11/01/2012 Live Update

[uempel]

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

Thanks, I did not know. I have direct access to Eurex and can trade FDAX, which is dangerously fun Most crazy index, but very rewarding.

[uempel]

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

Thanks Jack, I like it. As to the red channel here - SPX trying to get back in

[Petsamo]

Interesting:

Withholding-Tax Collections Steady in October
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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.

So things are getting better, for the last 4 years ?
We can now start buying steel ?

[fehro]

SPX 15m

[MrMiyagi]

[MrMiyagi]

IWM

[uempel]

Guys, just a reminder that there is a signal just ahead. I can't stay, it's my lady's birthday today and I have some chores I didn't give her a Bugatti (she really loves her Toyota, which is 10 years old ) but she's being spoilt...

[TraderJoe]

ENJOY!!!

[Cobra]

I don't like this pullback but I'll give bulls more times. lunch time, will be back.

[fehro]

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.

So things are getting better, for the last 4 years ?
We can now start buying steel ?

maybe not yet...

http://www.benzinga.com/analyst-ratings ... g-iron-ore

[MrMiyagi]

Thanks for the charts uempel.

[ClarkW]

Guys, just a reminder that there is a signal just ahead. I can't stay, it's my lady's birthday today and I have some chores I didn't give her a Bugatti (she really loves her Toyota, which is 10 years old ) but she's being spoilt...

Thanks for the charts, Uempel!

[uempel]

Thanks for the charts uempel.

You are very welcome, here the chart with the signal and so far it looks as though it's bearish...

[ClarkW]

Steady as she goes still?

the bias still is up, maintain the target.

Great song by the Raconteurs

[TraderGirl]

Guys, just a reminder that there is a signal just ahead. I can't stay, it's my lady's birthday today and I have some chores I didn't give her a Bugatti (she really loves her Toyota, which is 10 years old ) but she's being spoilt...

have fun uempel!

[Jack12]

Guys, just a reminder that there is a signal just ahead. I can't stay, it's my lady's birthday today and I have some chores I didn't give her a Bugatti (she really loves her Toyota, which is 10 years old ) but she's being spoilt...

Thanks for the charts, Uempel!

Thanks a million and wish your missus a Happy Brithday from all of us , we got her a "thought" cause thats all that counts, right....right!!!

[Petsamo]

We can now start buying steel ?

maybe not yet...

http://www.benzinga.com/analyst-ratings ... g-iron-ore

Coal (KOL) has been doing great in the past few weeks

[Al_Dente]

Guys, just a reminder that there is a signal just ahead. I can't stay, it's my lady's birthday today and I have some chores I didn't give her a Bugatti (she really loves her Toyota, which is 10 years old ) but she's being spoilt...

THANKS uempel
have fun
spoil her rotten [edit: intraday only; IMHO]

[Petsamo]

IWM looks like it wants to turn up

[Me XMan]

Okay I'm in for another bounce.

IWM looks like it wants to turn up