Where we're at...
DJIA 11,204.28
S&P 500 1,217.28
10-Yr T-Note 3.82%
s&p P/E: 22.28
VIX: 16.62
equity: 30
bond: 30
cash: 40
1 yr: 17%
The TXT 1st quarter earnings call was this week. I listened in over lunch, the CEO seemed to be straight forward about his assessment. CSNA had a bad quarter, low orders and more cancels than expected, but not many more. He stated that the production rate will not change at this time. I interpret that to mean that it is being watched and could change later this year. The rumors are still strong that we'll be furloughed sometime in the summer. The other divisions are performing well, especially industrial.
Spouse's company lost an employee this week to Cerner in KC. They are now looking for 2 people. Hopefully the economists are right and job growth is beginning to occur. Regardless, it will be a long slog out of the muck.
Saturday, April 24, 2010
Saturday, April 10, 2010
storm clouds....
Where we're at:
DJIA 10,997.35
S&P 500 1,194.37
10-Yr T-Note 3.89%
VIX: 16.14
s&p P/E: 21.86
equity: 30
bond: 31
cash: 39
1 yr: 10.22
The rumors are starting to fly again this year. Apparently CSNA had another weak quarter, orders were lowers than expected and cancellations were higher than expected, so more furloughs (I predicted) and layoffs (I didn't) are coming. Not sure how many, we'll probably get an idea around the end of April before the analyst call. I'm still glad we did our kitchen work, but feel a little stupid for buying the truck. My gut told me to wait until the end of April, but I couldn't. Oh well, we paid cash and we'll cancel the extended service contract to recover ~$1900. Spouse's job still seems solid and she may start earning commission this year.
I think I'll take unemployment for whatever we get this summer, then take vacation for any winter furlough. I still think my job is stable (good review, raise, tight with lead), but if things deteriorate, who knows. The pup survived last year and might be the first to go if we cut anyone. For now, I'll leave investments alone and continue funding retirement. I may cancel the CO trip this summer and we'll have to see about the cruise next year.
I will get a lot of riding in this summer and I'll continue plowing through my data mining studies to increase my marketability. I also may contact a previous colleague to see if he has any work.
Health, family, home, job, investments in that order....
DJIA 10,997.35
S&P 500 1,194.37
10-Yr T-Note 3.89%
VIX: 16.14
s&p P/E: 21.86
equity: 30
bond: 31
cash: 39
1 yr: 10.22
The rumors are starting to fly again this year. Apparently CSNA had another weak quarter, orders were lowers than expected and cancellations were higher than expected, so more furloughs (I predicted) and layoffs (I didn't) are coming. Not sure how many, we'll probably get an idea around the end of April before the analyst call. I'm still glad we did our kitchen work, but feel a little stupid for buying the truck. My gut told me to wait until the end of April, but I couldn't. Oh well, we paid cash and we'll cancel the extended service contract to recover ~$1900. Spouse's job still seems solid and she may start earning commission this year.
I think I'll take unemployment for whatever we get this summer, then take vacation for any winter furlough. I still think my job is stable (good review, raise, tight with lead), but if things deteriorate, who knows. The pup survived last year and might be the first to go if we cut anyone. For now, I'll leave investments alone and continue funding retirement. I may cancel the CO trip this summer and we'll have to see about the cruise next year.
I will get a lot of riding in this summer and I'll continue plowing through my data mining studies to increase my marketability. I also may contact a previous colleague to see if he has any work.
Health, family, home, job, investments in that order....
Saturday, April 03, 2010
car shopping...
Where we're at:
DJIA 10,927.07
S&P 500 1,178.10
10-Yr T-Note 3.86%
VIX 17.47
s&p P/E: 21.69
equity: 29
bond: 31
cash: 40
1yr 10.92%
We finished the minor kitchen renovations this week with the new floor. The kitchen looks great, the installer did a great job on the countertops and the flooring. Today, we continue vehicle shopping at carmax. Hope everything I have heard is true about that place. We'll see if we come out with a vehicle today. Spouse is amped up. She started her SEP-IRA this week. I think it will be OK at MS. I am completing our 2009 Roth contributions. The TXT I sold a couple of weeks ago was a good call, it's back below 22.
DJIA 10,927.07
S&P 500 1,178.10
10-Yr T-Note 3.86%
VIX 17.47
s&p P/E: 21.69
equity: 29
bond: 31
cash: 40
1yr 10.92%
We finished the minor kitchen renovations this week with the new floor. The kitchen looks great, the installer did a great job on the countertops and the flooring. Today, we continue vehicle shopping at carmax. Hope everything I have heard is true about that place. We'll see if we come out with a vehicle today. Spouse is amped up. She started her SEP-IRA this week. I think it will be OK at MS. I am completing our 2009 Roth contributions. The TXT I sold a couple of weeks ago was a good call, it's back below 22.
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