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 .
Quote from S2007S:

Anyone taking notice again of the market, again the market gaps up 40 points and starts to trend higher throughout the day, the markets are nearly up 1% right now. Notice no minor pullbacks at all, who knows what the afternoon brings but if this rally keeps up there could be a huge rise into the close again if this is the case I would think the any positive job numbers tomorrow would be priced in since the market is up almost 3% in 2 days.

Yes, I did notice my net worth gap up and then trend up the entire day.
 
Consensus Consensus Range
168,000 100,000 to 200,000

consensus range is very tight. is the market expecting a giant surprise? whoever participated in the consensus survey obviously don't anticipate any surprises.
 
How was the jobs report? Was there a contradiction between green market and jobs report? If yes why? (I know how to get the report, but I do not want to expose my mind to the news because of the risk of getting biased by herd market commentators)
 
Quote from tradingjournals:

How was the jobs report? Was there a contradiction between green market and jobs report? If yes why? (I know how to get the report, but I do not want to expose my mind to the news because of the risk of getting biased by herd market commentators)

the report is tomorrow :D

herd market commentator = shortie :D :D :D
 
Tomorrows job report wont make a difference one way or the other reason being is because a good job number will just show that hiring is picking up, the economy is getting stronger and "QE2" is supposedly working.

Now a great number and the market surges 1-2%

Just in line the same thing, 1-2% rally

Somewhat below estimates market still rallies.

Well below estimate the market sells off at the open followed by dip buyers buying it back up into the close.

So tomorrow will be an up no matter what the unemployment report is.

Take that to the bank!!!!!
 
Quote from shortie:

SPY 122, hmm...

122 and a half, right now. Double hmm.
Anyways, I think I just might have called the momentum top with that bit of irrational exuberance. I've been thinking & thinking about it, and finally decided today we were just a tad stretched, and have gone to ground as a result.
I figure tomorrow will probably be flat at best. If I'm wrong, I will have left some profit on the table. C'est la guerre.
 
So who's buying this dip?
dazk.gif
 
The dip will be bought, watch how quick they turn this market higher after the open. I can just feel it already. You would actually think that after 2 days of huge gains that today's economic numbers being so bad it could send the markets down at least 1% but I don't think that's going to happen today.
 
premarket futures



Futures Sink After Disappointing Jobs News
S&P FUT
1216.5 -6.2 -0.51%
DOW FUT
11306.0 -57.0 -0.50%
NAS FUT
2173.75 -13.25 -0.61%
OIL
87.71 -0.29 -0.33%
 
Nasdaq-100 broke the high (or trading at it). I am covering the short puts. Should I start shorting?

BTW, how were the numbers today? If they were not good why is the nasdaq-100 in the green? If they were good, how come the open was in the red? No matter how you look at it, it does not make sense using numbers. I bet financial news will be wearing two hats, and changing one for the other when it feels hot.

However, the zero sum game makes perfect sense.
 
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