JillyB said:Does anyone using CMC to trade the DOW have spikes at 15.09 - down to 1000 and 15.10 up to 11,450 showing on their charts?
They have totally wiped out my charts making it impossible to see what is going on.
I have asked CMC dealing desk, but no repsonse as yet.
I have restarted the program as well, but they are still there.
Any thoughts on why? Or what they are?
leovirgo said:I use CMC CFD chart and advfn.com real-time streaming chart, there's no spike in CMC although their quotes were far away from prices shown in advfn. 10pts ups and downs taking place in a minute!!
leovirgo said:I use CMC CFD chart and advfn.com real-time streaming chart, there's no spike in CMC although their quotes were far away from prices shown in advfn. 10pts ups and downs taking place in a minute!!
It's a horizontal straight line for 20 mins. Finspreads' also suspended internet trades. My Tradestation Futures platform says CBOT data feed is the problem. Thank god I am flat at the moment.dick_dastardly said:leovirgo
I'm having problems with ADVFN streaming charts today. Is it working OK for you ?
leovirgo said:It's a horizontal straight line for 20 mins. Finspreads' also suspended internet trades. My Tradestation Futures platform says CBOT data feed is the problem. Thank god I am flat at the moment.
The age old debate - everyone seems to have a firm view either for or against and both sides have a case.Pat494 said:Sorry to see some got stopped out yesterday, when without a stop they would have made a tidy profit. It raises that thorny question of stops again.
Personally in an oscillating market I don't even have a very long stop. I know that this is heresy for some BUT if you are able to have some recent historically based factual confidence then imho one doesn't need a stop and just accept the sure fact that occasionally one gets it wrong ( usually an unforeseen fundamental event ). These occasional events should be more than adequately be compensated for by all the plusses.
If one is a little unsure then don't bet against the trend.
Any views ??
Todays upswing in the SPX & NDX has been lacklustre compared to yesterday morning. Dow hasen't really attacked resistance at 11250 either after failing to breach this level over the past few days. Can't see what might push it up in the last 90 minutes of trading or what would spark a sell off. It may just hang out in the 11180 - 11230 range until the close.macbonzo said:This market is very much a trader's market at the moment. Holding positions for a number of days can be tricky, when we seem to be in no man's land. Often you have to adapt your trading framework to different types of markets. Today, we do have oil well down from yesterday's highs of $67.90, which is normally a big positive for the market. One issue, does occur to me though - If the oil and oil services sectors (2nd largest weighting on the S&P) is not driving this market upwards, which sector takes up the slack?
Yesterday's sell off took me by surprise. True, the Nasdaq never looked that strong, but to give up all those gains so late in the afternoon seemed odd. Maybe people overdid the buying in the morning, expecting more money coming into the market.
I wonder if we will see the same thing today? Again the Nasdaq advance/decline line is nothing great.
Any guesses on where we will end up by close?
Racer said:briefing.com Lately, the equity market has not responded to energy price action in a very consistent manner. For example, both intra-day spikes and late-day slides went under yesterday’s radar, but an extended decline in crude was a reason behind today’s rally.
In the early going, the Treasury market staged a recovery. With that, stocks rose and followed Treasuries’ direction for part of the session. Bond traders lacked a catalyst, however, and demonstrated some caution ahead of Friday’s much anticipated Employment report. At the close of equity trade today, the 10-year was yielding 4.87%. That still leaves it at a 22-month high, but the facts that bonds were less defensive and their yields stood relatively still provided some relief for the stock market.
so yield at 22 month high, oil not far off highs.... better hope for higher yields and higher oil prices by that logic.... the market should make further significant gains
Good illustration of the point being made above although this is a rather exaggerated example !Jerry Olson said:Good Evening Racer
Higher interest rates and higher crude will at some point crush this market for sure. The post period following the next FOMC meeting may be the time to regroup and rethink what is about to happen if the FED does not stop right then and there.
However i am very bullish right now and fully expect for the next 30 days a ballistic rally to scare even the most ardent Bears into a full capitulation mode. When that actually happens i'll short the hell out of this market. Till then? I am long and strong with stops at all costs..
Someone somewhere mentioned not using stops? They must simply be nuts! Trading your hard earned money without protection is tant amount to a lunatic running amok in the crazy house................
everyone trust me please always use stops......period
have a great restful evening all.