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

We are entering a new, disgusting period: the recovery curve. The CPI will rise, but the inflation will be kept low; the gas prices will climb, but gas will be cheap in comparison with the prices a year ago . . . Corporate America will squeeze out of the populice what it missed during the meltdown-induced recession.

Things works on the word alone, so these are the influences for tomorrow the MSM guys see it:

Thursday's market will be dominated by three events:

•Earnings from Wal-Mart Stores (WMT), due before the open. Wal-Mart was up 1.5% to $50.51 today and climbed an additional 0.5% to $50.77 after hours.
•The weekly report on unemployment claims from the Labor Department.
•The July report on foreclosures from RealtyTrac.

All very positive news relative to the sh*tty standing of the recent past.
This could reschedule the profit-taking hours from the morning hours to the noon and after.

Pause4Thought, was your comment sarcastic?

Anyway, they just go ahead and squeeze. Just show how scummy you are government. The people are already fired up for revolution. Just go ahead and make the people more angry, more starved, more homeless, more poor. Just you go ahead.

This will just make the revolution faster.

EDIT:

The Dutch economy lost 93,000 jobs, or 1.2 percent, over the past 12 months, the biggest loss on record.

The Dutch economy shrank 5.1 percent in the second quarter, official figures show.

Some real numbers?

[edit on 13-8-2009 by Vitchilo]

Things are pretty hot in London already:


[atsimg]http://files.abovetopsecret.com/images/member/3f3103a19bb2.png[/atsimg]



4761.37 up 44.61 (0.95%)


Source

In the minute or so taken to upload the graph, it has now gone to:

4763.28 46.52 (0.99%)



[edit to add:]

Vitchilo: Please desensitize your sarcasm meter.

We have to accept that any growth in GDP will - in official terms - signify an end to a recession (-assuming the figures are accurate).

But those who are not enamoured by the MSM or taken in by govt smoke & mirrors know full well that official does not necessarily mean bone fide, especially as this could just prove to be a short blip in the 'graph'.






[edit on 13/8/09 by pause4thought]

Update on the FTSE:


[atsimg]http://files.abovetopsecret.com/images/member/bbed196fcac1.png[/atsimg]


On it goes:

4769.92 up 53.16 (1.13%)

Source



I thought I'd include a link to the cafeteria in the London stock exchange:

reply to post by pause4thought


Maybe this will settle the question of which economic school worked the best with this recession. IIRC Germany did not pump as much cash into their economy at the recessions lows as the US did. Now they don't have as much debt to unwind.

Standers Logarithm function looks like it might be tested today. The US dollar is on the slide and Mr. Goldman will probably want Dow 10,000 by the end of September instead of Hanukkah.

www.quote.com... i.minutes=

reply to post by fromunclexcommunicate
I did not like that "Volcano" formation in the DXY between 2 & 4 yesterday...

Talk about buy low sell high...wonder what that netted someone... :shk:

For most of us, this DXY decline as of late is no surprise and is expected...my question is, "How low will it go & how fast?"

INDEX: DXY
78.49

Change
-0.30 -0.38%

52 week low
75.89

52 week high
89.49

Time to keep an eye on the FX/Commodity trades...


Gold $957.96
Gold $958.18
Gold $958.50

Silver $14.97


Oil $72.07

Yep...falling $ means we lose our "hidden" tax break...

Asian Markets all up over nite...

Eastern Markets all up this morning...

DJIA FV Futures 9329.61 9425.0 95.39

S&P FV Futures 1003.61 1014.3 10.69

I await the impending implosion... :shk:




[edit on 8/13/2009 by Hx3_1963]

It looks like the bulls have reached a safe haven:

Fed says worst of recession over

The Federal Reserve has suggested that the worst of the US recession is over.

It said that while "economic activity is likely to remain weak for a time", it had begun to "level off".

The central bank's comments came as it decided to keep US interest rates on hold at between 0% and 0.25%, as widely expected by commentators.

The central bank added that the current low levels of interest rates will likely continue "for an extended period" to aid the continuing recovery.

Its comments came amid growing signs of an upturn in the US economy.

While US unemployment rose again last month, the 247,000 job cuts were far fewer than analysts had expected.

Source

No-one can argue with the Fed. The London herd certainly isn't:

4781.78 up 65.02 (1.38%)

Source



*fire at will*

I await the impending implosion...

Guess I called that right

INDEX: DXY
78.38

Change
-0.41 -0.52%

Jobless Claims up 4k to 558k

Continuing Claims fall...6.2M from 6.343M...

Moving 4 wk average rising +8.5k to 565k...

July Retail Sales -.1%...ex-auto -.7%

Futures falling now... :shk:

Import/Export price numbers drop largest on record...19.3%

DJIA FV Futures 9329.61 9382.0 52.39

S&P FV Futures 1003.61 1009.5 5.89

[edit on 8/13/2009 by Hx3_1963]

So, for those that lost the chance to buy into the T-bonds you have an opportunity to buy until October the fed is extending the program.

Well I guess the Fed is having a big yard sell.

[edit on 13-8-2009 by marg6043]

Retail Sales Post Surprise Drop, While Jobless Claims Rise

Sales at U.S. retailers unexpectedly fell in July from June, a government report showed on Thursday, casting a shadow over an anticipated rebound in consumer spending in the third quarter.

So much for the confidence and end of the Recession, actually this bad, because the government was betting on the back to school sales to add more to the report of the economy is recuperating.

And on top of that new jobless claims rises

In employment, the number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week, while continuing claims fell sharply.

The Labor Department says new claims increased to a seasonally adjusted 558,000, from 554,000 the previous week. Analysts expected new claims to drop to 545,000, according to Thomson Reuters.

www.cnbc.com...

I bet the second hand stores and goodwill are booming.

[edit on 13-8-2009 by marg6043]

More great news, after all the Recession is over the Dow is in the green.

US Home Foreclosures Set Another Record in July

U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy.

Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier as one in every 355 households with a loan got a foreclosure filing, RealtyTrac said on Thursday.

Also in the news,

Michael Jackson Earnings Grow by Millions After Death

Just a joke

www.cnbc.com...

reply to post by marg6043


And don't forget the revision to last weeks UE, up 4K...and continuing claims revised up from 6.310M to 6.343M

also people on extended benefits (in states that have them) rose to 2,785,372, from 2,754,391 last week's report.

Green shoots my arse!

Even Walmart missed revenue by almost 3%

YoY Retail down 8.3%

Edit to add more info

[edit on 8/13/09 by redhatty]

reply to post by marg6043

I bet the second hand stores and woodwill are booming.

The Goodwill here is doing quite the business as of late...

I make my weekly trip to secure odds-n-ends that are out my current budget reach...

Got me a Cable Modem for $2...saves me $3 a month renting one from Comcrap

reply to post by redhatty


Good morning redhatty, love the avatar that was rainbow bright was my daughter's bedroom theme back in the 80s. your avatar remind me of that.

Yes, with all the propaganda I was expecting better, numbers or at more than expected.

[edit on 13-8-2009 by marg6043]

reply to post by Hx3_1963


Sorry about the spelling I type so fast that I make all kind of boo bos and my spelling check as long as the word is spell right will give me a Green light.

Poor Steve Liesman is stuttering with all these numbers he's trying to put the spin on

Says it's a choppy consumer demand...sure it is...no "cash for crap" programs for us :shk:

Have to save up for 3 months at a time to make 1 months purchases these days...choppy indeed...

@ Marg: Spelling...Schmelling...I just like the 2nd hand store remark

Hmmm...the "Pits" are quite noisy today behind Mr Santelli

[edit on 8/13/2009 by Hx3_1963]

SO we have people falling off the UE rolls because their benefits are exhausted. 141K in the week of 8/1 fell off.

Not all states have extended benefits.

So these people who WERE barely eeking by, are now utterly and completely broke.

How will this affect the foreclosure numbers?

How do people with no jobs and no money spend?

And amazingly, even with the cash for clunkers program, retail sales for cars FELL 0.6% !!!!

I seriously expect to see more folks drain their 401Ks (if they still have one) which will affect the equities markets

reply to post by Hx3_1963


Thanks, !!!!!

Now the cash for clunkers is the biggest blunder once again that our for the people politicians has made, they are boosting the foreign car makers they are not helping our nation as usual.

But then again they have no clue what that means, right? Helping the American nation.

reply to post by redhatty


Don't forget that you aren't going to see the foreclosure numbers in Cali rise unless they have gone to court and proven they tried to refinance the out of work people to a lower payment!
The govenator put his foot down and forbid them to foreclose at all! They have to now prove in court that they tried to get the broke and out of work people to pay a lower cost loan!!!!!!

Let's add to the fun

NYSE is having server issues LOL

To ISLAND traders:
Thu Aug 13 08:36:00 2009 EST

ISLAND stocks starting with the letters S, T & X are currently unavailable for trading.

trades and quotes are suspect....some stock will only trade OTC.

Are we having fun yet??