07/16/2012 Live Update

[KeiZai]

GBP/USD waiting to short her

[fehro]

trendlines ....purple triangle?

[SWalsh]

Now THAT is manipulation, Chicago style. And what you get when the Dept of Justice is loaded with Holder's white-collar crime buddies, who defend guys like Dimon and The Lloyd, from the law firm he worked at. Let's see....do they vote for a guy who ran companies and the Olympics, or a clown with a stapler and fliers? It's just the future of the markets, and America, because if you have enough money for a trading account, you have too much money.

[buyorsell]

Finally, I'm back. I'm proud of becoming a subscriber of Cobra's service.
Cheers!

[Cobra]

Finally, I'm back. I'm proud of becoming a subscriber of Cobra's service.
Cheers!

Thanks.

[SWalsh]

Small gap down, within Friday's range, so the gap might be filled. Usually after a big range day, the next trading day tends to be a small range day. Just I hope today won't be too boring.

Not always though. But the manipulation has grown more toward the dark side:

[Unique]

Now THAT is manipulation, Chicago style. And what you get when the Dept of Justice is loaded with Holder's white-collar crime buddies, who defend guys like Dimon and The Lloyd, from the law firm he worked at. Let's see....do they vote for a guy who ran companies and the Olympics, or a clown with a stapler and fliers? It's just the future of the markets, and America, because if you have enough money for a trading account, you have too much money.

Jamie Dimon is on the board of directors of the New York Fed bank...talk about conflict of interest...Lol..these crooks love sucking lives out of average Joes

[buyorsell]

I don't think someone is lying. It could be more money moving back to US. Some goes to the equity. Some goes to TLT.
Just my 2 cents.

Someone is lying, see TLT????double top or break out?

[johnnywa]

Here comes 2nd leg down,need a little patience

[SWalsh]

Nice v-shaped recovery

The economic news today was quite dismal. So the PPT couldn't let the ball get rolling to the downside.

This is really quite sad that brave men and women are sent to war, and back at home the crooks walk the halls of 50+ story buildings like Masters of the Universe.

[joe-gamma]

Dr Al and the morning adv/dec charts seems to be missing today, could use his insight...glta All and Thanks to the King for this blog!

[Sleeperz]

The market wants QE3 but Ben will not QE3 since he already extended Operation Twist to the end of the year. So the market
will be disappointed like the last FOMC.

Analysts quote:"""
Fed Chairman Ben Bernanke’s words will be finely sliced and diced as he testifies before finance committees on Congress with the Senate Banking Committee and House Financial Services Panel on Tuesday and Wednesday. Market participants and analysts will be closely watching for hints of more monetary easing planned for the near future.""""

[q2model]

An article from NY Fed regarding "The Puzzling Pre-FOMC Announcement “Drift”

http://libertystreeteconomics.newyorkfe ... drift.html

[BullBear52x]

With a chart like this, me no bearish.

[BullBear52x]

IWM is the weakest link. but the day still young to go evil on TNA.

[joe-gamma]

thanks BB...probably tight range with late afternoon new highs (see Dax), then fall back to Vwap?

[Unique]

AAPL looking sexy still We're on track

[grachu]

cobra could you post an update on apple please? as you know busy week ... thank you !!

[uempel]

Contemplating the bullish outlook...

[nicha]

AAPL looking sexy still We're on track

Waiting patiently here.