Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If this wars keeps going on with the oil 19000 is a possibility by end of week.
Fibs 2-24-2020
Dow
High - $29,568.57
Low - $6,469.95
Retracements
23.6% - $24,117.30
38.2% - $20,513.91
50% - $18,019.26
61.8% - $15,293.62
76.4% - $11,921.22
100% - $6,469.95
S&P
High - $3,393.52
Low - $666.79
Retracements
23.6% - $2,750.01
38.2% - $2,351.91
50% - $2,030.16
61.8% - $1,708.40
76.4% - $1,310.30
100% - $666.79
Nazdaq
High - $9,736.57
Low - $1,108.49
Retracements
23.6% - $7,700.34
38.2% - $6,440.64
50% - $5,422.53
61.8% - $4,404.41
76.4% - $3,144.72
100% - $1,108.49
USD - Spot
High - $1.2121
Low - $.7133
Retracements
23.6% - $1.094383
38.2% - $1.021558
50% - $.9627
61.8% - $.903842
76.4% - $.831017
100% - $.7133
GOLD
High - $1923.70
Low - $253.20
Retracements
23.6% - $1,529.462
38.2% - $1,285.569
50% - $1,088.45
61.8% - $891.331
76.4% - $647.438
100% - $253.2
SILVER
high - $55.45
low - $5.98
Retracements
23.6% - $43.78
38.2% - $36.55
50% - $30.72
61.8% - $24.88
76.4% - $17.65
100% - $5.98
WTIC
High - $147.90
Low - $10.65
Retracements
23.6% - $115.509
38.2% - $95.4705
50% - $79.275
61.8% - $63.0795
76.4% - $43.041
100% - $10.65
GASO
High - $3.49
Low - $0.79
Retracements
23.6% - $2.8528
38.2% - $2.4586
50% - $2.14
61.8% - $1.8214
76.4% - $1.4272
100% - $0.79
EUR/USD
High - $1.6037
Low - $.8225
Retracements
23.6% - $1.4193
38.2% - $1.3053
50% - $1.2131
61.8% - $1.1209
76.4% - $1.0069
100% - $.8225
GAMEXEED BEGAN AS A GAMING BLOG IN 2019. WE ARE GROWING TO COVER VIDEO GAMES, GUIDE, AND LONG READ CONTENT WHILE PROVIDING READERS AND VIEWERS WITH THE LATEST REVIEWS, PREVIEWS, UPDATES,TRAILERS AND NEWS.
WE MAKE SURE TO PROVIDE 100% PURE CONTENT AND LATEST NOTIFICATIONS.
<a href="https://www.gamexeed.com">GAMEXEED</a> BEGAN AS A GAMING BLOG IN 2019. WE ARE GROWING TO COVER VIDEO GAMES, GUIDE, AND LONG READ CONTENT WHILE PROVIDING READERS AND VIEWERS WITH THE LATEST REVIEWS, PREVIEWS, UPDATES,TRAILERS AND NEWS.
WE MAKE SURE TO PROVIDE 100% PURE CONTENT AND LATEST NOTIFICATIONS.
Facts are facts...trade with logic and being informed. Not the politics of emotion.
All world leaders no matter the country try and affect the markets.
I'm certainly not trading on the whims of a wanna be but false prophet.
What are you a Bot or someone who can't tell good from evil.
Either way...Go away.
This is a stock market forum not a never trump rally, but thanks for playing....
We know that back in January with the government shutdown and No One working at the Bureau of Labor Statistics tRump fudged the numbers himself at 312,000 new jobs. Searching the BLS website because they have buried the monthly numbers, we have found that 312,000 new jobs then was over 100,000 more new jobs than existed at that time.
But the BLS under tRump's Labor Secretary Rene Alexander Acosta lied about the numbers.
Yes, that’s the same Acosta who gave Jeffery Epstein a get out of jail free card in 2013.
The stink from this tRump administration is permeating the whole world. Can you smell it?
It is high time to Impeach him now!
This is more than likely the tip of the iceberg on tRump's great fake economy!!!
This is more than likely the tip of the iceberg on tRump's great economy!!!
https://www.morningstar.com/news/dow-jones/201908217201/us-job-growth-weaker-through-march-than-earlier-reported-new-data-show
https://www.pulselive.co.ke/bi/politics/new-jobs-numbers-undercut-trumps-claim-that-his-2017-tax-cuts-jolted-the-economy-and/4e7399m
https://www.bls.gov/web/empsit/cesprelbmk.htm
CES Preliminary Benchmark Announcement
In accordance with usual practice, the Bureau of Labor Statistics (BLS) is announcing the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. The final benchmark revision will be issued in February 2020 with the publication of the January 2020 Employment Situation news release.
Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file. For national CES employment series, the annual benchmark revisions over the last 10 years have averaged plus or minus two-tenths of one percent of total nonfarm employment. The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2019 total nonfarm employment of -501,000 (-0.3 percent).
Preliminary benchmark revisions are calculated only for the month of March 2019 for the major industry sectors in table 1. The existing employment series are not updated with the release of the preliminary benchmark estimate. The data for all CES series will be updated when the final benchmark revision is issued.
Table 1 shows the March 2019 preliminary benchmark revisions by major industry sector. As is typically the case, many of the individual industry series show larger percentage revisions than the total nonfarm series, primarily because statistical sampling error is greater at more detailed levels than at an aggregated level.
Thank you for the analysis.
LC
DJI
Updated long term fibs since 1999 in which the DOW, SPX, and NAZ lows are basically the same as the lows since March 2009.
DOW
high - 27,398.68
low - 6,469.95
Retracements
23.6% - 22,459.50
38.2% - 19,403.91
50% - 16,834.32
61.8% - 12,933.96
76.4% - 11,401.49
100% - 6,469.95
SPX
high - 3027.98
low - 666.79
Retracements
23.6% - 2,470.74
38.2% - 2,126.01
50% - 1,847.39
61.8% - 1,568.76
76.4% - 1,224.03
100% - 666.79
NAZ
high - 8339.64
low - 1,108.49
Retracements
23.6% - 6,633.09
38.2% - 5,477.34
50% - 4,724.07
61.8% - 3,870.79
76.4% - 2,815.04
100% - 1,108.49
USD - Spot
High - 121.21
Low - 71.33
Retracements
23.6% - 109.4383
38.2% - 102.1558
50% - 96.27 - the dollar has been hovering here since January 2015
61.8% - 90.3842
76.4% - 83.1017
100% - 71.33
GOLD
High - 1923.70
Low - 253.20
Retracements
23.6% - 1,529.462 - looks to be ready to break through higher
38.2% - 1,285.569
50% - 1,088.45
61.8% - 891.331
76.4% - 647.438
100% - 253.2
SILVER
high - 55.45
low - 5.98
Retracements
23.6% - 43.78
38.2% - 36.55
50% - 30.72
61.8% - 24.88
76.4% - 17.65 - looks to be ready to break through higher
100% - 5.98
WTIC
High - 147.90
Low - 10.65
Retracements
23.6% - 115.509
38.2% - 95.4705
50% - 79.275
61.8% - 63.0795
76.4% - 43.041
100% - 10.65
GASO
High - 3.49
Low - 0.79
Retracements
23.6% - 2.8528
38.2% - 2.4586
50% -2.14
61.8% - 1.8214
76.4% - 1.4272
100% - 0.79
EUR/USD
High - 1.6037
Low - .8225
Retracements
23.6% - 1.4193
38.2% - 1.3053
50% - 1.2131
61.8% - 1.1209
76.4% - 1.0069
100% - .8225
What world do you live in? One where your investments are based on the tweets of the POTUS? "this guy" is not "driving the market up and down 500 points" due to a tweet, emotions are driving retail investors to make poor decisions regarding their investments.
What world do u live In? This guy can put markets up or down 500 points with one tweet
You really believe one man has that much power over the worlds stock markets, everything must be Trumps fault eh, good luck with that investment strategy.
It seems trump is just playing with the markets with his tariff war ...and getting he and his buddies richer on his moves while those not in his buddy circle get poorer.
No it's not a great market run...it's a bully boy playing with it!!!
This is the most overblown market I’ve seen in my 70 years. In every sector, profits are weak, consumer inflation is over 20% since 2017, along with housing, (sales and rentals), food, you name it.
The market is a reflection of its biggest pumper, full of bluster with no substance.
Looking for a 38.2 percent retracement across the board minimum; 18000-19000 DOW, 2000 SPX, 5000 NAZ
Faz looks intriguing
Break 23,000, next stop 21,860 that's 23.6%.
Inflation is all around, screw the wholesale price numbers, the retail price numbers are up 10-20% YoY. You been to the store?
China trade deal is smoke and mirrors which is all trump has, besides a big mouth.
Possible head and shoulders forming, not in a good way.
Long term Fibs
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138455661
I'm out until the bottom shows.
Breaking 23,300 (still 600 points away a/o this post) would be a major major breach of support.
$DJI double bottoming here, but we may need to test the lows of October around the 24,132 area before the institutional buyers step in heavily.
Futures are bouncing since the 10am hour; however, the market internals remain very weak today and the VIX remains above 20. I suspect Futures to selloff into resistance; however, we'll see how this plays out.
Apple and Amazon need to turn around to help this market bounce. Major gaps have been filled by the Tech Wreck. Apple is on the boarder of filling a gap from this past May between 169 - 173. Only time will tell.
Upcoming events G20 and Fed Interest Rates are high on the holiday radar.
AMZN and GOOGL predicted the Bear and he has arrived time to get out!
seems like that didnt go so well
what happened to the 12K? More records being set
not 12,000, but I'll re-enter the market when DJI is in the mid-high teens.
suppose that happens, then when does it hit over 27,000 as in the past, because it always moves up in the end
12000??? give me a break .... nothing ever goes straight up. Expect a 50K DOW this time next year
calling back to 12,000 , its coming ,the run is over and inflated markets+ greed .inside trading will correct this , lets be realistic look at china , borders shutting down on trade, i hope im wrong
chris12, looking at a 5 year chart of the DJI, the volume rise beginning of Dec. 5, 2016 DJI was about at the level of 19,756.85
Today's closing at 23,533.2 is higher from that level by 3,776.35.
A slide in the markets of 16% from where we are now could get the DJI to a level of 19,500 to 20,000 area. My Indicator(s) turned mostly negative in the last two weeks. Have a great weekend.
let the crash begin just the start of a huge correction
Even though that was evidently wrong for 2/9/12,I tend to agree about the top for this time, in 2018. My Larger Market Indicator (LMP) signal increased in negativity to 12, from 6 yesterday... notwithstanding the positive closing today. The general talk that the economy is good and that this is just a temporary (and "healthy"correction are questionable.
The talk of a bottom being close at hand seems premature to me at this time. However, knowing the exact timing of both for bottoms and tops of the markets can happen by looking back. Such is life. There's no way of knowing the future yet!
TODAY 2:30 PM GO SHORT THE MARKET ALL GOOD NEWS ARE BAKED IN.TOP HAS FORMED.
Joe Granville predicts Dow Jones average to drop 4,000 points in 2012
TUESDAY, MARCH 6, 2012
Joseph Granville at the ripe old age of 89 is still publishing his Granville Market Letter as he has been doing for more than forty years. Bloomberg's television Street Smart interviews him here.
In the interview Granville a technical analyst predicts that the Dow Jones average will drop by 4,000 this year. That is a good round number and gives an average drop of 1,000 per quarter.
More about Granville can be found at this Wikipedia entry. At conferences Granville is famous for his antics. Hulbert Financial Digest ranks his Market Letter poorly and claims that his advice would produce average losses over the past 25 years of more than 20 per cent.
However many people follow Granville still. His technical analysis uses OBV volume (On Balance Volume) to predict prices based upon volume.
A great showman Granville has emerged from a coffin to make his predictions at one investment conference and at another appeared to walk across water in a swimming pool. He has predicted that he will win the Nobel Prize in economics but so far he has been wrong about that! The video is here.
On the basis of trading volumes among other factors Granville predicted the market had peaked last Friday and would begin a decline this week. So far so good at least for Granville's predictions.
POSTED BY KEN AT 9:17 PM
STOCKS DOWN OVER 600 HUNDRED POINTS...post on 02/16/12 05:50:34 PM
THAT'S THE HEADLINE WE GOING TO WAKE UP TO WITH IN THE NEXT 60 DAYS
I stand by my prediction..even if Greece gets the 75% they need.
A MUST SEE VIDEO:http://www.businessinsider.com/blogger-invents-beautiful-new-genre-of-analyzing-the-stock-market-2012-3
Blogger Invents Beautiful New Genre Of Stock Market Analysis
Erik Swarts is the author of the blog Market Anthropology, which analyzes the stock market through original, long-term charts, often drawing on long history to find parallels to the current environment.
Anyway, even the most beautiful annotated chart can be inaccessible to some, so Swarts went ahead and invented a whole new genre of looking at market patterns.
He created this video demonstrating what he called "Meridian Market Theory" which basically posits that the market over the last 40 years has traversed one central trendline, with stocks alternating which side of the meridian they sit upon.
What's great is that he sets his chart to music, and provides a gorgeous way of viewing the charts in action.
The first minute or so is talk from a Tom DeMark appearance on Bloomberg, but after that it's just a joy to watch. We really think it's a new genre of market analysis.
u should see this:http://video.cnbc.com/gallery/?video=3000076031
New Central Bank Cash Glut Risks 'Monetary Anarchy'
Published: Wednesday, 29 Feb 2012 |
By: Reuters
The scale of money printing in the West has become so massive that the world may fall prey to "monetary anarchy," with traces of bubbles appearing everywhere.
Getty Images
At least that's what some critics see in the latest round of cash pumping by major central banks.
It is also an eerily reminiscent of 2011, when similarly generous monetary easing sparked higher oil prices, slowed the recovery and stoked speculative hot money flows into vulnerable emerging markets.
The European Central Bank alone is expected to lend another half trillion euros or more of super-cheap money to banks on Wednesday, following Japan and Britain which have already injected fresh cash. The Federal Reserve has promised to keep interest rates low until 2014 and act further if needed.
There is a sense of deja-vu in financial markets. Just like the last time a wave of money was pumped into the world financial systems in 2011, crude oil - fuelled also this time by Middle East tensions - has jumped 15 percent this year.
As a result, riskier assets such as equities are already coming off new year highs. Rising emerging market currencies are forcing some central banks there to intervene.
The scale of money creation since the onset of the global credit shock can be seen in the size of central banks' balance sheet expansion.
JP Morgan says G4 central bank balance sheets have more than doubled since 2007 to 24 percent of combined gross domestic product and will reach 26 percent this year.
"We have Monetary Anarchy running riot, where the elastic band between the real economy and the current liquidity-fuelled markets is stretched further and further beyond credulity," Bob Janjuah, head of tactical asset allocation at Nomura, noted.
He said bubbles were visible in all asset classes because central bank balance sheets are at the core.
"If/when the current cycle implodes, central banks which have seen explosive balance sheet growth will add to the problems, rather than being able to act as credible lenders of last resort," he said.
"Real assets are relatively attractive. But I am going to wait for this current central bank bubble to burst before going all in. The end of the bubble will be signposted by either monetary anarchy creating major real economy inflation or by a deflationary credit collapse."
QE3?
Kicking off its second bout of quantitative easing in late 2010, so-called "QE2," the Federal Reserve announced a $600 billion (378.4 billion pound) programme to buy bonds.
The Bank of Japan raised its asset buying and lending scheme to 55 trillion yen in October 2010 and spent a record 8 trillion yen to the currency's ascent, pumping more cash in the process.
RELATED LINKS
Investors May Use Europe's Next Stimulus as a Sign to SellFed Likely to 'Sit Back' as Economy Gets Better: Bullard
Also in October, the Bank of England expanded the size of its asset purchase program to 275 billion pounds. Last month, it raised it again to 325 billion.
While markets got an initial boost from this, the effect was short-lived partly because rising oil prices eventually chilled spending. And aggravated commodity and food-price inflation forced emerging economies to step up monetary tightening.
Taking stocks as a guide, the MSCI all-country world index rose 18 percent between October 2010 and April 2011, only to fall more than 26 percent from there to September.
Since then, it has gained nearly 25 percent, mainly on the ECB's three-year, cheap loan program.
However, the negative consequences of cheap money may not have been all visible, because headlines and prevailing sentiment were dominated by the intensifying euro debt crisis.
"We saw what happened last spring when the Fed printed money - QE2 - amidst a commodities price shock: commodity prices surged further and U.S. consumption faltered as a result," said Stephen Jen, managing partner of SLJ Macro Partners.
"As Greece (debt worries) recede into the background for now, oil enters as the next potential threat to the global economy. The truth may be that oil had already been a threat, but investors were just too pre-occupied with Greece to notice."
Today, a renewed wave of yield-seeking capital inflows is starting to push some emerging economies to act again despite forecasts for an overall slowdown in the world economy.
For example, Colombia raised its key interest rates twice this year to control inflation and slow consumer credit growth. Brazil has been intervening in the currency market to curb a currency rally and keep local manufacturers competitive.
Data from fund tracker EPFR shows global emerging markets equity funds absorbed $18.5 billion this year, compared with outflows of over $13 billion in the same period last year.
Goldman Sachs says the latest round of liquidity injection - which it calls "competitive" monetary easing - may create a problem for emerging markets again.
"With output much closer to potential and inflation at or above policymakers' range of comfort, any stimulative leakage from a bout of monetary easing in the DM world is much less welcome," it said.
"Policymakers are forced to choose between allowing exchange rate appreciations that may be too rapid and accepting domestic overheating, which has its own negative ramifications."
1)OBAMA (PRESIDENT AGAIN)WILL HAMMER HIS POLICIES ON R HEADS.
2)MERKEL VS THE WORLD.
3)THE GREEK LOVE AND HATE RELATIONSHIP WITH THE EURO.
SELL THE MARKET AT ANY RUN UP BIG DECLINE IS COMING!! [/u
MERKEL VS THE WORLD ....
TODAY AT 2:30PM SHORT 50% AND 50% AT CLOSING THE MARKET HAS TOP.
Bill Gross: It's Time to Play Defense
Published: Tuesday, 28 Feb 2012
The next era of investment will be won by teams playing strong defense, Pimco’s Bill Gross says in his March investment letter.
Gross argues that we have come to the end of a 30-year long stretch in which “offensively minded” central bankers pushed down interest rates and created a false sense of wealth.
Investment managers during the 30 years of offense discovered that “the secret to getting rich since the early 1980s has been to borrow someone else’s money, throw some Hail Mary passes and spike the ball in the end zone,” Gross writes.
But with interest rates at the zero-boundary, the old strategies have stopped working.
“The offensively oriented investment world that we have grown so used to over the past three decades is being stonewalled by a zero bound goal line stand. Investment defense is coming of age,” Gross writes.
Gross includes an interesting chart illustrating the relative decline of personal interest income to personal debt payments. This demonstrates that declining interest rates have not produced a neutral outcome, with equal numbers of winners and losers.
Instead, “Main Street” has seen its savings decline while “Wall Street” got ever wealthier.
In order to repair the damage to their balance sheets, households must develerage. And, as the chart shows, there’s still a very wide gap between interest income and debt obligations.
As a result of the deleveraging of households and historically low yields, the business models of all sorts of financial firms have begun to break down. Insurance companies, pension funds, and banks find that they can no longer achieve the kind of market returns they once relied on. The ones that can begin to shrink: banks close retail branches, insurance companies shut down some business lines.
“If these firms can’t cover inflation with historical real returns from their float, then they begin to downsize in order to stay profitable. The downsizing is just another way of describing a transition from offense to defense in a zero bound nominal interest rate world where almost any level of inflation produces negative real yields on investment,” Gross writes.
Gross says that the appropriate defensive strategy is an emphasis on “reliable/safe” income, deemphasizing derivative structures, and picking investment carefully. Most importantly, acknowledge that nominal returns are likely to be lower than historical examples.
If we get an upset tonight on super Tuesday,that will be one more reason to sell the market..will explain on later post.
ART CASHIN:About Capuchin Monkeys The Presidential Campaign Reminds Me Of This Study About Capuchin Monkeys
Like most of America, Art Cashin has been following the Presidential campaign pretty closely. But he's concerned about candidates are polarizing America.
"The on-going Presidential campaign seems to be fanning the flames of the corrosive “Us vs. Them” theme that has infected much of what pass for dialogue since the crisis began in late 2007," writes Cashin in today's Cashin's Comments.
All of this reminded Cashin of a New Yorker article that was published around the time Dick Grasso received his monster pay package from the NYSE. It featured a fascinating study involving capuchin monkeys.
An excerpt from Cashin's Comments:
The article had a very interesting example of fairness and how people and even primates react to it. Here's a bit:
It so happened that, on the very day Grasso resigned, the primatologists Sarah F. Brosnan and Frans B. M. de Waal released a study showing that female brown capuchin monkeys seem to have a sense of fairness, too. Pairs of capuchins had been trained to give Brosnan pebbles in exchange for slices of cucumber. This idyllic monkey market economy was disrupted, though, when the scientists changed the pay scale, rewarding one monkey with a delicious grape and the other with the same measly old cucumber. Exposed to this injustice, the capuchins who were given cucumbers often refused to eat; forty per cent of the time, they stopped trading entirely. Things got worse when one monkey in each pair was given a grape for doing nothing at all. The other monkeys often responded by tossing away their pebbles; eighty per cent of the time, they stopped trading. The capuchins were willing to forfeit cheap food simply to express their displeasure at their partners’ unearned riches.
The point was not—as some of the news coverage suggested—that capuchins are innate sharers. (The capuchin who got the grape showed no inclination to give it up.) The monkeys want to distribute things fairly, not equally. They seem to believe that there should be a clear connection between work and pay.
Surowiecki also notes a human experiment to point to certain irrational aspects of the fairness reflex. In pondering why the Grasso pay flap got such national attention, he advanced a thesis:
The answer might have something to do with the “ultimatum game,” a well-known experiment in behavioral economics. The game is simple enough. Take two people. Give them a hundred dollars to split. One person (the proposer) decides, on his own, what the split should be (fifty-fifty, seventy-thirty, or whatever) and makes the other person a take-it-or-leave-it offer. If he accepts the deal, both players get their share of the money. If he rejects it, both players walk away empty-handed.
The rational thing for the second person to do is to accept the offer, whatever it is, since even one dollar is better than nothing. But in practice this rarely happens. Instead, lowball offers are almost always rejected. Apparently, people would rather throw away money than let someone else walk away with too much. Other experiments illustrate the same idea. Essentially, people are willing to pay to punish those they think are free-riding or acting unfairly, even when doing so brings them no material benefits. The economists Samuel Bowles and Herbert Gintis call this the principle of “strong reciprocity.” Strong reciprocity works; it makes the whole system fairer. In the ultimatum game, for instance, the proposer usually ends up offering a relatively equitable split (say, sixty-forty) to insure that the other person accepts.
There are other examples of the influence of “perceived merit” on the fairness perception. (If one contestant did better on a questionnaire before an unrelated distribution, participants accepted more readily a larger share for the “smarter” player.)
Fairness is an important concept but it can be manipulated by the unscrupulous. Watch out for demagogues.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |