International markets traders banter

[skyQuake]

Spain sold some more junk. Here comes the pop & fade?

Nasty chop both ways but do expect it to fade...

 

[Uncle Festivus]

Spain two-year auction yield seen at 3.46%-Yield at prior Spain 2-year auction 2.069%
Spain 10-year auction yield seen at 5.74%-Yield at prior Spain 10-year auction 5.403%


.....and fading still......

 

[Joules MM1]

Joules,
All taken on board, but the basic premise of mine was that the 'thing' that changes the pricing dynamics is incorrect ..........

http://www.zerohedge.com/news/chart-spooking-europe-morning

like that one......yessa.....knowing the roosters about to crow is a tuff one....

 

[Uncle Festivus]

http://www.zerohedge.com/news/chart-spooking-europe-morning

like that one......yessa.....knowing the roosters about to crow is a tuff one....

Or.....Mr Market finally pricing some things in...?

As bad as that situation is, the black swan will be China........?

 

[Uncle Festivus]

AAPL juice anyone

 

[Uncle Festivus]

A nice 70 pt tickle at the close to make things look a bit respectable?

There was nothing at all good about the data yet only down 70 pts as opposed to up 200 on less good news?

One of my theories is that you know when bad data is coming by the magnitude of the previous rise??

 

[Joules MM1]

anecdotal stuff

Volker rule/effect.....

http://dealbook.nytimes.com/2012/04...-for-banks/?smid=tw-nytimesdealbook&seid=auto

microsoft

http://www.businessweek.com/articles/2012-04-19/microsofts-design-drive

it's 21st April, like summer....a likely cause
http://www.nasa.gov/mission_pages/sunearth/news/News022512-cme.html

http://www.nasa.gov/mission_pages/sunearth/news/News041612-M1.7flare.html

 

[sinner]

Took a quick tourist snap outside the FRB SF before I left today, thought you guys might appreciate it


Who wants some Bennie Bux!

 

[CanOz]

Took a quick tourist snap outside the FRB SF before I left today, thought you guys might appreciate it

View attachment 46803
Who wants some Bennie Bux!

Lol sinner...I did a double take on that one!

 

[Joules MM1]

...

One of my theories is that you know when bad data is coming by the magnitude of the previous rise??

twitter

Walter Murphy ‏ @waltergmurphy

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The equal-weighted Continuous Commodity Index recorded its 8th strait weekly decline. That's the longest in our 14-year database.

could be right

 

[sammy84]

There goes the risk trade.

 

[Trembling Hand]

There goes the risk trade.

Nah its only Monday. Mondays don't count,


:bath:

 

[Joules MM1]

BAC seem content enough to say buy

http://www.businessinsider.com/bofa...tton&utm_medium=social&utm_campaign=moneygame

(cough)

facebook 1.06B in Q1

http://www.sec.gov/Archives/edgar/data/1326801/000119312512175673/d287954ds1a.htm

gold and oil (packed lunch req'd)

http://www.usfunds.com/investor-resources/investor-alert/?CFID=5285054&CFTOKEN=61686351

another rocket scientist with dire "potentials", convincing charts......nice

http://etfprophet.com/big-sis-joins...ks/?utm_source=twitterfeed&utm_medium=twitter

 

[Uncle Festivus]

Rinse - repeat



Apple Inc. reported a 93% earnings jump for the March quarter on Tuesday afternoon, beating Wall Street's estimates thanks mostly to strong iPhone sales. For the period ended March 31, Apple AAPL +6.43% reported net income of $11.6 billion, or $12.30 per share, compared to earnings of $6 billion, or $6.40 per share, for the same period last year. Revenue jumped 59% to $39.2 billion. Analysts were expecting earnings of $10.07 per share on revenue of $36.96 billion, according to consensus forecasts from FactSet Research. The company said it shipped 35.1 million iPhones in the period, and 11.8 million iPads.

S&P/CS Composite-20 HPI y/y -3.5% -3.5% -3.9% - unadjusted home prices lowest in a decade
Richmond Manufacturing Index 14 7 7 -
CB Consumer Confidence 69.2 69.9 69.5
New Home Sales 328K 321K 353K

This is what I have been saying -

Modern investing offers the promise that investors who "do their homework" and use data more intelligently than the herd can gain a valuable edge. But what if the underlying data available to the investing public is fundamentally flawed?

Story

 

[sammy84]

Rinse - repeat

View attachment 46832

Did you cover your short? The after hours trading is ominous.

 

[skyQuake]

Huge vol in after hrs, vwap around $600. Even pushed nasdaq futs up 1.3%

 

[Uncle Festivus]

Did you cover your short? The after hours trading is ominous.

Yes, closed out - not going to hold a short when they announce earnings for the obvious reasons, so see how much follow through in the 600's this rotation......it's a wild ride this one

 

[Trembling Hand]

Bit of a smack down going on in the Asian futs.

Probably should be buying it.

:grenade:

 

[Trembling Hand]

Probably should be buying it.

yep

 

[Timmy]

Chatter about an easing coming from China soon, from Credit Agricole:

an RRR cut is likely to come soon as the central bank needs to support the slowing economy via more liquidity.

http://www.efxnews.com/story/12239/...um=feed&utm_campaign=Feed:+Efxnews+(eFXnews+)