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Oil's 7th Weekly Drop In A Row Drags Stocks To Worst Start To Year Since 2009
Quite a day and quite a week... and quite an ugly close...
The S&P - closing down 0.5% - had the worst first week of the year since 2009.
Stocks ended the day red (but don't blame the dreadful labor data under the surface because headlines were great - instead blame France!)... with an ugly close
Intraday from the Payrolls data...
and the week...
Homebuilders (thank you Obama) and Healthcare (Biotechs) led the week with Energy and Financials the laggards... (financials worst start to the year since 2009)
As financial stocks start to catch down to credit...
It appears stocks began to creep back down to reality in bonds... and USDJPY...
and crude...
Treasury yields tumbled 5-12bps (some notable steepening on the week)... not ethat bonds rallied every day from 8ET
The USDollar lost ground today (led by EUR and JPY strength) but closed the week at fresh 9 year highs...
Despite USD strength, gold and silver rose on the week, copper small loss and crude another big drop...
Commodities post-payrolls
Crude is down 14 of the last 15 weeks (and 7 in a row)...
Silver and Bonds lead 2015, stocks and oil lag...
Charts: Bloomberg
Bonus Chart: Some Y2K Food for Thought...
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There's some serious poltergeist activity in that video.
The crude chart looks too good to be true
BDI only one point above July 22 yearly low. Approaching that all time low of 642. Hip, hip, fuck a ship.
http://news.yahoo.com/texas-city-prepared-oil-boom-now-waits-bust-064011...
Y2K over one second? Whoop.....only algos care about that....and oh nuclear missiles
http://i.imgur.com/EyZSSCt.jpg
So is that trend line
They don`t put that in the brochure.
The magic force behind rearranging the deck chairs is the Fed, for all the good it'll do them.
that guy at the bar looks like DOC from the love boat!
http://en.wikipedia.org/wiki/Bernie_Kopell
Faceplant at 0:41!
My "How To Buy Stawks 101" book says many days of wild swings is a classic sign of a Market Top. Do I BTFT ( Buy The F**King Top)? I'm only on chapter one.
The terrorists won the week.
So far, 2015 has been great for day trading, with relatively large moves, most of which occur in the first 2 hours (except for the 5th). But … when it seems too easy, you just know what’s around the corner (algo cage fighting) but until then, it’s almost child’s play:
*updated 2015 nursery school rhyme:
If you're happy and you know it, buy the dips (clap clap)
If you're clever and you know it, sell the rips (stomp stomp)
If you're clever and you know it, your account surely show it
But if you get too clever -- Mr. Algo will disembowel you
Hey Tyler, you forgot to mention the ramp from Europe close to VWAP for a full 13 ES points , it was trade of the day after all. Easy when you know what to look for.
What do you look for?
At least for the Russell, an extremely high volume spike on a 2-min. candle, as we saw at 11:18, is often a clue machines are loading up for an emergency VWAP run. Unfortunately, I took an early lunch today and missed it (dang it). Otherwise, I think 2-min candles are largely used for fake-outs ...
Keltner gave the game away but also you need timing and the European close is normally the best time to run it back to VWAP BUT you do need a decent dip to buy, anything over 7 pts is acceptable.
Thanks, I think I see it now with the Bollinger Keitner squeeze on the SPY ETF.
$698,299,000,000 TOMO this week. Back to QE3 levels...
which could mean that the bottom is near as it was in March 9, 2009
this is a very good spot oil price website..........
bakken sweet this morning........ $31.94 ouch.
http://paalp.com/_filelib/FileCabinet/Crude%20Oil%20Price%20Bulletins/Daily/2015/2015-006_January_9_2015.pdf
Still on track for my target call
See previous related posts
1.59 a gallon in the Centennial State today. Dropping about .04 a day, so far as I can tell. All the vehicles full, all the jerricans full, tank # 1 full (300 gals.) and finally starting on tank # 2.
Having a big sale on mo-foking gasoline right before the world goes to shit. Is this a great country or what?
QE in oil
QE in oil
was that a mc donalds with the customers deleted?