Monday soft open will be followed up with a merger rumor to boost S&P from -0.23% to +0.34% by 10 am.
Tuesday expect bad economic data to be papered over with spoofing at precisely 9:30 am.
Wednesday a thunderstorm may impact the eastern seaboard so a tech earnings report showing lower losses than expected will push the NASDAQ higher by +0.53%.
Thursday rumors of Greek deals saves the day.
Friday options work by Goldman and JPM will be backed by as needed takeover rumors. If that don't work Buffet is queued for a CNBC interview.
“Total first quarter volumes were down 2%, with particular softness in coal, industrial products and intermodal…By the end of 2014, we had seen full-year volume growth of 7% and we were fully resourced to meet this demand. Over the last few months, however, volume has shifted negative.
I am trying to justify the market and I simply cannot.
Up another 0.25% on 1/4 volume at mid-day. Low volume melt up, almost every day.
I am looking into opening a day trading account in China.
just print S&P 500 earnings on a Q/Q basis. It don't matter if they lower expectations for next Q, what matters is the actual earnings and revenue growth. HINT: There is no revenue growth and earnings are fractionally better, not enough to justify 5% S&P 500 rally until end of year.
Our food is getting destroyed, our water is scarce and rumors of war persist. The riders on the pale, black and red horses are running now.
Ex-transport -0.2% vs. +0.3% expected, -1.3% (revised from -0.4%) prior
The revision is the eye opener. Was -0.4% last month but was revised to -1.3% so last month was much,much worse than initially reported.
Thus the ramp in all world stock indexes at that time preventing the -0.43% "correction" that might have actually taken place.
yes, but what is their turn around plan? That's all that matters as we take NASDAQ to 6000.
It reminds me of my friend at the high school dance.
He had a wooden eye (family was poor and could not afford a glass eye) and was very self conscious about it. At the last dance of the year he finally worked up the nerve to ask the girl with the big ears to dance. You see, she also was self conscious about her large ears and was a wall flower her whole high school career also.
So he tells me, if she mentions my wooden eye, I going to point out her large ears!
He walks over and the girl is excitedly surprised, "would you like to dance with me?" asks my friend. The girl responds "WOULD I EVER" ... I could hear him yelling across the floor "BIG EARS! BIG EARS! BIG EARS! ...