07/27/2012 Live Update

[Cobra]

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Gap up above yesterday's high so the gap might not be filled.

Nothing to say on Global ES, it looks not bad. This up leg is strong, so usually the very first pullback would be bought, at least another leg up.

[OverUnder]

Merkel/Hollande press conference moments ago, "We are ready to do anything to protect the Euro region". "Feel deeply duty bound to keep the Eurozone intact."

[OverUnder]

VXX incoming!

[ronrico]

gold the precious hit an important down trend line today. looking like we have another july bottom working this year.

[Anaconda]

Merkel/Hollande press conference moments ago, "We are ready to do anything to protect the Euro region".

Do you have a link? I am leery of all the hot air and lies coming from European "news" sources and their government sponsor/paymasters. The news reported that she has been on vacation all week (see 5-6 paragraphs down: http://www.bloomberg.com/news/2012-07-2 ... on-1-.html), which is why I find the quotation above less than believable.
Thanks,
A.

[Cobra]

the open.

[ClarkW]

Merkel/Hollande press conference moments ago, "We are ready to do anything to protect the Euro region".

Do you have a link? I am leery of all the hot air and lies coming from European "news" sources and their government sponsor/paymasters. The news reported that she has been on vacation all week (see 5-6 paragraphs down: http://www.bloomberg.com/news/2012-07-2 ... on-1-.html), which is why I find the quotation above less than believable.
Thanks,
A.

The spoke on the phone, it's at the top of cnbc.com in the "breaking news, story developing" which means it's likely just more jawboning

[Al_Dente]

Intervention trumps all
Did China just start stimulus?
http://www.bloomberg.com/news/2012-07-2 ... -plan.html

[Anaconda]

Merkel/Hollande press conference moments ago, "We are ready to do anything to protect the Euro region".

Do you have a link? I am leery of all the hot air and lies coming from European "news" sources and their government sponsor/paymasters. The news reported that she has been on vacation all week (see 5-6 paragraphs down: http://www.bloomberg.com/news/2012-07-2 ... on-1-.html), which is why I find the quotation above less than believable.
Thanks,
A.

The spoke on the phone, it's at the top of cnbc.com in the "breaking news, story developing" which means it's likely just more jawboning

Yes. Thanks. That's just what I'm thinking. The usual hype to prop things up until the next "breaking story" to prop things up, just a little bit longer.

[Anaconda]

For what it's worth, I've had 2 p-bars down to 132.50 on the SPY in the last 9 minutes.
A.

[OverUnder]

It was on a live news feed and presented as a press conference, not a rumor.

Merkel/Hollande press conference moments ago, "We are ready to do anything to protect the Euro region".

Do you have a link? I am leery of all the hot air and lies coming from European "news" sources and their government sponsor/paymasters. The news reported that she has been on vacation all week (see 5-6 paragraphs down: http://www.bloomberg.com/news/2012-07-2 ... on-1-.html), which is why I find the quotation above less than believable.
Thanks,
A.

[Al_Dente]

amzn opens up 10p on earnings miss
sure, ok, everything makes sense

[EkOnkaar]

Bradley Sideograph indicates a market turn on July 28th. Do we think it's turning lower or higher?

[Al_Dente]

Correction: amzn up 14p
EKONKAAR: Try paging “Tradergirl” a bit later; she knows all that good stuff
PETSAMO: This is all yr fault (EWP)
1 min

[knock]

For what it's worth, I've had 2 p-bars down to 132.50 on the SPY in the last 9 minutes.
A.

137.7 first

[KENA]

The strong stocks ticked up yesterday.Now watch do we break past the the last lower hi.If not the mkt. may in a little trouble.

Chart bt Stocktiming.

[Cobra]

nothing to say. a good start, so I assume more up?

[KENA]

Liquidity ticked up a bit..It did break out on the dn side but pulled back into the triangle..Now lets see if it will break out on the up side..If it stays in the triangle expect more of a choppy mkt. (chart by stocktiming)

[Al_Dente]

Spain bonds (below 7% = everything b fine)
http://www.bloomberg.com/apps/quote?ticker=GSPG10YR:IND

[Cobra]

fib info. usually should go like this.