11/01/2012 Live Update

[uempel]

The signal is set for 12:00 to 12:40 p.m

[Petsamo]

They're selling EWG (Germany)

??????

EWG is a US ETF with German companies. The German DAX futures probably tracks it. EWG was at around $23.12 when Europe closed. Currently, EWG is at 23.07

[TraderGirl]

Hi TraderGirl,
Here is a late BD present, only a picture but as you said, "it's the thought that counts."
http://www.bloomberg.com/image/i37pcQ3XpDfY.jpg

Thanks TJ!! It is the thought that counts...nice car...I'll take it graciously..

[TraderGirl]

Apparently I know the lady better than you guys - she likes Astons

Hi TraderGirl,
Here is a late BD present, only a picture but as you said, "it's the thought that counts."
http://www.bloomberg.com/image/i37pcQ3XpDfY.jpg

mmm Bugatti, man you make me jealous

Yes uempel I like Aston's for cruising, but I like to drive fast also....

[toddymc]

Bot SPY 143 calls @ 1.3

Looking at the 1228 level ES for exit--
Also monitoring FTSE today, got chopped up at the close yesterday

[quientuves]

Apparently I know the lady better than you guys - she likes Astons

Martins or Kutchers?

[uempel]

Apparently I know the lady better than you guys - she likes Astons

Martins or Kutchers?

[Me XMan]

Breaking up would make bears running cover?

SPY Stochastics 5 minutes and more are pegged to the ceiling.

[Al_Dente]

call me old fashioned
i still like my bikes

[Cobra]

the bias still is up, maintain the target.

[Jack12]

call me old fashioned
i still like my bikes

bike.png

glad you used the plural

[TraderGirl]

call me old fashioned
i still like my bikes

bike.png

Too funny!

[Jack12]

call me old fashioned
i still like my bikes

bike.png

glad you used the plural

[Petsamo]

IWM knows what direction down is ... for now

[L_T]

Interesting:

Withholding-Tax Collections Steady in October
Email this post Print this post
By Barry Ritholtz - November 1st, 2012, 11:30AM

Matt Trivvisanno gives us the early look at ttomrorws NFP data via withholding data:

“Over the past three weeks, the year-over-year growth rate of federal withholding-tax collections was a respectable 4.72%. Using a longer period for comparison on the chart:

(go here for chart and full article) http://www.ritholtz.com/blog/

Source: Daily Jobs Update

You can see that the surge that we saw in August and September has ended (look at the red line). However, the data has not gone into decline, so there does not appear to be any cause for alarm. Perhaps retailers are not staffing-up quite as much for the holiday shopping season this year. Maybe they are expecting Amazon.com to take share. In any case, things look steady and there should not be any nasty surprises in Friday’s non-farm payrolls report.

[KENA]

Watch the 50 dma at 1434.41..If mkt cannot break we may head for the 200dma at 1378 +/- Then lets see..IMHO

[uempel]

Jack, some of us might be less proficient in latin than you, pls translate: Faciamus et nos proelium et succedunt, ubi multi defecerunt

[Jack12]

Jack, some of us might be less proficient in latin than you, pls translate: Faciamus et nos proelium et succedunt, ubi multi defecerunt

keep trying and you will suceed, failure is not an option

[Me XMan]

Steady as she goes still?

the bias still is up, maintain the target.

[Al_Dente]

FIVE MINUTE CHART ONLY
little tiny H&S with neckline at 142.57