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

reply to post by Vitchilo


It is worthless because it doesn't address the issue of How the money is going to be pay back when most of the nations involved lack fiscal responsibility to begin with, and the debt of the nations involved is just getting bigger and bigger.

Once investors realized that is not means for the loans to be pay back the euphoria ebbs.

Then is another question to be answered, where does the bailout money will end, which rats will be benefiting

Did a Big Bet Help Trigger 'Black Swan' Stock Swoon?
online.wsj.com...

Shortly after 2:15 p.m. Eastern time last Thursday, hedge fund Universa Investments LP placed a big bet in the Chicago options trading pits that stocks would continue their sharp declines.

On any other day, this $7.5 million trade for 50,000 options contracts might have briefly hurt stock prices, though not caused much of a ripple. But coming on a day when all varieties of financial markets were deeply unsettled, the trade may have played a key role in the stock-market collapse just 20 minutes later.

The trade by Universa, a hedge fund advised by Nassim Taleb, author of "Black Swan: The Impact of the Highly Improbable," led traders on the other side of the transaction—including Barclays Capital, the brokerage arm of British bank Barclays PLC—to do their own selling to offset some of the risk, according to traders in Chicago.

Then, as the market fell, those declines are likely to have forced even more "hedging" sales, creating a tsunami of pressure that spread to nearly all parts of the market.

S&P downgraded Spain’s long-term credit rating on April 28 to AA with a negative outlook, due, in part, to its government debts totaling 59.2 percent of GDP. In contrast, the United States government and its agencies have total debts equal to 94.7 percent of GDP, or nearly 60 percent more than Spain’s.
S&P downgraded Portugal’s long-term credit rating on April 27 by two notches, from A+ to A-, citing the risk of a further downgrade should fiscal consolidation fall short of expectations or should concerns over government liquidity mount. However, in proportion to its economy, Portugal’s current federal deficit is actually smaller than ours — 8.3 percent of GDP compared to the U.S. deficit at 10.6 percent of GDP.
Greece, at the heart of the crisis, has been downgraded by all three rating agencies. But even compared to Greece, America’s deficit/GDP level is only slightly less bad — 10.6 percent in the U.S. vs. 12.2 percent in Greece.

www.marketoracle.co.uk...

As he states in this article, these countries have the current advantage of being 'bailed out'. The US has no such advantage since there is no one large enough to bail them out.

reply to post by HimWhoHathAnEar


Yep this is proof that the ratings agencies are controlled. If they were not, the US and the UK would have been downgraded a long time ago.

The ratings agencies are working for the elite so they act when they are ordered to, to maximize the crushing effect.

Another Mafia Update!
This time its the IMF

www.reuters.com...

UPDATE 1-IMF role in eurozone crisis resolved - Lipsky

He repeated the IMF was not currently in aid talk with Portugal, Spain or any other euro zone country on possible bailouts.

Looks like it failed

looks like this was only made just to keep the greece rich people happy until the spain and portugal have there own riots this june or july.
[edit on 10-5-2010 by Agent_USA_Supporter]

[edit on 10-5-2010 by Agent_USA_Supporter]

This is hilarious, don't think anyone has posted this yet..

GOLDMAN SACHS WAS PROFITABLE EVERY SINGLE DAY LAST QTR, NO TRADING LOSSES AT END OF DAY?

LOL

www.bloomberg.com...

I mean if they are trying to throw people off they really aren't doing a great job

reply to post by Hx3_1963


50,000 contracts I suppose is believable, rather than the 1.x million that is impossible haha

Looks like we know who the paper seller was at least now

reply to post by Agent_USA_Supporter


Ye can't say the IMF is in talks with anyone but Greece because, well, that's admitting other countries are close to defaults lol.

reply to post by GreenBicMan


God.. those bastards, Ohh the things I'd do to some of those people.. I'd say we go French Style, toss em out their high-rise windows head first.

reply to post by Rockpuck


But first we steal their software. Then commence the ritual brought forth by Marg, HX, and yourself. I am sure there would be a RedHatty showing at that fiesta as well.

BWAHAHAHAHAHHAHA

ALL MARKETS ARE DOWN IN ASIA! -1%/-2%!



TAKE THAT YOU KEYNESIANS NUTS! SCREW THE BAILOUTS!

Time to inject ONE TRILLION EURO EVERY TWO DAYS to keep the markets up!

[edit on 11-5-2010 by Vitchilo]

Guess what everybody!

The Euro has hit free fall Again

online.wsj.com...

Europe is down too.
I guess something went wrong?

Ahhh the smell of Napalm in the the Morning!

FTSE lower as rescue plan enthusiasm fades
www.reuters.com...

LONDON, May 11 (Reuters) - Britain's top share index was lower around midday on Tuesday as enthusiasm over the euro zone's $1 trillion rescue package wore off, and with lingering political uncertainty weighing on sentiment.

By 1128 GMT, the FTSE 100 .FTSE index was down 92.18 points, or 1.7 percent, at 5,295.24, pulling back after a 5.2 percent leap on Monday -- its biggest one-day percentage gain in almost 18 months.

Banks, which saw stellar gains on Monday, retreated, taking the most points off the blue chips. Barclays (BARC.L), HSBC (HSBA.L), Lloyds Banking Group (LLOY.L) and Standard Chartered (STAN.L) shed 2.7 to 4 percent.

Gold hit 1218.69...

DJIA Fair Value Futures -85.14
www.cnbc.com...

EUR Hit a low of 1.2666
EUR Chart

www.indexq.org...
Russia 1419.31 49.40 3.61% 15:57
London 5309.88 -77.54 -1.44% 12:42
Paris 3649.90 -70.39 -1.89% 13:42
Frankfurt 5960.84 -57.07 -0.95% 13:42
Turkey 55866.94 -581.06 -1.03% 14:56
Hungary 23164.86 -672.14 -2.82% 13:41
Austria 2485.64 -36.50 -1.45% 13:42
Poland 41464.13 -330.22 -0.79% 13:41
Czech 1207.30 -25.50 -2.07% 13:41
Sweden 989.18 -16.16 -1.61% 13:56
Finland 6584.93 -141.24 -2.10% 14:56
Norway 333.76 -4.70 -1.39% 13:42
Greece 1738.55 -40.75 -2.29% 14:41
Italy 21156.16 -391.16 -1.81% 13:42
Luxembourg 1433.50 -19.07 -1.31% 13:32
Netherlands 330.31 -4.93 -1.47% 13:42
Iceland 576.29 0.53 0.09% 12:07
Denmark 393.24 -1.49 -0.38% 13:57
Switzerland 6455.04 -26.91 -0.41% 13:42
Spain 1019.02 -52.55 -4.90% 13:40
Portugal 2574.92 247.62 10.64% 05/10
Ireland 3139.90 -77.37 -2.40% 12:42
Israel 1151.97 -13.09 -1.12% 13:37
Egypt 627.62 -11.30 -1.77% 13:30
S. Africa 24435.54 -242.65 -0.98% 13:42
Jordan 2518.87 0.22 0.01% 13:59
UAE Dubai 1706.58 -34.03 -1.96% 13:59
Abu Dhabi 2788.48 -6.36 -0.23% 13:53

[edit on 5/11/2010 by Hx3_1963]

[edit on 5/11/2010 by Hx3_1963]

Good morning my friends, you are all the best group of ATS members ever I look forward everyday to this forum for its great post.

How bad are the global Market and the incoming default nations? well when 1 trillion bailout is still making the Euro and the Markets unstable that should be a sign of things to come. . .

Then again, does anybody knows exactly how much is going to take to bailout the entire world?.

Exactly how much money is in the red right now?

Still nobody is talking about what China is doing, China is protecting their own and becoming more protectionist than ever, they are doing preparations for an incoming downfall and making sure that they come out on top with the least loses.

Then again Is the US and the Euro with Canada trailing the leaders of the NWO?

And is Goldman Sach the mastermind behind the scenes?

Hmmm...

DJIA Fair Value Futures down over 104 now
www.cnbc.com...

I hear yelling in the pits! Let the fist fights begin!

Rick Santellis on and the Talking heads are talking over each other AGAIN!!!

reply to post by Vitchilo


I went back to this post, and I want to say that California is going to get a bailout by the government to keep the union workers in their jobs at the expenses of tax payer, I even made a thread on the issue.

Yes is a bill in congress to bailout California high pay jobs recipients, from 100 thousand to 200 thousand earners, Mr. Obama owed this to them and Union workers were one of the sectors that help his campaign.

Latest Jobs Bill: Help for Unions, Government Employees, and More, the Local Jobs for America Act, H.R. 4812.


[edit on 11-5-2010 by marg6043]

Gold over 1222 now...

finviz.com...

Silver over 19 also...

finviz.com...

reply to post by Agent_USA_Supporter


Well the problems with Portugal and Greece are worst, as Moody said that his agency can still downgrade those countries to junk.

Moody's Investors Service on Monday said it may still downgrade Portugal, and Greece's rating could fall to as low as junk.

Like another poster said, you know who are in charge here when the real nations than created the global economic crisis are untouched by down gradings.



And they are still creating junk derivatives and debt to be sold.

Easy come...easy go...

Gold hit 1123...Silver hit 19.12

Russia 1411.55 41.64 3.04% 17:16
London 5264.78 -122.64 -2.28% 14:02
Paris 3632.75 -87.54 -2.35% 15:02
Frankfurt 5939.96 -77.95 -1.29% 15:02
Turkey 55859.79 -588.21 -1.04% 16:16
Hungary 23009.15 -827.85 -3.47% 15:01
Austria 2471.96 -50.18 -1.99% 15:02
Poland 41452.89 -341.46 -0.82% 15:01
Czech 1202.50 -30.30 -2.46% 15:01
Sweden 988.28 -17.06 -1.70% 15:17
Finland 6585.25 -140.93 -2.10% 16:16
Norway 330.73 -7.73 -2.28% 15:02
Greece 1736.78 -42.52 -2.39% 16:01
Italy 20976.91 -570.41 -2.65% 15:02
Luxembourg 1440.67 -11.90 -0.82% 15:15
Netherlands 328.23 -7.01 -2.09% 15:02
Iceland 577.49 1.73 0.30% 13:56
Denmark 392.37 -2.35 -0.60% 15:17
Switzerland 6435.18 -46.77 -0.72% 15:02
Spain 1006.85 -64.72 -6.04% 15:00
Portugal 2574.92 247.62 10.64% 05/10
Ireland 3160.57 -56.70 -1.76% 14:02
Israel 1145.38 -19.68 -1.69% 14:57
Egypt 627.62 -11.30 -1.77% 13:30
S. Africa 24471.68 -206.51 -0.84% 15:02
Jordan 2518.87 0.22 0.01% 13:59
UAE Dubai 1706.58 -34.03 -1.96% 13:59
Abu Dhabi 2788.48 -6.36 -0.23% 13:53

As I Warned Yesterday, It Appears the Market Is Calling the Europeans Bluff – It’s Now Put Up Or Get Put Down
www.zerohedge.com...

Yesterday I commented on the folly of promising big money to throw at a myriad variety of highly indebted nation without a central authority to enforce the structural change needed to actually cure the problems that created the need for the monies in the first place. See The EU Has Set Up An Oppurtunistic Entry Point for Shorts Instead of Expressly Offering a Solution to the Pan-European Sovereign Debt Crisis! and What We Know About the Pan European Bailout Thus Far. The primary flaw, by far, that I perceive in this most grand of grand bailout schemes is that it is just that – a bailout, not a solution. Methinks the market is about to call the EU on their bluff pretty much along the same lines that I espoused above. For those subscribers who follow my belief that the ECB and EU leaders are making one of the largest policy blunders of modern times, this may be an opportunity to set up a short position that makes the Lehman Brothers’ debacle look like a day rally. All subscribers are welcome to download our latest File Icon Euro Bank Sovereign Debt Exposure Preview. A more verbose summary will be released for pro and institutional subscribers shortly. Reference the following articles in this early morning edition of Bloomberg:

[edit on 5/11/2010 by Hx3_1963]

The EU is now doubtful of how their rescue package will bring any help to failing economies.

While it sure boost the Markets now that the Euphoria is gone, the EU is coming to the realization that many of the trouble nations debt are too big to be help in the long run.

In other words the debts are too big for what the EU rescue plan has in mind.

So many of this nations will have no means to pay back the loans, and imposing mandatory hardships on the nations citizens could back fired. . .

The only thing that the 1 trillion bailout package did was to boost the Markets for one day. . .