Weekly Poll: Are Korean Nuisance and Wkileaks Priced in?

SPY Next Week?

  • Bullish

    Votes: 14 41.2%

  • Flat

    Votes: 10 29.4%

  • Bearish

    Votes: 8 23.5%

  • I prefer to keep my opinion to myself or don't have one

    Votes: 2 5.9%
  • Total voters
    34
  • Poll closed .
rally time just as I said.

There is no keeping this market down, the DOW was down nearly 100 points this morning now only down a huge 12 points, just like yesterday when the dow was off 150+ points and rallied to nearly unchanged by 3:45pm. This has been the trend for some time now. Once apple starts to wake up and turn around the afternoon rally will be all set to go, still have 3 hours to prop it up and I think they do it with a little magic by the close.
 
Just for the hell of it, I sold what I bought yesterday. Gained $1 per share.
iamsmiling.gif
 
As soon as the market opens in a few hours all losses from as early as Friday will be gone. Just like magic!!!

With the futures as strong as they are there is absolutely no need to worry about a down day, markets will close Wednesday with a huge rally, they will not let this rally get away today.

Watch how the markets trade when opening up 1% higher vs 1% lower.



*S&P FUT
__1193.50__ +13.90 __+1.18%
*DOW FUT
__11117.00__ +121.00 __+1.10%
*NAS FUT
__2138.75__ +21.75 __+1.03%
 
Also keep in mind that today the markets have plenty of economic news to digest, from the adp report (which will be fantastic) to the ISM numbers and the fed beige book late afternoon. I think the markets could show as much as a 2% jump if everything falls together perfectly today.
 
Quote from S2007S:

Also keep in mind that today the markets have plenty of economic news to digest, from the adp report (which will be fantastic) to the ISM numbers and the fed beige book late afternoon. I think the markets could show as much as a 2% jump if everything falls together perfectly today.
More...

Should be a huge day, yes. S&P 500 found a serious base in the 1180 area and now has plenty of catalyst to go up and rechallenge the yearly highs. If the remaining economic reports are strong 2% will be on the low end.

TSX ready to rock amd roll. If the TD Bank / CIBC beat earnings tommorrow that will spring the market to a new yearly high tommorrow. National Bank raised their dividend last night on strong earnings. TSX was actually up yesterday on a down day in the US.
 
Quote from S2007S:

Also keep in mind that today the markets have plenty of economic news to digest, from the adp report (which will be fantastic) to the ISM numbers and the fed beige book late afternoon. I think the markets could show as much as a 2% jump if everything falls together perfectly today.
More...

Sincerely hope you are long...or at least not short.
 
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