S&P 500 & other indexes - intraday. Plus chat
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robster970
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Pat494
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Too tired to trade today Pat...
Like the new avatar
Glad you like the pic. How about giving bender a rest too ?
I was thinking of sending DT a red cross parcel his avatar looks so ill.
wallstreetwarrior87
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jungerns
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Take it you're in Thailand....??
DionysusToast
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Yeah - total pile of crap the connection here, sometimes...
jungerns
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I was up in Khorat and Buriram for 2 months in 2011 and ran the SB accounts off a Dongle with an Edge connection. I really didn't notice anything different in speed compared to Broadband at home !!
rathcoole_exile
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that's not an avatar, that's Pedro's actual passport photo
taken the morning after a late night out in go-go land
Pat494
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..
US STOCKS-Wall St up for fourth week as payrolls jump
Reuters - UK Focus – Fri, Aug 3, 2012
* Payrolls data tops expectations, services sector grows
* S&P up for fourth week, hits 3-month high
* Knight up in volatile trading as company fights to survive
* Indexes up: Dow (NYSE: DPD - news) 1.7 pct, S&P 1.9 pct, Nasdaq (Nasdaq: ^NDX - news) 2 pct
By Rodrigo Campos
NEW YORK (Frankfurt: A0DKRK - news) , Aug 3 (Reuters) - Wall Street rallied to its highest level since early May on Friday on a stronger-than-expected U.S. jobs report and renewed hope European authorities would act to contain the euro zone debt crisis.
Though European Central Bank President Mario Draghi disappointed investors on Thursday by not signaling immediate action to roll back the euro zone crisis, investors taking a second look at his comments concluded help might still be on the way.
Meanwhile, U.S. employers hired the most workers in five months in July, countering negative sentiment from several weeks of poor U.S. economic data. However, the figures were still not so strong that they would keep the Federal Reserve from providing more economic stimulus.
"They're not going to stand down, but they don't have to be as ready to go as they were a few days ago," said John Manley, chief equity strategist at Wells Fargo Funds Management in New York, adding that the data dispelled some of investors' worst fears about the economy.
"People got very worried over the last weeks but it looks like the U.S. economy is not falling off the face of the earth."
Bank shares, which would be among those to benefit the most from an improving economy, posted strong gains and financials was the best performer of the top 10 sectors of the S&P 500.
Knight Capital (NYSE: KCG - news) shares rose 57 percent to $4.05 as some major clients said they would resume trading with the embattled company. Knight lost $440 million after a software glitch flooded the stock market with errant trades on Wednesday. The weekly loss for the stock was about 60 percent.
The Dow Jones industrial average rallied 217.29 points, or 1.69 percent, to 13,096.17. The S&P 500 jumped 25.99 points, or 1.90 percent, to 1,390.99. The Nasdaq Composite added 58.13 points, or 2 percent, to 2,967.90.
The S&P 500 had fallen more than 1.5 percent in the past four sessions as investor hopes for central bank stimulus measures faded. For the week, the Dow rose 0.2 percent, the S&P gained 0.4 percent and the Nasdaq rose 0.3 percent.
It was the fourth straight week of gains for the S&P and Dow and the third for the Nasdaq.
The European Central Bank indicated on Thursday it may start buying government bonds again to reduce crippling borrowing costs for Spain and Italy, even if its head Mario Draghi indicated that any intervention would not come before September.
Traders said Friday Draghi's comments meant that new stimulus measures could arrive soon, giving a boost to the battered Spanish and Italian equity markets and lifting U.S. equity futures even before the payrolls report. The pace of growth in the vast U.S. services sector edged up in July as new orders gained, but a measure of employment fell to its lowest level in nearly a year, according to an industry report released on Friday.
Dow component Procter & Gamble Co advanced 3.1 percent to $65.50 after the world's largest household products maker posted a higher-than-expected quarterly profit and said it would repurchase $4 billion worth of its shares this fiscal year.
LinkedIn Corp jumped 16 percent to $108.51 after the professional networking site reported higher-than-expected revenue and raised its full-year outlook as it pocketed more money from subscribers, services aimed at businesses and advertising.
According to Thomson Reuters (Toronto: TRI.TO - news) data, of the 402 companies in the S&P 500 (SNP: ^GSPC - news) that have reported second-quarter earnings through Friday morning, 68 percent have beaten analysts' expectations, which is consistent with the past four quarters.
About 6.5 billion shares changed hands on the New York Stock Exchange, NYSE MKT and the Nasdaq, slightly below the daily average so far this year of 6.75 billion.
Advancing issues beat decliners by a ratio of almost 5 to 1 while on the Nasdaq more than three issues rose for every one that fell.
...
.
US STOCKS-Wall St up for fourth week as payrolls jump
Reuters - UK Focus – Fri, Aug 3, 2012
* Payrolls data tops expectations, services sector grows
* S&P up for fourth week, hits 3-month high
* Knight up in volatile trading as company fights to survive
* Indexes up: Dow (NYSE: DPD - news) 1.7 pct, S&P 1.9 pct, Nasdaq (Nasdaq: ^NDX - news) 2 pct
By Rodrigo Campos
NEW YORK (Frankfurt: A0DKRK - news) , Aug 3 (Reuters) - Wall Street rallied to its highest level since early May on Friday on a stronger-than-expected U.S. jobs report and renewed hope European authorities would act to contain the euro zone debt crisis.
Though European Central Bank President Mario Draghi disappointed investors on Thursday by not signaling immediate action to roll back the euro zone crisis, investors taking a second look at his comments concluded help might still be on the way.
Meanwhile, U.S. employers hired the most workers in five months in July, countering negative sentiment from several weeks of poor U.S. economic data. However, the figures were still not so strong that they would keep the Federal Reserve from providing more economic stimulus.
"They're not going to stand down, but they don't have to be as ready to go as they were a few days ago," said John Manley, chief equity strategist at Wells Fargo Funds Management in New York, adding that the data dispelled some of investors' worst fears about the economy.
"People got very worried over the last weeks but it looks like the U.S. economy is not falling off the face of the earth."
Bank shares, which would be among those to benefit the most from an improving economy, posted strong gains and financials was the best performer of the top 10 sectors of the S&P 500.
Knight Capital (NYSE: KCG - news) shares rose 57 percent to $4.05 as some major clients said they would resume trading with the embattled company. Knight lost $440 million after a software glitch flooded the stock market with errant trades on Wednesday. The weekly loss for the stock was about 60 percent.
The Dow Jones industrial average rallied 217.29 points, or 1.69 percent, to 13,096.17. The S&P 500 jumped 25.99 points, or 1.90 percent, to 1,390.99. The Nasdaq Composite added 58.13 points, or 2 percent, to 2,967.90.
The S&P 500 had fallen more than 1.5 percent in the past four sessions as investor hopes for central bank stimulus measures faded. For the week, the Dow rose 0.2 percent, the S&P gained 0.4 percent and the Nasdaq rose 0.3 percent.
It was the fourth straight week of gains for the S&P and Dow and the third for the Nasdaq.
The European Central Bank indicated on Thursday it may start buying government bonds again to reduce crippling borrowing costs for Spain and Italy, even if its head Mario Draghi indicated that any intervention would not come before September.
Traders said Friday Draghi's comments meant that new stimulus measures could arrive soon, giving a boost to the battered Spanish and Italian equity markets and lifting U.S. equity futures even before the payrolls report. The pace of growth in the vast U.S. services sector edged up in July as new orders gained, but a measure of employment fell to its lowest level in nearly a year, according to an industry report released on Friday.
Dow component Procter & Gamble Co advanced 3.1 percent to $65.50 after the world's largest household products maker posted a higher-than-expected quarterly profit and said it would repurchase $4 billion worth of its shares this fiscal year.
LinkedIn Corp jumped 16 percent to $108.51 after the professional networking site reported higher-than-expected revenue and raised its full-year outlook as it pocketed more money from subscribers, services aimed at businesses and advertising.
According to Thomson Reuters (Toronto: TRI.TO - news) data, of the 402 companies in the S&P 500 (SNP: ^GSPC - news) that have reported second-quarter earnings through Friday morning, 68 percent have beaten analysts' expectations, which is consistent with the past four quarters.
About 6.5 billion shares changed hands on the New York Stock Exchange, NYSE MKT and the Nasdaq, slightly below the daily average so far this year of 6.75 billion.
Advancing issues beat decliners by a ratio of almost 5 to 1 while on the Nasdaq more than three issues rose for every one that fell.
...
.
Pat494
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Mon Aug 6
1:30am AUD MI Inflation Gauge m/m 0.2% -0.2%
2:30am AUD ANZ Job Advertisements m/m -0.8% -1.1%
6:00am JPY Leading Indicators 92.6% 93.0% 95.2%
8:00am GBP Halifax HPI m/m -0.6% -0.5% 0.8%
9:30am EUR Sentix Investor Confidence -30.8 -29.6
All Day CAD Bank Holiday
2:00pm USD Fed Chairman Bernanke Speaks
11:45pm NZD Labor Cost Index q/q 0.6% 0.5%
1:30am AUD MI Inflation Gauge m/m 0.2% -0.2%
2:30am AUD ANZ Job Advertisements m/m -0.8% -1.1%
6:00am JPY Leading Indicators 92.6% 93.0% 95.2%
8:00am GBP Halifax HPI m/m -0.6% -0.5% 0.8%
9:30am EUR Sentix Investor Confidence -30.8 -29.6
All Day CAD Bank Holiday
2:00pm USD Fed Chairman Bernanke Speaks
11:45pm NZD Labor Cost Index q/q 0.6% 0.5%
The Leopard
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Best avatar I've ever seen on this site. Can I ask why you chose him?
Pat494
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DionysusToast
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6th August, 2012
Europe up, Asia well up.
Overnight volume is about 50k below average @ 8:30am.
Bernanke throwing a spanner in the works from 9am onwards.
Year high 1413.25 within reach, could be a nice pop when we get there or we could honour this new short term balance area and head back down to 68 before turning up again.
Fridays high was 1390.50, so early on will be watching to see if that will hold, possibly we'll push down to 1389.50 to fill the gap.
Also of interest from Friday is the 1384.50 area that we bounced off a few times.
Longs : 1390.50, 1389.50, 1387.25 (ONH) 1384.50, 1378.75, the open price
Shorts : 1400, 1395.25 (LVN above value), 1393.25, 1400
Europe up, Asia well up.
Overnight volume is about 50k below average @ 8:30am.
Bernanke throwing a spanner in the works from 9am onwards.
Year high 1413.25 within reach, could be a nice pop when we get there or we could honour this new short term balance area and head back down to 68 before turning up again.
Fridays high was 1390.50, so early on will be watching to see if that will hold, possibly we'll push down to 1389.50 to fill the gap.
Also of interest from Friday is the 1384.50 area that we bounced off a few times.
Longs : 1390.50, 1389.50, 1387.25 (ONH) 1384.50, 1378.75, the open price
Shorts : 1400, 1395.25 (LVN above value), 1393.25, 1400
The Leopard
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A day for commenting on avatars it seems.
Whatever people's objections, will you please just put the Jigsaw one back? Your current one is putting me off my feed.
Whatever people's objections, will you please just put the Jigsaw one back? Your current one is putting me off my feed.
DionysusToast
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Might not trade today - feeling tired, family is away, might take the opportunity to have a looong uninterrupted sleep.
Will consider the merits of a new avatar too... I thought the Jigsaw connection was cute.
Will consider the merits of a new avatar too... I thought the Jigsaw connection was cute.
DionysusToast
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Failed to close the gap. Not a great entry but momentum was there.
I'm going to leave this on - already took 3 off, so now my b/e is down @ 1389.50. I feel like a push to 1400 is on the cards.
I'm going to bed and trust IB to do the necessary. Not the best trade management technique but I'm dog tired and I figure it's a coin toss now anyway...
I'm going to leave this on - already took 3 off, so now my b/e is down @ 1389.50. I feel like a push to 1400 is on the cards.
I'm going to bed and trust IB to do the necessary. Not the best trade management technique but I'm dog tired and I figure it's a coin toss now anyway...
Last edited:
robster970
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Couple of shorts - one at 1394.75 which I scratched but really should have taken some ticks off the table.
Another at 1394.50 which I have also scratched because it is base building around 94.
Another at 1394.50 which I have also scratched because it is base building around 94.
Pat494
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I don't know about you guys but my trading leaves much to be desired.
My SB seems to be hunting out my stops. So I put on a bigger stop ! Whammo that goes too by the smallest of margins.
Paper trading time to build a bit of confidence back up imho
My SB seems to be hunting out my stops. So I put on a bigger stop ! Whammo that goes too by the smallest of margins.
Paper trading time to build a bit of confidence back up imho
The Leopard
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I sat on the sidelines today as well, looks to be a good day to watch rather than do.
NQ has been grinding higher, but so choppy I would have been stopped out in any case. Early spike on YM but nothing since if you missed that. And ES, just not a lot doing all day.
robster970
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I don't think this is an uncommon feeling Pat. I go through phases of this, then a spurt of improvement/refinement and then when that normalises the feeling returns.
Providing for every step back you take you are taking 2 steps forward, then things will pan out OK Pat.
Regarding stops, think about what they are - they are cheap liquidity to somebody with deeper pockets. It won't be your SB taking you out, it will be bigger participants taking weaker hands out on the main indices.
What's going on Pat if you don't mind me asking?
