 17.2% in May, the largest amount in three months #mkt #ftb $$ #
Producer Price Index increased by a seasonally adjusted 0.2% from April. #mkt #ftb $$ #
Wholesale prices fell 5% in the past 12 months. That’s the largest annual drop in almost 60 years. #mkt #ftb $$ #
Industrial production fell 1.1% in May, the deepest since a 1.8% drop in March. Output also turned out to be weaker with a 0.7% decline #mkt #
$GM signed a deal to sell Swedish unit Saab to super car maker Koenigsegg, who makes 12 cars a year between $1M - $2.3M each #mkt #
[inthemoneystocks] Technical Trading 101: The Gap Fill http://bit.ly/NkoZp

#mkt #ftb #
@chickiedeebaby Good morning wife in reply to chickiedeebaby #
BRIC is calling for reform of global financial institutions and want a stable, predictable and more diversified global monetary system $$ #
Sorry for the inconvenience, but we are taking FeedTheBull down for an hour for site maintenance. #
@ec1o but what does it cost to run the plants that provide the electricity? How much oil consumption does it reduce? in reply to ec1o #
@ec1o fair enough in reply to ec1o #
FTB’s Daily Job Loss Report: MySpace is cutting nearly 30% of its work force or about 420 people $NWSA #mkt #ftb #
@dougw how long? in reply to dougw #
Consumer Price Index CPI rose a seasonally adjusted 0.1% last month #mkt #ftb $$ #
Standard & Poor’s cut ratings and revised outlooks on 22 banks: $WFC, $COP, $BBT, $PNC, $RF, $ASBC, $AF, $FITB, $KEY, $CRBC and others #mkt #
FTB’s M&A Alert: Watson Pharmaceuticals $WPI will buy smaller generic drug maker Arrow Group for $1.75 billion in cash and stock #mkt #ftb #
Applications to purchase a home or refinance a loan dropped 16% as 30 year mortgage rates sit at 5.50% #mkt #ftb $$ #
Any thoughts on $SRS? #
@chickiedeebaby What is going on over in your world today? in reply to chickiedeebaby #
Eddie Bauer $EBHI filed for Chapter 11 bankruptcy protection today, citing an inability to pay back debt. #mkt #ftb #
[thecuriousinvestor] Why you should be holding cash now http://www.feedthebull.com/article/why-you-should-be-holding-cash-now #mkt #ftb #
Obama blamed the financial crisis on “a culture of irresponsibility.” Federal Reserve has power to oversee the entire financial system #mkt #
The leading economic indicators, designed to forecast activity in the next three to six months, rose 1.2%, above the 0.9% expected #mkt $$ #
@JeffreyLin Thanks for the shout out, glad you like the new FeedTheBull. That is just phase 1, we have many more sick (cool) things in store in reply to JeffreyLin #
Pier 1 Imports $PIR turned a profit 1Q as they were able to reduce some of its debt load, a big accomplishment right now. #mkt #ftb #
Winnebago $WGO, the biggest motor-home manufacturer by market share, posted a loss of $8.6M on in its 3Q. High gas prices must be hurting #
Total US unemployment insurance rolls drop to 6.7 million; first decline since early January #mkt #ftb $$ #
The average rate for a 30-year fixed mortgage was 5.38% this week, down from 5.59% a week earlier #mkt #ftb $$ #
[greenfaucet.com] More Evidence the Recession is Winding Down http://bit.ly/1ANaGS
#mkt #
Illinois’ unemployment rate reached 10.1% in May, the highest it’s been in 25 years. #mkt #ftb $$ #
I need a new stock market poll. Any suggestions? #mkt #ftb $$ #
@BullishBeauty I am sure to get a few responses to that in reply to BullishBeauty #
@snoopyjc @inobrad great suggestions, thank you in reply to snoopyjc #
@squasher98 damn it, I was wondering what happened to those guys. Was supposed to meet them for dinner. LoL in reply to squasher98 #
Google $GOOG has invested an additional $2.6M in 23andMe Inc., a biotech startup launched by Google co-founder Sergey Brin’s wife #mkt #ftb #
[New Poll] Where is the Dow heading next? http://bit.ly/1agXU5
#mkt #ftb #
@heykeenan I can make that the next poll. What other questions do you have? You can ask them here http://tinyurl.com/kprl76 #mkt #ftb in reply to heykeenan #
CarMax’s ($KMX) 1Q profit dropped a much-less-than-expected 2.7%. Shares up 11.34% #mkt #ftb #
New 3G S iPhone on sale today. Stopped by a few stores to check out the lines, and they were non existent. $AAPL #apple #mkt #iphone #
Nestle $NSRGY.PK voluntarily recalled its Toll House refrigerated cookie dough products after 66 reports of E. coil across 28 states #mkt #
[laracrigger] Why Great Housing Starts Just Can’t Support Copper http://tinyurl.com/ntyqqy #mkt #ftb #
FTB’s Unemployment Report: Central Florida’s unemployment rate sits at 10.2% in May, first time in the double digits since 1976 #mkt #ftb $$ #
FTB’s Unemployment Rate: Unemployment in the West jumped to 10.1% in May, the first time that regional threshold has been broken in 25yrs $$ #
Just got done volunteering at the Food Bank of the Rockies. Feels good to help out. #
@snoopyjc What page has the links? in reply to snoopyjc #
Good morning tweeps. Another cloudy weekend in Denver. May try to get some painting done today. #
[socker] EU backs new banking rules; IMF sees stronger 2010 http://bit.ly/19HAUo #mkt #ftb #
[Bullion Bulls] Obama’s finance reforms: Let the Fox guard the Hen-house http://bit.ly/e0M5U #mkt #ftb #
Steve Jobs on medical leave from $AAPL. Recovering from a liver transplant. #mkt #ftb #
Nortel $NT has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company. #mkt #ftb #
Toyota $TM got 180,000 orders for the new Prius hybrid in Japan in just a month, surpassing its target of 10,000 vehicles a month #mkt #
@duffomelia check out mint.com, i think it will help you out a lot in reply to duffomelia #
Anglo American $AAUK, largest platinum producer, received a “preliminary” takeover approach from Xstrata $XTA, the largest exporter of coal #
[Bullion Bulls] Naked shorting and “temporary money” http://bit.ly/12Wh86 #mkt #ftb #
RiskAverseAlert] Is a Stock Market Collapse in the Stars? http://bit.ly/15DeCr Interesting study about solar eclipse and market crashes #mkt #
California’s unemployment rate climbed to 11.5% in May, the highest in modern record-keeping #mkt #ftb #unemployment $$ #
@fortune8 I am sure that is how many people feel about their degrees right now. Not worth much more than a degree in a box in reply to fortune8 #
Trying to wrap up this weeks newsletter. There are a lot of updates on FeedTheBull to talk about this week. #