I Owe JP MorganChase $500,000 On My Mortgage, But I Decided, “You Know What? Fuck This Place! I’m

Northwestern University unveils some shiny, new design proposals for the former Prentice Women’s Hospital site on its Chicago campus.

Designs submitted by Goettsch Partners and Ballinger, Perkins & Will and Adrian Smith & Gordon Gill Architecture and Payette made the final three and now the university wants feedback.

So, tell us: Which design do you like best?

Netflix is looking at what to offer based on what shows are being offered on pirate sites. This is probably a great strategy. If netflix can offer it easier and with better quality I'm sure pirates won't be as effective. I still say netflix is a buy, 

Cost of Shutdown?

Furloughed federal workers protest outside the U.S. Capitol $24 billion dollars is the answer. The 16 day long government shutdown over financing a healthcare reform for America's poorest citizens, that almost crashed the economy, cost the American Taxpayer $24 billion dollars. This was published in an estimate by Standard and Poor's. Another way to look at this is, it cost $1.5 billion dollars a day. The shutdown had a large affect on the economy, and it was estimated that fourth quarter GDP growth  will be reduced from 3% to 2.5%. A breakdown of losses: $3.1 billion was lost to government services according to research firm IHS. $152 million was lost each day to travel spending by the U.S. Travel Association. $76 million per day was lost because the National Parks were closed. $216 million per day was lost in contractor wages in the D.C. area alone. The shutdown affected hundreds of thousands of federal workers. It affected small businesses and stalled many business loans. It put a halt on tourism in many areas and affected military families who rely on child services. Many federal workers will receive furloughed pay, but contractors will not. Financial predictions expect this to affect spending during the holidays. It is still amazing that our politicians would be so irresponsible to let the U.S. government shutdown for over two weeks. The future does not look promising either. The decision made last week to reopen the government is not a solution to the problem but merely a delay until January when the fight over spending and the debt ceiling will come down to another deadline. Hopefully our leaders in Washington can figure this out before then, as usual I am skeptical.

http://aclassasset.blogspot.com/2013/10/how-much-did-that-shutdown-actually-cost.html

Netflix: Bearish Engulfing or Bullish Test of Support?

Is today’s move in Netflix bullish or bearish?

I can look at this chart and see:

1. a potential bearish engulfing candle (if today closes lower than yesterday’s low)

or 2. a test of the break out which can be bought and the support line as a stop to define risk.

Chipotle Mexican Grill, Inc. (NYSE:CMG) has recently run into an epic trend line that signals a longer term top in the stock. This trend line stretche…

Chipotle Mexican Grill, Inc. (NYSE:CMG) has recently run into an epic trend line that signals a longer term top in the stock. This trend line stretches back to 2007, 2012 and now 2013. Each time this level has been reached, the stock has pull back significantly. A pull back over the next 6 months could yield an easy target of $450.00. Gareth Soloway InTheMoneyStocks.com

As technical traders, it our job to follow the money flow. Over millions of years there have been cycles, and patterns that have repeated over and ove…

As technical traders, it our job to follow the money flow. Over millions of years there have been cycles, and patterns that have repeated over and over. Take the seasons for example, there is summer, spring, winter, and fall. These seasons tell us when to prepare for cold weather, warm weather, when to plant, when to harvest, and more. The ancient hunters used to watch the footprints of animal tracks to find their lairs, this is how they were able to feed their families. This is basically the same thing that technical traders do with charts.   As a technical trader we look for patterns that repeat over and over again in order to find solid trading opportunities. Often, when that chart pattern appears it gives the technical trader a chance to make a solid investment decision. While technical trading is not perfect it will allow the discipline trader to exit the investment with a small loss when wrong. Yesterday, the Federal Reserve Bank announced that they would not start to taper their current $85 billion a month QE-3 program. Now, many traders were nervous about taking action ahead of the Fed announcement. A few days earlier I alerted the InTheMoneyStocks members to buy the gold mining stocks. This decision had nothing to do with the Federal Reserve or anyone else, it had to do with the charts. We were able to pick up the Market Vectors Gold Miners ETF (NYSEARCA:GDX) at $25.60 a share on September 12, 2013. Many members where asking me if a taper of QE-3 would hurt the gold mining stocks. I said to them that the chart is telling us that the GDX is going to rise and if I’m wrong we will just stop out of the position with a small loss. I said, trust the charts and do not worry about the news and the chatter in the media. Fortunately for us the GDX rallied higher by 10 percent yesterday closing above $28.00 a share. Learn to use the charts. Over the years the charts have usually forecasted most market moves before anyone in the media. Technical traders should also have a stop loss in place just in case the pattern on the chart fails, but the loss should be small. The key to trading is to let the winning trades run to target and cut the losing quickly when the chart pattern tells us to do so. Now there is a lot to learn about the charts, you will not master them in a day. In fact, we are always learning when following charts, but it sure beats trying to trade off of the news or the talking heads in the media. Nicholas Santiago InTheMoneyStocks.com

Top Ten investment symbols

Whatsontop.tublr.com:

September 08 : What’s On Top Ten Symbols

NASDAQ:FNSR · Finisar Corp.

NASDAQ:FANG · Diamondback Energy, Inc.

NASDAQ:ALNY · Alnylam Pharmaceuticals, Inc.

NYSE:MAN · ManpowerGroup Inc.

NYSE:SDRL · SeaDrill Limited

NASDAQ:SAPE · Sapient Corp.

NYSE:CI · Cigna Corp.

NYSE:STJ · St. Jude Medical Inc.

NASDAQ:MDAS · MedAssets, Inc.

NYSE:RH · Restoration Hardware Holdings, Inc.

HSBC lawsuits and federal security law

HSBC has to pay 2.46 billion after a class action lawsuit claiming it violated federal securities laws.Lawyers for the plaintiff said this lawsuit included $1.48 billion in damager and nearly $1 billion in prejudgement interest. This is the biggest settlement ever following a securities fraud class action trial. HSBC formerly Household International is Europe's biggest bank by market value. In the lawsuit there were three plaintiffs represented by James Glickenhaus of Glickenhaus & Co. My Glickenhaus said that the judgment, "shows that the fraud committed by Household International and the individual defendant officers will not go unpunished, and we look forward to having the judgment affirmed on appeal." The lawsuit claimed that the company fraudulently misled investors on numerous cases including, predatory lending practices, quality of loans, and its financial accounting. HSBC's U.S. shares dropped $0.08 on Thursday and are up less than 2% for the year.

http://aclassasset.blogspot.com/2013/10/hsbc-lawsuits-and-federal-security-law.html

Today, the stock market is higher once again but certain stocks have tumbled dramatically during market hours. In many cases, these drops were on epic…

Today, the stock market is higher once again but certain stocks have tumbled dramatically during market hours. In many cases, these drops were on epic intra-day volume and so fast they resembled the flash crash. Names like Netflix, Inc. (NASDAQ:NFLX), Facebook Inc (NASDAQ:FB) and LinkedIn Corp(NYSE:LNKD) are just some of these companies that experienced a massive mid morning collapse. While they have all bounced slightly, there is a bigger concern that is growing. These flash crash type moves in stocks show us that a crash like 1987 is possible. The markets are up on hot air (aka the Federal Reserve money printing). Today for instance, Wall Street got the Non Farm Payrolls number. The number of created jobs was mediocre at best, if not weak. In addition, this number was calculated based on the numbers prior to the government shutdown. So the next Jobs number should be even weaker. The markets rallied higher because this again dictates that the Federal Reserve will continue printing money for far longer than originally expected. The big concern to the intelligent investor must be how the market is continually moving higher on pure Federal Reserve intervention. Imagine if this market is shocked by something dramatically negative. A huge 1987 type crash could easily follow. A 20% drop in the stock market would basically just wipe out the gains from 2013. That is not out of this realm of possibility. Lastly, I wanted to mention a few interesting dates in history that surround this mid-October period. Just three days ago, on October 19th, 1987 the market crashed. Tomorrow, on October 23rd, 1929, the stock market crashed. This period in history has been bumpy to say the least and with the mini flash crashes in stocks lately, with the market at all time highs, I would be very careful. Gareth Soloway InTheMoneyStocks.com