Saturday, July 16, 2011

071611.18.9--Message for Today: Earthquake, stock market

  1. There shall be more earthquakes developing.  I hope Los Angeles, or anywhere in California, USA would not be hit.  Asian Countries show strong signals, but only Mother Earth knows where the pressures are!  It is always wise to be prepared.
  2. There shall be more financial instability looming in the horizon.  Stock market will have a rough ride.


Anonymous said...

No tsunami watch from magnitude 6.1 Alaska quake

ReutersBy Yereth Rosen: Editing by Alex Dobuzinskis | Reuters – 10 hrs ago

ANCHORAGE, Alaska (Reuters) - An earthquake of 6.1 magnitude rocked a portion of Alaska's eastern Aleutian Islands on Saturday, but no tsunami warning was anticipated and there were no reports of damage, officials said.

The earthquake was centered about 50 miles southwest of Sand Point, a fishing community with nearly 1,000 residents, said the West Coast and Alaska Tsunami Warning Center in Palmer, Alaska.

"We really don't expect any damage," said James Waddell, a physical scientist with the center. "I'm sure that the locals felt it, but that's kind of the extent of it."

(Reporting by Yereth Rosen: Editing by Alex Dobuzinskis)

Anonymous said...

“This Is a Risky Time”: Stocks Fall, More Drama Coming, Says BTIG’s Greenhaus

By Aaron Task | Daily Ticker – 7 hours ago

Stocks tumbled Monday as dual debt crises in the U.S. and Europe weighed heavily on investor sentiment. As of 2 p.m. EDT, the Dow was down more than 1%, although off its worst levels of the session.

Dan Greehaus, chief global strategist at BTIG, says more upheaval is likely in the days and weeks ahead.

Anonymous said...

Major quake hits southern Kyrgyzstan
APAP – 17 mins ago

BISHKEK, Kyrgyzstan (AP) — The U.S. Geological Survey says a powerful earthquake measuring 6.2 has struck a remote area in southern Kyrgyzstan on the border with Uzbekistan.

No casualties or serious damage were immediately reported from the temblor, which hit at about 1:35 a.m. local time 400 kilometers (250 miles) from Bishkek, the capital of Kyrgyzstan, a mountainous Central Asian nation.

The closest heavily populated area appears to be the Uzbek city of Ferghana.

In Andijan, the next largest city in Uzbekistan's Ferghana Valley, residents told The Associated Press that many people have left their homes in panic and are standing in the streets. That industrial city is roughly 100 kilometers (60 miles) from the epicenter.

Anonymous said...

Strong quake hits Central Asia, buildings damaged

By Matthew Jones | Reuters – 4 hrs ago

OSH, Kyrgyzstan (Reuters) - A powerful earthquake hit Central Asia's densely populated Ferghana valley early on Wednesday, shaking homes and sending residents of several Uzbek and Kyrgyz cities onto the streets in panic, residents said.

The U.S. Geological Survey said the 6.1 magnitude earthquake occurred 17.8 km (11.1 miles) underground, about 42 km (26 miles) southwest of Ferghana, a city in the east of Uzbekistan in an area close to the border with Kyrgyzstan.

Anonymous said...

Strong earthquake jolts northeastern Japan

AP – 13 mins ago

TOKYO (AP) — Japan's Meteorological Agency says a strong earthquake with a preliminary magnitude of 6.5 has jolted northeastern Japan, the same region devastated by March's massive quake and tsunami.

There were no immediate reports of injuries or damage from the Saturday afternoon quake, and no tsunami warning was issued.

The quake was centered 25 miles (40 kilometers) below the sea bed in the Pacific Ocean off the coast of Miyagi prefecture — in the same area where more than 22,000 people were killed or went missing after the March 11 quake and tsunami.

Anonymous said...

Strong earthquake strikes off Papua New Guinea

AP – 3 hrs ago

SYDNEY (AP) — A strong earthquake has struck off the coast of the Pacific nation of Papua New Guinea. There are no immediate reports of damage or injuries and no tsunami alert was issued.

The U.S. Geological Survey says the magnitude-6.2 quake struck Monday 46 miles (73 kilometers) south of the town of Kavieng on the island of New Ireland. The earthquake struck at a depth of 21 miles (34 kilometers).

The Pacific Tsunami Warning Center did not issue a tsunami alert.

The Pacific island nation of Papua New Guinea lies on the "Ring of Fire" — an arc of earthquake and volcanic zones that stretches around the Pacific Rim and where about 90 percent of the world's quakes occur.

Anonymous said...

30 July 2011 Last updated at 16:06 ET
Earthquake jolts north-east Japan - no tsunami warning

A 6.4 magnitude earthquake has been felt in north-east Japan, shaking buildings in the capital Tokyo, reports say.

The quake's epicentre was off the east coast of Honshu.

It struck in the same area as the 11 March earthquake and tsunami but no abnormalities at Japanese nuclear plants were reported, Reuters says.

There were no immediate reports of damage or injuries and no tsunami warning was issued.

More than 20,000 people died or were reported missing as a result of the disaster in March, which also crippled nuclear reactors in the Fukushima area.

The quake occurred close to Iwaki, with its centre around 100km (60 miles) south-south-east of Fukushima city.

It occurred at 0354 local time on Sunday (1854 GMT Saturday), at a depth of 44km (27 miles).

Anonymous said...

Stocks now down for year as economic concerns grow

Stocks retreat, with S&P down 2.6 percent as weak economic signs overshadow debt bill passage

David K. Randall, AP Business Writer, On Tuesday August 2, 2011, 4:13 pm

NEW YORK (AP) -- A sell-off is erasing all of the year's gains in the stock market.

The Standard & Poor's 500 lost 2.6 percent Tuesday as investors grew increasingly concerned about the economy. The benchmark index is now at its lowest point of the year.

A report that consumers cut their spending in June for the first time in two years added to a series of weak economic indicators have pushed stocks lower for seven straight days.

The S&P is closing down 33 points to 1,254. The Dow Jones industrial average is down 266, or 2.2 percent, to 11,867. The Nasdaq is down 75, or 2.8 percent, to 2,669.

Four stocks fell for every one that rose on the New York Stock Exchange. Volume was higher than average at 5.3 billion shares.

Anonymous said...

Dow falls 512 in steepest decline since '08 crisis

Worst day for Wall Street since 2008 crisis: Dow falls 512 and investors flee for safety

David K. Randall, AP Business Writer, On Thursday August 4, 2011, 8:15 pm EDT

NEW YORK (AP) -- Gripped by fear of a new recession, the stock market suffered its worst day Thursday since the financial crisis in the fall of 2008. The Dow Jones industrial average fell more than 500 points, its ninth-steepest decline.

The sell-off wiped out the Dow's remaining gains for 2011. It put the Dow and broader stock indexes into what investors call a correction -- down 10 percent from their highs in the spring.

"We are continuing to be bombarded by worries about the global economy," said Bill Stone, the chief investment strategist for PNC Financial.

Across the financial markets, the day was reminiscent of the wild swings that defined the financial crisis in September and October three years ago. Gold prices briefly hit a record high. Oil fell even more than stocks -- 6 percent, or $5.30 a barrel. And frightened investors were so desperate to get into some government bonds that they were willing accept almost no return on their money.

It was the most alarming day yet in the almost uninterrupted selling that has swept Wall Street for two weeks. The Dow has lost more than 1,300 points, or 10.5 percent. By one broad measure kept by Dow Jones, almost $1.9 trillion in market value has disappeared.

For the day, the Dow closed down 512.76 points, at 11,383.68. It was the steepest point decline since Dec. 1, 2008.

Thursday's decline was the ninth-worst by points for the Dow. In percentage terms, the decline of 4.3 percent does not rank among the worst. On Black Monday in 1987, for example, the Dow fell 22 percent.

Two weeks ago, investors appeared worried about the deadlocked negotiations in Washington over raising the ceiling on government debt. As soon as the ceiling was raised, investors focused on the economy, and the selling accelerated.

On Thursday, growing fear about the weakening U.S. economy was joined by concern in Europe that the troubled economies of Italy and Spain might need help from the European Union.

The European Union has already given financial assistance to Greece and Ireland, two countries that have struggled to pay their debts. A financial rescue package for Italy or Spain might be more than the group of countries can handle.

Anonymous said...

4 August 2011 Last updated at 22:18 ET

Asian stocks tumble after heavy sell-off on Wall Street

Asian stock markets have slumped on Friday, extending a global equity sell-off after Wall Street had its worst day in more than two years.

Japan's main Nikkei 225 index shed 3.4% to 9,329.75. South Korea lost 4.2%, while Australia slid 2.4%.

On Thursday, shares in the US and Europe tumbled on fears about the strength of the US economic recovery and the eurozone debt crisis.

Analysts warned that global markets may remain volatile in the coming weeks.

"Fear is the major theme," David Cohen of Action Economics told the BBC in an interview.

"People were cautiously optimistic that we would get back on track in the second half of the year. But with the US recovery stalling and the possible repercussions for the global economy, stock markets have been under pressure for a while."

The sell-off in global equities has hit investors hard.

Over the past nine trading sessions, the US S&P 500 stock index has lost $1.37tn (£843.6bn) from its total market value.

In Europe, the UK's FTSE has seen £160.9bn ($261bn) wiped off its market value. In Germany, the Dax has shed 85.5bn euros (£74.2bn; $120.5bn), with France's Cac losing 13.6bn euros.

Anonymous said...

Stocks resume sell-off; Dow finishes down 519

Wall Street remembers a world of problems, and Dow plummets again -- now down 2,000 in 3 weeks

Stan Choe, AP Business Writer, On Wednesday August 10, 2011, 7:33 pm EDT

NEW YORK (AP) -- Back to reality and back down, Wall Street focused on the bleak landscape ahead for the economy Wednesday and wiped out its big gains from a day earlier -- and then some.

The Dow Jones industrial average closed down 519 points and has now lost more than 2,000 in less than three weeks. Swings of several hundred points in just minutes, accelerated by computerized trading, have become commonplace.

Anonymous said...

Earthquake jolts northeastern Japan

AP – 9 hrs ago

August 11, 2011, 10:00 PM PT

NEW YORK (AP) — The U.S. Geological Survey reports that a strong earthquake has shaken northeastern Japan, the same region devastated by the massive quake and tsunami in March.
There were no immediate reports of injuries or damage, and no tsunami warning was issued.
The U.S.G.S. reports a magnitude of 5.9 quake struck at 3:23 a.m. Friday local time off the coast of Fukushima Prefecture. The epicenter was about 11 miles (18 kilometers) east-southeast of Iwaki on Honshu Island, 114 miles (184 kilometers) northeast of Tokyo.
About 23,000 people died or disappeared across Japan's northeast coastline after the March 11 earthquake and tsunami. Another 80,000 were forced to evacuate because of the Fukushima Dai-ichi nuclear plant's radiation threat.

Anonymous said...

Earthquake Rattles Long Beach Area

Click here to find out more!

3:23 p.m. PDT, August 18, 2011
LONG BEACH, Calif. -- A small earthquake rattled the Long Beach area Thursday.

The quake struck at 2:43 p.m. and measured a preliminary magnitude of 3.2.

The quake was centered about 2 miles southeast of Long Beach and three miles southeast of Signal Hill, according to the U.S. Geological Survey.,0,4312060.story

Anonymous said...

Here we go again: Another big down day for Dow

Dow falls 419 in a wild day for financial markets -- last week's big swings return

Stan Choe, AP Business Writer, On Thursday August 18, 2011, 9:10 pm

NEW YORK (AP) -- Just when Wall Street seemed to have settled down, a barrage of bad economic reports collided with fresh worries about European banks Thursday and triggered a global sell-off in stocks.

The Dow Jones industrial average fell 419 points -- a return to the wild swings that gripped the stock market last week.

Stocks were only part of a dramatic day across the financial markets. The price of oil fell more than $5, gold set another record, the government's 10-year Treasury note hit its lowest yield, and the average mortgage rate fell to its lowest in at least 40 years.

Anonymous said...

Magnitude 6.8 quake jolts Japan off Fukushima, no damage

ReutersBy Yoko Kubota | Reuters – 29 mins ago

TOKYO (Reuters) - A strong earthquake with a preliminary magnitude of 6.8 jolted northeastern Japan off Fukushima prefecture on Friday, the Japan Meteorological Agency said, although no damage was reported and a tsunami advisory for the area was lifted after no waves were sighted.

Some highways were closed and high-speed bullet trains were halted after the quake, public broadcaster NHK said.

A 50 cm (20 inch) tsunami advisory was issued for the coastal areas of Fukushima and Miyagi prefectures that were severely damaged by the massive March 11 quake and tsunami, but was lifted about 35 minutes later.

Tokyo Electric Power Co said no abnormalities had been found at radiation monitoring posts at the crippled Fukushima Daiichi nuclear power plant, about 240 km (150 miles) northeast of Tokyo, or the nearby Daini plant, and that cooling operations at the damaged reactors were continuing.

Tohoku Electric Power said there were no abnormalities at its Onagawa nuclear power plant, which has been shut since the March disaster.

The focus of the tremor was off the coast of Fukushima, 20 km below the earth's surface, the Japan Meteorological Agency said.

On March 11, the northeast coast was struck by a magnitude 9 earthquake, the strongest on record in Japan, and a massive tsunami that triggered the world's worst nuclear crisis in 25 years at the Fukushima Daiichi plant. The disaster left about 20,400 dead or missing.

(Reporting by Yoko Kubota; Editing by Edmund Klamann)

Anonymous said...

Powerful quakes hit near Vanuatu in South Pacific

APAP – 25 mins ago

SYDNEY (AP) — A series of earthquakes struck off the South Pacific island nation of Vanuatu on Sunday, but there were no immediate reports of injuries or damage and no tsunami warning was issued.

The U.S. Geological Survey said a magnitude-7.1 quake struck at 3:55 a.m. (1655 GMT Saturday) at a depth of 25.2 miles (40.6 kilometers). Its epicenter was 39 miles (63 kilometers) south-southwest of Vanuatu's capital, Port-Vila.

The temblor was followed by several aftershocks, including a magnitude-7.0 quake that struck at 5:19 a.m. (1819 GMT) at a depth of 17.7 miles (28.5 kilometers). Its epicenter was 42 miles (69 kilometers) south-southwest of Port-Vila.

The Pacific Tsunami Warning Center said no tsunami warning was issued.

Vanuatu, a chain of 83 islands, lies just over 1,250 miles (2,000 kilometers) northeast of Sydney. It is part of the Pacific "Ring of Fire," an arc of earthquake and volcanic zones stretching from South America through Alaska and down through the South Pacific.

A magnitude-7.3 quake struck near Vanuatu on Dec. 26, causing a tsunami a few inches high but no damage.

Anonymous said...

Earthquake hits waters off Indonesia

APAP – 1 hr 25 mins ago

JAKARTA, Indonesia (AP) — A magnitude 6.0 earthquake struck off the coast of Indonesia's Sumatra island early Tuesday morning, according to the U.S. Geological Survey.

No tsunami alert was immediately issued and there were no reports of damage or casualties.

The quake, which hit at 3:12 a.m. local time (2012 GMT), was centered about 110 miles (175 kilometers) southwest of Tanjungkarang-Telukbetung on the island of Sumatra, according to the U.S.G.S. Its recorded depth was 19 miles (31 kilometers).

Indonesia's meteorology and geophysics agency recorded it as a shallow 6.2-magnitude quake.

The quake, which struck about 195 miles (315 kilometers) west of Jakarta, was felt in the coastal town of Krui in Lampung province and Kepahyang in nearby Bengkulu province, said Dedi Sugianto of Indonesia's meteorology agency, who added there were no signs of damage.

Indonesia straddles a series of fault lines that make the vast island nation prone to volcanic and seismic activity.

Anonymous said...

California shaking from pair of earthquakes

APAP – 7 hrs ago

MAMMOTH LAKES, Calif. (AP) — While the East Coast recovers from earthquake jitters, small quakes have been rocking California.

The U.S. Geological Survey says in a computer-generated report that the latest was a magnitude-4.4 quake that struck at 4:59 a.m. Wednesday about nine miles southeast of Mammoth Lakes.

A Mono County sheriff's dispatcher who didn't give her name says there were a couple of "just wondering" calls but no reports of damage.

There was a magnitude-3.6 quake centered six miles southeast of Oakland at 11:36 p.m. Tuesday.

That shaker was felt by people throughout the San Francisco Bay area, but there are no reports of damage.

A magnitude-5.8 quake jolted much of the eastern United States Tuesday.