Author Topic: Today's Outlook  (Read 844153 times)

Moonraker

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Re: Today's Outlook
« Reply #300 on: September 04, 2013, 11:06:43 am »
My fav F&G section is the Put and Call options section. More fear today I see, 20 earlier today now 19.  :frustrated:

jaDEB

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Re: Today's Outlook
« Reply #301 on: September 04, 2013, 12:57:42 pm »
Can fear (extreme or not) push the market up. Thus fear / greed can force market up or down, thus it just indicate driver not direction?

jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

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Re: Today's Outlook
« Reply #302 on: September 05, 2013, 09:04:25 am »
Fear usually pushes down, greed usually up. 

What really got me going yesterday, and not in a good way I might add, is how the main antagonists' market went from strength to strength, all 3 major ones ending  up significantly higher.  And as usual our market players frantically running scared from pillar to post, not able to think for themselves. But anyway, cowgirls don't cry.

The Senate last night approved a strike on Syria, but 'no US boots on foreign soil'.  Yeah right.  Next stop Congressional approval and then game over for Syrian military targets.  Not sure how Putin & kie is going to react, his body language speaks for itself.

In Japan, BoJ officially declared their economy is 'recovering moderately', strongest declaration sine March 2008 when they were “expanding moderately.” This pushed all of Asia up this morning. 

On eco reporting today:

13:00 UK interest rate decision
13:45 Euro interest rate decision
14:15 US nonfarm employment change
14:30 ECB - Draghi media
14:30 US initial jobless

And on Moon's F&G we are down to just 'Fear', upgrading from yesterdays 'Extreme Fear'. Am I reading this correctly?  Fear diminishes when war is closer or are they focusing more on economic recovery which seems to be happening for US and Asia?


Orca

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Re: Today's Outlook
« Reply #303 on: September 05, 2013, 09:37:26 am »
Breached the trend line. Only good news will get it back up.
I started here with nothing and still have most of it left.

Moneypenny

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Re: Today's Outlook
« Reply #304 on: September 06, 2013, 08:53:12 am »
Moon's F&G still indicating fear but even less than yesterday.  5 of the 6 Asian markets green atm, US futures green.

Most important indicator for today is US non-farm & unemployment @14:30.

IGMT40 -91 atm although I think it will be a green day.

58 Points on SA40 today at 16:50.

jaDEB

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Re: Today's Outlook
« Reply #305 on: September 06, 2013, 09:15:50 am »
Thanks for the reports in the mornings, it is appreciated
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

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Re: Today's Outlook
« Reply #306 on: September 06, 2013, 09:18:41 am »
Aww, you're welcome sweetie ;)

Moonraker

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Re: Today's Outlook
« Reply #307 on: September 06, 2013, 04:02:56 pm »
Quote
August nonfarm payrolls increased by 169,000, which was below the 177,000 expected by the Briefing.com consensus. More notably, July payrolls were revised down nearly 36% to 104,000 from 162,000. The unemployment rate ticked down to 7.3% from 7.4%, but once again, that was the result of a drop in the labor force participation rate to 63.2%. This represents the lowest rate since August 1978. The one bright spot could be found in aggregate income, which increased 0.6%.

The early reaction in equity futures and the bond market (10-yr yield -10 bps at 2.90%) suggests participants believe this report lowers the probability that the Fed will lower the pace of its asset purchases at the upcoming September 17/18 policy meeting.


Your guess is as good as mine. (Source = Nasdaq)

Orca

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Re: Today's Outlook
« Reply #308 on: September 09, 2013, 08:29:37 pm »
Where Moneypenny?
http://money.cnn.com/data/fear-and-greed/
Getting better and S&P up over 1% today.
I started here with nothing and still have most of it left.

Aragorn

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Re: Today's Outlook
« Reply #309 on: September 10, 2013, 08:27:55 am »
Yes!!! Missing my Daily Outlook fix here.....
Hope all's well with Mrs Bond.
Not idly do the leaves of Lorien fall.

Moneypenny

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Re: Today's Outlook
« Reply #310 on: September 10, 2013, 08:29:10 am »
Had things to do, places to go and people to meet. ;)  I've unplugged from the financial world for a bit so I can't really tell you who is fighting whom and why, but I can tell you I really hate reality shows and I love the new van Gogh painting which was discovered but I guess you don't want to hear about it. :D  Plugged right back in now and will catch up soon on financials, just need to figure out what's going on with the bigger picture.

jaDEB

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Re: Today's Outlook
« Reply #311 on: September 10, 2013, 08:46:29 am »
Imagine how many OCE or CML shares you can buy if you had it and sold it..

The Van Gogh Museum in Amsterdam said Monday that it has identified a long-lost Vincent Van Gogh painting that spent years in a Norwegian attic because it was thought to be "fake."
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

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Re: Today's Outlook
« Reply #312 on: September 10, 2013, 09:07:03 am »
 :wtf: Sell it? Never.

Moonraker

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Re: Today's Outlook
« Reply #313 on: September 10, 2013, 01:16:22 pm »
The deficit on SA’s current account - the broadest measure of trade in goods and services - widened more than expected in the second quarter, to 6.5% of gross domestic product (GDP) from a deficit of 5.8% of GDP in the first quarter, the Reserve Bank reported on Tuesday.

“We would have thought the rand would have weakened more on the deficit number that came in worse than expected this morning. It is not a good figure,” RMB currency trader Jim Bryson said.

Moneypenny

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Re: Today's Outlook
« Reply #314 on: September 11, 2013, 08:10:21 am »
Syria backed down and will reveal locations of their chemical weapons stockpiles and will also stop making new ones in an effort to avoid military strikes against them. Its peace on earth and love to all mankind for now.  Markets steaming ahead until the next hurdle, which ironically enough would be upbeat worldwide economic data and recovery.  Funny how the word 'tapering' wasn't mentioned recently. Want to bet it will pop up before the end of this week? It almost seems humans flourish on drama and a constant need to be in flux.

Healthcare, insurance and household goods had a good day yesterday, KGMedia, Steinhoff, Mondi, Aspen, Afrimat & Naspers (R902.50) all made new highs

Oil retreating as expected, Asia mixed, IGMT40 +115, VIX -7.0%, Moons F&G at 43 Fear, same as a month ago - just a reminder last week we were at 17 Extreme Fear.