Aspen
Oakridge Top Right
HPCwire

Since 1986 - Covering the Fastest Computers
in the World and the People Who Run Them

Language Flags

Visit additional Tabor Communication Publications

Datanami
Digital Manufacturing Report
HPC in the Cloud
Green Computing Report

Tabor Communications
Corporate Video

HPC Market Watch


This Weeks EU Summit Trade


Lets Hope the EU Summit Provides Some Financial Intelligence This Week


It’s Monday and I usually am posting a buy or sell stock pick but this week I don’t have what I consider a low-risk high-reward pick on the buy or sell side. In general I suggest shorting stocks commodities and buying the US Dollar this week. Instead of an individual stock pick this week, I’ve got some information below on Idea Theme Investing for you to think about and act on if you wish. Investing in new ideas as well as old that you can profit from moving into the new global future. In the meantime the EU Summit is coming up at the end of the week, and the markets look to be currently focused on that meeting for market direction.

I do see equities selling off more but I wouldn’t be surprised if stocks head higher testing major resistance again. I’m betting the Fed is going to come into the market at some time and try to liquefy it again to support asset prices whether it’s a good idea or not. It’s a bad idea in my opinion but Bernanke what he thinks is right no matter what I or others think.

Investors and traders this week have to deal with the idea of the global economy slowing down more after last week’s disappointing economic reports from the USA, China and Europe. The reports showed that the manufacturing outputs of these global regions are in decline. With this new data showing the GDP is slowing the US Dollar and US Treasuries are heading higher. US bonds and treasuries could be the next asset bubble so beware here also.

The European debt crisis looks to be currently the main factor but not the only one behind this global GDP slowdown. This week the market is looking to the EU summit in the hope of new policies and actions that will solve the crisis and get growth growing again. The European Central Bank has been advised by many to take leadership with the crisis. The market will still have to wait and see on this.

The markets are looking for clearer signs from the EU summit in whether to risk-on or risk-off on trading stock and commodities assets. The uncertainty of the bank debt in Spain is a current leading factor with Spain’s finance minister asking for a credit line of about 100 billion Euros from the EU and IMF.

More economic problems for the markets is the debt between European members and their banking sectors. Hopefully EU politicians will create policies to lessen or eliminate altogether this stress caused by this debt link. The idea here is to help get Spain’s 10 year bond yields below 7% to give them a chance to pay back the debt in the future. In the meantime the markets will be rightly concerned this week if the EU summit does not provide solutions to these debt problems and any contagion spreads around the world slowing down GDP even more.

The big recent statement from the Italian prime minster was that this week is the time to save the Eurozone. Most market pros agree that in order for this to happen vital policies must be agreed and acted upon immediately. One example of vital market saving policy is dealing with the austerity being forced upon Spain and Greece currently and their ability to pay their debt and the time they need to pay it off. Also the European Central Bank needs to be allowed to print more euro-dollars which they are not allowed to do currently. These debt problem issues along with many others will be talked about at this weeks EU summit and this time hopefully they take pro-action to make the new ideas to stop the crisis from deepening.

With the new Greek Prime Minister Antonis Samaras reportedly going to miss the summit because of recent eye surgery the hope of major action is fading in my opinion but we shall wait and see. The results from this EU summit can easily show the direction of the markets for awhile. If the EU talk becomes real it could provide support to the Euro and see the EURUSD price head back to the 1.3000 area, and if it is only talk with no action the EURUSD could head much lower. For us, we are betting the EU summit does not provide any real actionable solutions in time for the Euro to head lower. In case we are wrong, we’ll stop-loss and reverse, but we see what comes out of this weeks EU Summit first. Long story short this week we are equities commodities short for the most part and US Dollar long.

As I mentioned above I want share some new information on investing in ideas and themes the stocks of companies involved in these. Call this new trend investing or whatever, idea theme investing has been around for a long time and Motif Investing has created new and unique ways for investors and traders to profit from from the new trends and markets of this century and going forward. Click the Motif Investing image link below to review more information.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here

Sponsored Links

Accelerate your science with Seneca
One of the first HPC providers installing a 4X NVIDIA Kepler K-20 cluster. Invites you to a free evaluation on Seneca’s NVIDIA K20 Kepler cluster, pre-loaded with AMBER, NAMD, LAMMPS

Webinar: Programming Heterogeneous X64+GPU Systems Using OpenACC
Join Michael Wolfe as he compares the advantages and costs of using both low-level models and the directive-based OpenACC model for programming accelerated heterogeneous systems. Registration is free.

High-Performance Computing in Action
Businesses that want to be on the cutting edge of their industries are increasingly turning to high-performance computing (HPC) solutions to handle complex compute processes and speed up their rate of innovation. Download this Executive Brief to see how businesses in energy, life sciences and entertainment put HPC solutions to work in their operations.

May 21, 2013

May 20, 2013

May 17, 2013

May 16, 2013

May 15, 2013

May 14, 2013

May 13, 2013

May 10, 2013

May 09, 2013


Most Read Features

Most Read Around the Web

Most Read This Just In

Cray CS300-LC

Feature Articles

CERN, Google Drive Future of Global Science Initiatives

Large-scale, worldwide scientific initiatives rely on some cloud-based system to both coordinate efforts and manage computational efforts at peak times that cannot be contained within the combined in-house HPC resources. Last week at Google I/O, Brookhaven National Lab’s Sergey Panitkin discussed the role of the Google Compute Engine in providing computational support to ATLAS, a detector of high-energy particles at the Large Hadron Collider (LHC).
Read more...

Saddling Phi for TACC’s Stampede

The Xeon Phi coprocessor might be the new kid on the high performance block, but out of all first-rate kickers of the Intel tires, the Texas Advanced Computing Center (TACC) got the first real jab with its new top ten Stampede system.We talk with the center's Karl Schultz about the challenges of programming for Phi--but more specifically, the optimization...
Read more...

"No Exascale for You!" An Interview with Berkeley Lab's Horst Simon

Although Horst Simon was named Deputy Director of Lawrence Berkeley National Laboratory, he maintains his strong ties to the scientific computing community as an editor of the TOP500 list and as an invited speaker at conferences.
Read more...

Short Takes

Running Computational Fluid Dynamics in the Cloud

May 16, 2013 | When it comes to cloud, long distances mean unacceptably high latencies. Researchers from the University of Bonn in Germany examined those latency issues of doing CFD modeling in the cloud by utilizing a common CFD and its utilization in HPC instance types including both CPU and GPU cores of Amazon EC2.
Read more...

Computing the Physics of Bubbles

May 15, 2013 | Supercomputers at the Department of Energy’s National Energy Research Scientific Computing Center (NERSC) have worked on important computational problems such as collapse of the atomic state, the optimization of chemical catalysts, and now modeling popping bubbles.
Read more...

Internet2 Awards Program Seeks Innovative Applications

May 10, 2013 | Program provides cash awards up to $10,000 for the best open-source end-user applications deployed on 100G network.
Read more...

Floating Funding to Exascale Island

May 09, 2013 | The Japanese government has revealed its plans to best its previous K Computer efforts with what they hope will be the first exascale system...
Read more...

Sponsored Whitepapers

Best Practices in Big Data Storage

05/10/2013 | Cleversafe, Cray, DDN, NetApp, & Panasas | From Wall Street to Hollywood, drug discovery to homeland security, companies and organizations of all sizes and stripes are coming face to face with the challenges – and opportunities – afforded by Big Data. Before anyone can utilize these extraordinary data repositories, however, they must first harness and manage their data stores, and do so utilizing technologies that underscore affordability, security, and scalability.

Progress in Parallel: the Bull Parallel Programming Center

04/15/2013 | Bull | “50% of HPC users say their largest jobs scale to 120 cores or less.” How about yours? Are your codes ready to take advantage of today’s and tomorrow’s ultra-parallel HPC systems? Download this White Paper by Analysts Intersect360 Research to see what Bull and Intel’s Center for Excellence in Parallel Programming can do for your codes.

Sponsored Multimedia

SGI DMF ZeroWatt Disk Solution

In this demonstration of SGI DMF ZeroWatt disk solution, Dr. Eng Lim Goh, SGI CTO, discusses a function of SGI DMF software to reduce costs and power consumption in an exascale (Big Data) storage datacenter.

Cray CS300-AC Cluster Supercomputer Air Cooling Technology Video

The Cray CS300-AC cluster supercomputer offers energy efficient, air-cooled design based on modular, industry-standard platforms featuring the latest processor and network technologies and a wide range of datacenter cooling requirements.

SC12 Editorial Feature HPCwire Soundbite sponsored by ISC

Newsletters

Stay informed! Subscribe to HPCwire email Newsletters.

HPCwire Weekly Update
HPC in the Cloud Update
Digital Manufacturing Report
Datanami
HPCwire Conferences & Events
Job Bank
HPCwire Product Showcases



HPC Job Bank

HPCwire Events

Featured Events


  • June 16, 2013 - June 20, 2013
    ISC'13
    Leipzig,
    Germany

  • June 17, 2013 - June 18, 2013
    Forecast 2013
    San Francisco, CA
    United States