International markets traders banter

[Timmy]

Bellwether stock Caterpillar "smashed" its estimates pre-NYSE open and raised guidance. Lots of devil in the details, though ... some yucky numbers buried in there. Big case of DYOR methinks.

Anyways... FOMC statement due @ 2pm, press conference 15 mins later. Not expecting too much different from previous. Soon know.

 

[sammy84]

Apple currently up 9%. Lucky you covered that short Uncle.

 

[notting]

Jobs vision ends with apple TV - still largely in the pipeline. The short maybe a while off yet
@ 1000 in about nine months might feel safer.

 

[sinner]

Just looking at some breadth charts, I notice the NYSE Summation Index is still > 0 but the NASDAQ Summation Index crossed below 0 on the 10th April.

 

[CanOz]

Just looking at some breadth charts, I notice the NYSE Summation Index is still > 0 but the NASDAQ Summation Index crossed below 0 on the 10th April.

Its a wishy washy mess again Sinner. I was short half a dozen US stocks before the AAPL ann. Got stopped out on most as they retraced past thier breaks and back into the patterns again, frustrating, Lost a grand overnight.

You got Europe pulling one way, and the recovery pulling the other....

CanOz

 

[Trembling Hand]

Its a wishy washy mess again Sinner. I was short half a dozen US stocks before the AAPL ann. Got stopped out on most as they retraced past thier breaks and back into the patterns again, frustrating, Lost a grand overnight.

You got Europe pulling one way, and the recovery pulling the other....

CanOz

Boy the DAX has been just nutz!! Shes a volatility honey trap. :badass:

 

[Timmy]

The rain in Spain falls mainly after the close.

These guys from Apr. 17. S&P catching up.

 

[Trembling Hand]

Anyone for some cheap JP ¥, .

 

[Joules MM1]

Timer Digest

http://yfrog.com/z/oc9x1yp

my fave one, NeoWave sell signal, however,....holding onto previous wave and may try to work higher....

brilliant.....top humour

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Walter Murphy ‏ @waltergmurphy


Both the daily and weekly NYSE all issue cumulative advance-decline lines are within a hair's breadth (pun intended) of an all time high.


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options

http://www.nasdaqomxtrader.com/content/phlx/MSCI_factsheet.pdf

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light-weight humour for bulls

http://photos.denverpost.com/mediac...t-cu-boulders-williams-village-dorms/34200/#3

 

[Joules MM1]

Twitter Rennie Yang ‏ @MarketTells

S&P futures closed up <0.5% after being up >1% intraday. Since Nov '09 that's occurred 10 times, S&P higher 1wk later 9/10 $$

video

http://finance.yahoo.com/blogs/brea...ustrial-average-makeover-grave-180414652.html

Does the Dow Need a Makeover or a Grave?
| Breakout – Mon, Apr 30, 2012 2:04 PM EDT

Twitter Walter Murphy ‏ @waltergmurphy

NYSE all-issue daily cumulative advance decline line recorded an ALL-TIME new high today. Not major market top here

 

[sinner]

Well, it's been ages (a month?) since I took a single intraday trade now. Due to the death of a friend, I don't like to trade discretionary if my mind isn't 100% in it. Was hoping to get back in the saddle after a bit of down-time post San Francisco, but just heard last night another friend of mine has passed away in a motorbike accident, definitely taking a further hiatus extension.

Nothing too unusual or interesting happening on the systems front...as long as you are willing to trade the numbers look good all round. I don't run mean reversion in the current market regime but surprised to see it isn't doing bad despite the low volatility. Also noticed the system I'm running on my superannuation account is doing pretty good after rotating into some SLF.ASX months ago...rather interesting action over the last 5-10 trading days. Hopefully some strong trend action comes soon so I can start trailing a useful stop.

 

[CanOz]

Sinner, that's sad to hear...make sure you reach out to your friends and family.

CanOz

 

[Trembling Hand]

Whats up with the Nikkei today? Down over 1% on open?

 

[captain black]

Whats up with the Nikkei today? Down over 1% on open?

Holiday in Japan today and tomorrow?
Kospi futures down 1/3 to 1/4 percent on open.

 

[Trembling Hand]

Holiday in Japan today and tomorrow?
Kospi futures down 1/3 to 1/4 percent on open.

Yeah but why are their futs open

 

[captain black]

Not sure TH, I only trade the kospi during the day.

IB is showing the NK225 futures through Osaka as closed but not sure what contract/exchange you're using.

 

[Trembling Hand]

Not sure TH, I only trade the kospi during the day.

IB is showing the NK225 futures through Osaka as closed but not sure what contract/exchange you're using.

Yeah Ok. I was looking at the SGX ones. They are open but have gone to sleep now. No probs.

 

[captain black]

They are open but have gone to sleep now

Kospi looking a bit like the SPI this morning, 11 tick range, might go to sleep here too...

 

[sinner]

5 day 15 min WTI and Brent, gotta hate missing out on these ones.

 

[sinner]

...and just for fun here are some oil FX pairs...I wanted to use NOKEUR but the data looked even more funny than NOKUSD. Was there some news out of Norway on Friday or something?

Good correlation between CADUSD and MYRJPY.