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

reply to post by redhatty
Damm...The Rat Pack must be rollin' in their Graves...
What about poor Celion and Sigfried & Roy?


China
CSI 300 INDEX 2,224.08 81.93 3.82% 00:07
SHANGHAI SE A SHARE INDX 2,253.46 78.88 3.63% 00:22
SHANGHAI SE B SHARE INDX 137.39 5.67 4.30% 00:22
SHENZHEN SE A SHARE INDX 739.73 30.37 4.28% 00:07
SHENZHEN SE B SHARE INDX 310.68 10.49 3.49% 00:07
SHANGHAI SE COMPOSITE IX 2,146.63 75.20 3.63% 00:22
SHENZHEN SE COMPOSITE IX 702.62 28.76 4.27% 00:07
SHANGHAI SE 180 A SHR IX 4,924.47 201.19 4.26% 00:22
SHANGHAI SE 50 A-SHR IDX 1,625.46 61.49 3.93% 00:22
SHENZHEN G-SHARES 3,050.52 127.89 4.38% 00:07
SHANGHAI G-SHARES 1,822.89 63.71 3.62% 00:22
SSE COMPONENT STOCK IX 8,055.44 359.82 4.68% 00:07

Gold is stuck at $911

The Market has a very short memory...

[edit on 3/3/2009 by Hx3_1963]

Shanghai Composite 2,145.91 12:25AM ET Up 74.48 (3.60%)

Hang Seng 12,114.26 12:25AM ET Up 80.38 (0.67%)

BSE 30 8,430.72 12:30AM ET Up 3.43 (0.04%)

Jakarta Composite 1,267.65 Mar 3 Up 2.83 (0.22%)

KLSE Composite 868.74 Mar 3 Down 7.82 (0.89%)

Nikkei 225 7,293.60 12:20AM ET Up 63.88 (0.88%)

NZSE 50 2,469.34 Mar 3 Up 51.40 (2.13%)

Straits Times 1,527.45 12:26AM ET Down 1.06 (0.07%)

Seoul Composite 1,054.14 12:20AM ET Up 28.57 (2.79%)

Taiwan Weighted 4,544.47 12:20AM ET Up 109.13 (2.46%)


Asia caught a bid???

Looks like yesterday did become the "catch a breather day" - tried to be a rally, but when you have Bernanke, Geithner and Obama all on the tube, there's no way the markets are gonna be happy

So let's see that oversold rally come on, because the end of the 5th wave is gonna be FUGLY!

[edit on 3/4/09 by redhatty]

reply to post by redhatty
So...we oughta hold our breaths now?

What would make them think anythings better now, as opposed to a day or two ago?

Bring on the pump & dump!!!


S&P 500 +7.60 697.10 3/4 1:06am
Fair Value 695.68 3/3 9:31pm
Difference* +1.42

NASDAQ +8.25 1080.25 3/4 0:29am
Fair Value 1080.74 3/3 9:31pm
Difference* -0.49

Dow Jones +61.00 6730.00 3/4 0:25am

reply to post by Hx3_1963


I'm out now - all out.

I am only watching for *entertainment* purposes.

I'm fairly sure we are past the point of no return, even though there will still be some beer money to be made in this.

See what we look like in a year, then maybe, idk... maybe 2 yrs...

It's not fun anymore and I am not willing to participate in funding the fall.

Yep doom and gloom But, more time with the kids and dog coming up, some fishing and probably some traveling - time to find a nice chunk of fertile ground and set up the defensive perimeter

reply to post by redhatty
Good man...back to simple life!
I've head/read all day the 3500-4500 "bottom" is what some/most are looking for with 20%-25% failure rates?


Arbitrage indeed...

reply to post by Hx3_1963


ROFL Bottom with 25% fails, and that 25% leads to another 25% and so on and so forth until the only business that survive are Government owned.

Bah - not my cup of tea

And now for the lighter side of life



Great blog post on the Strengthening Dollar

Sorry back to Oh Crap

Treasuries Fall as U.S. May Announce $60 Billion of Debt Sales
March 4 (Bloomberg) -- Treasuries fell, extending the worst losses in five years, on speculation the U.S. will announce plans tomorrow to sell $60 billion of debt next week as it borrows record amounts to spur the economy.

The “steady drumbeat of Treasury auctions” will send yields higher this year, said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York. Treasuries dropped even as global stock markets declined, raising concern that increasing supply is overwhelming demand for the relative safety of government debt.

“Supply is pushing yields higher,” said Peter Jolly, head of market research at National Australia Bank Ltd.’s investment- banking unit in Sydney. “As stock markets are making lows, you would have thought that would send Treasury yields lower. I fear the supply concerns are gaining the upper hand.”

The yield on the 10-year note rose six basis points to 2.94 percent as of 1:48 p.m. in Tokyo, according to data compiled by Bloomberg. The price of the 2.75 percent security due in February 2019 dropped 15/32, or $4.69 per $1,000 face amount, to 98 13/32. A basis point is 0.01 percentage point.

Ten-year yields will be between 2.75 percent and 3.25 percent for the next few months, Jolly said, increasing his target range by a quarter percentage point from last week.

Yields, which dropped to a record 2.04 percent on Dec. 18, have averaged 4.64 percent for the past decade.

The U.S. will probably sell a record $33 billion of three- year notes on March 10, $17 billion of 10-year debt on March 11 and $10 billion of 30-year bonds on March 12, according to Wrightson, a research unit of the world’s largest inter-dealer broker. The auctions follow $94 billion of note sales last week.

Full Article

[edit on 3/4/09 by redhatty]

reply to post by redhatty
Star 4 U!

There's my 1st link for todays 2009 listing!!!

See Bloomberg has SOME use after all!

...and that "bottom"/% thing...was ment to be sarcastic...if ya saw the Arbitrage remark...


Edit: The Commerical wuz funny as all get out!!!
The only thing I would of done different...sped up the Announcer Narrative to Auction Dude Speed!!!


S&P 500 +12.30 701.80 3/4 3:45am
Fair Value 695.68 3/3 9:31pm
Difference* +6.12

NASDAQ +15.00 1087.00 3/4 3:31am
Fair Value 1080.74 3/3 9:31pm
Difference* +6.26

Dow Jones +98.00 6767.00 3/4 3:46am


Shanghai Composite 2,198.107 2:00AM ET 126.676 (6.12%)
Hang Seng 12,381.22 2:41AM ET 347.34 (2.89%)
NZSE 50 2,469.343 Mar 3 51.397 (2.13%)
Seoul Composite 1,059.26 1:02AM ET 33.69 (3.29%)
Taiwan Weighted 4,541.42 12:46AM ET 106.08 (2.39%)

WOW...look at Shanghai go!!!
WTH?!?

All Ordinaries 3,125.900 12:11AM ET -45.500 (-1.43%)
hhhmmm???

FTSE 100 3,568.43 3:19AM ET 56.34 (1.60%)
CAC 40 2,592.17 3:41AM ET 37.62 (1.47%)
DAX 3,736.89 3:41AM ET 46.17 (1.25%)

Currency Markets looking kinda funky this morning...


[edit on 3/4/2009 by Hx3_1963]

I'm no expert, but when I look at the inflation-adjusted S&P and inflation-adjusted Dow, I don't see any reason to hope that we don't "bottom out" below the critical threshold of S&P 500=500 (unless they reinflate the bubble, somehow).

If I weren't already insolvent myself, I'd be stocking up on ramen noodles right now.


[edit on 4-3-2009 by theWCH]

Yee Haw...GE is yanking the market around this morning...

It's up...no...it's down...it's up...

GE 6.60 -0.41 -5.85%

Dow Jones Industrial Average 6,869.23 11:08am ET 143.21 (2.13%)
S&P 500 INDEX,RTH 712.77 11:08am ET 16.44 (2.36%)



Gold $912 Stuck in the muck...
Oil $45 ouch!


[edit on 3/4/2009 by Hx3_1963]

Since I have no more in, I find it frustrating to watch anymore. Hope this thread stays alive since I have been checking this more than the ticker. Good work.

I liken the current situation in the market like the Manchurian Candidate. People (traders) have been brainwashed by Obama to "buy stocks" while holding each other hands and singing "up up and away".

Good luck with that though. Just makes for a more resounding crash a few days later.

reply to post by elston
Star 4 U!

Yeah..the never ending Train Wreck...

We don't have the Quanity of posters MT has, but, the Quality is pretty darn good!

I've been hooked since Gold hit $1024 last Year and will contribute till it either blows up or goes back to boring day to day operations.



[edit on 3/4/2009 by Hx3_1963]

reply to post by TH3ON3
I think today has more to do with China "leaking" more stimulus spending...raising hopes...but alas, Chinas consumption is to small to pull the world up by its bootstraps...

Wen May Announce New China Stimulus in State of Union Speech; Shares Surge
www.bloomberg.com...

...and now just for your viewing pleasure...Mr G Brown and the American
Monarchy...


FTSE 100 3,645.87 11:35AM ET 133.78 (3.81%)
CAC 40 2,675.6799 12:11PM ET 121.1299 (4.74%)
DAX 3,890.94 11:45AM ET 200.22 (5.42%)

Amazing what stimulus and a speech can accomplish...
Hope they don't expext this to hold up...

EconWatch: Private Sector Lost Nearly 700,000 Jobs
www.cbsnews.com...

10 Yr yield still over 3%
dollar a bit lower...
NZD/USD .5053 +2.31%
AUD/USD .6486 +1.76%
RBOB Gas $1.363

Dow Jones Industrial Average 6,861.90 12:28pm ET 135.88 (2.02%)
S&P 500 INDEX,RTH 710.45 12:29pm ET 14.12 (2.03%)

AIG Rescuers Try to Gauge How Many Times Insurer Will Need to Be Saved
www.bloomberg.com...

AIG Scraps Sale of Philippine Unit as It Reorganizes Insurance Operations
www.bloomberg.com...


[edit on 3/4/2009 by Hx3_1963]

Fee Rate Advisory #3 for Fiscal Year 2009
FOR IMMEDIATE RELEASE
2009-41

Washington, D.C., March 4, 2009 — Effective on April 1, 2009, or 30 days after the date of enactment of the Commission's regular appropriation for FY 2009, whichever is later, the Section 31 fee rate applicable to securities transactions on the exchanges and over-the-counter markets will increase to $25.70 per million dollars. Until that date, the current rate of $5.60 per million dollars will remain in effect. The Section 31 assessment on security futures transactions will remain unchanged at $0.0042 per round turn transaction.

A copy of the Commission's Feb. 27, 2009, order regarding the mid-year fee adjustment for fiscal year 2009 is available at www.sec.gov... As explained more fully in the order, the Commission is required to adjust the Section 31 fee rate based on the estimated dollar volume of securities sales for FY 2009. The Commission consulted with the Congressional Budget Office and the Office of Management and Budget regarding the calculation of the mid-year adjustment, as required by Section 31(j)(2) of the Act. The Commission's calculation methodology is described in the order.

Section 31(k) of the Act requires the Commission to continue to collect transaction fees at the previous year's rate until 30 days after the date of enactment of the Commission's regular appropriation for FY 2009. The Commission will publish the effective date of the new rate announced today once the Commission's regular appropriation for FY 2009 is enacted.

The Office of Interpretation and Guidance in the Commission's Division of Trading and Markets is also available for questions on Section 31 fees at (202) 551-5777, or by e-mail at [email protected].

The Commission will announce the FY 2010 rates for fees paid under Section 6(b) of the Securities Act of 1933 and Sections 13(e), 14(g), and 31 of the Securities Exchange Act of 1934 no later than April 30, 2009. Those rates will become effective on Oct. 1, 2009, or after the date of enactment of the Commission's regular appropriation for FY 2010, whichever comes later.

source

hattip to TBear for this wonderful summary

Guys, YOU need to take this issue VERY seriously.

Just do the math.

Add 1/2% to every trade in terms of cost, or less profit. Think about it from a market makers perspective: Instead of offering a penny spread in the market, the dealer will have to offer at a price which allows him to pay TWO taxes on every round trip. We're very quickly back to the world of eigth's and quater's..... You will not be able to buy things at a penny spread and then, if you are wrong, get out for a few cents. You're hooked on bad longs; and need to have an extended run to make money on 'good' longs. Ditto for shorts!

If you are a day trader, or even a swing trader, you are out of business with this new tax plan!

There is some stories coming out about China buying up huge stakes in companies all over the world and doing hostile take overs on others.There is a few lines in the news here and there...found a couple on rueters this am.

reply to post by redhatty
WOW +~400% increase...

Being as buy & hold is underfire right now and day traders are *bearly* holding the market up...this won't be very helpful...

Wonder how long it will take for this to get out to the masses...

reply to post by xoxo stacie
I've been following that trend for awhile now...I think they're hedging on resources, for leverage over plunging/crashing currencys...smart for them...bad for the rest of us...

Originally posted by Hx3_1963
reply to post by redhatty

 

WOW +~400% increase...

Being as buy & hold is underfire right now and day traders are *bearly* holding the market up...this won't be very helpful...

Wonder how long it will take for this to get out to the masses...

Sometimes, I wonder if the Administration is trying to get to rock-bottom as soon as possible, so that they can claim that things have been "improving" during the next election. If they think we're inevitably getting there anyway, sooner is better than later, from a political standpoint.

Dow Jones Industrial Average 6,824.54 1:08pm ET 98.52 (1.46%)
S&P 500 INDEX,RTH 706.32 1:08pm ET 9.99 (1.43%)

looks like we're slipping now...hhhmmm

Gold $907.48
Dollar still declining
10 Yr Yield 3.02%

[edit on 3/4/2009 by Hx3_1963]

reply to post by Hx3_1963


reuters edited it out of the update I can't find it now. They weren't talking resources, they where talking actually taking over companies via stock buy up control.

to add:
going to go and see if I can find another article that has the buy up information in it.


GOT IT:

news.yahoo.com...

China hunts for Europe takeovers as stocks jump

LONDON (AFP) – Chinese businesses hunted for takeover targets in Europe and bargain hunters pushed up flagging stock markets on Wednesday, as the economic crisis dealt more heavy blows to firms and nations in the West.
skip some dribble;;;;;

Chinese state media meanwhile reported that a high-level business delegation will visit Europe this weekend to look for companies to buy up after a visit last month netted more than 13 billion dollars (10.4 billion euros) in deals.
[edit on 4-3-2009 by xoxo stacie]

[edit on 4-3-2009 by xoxo stacie]

[edit on 4-3-2009 by xoxo stacie]