Chains of habit are too light to be felt until they are too heavy to be broken
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.
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.
Japan's stocks surged up to 3 percent, reversing earlier losses as the yen plummeted against the dollar as the Ministry of Finance stepped in to prevent the currency from probing an all-time high against the greenback.
The intervention was the first in six years and sent short-term speculators scurrying to
cover short positions in stock futures, lifting the Nikkei to a one-month intraday high.
Nasdaq 100 (NDX)
First support is at 1896.71. First resistance is at 1939.77.
For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $46.72. First resistance is at $47.68.
S&P 500 (SPX)
First support is at 1115.71. First resistance is at 1128.77.
For the Standard & Poor's Depository Receipts (SPY) first support is at $111.80. First resistance is at $113.18.
Russell 2000 (RUT)
First support is at 645.82, the 200-day moving average. First resistance is at 672.16.
For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $64.58. First resistance is at $67.27.
Nasdaq 100 (NDX)
First support is at 1896.71. First resistance is at 1939.77.
For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $46.72. First resistance is at $47.68.
S&P 500 (SPX)
First support is at 1115.71. First resistance is at 1128.77.
For the Standard & Poor's Depository Receipts (SPY) first support is at $111.80. First resistance is at $113.18.
Russell 2000 (RUT)
First support is at 645.82, the 200-day moving average. First resistance is at 672.16.
For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $64.58. First resistance is at $67.27.
weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Nasdaq 100 (NDX)
First support is at 1864.57, the 200-day moving average. First resistance is at 1896.71.
For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $45.86. First resistance is at $46.72.
S&P 500 (SPX)
First support is at 1090.10. First resistance is at the 200-day moving average, last at 1115.63.
For the Standard & Poor's Depository Receipts (SPY) first support is at $108.61. First resistance is at $111.79.
Nasdaq 100 (NDX)
First support is at 1864.57, the 200-day moving average. First resistance is at 1896.71.
For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $45.86. First resistance is at $46.72.
S&P 500 (SPX)
First support is at 1090.10. First resistance is at the 200-day moving average, last at 1115.63.
For the Standard & Poor's Depository Receipts (SPY) first support is at $108.61. First resistance is at $111.79.
Crude Oil for October delivery extended its rally further up on Monday, hitting a fresh 1-month high above $77.00 / bbl, after China's robust annual industrial production, up 13.9% in August, along with other inspiring figures from the retail sector, spurred a boost in demand. Oil topped out at $77.30 prior to correct slightly down to $77.10/15, actual price, almost 1% higher than its previous close.
Read more: http://community.nasdaq.com/News/2010-09/oil-hits-1month-high-on-chinas-reports.aspx?storyid=36055#ixzz0zNiQQbSo
Crude Oil for October delivery extended its rally further up on Monday, hitting a fresh 1-month high above $77.00 / bbl, after China's robust annual industrial production, up 13.9% in August, along with other inspiring figures from the retail sector, spurred a boost in demand. Oil topped out at $77.30 prior to correct slightly down to $77.10/15, actual price, almost 1% higher than its previous close.
Read more: http://community.nasdaq.com/News/2010-09/oil-hits-1month-high-on-chinas-reports.aspx?storyid=36055#ixzz0zNiQQbSo
Here's a list of the Vanguard S&P equity ETFs:
--Vanguard S&P 500 (NYSEArca: VOO - Expense Ratio: 0.06%
--Vanguard S&P 500 Value (NYSEArca: VOOV - Expense Ratio: 0.15%
--Vanguard S&P 500 Growth (NYSEArca: VOOG - Expense Ratio: 0.15%
--Vanguard S&P MidCap 400 (NYSEArca: IVOO - Expense Ratio: 0.15%
--Vanguard S&P MidCap 400 Value (NYSEArca: IVOV - Expense Ratio: 0.20%
--Vanguard S&P MidCap 400 Growth (NYSEArca: IVOG - Expense Ratio: 0.20%
--Vanguard S&P SmallCap 600 (NYSEArca: VIOO - Expense Ratio: 0.15%
--Vanguard S&P SmallCap 600 Value (NYSEArca: VIOV - Expense Ratio: 0.20%
--Vanguard S&P SmallCap 600 Growth (NYSEArca: VIOG - Expense Ratio: 0.20%
Here's a list of the Vanguard S&P equity ETFs:
--Vanguard S&P 500 (NYSEArca: VOO - Expense Ratio: 0.06%
--Vanguard S&P 500 Value (NYSEArca: VOOV - Expense Ratio: 0.15%
--Vanguard S&P 500 Growth (NYSEArca: VOOG - Expense Ratio: 0.15%
--Vanguard S&P MidCap 400 (NYSEArca: IVOO - Expense Ratio: 0.15%
--Vanguard S&P MidCap 400 Value (NYSEArca: IVOV - Expense Ratio: 0.20%
--Vanguard S&P MidCap 400 Growth (NYSEArca: IVOG - Expense Ratio: 0.20%
--Vanguard S&P SmallCap 600 (NYSEArca: VIOO - Expense Ratio: 0.15%
--Vanguard S&P SmallCap 600 Value (NYSEArca: VIOV - Expense Ratio: 0.20%
--Vanguard S&P SmallCap 600 Growth (NYSEArca: VIOG - Expense Ratio: 0.20%
President Barack Obama insisted Friday that the U.S. economy is showing improvement from the deepest recession in decades but conceded the "progress has been painfully slow." He said he understands that many voters in November's elections may blame the weak recovery on him.
Facing a rising jobless rate, Obama told a White House news conference: "For all the progress we've made, we're not there yet. And that means people are frustrated and why people are angry."
"Because I am president, and the Democrats have control of the House and Senate, it's understandable that people are saying, 'What have you done?'"
President Barack Obama insisted Friday that the U.S. economy is showing improvement from the deepest recession in decades but conceded the "progress has been painfully slow." He said he understands that many voters in November's elections may blame the weak recovery on him.
Facing a rising jobless rate, Obama told a White House news conference: "For all the progress we've made, we're not there yet. And that means people are frustrated and why people are angry."
"Because I am president, and the Democrats have control of the House and Senate, it's understandable that people are saying, 'What have you done?'"
$CRYP is looking good to me weeeeeeeeeeeeeeeeeeeeeee
$CRYP is starting to wake up mang$
hows it going MANG?
Cryptologic, Inc. is engaged in Internet software development and management. The company's products permit the processing of online transactions, with a current focus on e-commerce and Internet gaming software. The company's software is used by individuals registered in over 240 nations and territories worldwide. The company's products include Ecash and online casino software.
anyone here?
aloha
Look at who does the trading:
1 ) High frequency traders are 56 percent of all trades. This includes proprietary trading shops, market makers, and high-frequency trading hedge funds, according to Tabb Group. But as volume and volatility drops, this group gets less opportunity to profit from the statistical arbitrage trades most of them do.
2) Institutional traders (mutual funds, pensions, asset managers) are 17 percent of the volume. They, along with retail traders using their own account (11 percent) are seeing less activity because average investors have been WITHDRAWING money from equity mutual funds for two years.
3) hedge funds (15 percent of volume) have also been trading less because stock picking has not been very effective this year — it's been mostly about getting the macroeconomic direction right.
Look at who does the trading:
1 ) High frequency traders are 56 percent of all trades. This includes proprietary trading shops, market makers, and high-frequency trading hedge funds, according to Tabb Group. But as volume and volatility drops, this group gets less opportunity to profit from the statistical arbitrage trades most of them do.
2) Institutional traders (mutual funds, pensions, asset managers) are 17 percent of the volume. They, along with retail traders using their own account (11 percent) are seeing less activity because average investors have been WITHDRAWING money from equity mutual funds for two years.
3) hedge funds (15 percent of volume) have also been trading less because stock picking has not been very effective this year — it's been mostly about getting the macroeconomic direction right.
China reported a surprising jump in imports last month, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth.
China reported a surprising jump in imports in August on strengthening domestic demand.
The surge in imports also reduced China's politically sensitive trade surplus ahead of U.S. Congressional hearings next week on whether to punish Beijing for what many in Washington see as an unfairly undervalued yuan.
Imports were up 35.2 percent in August compared with a year earlier, easily beating July's 22.7 percent rise and market forecasts of a 26.1 percent increase, the General Administration of Customs said on Friday.
Annual export growth slowed to 34.4 percent in August from 38.1 percent in July but was close to expectations of a 35.0 percent rise.
That left China with a trade surplus of $20.0 billion, down from $28.7 billion in July and well below the median forecast of $27.1 billion.
Im doing good dumped my $FAS and got on $FAZ check out $SWHC got hammered after bell hope all is well and your making $$$$
MOVING RIGHT ALONG
Volume Symbol Month Strike Type
5651 QQQQ SEP 48.0 C
3510 XLE DEC 52.0 P
13741 SPX SEP 1100.0 P
2449 EEM SEP 44.0 C
7200 VIX FEB 22.5 P
8104 IWM SEP 65.0 P
900 IJR NOV 55.0 P
1558 GDX SEP 50.0 C
663 SPY SEP 115.0 P
1268 GLD DEC 118.0 P
aloha trade on weeeeeeeeeeeeeeeeeeeeee
The U.S. trade deficit declined in July with a sharp drop in imports, the Bureau of Economic Analysis said Thursday.
The deficit, at $49.8 billion in June, dropped to $42.8 billion, as imports fell by $4.2 billion to $196.1 billion.
Exports rose in the month, up $2.8 billion to $153.4 billion.
The deficit in trading for goods dropped by $7 billion from a month ago to $55.2 billion, while the spread was unchanged in service businesses, where a $12.5 billion surplus held steady June to July.
The bureau said deficits dropped in trading with China, the Organization of Petroleum Export Countries, Mexico, Canada and Japan, but rose in trading with Germany, Ireland, and the European Union.
The U.S. trade deficit declined in July with a sharp drop in imports, the Bureau of Economic Analysis said Thursday.
The deficit, at $49.8 billion in June, dropped to $42.8 billion, as imports fell by $4.2 billion to $196.1 billion.
Exports rose in the month, up $2.8 billion to $153.4 billion.
The deficit in trading for goods dropped by $7 billion from a month ago to $55.2 billion, while the spread was unchanged in service businesses, where a $12.5 billion surplus held steady June to July.
The bureau said deficits dropped in trading with China, the Organization of Petroleum Export Countries, Mexico, Canada and Japan, but rose in trading with Germany, Ireland, and the European Union.
Nasdaq 100 (NDX)
First support is at 1863.47, the 200-day moving average. First resistance is at 1896.71.
For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $45.83. First resistance is at $46.72.
S&P 500 (SPX)
First support is at 1090.10. First resistance is at the 200-day moving average, last at 1115.55.
For the Standard & Poor's Depository Receipts (SPY) first support is at $108.61. First resistance is at $111.78.
Russell 2000 (RUT)
First support is at 627.27, the 50-day moving average. First resistance is at 645.06, the 200-day moving average.
For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $62.74. First resistance is at $64.53.
Nasdaq 100 (NDX)
First support is at 1863.47, the 200-day moving average. First resistance is at 1896.71.
For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $45.83. First resistance is at $46.72.
S&P 500 (SPX)
First support is at 1090.10. First resistance is at the 200-day moving average, last at 1115.55.
For the Standard & Poor's Depository Receipts (SPY) first support is at $108.61. First resistance is at $111.78.
Russell 2000 (RUT)
First support is at 627.27, the 50-day moving average. First resistance is at 645.06, the 200-day moving average.
For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $62.74. First resistance is at $64.53.
S&P 500 (SPX)
First support is at 1090.10. First resistance is at the 200-day moving average, last at 1115.53.
For the Standard & Poor's Depository Receipts (SPY) first support is at $108.61. First resistance is at $111.78.
S&P 500 (SPX)
First support is at 1090.10. First resistance is at the 200-day moving average, last at 1115.53.
For the Standard & Poor's Depository Receipts (SPY) first support is at $108.61. First resistance is at $111.78.
Emerging Markets Index $EEM exchange-traded fund, a broadly used instrument to track major developing countries such as Brazil, Russia, India, and China. A block of 20,000 March 35 puts was bought for $1.68, and a matching number of March 45 calls was sold for $1.90.
Nasdaq 100 (NDX)
First support is at 1862.66, the 200-day moving average. First resistance is at 1896.71.
For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $45.81. First resistance is at $46.72.
S&P 500 (SPX)
First support is at 1090.10. First resistance is at the 200-day moving average, last at 1115.64.
For the Standard & Poor's Depository Receipts (SPY) first support is at $108.61. First resistance is at $111.79.
Russell 2000 (RUT)
First support is at 639.20. First resistance is at 657.95.
For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $63.92. First resistance is at $65.96.
Nasdaq 100 (NDX)
First support is at 1862.66, the 200-day moving average. First resistance is at 1896.71.
For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $45.81. First resistance is at $46.72.
S&P 500 (SPX)
First support is at 1090.10. First resistance is at the 200-day moving average, last at 1115.64.
For the Standard & Poor's Depository Receipts (SPY) first support is at $108.61. First resistance is at $111.79.
Russell 2000 (RUT)
First support is at 639.20. First resistance is at 657.95.
For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $63.92. First resistance is at $65.96.
Labor productivity dropped 1.8 percent in the second quarter, more than the 1.4 percent economists had expected. This is good news because companies had been squeezing more output from fewer workers, so lower productivity suggests that payrolls are no longer shrinking. That's what happened in late 2003, when productivity also showed a big drop. It would trend lower into 2007 at the same time that the economy added jobs.
Hourly earnings, another part of Friday's Employment Situation Report, and Consumer Confidence, released on Tuesday, also came in better than expected.
Consumption, traditionally sensitive to employment trends, saw some positive traction: At 0.4 percent, personal spending rose twice as much as expected, and the Case-Shiller Index of home prices was also better than anticipated. Most retailers also reported better-than-expected same-store sales on Thursday.
There were still weak points. The Institute for Supply Management's Service Index and a separate reading on construction spending both fell more than expected. And there is still plenty of gloom on the employment front, where public-sector jobs are disappearing as census workers get laid off and as state and local governments confront massive budget deficits.
Last week also saw mixed data on the manufacturing front: The Chicago Purchasing Managers Index was weaker than expected, while the more-important ISM Manufacturing Index beat forecasts.
Labor productivity dropped 1.8 percent in the second quarter, more than the 1.4 percent economists had expected. This is good news because companies had been squeezing more output from fewer workers, so lower productivity suggests that payrolls are no longer shrinking. That's what happened in late 2003, when productivity also showed a big drop. It would trend lower into 2007 at the same time that the economy added jobs.
Hourly earnings, another part of Friday's Employment Situation Report, and Consumer Confidence, released on Tuesday, also came in better than expected.
Consumption, traditionally sensitive to employment trends, saw some positive traction: At 0.4 percent, personal spending rose twice as much as expected, and the Case-Shiller Index of home prices was also better than anticipated. Most retailers also reported better-than-expected same-store sales on Thursday.
There were still weak points. The Institute for Supply Management's Service Index and a separate reading on construction spending both fell more than expected. And there is still plenty of gloom on the employment front, where public-sector jobs are disappearing as census workers get laid off and as state and local governments confront massive budget deficits.
Last week also saw mixed data on the manufacturing front: The Chicago Purchasing Managers Index was weaker than expected, while the more-important ISM Manufacturing Index beat forecasts.
World stocks rose on Monday on hopes the U.S. economy can avoid slipping back into recession, although the International Monetary Fund's chief economist warned of weak growth in both the United States and Europe.
With U.S. markets closed for the Labor Day holiday, Friday's encouraging news about the employment picture continued to spill over into trading on Monday.
Some investors, particularly in Asia, were catching up with the U.S. jobs numbers, which were not as bad as some had feared. The slowing of the world's largest economy has been one of the major factors holding investors back over recent months.
The US Dollar is testing key support as crude oil prices hint a downturn is forthcoming while stocks test an important Fibonacci retracement barrier, pointing to a resolution in the risk on / risk off tug of war just around the corner.
weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
What do you guys all trade?