Posted on 09/03/2013 3:12:31 AM PDT by expat_panama
Happy new week to all! We got stock futures up sharply and metals are flat. We're either looking at a 'feel-good' post holiday market or...
By Leigh Thomas. PARIS | Tue Sep 3, 2013 5:12am EDT. PARIS (Reuters) - Led by firm U.S. growth, the outlook is gradually improving for advanced economies while even crisis-weary Europe is at last joining the recovery, the OECD said on Tuesday.
Big data week!
Tuesday:
PMI
ISM Manufacturing
Thursday:
ADP
Productivity
Friday:
NFP
UE
tx
Futures up more this morning but that’s after having dropped so much in the past few weeks. “Interesting” is applicable the word here...
Consensus was for 54.0.
It's sort of been a mixed bag since 2011, according to this chart from Econoday, but there's been some recent improvement:
Read more: http://www.businessinsider.com/here-comes-ism-manufacturing-2013-9#ixzz2dq2R1cNC
NASDAQ & Russell 2000 seem to be following the same pattern.
Were I trading either bonds or indicies right now, I'm afraid I'd have on some sort of bear option spread in SP and some flavour on the long side in the assorted longer-term interest rate mkts. I am not, so this is all moot -- a 'mouth trade' if you like.
However, if the Restupidcans are as feckless as I imagine them to be, these types of trades WILL be the way to go in the near future. The US has exactly zero 'national interest' in Syria; let Putin and the Russians sort it out. Sadly, I suspect that Zerobama's megalomania -- or, if you prefer, delusions of adequacy (never mind grandeur) will not allow his backing away from bombing, Regress or not.
You do know that all this nonsense about Syria is simply about the transit of the "new" NG pipe running through Syria, which threatens (if/when completed) Russia's ability to hold Europe hostage to Gazprom's methane, right?
I noticed silver was up over 3% today.
Apparently momentum for a rebound's hard to come by as futures markets have stocks and metals down this morning.
72 KEY ECONOMIC RELEASES THIS WEEK US Labor Day Holiday-US Markets closed or limited open on Monday. Check Holiday Schedule www.cmegroup.com/tools/information/holiday-calendar/ Reserve Bank of Australia Policy Meeting, US ISM... (full story)
Seems we're both looking at the same market signals, my prob is the way we've been getting so many false signals. I'd be ready to change my mind if I hadn't lost it a while back.
this nonsense about Syria is simply about the transit of the "new" NG pipe running through Syria, which threatens (if/when completed) Russia's ability to hold Europe hostage
Wouldn't that make Russia 'anti-Assad'? Yesterday' buz was that Syria's beginning to look like it was set up to be a sequel to fast'n'furious with the Whitehouse intentionally allowing harm to US interests + deliberately allowing the deaths of hundreds of innocents in the vain hope of blaming all on some political opposition.
Tx for the headsup [digging out the numbers]
huh, not sure --maybe that was for last Monday...
They've said Raytheon is way up; well that wasn't true, slow to take the bait but it was up some yesterday. Now it's up 1.10%.
Bad news will shoot the whole thing back down again. That gas pipe and petro dollars has to have something to do with this. But they'd better not blame Assad without solid proof for political pragmatism.
It's disgusting how they are trying to cajole the recaltritrants. I hate to see people buckle against their principles because they can't take the heat.
You'll probably be sorry if you don't get back in. Maybe sized way down. I don't have a feel for it right now. One good thing is that volume is supposed to be up now compared to the past month.
Hmm, I could have sworn it was. Noticed it is down 3% today.
I got caught pretty bad in that 4-week downdraft, glad I hung in there. A new rally would be nice. I've no idea what the market will do if we do bomb Syria.
As soon as I can find the time, I'm going to read up on options. But I'm afraid to day trade too much because it's hard to pick suitable candidates and, even then, some days the charts are flat or slope down.
Nothing much happened with Clinton's misadventures that the press fawned over: Sarajevo, Iraq, Mogadishu, Haiti-- they never accomplished anything but at least they never got out of hand. This time we got our Military (alone) backing AlQeda against an entrenched regime supported by a Russian missile frigate.
I'm imagining kind of a fast'n'furious on steroids and thinking that maybe my stocks to cash should be followed by cash to food in the basement...
My son had a huge cache in his basement. His young wife didn't like his "apocalyptic" thinking, wasn't all her doing. He killed himself last Dec 5th. He changed the ins to my two daughters, and there's a huge legal battle over it. He had founded a precious metals company, then had just started a diamond company because he felt they were more portable and less likely to be confiscated. He was drop shipping for some Orthodox Jews in Jerusalem he met in Las Vegas at a convention.
The NYT felt it best to let the two sides duke it out without intervention. Now ABC is hinting they may not wait for approval to strike.
I knew my son was right, just got a little too involved with it. I'm glad I was supportive even though I did try to take a common sense approach to some of it He was going to put a bunker under the basement but I told him why he shouldn't. Then he wanted one on the farm. It would probably be against county regulations for underground and too visible; word would spread all over.
Disguise it as a tornado shelter. I decided to keep a little extra food, do wish I had canned a lot of meat and such, and trust in God.
I don't believe they won't have "boots" on the ground. There are already boots on the ground. Just not in Syria but Jordan and the Sinai. Somebody has to hunt for the chemicals. They can be hidden almost anywhere.
Sure, while we don't take everything to heart we do have to take some things seriously --my heart goes out to you for your unspeakable loss. I lost my big sister that way. Years ago. Fortunately most things that happen in life are good, enough to be able to wind up the day with a few laughs. I can live with that.
So you got put through your paces of deprivation, quite a young family. I've never eaten smoked clams but love those smoked oysters. I've never been through anything like that, WWII with my mother and dad away; she canned a whole lot of beef she was able to get, heck of a lot of work. But life wasn't affected too much then.
I still try to trust in God and pray. I'm irritable though. The stock market was helping keep my mind off things but I can't watch it all day, do keep up on the news.
Well, I saw an article to read. And Larry Kudlow last Sat nite was gung ho to hit Syria. I was surprised.
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