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

One more look before Im out for a bit

later

reply to post by GreenBicMan
Anything to be "gleaned" from this?

Use the link for reference to the chart...

www.usagold.com...



Sound familiar ??? :shk: I'll skip a few as not to get Mod-ized...be sure to read all though!!!

1.

"We will not have any more crashes in our time."
- John Maynard Keynes in 1927 [NB: The authenticity of this one is a little suspect]

2.

"I cannot help but raise a dissenting voice to statements that we are living in a fool's paradise, and that prosperity in this country must necessarily diminish and recede in the near future."
- E. H. H. Simmons, President, New York Stock Exchange, January 12, 1928

"There will be no interruption of our permanent prosperity."
- Myron E. Forbes, President, Pierce Arrow Motor Car Co., January 12, 1928

3.

"No Congress of the United States ever assembled, on surveying the state of the Union, has met with a more pleasing prospect than that which appears at the present time. In the domestic field there is tranquility and contentment...and the highest record of years of prosperity. In the foreign field there is peace, the goodwill which comes from mutual understanding."
- Calvin Coolidge December 4, 1928

4.

"There may be a recession in stock prices, but not anything in the nature of a crash."
- Irving Fisher, leading U.S. economist, New York Times, Sept. 5, 1929

~~~

20.

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S."
- President F.D. Roosevelt, 1933

Fast forward... year 2001

More at Link...

DJIA 9242.56 9213.0 -29.56

^AORD All Ordinaries 4,318.60 2:08AM ET Up 48.10 (1.13%)
^SSEC Shanghai Composite 3,450.96 2:12AM ET Down 11.63 (0.34%)
^HSI Hang Seng 20,813.77 2:13AM ET Up 6.51 (0.03%)
^BSESN BSE 30 15,871.20 2:18AM ET Down 53.03 (0.33%)
^JKSE Jakarta Composite 2,358.73 12:59AM ET Up 19.94 (0.85%)
^KLSE KLSE Composite 1,171.31 Aug 3 Down 3.59 (0.31%)
^N225 Nikkei 225 10,375.01 2:00AM ET Up 22.54 (0.22%)
^NZ50 NZSE 50 3,092.80 1:31AM ET Up 44.95 (1.47%)
^STI Straits Times 2,673.93 2:28AM ET Down 7.71 (0.29%)
^KS11 Seoul Composite 1,566.37 2:02AM ET Up 1.39 (0.09%)
^TWII Taiwan Weighted 6,955.87 1:46AM ET Down 100.84 (1.43%)

[edit on 8/4/2009 by Hx3_1963]

Originally posted by Hx3_1963

And crash...into the great abyss...

...thought you'd like this post as yer such a Graph-oholic...

[atsimg]http://files.abovetopsecret.com/images/member/1c1bb2bc8a09.gif[/atsimg]

Goodbye, Sears Tower; hello, Willis Tower

New owners of Chicago landmark say they offer more than just a new name.

Why do they mess with the Sears Tower in times like these? Don't they know that the tower has a twin -- an unshapely ugling, a fatty boy?



[atsimg]http://files.abovetopsecret.com/images/member/514a88a0f804.jpg[/atsimg]


Pater noster, qui es in caelis:
sanctificetur Nomen Tuum;
adveniat Regnum Tuum;
fiat voluntas Tua,
sicut in caelo, et in terra.
Panem nostrum cotidianum da nobis hodie;
et dimitte nobis debita nostra,
Sicut et nos dimittimus debitoribus nostris;
et ne nos inducas in tentationem;
sed libera nos a Malo

Up is green
and down is red.
"It takes a needle,"
the devil said.



Red is down
and up is green.
Out of colors
never seen



Out of Heaven
out of Hell.
Climb the tower
ring the bell.



I'm afraid of heights. Maybe Hex can go climbing and ringing.

reply to post by stander
Oh I saw yer last pictorial on the dangers of climbing a Mountain...

:shk:

BTW: That was a GREAT image overlay!!!

Only you could pull that off!!!

The way up...



The way down...

INDEX: DXY
www.marketwatch.com...

77.68

Change

+0.04 +0.05%

Volume 0

Aug 4, 2009 2:03 a.m.

Previous close

77.64

77.68

Change

+0.04 +0.05%

[edit on 8/4/2009 by Hx3_1963]

reply to post by GreenBicMan
Hey...here's a bright idea!!!

How about...a "Market Speculation/Prediction/Trend" Thread???

Being as GBM is the head cheerleader he can start it and whoever is interested, can follow???

It would be more appropriate as it is speculation on trends only the minority seems to see...

Running off Pause4thought and Redhatty (the backbone of quality posts this was built upon) is a major Faux Paux...your "needs" would be much better met with a new thread IMHO...less of our "chatter" between your charting...easier to stay on track...for both groups...

I might even check in from time to time to see how your "Trends/Predictions" work out...

[edit on 8/4/2009 by Hx3_1963]

Originally posted by Hx3_1963
reply to post by GreenBicMan

 

Nice Charting, but, I was alluding to more of the current run up with 1928/29 charts vs 2008/2009...hmmm nice coincidence 80 yrs BTW...

Find one on the run up to "Chart" and compare...like the prior year to the crash...and compare...?

(yeah I *said* 6 months, but, guess that's a little to tight to see the run...)

[edit on 8/4/2009 by Hx3_1963]

Yesterday there was a chart posted over at Urban Survival regarding the S&P recent action compared to 1929/1930. Sorry but I haven't a clue how to post the chart here.

Seems the chart originally came from David Rosenberg, Chief Economist and Strategist with wealth management firm Gluskin/Sheff in Toronto.

Hopefully it's useful posting the link here and maybe someone that knows how can post it directly in the thread, if it is useful. If not, sorry for the intrusion - I stop by everyday to see what's being discussed in this thread. Love it and thanks for the effort you all put in.

Edit to add that I think it's a great idea to have a separate thread for "Market Speculation/Prediction/Trend"

[edit on 4-8-2009 by Maya00a]

reply to post by Maya00a
Thank You!

A more fitting thread I would guess...the "duality" this thread has now is quite distracting and interrupts it's self on so many levels...it's not funny

As this isn't either...

finance.yahoo.com...

^ATX ATX 2,313.36 4:18AM ET Up 5.26 (0.23%)
^BFX BEL-20 2,168.49 4:33AM ET Down 9.28 (0.43%)
^FCHI CAC 40 3,453.93 4:33AM ET Down 23.87 (0.69%)
^GDAXI DAX 5,383.26 4:18AM ET Down 43.59 (0.80%)
^AEX AEX General 284.73 4:33AM ET Down 2.76 (0.96%)
^OSEAX OSE All Share 353.92 4:18AM ET Down 2.14 (0.60%)
^MIBTEL MIBTel 15,743.00 May 29 Down 174.00 (1.09%)
^SMSI Madrid General 1,126.39 4:15AM ET Down 8.54 (0.75%)
^OMXSPI Stockholm General 270.56 4:33AM ET Down 3.18 (1.16%)
^SSMI Swiss Market 5,947.90 4:18AM ET Down 19.53 (0.33%)
^FTSE FTSE 100 4,655.45 4:18AM ET Down 27.01 (0.58%)

DJIA Futures 9242.56 9197.0 -45.56

INDEX: DXY
www.marketwatch.com...

77.68

Change

+0.04 +0.06%

Aug 4, 2009 4:44 a.m.

Fed Plans to Strengthen Bank Examinations With Expert Teams, Tarullo Says
www.bloomberg.com...

Aug. 4 (Bloomberg) -- The Federal Reserve plans to strengthen its examinations of banks’ lending practices and financial health with new teams composed of experts in everything from law to economics and markets.

Fed Governor Daniel Tarullo outlined the step in testimony prepared for a Senate Banking Committee hearing in Washington today. The overhaul, which would make reviews more uniform across the banking system, builds on the stress tests the central bank completed on the biggest 19 banks in May, he said.

The initiative comes as criticism spreads of President Barack Obama’s proposal to give the Fed powers to oversee systemic financial risks. Treasury Secretary Timothy Geithner last week told regulatory chiefs -- including Sheila Bair, the Federal Deposit Insurance Corp. chairman who opposes making the Fed the sole systemic-risk agency -- they should stop attempts to campaign against the administration’s revamp of rules for the industry, a person familiar with the matter said.

“We are prioritizing and expanding” the examination process to “assess key operations, risks and risk management activities of large institutions,” Tarullo said in prepared remarks for today’s hearing. “This program will be distinct from the activities of on-site examination teams so as to provide an independent supervisory perspective.”

More at Link...

Remember: Watch Kd's big 3 after the FBI/SEC/FDIC raids today... :shk:
market-ticker.org...
market-ticker.org...
market-ticker.org...

FDIC's Bair Opposes Single U.S. Bank Regulator, Says Plan Is `No Panacea'
www.bloomberg.com...

Biggest Banks Come Up Short on Treasury's List of Mortgage Modifications
www.bloomberg.com...

AIG's Benmosche Faces `Race Against Time' to Turn Around Bailed-Out Firm
www.bloomberg.com...

UBS Posts Third Consecutive Loss on Costs From Cutting Jobs, Debt Charges
www.bloomberg.com...

Northern Rock's Loss Widens as Mortgage Arrears Swell at Nationalized Bank
www.bloomberg.com...

BMW Second-Quarter Net Income Declines 76% as Luxury Vehicle Sales Slump
www.bloomberg.com...

Pakistan Airline is ‘Technically Bankrupt,’ CEO Says: News Link
www.thenews.com.pk...

One-Third of Russian Clothing Retailers Going Bust, European Exporters Say
www.bloomberg.com...

[edit on 8/4/2009 by Hx3_1963]

Apologies for not showing my face for a few weeks. Following every post became a bit overwhelming. We're not all borgs, Hx.

I see stander has excelled himself of late. But seeing he'll never have to do another day's work he's got the time, hasn't he? We need to keep him busy - it keeps him off the bottle.

As to the duality of the thread, I'm for it, personally. We get both the microcosm and the possible consequences all at once - which I think is a real strength. It's only possible through the incredible commitment so many have shown to make it happen.

I'm intending to respond to dizziedame's request for more raw data & I see Hx is already obliging.

If anyone wants to experiment with another thread I'm fine with that, though it could mean a lot of jumping back & forth. In any case, what started as a hot drinks stand has now become a mega coffee shop of gargantuan proportions. Garfunkels eat your heart out: you never educated us like Up-to-Date's.



Things are looking a bit slippery in London:

[atsimg]http://files.abovetopsecret.com/images/member/2a59b63b2066.png[/atsimg]
Source

4648.49 -33.97 -0.73%




Maya00a - thanks for the chart. I'll U2U you with some tips on how to post images.


[atsimg]http://files.abovetopsecret.com/images/member/7e2e90b92259.jpg[/atsimg]

Source

reply to post by pause4thought


What a "virtual mirror"...scary at many levels...notice the "peaks and valleys"...very close...

Seems the FDIC is now on the "War Path" for control of this "Carnival"... :shk:

Seems to me She/They are the only "True" holders of this kind of power...the Fed IMHO has to many conflicts of interest and is to secretive...this would just add to more indecision and lack of intel on a trading basis...

Oh...Shazam...

Royal Bank of Scotland, Lloyds May Write Down $29 Billion of Property Debt
www.bloomberg.com...

Aug. 4 (Bloomberg) -- Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc, the U.K.’s biggest taxpayer-funded banks, may post a combined 17.7 billion pounds ($30 billion) of writedowns after the U.K.’s property slump worsened.

Lloyds may set aside 11.3 billion pounds for bad loans, a fourfold increase from the previous year, according to the median estimate of eight analysts surveyed by Bloomberg. RBS may report 6.4 billion pounds in provisions, up from 1.48 billion pounds a year earlier, the analysts said.

“The key fear in our minds is write-offs from distressed commercial property and residential property,” said Richard Champion, who helps oversee about $2 billion at Principal Investment Management in Sevenoaks, England, including shares of London-based Lloyds and Edinburgh-based RBS.

British property values have dropped since the start of the credit freeze, with commercial real estate declining 44 percent from its mid-2007 peak, according to London-based Investment Property Databank Ltd. Residential prices fell 21 percent in the same period, according to the Halifax housing index.

RBS posted 31.9 billion pounds of writedowns and credit market losses from mid-2007 through March 31 and Lloyds reported 33 billion pounds, data compiled by Bloomberg show. Lloyds had 2.5 billion pounds of loan provisions in the first half of 2008.

Banks have “too much commercial property debt and have to get it down,” RBS Chief Executive Officer Stephen Hester said last month. The debt reductions would take three-to-five years, he said. Together, RBS and Lloyds have 97 billion pounds of commercial real estate loans, according to a June 26 report from Paris-based BNP Paribas SA.

‘Next Wave’

More at Link...



[edit on 8/4/2009 by Hx3_1963]

And the "rout" continues...as of now...

^ATX ATX 2,298.03 5:13AM ET Down 10.07 (0.44%)
^BFX BEL-20 2,175.48 5:28AM ET Down 2.29 (0.11%)
^FCHI CAC 40 3,453.27 5:28AM ET Down 24.53 (0.71%)
^GDAXI DAX 5,376.31 5:13AM ET Down 50.54 (0.93%)
^AEX AEX General 284.68 5:28AM ET Down 2.81 (0.98%)
^OSEAX OSE All Share 352.25 5:13AM ET Down 3.81 (1.07%)
^MIBTEL MIBTel 15,743.00 May 29 Down 174.00 (1.09%)
^SMSI Madrid General 1,123.32 5:10AM ET Down 11.61 (1.02%)
^OMXSPI Stockholm General 270.20 5:28AM ET Down 3.53 (1.29%)
^SSMI Swiss Market 5,913.83 5:13AM ET Down 53.60 (0.90%)
^FTSE FTSE 100 4,641.98 5:13AM ET Down 40.48 (0.86%)

DJIA Futures 9242.56 9193.0 -49.56

U.K. Royal Mint Doubles Gold Coin Production on Swelling Investor Demand
www.bloomberg.com...

Deflation's Silver Lining Points to Further Advances for Stocks in S&P 500
www.bloomberg.com...

Breaking from Bloomberg...

"Treasury to shame Banks by announcing names"

[edit on 8/4/2009 by Hx3_1963]

reply to post by Hx3_1963


You said it. A timely reminder of the commercial real estate time bomb. Recovery? Eye of the storm more like.

Here's some more to back up the general situation in the UK, this time breaking news relating to private property losses:

Northern Rock makes hefty losses

Northern Rock has reported a loss of £724.2m for the first six months of 2009, compared with a loss of £585.4m in the first half of last year.

The nationalised bank said that 3.92% of its mortgage loans were more than three months in arrears, well above the national average of 2.39%.

It currently owes the government £10.9bn, but is waiting for European regulatory clearance for more funding.

Northern Rock was nationalised in February 2008. It had to be bailed out by taxpayers in 2007, when its model of borrowing short-term funds from wholesale markets to lend to mortgage borrowers was hit by the credit crunch.

BBC business editor Robert Peston said that there were tentative signs that Northern Rock may be over the worst. But he added that its mortgages are continuing to go bad at an alarming rate and a faster rate than most of its rivals.

The bank said the total value of all of its loans had fallen by £602.2m in the first six months of the year...

Source article

Originally posted by pause4thought
Things are looking a bit slippery in London:

[atsimg]http://files.abovetopsecret.com/images/member/2a59b63b2066.png[/atsimg]

No, that's not the sign that I saw when visiting HRH Princess Eugenie.

3.bp.blogspot.com...

Yeah, that's the one.

reply to post by stander


Since meeting you she wears a satellite dish just to pick up signals warning you're in the vicinity:


[atsimg]http://files.abovetopsecret.com/images/member/3daf6a9a7afb.jpeg[/atsimg]


You thought money would impress, but she saw right through the fake sheik outfit.



Footsie has steadied at 4649.88 -32.58 -0.70%

Source

Well FTSE seems to be on a slight rise now as stated...but...maybe not...i see -.73% now Hmmm...

FTSE 100 4,645.93 6:09AM ET Down 36.53 (0.78%)
FTSE 100 4,644.49 6:11AM ET Down 37.97 (0.81%)
FTSE 100 4,642.20 6:14AM ET Down 40.26 (0.86%)

Ok...guess UK woke up and saw the Bank headlines

DJIA Futures 9242.56 9192.0 -50.56
DJIA Futures 9242.56 9191.0 -51.56

Seem to be weakening a tad...still over 3 hrs to open so expect a positive when the bell rings here...

Gold $953.51... a tad lower as the $ seems to have made a few cent gain off it's lows...

77.62

Change

-0.02 -0.03%

Aug 4, 2009 5:49 a.m.

[edit on 8/4/2009 by Hx3_1963]

Are the Brits gonna put telecrans in banks too?



www.abovetopsecret.com...

We do have a younger president in charge these days although one should not stereotype and say that all young Kenyans prescribe to Keynesian economics. Never the less the United States is in a rather debt ridden state at the moment and correctly predicting the the future course of the markets is going to require some input from the younger generation of traders.

Day charts don't seem to help much predicting longer term trends but neither have the bearish news reports. At the moment monetary policy seems to be dictating the currency patterns that are driving the markets. The dollar was not moving much overnight, oil and the world markets paired their gains. Looks like the consolidation part of the wave that GBM was talking about when viewed with a 60 to 90 minute filter.

/nydnrm

[edit on 4-8-2009 by fromunclexcommunicate]

reply to post by DangerDeath



I thought we already had a Nanny for the Banks children?

Eeewww...

FTSE 100 4,639.36 7:27AM ET Down 43.10 (0.92%)
CAC 40 3,450.75 7:42AM ET Down 27.05 (0.78%)
DAX 5,375.55 7:27AM ET Down 51.30 (0.95%)

Don't seem to be gettin' any better...

But...of course...

DJIA Futures 9242.56 9195.0 -47.56

Always looking up... :shk:

[edit on 8/4/2009 by Hx3_1963]

reply to post by Hx3_1963


The complexity never abates:
Pound clears $1.70 against the dollar

Is it me, or there some reduplication in that title? Any way:

The pound has continued to gain against the dollar, rising above $1.70 for the first time since October on optimism about the UK economy.

Sterling forged higher on Monday in the wake of strong UK manufacturing data and hopes about the health of the banking sector.

Alice in Wonderland, no less.

Here's a very worthwhile article, though. The most balanced article I've read in a while:

Is real recovery on its way?

Check it out. There's something in there for you, whichever side of the fence you find yourself on.

updates


** 30 MIN TIMESCALE **



If you look on the 30 M - you will see that our support lines coincedentally intersect right at this point?



One more on the 30

[edit on 4-8-2009 by GreenBicMan]

[edit on 4-8-2009 by GreenBicMan]