Weekly Poll: The Three Month Anniversary Of Cramer's "6 months to Prosperity Call"

SPY Next Week?

  • Bullish

    Votes: 9 33.3%
  • Flat

    Votes: 6 22.2%
  • Bearish

    Votes: 7 25.9%
  • I prefer to keep my opinion to myself

    Votes: 5 18.5%

  • Total voters
    27
Quote from shortie:

the chart is indeed screwed up now. the jump was around 10:30pm eastern time. ES went to 1095 i think, can't be be precise about the size of the jump.

Boy there are so many weak bears out there sweating in their pants...
 
Alot of news coming out in the next 20 minutes.

Initial claims will be followed closely, a drop below 450,000 could set the mood for more upside today, anything higher than 460,000 and the rally could stall.


Jul 15 8:30 AM Initial Claims 07/10 - 430K 450K 454K -
Jul 15 8:30 AM Continuing Claims 07/03 - 4450K 4400K 4413K -
Jul 15 8:30 AM PPI Jun - -0.1% -0.1% -0.3% -
Jul 15 8:30 AM Core PPI Jun - 0.0% 0.1% 0.2% -
Jul 15 8:30 AM NY Fed - Empire Manufacturing Index July - 19.0 18.0 19.57 -
Jul 15 9:15 AM Industrial Production Jun - -0.2% 0.0% 1.3% -
Jul 15 9:15 AM Capacity Utilization Jun - 74.1% 74.2 74.1% -
Jul 15 10:00 AM Philadelphia Fed Jul - 10 10.1 8.0 -
 
Quote from noddyboy:

Boy there are so many weak bears out there sweating in their pants...

it is better to be a scared bear than a dead one.


Shortie Confucius Out :cool:
 
Both numbers just horrible.


Jul 15 Empire Manufacturing Index Actual 5.08 EST: 19.0

Jul 15 The Philly Fed index fell to 5.1 in July from 8.1 in June. Economists were expecting an increase to 10 in July.
 
Quote from shortie:

we should be turning right here and at least fill SPY 108 gap given ~+9% in 7days. but i fully expect the market try to squeeze me out with 2-3% upside. for some reason it often works like that once i am in the trade.

filled the gap. now what? i have no idea.

nitro has 30 pts spread with his NFV suggesting an up-move.
 
Quote from shortie:

i am guessing we will dump some EOD.

SPY 109.18

So it has been foretold....

Rennick Nostradamus Out :cool:

scratch that! getting mixed signals here

SPY 109.14
 
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