06/05/2013 Live Update

[Al_Dente]

enjoy a little song; bulls will be back sometime tomorrow

bear song.png (209.01 KiB) Viewed 2615 times

[TraderGirl]

Any news coming out tomorrow? data?? that could send us lower??
I know NFP on Friday....but anything tomorrow?

Initial jobless claims (one of the 10 “classic” Leading Economic Indicators)

Continuing jobless claims

Bloomberg Consumer Confidence (only the Univ Michigan sentiment is “important” as it is another one of the “classic” Leading Economic Indicators)

Thanks Al !! You da man!!

Also, TG, use this link for info... http://www.forexfactory.com/calendar.php

Thanks VM...

[Cobra]

well, guess that's it for today. need dig a little for tomorrow. Thursday has been a little bit bear friendly recently though. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859

[TraderGirl]

This chart finessed a little better... bye guys see you tomorrow...

[Al_Dente]

SURPRISE
Just as they r getting ready to add GM back into the SPX [tomorrow?] so that all indexed-portfolios have to buy it,
GUESS WHO IS SELLING [tomorrow]
http://finance.yahoo.com/news/treasury- ... 4.html?l=1

[TWT]

$SPX: In my opinion one more lower low is needed

[MrMiyagi]

SURPRISE
Just as they r getting ready to add GM back into the SPX [tomorrow?] so that all indexed-portfolios have to buy it,
GUESS WHO IS SELLING [tomorrow]

GM popped yesterday after the announcement.

[Al_Dente]

ATTENTION CONTRARIANS:
I am not a fan of Farrell/MarketWatch, but this headline caught my eye:
“Poll: 87% See Risk of Stock Crash by year-end”
http://www.marketwatch.com/story/doomsd ... e_carousel

[surrogate]

If tomorrow is lower, time to load up the truck.

Like Cobra said on May 22nd (first meaningful pullback...)

And also this is the first time that S&P is testing the 50DMA in a while. Time for a big bounce!

[knock]

spy falling wedge?

[TWT]

$DAX: So far the pattern is suggesting more down side price action

[TWT]

$EURUSD: It could be an ED but who know what happens with Super Mario´s show