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

Originally posted by Lil Drummerboy
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?

It all depends on Hex and his persistent effort studded by systematic diligence designed to discombobulate the mechanism of the financial system all the way to Andromeda. Hex has a nail file: bzzz...bzzz...bzzz...bzzz... The pillars of stability grow thinner every night till sunrise.

BSE 30 16,939.39 4:25AM ET Down 195.16 (1.14%)
Nikkei 225 9,674.49 3:00AM ET Down 57.38 (0.59%)
Straits Times 2,595.77 4:36AM ET Down 61.67 (2.32%)
Seoul Composite 1,606.9 2:02AM ET Down 37.73 (2.29%)

FTSE 100 5,002.54 4:19AM ET Up 13.84 (0.28%)
CAC 40 3,656.6399 4:19AM ET Up 6.74 (0.18%)
DAX 5,484.92 4:19AM ET Up 17.02 (0.31%)

9427.67 9473.0 45.33
1021.01 1027.3 6.29

And the wheels on the bus go round and round...

My evil discombobulation continues!!!


[edit on 10/5/2009 by Hx3_1963]

They gave loans to those they knew would not be able to pay them back.
Thus they created a new commodity - toxic assets (debt as such).
But, it's nothing new under the Sun.
Socialism was based on the same pillars - political factories.
In socialism they built factories although they knew they had no resources to work with and people had no money to pay for them.
If we want to be honest, we should call this economic system - The Crash Mechanism.
What we are witnessing at the moment is the attempt from the political parties to wrestle power from capital holders by destroying the purpose of capital - by investing in "bailout".
So they give fiat money to the banks, but not to the people, to pay off the debt.
This fiat money is the toxic "mononuclear" acid, replacing real blood, corroding the Market.
With such an "infusion". Market will go flat, like in "entropy".
But don't worry, they do have the machine which does: "Ping"!
All patients in Intensive Care will die because the cleaning woman unplugs the "Ping Machine", in order to do the vacuum-cleaning...

Hmmm...

Is that fear I smell in Spot Gold???

$1016.48 after a high of $1017.52...

Dow Jones Industrial Average 9,601.03 3:36pm ET Up 113.36 (1.19%)
S&P 500 INDEX,RTH 1,041.02 3:39pm ET Up 15.81 (1.54%)

Sooo...what fabricated story did I miss to incite this fake rally???

[edit on 10/5/2009 by Hx3_1963]

I got home tonight and checked the FAS buy limit order I entered at 6 AM.

EXPIRED!

That means a lot of the higher risk taking bulls are jumping back into the market and the derivative price got way ahead of the cash market.

[edit on 5-10-2009 by fromunclexcommunicate]

Anyone catch this story yet?

The demise of the dollar
Tuesday, 6 October 2009
www.independent.co.uk...

Hmmm...maybe that WAS fear I smelled in Spot Gold...

Spot Gold $1017.39

If ya smellll-la-la-la-la-la...what The Rock...is...Cookin'!

DXY 76.616

[edit on 10/5/2009 by Hx3_1963]

Originally posted by GreenBicMan
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.

It's a straight look: Here is once again another intersection of LR and SMA(15)


[atsimg]http://files.abovetopsecret.com/images/member/1a1e2d825412.jpg[/atsimg]

The Dow will hit again the point of intersection in its scheduled local recovery process, and the question is when. Since the computers decide whether to buy or sell, you can get a shot at it. The point of intersection occurred at 9,690 points, and the best estimate is that the Dow will climb to this point tomorrow at 1:15 pm.

The best algorithm to predict the Dow's trips up and down is the VA. That's because V is a partial arrow that points down, whereas A points up.

VA! The look into the future.
VA for any serious investor!
VA! The best financial software from Virtual Alchemy. Buy today!

Hmmm...

Spot Gold hit a high just a bit ago of $1021.20...



USD 76.222

YEN 88.855

EUR has been climbing all day as well... 147.489

GBP 1.60045

I smell sumpthin' burnin'... ...AGAIN...(think Forrest Gump )

Banks brace for Latvia's collapse
www.telegraph.co.uk...

The Svenska Dagbladet newspaper said Sweden's finance minister Anders Borg had told banks secretly that Latvia's political order was unravelling, advising them to prepare for the collapse of Latvia's rescue talks.

Latvia has failed to deliver draconian spending cuts agreed to secure the next tranche of its €7.5bn (£6.85bn) bail-out from the EU, the International Monetary Fund, and Sweden, balking at 20pc cuts in pensions and a further 15pc cut in public wages.

More at Link..

Dollar Falls on Report Gulf States May Stop Using Greenback
www.bloomberg.com...

And now CNBS is retracting the story...it's untrue...

...2000 old guys about had a heart attack and now 200 guys at the Fed Res/Treas/IMF/WB & BIS are having Cocktails... :shk:

[edit on 10/6/2009 by Hx3_1963]

Following the 112-points gain by the Dow, NIKKEI advanced very cautiously by 0.18%. FTSE 100 and DAX, which unlike NIKKEI do not subscribe to Hex Newsletter, both joined the Dow and moved up recklessly by more than 1.5%. Better be rich than sorry.

UN calls for new reserve currency
Oct 6 07:17 AM US/Eastern
www.breitbart.com...

The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the "privilege" of building a huge trade deficit.

"Important progress in managing imbalances can be made by reducing the reserve currency country?s 'privilege' to run external deficits in order to provide international liquidity," UN undersecretary-general for economic and social affairs, Sha Zukang, said.

Speaking at the annual meetings of the International Monetary Fund and World Bank in Istanbul, he said: "It is timely to emphasise that such a system also creates a more equitable method of sharing the seigniorage derived from providing global liquidity."

Spot Gold record high of $1043.34

USD low of 76.103

FTSE 100 5,137.98 11:35AM ET Up 113.65 (2.26%)
CAC 40 3,770.21 12:11PM ET Up 95.20 (2.59%)
DAX 5,657.64 11:45AM ET Up 148.79 (2.70%)
ATX 2,611.74 11:33AM ET Up 110.74 (4.43%)

Dow Jones Industrial Average 9,724.82 1:17pm ET Up 125.07 (1.30%)
S&P 500 INDEX,RTH 1,054.52 1:17pm ET Up 14.06 (1.35%)

Guest Post: China Defaults, Currency Basket Threatens Dollar
www.zerohedge.com...

[edit on 10/6/2009 by Hx3_1963]

Originally posted by stander

Originally posted by GreenBicMan
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.

It's a straight look: Here is once again another intersection of LR and SMA(15)


[atsimg]http://files.abovetopsecret.com/images/member/1a1e2d825412.jpg[/atsimg]

The Dow will hit again the point of intersection in its scheduled local recovery process, and the question is when. Since the computers decide whether to buy or sell, you can get a shot at it. The point of intersection occurred at 9,690 points, and the best estimate is that the Dow will climb to this point tomorrow at 1:15 pm.

The best algorithm to predict the Dow's trips up and down is the VA. That's because V is a partial arrow that points down, whereas A points up.

VA! The look into the future.
VA for any serious investor!
VA! The best financial software from Virtual Alchemy. Buy today!

Good ~guesstimate~, but,


Looks like you were 35? Pts too low??? Hmmm...Mr Goldman will be disappointed...

The USD tanking hurt yer prediction I believe...the rush from the dollar ended up in that 35? Pts... >.<

Latvian loan plan threatens Nordic banks
Google News search

Hmmm...nuttin' to see here...

Latvia 317.55 +9.01 +2.92% 10-06
Estonia 3271.13 +48.93 +1.52% 10-06
Lithuania 295.16 +5.82 +2.01% 10-06
Poland 38088.97 +935.87 +2.52% 10-06
Czech Republic 1144.20 +20.60 +1.83% 10-06
Hungary 20286.04 +501.56 +2.54% 10-06
Slovakia 302.49 +0.00 +0.00% 10-06
Denmark 333.10 +6.77 +2.07% 10-06
Norway 375.84 +9.55 +2.61% 10-06
Sweden 891.88 +15.46 +1.76% 10-06
Austria 2611.74 +110.74 +4.43% 10-06

Guest Post: The Treasury Department Endorses Lying To The Public
www.zerohedge.com...

Is GS Down Due To Rumors Of Big Oil Derivative Loss?
www.zerohedge.com...

Obama's permanent depression
www.atimes.com...

CREDIT BUBBLE BULLETIN
No way to fix a collapse
Page 1 of 3
www.atimes.com...

CIT Bondholder Call Today Likely To Decide Company Fate
www.zerohedge.com...

DebtWire Reports CIT Bondholders Push For More Equity During Call
www.zerohedge.com...

[edit on 10/6/2009 by Hx3_1963]

WOW Banking system is basically bankrupt the UN is demanding we get away from the US dollar as a monetary standard. as you read this another one million homes are being foreclosed upon and the unemployment rates are at the highest they've been since the great depression....

they have the balls to rally the markets??? who are these people???
Surely this has to be an alien conspiracy as they have to live on a different planet than the rest of us!

[edit on 6-10-2009 by DaddyBare]

reply to post by DaddyBare

This sounds like that Latvia story...

Japanese Moratorium Will Postpone Collection of Principle and Interest on Consumer and Business Loans
globaleconomicanalysis.blogspot.com...

It's important to remember that no matter how nutty things have gotten during this credit bust, even nuttier solutions are waiting in the wings.

The Japanese Minister of Finance has proven that in spades by proposing a debt moratorium to individuals as well as firms. The moratorium would postpone repayment of principal and interest on loans, in an effort to spur more bank lending.

More at Link...

Spot Gold $1041

USD 76.281

YEN 88.69

[edit on 10/6/2009 by Hx3_1963]

reply to post by Hx3_1963


If banks cant collect interest on loans (how they fund themselves now) what will happen is they will find other ways to raise capital... can you say a 100 million yen overdraft fee???

reply to post by Hx3_1963

LOL. That was quick. No one was waiting till 1:15. They got the 10k quota to meet and there are signs of disorderly ascend all around. The careful Japanese don't move that way. We have to weigh the pig each day to tell when it goes under the knife.

Hang Seng 21,272.55 3:13AM ET Up 461.02 (2.22%)
Nikkei 225 9,799.60 2:00AM ET Up 107.80 (1.11%)
Seoul Composite 1,598 2:02AM ET Down 0.44 (0.03%)

European stock futures points to lower start
www.reuters.com...

9672.25 9699.0 26.75
1050.57 1054.0 3.43

Spot Gold 1048.05 high

Spot Silver 17.49 high

WTI Crude 71.30

USD 76.125 low

YEN 88.068 high

European shares fall in early trade; oils slip
www.reuters.com...

Europe shares turn positive; miners gain
www.reuters.com...

wonder why?!?

FTSE 100 5,138.55 4:16AM ET Up 0.57 (0.01%)
CAC 40 3,777.73 4:17AM ET Up 7.52 (0.20%)
DAX 5,661.82 4:16AM ET Up 4.18 (0.07%)

[edit on 10/7/2009 by Hx3_1963]

The question for tomorrow is whether the Dow hits 9,800. The traders know how it looks like up there; the expedition reached this point a month ago. But the climb could be delayed by "Hungry Betty." That's how the traders nicknamed the source of a huge pile of sell orders that are oftentimes placed in the mornings right after the opening bell.

It's very likely that the Dow will be be bellow the Previous Close line at 10:00 to serve Hungry Betty breakfast.

The rest of the world is watching the Dow and S&P 500 confident climb, acting upon it . . . Such a lovely picture.
nd01.blog.cz...

If the USD keeps declining, we will continue to see a rise in the markets as people exchange FRNs for something perceived to be of better value.

If Bennie finds a way to restrengthen the USD the markets will fall accordingly

When the markets AND the USD fall at the same time, that's when we get nervous.

How's the curve doing on the treasuries? Still a curve or flat?

reply to post by redhatty
Oh yeah that's looking good...

13-WEEK TREASURY BILL

5-YEAR TREASURY NOTE

10-YEAR TREASURY NOTE

30-YEAR TREASURY BOND

...But...I noticed a nice ~move~ around ~10:40 GMT in all the FX... :shk:

USD 76.368

YEN 87.993 low - 88.736 now

Spot Gold 1042.20

FTSE 100 5,112.03 7:28AM ET Down 25.95 (0.51%)
CAC 40 3,760.3999 7:28AM ET Down 9.81 (0.26%)
DAX 5,640.41 7:28AM ET Down 17.23 (0.30%)

FTSE down 0.4 pct; oils, food retailers weaken
www.reuters.com...

9672.25 9668.0 -4.25
1050.57 1050.0 -0.57

[edit on 10/7/2009 by Hx3_1963]

The gold market is looking four to six months ahead. This is a monetary rally. Bullion has jumped 19 percent this year, heading for a ninth annual gain, after futures touched a record $1,045 an ounce yesterday.

Why? people have lost faith in the dollar and are seeking a safer place to put their assets.

Obama has increased the nation’s marketable debt to an unprecedented $7.1 trillion, Goldman Sachs Group Inc. predicts the U.S. will sell about $2.9 trillion of debt in the two years ending next September.

“Gold is a forecaster of inflation instead of a coincident indicator,” based on its surge before 1980, said Dan Greenhaus, the chief economic strategist at Miller Tabak & Co. in New York. “There’s nothing right now that says inflation will break out to all-time highs. But gold can move considerably higher from here. Should growth return, inflation will return.”

Source

All this seems puzzling to me as it looks now as if we're lining up for a round of deflation... right now it seems to be a money grab.. make what you can now before it all comes crashing down... I guess only time will tell