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

Wow did you guys hear that sound? It's the freaking dollar falling through the floor.

I hope you good people fiddled instead of faddled on that one.

reply to post by silent thunder


Did you here the sound after that? It was the sound of the ppt pumping it back up again.

Originally posted by SpaceMonkeys
reply to post by silent thunder

 

Did you here the sound after that? It was the sound of the ppt pumping it back up again.

It's been farten around between 73 and 76 for months, It can't stay there for ever. When it drops under 73 hang on...

Dollar Index

Looks like the market is finally reacting to the reality of our countries economic conditions. Finally! Just heard trading customers are in a mass de-risk mode. Nice terminology, sounds to me like the customers are in a sell now before we lose it all mode.

reply to post by SunnyDee


I'll say DOW down 2.75% on the day at end bell. Maybe they prop it up, popcorn time for the rest of the week and on??

Dow 11,630.79 -265.65 -2.23%
Nasdaq 2,620.43 -72.64 -2.70%
S&P500 1,229.53 -30.81 -2.44%
FTSE 5,413.86 -170.65 -3.06%
DAX 6,416.31 -224.28 -3.38%
TSX 12,501.97 -314.06 -2.45%

Its all adding up to QE3, like so many have predicted. Its a race to the bottom

It's bloodbath time. Welcome back to 2008 folks.

This is no double dip, cos' it's not a W, it's an L with fat feet.

dow dropped 500 and still dropping. if anyone was reading ats for the past couple months should be making alot of money today.

The Dow closed at 11,383.68 Down 512.76 (4.31%) but it's running overtime with late trades.
wonder if that is arbitrary or has a hidden meaning like 666 supposedly represented Nero Caesar

LOl they need more justification for QE 3

i see this as great buying opportunity or hope lol

stocks/ pension fund etc is pretty much national securityissue to keep propped up so they should find a way or try

the "free market" died and never really was

reply to post by Bordon81


Many firms have safeties set at around 1200-1250 on S&P. I imagine this is not going to be a good day tomorrow as well.

Tomorrows unemployment figures will be "better than expected".

Wow.. I woke up late, nursing a hang over and open my laptop and nearly spit my coffee out!

reply to post by SpaceMonkeys


I don't think so.. there have been some large rounds of job cuts recently. I think, perhaps it will be better than expected, but it would eventually be "revised" much lower. I still can't see them fudging numbers to show nearly 80k jobs produced when there is a deficit.

reply to post by cpdaman


My thoughts exactly.

Originally posted by SpaceMonkeys
Tomorrows unemployment figures will be "better than expected".

I doubt it very much.

Anyway. Latest debt numbers :

Debt for fiscal year starting October 1 2010 till August 3 2011 : 963.76 billion or 3.15 billion/day
Debt for calendar year 2011 till August 3 : 576.68 billion. 2.68 billion/day
Current debt as of August 3 : 14.576 trillion
Current debt ceiling : 14.694 trillion (first phase) 15.194 trillion (second phase) 16.694 trillion (final phase)

At the current average rate of 2.915 billion in new debt/day (or about 9.40$ in new debt per day for every citizen in America...and that is just federal) it will take about 40 days before reaching the first phase of the debt ceiling hike, aka September 12 or so.

Anyway trying to find reasons why the markets have been going down these days is kind of a waste of time... since the markets are manipulated... and have been heavily since at least 2007.

Asian Futures are down,

NIKKEI 225 9,420.00 -250.00
HANG SENG 21,705.00 -234.00
SPI 200 4,085.00 -157.00

Europe following suite.

If the US Jobs report is negative tomorrow expect another bloodbath.
I also wonder if the the US issueing 268 billion in debt in one day had any effect on the markets. Clearly a LOT of cash moved from the markets and into Treasuries...

Originally posted by Rockpuck
I also wonder if the the US issueing 268 billion in debt in one day had any effect on the markets.

IMO markets plunged because of a few news items that broke today :

- Geithner not going anywhere
- Italy being bankrupt
- Spain being bankrupt


And of course all those news dumped the markets, triggering computers to sell... sending it lower...

reply to post by Vitchilo


Yes, I agree, I was simply speculating the ironic timing of a major plays causing the World's markets to come tumbling down and a massive treasury auction that the Fed didn't even need to prop up this time around.

www.marketwatch.com...

in a better-than-expected report that might provide temporary calm to jittery financial markets.

lmao what did I say?

whether this sorry excuse for a report calms the markets is another matter though.

reply to post by SpaceMonkeys


it did until it didn't

lets see where she goes from here

up 130 then down -42 .

spain and italy bankrupt

USA sputtering. EITHER WE GET A crash to create the political capital for QE 3 or we have a waiting game for core inflation to go down so fed can issue QE 3 .

IF THE FED WAS SMART they would and WALL STREET would agree.......THEY NEED MORE QE 3 ...but they need the money to go into stocks and NOT commodity's. They need to unwind the commodity futures modernization act but i'm not sure how much clould pension funds have politically but pension funds have been cashing in on LEGAL speculation into commodity's. so it's a bit ironic that what goldman and barclays fought for (commodity futures modernization) and way for pensions money managers to start treating commodity's like a viable asset class that is "prudent" to allot 5% to.......(which sends prices soaring as the demand generated by pension fund allocation moves overwhelms the relatively small market and it's effect on AGR prices and oil well is history) it is the reason why a 5% net supply disruption results in a 60% move in AGR prices instead of say 15% ......takes some critical thinking to see thru the fog but this is the crux of the matter and in fact now IRONICALLY this food and oil inflation helps tie the feds hands from doing what the big banks actually want MORE QE LOL

Originally posted by SpaceMonkeys
Tomorrows unemployment figures will be "better than expected".

According to usdebtclock the unemployment rate is 21.58%.

That's the highest I recall seeing it over the last couple of years.