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

I think at the moment all bets are off, anything can happen. There's just too many factors to this to be able to predict anything. I think it's a good idea to be prepared but at the same time don't go round like Gerald Celente does and saying everythings gona collapse because this game is rigged so it won't collapse if they don't want it to, so chances are you will end up looking like a fool. It could literally go either way so only time will tell and by the looks of it the markets will keep on marching up for a while at least. So watch this space because if it does collapse, it will probably be when people are least expecting it.

The markets don't matter. Zimbabwe stock market is up in the millions of points because of extreme hyperinflation... all of it is worthless.

The elite controls a lot of things, but once in a while, the laws of nature overcome them.

This could be the moment. Since 70%+ of Americans believe the system could collapse, well this is something the elite can't control... because of internet, people think more and more independently.

We can't predict dates, but we can predicts events that will happen...

[edit on 2-4-2010 by Vitchilo]

Nothing in this world happens in linear fashion. Some call it "dialectics" but in truth, things rot in all directions. You can fix your attention to the Big Market Show if you wish and feel good about its upward movement - but that is only your emotional conditioning taking over in the times of crisis.

The truth is, there are those who still have their jobs, and they don't feel it is so bad yet, while those who have lost jobs and can't find (an adequate) one feel on the verge of an abyss. And the abyss is the very opposition between them and the first ones.

This opposition is the animosity which is tearing through the whole system in all directions. Animosity between the wealthy ones and the poor ones, the healthy ones and the sick ones. These differences produce the system, the positioning of the people against each other.

The economy as it used to be (appeared to be) is no more. Mass migrations are on the way for some time already. The main action of the system right now is a translation of "equality in civil rights", from the Revolution times, into "equality in health care", for the new age of barbarism. That doesn't mean "all are entitled to have a job". On the contrary, it is a confirmation that there are no jobs for all and the Market is now separated from the economy, it is simply the League of the Elites - a side show still confusing and exciting the slaves in awe. Market is forbidden to show the precariousness of the situation. It only contributes to the grand picture produced in the public media, an intended projection meant to paralyze the victims of derailment.

"Faith in healing liberates"!

While Mexico is falling apart, and cancer spreads into the States in the south, many industrial cities in the north are being halved in their population - this does indicate migration(s) - but where are they? They miss from the mass media projection. Still, we know they are under way.

Ignoring the problem is not going to solve it. Those who have created it have already left the sinking ship. They are not tied by patriotism. They are waving with Constitution as with some red cloth, drawing attention of the bull. The elites are in diaspora, god knows where - Dubai? Is there really a safe place left in this world?

The world has shrunk. Communications are being tightened up, air traffic is going down. You don't believe this is going to be resolved by more security? Security is there to control the migrations. Because this kind of migration is no more simply "business or pleasure". The steam has run out. The motivation to move is different now.

Like in the (smiling) Clooney film, the interview now happens just before one loses the job, and there are no more interviews in order to get one.

Celente most certainly understands what is happening, since he is capable to look "beyond the horizon".

Who's afraid? The US is afraid.

The US Treasury is delaying by several months a report on whether China manipulates its currency, the yuan.

Hahahahha.

So how do you spin an increase in the price of oil as good news?-

Oil prices have risen amid growing optimism that improved US job creation will boost economic recovery and lead to higher demand for crude...

Source

Don't know whether to laugh or cry.

Why aren't I optimistic? Why can't I see improved job creation? Why can't I see the coming boost in economic recovery? Why can't I see higher demand for crude (-unless there's another conflict on the horizon-)?

Am I missing something? Like evidence...

reply to post by pause4thought


I've noticed only in the past decade has higher oil been seen as a good thing. It might be good for oil companies.. but it certainly makes me angry. Every other recession, oil prices were never considered.. because consumption simply does not (and cannot) fall and rise so dramatically as we see the prices.

The issues with oil is probably the most bold face lie economist tell today.

Why is the price of oil rising?
Is there an increased demand?
Or is it monopoly wars?

reply to post by DangerDeath


Peak oil. It started back around 2005. The price increased until the global depression took hold. Now it's rising again because reserves/output continues to decline, and some people have bought into a false sense of security arising from the notion of a recovery. Supply and demand. Don't expect it to fall anytime soon, until the economies crash hard again.

[edit on 5-4-2010 by unityemissions]

reply to post by unityemissions


Wrong.

The price of oil is rising because the US Dollar is depreciating.

Peak oil is a myth.

reply to post by Rockpuck


Peak oil is not a myth

This shows to 2008. Notice that we peaked in 2005.

Oil Production by Year

World oil production growth trends were flat from 2005 to 2008. According to a January 2007 International Energy Agency report, global supply (which includes biofuels, non-crude sources of petroleum, and use of strategic oil reserves, in addition to crude production) averaged 85.24 million barrels per day (13.552×10^6 m3/d) in 2006, up 0.76 million barrels per day (121×10^3 m3/d) (0.9%), from 2005.[80] Average yearly gains in global supply from 1987 to 2005 were 1.2 million barrels per day (190×10^3 m3/d) (1.7%).[80] In 2008, the IEA drastically increased its prediction of production decline from 3.7% a year to 6.7% a year, based largely on better accounting methods, including actual research of individual oil field production through out the world.

Peak Oil Wiki

However, scientists led by the London-based Oil Depletion Analysis Centre, say that global production of oil is set to peak in the next four years before entering a steepening decline which will have massive consequences for the world economy and the way that we live our lives.

World Oil supplies Set to Run Out Faster than Expected, Warns Scientists




[edit on 5-4-2010 by unityemissions]

Originally posted by DangerDeath
Why is the price of oil rising?
Is there an increased demand?
Or is it monopoly wars?

IMO oil should have been much higher already. The dollar has been gaining (getting stronger) over the past several months which should hurt oil but it has stayed relatively the same to higher.

Expect $95/barrel by the time we hit 1300+ on SP which should be around July IMO. So in reality we are going to range from 7x-9x a barrel for the next year most likely, again IMO.

According to CNN, the DOW is "flirting" with 11,000: money.cnn.com...

reply to post by Hazystars


It will go above 11K, the PPT will make sure of it, traders on my floor are all locking in gains. March '09 buying, 12 months later (long-term vs. short-term taxes). lots of selling going on right now. High speed, computer based churning (Hello, SEC? Do something!!!) in a few select companies will rachet every index up.

11K is a huge psychological number, IMO, overpowering any technical trends or pattern (no disrespect GBM). This will keep the masses happy while congress is on vacation and 100's of thousands run out of money.

When it comes to money, financial planning, investing, etc.. people aren't sheep, they are stupid. I should stop now, I am getting all worked up.

Originally posted by Rockpuck
reply to post by unityemissions

 

Wrong.

The price of oil is rising because the US Dollar is depreciating.

Peak oil is a myth.

I thought so. It's inflation, like the numbers growing on the market.
But, dollar and Wall Street affect most of the world, so it is kind of "invisible", because the whole world is sinking. You can't use dollar-euro relation, for instance, to figure out that one of them is devaluing, because they're all devaluing...

It costs money to find oil, and it's costing alot more to extract it. When the price drops too low it interupts these processes. Would we rather have a consistently higher oil price or supply disruptions?

That's the problem with all this market manipulation, it thwarts price discovery and sets us up for potentially catastrophic events. When they do actually run us out of 'something', doesn't really matter what, then I think it could lead to a chain reaction which will unmask alot of the paper manipulation that's going on. Unfortunately, it ain't gonna be pretty.

reply to post by HimWhoHathAnEar


Society is exactly the mechanism which prevents to fight against organized crime. Organized crime has created society in order to render people without the ability to react in an synchronized way, even if there is a full disclosure about the fraud. Criminals will simply step up their oppression and manipulate the media and distract attention to something else.

Have you noticed that Falklands are again becoming important? Behind those islands, they say, are 1/4 of worlds oil reserves (Antarctica).

And again the ~Greece Fire~ re-starts... ...kinda like those trick B-Day Candles...

Greece 2046.50 -48.52 -2.32% 15:42
Greece 2044.89 -50.13 -2.39% 15:46
Greece 2036.45 -58.57 -2.80% 16:06
Greece 2034.97 -60.05 -2.87% 16:11
Greece 2033.74 -61.28 -2.92% 16:31

Greek 10 Year Spread To Bunds Surges To Highest Since January 28, Hits 385, +35 Bps
www.zerohedge.com...

Collapse Accelerates: Greek 10 Year Hits New EMU Record, Bund Spread Now Wider On The Day At 405 Bps

EUR is falling again...

A low of 1.3356...

[edit on 4/6/2010 by Hx3_1963]

Study: Calif. Pensions Underfunded By $500 Billion

California's public pension funds are underfunded by as much as $500 billion, according to a Stanford University study that was commissioned by Gov. Arnold Schwarzenegger and released Monday. [...]

"This study reinforces the immediate need to address our staggering pension debt," Schwarzenegger said in a statement. "According to the study, California taxpayers are on the hook for over a half-trillion dollars. That's nearly six times the size of our entire state budget."

ONLY 6 TIMES THE BUDGET! Nothing to worry about!

Bernanke will bail them out! 500 billions, that's peanuts!


Beijing, China (FT) -- China has begun to prepare the ground publicly for a shift in exchange rate policy, days after the US Treasury said it would postpone a decision on whether to name China a "currency manipulator".
Time to panic! Oh noes! No more cheap crap at Wal-Mart! Oh noes! China will be able to buy more US debt! Let the scam continue!

It will be ``good`` for the US on the short term, but after a while, it's gonna be very, very bad since the US will become second place, then third...then who knows.

China will also need to change it's economy... A strong ``chinese dollar`` isn't good for exportation, unless it ain't for exportation... and more for selling to yourself and buying everything around the world...

[edit on 6-4-2010 by Vitchilo]

reply to post by DangerDeath

Have you noticed that Falklands are again becoming important? Behind those islands, they say, are 1/4 of worlds oil reserves (Antarctica).

Good point. The Falklands have their own reserves too.

I believe there are still very substantial reserves in Central Asia too:

The New Great Game

Battle of the Titans: The New Great Game II

____________________________


On another tack:

Futures dip; Bernanke, Treasury auctions eyed

Stocks indexes futures edged lower on Wednesday as investors were cautious ahead of a speech by Federal Reserve Chairman Ben Bernanke and an auction of 10-year Treasury notes amid concerns about rising yields...

Ahhh...finally....

The Traders see the trouble in Greece/Thailand/Kazakhstan...

DJIA -91

EURO 1.3350

www.indexq.org...

30Y T-Bond Yld 47.44 -1.00 -2.06% 14:59
10Y T-Bond Yld 38.63 -1.05 -2.65% 14:59
5Y T-Bond Yld 26.11 -1.02 -3.76% 14:59
3M T-Bill Dscnt 1.60 -0.05 -3.03% 14:59

United States 10874.39 -95.60 -0.87% 15:34
NASDAQ 2424.38 -12.43 -0.51% 15:34
Rus 2000 696.63 -4.85 -0.69% 15:22
S&P 500 1179.44 -10.00 -0.84% 15:22
Gold & Silver 175.74 3.16 1.83% 15:22
PreMetals 360.98 6.15 1.73% 15:30
Gold GOX 205.76 4.12 2.04% 15:18
Gold Bugs 443.73 13.12 3.05% 15:33
AMEX Energy 589.72 -8.01 -1.34% 15:33
NYSE Energy 11501.20 -167.63 -1.44% 15:22
Oil Services 213.08 -3.78 -1.74% 15:23
AMEX Oil 1094.97 -20.48 -1.84% 15:22

Larry Summers steps down?



[edit on 4/7/2010 by Hx3_1963]