The "up-to-the-minute Market Data" thread

Originally posted by RetinoidReceptor

Actually there are 'rumors' that the unemployment number will be much better than expected. I don't know how substantial those rumors are, but don't be short

That's why I like the ADP numbers...they seem to reflect what's really happening out there...

The shorts have have had their arses handed to them week after week, as you know....looks very appealing here...something is telling me to wait until the rest of August plays out, but you know what happens when you wait...

Originally posted by RolandBrichter

That's why I like the ADP numbers...they seem to reflect what's really happening out there...

The shorts have have had their arses handed to them week after week, as you know....looks very appealing here...something is telling me to wait until the rest of August plays out, but you know what happens when you wait...

Well you could short and just average up and buy calls for protection. You are bound to make money since there should be some sort of correction. Especially if oil goes up 10 dollars more. I will be thinking about shorting some high beta small cap energy names. That is if their charts aren't horribly bullish

Originally posted by RetinoidReceptor

Originally posted by RolandBrichter

That's why I like the ADP numbers...they seem to reflect what's really happening out there...

The shorts have have had their arses handed to them week after week, as you know....looks very appealing here...something is telling me to wait until the rest of August plays out, but you know what happens when you wait...

Well you could short and just average up and buy calls for protection. You are bound to make money since there should be some sort of correction. Especially if oil goes up 10 dollars more. I will be thinking about shorting some high beta small cap energy names. That is if their charts aren't horribly bullish

In this market, there is no such thing as sideways moves for any length of time, so, for some , that might be a productive play...but I was always a deterministic purist.. (why take any insurance losses at all?)...after all, If you are convinced that this is a typical sharp bear rally, damn the torpedoes!! All in short and hold on for dear life!!

I must add that I don't trade in paper anymore, so the above suggestion is VERY easy for me to make, but one that I have been quite tempted to act upon here of late...get my last lick in before the dollar is worthless

[edit on 5-8-2009 by RolandBrichter]

I find it odd some of you still working out the schematics of "up or down" on the markets.

How will the market preform tomorrow?

However Goldman Sachs wants it to.

Originally posted by Rockpuck
I find it odd some of you still working out the schematics of "up or down" on the markets.

How will the market preform tomorrow?

However Goldman Sachs wants it to.

It is however the government wants it to via Goldman Sachs.

reply to post by RetinoidReceptor

It is however the government wants it to via Goldman Sachs.

Whats the difference?

Originally posted by Rockpuck
I find it odd some of you still working out the schematics of "up or down" on the markets.

How will the market preform tomorrow?

However Goldman Sachs wants it to.

Couldn't agree more, one of these tomorrows it will all come crashing down...that I'm sure of....I just want to be a part of the last profitable market play in history...a great story for my future grandkids

reply to post by RolandBrichter


LOL .. I don't know if that will be a happy tale for the children or not. You cannot predict the movement of the markets until roughly 3pm .. at which point someone somewhere (Goldman by the looks of their 100 million dollar a day profits) decides up or down.

So we can talk about EMA's and all kinds of technicalities .. but really such theories mean nothing if the manipulation is occurring at the open and the close .. it's decided on a whim, not on trading principles.

And I agree Roland ...

At some point Goldman will back out entirely and the market will plunge to new lows. They will then buy up all the assets again .. maybe 200 million dollar a day profits in the future for Goldman. Pump and Dump .. they are getting everyone into the market based on "recovery", pumping the market. They will then dump, on a date of their own choosing, profiting while the rest go down with the ship.

About twenty pages back we had a long talk about homes that come up for auction... Well I just got e-mailed a real sign of the times...

Auction Date and Time:
Thurs, Sept 17th at 11 am

This 21,500+/- square foot, luxury home is minutes from Washington, DC and 1+/- mile from Congressional Country Club. The home is situated just off River Road on a 2.3 +/- acre site just inside its electronic gates. This new 7 bedroom, 8 full bath, 3 half bath home is the perfect place for any distinguished lifestyle. Each room is graced with exquisite detail: custom moldings and cabinetry, designer marble, hardwood floors and fine fixtures.

you can take a virtual tour of this white elephant here

Now with out an account your not going to get many details on this but allow me to share a few facts first "2008 Property Taxes: $17,730.92 based on land only" and to attend you'll provide a binding deposit of $100,000. Auction details in PDF FYI it really sounds like their hoping to get a million dollars from this sale??? maybe they will maybe not, kind of depends if there are still people out there who still want a 21,500+/- square foot, luxury home

reply to post by RolandBrichter


I actually got saved again today by GBM's pre breakfast technicals.
He was showing the narrowing trading range on the S&P all day yesterday and it was looking like it pretty much had to breakout and head down into the volcano. Now if I had not been expecting a widening of the trading range I might have sold some expensive shorts this morning and I would not be a very happy bear tonight. Whoever these market masters are they have their trading programs loaded for bear.

Nikkei 225 10,326.99 +74.46 9:58

[edit on 5-8-2009 by fromunclexcommunicate]

reply to post by fromunclexcommunicate

If you are looking for or anticipating any pullback than I'm leaving the room. GS popped the champaign bottle
www.foxbusiness.com...

In other words, if it ain't broken don't fix it.

The high volume at the end of the session wasn't there, and things finished exactly as the pre-lunch regression showed. Why there was no high volume trading at the end of the session? All work was done in the morning, I guess. Maybe someone noticed that those guys who bet on Toyotas and Hondas were not happy over at NIKKEI. But if this was considered a poor excuse to act in more resolute manner, than what else?

The Fibonacci sequence is more exciting to me than the Dow these days.




[edit on 8/5/2009 by stander]

Cracks in the Armour?

Bernanke questions Obama consumer agency in letter
www.reuters.com...

Brand name companies go bankrupt
money.cnn.com...

Wages and Salaries Fell 4.7%, Most On Record
globaleconomicanalysis.blogspot.com...

Consumer bankruptcies jump 34%
money.cnn.com...

Bankruptcy filings spike in July as households are squeezed by unemployment.

Citigroup shares break NYSE one-day volume record
www.reuters.com...

Shanghai Composite 3,342.49 11:27PM ET Down 86.01 (2.51%)
Shanghai Composite 3,337.00 1:06AM ET Down 91.50 (2.67%)

Hang Seng 20,471.07 11:28PM ET Down 23.70 (0.12%)
Hang Seng 20,593.79 1:07AM ET Up 99.02 (0.48%)

NZSE 50 3,061.72 11:22PM ET Down 22.35 (0.72%)
Seoul Composite 1,552.76 11:23PM ET Down 6.71 (0.43%)
Taiwan Weighted 6,817.73 11:23PM ET Down 30.51 (0.45%)

DJIA FV Futures
9238.97 9225.0 -13.97 11:39:21 PM
9238.97 9251.0 12.03 01:14:49 AM

Gold $961.88

Oil $71.30

White House views splitting Fannie, Freddie assets
www.reuters.com...

WASHINGTON (Reuters) - U.S. officials are considering a plan to isolate failing assets held by Fannie Mae and Freddie Mac, The Washington Post reported on Wednesday, while an administration official said such an idea was in the early stages of development.

Such a move would help alleviate one of the Obama administration's biggest burdens created by the rescue of Fannie Mae and Freddie Mac: the hundreds of billions of dollars in money-losing home loans owned by the government-sponsored enterprises (GSEs), the article said.

While acknowledging that the idea is on the table, a White House official said the administration's thinking has already been aired out publicly and no final decision has been made.

"It should come as no surprise that the administration is thinking through GSE reform, a commitment we made to Congress in the regulatory reform white paper, but we are in the preliminary stage of the process, the systematic development of options has not taken place and no decisions have been made," said White House spokeswoman Jen Psaki.

[edit on 8/6/2009 by Hx3_1963]

Crude Oil 72.09 up 0.12 (0.17%
Nikkei 10,388.09 up 135.56 (1.32%)
Hang Seng 20,899.24 up 404.47 (1.97%)
FTSE 100 4,690.11 up 42.98 (0.92%)
DAX 5,373.20 up 20.19 (0.38%)
S&P/TSX 11,046.93 up 28.83 (0.26%)
# US DOLLAR INDEX (DX U9)
# Last: 77.80
# Change: up 0.19

WORLD FOREX: Currency Traders Hold Fire, Await Central Banks

online.wsj.com...

But if this was considered a poor excuse to act in more resolute manner, than what else?

If US investors were really getting ready to dump their shares at the first sign of trouble then the Asian profit taking in the Wednesday overnight session could have been the start of a down wave instead of a consolidation day. I'm still waiting to see how GBM adjusts the slope of his advance/decline line after yesterday. I think he said something about a double top in the short term but maybe a breakout longer term?



[edit on 6-8-2009 by fromunclexcommunicate]

Goldman Sachs yesterday reported the largest quarterly profit in its history as a public company, $3.44 billion between April and June, as the decimation of its Wall Street rivals allowed the investment bank to romp across the financial landscape, buying low and selling high.

Is everyone in?
Good. The reason we gathered here is that I have something in my drawer apart from the shapely bottle of cognac. It’s something that starts with letter B. Any idea what it might be?

BO - NU - SES !!!

Well, I’ll make it short . . . What? . . . Not that way.
I just want to tell you that you are a great band of traders, and I really appreciate working with you.
Alrighty . . .
Tim!
Here. Blessed be the day I hired you.

Thanks, Mr. Goldman.

Paul!
Use it wisely.

Thank you.

Ben!
That’s for you, old warrior.

Thanks. I really appreciate this, Mr. Goldman.

Stander! . . . Stander!!!

Right here, sir.

How many times do I need to ask you to take out the trash?

I’m sorry, sir. Right away, sir.

Heather, the little cunning vixen!
Thanks for being with us. That’s for you.


Thanks, Goldy.

reply to post by stander


Hilarious Stander. Probably true too. If you pick up on your trash duties someone might throw a few quarters your way, you never know.

Internal Power Struggles: Who's to Blame?

Thread I did about Timmy's little tantrum he threw and some theories as to why.

reply to post by stander
Ah...

DJIA FV Futures 9238.97 9248.0 9.03 05:24:40 AM

Even the Trash man at Golden Slacks is probably better off than the average CFO these days...



Look...even a "Tribute in Pictures"...




[edit on 8/6/2009 by Hx3_1963]

reply to post by Hx3_1963


You might be even more bored than I am....

Originally posted by Rockpuck
reply to post by Hx3_1963

 

You might be even more bored than I am....

Bing...Bing...Bing...Correct you are Sir!!!

And for your consolation Prize...




Shanghai Composite 3,356.33 3:00AM ET Down 72.17 (2.11%)
BSE 30 15,517.91 5:37AM ET Down 385.92 (2.43%)
Nikkei 225 10,388.09 3:00AM ET Up 135.56 (1.32%) Chart

FTSE 100 4,680.51 5:35AM ET Up 33.38 (0.72%)
CAC 40 3,485.88 5:50AM ET Up 27.35 (0.79%)
DAX 5,367.86 5:35AM ET Up 14.85 (0.28%)

Costco July same-store sales fall 7 percent
www.reuters.com...

BHP, Rio Tinto June half profits to plunge
www.reuters.com...

BTW: Nice Avatar layout switch...

[edit on 8/6/2009 by Hx3_1963]

Goldman: We were never in REAL trouble!

Publicly, it is a different story. Now that Goldman is minting money again, the bank insists that it was never in any real danger. Mr. Blankfein, in an e-mail message this week, disputed his private account, saying Goldman’s survival was never in doubt. Other Goldman executives reject the notion that the bank was rescued at all.

Keep in mind... Goldman took $12BILLION in bail out funds.

They took our money, used it to conquer the financial world, made massive profits, manipulate the stock market without competition (because the Government decided it's rivals need not live) and are now giving America a prompt and well deserved "F* You."

It's almost like this bank is that mad, evil doctor from comic books bent on World Domination .. only, in this comic, there are no super heroes. Just page after page of evil Goldman Sachs raping the country for all it's worth.

reply to post by Hx3_1963


OK, Hx, how about this? If Goldman buys low & sells high, the British TV company ITV does the exact opposite. They've just become Grand Masters at it:

Both your investments and your money will soon be useless, so why not dump them both now & at least have a good laugh about it