Author Topic: Today's Outlook  (Read 257460 times)

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Today's Outlook
« on: April 05, 2013, 07:34:10 am »
European futures down but not too much at the moment.  US down but seeing they are still sleeping I will discount for now.  A busy day with Euro GDP (11:00), Germany factory orders (12:00)  US non-farm, unemployment and trade balance at 14:30. Maybe we might start off a bit wobbly but end the day in the green?  What do you think?
Veni, vidi, vici

Nivek

  • Sr. Member
  • ****
  • Posts: 252
  • Karma: +6/-1
    • View Profile
Re: Today's Outlook
« Reply #1 on: April 05, 2013, 08:06:36 am »
After yesterday I could really use some green  :o

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Re: Today's Outlook
« Reply #2 on: April 05, 2013, 08:12:50 am »
Remember today also last day to trade for dividends, see LDT post.

Me too Nivek, me too. :D
Veni, vidi, vici

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Re: Today's Outlook
« Reply #3 on: April 05, 2013, 08:34:20 am »
Futures better all over, we even have green sprout on SA40 for now.
Veni, vidi, vici

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Re: Today's Outlook
« Reply #4 on: April 05, 2013, 11:53:26 am »
GDP (quarterly) in line with expectation and previous number at -0.6%.
Veni, vidi, vici

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Re: Today's Outlook
« Reply #5 on: April 05, 2013, 12:09:13 pm »
German factory in at +2,3%, expected +1,2% previous -1,6% (revised from -1,9%)
Veni, vidi, vici

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Re: Today's Outlook
« Reply #6 on: April 05, 2013, 02:46:03 pm »
Oi :o, Non-farm expected 209K, previous 254K (revised), actual 95K.
Veni, vidi, vici

Nivek

  • Sr. Member
  • ****
  • Posts: 252
  • Karma: +6/-1
    • View Profile
Re: Today's Outlook
« Reply #7 on: April 05, 2013, 03:07:46 pm »
I'm getting slaughtered out there!  :'(

stop loss

  • I've just arrived
  • *
  • Posts: 1
  • Karma: +0/-0
    • View Profile
Re: Today's Outlook
« Reply #8 on: April 05, 2013, 03:10:46 pm »
I'm getting slaughtered out there!  :'(

I've chosen my new name in honor of what saved me today...

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Re: Today's Outlook
« Reply #9 on: April 05, 2013, 05:03:36 pm »
What a day, 500 odd points neg :P
Veni, vidi, vici

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2160
  • Karma: +36/-2
    • View Profile
Re: Today's Outlook
« Reply #10 on: April 05, 2013, 08:10:24 pm »
I bought some satrix indi's in a dip a few days ago. Who would have thought they'd drop 5% in a few days! Oh well, they were bought for the long term...

Naude

  • I've just arrived
  • *
  • Posts: 10
  • Karma: +0/-0
    • View Profile
Re: Today's Outlook
« Reply #11 on: April 08, 2013, 08:09:45 am »
Ready for a climb? We are surely oversold but that doesn't mean a climb has to come too soon.

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Re: Today's Outlook
« Reply #12 on: April 08, 2013, 08:24:05 am »
Not feeling very comfortable with markets at the moment.  No major economic data for today with German industrial production @ 12:00 and Bernanke has a dinner date at Feds Annual Fin Market Conference with usual speech @ 1:15am tomorrow morning SA time.  Then there is North Korea.  I don’t know how trigger happy Pyongyang area really is :o but they have indicated it could be this Wednesday? Seeing it is the anniversary of Kim II-Sung’s birthday on 15th, which is usually celebrated with a show of military prowess, I'm a bit weary thus I will be shorting any upturn.
« Last Edit: April 10, 2013, 01:35:54 pm by Moneypenny »
Veni, vidi, vici

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1696
  • Karma: +35/-0
    • View Profile
Re: Today's Outlook
« Reply #13 on: April 08, 2013, 08:33:44 am »
IGM going strong at plus 186 point for now.
Veni, vidi, vici

Nivek

  • Sr. Member
  • ****
  • Posts: 252
  • Karma: +6/-1
    • View Profile
Re: Today's Outlook
« Reply #14 on: April 08, 2013, 09:23:47 am »
And up we go  :)

Friday was the day to be brave while others were fearful. Some major bargains to be had!