Thursday, February 04, 2010

STOCK RESULTS FEB 4,2010

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
CNBC VIDEOS
http://www.cnbc.com/id/15839263/site/14081545/?tabid=15839796&tabheader=false

HALF HOUR DOW RESULTS THU FEB 04,2010

09:30 AM -1.77
10:00 AM -152.50
10:30 AM -193.25
11:00 AM -200.27
11:30 AM -191.58
12:00 PM -199.07
12:30 PM -203.90
01:00 PM -214.50
01:30 PM -209.12
02:00 PM -219.47
02:30 PM -205.49
03:00 PM -207.08
03:30 PM -244.03
04:00 PM -268.29 10,002.30

S&P 500 1063.11 -34.17

NASDAQ 2125.43 -65.48

GOLD 1,063.60 -48.40

OIL 73.07 -3.91

TSE 300 11,133.50 -256.90

CDNX 1452.18 -61.80

S&P/TSX/60 651.03 -14.75

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -80 points at 4 minutes of trading today.
Dow -271 points at low today.
Dow -1 points at high today so far.
GOLD opens at $1,097.70.OIL opens at $75.92 today.

AFTERNOON,NEWS,STATS
Dow -271 points at low today so far.
Dow -1 points at high today so far.

WRAPUP,NEWS,STATS
Dow -271 points at low today.
Dow -1 points at high today.

DOW GOT AS LOW AS 09,999.31 POINTS AT LOW TODAY JUST AFTER CLOSE.

NATURAL GAS INVENTORIES -115 BCF.

GOLD FALLS $42.00 AT 10:30AM TO $1,071.00.
OIL FALLS $2.31 AT 10:30AM TO $74.68.
AT 10:40 THE DOW IS AT 10,097.00 POINTS.


GOLD FALLS $44.00 AT 11:30AM TO $1,068.00.
OIL FALLS $3.41 AT 11:30AM TO $73.57.
TSX IS DOWN 195 POINTS AT 11:30AM.
BANK OF AMERICA BOSSES ARE BENG CHARGED WITH FRAUD,CURRUPTION.

THE EURO IS GOING CRAZY TODAY BECAUSE OF GREECE,PORTUGAL,SPAINS ECONOMIES OF SOVEREIGN DEBT.


THE SELLOFF IS WORLDWIDE BECAUSE OF THE EUROPEAN UNION SOVEREIGN DEBT.

World Markets - CNN
ADRs FTSE DAX CAC Currencies World Biz Headlines


Asia Pacific & Australia
Index Change %Change Level Last Update *

Australia ASX 100 -20.90 -0.55% 3,792.20 2/4 12:00am
Australia ASX All Ords -29.10 -0.62% 4,644.10 2/4 12:00am
Australia ASX Mid-cap 50 -42.40 -1.00% 4,197.30 2/4 12:00am
Hong Kong Hang Seng -380.44 -1.84% 20,341.64 2/4 12:00am
Hong Kong HSCC Red Chip -90.42 -2.22% 3,986.03 2/4 4:01pm
Japan Nikkei 225 -48.35 -0.46% 10,355.98 2/4 12:00am

Europe
Index Change %Change Level Last Update *

Belgium Bel 20 -74.76 -2.96% 2,454.90 2/4 5:39pm
Europe DJ Stoxx -70.69 -2.83% 2,425.13 2/4 5:39pm
Europe Euronext 100 -19.35 -2.90% 647.97 2/4 5:38pm
Europe Euronext 150 -42.61 -2.97% 1,391.37 2/4 5:39pm
France CAC -104.22 -2.75% 3,689.25 2/4 5:38pm
France SBF 80 -121.72 -2.56% 4,627.19 2/4 5:39pm
France SBF 120 -75.68 -2.72% 2,704.46 2/4 5:39pm
Germany DAX -138.85 -2.45% 5,533.24 2/4 5:38pm
Germany MDAX -217.30 -2.83% 7,458.38 2/4 5:39pm
Germany TECDAX -25.19 -3.06% 797.36 2/4 5:39pm
Netherlands AEX -9.80 -2.94% 323.23 2/4 5:39pm
Norway OSE Industry -3.55 -0.21% 195.67 2/4 5:28pm
Sweden OMX -1.80 -0.19% 970.00 2/3 12:00am
Sweden OMSX All Share -0.32 -0.11% 307.12 2/3 12:00am
UK FTSE 100 -113.84 -2.17% 5,139.31 2/4 4:35pm
UK FTSE All Shares -60.23 -2.23% 2,635.60 2/4 4:29pm
UK FTSE Eurotop -59.10 -2.73% 2,109.12 2/4 4:29pm
UK FTSE Techmark -20.10 -1.15% 1,731.52 2/4 4:29pm

Americas
Index Change %Change Level Last Update *

Canada TSE 300 -206.83 -1.82% 11,183.63 2/4 11:38am
Canada CDNX -44.27 -2.92% 1,469.71 2/4 11:39am
Canada S&P/TSX 60 -12.54 -1.88% 653.24 2/4 11:39am

Spain presents deficit plan to Brussels
ANDREW WILLIS Today FEB 4,10 @ 09:26 CET


The Spanish government presented its stability programme to the European Commission on Wednesday (3 February), outlining a timetable to rein in an excessive deficit that reached 11.4 percent of gross domestic product last year.Under the plan, Spain will aim to cut its budget deficit to 9.8 per cent of GDP this year, 5.3 per cent of GDP by 2012, and eventually fall in line with EU limits of 3 percent by 2013.Last Friday the Socialist government of Prime Minister Jose Luis Rodriguez Zapatero agreed to some €50 billion worth of savings by 2013.Despite the clawbacks, the stability programme, part of an economic reporting system under EU rules, forecasts Spain's debt-to GDP ratio will continue to rise, reaching 74.3 percent in 2012. The country's debt situation is considerably better than many EU states however, with a debt-to-GDP ratio last year of 55.2 percent, compared with a median of 78.2 percent for the EU as a whole.EU rules allow for maximum debt ratios of 60 percent, but the financial crisis and subsequent recession have pushed many member states over the threshold.

Eurozone risk?

The Spanish economy was thrust into the limelight last month when New York University professor Nouriel Roubini, known for his early prediction of the economic crisis, said Spain posed a major threat to the stability of the European currency club.The eurozone could drift, essentially with a bifurcation, with a strong centre and a weaker periphery, and eventually some countries might exit the monetary union, he warned from the World Economic Forum in Davos, Switzerland. If Greece goes under, that's a problem for the eurozone. If Spain goes under, it's a disaster, he continued. Spain suffers from a jobless rate that is by far the highest of the main eurozone economies. At roughly 19 percent it is almost double the bloc's average, with the country's unemployment register this week topping 4 million for the first time since the current system of records began in 1996.The country's banking system was considered to be fairing better than others during much of the financial crisis. However last month saw the commission approve a Spanish plan to recapitalize its banking sector, in a bid to continue the normal lending of credit institutions. Others point to the profound effect the country's huge number of unsold houses could eventually have on its financial sector.

Speaking in Brussels on Wednesday, EU economy commissioner Joaquin Almunia said Greece, Portugal and Spain had suffered a permanent decline in economic competitiveness since joining the euro region.EU data show Spanish, Greek and Portuguese labor costs have risen more than four percent a year on average in the last decade, compared with 2.1 percent in Germany.

Greece facing strict surveillance from Brussels
ANDREW WILLIS 03.02.2010 @ 17:14 CET


EUOBSERVER / BRUSSELS - The European Commission has said it fully supports the Greek government's deficit-cutting plan announced last month, but outlined a strict surveillance programme at the same time to ensure targets are met.The EU executive body also issued Greece with recommendations under the bloc's excessive deficit procedure, and used Article 121 of the Lisbon Treaty for the first time to push for badly needed structural reforms. We are endorsing the Greek programme, we are giving confidence and supporting the Greek authorities,said outgoing EU economy commissioner Joaquin Almunia, in Brussels on Wednesday (3 February).But at the same time ...we need to strengthen instruments to monitor how the programme is implemented so as to avoid slippages, to avoid that the objectives are not reached, he said. Commission recommendations on measures to reduce the deficit are largely in line with Greek government commitments, outlined in its January stability plan and expanded on by the country's prime minister, George Papandreou, in a televised speech on Tuesday. Athens has promised to bring its deficit below three percent of GDP by 2012, after last year's shortfall hit 12.7 percent. It intends to increase revenue by eliminating tax exemptions, raising excise duties on tobacco and alcohol and introducing measures to fight tax evasion. At the same time, the government says it will shrink its expenditure by cutting public servant allowances, freezing recruitment in 2010 and only recruiting one for every five civil servants retiring thereafter. Mr Papandreou's speech was met by fresh calls from Greek union's to attend a previously announced strike for civil servants on 10 February.

Markets

Greece's problems in the real economy have been compounded in recent weeks by market fears the southeastern EU country could default on its debt obligations. Yields on Greek government bonds fell back on Wednesday following the commission announcement, after spreads with the German Bund reached an 11-year high last week. Investors have questioned the socialist PASOK administration's ability to push through the tough deficit-cutting measures, after years of missed targets and an electoral campaign last autumn promising spending increases.Commission statements are partially directed at these concerns.Every time we observe slippages, we will ask the Greek authorities to take additional measures, said Mr Almunia. EU finance ministers are expected to adopt the commission's recommendations at their next meeting on the 15-16of February. The first monitoring assessment will take place one month later on 16 March, followed by a second on 16 May and at three-month intervals thereafter. This is a very tough system of monitoring but the confidence about the success of the programme depends on it, said Mr Almunia.

Legal action over false data

Market jitters also stem from doubts over the reliability of the Greek fiscal data provided to the EU's statistics office, Eurostat. Last October the country's newly elected government upwardly revised deficit figures for 2008 and 2009, prompting widespread anger in Brussels and national capitals. Mr Almunia announced the commission had initiated legal action against the Greeks as a result of this, and would seek auditing powers for Eurostat once the new college of commissioners had been approved by the European Parliament. We have adopted an infringement procedure regarding the statistical problems, he said. Politically we have also discussed the initiative ...of sending to the council [representing member states] in the coming days or weeks ...the legal proposal for the modification of the statistical regulations to give Eurostat audit powers when needed,he added.

New York AG filing civil charges against BofA By STEPHEN BERNARD, AP Business Writer – FEB 4,10

New York – The New York Attorney General's office said Thursday it is filing civil charges against Bank of America and its former CEO Ken Lewis, saying the bank misled investors about Merrill Lynch when it acquired the Wall Street bank in late 2008.
Civil charges were also being filed against Joe Price, the bank's former chief financial officer. Price is now head of the bank's consumer banking division.At the same time New York Attorney General Andrew Cuomo's office was filing its civil charges, the Securities and Exchange Commission also reached a settlement to resolve charges it brought against Bank of America over similar issues.Lewis stepped down from Bank of America on Dec. 31 after almost a year of strife that followed the bank's purchase of Merrill Lynch.Bank of America has been accused of failing to properly disclose losses at Merrill and bonuses paid to investment bank employees before the deal closed.Cuomo called Bank of America's actions egregious and reprehensible in deceiving not only shareholders, but also the federal government.

The bank received an additional $20 billion in government bailout funds in January 2009 to help offset losses it absorbed as part of the Merrill Lynch acquisition. In December, Bank of America repaid the $20 billion, plus the initial $25 billion it received in government bailout money.We are disappointed and find it regrettable that the NYAG has chosen to file these charges, which we believe are totally without merit, Bank of America spokesman Robert Stickler said.The evidence demonstrates that Bank of America and its executives, including Ken Lewis and Joe Price, at all times acted in good faith and consistent with their legal and fiduciary obligations, Stickler said.In fact, the SEC had access to the same evidence as the NYAG and concluded that there was no basis to enter either a charge of fraud or to charge individuals.Bank of America agreed to pay $150 million to shareholders to settle the SEC charges. The agreement still must be approved by Judge Jed S. Rakoff of the United States District Court for the Southern District of New York.Stickler said the company, along with the executives will vigorously defend themselves.AP Business Writers Ieva M. Augstums in Charlotte, N.C. and Stevenson Jacobs in New York contributed to this report.

YOU THINK THIS IS BAD A MONTH WAIT TILL THE CAP & TRADE BILL COMES INTO EFFECT,I FIGURE 800,000 JOBS WILL BE LOST EACH MONTH IF NOT MORE.THAT MARKET CRASH MAY COME REAL SOON NOW LIKE THE BIBLE PREDICTS

New US jobless claims jump more than expected
FEB 4,10


WASHINGTON (AFP) – Initial US claims for unemployment insurance rose last week, official data showed Thursday ahead of the key monthly labor report that signals economic momentum.The Labor Department reported seasonally adjusted claims rose to 480,000 in the week ending January 30, up 8,000 from the prior week's upwardly revised 472,000.The reading was worse than the consensus forecast of 455,000 new claims.Initial claims have risen in three of the past four weeks, a trend that had not occurred since August, the data showed. The last time new claims were so high was in the week ending December 12.The disappointing initial claims numbers come ahead of Friday's January unemployment and jobs data. Most analysts expect the Labor Department will report unemployment held steady at 10 percent and the economy created 15,000 jobs, after a loss of 85,000 in December.

Oil prices fall most since July on economic fears By Christopher Doering and Joshua Schneyer – 12:15PM FEB 4,10

NEW YORK (Reuters) – Oil prices plunged 5 percent on Thursday in their steepest drop since July after higher U.S. jobless claims and a firming dollar prompted investors to shun riskier assets like commodities.U.S. crude for March delivery fell $3.76 a barrel to $73.22 by 11:48 a.m EST, while London Brent shed $3.64 to $72.28 a barrel.
The number of U.S. workers filing initial jobless claims rose to a more-than-expected 480,000 last week, the Labor Department said Thursday.The U.S. dollar shot up to a seven-month high against the euro amid growing concerns over the fiscal health of European economies including Greece, Portugal and Spain.European Central Bank President Jean-Claude Trichet said the region's economic recovery could be uneven and subject to uncertainty.A stronger dollar can cut investor appetite for oil, which is priced in the U.S. currency. Data from the U.S. Energy Information Administration showed U.S. refinery utilization fell to 77.7 percent last week amid poor margins, the lowest since the 1980s except for periods of hurricane-related refinery outages. The underlying fundamentals are coming back to haunt us now, and oil is falling. Unemployment numbers were worse than expected and the euro came under pressure overnight, said Gene Mcgillian with Stamford, Connecticut-based Tradition Energy.

The data on U.S. oil inventories and refinery runs have shown that there really isn't demand for refiners to use more crude, Mcgillian said.Oil prices were still up for the week after closing at $72.89 a barrel last Friday. But they have dropped more than $10 a barrel since reaching a 15-month closing high above $84 on January 11, as fuel demand has stagnating amid a sluggish economic recovery in the United States, the largest oil consumer.The U.S. Department of Energy said on Wednesday that U.S. crude stockpiles rose sharply last week.Oil prices also fell as investors moved funds away from assets deemed riskier, such as commodities and equities, and parked them in safe-havens like U.S. Treasury bonds. Equities tumbled around the globe on Thursday, with the S&P 500 index falling more than 2.4 percent.(Additional reporting by David Sheppard in London and Alejandro Barbajosa in Singapore; Editing by David Gregorio)(Reporting by Joshua Schneyer; Editing by David Gregorio)

ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.

PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they (MUSLIMS) have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,(JORDAN) and the Ishmaelites;(ARABS) of Moab, PALESTINIANS,JORDAN) and the Hagarenes;(EGYPT)
7 Gebal,(HEZZBALLOH,LEBANON) and Ammon,(JORDAN) and Amalek;(SYRIA,ARABS,SINAI) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)

ISRAEL IS RIGHT ON PROPHECY SAYS DAMASCUS GETS NUKED,IT ENDS UP A HEAP OF RUBBLE SO THEIR WILL BE A WAR WITH SYRIA IN THE NEAR FUTURE THAT FINALLY ENDS SYRIAS HARRASING ISRAEL.AS WE SEE IT WILL BE MORE THAN JUST SYRIA THAT GETS DESTROYED BY ISRAEL AND THE EU IN THE FUTURE,ALL THESE NATIONS THAT HATE ISRAEL WILL BE NUKED NOT NECCESARILY TOTALLY DESTROYED THOUGH,SOME OF THEM.THE BIBLE SAYS JORDAN SURVIVES.

Israel warns Syria it would lose future war By IAN DEITCH, Associated Press Writer – FEB 4,10

JERUSALEM – Israel's outspoken foreign minister harshly warned Syria Thursday against drawing the Jewish state into another war, saying the Syrian army would be defeated and its regime would collapse in a future conflict.Foreign Minister Avigdor Lieberman also advised Syria to abandon its dreams of recovering the Israeli-held Golan Heights in a speech that ratcheted up simmering political tensions between the two longtime foes and sparked an urgent damage control campaign from the prime minister's office.Lieberman's exceptionally sharp words followed Syrian President Bashar Assad's accusation on Wednesday that Israel was the one avoiding peace, and the Syrian foreign minister's earlier threat that Israeli cities would be attacked in a future conflict.The Syrians have crossed a red line that cannot be ignored, Lieberman said in a speech at Bar-Ilan University, near Tel Aviv.Our message must be clear to Assad: In the next war, not only will you lose but you and your family will lose power, he added.

Lieberman heads the ultranationalist Yisrael Beiteinu faction. He has stirred controversy before with statements that Israeli-Arab lawmakers who meet Palestinian militants should be executed and that the president of Egypt could go to hell. He later apologized for the comment directed at the Egyptian leader.Lieberman's bellicose language contrasted sharply with a statement Israeli Prime Minister Benjamin Netanyahu issued late Wednesday, saying Israel seeks peace. It also said Netanyahu would be willing to go anywhere in the world, and doesn't rule out any assistance by a fair third party, to promote the political process in order to begin peace talks with Syria without any preconditions.In another statement Thursday, Netanyahu's spokesman Nir Hefetz said the prime minister spoke with Lieberman about the Syria issue.The two clarify that the policy of the government is clear: Israel seeks peace and negotiations with Syria without preconditions. Having said that, Israel will continue to act aggressively and persistently to any threat toward it, the statement read.In a third statement, the prime minister's office said Netanyahu will ask his ministers to refrain from speaking out about the Syrian issue.Syria demands the return of the Golan Heights — the strategic plateau Israel captured in the 1967 Mideast war — as the price of any deal.

But Lieberman said there would be no such thing.

We must make Syria recognize that just as it relinquished its dream of a greater Syria that controls Lebanon ... it will have to relinquish its ultimate demand regarding the Golan Heights,Lieberman said.There was no immediate comment from Syrian officials to Lieberman's remarks.Several rounds of indirect peace talks between Syria and Israel in 2008 ended without agreement.Israeli Defense Minister Ehud Barak warned earlier this week that the absence of peacemaking with Syria could result in a regional war.

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