In the week ending July 4, the advance figure for seasonally adjusted initial claims was 565,000, a decrease of 52,000 from the previous week’s revised figure of 617,000. The 4-week moving average was 606,000, a decrease of 10,000 from the previous week’s revised average of 616,000.
I am patiently waiting for mid 120 to get back in. I am in about 30%. We are slowly getting there, but unsure of timing or extent of the future drop.
I will say this until i am blue in the face. Apple can sale a gillion iPhones and Macs, but their stock price will be determined by the overall market. Right now aapl is above the market trend by about 10%.
Next quarter will be critical in regards to earnings for retailers. Retail sales were not stellar in June. If unemployment continues to rise and the hot real estate market takes a breather in fall, we can be in for a world of hurt come Oct and Nov.
Today in Saint Paul, it is currently 64 degrees. I am chilly, pulling weeds. I had to put on my new Menard’s sweatshirt.
Pulling weeds: that’s how it starts: It’d sure be neat if I pulled the old junipers since the trees have grown and they don’t get enough sun. You know while I’m gussying up the garden a sitting area would be nice as well. Maybe I should build a terrace?
Three months later and I’m still building a terrace. With pallets of landscaping materials strewn all over my driveway, neighbors come by and suggest that I should contract the work out while other neighbors stop in and ask if I’m having trouble with the contractor.
Next quarter will be critical in regards to earnings for retailers. Retail sales were not stellar in June. If unemployment continues to rise and the hot real estate market takes a breather in fall, we can be in for a world of hurt come Oct and Nov.
This is almost counterintuitive to me. In this recession, I would have thought the consumer would stay home and garden. I have found all the local garden stores EXTREMELY busy. Plus, the county ran out of compost on April 1st!. The county has NEVER run out of compost before. They usually have it available ALL year.
(Here in Saint Paul, composting lawn and garden waste is MANDATORY! We compost our own lawn and garden waste. We use our own garden compost on our fruits and vegetables. We use the county compost on flowers. We recycle our tomato, raspberry brush at the composite site. But we don’t trust the herbicide and pesticide in the county compost for our fruits and vegetables.
Next quarter will be critical in regards to earnings for retailers. Retail sales were not stellar in June. If unemployment continues to rise and the hot real estate market takes a breather in fall, we can be in for a world of hurt come Oct and Nov.
This is almost counterintuitive to me. In this recession, I would have thought the consumer would stay home and garden. I have found all the local garden stores EXTREMELY busy. Plus, the county ran out of compost on April 1st!. The county has NEVER run out of compost before. They usually have it available ALL year.
(Here in Saint Paul, composting lawn and garden waste is MANDATORY! We compost our own lawn and garden waste. We use our own garden compost on our fruits and vegetables. We use the county compost on flowers. We recycle our tomato, raspberry brush at the composite site. But we don’t trust the herbicide and pesticide in the county compost for our fruits and vegetables.
So hit the Galleria on Friday and scarf up lawn and garden swag. Check.
... I am patiently waiting for mid 120 to get back in. I am in about 30%. We are slowly getting there, but unsure of timing or extent of the future drop ...
I would cut the other 30% loose if AAPL drops to mid $120. We’ve different read. This low means a possible retest of $80. Any decline to below $130 is a sign that you should prepare to get out entirely.
