Thousands and thousands of layoffs this past month, if oil drops another 50% expect hundreds of thousands of more layoffs. Halliburton to cut up to 8% of jobs as oil falls Karma Allen | @iam_karma 3 Hours AgoCNBC.com 22 COMMENTSHalliburton will layoff between 6.5 and 8 percent of its global staff as benchmark crude prices continue to tumble, the oil field services company announced Tuesday. As many as 6,400 employees could be affected by the decision. "We value every employee we have, but unfortunately we are faced with the difficult reality that reductions are necessary to work through this challenging market environment," Halliburton told CNBC in a statement. "The impact will be across all areas of Halliburton's operations."
http://www.cnbc.com/id/102414695 All about Greece and nothing else....I have no idea why this is news when the GDP of greece is about $240 billion. How many states in the US have GDP higher than that. Its getting a bit over played...everyone knows the outcome already. They will get a bailout or an extension just as everyone else has gotten, everyone will cheer and markets will rise 2-3%....everyone knows how to fix the problem ...with more fucking bailouts. This has been the same thing every single time.
NASDAQ up on apple gain... Another $10 billion in market cap being added today.... Law of large numbers will soon work against apple
But don't you think new highs are inevitable just to squeeze shorts, and if so, why do you keep the TVIX? Just being honest.
Yep...and no worries as retail sales missed big time -0.8% vs -0.5% Oh and US jobless rates climb No worries here in fantasy land where the fed backs everything with printed trillions. Futures might fall a few points but its up as usual Oh and apple adding another $5 billion in market cap even before market opens.
Intraday highs, no worries about the weekly job numbers or huge miss on retail sales this morning, everything is fine and dandy, Oh and apple adding another $10 BILLION in market cap again today, remember no company stays on top forever.
2090 is the high on S$$$$P they will be bringing it there today, then its off to new highs never seen before in the history of wall street, 6 year old bull market, still moving higher and higher no matter whats in its path.....