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Author Topic: Today's Outlook  (Read 840632 times)

Moneypenny

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Re: Today's Outlook
« Reply #285 on: August 23, 2013, 09:29:12 am »
VIX 14.76 -7,40%  Europe acting hesitantly down.
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Moneypenny

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Re: Today's Outlook
« Reply #286 on: August 26, 2013, 08:45:26 am »
US up, Asia up, gold up, oil up, futures up, IGMT40 up, VIX down, I know, I know it all seems particularly rosy but I can't shake this eery feeling that this is going to be a down week.

14:30 US Core Durable
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Moonraker

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Re: Today's Outlook
« Reply #287 on: August 26, 2013, 02:45:15 pm »
The Commerce Department said on Monday durable goods orders dropped 7.3 percent as demand for goods ranging from aircraft to computers and defense equipment fell. That was the biggest decline since last August and snapped three consecutive months of gains
Orders for these goods, which range from toasters to aircraft, had increased 3.9 percent in June.
Economists polled by Reuters had expected durable goods orders to fall 4.0 percent. (Bloomberg)

With headlines like this:-  "China Growth Can Sink Closer to 6% on Waning Job Needs: Economy";
and the durable goods figures how long will the resources uptick last ? (Gold is another story).

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Moneypenny

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Re: Today's Outlook
« Reply #288 on: August 27, 2013, 08:37:10 am »
Durable goods numbers yesterday made investors think that tapering might be postponed a bit but its only one number, have to step back a little bit to see the big picture I think and that might explain why I hear this in my head:  Shawty had them Apple Bottom jeans, jeans, Boots with the fur, with the fur, The whole club was lookin at her, She hit the flo, she hit the flo, Next thing you know, Shawty got low low low low, low low low low.

Anyway, we hit a new all time high, T40 +0.65% @ 38,903, All-Share +0.69% @ 43,290.55, to be fair weaker R also helped gold producers.

New highs also for Atlasa, Mondi, Discovery, Omnia, Sasol.

Asia and futures down, VIX spiked up 7%, most commodities up.

Today German Business climate @ 10:00, SA GDP 11:30, US Consumer confidence 16:00.
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Patrick

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Re: Today's Outlook
« Reply #289 on: August 27, 2013, 02:54:48 pm »
Quote from: Moneypenny on August 27, 2013, 08:37:10 am
Anyway, we hit a new all time high, T40 +0.65% @ 38,903, All-Share +0.69% @ 43,290.55, to be fair weaker R also helped gold producers.

New highs also for Atlasa, Mondi, Discovery, Omnia, Sasol.

Yep, bucks all round today:

Quite enjoying my week off  :)
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Moonraker

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Re: Today's Outlook
« Reply #290 on: August 27, 2013, 04:35:20 pm »
US

The latest consumer confidence reading for August came in at 81.5 while economists polled by Briefing.com expected the survey to come in at 77.0. This follows the prior month's reading of 81.0.

and,

Germany

The Ifo business climate index, based on a survey of 7,000 executives, climbed to 107.5 from 106.2 in July, the Munich-based institute said today. That’s the highest since April 2012. Economists predicted an increase to 107, according to the median of 42 forecasts in a Bloomberg News survey.
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Moneypenny

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Re: Today's Outlook
« Reply #291 on: August 28, 2013, 08:38:06 am »
Enjoy the time off P. :)

Syria making waves causing commodities up, US overnight terrible, Asia glowing with red, Vix up a super 11.88% @ 16.77, IGT40 -100 atm. 

Pending home sales @ 16:00.

We're going in hot today. Good luck.
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Moneypenny

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Re: Today's Outlook
« Reply #292 on: August 30, 2013, 08:50:26 am »
It seems sanity prevailed and we wont have a war this week, UK voted against taking part in strike on Syria because of lack of evidence of chemical attack. This resulted in commodities going down again with crude oil at 108 and gold at 1407. Unfortunately this is not going to save us against another fuel price hike expected in October, probably in the vicinity of 40 to 50c per litre.

Also facing strikes in car production, construction, and airline sectors with textile workers, petrol station attendants, retail auto workers and gold miners joining in from next week.

Asia mixed to down with Nikkei, Hang Seng, Shanghai and Singapore red, although I expect green day today locally.

Don't forget the 172 points on T40 today, it will bite if you're short.

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Moonraker

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Re: Today's Outlook
« Reply #293 on: August 30, 2013, 02:25:24 pm »
Pretoria, 30 August 2013 - The South African Revenue Service (SARS) today releases trade statistics for July 2013 that record a trade deficit of R14.21 billion.
 
Summary
 
The R14.21 billion deficit for July 2013 can be attributed to exports of R75.69 billion and imports of R89.89 billion.
 
Exports increased from June to July by R7.45 billion (10.9%) and imports increased from to June to July by R13.97 billion (18.4%).
 
The cumulative deficit for 2013 is R89.37 billion compared to R59.02 billion in 2012. 
 
Trade Highlights by Category
The June to July change (up by 10.9%) in exports of goods reflected increases mainly in:
Precious and semi-precious stones and metals increased by R3 149 million (22%);
Base metals and articles thereof increased by R1 265 million (16%);
Machinery and electrical appliances increased by R1 025 million (18%);
Vegetable products increased by R 583 million (14%);
Vehicles, aircraft and vessels increased by R 564 million (8%);
Products of the chemicals or allied industries increased by R 526 million (15%);


The June to July change (up by 18.4%) in imports of goods reflected increases mainly in:
Machinery and electrical appliances increased by R3 799 million (19%);
Vehicles, aircraft and vessels increased by R2 436 million (32%);
Products of the chemicals or allied industries increased by R2 290 million (34%);
Original equipment components increased by R1 174 million (23%);
Vegetable products increased by R 906 million (78%);
Plastics and rubber and articles thereof increased by R 761 million (27%);
Textile and textile articles increased by R 610 million (29%);
Base metals and articles thereof increased by R 480 million (12%);
Footwear, headgear, umbrellas and articles increased by R 449 million (67%);
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Moneypenny

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Re: Today's Outlook
« Reply #294 on: September 02, 2013, 08:44:48 am »
Feeling somewhat conflicted with recent Syria events.

On the one hand we have  Barack Obama who said on Saturday that military action is appropriate pending congressional authorization on 9 September. Secretary of State John Kerry Friday said they have “clear and compelling evidence” that Syria’s President Bashar al-Assad had used chemical weapons on his own citizens.

On the other hand UK lawmakers voted last Thursday evening against the use of force in Syria because there was no clear evidence and Russian President Vladimir Putin on Saturday dismissed chemical weapon allegations as “absolute nonsense”, as do Bashar al-Assad.

What alarms me is that the basis for this conflict is the alleged use of chemical weapons by President Assad– the very same allegation that was alleged against Saddam Hussein in Iraq 10 years ago. 

Also alarming that the UN inspectors left Syria on Saturday.

Could this really be all about oil? 

Am I really that naive to believe that world powers will not battle in this day and age for control of natural resources because of human rights and compassion for those who will suffer?

This is just sad. 

Maybe a good thing nobody is really interested in SA.

Economic calander:

US and Canada Labor Day.

And remember,  R100 000 kt in your Investor Challenge Acc.
« Last Edit: September 02, 2013, 10:00:43 am by Moneypenny »
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Moneypenny

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Re: Today's Outlook
« Reply #295 on: September 03, 2013, 08:40:06 am »
Asia green, US futures seriously green, IGT40 +67, commodities down, Australia keeps monetary policy steady.
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Moneypenny

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Re: Today's Outlook
« Reply #296 on: September 04, 2013, 09:30:51 am »
Asia green, US futures green, Europe opened green but just turned & SAT40 -325.  Why so negative?

Moon's F&G Indicator: Extreme Fear

Gold above 1400$ after Israel/US combined missile test in Mediterranean for purpose of 'dont mess with me'-show I suppose and Obama gaining more support from Congress for strike.

Two construction companies made new highs yesterday (break-down, build-up scenario), time to reassess sector perhaps?

10:28 GB Services PMI

T40 @ -270 now.


Edit: We're going down hard -370 T40  :LHST:
« Last Edit: September 04, 2013, 10:15:27 am by Moneypenny »
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Moneypenny

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Re: Today's Outlook
« Reply #297 on: September 04, 2013, 10:41:28 am »
-500 and still falling.
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Patrick

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Re: Today's Outlook
« Reply #298 on: September 04, 2013, 10:43:58 am »
Quote from: Moneypenny on September 04, 2013, 09:30:51 am
Moon's F&G Indicator: Extreme Fear

Nice addition to your reports!
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Moneypenny

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Re: Today's Outlook
« Reply #299 on: September 04, 2013, 10:59:18 am »
Yes, thank you Moon. :D  He/she is a human internet bot doing extreme efficient web spidering. :TU:

Back to -400ish on T40.
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