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

VIX Premium Shows Bear Market Lasting Two Years in U.S. as Traders `Panic'
www.bloomberg.com...

VIX 51.53 +11.15%

God I hate Steve Liesman too...always defending the Gov/Fed...butt-nugget...

and...I still see HSBC commercials on CNBC...what a joke...

DJIA 6,829.72 12:44pm ET -233.21 (-3.30%)
S&P 708.74 12:43pm ET -26.35 (-3.58%)
just *bearly* hangin' on to that resistance point...

S&P 400 MIDCAP INDEX 426.91 12:23pm ET -22.53 (-5.01%)

Matt Nesto was just saying ~$11T so far on the "bail outs"

[edit on 3/2/2009 by Hx3_1963]

reply to post by Hx3_1963


Of course the traders are panicking their pay checks are going down the toilet with the economy! As for the rest of us we will just have to wait and see what has caused the huge slides in today's market....

this is the 6th time I have seen this same story headline this morning..

Wall Street slammed by AIG fallout, economic worry Reuters

We get it already for cripes sake we are blaming AIG now, we get it

[edit on 2-3-2009 by xoxo stacie]

Someone has got to be messing with the market S&P went from 706 to 708 in about 60 seconds. Is someone big moving things around?

Dow Jones Industrial Average 6,813.15 1:18pm ET -249.78 (-3.54%)
S&P 500 INDEX,RTH 704.87 1:44pm ET -30.22 (-4.11%) look out!

GE (NYSE) $7.65 -0.87 -10.20%
BAC (NYSE) $3.39 -0.57 -14.43%
C (NYSE) $1.17 -0.33 -22.00%
HBC (NYSE) $28.17 -6.63 -19.05%

AIG (NYSE) $0.48 +0.06 +13.24%
imagine that....

I don't think anyones buying the citi BS line......the more the Gov/Fed puts in the lower it gets...

I still can't believe Gold hasn't made a move!!!! $940's...now $937.81??? WTF?

S&P 400 MIDCAP INDEX 424.96 1:34pm ET -24.48 (-5.45%)

[edit on 3/2/2009 by Hx3_1963]

reply to post by Hx3_1963


got real close to 150
2nd line till add more on edit

ouch Canada has gone over -6%

It really seems that they don't want the S&P to go below 700 now doesn't it....
updated forecast on airline losses for 2008 at 8 BILLION

[edit on 2-3-2009 by xoxo stacie]

[edit on 2-3-2009 by xoxo stacie]

Canada
S&P/TSX COMPOSITE INDEX 7,612.73 -510.29 -6.28% 13:37
S&P/TSX EQUITY INDEX 7,941.09 -528.88 -6.24% 13:37
S&P/TSX 60 INDEX 457.10 -32.46 -6.63% 13:37
S&P/TSX VENTURE COMP IDX 840.39 -21.27 -2.47% 13:37

Argentina
ARGENTINA MERVAL INDEX 943.35 -75.94 -7.45% 13:16
ARGENTINA BURCAP INDEX 3,348.08 -283.95 -7.82% 13:16
M.AR MERVAL ARGENTINA IX 657.23 -34.88 -5.04% 13:16
INDICE BOLSA GENERAL 53,325.97 -4,145.15 -7.21% 13:16

what's up with Argentina???
Argentina’s Funding Options to Tighten, Moody’s Says (Update1)
www.bloomberg.com...

[edit on 3/2/2009 by Hx3_1963]

Now Ken Lewis is talking about getting out soon. He might stay on until they repay the debt. We'll see. S&P back up to 708 hanging on so far.

Something about all of this market action just isn't sitting well with me. We haven't had nearly as bad of news as we had at the end of last year. Yet all these markets the world over are sliding like mad? Something is up and we just don't know what it is yet.

reply to post by xoxo stacie
I believe the phrase is..."The Jig is up?"
anyone who follows this stuff HAS to know, "this" ain't not gonna work...
(yes that's a double negative )

Originally posted by xoxo stacie
Something about all of this market action just isn't sitting well with me. We haven't had nearly as bad of news as we had at the end of last year. Yet all these markets the world over are sliding like mad? Something is up and we just don't know what it is yet.

That's why I was wondering if there was one or two heavy hitters moving things around. If this is the case, they alone could control close. It seems as though the S&P is slipping and recovering in minute by minute increments, that doesn't make sense to me. Thoughts?

reply to post by elston
Well...as the share number gets smaller, change numbers equate in a larger % move overall...

reply to post by Hx3_1963


The jigs been up no one wants to admit it yet is all.

Funny thing is we seem to be fairing better than the others wonder if we (usa) are the ones selling out the others.

reply to post by xoxo stacie
Well...at least we own controling interest in 2 worthless AIG branchs now...
soon to be a few more...
worthless banks with millions of worthless mortgages
worthless auto companys
ect
ect
wash...rinse...repeat...


Edit: fixed ownership issues LoL

[edit on 3/2/2009 by Hx3_1963]

reply to post by Hx3_1963


psstt we don't own AIG they were started by foreign interest's in the USA and still run their biz in foreign countries. Mainly Japan..

Sorry for my ignorance, but I’ve heard somewhere, that if DOW drops below 3k the US industry & economy will shut down, pulling the rest of world into a black hole. Is that true?

This might be a simplistic view, but I've been watching this thread since it started, along with all the old financial threads (Karl Denninger, Reinhardt, ect.) since the first big bailout and market turmoil. There won't be a single day crash, we'll continue to see a gradual slipping with enough ups and downs to get everyone used to the ride. Slow descent with enough small shocks to switch the focus and attention at all the key intervals. It's a conditioning exercise.

[edit on 2-3-2009 by maudeeb]

If you guys remember correctly a bunch of economist predict a huge flop in the markets in mid March.

It's march right now! This might be the beginning.

Soon our kids will be asking for more allowance money because they cant afford the candy they bought before!

reply to post by xoxo stacie
I knew that, but, that's not what the Fed is spouting...how can we have a controling interest in some "transaction" that isn't even legal?!?!
I thought the Fed could only swap assets for debt or am I missing something?

reply to post by twilightzone
Probley before we reach that number...

Originally posted by Tentickles
If you guys remember correctly a bunch of economist predict a huge flop in the markets in mid March.

Beware the Ides of March. That's the 15th for anyone that doesn't know.

Superstitious me? No, of course not! Whatever gave you that idea?