01/11/2013 Live Update

[Cobra]

the up route was chosen as usual. I think SPY might test the morning high on this rebound.

[BullBear52x]

SMH...

you want to do the early bird thing eh? the gap up yesterday turn all my bearish signal to bull alert.

[Al_Dente]

Goldman Sachs' year-ago forecasts for 2012 (with the actuals in parentheses):
2012 U.S. real GDP up 1.8% (+2.3%), and global GDP up 3.2% (+3.1%);
2012 S&P 500 operating profits of $100 a share ($100 a share);
year-end 2012 S&P 500 price target at 1250 (1425);
2012 inflation of +1.7% (+2.6%); and
2012 closing yield on the U.S.10-year Treasury note at 2.50% (1.80%).

Dougie Kass’s 2012 forecasts won 50% of the time.
So why bother to read his 2013 forecasts? Just flip a coin, or follow your own charts…
http://www.thestreet.com/story/11805510 ... -2013.html

Likewise 50% win-rate on Blackstone’s 2012 forecasts, but the media takes this forecast shite VERY seriously…
(forecast for 2013: SPX below 1300, banks reverse all gains, VIX goes to 30, gold $1900, etc)
http://www.blackstone.com/news-views/de ... s-for-2013

[Tabby]

Goldman Sachs' year-ago forecasts for 2012 (with the actuals in parentheses):
2012 U.S. real GDP up 1.8% (+2.3%), and global GDP up 3.2% (+3.1%);
2012 S&P 500 operating profits of $100 a share ($100 a share);
year-end 2012 S&P 500 price target at 1250 (1425);
2012 inflation of +1.7% (+2.6%); and
2012 closing yield on the U.S.10-year Treasury note at 2.50% (1.80%).

Dougie Kass’s 2012 forecasts won 50% of the time.
So why bother to read his 2013 forecasts? Just flip a coin, or follow your own charts…
http://www.thestreet.com/story/11805510 ... -2013.html

Likewise 50% win-rate on Blackstone’s 2012 forecasts, but the media takes this forecast shite VERY seriously…
(forecast for 2013: SPX below 1300, banks reverse all gains, VIX goes to 30, gold $1900, etc)
http://www.blackstone.com/news-views/de ... s-for-2013

I am doing my own forcast. There will be a shortage in Spaghitti and sauce in 2013.

[Tutti]

Goldman Sachs' year-ago forecasts for 2012 (with the actuals in parentheses):
2012 U.S. real GDP up 1.8% (+2.3%), and global GDP up 3.2% (+3.1%);
2012 S&P 500 operating profits of $100 a share ($100 a share);
year-end 2012 S&P 500 price target at 1250 (1425);
2012 inflation of +1.7% (+2.6%); and
2012 closing yield on the U.S.10-year Treasury note at 2.50% (1.80%).

Dougie Kass’s 2012 forecasts won 50% of the time.
So why bother to read his 2013 forecasts? Just flip a coin, or follow your own charts…
http://www.thestreet.com/story/11805510 ... -2013.html

Likewise 50% win-rate on Blackstone’s 2012 forecasts, but the media takes this forecast shite VERY seriously…
(forecast for 2013: SPX below 1300, banks reverse all gains, VIX goes to 30, gold $1900, etc)
http://www.blackstone.com/news-views/de ... s-for-2013

I am doing my own forcast. There will be a shortage in Spaghitti and sauce in 2013.

Our propitiatory forecasts and internal channel checks show a strong overhead supply of spaghetti and sauce in 1H 2013 and we are subsequently short a basket of pasta themed issues. We do however see a consumers working through that inventory buy 2H 13 and will look to get long then (best analyst voice)

[deeko]

looks like a bull flag on SPX.

[BananaStand]

Goldman Sachs' year-ago forecasts for 2012 (with the actuals in parentheses):
2012 U.S. real GDP up 1.8% (+2.3%), and global GDP up 3.2% (+3.1%);
2012 S&P 500 operating profits of $100 a share ($100 a share);
year-end 2012 S&P 500 price target at 1250 (1425);
2012 inflation of +1.7% (+2.6%); and
2012 closing yield on the U.S.10-year Treasury note at 2.50% (1.80%).

Dougie Kass’s 2012 forecasts won 50% of the time.
So why bother to read his 2013 forecasts? Just flip a coin, or follow your own charts…
http://www.thestreet.com/story/11805510 ... -2013.html

Likewise 50% win-rate on Blackstone’s 2012 forecasts, but the media takes this forecast shite VERY seriously…
(forecast for 2013: SPX below 1300, banks reverse all gains, VIX goes to 30, gold $1900, etc)
http://www.blackstone.com/news-views/de ... s-for-2013

I am doing my own forcast. There will be a shortage in Spaghitti and sauce in 2013.

Our propitiatory forecasts and internal channel checks show a strong overhead supply of spaghetti and sauce in 1H 2013 and we are subsequently short a basket of pasta themed issues. We do however see a consumers working through that inventory buy 2H 13 and will look to get long then (best analyst voice)

On CNBC they have to have both sides, so I'll be the guy who says we show a very weak overhead supply of spaghetti & sauce in 1H 13 and are very long, looking to get short 2H 13.

Then, we'll need the CNBC moderator to stoke imaginary unnecessary fears: "Should our viewers be concerned about the rash of cancer and STDs thought to be related to consumption or avoidance of pasta products? And why isn't AAPL competing in this category? Innovation is dead without Jobs."

[Out of Bounds]

I am planting spaghetti trees.

[KeiZai]

BB next dip is a buy in your reading?

NG

just a guess

[TraderGirl]

SMH...

you want to do the early bird thing eh? the gap up yesterday turn all my bearish signal to bull alert.

Well eventually that gap below will be filled, just a matter of when....

[Al_Dente]

I am doing my own forcast. There will be a shortage in Spaghitti and sauce in 2013.

[BullBear52x]

BB next dip is a buy in your reading?

NG

The attachment NG-b.png is no longer available

a buy yesterday on UNG >17.83 , with initial target of 19.75

[Tabby]

R2k looks like that it has reached the top on daily chart.

[deeko]

pullback looks weak from a volume standpoint. All the volume has been to the upside over the past hour.

[Al_Dente]

[quote="Tutti] I am doing my own forcast. There will be a shortage in Spaghitti and sauce in 2013. [/quote]
Our propitiatory forecasts and internal channel checks show a strong overhead supply of spaghetti and sauce in 1H 2013 and we are subsequently short a basket of pasta themed issues. We do however see a consumers working through that inventory buy 2H 13 and will look to get long then (best analyst voice) [/quote]
pasta themed issues

[Out of Bounds]

pullback looks weak from a volume standpoint. All the volume has been to the upside over the past hour.

Hmmm. I don't see that at all.

[deeko]

better volume coming into the market now on this pullback. at least there appears to be some conviction on this move.

[deeko]

pullback looks weak from a volume standpoint. All the volume has been to the upside over the past hour.

Hmmm. I don't see that at all.

I was premature in my comment. please accept my apologies.

[Al_Dente]

On CNBC they have to have both sides, so I'll be the guy who says we show a very weak overhead supply of spaghetti & sauce in 1H 13 and are very long, looking to get short 2H 13.
Then, we'll need the CNBC moderator to stoke imaginary unnecessary fears: "Should our viewers be concerned about the rash of cancer and STDs thought to be related to consumption or avoidance of pasta products? And why isn't AAPL competing in this category? Innovation is dead without Jobs."

[BullBear52x]

SMH...

you want to do the early bird thing eh? the gap up yesterday turn all my bearish signal to bull alert.

Well eventually that gap below will be filled, just a matter of when....

you should have seen the fake closed on the day before on SMH, down huge at stockcharts but TOS were not, then yesterday gap up, don't know what to make of it