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

Here is a feature that only a computer trading can produce. During a recovery the indicator called the "LR regression line" very likely intersects the "SMA simple moving averages" curve. That's because LR takes into account only the data from a particular day, whereas SMA takes into account the present but some of the past data as well, as seen below.


[atsimg]http://files.abovetopsecret.com/images/member/305dd7243414.jpg[/atsimg]

The green circle shows where the intersection between LR and SMA took place before the Dow closed: it was at 9,488 points -- exactly where the Dow finished two hours later. This could be used on much larger time scale.

From Financial Times

IMF warns on institutional losses amid downturn concerns

Banks around the world still have to reveal about half their likely losses resulting from the financial and economic crisis, the International Monetary Fund said yesterday, warning there was still a "significant" risk of another downward lurch in the global recession.

A failure to reveal the true scale of the losses they are likely to face and boost capital held in the banks would undermine the economies of the US, the UK and the eurozone and could generate a renewed vicious spiral where weak banks damage economic prospects, raising default rates and further threatening the health of banks, the IMF said.

---------------------------

But the IMF reduced its estimate of the ultimate losses in the financial system in 2007-10 to $3,400bn (€2,300bn, £2,100bn) from $4,000bn in its twice-yearly Global Financial Stability Report .

Within banks, the Fund estimates that losses will total $2,800bn, of which they have so far recognised only $1,300bn. "US domiciled banks have recognised about 60 per cent of anticipated writedowns, while euro area and UK domiciled banks have recognised about 40 per cent," the report said.

Losses are likely to prove largest in the US and UK - where banks held more toxic assets and the downturn in commercial property has been greatest - but US banks have been quicker to recognise them than those in the eurozone or UK. The Fund said delays in recognising losses generally related to a failure to make provisions for bad loans on banks' books.

SOURCE

Pickin' the ~Low Hanging Fruit~ it appears now...

Failed Bank List
www.fdic.gov...

Southern Colorado National Bank Pueblo CO 57263 October 2, 2009

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $6.6 million.

Jennings State Bank Spring Grove MN 11416 October 2, 2009

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $11.7 million.

[edit on 10/2/2009 by Hx3_1963]

reply to post by stander


what is interesting as well to me is that the 15 sma gives support to the LR 2 bars consecutive after the cross

math = not fun

stock market = fun

math + stockmarket = rich

Originally posted by Hx3_1963
reply to post by GreenBicMan

 

Good One!!!

Now..."Show me the Money!!!"

Where's that line in the sand fer tomorrow!

50 EMA?

Hang Seng 20,469.29 12:36AM ET Down 485.96 (2.32%)
Nikkei 225 9,746.67 12:31AM ET Down 231.97 (2.32%)

[edit on 10/1/2009 by Hx3_1963]

blogs.stockcharts.com...

Originally posted by Hx3_1963

Where's that line in the sand fer tomorrow!

50 EMA?

Ramona said that the line in the sand is in Samara, Russia.



50 EMA? ----> 50 EMA(ILS)

This users sent out 50 emails in less than 20 minutes typical behaviour of a scammer.
ramona
female, 27 y/o
ID: 34893
email - [email protected]
ipaddress - 66.33.235.189, 82.198.27.207
location given - Samara , Russia

www.safe-dating.com...

The shrieking of nothing is killing me.

FAZ profit is outstanding so far.

BGZ and TYP are moving nicely.

I got a letter from the Action Man. THX is doing just fine. Hold all shorts until further notice....

Originally posted by GreenBicMan
reply to post by stander

 

what is interesting as well to me is that the 15 sma gives support to the LR 2 bars consecutive after the cross

I'm not sure what you mean, but the chart is an example of selecting those indicators that matter the most given the circumstance. If someone asks you at 2:00 pm about the final figure -- an outlook based on technical parameters -- then SMA in conjunction with LR is the best choice. EMA favors the latest data, but LR does not, so doesn't SMA. It's the circumstance that decides what kind of indicators you deploy.

TARP: Taxpayers on the hook for $200 billion
money.cnn.com...

NEW YORK (CNNMoney.com) -- Taxpayers stand to lose between $100 billion and $200 billion on TARP -- Treasury's $700 billion financial market bailout.

While that's nothing to sneeze at, many experts say that the Troubled Asset Relief Program helped rescue the economy from a second Great Depression.

But there are others who argue that the billions of dollars that taxpayers shelled out simply delayed an inevitable epic collapse of the financial sector.

Stiglitz Deflation Threat Pushes Bernanke to Keep Rates at Zero Next Year
www.bloomberg.com...

Obama Eyes Economic Triage for Unemployed
www.foxnews.com...

The Obama administration has begun talks with congressional Democratic leaders on moves to extend health insurance subsidies, the $8,000 first-time home buyer tax credit and jobless benefits, congressional and administration officials told FOX News late Friday.

Stimulus can't ease job pain for U.S. states and cities
www.reuters.com...

WASHINGTON (Reuters) - The fiscal crisis hitting most U.S. states and cities is now adding to the country's workforce woes, with more than 20 percent of the jobs the country lost last month coming from the government sector, according to Labor Department data released on Friday.

Government lost 53,000 jobs out of the 263,000 shed in September.

Even after receiving billions of dollars of stimulus funds, state governments lost 10,000 jobs -- all in education -- and the trend may get worse in coming months.

"I don't believe that states have bottomed out yet," said Raymond Scheppach, executive director of the National Governors Association. "This fiscal year 2010 will be the worst year."

[edit on 10/3/2009 by Hx3_1963]

reply to post by Hx3_1963


Yes, the are doing this to make it look like more help for "first time buyers" but the real scoop is that along side comes another bailout for the banks, because they need more money for those elusive toxic assets that still linger around in secret numbers and no only affecting our banks but global banks also.

The truth is been kept hidden rather than set the banks free and tell it for what it is they keep hiding the real loses.

No pretty, the Tarp was nothing but a small band aid on the leaching of funds that has been on going since two yeas ago and nothing is going to stop the bleeding.

There are only so many 'first time buyers'. With youth unemployment at an all time high, where are more 'first time buyers' supposed to materialize from? No, just like cash for clunkers, they managed to pull forward what little demand was left. Band-aids on a severed artery.

Originally posted by Hx3_1963

The Obama administration has begun talks with congressional Democratic leaders on moves to extend health insurance subsidies, the $8,000 first-time home buyer tax credit and jobless benefits, congressional and administration officials told FOX News late Friday.

A tax credit like that would add to the deficit. Looks like the citizens of the People's Republic of China would have to work a bit harder, so some of the Americans could keep buying things that they naturally can't afford.

Lenin always said that communism is the only system that can save the rotten world, and he was right. About 1/6th of the entire world population lives in China, so the commies there rule over enough folks to bail out the world.

reply to post by stander


You see one thing while I see another is a good thing. I dont know how you "view" that chart, I might just see it another way than you.

HSBC chief fears a second downturn
www.ft.com...

Goldman to be paid $1bn if CIT fails
www.ft.com...

IFC plans joint initiative to buy toxic assets

ISTANBUL: The head of the International Finance Corp said on Saturday that the group plans to work with private equity funds, debt servicing companies and major banks to soak up toxic assets held by banks in emerging markets.

The IFC, the World Bank’s private-sector lender, said last week it would contribute up to US$1.5bil toward a proposed US$5bil global scheme that would invest in or mobilise investment to buy up distressed assets.

Speaking to reporters on the sidelines of the International Monetary Fund (IMF) and World Bank meetings in Istanbul, IFC chief Lars Thunell said countries in eastern Europe, and some in Latin America and Asia, were struggling under the weight of bad assets held on bank books.

“We think a lot of these banks will want to get these assets off their balance sheets,” Thunell told reporters.

He said banks also faced the threat of increasing non-performing loans.

The IMF warned earlier last week that corporate defaults have picked up in all regions, and investors expect the default rate to double in eastern Europe over the next year.

He said the Debt and Asset Recovery Programme would not only free up bank capital for new lending in crisis-hit markets, but also free up time for banks that were currently consumed with trying to manage the assets.

Asked if IFC expects to profit from the programme, Thunell said: “If you do it right, yes. It’s high risk and as always you win some, you lose some.”

He also said IFC would soon launch an asset management fund that would invest up to US$1bil on behalf of sovereign wealth funds and pension funds in businesses in developing markets. — Reuters

SOURCE

Hmmm...another promising day ahead?

NZSE 50 3,134.68 8:17PM ET Down 14.18 (0.45%)
Seoul Composite 1,619.93 8:20PM ET Down 24.70 (1.50%)

DJIA FV Futures 9427.67 9457.0 29.33
S&P FV Futures 1021.01 1024.3 3.29



[edit on 10/4/2009 by Hx3_1963]

reply to post by TrainDispatcher


5 Billion wouldn't begin to touch anything. But still, why would anyone want to throw away 5 Billion? This isn't high risk he's talking about, it's Toxic Waste that is wiping out banks right and left. Maybe its just PR money, marketing I guess. Like the IFC is on the case, so let's get some more o' them SDR's printed up ASAP!

Oh yeah...loooking goood...

NZSE 50 3,136.070 8:49PM ET Down 12.789 (0.41%)
Straits Times 2,596.70 9:11PM ET Down 60.74 (2.29%)
Seoul Composite 1,618.21 8:51PM ET Down 26.42 (1.61%)

I have never really followed the market so not sure what to think about this yet but I am intrigued by it. Does this recent repost have anything to to with the rumor of the market possibly crashing in a few days?

Not looking good over there, but we're in the green on futures here still...

BSE 30 16,963.94 1:46AM ET Down 170.61 (1.00%)
Straits Times 2,578.57 1:53AM ET Down 78.87 (2.97%)
Seoul Composite 1,609.37 1:36AM ET Down 35.26 (2.14%)