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

reply to post by Hastobemoretolife


The Asian stock markets Gapped up and peaked back on Tuesday and the Nasdaq was slumping till today.

/nuqwjr

At some point its easier for the big players to make money going down as someone mentioned on here a few weeks ago. 9400 is halfway between 8800 and 10,000 on the Dow so even the Bulls expect a pullback of some sort. Pretty good rally overall, the Nasdaq broke out to the upside near 1774 and it has been all uphill since then. Obama mentioned that they (the government) were going to keep us from making the same mistakes that caused the recession (real estate bubble?) again. There isn't anyone out there with any money thinking about flipping houses so could he have been talking about the current stock market bubble?

reply to post by Hx3_1963


Joking aside, that was tremendous. China was once a key component in the V12 engine that was booming world trade - now its the idler on a 4-cylinder carburetor-based pile of junk.

I suppose that's why they've been quietly planning to pull out of component manufacture to build their own vehicle from scratch, as it were. They've developed enough links with foreign sources of raw materials to start to go it alone.

The petro-dollar-based world economy might be replaced by a global divide to rival the Cold War. Only this time it's economic. And this time the West might end up playing second hat.

We really ought to keep a closer eye on the Asian region. One of these days they're going to pull together to such an extent the western economies will be at their lap & call.



reply to post by Hastobemoretolife


What surprises me is the apparent impulsiveness of many traders. Maybe someone with a more intimate knowledge of the workings of the trading floor will be able to correct me, but do they really just take economic news on face value?

I'm sure they're aware of the manipulation of government statistics, such as employment figures, etc. I suppose it's the short-termism that means they can just go with the flow. If they make a profit on the day, they're happy.

Are those who are concerned about medium & long-term gains just a minority?

I'm looking forward to being educated on this one.

reply to post by redhatty


Mmm....Jack... Sounds like a good idea, maybe I should do it like the .gov and try to spend my way out of debt? It seems to be working for them right?

Okay here ya go Red, A jack for you and a cold beer,

the retail industry is really taking a beating, if I didn't know any better you would think the mob came in and had their way with the financial markets..... oh wait.......

Okay let me really post a something legtimate using my amateur knowledge here.

Nothing might not make sense, but it all does if you can reduce yourself to thinking like a criminal.

The banks are doing a favor for the fed by propping up the GSE's because the government has vested interest into those companies. It reeks of insider trading.

Think of it like a protection fee. I think the banks are so far in collusion that the are all scratching each other backs while scheming on one another when they aren't looking.

They are looking to take the money and run, but it isn't time yet. Once the market crashes again, if it does, you will see the rats fleeing the sinking ship, the news will be overflowing with scandals.

With the citizens speaking out in protest it wouldn't surprise me one bit if they are setting up the fall guys to "calm" the people. Which isn't going to work because the people are on to their game of distraction.

What's going on?

You all know...

The Fed has infused Trillions into the Banking sector...some with implicit backing some not...covering their asses so to say on junk...

The Banks can now use their "free money" to rake the HFT's and pump up the Equity Markets for more "profits"...

I'm no KD, but, even little ol' me can see this is going to end bad...maybe by DJIA 10k+...

According to everything I can find...P/E valuation is so levered right now it's beyond scary...

Putting all your "free money" into failing company's might look good in print, but, as Red just posted...they're all still losing the battle in deflation...the Fed's greatest fear...

How can America buy more of what they already have to much of when they're broke?

Oh lookie here, now why do you think this statement came out TODAY???


Fed expected to stop buying Treasurys after program expires

he Federal Reserve will probably allow its $300 billion Treasury-buying program to end over the next six weeks as signs of a housing recovery prompt the central bank to unwind one its most aggressive and unusual interventions into financial markets, big bond dealers say.

With the Fed no longer a constant, large buyer of Treasury notes and bonds, benchmark yields and mortgage rates will likely rise. But that threat isn't expected to prompt policymakers, some of whom have expressed increasing alarm over the prospects of higher inflation from the Fed's ultra-loose monetary policy, to extend the program.

"The Fed is likely to reinforce that they are not going to be in the market after the $300 billion is up," said Ajay Rajadhyaksha, head of U.S. fixed-income strategy at Barclays Capital, one of the 18 primary U.S. government security dealers that trade with the Fed.

Fed policymakers led by Fed Chairman Ben Bernanke will update markets on their outlook for the U.S. economy and their efforts to revitalize credit markets on Wednesday at the end of their two-day meeting.

Analysts at primary dealers Barclays, RBC Capital Markets and Nomura Securities say they anticipate the Fed will likely keep its two main policy tools, near zero-interest rates and special liquidity programs, as they stand. It's not ready to raise interest rates, nor does it likely see the need to expand programs designed to drive down borrowing costs by buying bonds from private investors.

The Fed said in mid-March that it planned to buy $300 billion in Treasury bonds and notes over six months, a period that will end in late September. It's bought an estimated $243 billion so far, says Morgan Stanley. If it keeps up its past pace, the program will run out of money over the next month.

Analysts don't anticipate policymakers will try to revive it. At its last interest-rate setting meeting, in June, the Fed said it would "continue to evaluate the timing and overall amounts" of its purchases in light of economic and financial market conditions.

More at link

Bwaaahahahaha, get called out by bloggers & announce that you WILL be ending the OBVIOUS monetization. That's when we will need to keep an even closer eye on them

ETA: OH HELLS BELLS!!! I am still catching up on the news today & about wasted my booze on this one

Source

President Barack Obama said Friday his administration had saved the US economy from catastrophe and the worst of the recession may be over, after a surprise drop in the unemployment rate.

"This morning we received additional signs that the worst may be behind us," said Obama in remarks in the White House Rose Garden after new figures showed the jobless rate slipped to a better than expected 9.4 percent in July.

I EVEN LOST MY APPETITE

[edit on 8/7/09 by redhatty]

A Drunken look at today's market...

[atsimg]http://files.abovetopsecret.com/images/member/a782ee412def.png[/atsimg]



[edit on 8/7/2009 by Hx3_1963]

reply to post by redhatty and Hx3


lol drunken chart markups!

I'm glad that is all you lost Red I'm about to lose my TV by throwing a brick through it.

The blatant lies is ridiculous. We are living through Showtime at the Apollo. :shk:

Nothing like picking a bunch of amateurs to do important jobs.

reply to post by Hastobemoretolife
It's a good thing I'm a Consumer Electronic Technician...

Replaced many a "Tube"...mostly from my own actions... ...mostly lately from watching Dennis Knelle

Did anyone notice that big Arrow I placed at closing today? down volume...

Sure...a sell off going on the week-end...

Any takers on a controlled dump from the recent pump?

reply to post by Hx3_1963


I know how your feel. Good thing you know where all the good deals are on the "tubes".

I noticed that, I couldn't tell if that was just the end of the chart or if the AI computers were told to sell at the last second in the day.

That clears up the confusion seems like everybody had the same idea about 3:59 today.

Originally posted by pause4thought
...I suppose that's why they've been quietly planning to pull out of component manufacture to build their own vehicle from scratch, as it were. They've developed enough links with foreign sources of raw materials to start to go it alone.

Oh btw, did you know that all those cars, which will have engine seize put in them & then shredded or crushed as part of the cash for clunkers program will ultimately be shipped to China for them to have new raw materials????

Are those who are concerned about medium & long-term gains just a minority?

I'm looking forward to being educated on this one.

Unfortunately, it seems today that many "investment companies" are only focused on what they make & not what YOU make.

Even the companies that ran the funds for the public's 401Ks were not worried about making the best decisions for the client as so many saw 40% of their "savings" evaporate last year.

The investment companies get commissions and kickbacks from other smaller fund groups (read mutual funds) to sell their products.

The ONLY person that really cares about your money is YOU. SO if you want to invest for the future, then learn how to do it for yourself. That's the best advise I can give anyone.



[edit on 8/8/09 by redhatty]

OH Stander...?

OH GBM...?

What are your Harvard & Yale Economic "Spidey Senses" Saying?

[edit on 8/7/2009 by Hx3_1963]

dont you think its time to breed again because thats what people are doing over the weekend trying to make babies that they can take to day care while they try to breed some more so they'll have a big brood to love them while they are unemployed for the next 10 yrs its what im seeing from dallas tx buts thats just me stop the madness! after you have about 5 or so from different fathers obama will eventually cut you out of his health care program did you know that if you take your kids to day care for 10 yrs somewhere along the way they stop liking you can you blame them! maybe you could call someone on your cellphone in their midst and get some answers im sure they would like that too all that stuff trumps a hug not!

reply to post by redhatty

OH HELLS BELLS!!! I am still catching up on the news today & about wasted my booze on this one

President Barack Obama said Friday his administration had saved the US economy from catastrophe

Looks like you need to change your drinking habits:





Feeling better now?

did you know that all those cars, which will have engine seize put in them & then shredded or crushed as part of the cash for clunkers program will ultimately be shipped to hHina for them to have new raw materials????

Either that or they'll just stockpile the cars till they own American industry & can melt them down in situ.

Unfortunately, it seems today that many "investment companies" are only focused on what they make & not what YOU make

You flicked a light switch there.

Even the companies that ran the funds for the public's 401Ks were not worried about making the best decisions for the client as so many saw 40% of their "savings" evaporate last year.

That's exactly the kind of thing that's had me scratching my head.

The investment companies get commissions and kickbacks from other smaller fund groups (read mutual funds) to sell their products.

Thanks for the insight.

The ONLY person that really cares about your money is YOU. SO if you want to invest for the future, then learn how to do it for yourself.

That should be a government health warning on every invitation sent out to potential investors!




reply to post by Hx3_1963


I enjoyed the food & drink last night. Could you just go easy on the Tabasco sauce next time? It's playing havoc this morning.




[edit on 8/8/09 by pause4thought]

Originally posted by Hx3_1963

OH GBM...?

What are your Harvard & Yale Economic "Spidey Senses" Saying?

Tell GBM when he comes back about that cool straight line projection method. It finds everything -- even his
comps.fotosearch.com...

Alright... looks like I'm going to do my part for the economy... come into my office this morning and my computer flashes an ominous orange light... turns out the mother board passed away sometime last night. After the wake, I guess ill buy a new PC.. this one has given me more head aches than watching obama make an ass of him self talking about unemployment!

Seriously I cannot take the stupidity and lieing from the gov anymore. Or the f*tards that beilive them!

Their day will come.......

I was laughing my hart out, when the unemployment numbers came out, and to see our president playing the game with the numbers too.

What a joke.

BTW the cash for clunkers are benefiting the foreign auto sales, government keeps trowing tax payer money oversea.

Well I just found out that my post left in the "comments" section on CNN's article on unemployment has been deleted.

I had explained U3-6 ... and answered a few questions from other posters regarding "how is this possible" ... it must have made to much sense, because it's gone. I feel honored to officially be hated by CNN.

reply to post by Rockpuck


Explaining that the reported unemployment numbers were skewed due to a larger number of recipients reaching the expiry of their benefit period is a sure sign that you are a critical thinker and not part of the deception.

Many of us on this thread have been trying to dig deep into the news and numbers to determine the true state of the economy. Unfortunately for those critical thinkers that traded based on bearish indicators, the equity markets have been buoyed by a deceptive Quantitative easing policy condoned by the Feds.

In the longer term you could say the deception was justified by the huge 2008 sell off posing a risk of complete economic collapse. The stock market is after all historically a savings safe haven for widows and orphans. Theoretically if these shareholders actually sold and turned the recent paper profits into real profits it could actually help the economy.

The thing that concerns me is that the deception is kind of Darwinian. Over time the independent critical thinkers go broke investing against the QE induced trend while the wealthy bankers that caused the economic crash in the first place continue to score big returns. As others have stated over and over again, all the QE has done is boost paper investments without actually stimulating the real economy.

Perhaps we are entering a new stage of more honest economics without the effects of hidden Fed stimulation? If that is the case then critical thinkers should start reaping rewards again for investment decisions based on a more logical interpretation of the economic news. For those of us still alive maybe we will get a chance to stay in the gene pool?

reply to post by Rockpuck


Join the club my friend I used to make comments on news web sites and I thought mine were taken off because the spelling.

Well thanks for posting the real reason



The media and the government hate free thinkers, dissenters and people that knows how to use their brains.

Originally posted by Rockpuck
... turns out the mother board passed away sometime last night. After the wake, I guess ill buy a new PC..

Try to keep your voice down.


Rock, you can't buy a new PC, coz you can't possibly afford it. We are in the sh*ttiest times since the dawn of man, remember?