goldfinger
- 19 Mar 2013 13:57
goldfinger
- 07 Jun 2013 10:38
- 612 of 2763
Gloom about todays figures!!!! most analysts I have been reading on the US sites are very upbeat towards the expectations of the non farm payrolls.
Ill be glad if someone from the FED just comes out and says QE is not in the near future going to be tapered.
The problem being the US is further up the cyclical ladder of recovery than Europe and Asia which could lead to interest rates increasing and the equilibrium of world market balance being put in a spin.
cynic
- 07 Jun 2013 10:43
- 613 of 2763
whatever the figures, they could be interpreted by the market in either direction ...... we all know that sooner or later QE will be tapered out, and from a world economy point of view, that is surely no bad thing - i.e. it indicates that the us and thus world economy is back on the up
goldfinger
- 07 Jun 2013 10:52
- 614 of 2763
Yep its truly a conundrum one which I cant really remember coming up against in the markets before, maybe i993 but Id have to check my historical note books.
goldfinger
- 07 Jun 2013 11:32
- 615 of 2763
Cyners I thought your 150,000 fig was wide of the mark I had read about....
skinny - 07 Jun 2013 08:13 - 8 of 11
U.S. hiring seen pointing to economy in need of Fed's help
WASHINGTON | Fri Jun 7, 2013 7:40am BST
(Reuters) - U.S. employers likely stepped up hiring only slightly in May, a sign the economy was growing modestly but not strongly enough to convince the Federal Reserve to scale back the amount of cash it is pumping into the banking system.
The United States probably added 170,000 jobs last month, with the unemployment rate holding steady at a lofty 7.5 percent, according to a Reuters survey of economists.
goldfinger
- 07 Jun 2013 13:34
- 616 of 2763
Ashraf Laidiā@alaidi1m
+175K good but not good enough to TAPER UNEMP RATE 7.6% from 7.5%
Roselea
- 07 Jun 2013 13:46
- 617 of 2763
On a positive note 92.5% of the workforce are in work.The optimistic view always looks better.
goldfinger
- 07 Jun 2013 13:52
- 618 of 2763
ohhh indeed indeed Roselea.
Pity we as humans always focus on negetive things,eg, so fed up of watching depressing news on news cannels.
Reckon if someone opened a news channel for nice/positive news it would be a great hit.
goldfinger
- 07 Jun 2013 16:12
- 619 of 2763
Back on course for 6400 support......... at the moment.
Thats the problem with a smaller world, news flow is so fast and easy to get now, never mind the computer bots.
cynic
- 07 Jun 2013 23:07
- 620 of 2763
i obviously read a different article, but clearly my prediction that the market would finish strongly today was spot on
goldfinger
- 08 Jun 2013 10:48
- 621 of 2763
SPOT on.
Told you so. Cyners
cynic
- 08 Jun 2013 11:26
- 622 of 2763
C+M Index (NMX2350)
try this for an obvious - friday bounced straight off 200 dma
i already held (in too early), but assuming reaction is good on monday too, then probably some good upside still to come
goldfinger
- 08 Jun 2013 11:43
- 623 of 2763
hmmm nice chart.
Cyners still a bit wary.
Wait for confirmation even if you lose a few pips.
UPCH4RT
- 10 Jun 2013 07:29
- 624 of 2763
Acer
- 10 Jun 2013 10:29
- 625 of 2763
thanks upch4rt. Good to have you on this board!
doodlebug4
- 10 Jun 2013 11:06
- 626 of 2763
Yes, I second that, nice to see you on here Upchart.
cynic
- 11 Jun 2013 19:18
- 628 of 2763
having scared myself somewhat going short dow early this afternoon, i am now back in the money ..... listen to the rhythm boy!
===============
banked a small profit and very thankful; to have done so
================
and now gone very modestly long at 15124.6
we shall see in the fullness of time
goldfinger
- 12 Jun 2013 02:50
- 629 of 2763
Good for you cyners as you know I dont trade indicies or forex anymore just use the charts for guidance on individual stocks. Welldone again. Difficult times in a volatile market.
cynic
- 12 Jun 2013 07:15
- 630 of 2763
have turned a reasonable profit o'night, and the wise chap (not necessarily me!) may bank same
goldfinger
- 12 Jun 2013 15:56
- 631 of 2763
6300 under threat again on the ftse.
Just wish we'd get to 6250 and then get rid of this volatility.
Volatility and holidays dont go together. And dont use stop losses as they are tools made for MMs gain.