Thin volume today.......nothing makes sense at all.
My gut tells me that there is soon (within next 2 months) going to be a huge gap up open on SP 500, then the big money boys are going to sell to the little retail guys and send the averages plummeting for a few months.
Thin volume today.......nothing makes sense at all.
My gut tells me that there is soon (within next 2 months) going to be a huge gap up open on SP 500, then the big money boys are going to sell to the little retail guys and send the averages plummeting for a few months.
Am looking for a stronger dollar over the near term (3-6 mos) that will put a ceiling on PMs and oils.
Got to think, WSC, that the big boys are getting ready to dump shares for a while-----but they need the retail little guys to jump on board before doing so......that, to me, is the big picture strategy.
Am looking for a stronger dollar over the near term (3-6 mos) that will put a ceiling on PMs and oils.
Got to think, WSC, that the big boys are getting ready to dump shares for a while-----but they need the retail little guys to jump on board before doing so......that, to me, is the big picture strategy.
See the reports from General Mills (GIS) and Conagra (CAG)? Looks to me like something like your favorite company Sysco (SYY) will outperform the SP the next 6 months.
WSC-
See the reports from General Mills (GIS) and Conagra (CAG)? Looks to me like something like your favorite company Sysco (SYY) will outperform the SP the next 6 months.
See the reports from General Mills (GIS) and Conagra (CAG)? Looks to me like something like your favorite company Sysco (SYY) will outperform the SP the next 6 months.
SYY
Interesting high volume dump, I dont think it means a trend change though.
Quote Originally Posted by claycourtlesson:
WSC-
See the reports from General Mills (GIS) and Conagra (CAG)? Looks to me like something like your favorite company Sysco (SYY) will outperform the SP the next 6 months.
SYY
Interesting high volume dump, I dont think it means a trend change though.
this could be the start of some serious market correction.
could be BUT we have seen this one or two day "fast and nasty" since July only for most financial and gaming stocks go higher. all the economic fundamentals should point to lower BUT the market just hasn't CARED.
I would like to see a pounding in October BUT I sure wouldn't BET it. STILL a lot of money sitting and looking for an entry point.
this could be the start of some serious market correction.
could be BUT we have seen this one or two day "fast and nasty" since July only for most financial and gaming stocks go higher. all the economic fundamentals should point to lower BUT the market just hasn't CARED.
I would like to see a pounding in October BUT I sure wouldn't BET it. STILL a lot of money sitting and looking for an entry point.
well wallstreet you know i believe that we are retracing Japans footsteps
link
S&P 500 - 1400 by Dec 2010
i don't play the stock casino but i read a bunch of articles pertaining to it, and found this one interesting. Also, you guys say that the "stock market looks ahead 6 mos. +", and since the market is priced in USD's, is the market just pricing in further dollar devaluation,,,,,stocks are getting more and more expensive to buy with your USD's as they become less and less valuable?
well wallstreet you know i believe that we are retracing Japans footsteps
link
S&P 500 - 1400 by Dec 2010
i don't play the stock casino but i read a bunch of articles pertaining to it, and found this one interesting. Also, you guys say that the "stock market looks ahead 6 mos. +", and since the market is priced in USD's, is the market just pricing in further dollar devaluation,,,,,stocks are getting more and more expensive to buy with your USD's as they become less and less valuable?
I guess it depends on where you think the FED and the UST are going, not where they have been for the last year.
The more I read, the more I think the printing will slow, thus the USD should IMPROVE, which kind of puts a damper on your theory.
Also..keep in mind that until the FED raises rates, the USD is seem as a lower beta, lower risk currency..meaning the yield is low and traders wont buy the USD looking for a yield swap versus other currencies, in fact they short the USD looking to catch yield with another currency like the AUD.
More important than the FED printing is the correlation between the USD and the US stock market, the market has been on a tear the whole summer and the inverse correlation is that the USD has been down. I think it has been down more (the USD) because money is chasing the market and not going to the USD as it is a safe haven during bear markets..so if the market comes in going forward, the USD will go UP versus other higher risk currencies.
The issue is complex and your comments are too broad, making single sided conclusions based single sided assumptions.
I guess it depends on where you think the FED and the UST are going, not where they have been for the last year.
The more I read, the more I think the printing will slow, thus the USD should IMPROVE, which kind of puts a damper on your theory.
Also..keep in mind that until the FED raises rates, the USD is seem as a lower beta, lower risk currency..meaning the yield is low and traders wont buy the USD looking for a yield swap versus other currencies, in fact they short the USD looking to catch yield with another currency like the AUD.
More important than the FED printing is the correlation between the USD and the US stock market, the market has been on a tear the whole summer and the inverse correlation is that the USD has been down. I think it has been down more (the USD) because money is chasing the market and not going to the USD as it is a safe haven during bear markets..so if the market comes in going forward, the USD will go UP versus other higher risk currencies.
The issue is complex and your comments are too broad, making single sided conclusions based single sided assumptions.
Also..keep in mind that until the FED raises rates,
i know you said you 'don't read links much if ever' but, i'll still post them at you
click
The issue is complex and your comments are too broad, making single sided conclusions based single sided assumptions.
yeah, sorry for that, i'm certain it's way too complex for me to understand and all. I thought it was a pretty simple question about valuations for anything USD denominated, that if the USD is worth less, prices of anything USD denominated would go up, but i do understand that it's not an A vs B relationship and that cheaper USD could effect something else along the chain that wouldn't necessarily correlate to across the board simple assumption of (USD/2) equating to (price of everythingx2)
Also..keep in mind that until the FED raises rates,
i know you said you 'don't read links much if ever' but, i'll still post them at you
click
The issue is complex and your comments are too broad, making single sided conclusions based single sided assumptions.
yeah, sorry for that, i'm certain it's way too complex for me to understand and all. I thought it was a pretty simple question about valuations for anything USD denominated, that if the USD is worth less, prices of anything USD denominated would go up, but i do understand that it's not an A vs B relationship and that cheaper USD could effect something else along the chain that wouldn't necessarily correlate to across the board simple assumption of (USD/2) equating to (price of everythingx2)
I meant the author is drawing conclusions about the current state of the USD and not considering WHY the USD is where it is.
The FED and the UST get all the blame for the USD when in reality they are a PART of the whole picture, but not the only factor in how the USD trades.
Today for instance, did you notice the USD was up versus most other currencies? Was that because the FED wasnt printing? No, it was because the correlation between the USD and the USM (markets) has been in play for a very long time.
Markets UP, USD down, markets down, USD up.
If/when the FED increases rates you will see a massive run to the USD, I mean massive. Until the FED signals they are done holding rates low, the USD will be depressed, but I think the actual "printing" does not play that great of a role since the purpose for printing is short term, it has an end and the liquidity can and will be absorbed, which will psychologically make the USD go higher, once that key word comes from the FED...RAISE rates.
Hope that made sense.
be easy,
I meant the author is drawing conclusions about the current state of the USD and not considering WHY the USD is where it is.
The FED and the UST get all the blame for the USD when in reality they are a PART of the whole picture, but not the only factor in how the USD trades.
Today for instance, did you notice the USD was up versus most other currencies? Was that because the FED wasnt printing? No, it was because the correlation between the USD and the USM (markets) has been in play for a very long time.
Markets UP, USD down, markets down, USD up.
If/when the FED increases rates you will see a massive run to the USD, I mean massive. Until the FED signals they are done holding rates low, the USD will be depressed, but I think the actual "printing" does not play that great of a role since the purpose for printing is short term, it has an end and the liquidity can and will be absorbed, which will psychologically make the USD go higher, once that key word comes from the FED...RAISE rates.
I know the TV yappers blab a lot about this, but it is true at end of current quarters.
END OF QUARTER WINDOW DRESSING
For those that don't know, that is the time when quarterly reports come out for investors; therefore, money managers "dress up" their portfolios with the latest hot ticker symbols.
The bottom line is that this is just another time for the big money players to ride the train and bomb those in short positions.
I'd look for the shorts to get roiled again early through the first part of next week.
I DO NOT believe that right now is the time to start heavy shorting the SP 500-----if you do, you're going up against unlimited ammo fired at you by the meanest and greediest bastards the world over. This trade only wins over the next few days if something cataclysmic on the geo-political scene occurs.
Have a great weekend, everyone, and may the football gambling gods be kind to you.
I know the TV yappers blab a lot about this, but it is true at end of current quarters.
END OF QUARTER WINDOW DRESSING
For those that don't know, that is the time when quarterly reports come out for investors; therefore, money managers "dress up" their portfolios with the latest hot ticker symbols.
The bottom line is that this is just another time for the big money players to ride the train and bomb those in short positions.
I'd look for the shorts to get roiled again early through the first part of next week.
I DO NOT believe that right now is the time to start heavy shorting the SP 500-----if you do, you're going up against unlimited ammo fired at you by the meanest and greediest bastards the world over. This trade only wins over the next few days if something cataclysmic on the geo-political scene occurs.
Have a great weekend, everyone, and may the football gambling gods be kind to you.
WSC: When do you estimate the Fed will actually raise rates? This economy has not recovered and will still have double digit unemployment right up until the off year elections take place, or so I suspect. I hope I am wrong of course, and that the recession is over, but I see no signs of it:far from it.
So exactly when do you see Ben and the boys having the stones to take away the punch bowl?
WSC: When do you estimate the Fed will actually raise rates? This economy has not recovered and will still have double digit unemployment right up until the off year elections take place, or so I suspect. I hope I am wrong of course, and that the recession is over, but I see no signs of it:far from it.
So exactly when do you see Ben and the boys having the stones to take away the punch bowl?
Well the view has been middle to late next year, which makes sense. If the "recovery" keeps going and the market passes 10k I think the FED will take action. If we double dip and the market get smacked, then it will be delayed.
What is your opinion?
Well the view has been middle to late next year, which makes sense. If the "recovery" keeps going and the market passes 10k I think the FED will take action. If we double dip and the market get smacked, then it will be delayed.
I think it is going to be delayed in that I do not see a real recovery,and Rahnm is too smart to let a disaster occur in the mid term elections...and it would be a disaster if they have nor seriously dented the employment problem by say June or July of next year.
I think it is going to be delayed in that I do not see a real recovery,and Rahnm is too smart to let a disaster occur in the mid term elections...and it would be a disaster if they have nor seriously dented the employment problem by say June or July of next year.
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