MrHanky Posted June 4, 2012 Report Share Posted June 4, 2012 So much good news,must be time to buy! Link to comment Share on other sites More sharing options...
MrHanky Posted June 4, 2012 Author Report Share Posted June 4, 2012 ES rolling back over AH...for the moment.... Down about 5 points from the bell. Link to comment Share on other sites More sharing options...
Bungster Posted June 4, 2012 Report Share Posted June 4, 2012 I'm more confused than a baby in a topless bar... Link to comment Share on other sites More sharing options...
MrHanky Posted June 4, 2012 Author Report Share Posted June 4, 2012 I'm more confused than a baby in a topless bar... ES flopping all over the place every few minutes,and crude pinned to the highs all day and not even blinking. I have no clue either. Link to comment Share on other sites More sharing options...
DrStool Posted June 4, 2012 Report Share Posted June 4, 2012 When does QE twist end? June? The market topped in March so THIS time market topped 3 months ahead of the end of QE. http://www.capitalst...pic=11489&st=90 Looking back at my March post. I ask again..."why would it be different this time?" The difference is...they are front running it even earlier. There's no QE in Twist. Fed balance sheet dead flat since last June. When did LTRO end? Maybe that was when equity topped? Correct. LTRO from what I understand isn't handed out weekly over a period of time like QE but in a big bang. So it's influence dissipates over time. I think the last operation was in February. Also correct. Link to comment Share on other sites More sharing options...
DrStool Posted June 4, 2012 Report Share Posted June 4, 2012 Factory Orders not too hot, not too cold, but not just right Link to comment Share on other sites More sharing options...
DrStool Posted June 4, 2012 Report Share Posted June 4, 2012 Browse Wall Street Examiner Exclusives Factory Orders not too hot, not too cold, but not just right Exclusive Wall Street Examiner Economic Chart Blitz The Central Banks Will Save You! – and other Hooks to Avoid Tour De Farce of The Real Employment Charts Uranium As An Investment Theme- Is now a good time? RSS Feed Read 'em and weep Premium Services for Investors and Traders The Wall Street Examiner Professional Edition- Stay ahead of the herd.Try the Wall Street Examiner Professional Edition risk free for thirty days. Radio Free Wall Street - Lee Adler, Russ Winter and Aaron Krowne go behind the paper curtain of Wall Street propaganda. Listen now. Russ Winter's Actionable- Actual trading with tactics and strategy from a master. Learn more and subscribe now. Browse Facebook News Facebook Stock Hits New Low - WCTI12.com Post Facebook IPO market frozen - CNNMoney Thomas J. Henry Injury Attorneys Investigating Facebook IPO - PR Web (press release) Forget Facebook's IPO, Here's The Real Value Of The Social Network - Forbes Browse JP Morgan Latest News This Plagued Financial Stock May Tank 30% By 2013 - Seeking Alpha JPMorgan's Other Messy Problem: MF Global's Missing Money - Forbes JP Morgan Also Increased Risk At Commodity, Bond-Trading Units - Wall Street Journal (blog) J.P. Morgan, Facebook, and Bain Capital: In defense of capitalism - newjerseynewsroom.com Browse European Crisis Latest News GLOBAL MARKETS-Euro climbs on hope debt crisis fix is near - Reuters Markets skeptical of European action on crisis-W.House - Reuters G7 to hold emergency euro zone talks, Spain top concern - Reuters The Crisis In Europe, Explained - WWNO Latest Headlines All clear for bulls,or another trap? Factory Orders not too hot, not too cold, but not just right GLOBAL MARKETS-Euro climbs on hope debt crisis fix is near – Reuters S&P Says 1 in 3 Chance Greece Will Exit Eurozone – Fox Business Facebook Stock Hits New Low – WCTI12.com Post Facebook IPO market frozen – CNNMoney Post Facebook IPO market frozen – CNNMoney Markets skeptical of European action on crisis-W.House – Reuters Thomas J. Henry Injury Attorneys Investigating Facebook IPO – PR Web (press release) Forget Facebook’s IPO, Here’s The Real Value Of The Social Network – Forbes G7 to hold emergency euro zone talks, Spain top concern – Reuters The Crisis In Europe, Explained – WWNO Did Eduardo Saverin’s bid to save taxes on his Facebook windfall by renouncing … – San Jose Mercury News Eurozone crisis: United States of Europe may be the only way to save euro – The Guardian This Plagued Financial Stock May Tank 30% By 2013 – Seeking Alpha Goldman Sachs Sees Potential S&P 500 Bear Market on Europe – San Francisco Chronicle Facebook Asks Users ‘Yay or Nay?’ on New Privacy Policies – TechNewsWorld Facebook Asks Users ‘Yay or Nay?’ on New Privacy Policies – TechNewsWorld In Facebook IPO, small investors who got burned should’ve known better – Washington Post MARKET WATCH: Deteriorating European crisis drags down energy prices – Oil & Gas Journal Link to comment Share on other sites More sharing options...
Trader Joe Posted June 4, 2012 Report Share Posted June 4, 2012 I think they may need to Donkey Punch this 'ho one 'mo time before The Great Satan's yapping on Thursday Just puttin' it out there Link to comment Share on other sites More sharing options...
I_Am_Madness Posted June 4, 2012 Report Share Posted June 4, 2012 There's no QE in Twist. Fed balance sheet dead flat since last June. Correct. Also correct. If Fed balance sheet was dead flat since last June, where was the liquidity coming from to drive stocks 30% higher off the lows? LTRO? Link to comment Share on other sites More sharing options...
Jetlag Posted June 4, 2012 Report Share Posted June 4, 2012 If Fed balance sheet was dead flat since last June, where was the liquidity coming from to drive stocks 30% higher off the lows? LTRO? European big capital exodus into US banksters? Link to comment Share on other sites More sharing options...
DrStool Posted June 4, 2012 Report Share Posted June 4, 2012 European big capital exodus into US banksters? Bingo! Which I forecast, and have been covering in the Fed Report week in and week out. Capital flight says it all. Look at the performance of US stocks versus European. US bank deposits versus deposits in Europe southern tier and Ireland. It's all there and it's been a clear and coherent story right along the way. Link to comment Share on other sites More sharing options...
Jetlag Posted June 4, 2012 Report Share Posted June 4, 2012 Golden Sacks possibly cutting down their S&P target for this year: "Goldman Sachs Sees Potential S&P 500 Bear Market on Europe" "While David Kostin’s mid-year forecast for the Standard & Poor’s 500 Index calls for a 3.7 percent gain from last week’s close to 1,325, he said the measure may fall to 1,125 should the situation in Europe worsen. That would give the S&P 500 a more- than 20 percent loss since its 2012 closing peak of 1,419.04." "Peter Oppenheimer, the London-based chief global equity strategist at Goldman Sachs, reduced his three-month forecast for the Stoxx Europe 600 by 5.8 percent to 245 last week. The European measure slid 0.5 percent to 233.87 today." "Barclays Plc’s Barry Knapp predicts the S&P 500 may fall to between 1,100 and 1,200 based on historic equity risk premium levels, which looks at forward earnings yield minus the real 10- year Treasury yield." "“There is little room for optimism in this morning’s report,” Knapp, the New York-based head of equity strategy, wrote in the June 1 note after the release of the payrolls data." http://www.bloomberg...-on-europe.html All the big boyz leaning on the bearish view Link to comment Share on other sites More sharing options...
K Wave Rider Posted June 4, 2012 Report Share Posted June 4, 2012 HUI closed at very interesting spot today.... Link to comment Share on other sites More sharing options...
K Wave Rider Posted June 4, 2012 Report Share Posted June 4, 2012 USDJPY...can she reclaim the 200 over the next few days and seal possible epic turn? Already have position at sub 78,,. will go all in for LT trade if the turn gets completed here... Back below 78 now, and bets off the table... Link to comment Share on other sites More sharing options...
K Wave Rider Posted June 4, 2012 Report Share Posted June 4, 2012 Silver 5 min winding up after back kiss of 5 min...Failed to get thru 20 Day MA so far, but that could change overnight.... Back under the 5 min 900, and quick trip down to daily 900 might be in the works... Link to comment Share on other sites More sharing options...
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