Australian (ASX) Stock Market Forum

U.S. stock market on verge of collapse?

Have you bought this 'dip'? If you've been buying at any time since September 14th then you will be out of the money?

Who said mutual funds are insiders?


really? do all stocks move in tandem with the index? Ive been buying Telstra steadily on the way up and im still in the money, even those purchased post sept 14..
 
really? do all stocks move in tandem with the index? Ive been buying Telstra steadily on the way up and im still in the money, even those purchased post sept 14..

As per thread title - US stock market.

Though if you want to talk about the ASX then it's had a stellar run too I guess.

xjo.png
 
I was thinking as i was looking at my charts yesterday that perhaps the correction is over and its onward and upward into the Santa Claus rally, then i got this perspective from the Technical Speculator this morning. I hadn't noticed the dollar.

We need a bounce this week off support on the Spoos, should be a rally into Christmas!
 

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I was thinking as i was looking at my charts yesterday

pictures paint a thousand interp's.....

Solid Seasonal Retail Hiring, Graphs for Duration of Unemployment, Unemployment by Education and Diffusion Indexes
Posted: November 3, 2012 3:42 pm
By CalculatedRisk

RetailHiringOct2012.jpg

etc etc
 
It will be very interesting to see what effect the US election has.
I feel that we may get a bit of a run from here though if Congress decide to block Obama for another 4 years the sentiment could change rapidly.
 
Obama wins.
Focus turns to imaginary boogy man - fiscal cliff.
Republicans kick it around to punish voters, till it starts to look bad for them too.
Last minute deal saves the day for January rally.
 
WASHINGTON - President Barack Obama is not ready to accept a new offer from the Republican leader of the U.S. the House of Representatives to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late Saturday.

What an idiot. 'Guns for hire'?
 
WASHINGTON - President Barack Obama is not ready to accept a new offer from the Republican leader of the U.S. the House of Representatives to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late Saturday.

What an idiot. 'Guns for hire'?
That's a very general comment on what is on offer by the Republicans: meaningless, really, unless you provide details.
 
I seriously think the market is gunna surprise us and we get one last rally up into EARLY - MID january 2013.

Then we gunna see a nice SELL OFF DIP soon after that.

I think the S&P is still aiming for 1490 - 1500 very soon!
 
US Stock market on verge of collapse- the title of this thread now should be reversed !!!!!!!

I could see the Cliff Steroid Injection applied by Dr Obama has pushed the DJ Bull already to rise more than 300 points.

Since Bull does not produce milk, I can not say this is a Cash Cow situation for US Stocks. So wait for the typical bull fight scenario.

I have not seen such a big one day rise in US Market . I am sure ASX index will be induced by the same steroid on 3rd January opening hours. It has already sniffed some of the medicine yesterday but today will be great. Fundamentally it is more than steriod effect - iron ore price has gone up, gold reserve has diminished, copper reserve has diminished and will not wonder to see uranium to rise on this occasion.

Yes, after such a rise the following day always a cooling period. Great start for the US Stocks financial year.
 
From the celebratory rises in markets you'd think they'd actually really solved something.:banghead:
 
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