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

Originally posted by RolandBrichter

Originally posted by RolandBrichter
Meanwhile, back in the market...10 year treasury sale = EPIC FAIL..

Spiking interest rates...Bernanke's plan is dooooooooooomed




[edit on 27-5-2009 by RolandBrichter]

This is what spooked the markets....

I guess you are one of those naive newcomers. Here is a tutorial for you:

"You can't be a trader because that's too dangerous, and you can't be a buy and hold, because things we thought were absolutely safe are broken," says Michael Kresh, president of M.D. Kresh Financial Advisers in Islandia, N.Y. "You have to be somewhere in between. You have to be a conscientious long-term investor, somebody who is making decisions and designing portfolios not on day-to-day actions but on trends."

Investors, for instance, shouldn't pile back in the market because of one day's economic data or ratings change in a particular stock. That's for day-traders, who buy and sell quickly in large quantities and use sophisticated software and strategies to plot their maneuvers.

The mouse clicking traders don't even know who Bernanke is -- they don't need to. They play poker against each other. That one with better and faster software wins the day.

I think that, in time, the markets (if they survive in their current configuration) will reach equilibrium.....but will never regain the ridiculous, unsustainable and pumped up levels we have seen in the recent past.....The markets were never intended to be a casino, but as a method to generate capital formation...

reply to post by RolandBrichter


Actually is a new bubble been created as we speak the "bond Market one" is been pushed so much by the banks and the government that its inflation and burst may happen sooner than later.

reply to post by marg6043



Bond market dislocation WARNING!!!...Been waiting for this...

It Is FAILING: All of IT..

Look at the market dive....Look at the 10yr and 30yr yield curves

[edit on 27-5-2009 by RolandBrichter]

reply to post by RolandBrichter


I see you are very well informed on this new push by the government trying to create capital but what they are doing is just making things worst.

Thanks for the link, I just heard the bond market bubble making a few days ago but didn't have the time to research fully on it.

Originally posted by marg6043
reply to post by RolandBrichter

 

I see you are very well informed on this new push by the government trying to create capital but what they are doing is just making things worst.

Thanks for the link, I just heard the bond market bubble making a few days ago but didn't have the time to research fully on it.

No problem...That's why I love ATS...everyone has a unique perspective, and I learn something new on here darn near everyday

Edit to add...Just posted a dislocation thread

www.abovetopsecret.com...

[edit on 27-5-2009 by RolandBrichter]

reply to post by RolandBrichter


I agree! Since the breaks and fixes,the market has never really actualloy been "allowed" to find it's true value but has been and continues to be pumped up by false values and dis-placed truths.

We were talking about the Bond glut on this thread weeks ago, but kept getting reassured by all the reports of the Fed pumping an endless supply of money into the system at low interest rates.

Apparently the Fed is signaling a need for higher yields to attract buyers for all this debt. Sheila Bair Chairman of the FDIC said today that we were still in trouble due to all the bad paper. More people should read her book "Isabel's car wash".

[edit on 27-5-2009 by fromunclexcommunicate]

Slow night?

Figured after a triple digit loss I would at least see some negativity around here..

I dont have anything good to say.. today was blah

Nat. Gas though...? Up .001 you say?

lol

Dow Chart from 5/21 till Real Time right now

Basically this is monday again after tuesday wiped out monday


scandalous

Originally posted by GreenBicMan
Slow night?

Figured after a triple digit loss I would at least see some negativity around here..

I dont have anything good to say.. today was blah

Nat. Gas though...? Up .001 you say?

lol

Tomorrow will be interesting for natural gas.

Markets move up and down. Right now too many factors are going into it to truly see a clear direction. Too much GOVERNMENT.

reply to post by RetinoidReceptor


I think a lot of uncertainty was priced into the market yesterday..

If the SP500 doesnt hold here we will prob see mid 700's.. but I dont think it would be all that bad.. that has us right around the 50 EMA and could be the "bounce" we need..

But again, I am an optimistic mammajamma

www.bloomberg.com...

US Stock Futures Rise...

“It’s comforting to see those economic figures,” said Stanley Nabi, vice chairman of Silvercrest Asset Management Group, which oversees $7.5 billion in New York. “They give us a better indication that the decline in the economy is in fact slowing. That should give some support to the stock market.”

Not so sure about the "comforting" part but I think Biccy has been hot on the futures?

Yeah, the DOW open higer today, but also GM have some kind of offer, GM Bondholders OK Sweetened Offer, Holders Start With 10% Equity; 7.5% More At Both $15B & $30B Market Cap (story developing)

So something is cooking here.

www.cnbc.com...

The new home sales rising LESS than expected dampened the mood today it seems. Even though jobless claims abated a little this week and durable good orders...were...better and mixed.

New orders excluding transportation climbed 0.8 percent in April after declining 2.7 percent in March, boosted by orders for communications equipment, machinery and fabricated metal products, the Commerce Department said. However, there were some dark spots in the report. Civilian aircraft and parts tumbled 6.8 percent after surging 7.5 percent in March. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending, fell 1.5 percent in April. The prior month was revised to show a 1.4 percent decline

www.cnbc.com...

Something from Art Cashin, the head of UBS floor operations and a veteran of Wall Street for decades.

Who's Driving the Rally? Turning to the stop-and-start stock rally, Cashin voiced concerns over where the investment money is coming from. His sources, who have the ears of fund portfolio managers, say long-term institutional buying "is dead." Instead, "you're getting sector speculation now." "The rally has been primarily in stocks that that were beaten down. Which suggests it's a little bit short-covering, the rest is speculating. ...Kind of like buying lottery tickets." Cashin joked about the "deadly wrong aphorism on Wall Street: 'It's only $2 — what can I lose?'" "Well, you can always lose 100 percent."

www.cnbc.com...

He also is very worried about the treasury auctions. As everyone should be.

reply to post by RetinoidReceptor


Yeah, nothing but bubbles and now the oil cartel wants speculators to help them drive oil prices up.

Funny today in the news the Saudi minister after the OPEC meeting told one of the CNBC regulars that was referring to them as Cartel that they were not a "cartel" and that the term was "derogatory", this has prompted a controversy now in CNBC about the meaning of the word "cartel" and how they fix in it.

But what they don't say is that The OPEC is planning to have the oil prices up to 200 dollars a barrel within the next two years.

Well that is very nice for speculation.

Equities rallied from the negative after a 7-year treasury auction didn't have any fireworks.

reply to post by RetinoidReceptor


Yeah..

Everyone was getting too negative before this..

Should tell you to go the opposite way..

Worked again

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On a side note..

Natty Gas !?

Rollin!!

There is a boatload of resistance at current levels in DJIA futures though at current levels, so that is something to watch for around 8365..