Gains in the last week may not be sustainable. The Fed is becoming irrelevant. Even after they cut rates, the index still didn't increase
For the week, the Dow gained 4.4% and the S&P 500 gained 4.9%, with both indexes closing higher for the second week in a row.
The Nasdaq gained 3.8% for the week, ending higher on a weekly basis for the first time this year.The week ahead is light on economic news, but brings a number of key earnings reports. Highlights include Walt Disney. Tuesday, Cisco Systems and Time Warner on Wednesday.
HA! HA! HA!
REMIND ME OF THE SHOW MAXIMUS :
" YOU JUST WON'T .......................DIE !"
Market Overview
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
OMG,
Dow up 200 +, meaning we went down for 3 days while US went up for 3 days. Haha such a good market, we might gap up today and close lower on more unknown fears again. The gap between US and STI getting bigger .......
Dow up 200 points!
The reason they go down today sooo much is due to bond insurers...MBIA...and later on, DOW surge upwards due to bond insurers...MBIA...again....
One news, two sides, bringing markets swinging down and up
Sea of red will create panicky situation....to make matter worse, weekend is round the corner and most investors will sideline...
-180 on open
Wah piang... very very bad.... Europe all red. Later Dow sure lao sai one...
| ^ATX | ATX | Austria | 3,771.44 | Components, More | |
| ^BFX | BEL-20 | Belgium | 3,664.40 | More | |
| OMXC20.CO | OMXC20.CO | Denmark | 407.57 | Components, More | |
| ^FCHI | CAC 40 | France | 4,800.88 | More | |
| ^GDAXI | DAX | Germany | 6,777.74 | More | |
| ^AEX | AEX General | Netherlands | 433.45 | More | |
| ^OSEAX | OSE All Share | Norway | 460.41 | Components, More | |
| ^MIBTEL | MIBTel | Italy | 25,707.0000 | Components, More | |
| ^IXX | ISE National-100 | Turkey | 92.58 | 0.00 (0.00%) | More |
| ^SMSI | Madrid General | Spain | 1,431.81 | Components, More | |
| ^OMXSPI | Stockholm General | Sweden | 307.28 | More | |
| ^SSMI | Swiss Market | Switzerland | 7,503.23 | More | |
| ^FTSE | FTSE 100 | United Kingdom | 5,749.80 | Components, More |
There are only 2 scenarios to bet
1 - US slight recession - slow growth later like Dr Tan said
2 - Mkt crash at last rate cut with recession BAD
Take your pick
Whatever, there will be blood
Then it is time to buy - if you are still not paralize with fear
That's bad.....look like the Fed's rate cut is a non-event afterall, ie. Dow went up 200 points after the cut of 50 basis points and ended -30 points as people profit taking.
Asia will corrrespond accordingly???
dow trading in negative (-50) before decision, fed cuts 0.5, dow rise up to as high as +120, but selling pressure caused dow to close near the day's low.
US is going into a recession afterall...
if they really did cut 75pct, u better run tml than be happy..
News will be out only at 3.15am.
Hehe, perhaps they'll decide to give .25% to the discount rate and .75% to the fed funds rate. But this is wishful thinking.
Just wondering, is it possible for the Feddies to give rate adjustments that are not in.25% intervals?
Hello! all there, good morning. Just finished 32 emails owing to lazyness lately, didn't blame the market. No news yet? .5 or .75 cheers.
its 1.36am now...i think i can still see in some other forums ppl are still awake waiting for tt Fed announcement...gEez* will definitely affect shares directions globally...even the US markets charts for DJI...i very long never see stable sidelining trends (fluctuating within 10-20 points only..as compared to 100+ points for the past mth) within the day for soooooooooooooooooooooooo long liao~!
Everyone is anticipating 0.5% cut. There is a slight possibilty that FED will cut 0.75%, now that the numbers of US economy slowed to 0.6% growth. FED cut 0.75% nine days ago as they saw stock mkt futures fall by almost 700 points during their holiday. It shows that FED do not wish to see mkt crash that way. I just have a feeling that they will cut 0.75% this time again. Just my guess.
Eldarchen,
currently, the stock is more of emotional analysis (see VIX chart more) than tehnical as the charts does not tell me much except it is still in downtrend. just that there are signs of short term bottoming. for me, i can trade both long or short as long as there is a clear trend. i dun really mind bulls or bears, just that i would prefer bulls as i hope everyone are happier..
US is not in recession yet and recession happens officially when a country is in 2 consecutives Q of increasing negative growth.
there are many countries with politcal and economical reasons, will help cushion US from this recession or delayed for a year or so..
Caveat Emptor
How will the Fed announce??? Cut by 25 basis points will be considered too little and if cut by 50 basis points too much leading to negative thinking....
Let's think out of the box....a friend told me, what if the Fed gives everyone a surprise tonight by raising the interest rate by 25 basis points since the SG's incidents create a fake impression which led to Fed cutting 75 basis points. That will really turn the market upside down.
Really get one thinking....although the possibility and probability is very narrow..........hee hee...