Market Talk / October 15th - 21st

James,
I agree with your feelings! I have been following the RevShark as of late. So far he has been doing quite well, if you have been following Tom's comments. Since he has a staff supporting his operation and with the history of a so-far-so-good track record, I'm inclined to follow his directions. Really thinking about dropping out of the tracker and going with RevShark! Kind of leaves more time for fishing!
Rgds
Spaf

I'm going fishing this morning with my daughter and about a hundred 9th grade girls. I hope I can keep my sanity. Watch out fish we're a comming.
 
U.S. stock futures lower on Intel, Yahoo caution

LONDON (MarketWatch) -- U.S. stock market futures dropped on Tuesday as investors drew cautious on key technology bellwethers Intel Corp. and Yahoo Inc. ahead of earnings news.

S&P 500 futures fell 3.3 points at 1,372.80 and Nasdaq 100 futures dropped 8.25 points at 1,733.00. Dow industrial futures were down 23 points. ….

There's also a bevy of economic data, including producer price index, industrial production and capacity utilization for September and August Treasury capital flows……..

The October NAHB housing market index also is due out……..

The dollar was down against the British pound and the yen, but flat against the euro after German investor confidence slumped to a 13-year low………

http://www.marketwatch.com/News/Story/Story.aspx?column=Indications&siteid=

CB
 
08:33 am : S&P futures vs fair value: -6.2. Nasdaq futures vs fair value: -12.8. Futures trade sells off following PPI data, now indicating an even lower open for the indices. Total PPI fell 1.3% (consensus -0.7%) in September amid a record drop in gas prices but the more closely watched core rate rose a surprising 0.6% (consensus 0.2%), leaving the year/year rate at 1.2%.
 
What is Rev Shark's return for the calendar year to date?

James,
I agree with your feelings! I have been following the RevShark as of late. So far he has been doing quite well, if you have been following Tom's comments. Since he has a staff supporting his operation and with the history of a so-far-so-good track record, I'm inclined to follow his directions. Really thinking about dropping out of the tracker and going with RevShark! Kind of leaves more time for fishing!
Rgds
Spaf
 
Could we possibly end the day up?

Housing data sounds good.
Sales expectations: up
Buyer Traffic: up
Current Sales: flat

source: NAHB/Wells Fargo Housing Market Index

So 2 out of 3 look promising....
 
Never mind I see. They have the close price refer. line in the wrong place.:nuts:

WOW, I thought I had a nifty yahoo super link. I break up the internationals from the domestics but here's mine:

http://finance.yahoo.com/q?s=^gspc+^dwcp+efa+agg+^tnx+^tv.n+^dji&d=t
 
Looks like we are clawing back! Who was it that said down in the morning and rally in the afternoon............................G.
 
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Looks like we are clawing back! Who was it that said down in the morning and rally in the afternoon............................G.


LOL......that was not a predicition.....I just don't like being told "your going to lose money today" even if it is by someone I respect as much as milk_man. No offense, but that was a "master of the obvious" statement.

Whats this NZX 50 thingy?
 
New Zealand.

LOL......that was not a predicition.....I just don't like being told "your going to lose money today" even if it is by someone I respect as much as milk_man. No offense, but that was a "master of the obvious" statement.

Whats this NZX 50 thingy?
 
Daily Yak

The Kingdom of TSP

Daily Edition
October 17, 2006 Closing

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Pro-Yak...................................Socks bounce off inflation worries!

Con-Yak...................................Lube slipping, today down.

Jester-Yak................................How many days are left in October?

Doodles:
Socks [$SPX] Closed at..............1364.05, dn -5.00
Volume (CMF) (money flow).........+0.350, flat.
Averages (MACD) (trend)............+10.426/9.707, converging.
............ (MACD) (Hist)..............decreasing at +0.718.
Momentum (S-STO) (signal).........93.54, decreasing.
Strength (RSI) Overbought/sold....[70] 69.55 [30]

Lube (NYM) Closed at..................58.93, dn -1.01
Oil Markers................................<70= ok, 70-75= worry, >75= panic.

Tea Leaves:
Yakndoodles..............................Yellow.

Tin Box:
Position....................................100% G.
Stops [$SPX].............................Alert: 1356. Trail: 1343.
 
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