Pat494
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Atilla
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League table updated bulls to bears and we have a 75 tick range between TwinToWin and Tar respectively.
Interesting to note the two averages are almost evenly split on either side 2018. How crazy is that???
All being well, weighted average - bulls should take the points. In theory anyway. 8 bulls v 4 bears. When there are so many buyers how can the indeces not go up? Good if not great indicator imo.
We have a new forecaster fairval and absence of a regular malaguti
Wishing you festive fun and prosperous trading
Interesting to note the two averages are almost evenly split on either side 2018. How crazy is that???
All being well, weighted average - bulls should take the points. In theory anyway. 8 bulls v 4 bears. When there are so many buyers how can the indeces not go up? Good if not great indicator imo.
We have a new forecaster fairval
and absence of a regular malaguti Wishing you festive fun and prosperous trading
Oops, Sorry dear chap, I try not to use dupe numbers, must have missed that one! We'll have to share the joy
Atilla
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Well done to VielGeld who takes gold this week with quite a few forecasts littered around the 2030 area.
Gaffs takes his fourth silver on the trot and that in it self is supperb consistency. Pat also in joint second gets silver too. :clap::clap:
Our new comer Fairval takes bronze. Good start to the competition.
...............................................................VielGeld
................................Pat & Gaffs..........................................FairVal
League table here... I've sorted the leaders in terms of Running Totals for the year (column CE) as these points will be the determining factor in distribution of prize money.
Not surprisingly Gaffs is leading on both counts with points for Qrt-4 and end of year.
Glad to see the averages knocked into 2nd and 3rd places.
Gaffs takes his fourth silver on the trot and that in it self is supperb consistency. Pat also in joint second gets silver too. :clap::clap:
Our new comer Fairval takes bronze. Good start to the competition.
...............................................................VielGeld
................................Pat & Gaffs..........................................FairVal
League table here... I've sorted the leaders in terms of Running Totals for the year (column CE) as these points will be the determining factor in distribution of prize money.
Not surprisingly Gaffs is leading on both counts with points for Qrt-4 and end of year.
Glad to see the averages knocked into 2nd and 3rd places.
Pat494
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Oops, Sorry dear chap, I try not to use dupe numbers, must have missed that one! We'll have to share the joy
No problem especially as we seem to have won silver.
:clap:
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Pat494
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NEW YORK, Oct 28 (Reuters) - U.S. stocks rose more than 1 percent on Tuesday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong earnings eased concerns about the outlook for corporate America.
The gains were broad, with all 10 primary S&P 500 sectors up on the day. Energy stocks were the day's biggest gainers, up 2.2 percent, while the Philadelphia SE Oil Service index gained 3.4 percent.
Adding to the day's positive tone was consumer confidence data, which hit its highest since 2007 in October. The report overshadowed a separate read that showed new orders for capital goods by U.S. businesses fell the most in eight months in September.
Amgen Inc climbed 6.1 percent to $157.19, among the top boosts for the S&P 500 and Nasdaq, a day after its 2015 outlook topped expectations. The Nasdaq Biotech index rose 1.3 percent.
The majority of U.S. companies reporting third-quarter results have beaten analysts' expectations so far, easing some worries about the impact of a stronger U.S. dollar and weak global demand.
"We haven't seen big global companies downgrade their outlooks because of the stronger dollar or anything else, so earnings coming in so strong has been a relief," said Channing Smith, co-portfolio manager of capital advisors growth fund at Capital Advisors in Tulsa, Oklahoma.
There have been some high-profile earnings disappointments. Twitter Inc fell 9.8 percent to $43.78 after it posted a slide in a closely watched measure of engagement, even as its user base grew in the third quarter.
The Dow Jones industrial average rose 187.81 points, or 1.12 percent, to 17,005.75, the S&P 500 gained 23.42 points, or 1.19 percent, to 1,985.05 and the Nasdaq Composite added 78.36 points, or 1.75 percent, to 4,564.29.
With the day's advance, the S&P 500 ended above its 50-day moving average for the first time since Sept. 29, a sign that momentum is turning more positive. The Russell 2000 jumped 2.7 percent and traded above its 200-day moving average for the first time since Sept. 19.
After the market closed, Facebook Inc posted revenue growth of almost 60 percent. Shares (Berlin: DI6.BE - news) were little changed in after-hours trading.
Investors were awaiting clues on the outlook for the U.S. economy from the Federal Reserve as the central bank commenced a two-day policy meeting. It is likely to reinforce expectations it will wait a long while before rising interest rates, although the Fed is all but certain to announce the end of its massive bond-buying stimulus.
Advancing issues outnumbered declining ones on the NYSE by 2,582 to 501, for a 5.15-to-1 ratio on the upside; on the Nasdaq, 2,171 issues rose and 526 fell for a 4.13-to-1 ratio.
The benchmark S&P 500 index posted 64 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 133 new highs and 36 new lows.
About 6.17 billion shares traded on all U.S. platforms, according to BATS exchange data, below the month-to-date average of 7.92 billion
The gains were broad, with all 10 primary S&P 500 sectors up on the day. Energy stocks were the day's biggest gainers, up 2.2 percent, while the Philadelphia SE Oil Service index gained 3.4 percent.
Adding to the day's positive tone was consumer confidence data, which hit its highest since 2007 in October. The report overshadowed a separate read that showed new orders for capital goods by U.S. businesses fell the most in eight months in September.
Amgen Inc climbed 6.1 percent to $157.19, among the top boosts for the S&P 500 and Nasdaq, a day after its 2015 outlook topped expectations. The Nasdaq Biotech index rose 1.3 percent.
The majority of U.S. companies reporting third-quarter results have beaten analysts' expectations so far, easing some worries about the impact of a stronger U.S. dollar and weak global demand.
"We haven't seen big global companies downgrade their outlooks because of the stronger dollar or anything else, so earnings coming in so strong has been a relief," said Channing Smith, co-portfolio manager of capital advisors growth fund at Capital Advisors in Tulsa, Oklahoma.
There have been some high-profile earnings disappointments. Twitter Inc fell 9.8 percent to $43.78 after it posted a slide in a closely watched measure of engagement, even as its user base grew in the third quarter.
The Dow Jones industrial average rose 187.81 points, or 1.12 percent, to 17,005.75, the S&P 500 gained 23.42 points, or 1.19 percent, to 1,985.05 and the Nasdaq Composite added 78.36 points, or 1.75 percent, to 4,564.29.
With the day's advance, the S&P 500 ended above its 50-day moving average for the first time since Sept. 29, a sign that momentum is turning more positive. The Russell 2000 jumped 2.7 percent and traded above its 200-day moving average for the first time since Sept. 19.
After the market closed, Facebook Inc posted revenue growth of almost 60 percent. Shares (Berlin: DI6.BE - news) were little changed in after-hours trading.
Investors were awaiting clues on the outlook for the U.S. economy from the Federal Reserve as the central bank commenced a two-day policy meeting. It is likely to reinforce expectations it will wait a long while before rising interest rates, although the Fed is all but certain to announce the end of its massive bond-buying stimulus.
Advancing issues outnumbered declining ones on the NYSE by 2,582 to 501, for a 5.15-to-1 ratio on the upside; on the Nasdaq, 2,171 issues rose and 526 fell for a 4.13-to-1 ratio.
The benchmark S&P 500 index posted 64 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 133 new highs and 36 new lows.
About 6.17 billion shares traded on all U.S. platforms, according to BATS exchange data, below the month-to-date average of 7.92 billion
Atilla
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This news is about two weeks old Pat :idea:
Cut and paste issue or would you like to change your forecast :cheesy:
Pat494
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You are right but there doesn't seem to be many alternatives and it is still relevant. Can search further if you think inappropriate ?
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Atilla
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Nope that's fine. Just that I thought they were weekly reports. No mention of ECB, Yelen or jobs numbers etc., but we know all this from last week anyhow.
Good luck
Atilla
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2038 - The year 2038 bug - is similar to the Y2K bug in that it involves a time-wrap problem not handled by programmers.
We are back to where we were before the October drop. Wondering how things have improved if at all? Simply more liquidity from Japan and ECB added to the couldron. Festive season should pick up a little with extra spending but hangover blues will not take long to kick in Jan/Feb next year.
I'm thinking market may continue to rise but feeling bearish.
We are back to where we were before the October drop. Wondering how things have improved if at all? Simply more liquidity from Japan and ECB added to the couldron. Festive season should pick up a little with extra spending but hangover blues will not take long to kick in Jan/Feb next year.
I'm thinking market may continue to rise but feeling bearish.
P
postman
1995.90 please.
samspade79
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2069
