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Market Talk
- Thread starter Spaf
- Start date
G
Guest
Guest
imported post
[*]Core inflationreading: 5.4% yoyin May. Hmm. Wonder if the experts will read this tomorrow.
This wouldmean neutral would be around 5% fed funds rate:shock::shock::shock:.
If the number was so "great" and everything dropped so far why is inflation running so hot????
Fed funds 3% and inflation at 5.4% that is a pretty good spread.
Trip Witch week everyone is so short, everyone is afraid of a short squeeze, hence the volume. Volume was horrible. Wonder why we get these numbers on Trip Witch weeks now???
[*]Core inflationreading: 5.4% yoyin May. Hmm. Wonder if the experts will read this tomorrow.
This wouldmean neutral would be around 5% fed funds rate:shock::shock::shock:.
If the number was so "great" and everything dropped so far why is inflation running so hot????
Fed funds 3% and inflation at 5.4% that is a pretty good spread.
Trip Witch week everyone is so short, everyone is afraid of a short squeeze, hence the volume. Volume was horrible. Wonder why we get these numbers on Trip Witch weeks now???
The_Technician
Active member
imported post
Not really bothering me....since I'm 100% G...
Any more of this great PPI news I think I will just pukkkkkkkke
....drops a minute over the last month but up for a long time, fuel is up 33% in a little over a year ....check me on this.:^
Just when did they read the energy costs....during a two week dip???? Heck oil is up to $55 a barrel again.....tweek tweek tweek.....:shock:
Guess the longer they push it, the harder it will fall....:?
:dude:
Not really bothering me....since I'm 100% G...
Any more of this great PPI news I think I will just pukkkkkkkke
....drops a minute over the last month but up for a long time, fuel is up 33% in a little over a year ....check me on this.:^Just when did they read the energy costs....during a two week dip???? Heck oil is up to $55 a barrel again.....tweek tweek tweek.....:shock:
Guess the longer they push it, the harder it will fall....:?
:dude:
G
Guest
Guest
imported post
I believe I read the month of May was the highest overall crude average crude price EVER for one month and the PPI reflects that crude fell double digits.
What planet do they think we are with the hedious accounting and we buy it?
And then the fools on CNBS are jumping on each other how great things are??
Core inflation for May yoy 5.4%. Fed rate 3%. That is quite the spread for contained inflation.
Itrust the trade balance data more then this BLS massaged by a GS 9 data and served hot for the idiots to consume data .
:^
I believe I read the month of May was the highest overall crude average crude price EVER for one month and the PPI reflects that crude fell double digits.
What planet do they think we are with the hedious accounting and we buy it?
And then the fools on CNBS are jumping on each other how great things are??
Core inflation for May yoy 5.4%. Fed rate 3%. That is quite the spread for contained inflation.
Itrust the trade balance data more then this BLS massaged by a GS 9 data and served hot for the idiots to consume data .
:^
G
Guest
Guest
imported post
According to the trade balance report crude is up 28.6% in the last four months. Food was up 8.2% yoy.
Day prior Greenie says inflation is contained.
He is not a political hack? Since he does not buy his food or fill up his tank he would not see this.
Reminds me of Bush I and the scanner at the supermarket.
According to the trade balance report crude is up 28.6% in the last four months. Food was up 8.2% yoy.
Day prior Greenie says inflation is contained.He is not a political hack? Since he does not buy his food or fill up his tank he would not see this.
Reminds me of Bush I and the scanner at the supermarket.
G
Guest
Guest
imported post
Adjusted for inflation numbers?
Show me one day 20 years ago where crude was over $50.
Funny the adjusted for inflation numbers on crude comparedto the inflationnumbers BLS gives us for PPI/CPI dataare lower.
They must give great feet rubs.
Adjusted for inflation numbers?
Show me one day 20 years ago where crude was over $50.
Funny the adjusted for inflation numbers on crude comparedto the inflationnumbers BLS gives us for PPI/CPI dataare lower.
They must give great feet rubs.
Spaf
Honorary Hall of Fame Member
imported post
The Kingdom of TSP
Daily
Market News, Doodles, Tea Leaves & Yak Date June 14th, Closing
Market News.
News:Stox mixed. Producers $ Index fell in may (due to dip in oil & gas). Several good earnings held market to low advance.
Elsewhere:Nada.
Doodles and Tea Leaves.
Doodles:
S&P 500 (Index)
Closing at 1203.91 up +3.09
CMF (money flow) at 0.241, dn.
RSI (strength) at 60.4, up, in midrange.
MACD (trend) at 7.07, up,at crossover.
Nymex (Crude oil)
Closing at 55.00 dn, -0.62.
Tea Leaves: Yellow (caution). Money remains strong. Moderate strength remains in the market. MACD is still questionable; bullish or bearish? Oil at 55 places it on fence between worry and alarm.
Yak.
Remarks: Holding 60/40 (60G, 20C, 20S). Alert stop at 1193, trailing stop at 1180.
The Kingdom of TSP
Daily
Market News, Doodles, Tea Leaves & Yak Date June 14th, Closing
Market News.
News:Stox mixed. Producers $ Index fell in may (due to dip in oil & gas). Several good earnings held market to low advance.
Elsewhere:Nada.
Doodles and Tea Leaves.
Doodles:
S&P 500 (Index)
Closing at 1203.91 up +3.09
CMF (money flow) at 0.241, dn.
RSI (strength) at 60.4, up, in midrange.
MACD (trend) at 7.07, up,at crossover.
Nymex (Crude oil)
Closing at 55.00 dn, -0.62.
Tea Leaves: Yellow (caution). Money remains strong. Moderate strength remains in the market. MACD is still questionable; bullish or bearish? Oil at 55 places it on fence between worry and alarm.
Yak.
Remarks: Holding 60/40 (60G, 20C, 20S). Alert stop at 1193, trailing stop at 1180.
G
Guest
Guest
imported post
Mike wrote:
To make things look better then they are?
Mike wrote:
Why is crude the only thing we adjust for inflation?
To make things look better then they are?
G
Guest
Guest
imported post
Wonder how many times will the 10 year can go up 1% and stocks go up.
Question if the PPI was so great why did yields go up and not down?
Yields going up reflect inflation. PPI "would" reflect inflation is contained :?and yields "should" of went down.
Smart money - bond market. Dumb money stocks.
Which is why Magoo can not massage the bond market anymore. But as we saw last week the stock market can be stroked and petted to move. :?
What scares me is the "economy is on firm footing" verbage he stated last week in testimony. We heard that March 2000.
Kudlow must me doing spring ups today :x. Economic chameleon.
Low volume bounce. Should be interesting tomorrow.
Wonder how many times will the 10 year can go up 1% and stocks go up.
Question if the PPI was so great why did yields go up and not down?
Yields going up reflect inflation. PPI "would" reflect inflation is contained :?and yields "should" of went down.
Smart money - bond market. Dumb money stocks.
Which is why Magoo can not massage the bond market anymore. But as we saw last week the stock market can be stroked and petted to move. :?
What scares me is the "economy is on firm footing" verbage he stated last week in testimony. We heard that March 2000.
Kudlow must me doing spring ups today :x. Economic chameleon.
Low volume bounce. Should be interesting tomorrow.
Birchtree
Well-known member
imported post
DMA,
There may be some head fakes going on in the market to keep one off guard. Sometimes you just have to pull back for a fresh look - hard to see the massive forest if you are standing in the middle of one surrounded by tall trees. Remember a strong dollar is anti-inflationary - perhaps the CPI and core PCE will moderate for the present time. If you have serious doubts - continue present strategy until next month. Sooner or later someone will be correct about all the different directions and head fakes. The oceanliner is taking on dividend supplies all summer - adding to positions just in case the move doesn't come until fall again. Getting paid while I wait. Oh, do you know you are getting a tax cut in 2006 -that's right. If you don't need it you can be a good citizen and donate to the old bulls retirement home.
Dennis
DMA,
There may be some head fakes going on in the market to keep one off guard. Sometimes you just have to pull back for a fresh look - hard to see the massive forest if you are standing in the middle of one surrounded by tall trees. Remember a strong dollar is anti-inflationary - perhaps the CPI and core PCE will moderate for the present time. If you have serious doubts - continue present strategy until next month. Sooner or later someone will be correct about all the different directions and head fakes. The oceanliner is taking on dividend supplies all summer - adding to positions just in case the move doesn't come until fall again. Getting paid while I wait. Oh, do you know you are getting a tax cut in 2006 -that's right. If you don't need it you can be a good citizen and donate to the old bulls retirement home.
Dennis
G
Guest
Guest
imported post
The Administrative started with the adjusted for inflation verbage with crude.
You bought it.
What else do we adjust for inflation?
Why is the inflation number they use to adjust for crude lower then they use to calculate PPI/CPI?
The double digit decrease in the crude PPI numbers today should like smack you in the face that something is not kosher here. Did your price at the pump go down double digits??? Did you energy bill go down double digits?
But you bought it.
I deal with reality not what someone wants me to believe. But to each there own.
Good luck.
The Administrative started with the adjusted for inflation verbage with crude.
You bought it.
What else do we adjust for inflation?
Why is the inflation number they use to adjust for crude lower then they use to calculate PPI/CPI?
The double digit decrease in the crude PPI numbers today should like smack you in the face that something is not kosher here. Did your price at the pump go down double digits??? Did you energy bill go down double digits?
But you bought it.
I deal with reality not what someone wants me to believe. But to each there own.
Good luck.
G
Guest
Guest
imported post
You area had roughly a 3.9% decress for the month of May. Aprils number were released in May. June we are talking May data.
Are you overstating your numbers? To make things look good?
Gas in your area was over 2.20 for a couple days ( you must of filled up at a bad time, perhaps) and never reached 2.30.
Do you work for BLS? Change gas stations? Or do not realize the data is on your state gov web site?
You area had roughly a 3.9% decress for the month of May. Aprils number were released in May. June we are talking May data.
Are you overstating your numbers? To make things look good?
Gas in your area was over 2.20 for a couple days ( you must of filled up at a bad time, perhaps) and never reached 2.30.
Do you work for BLS? Change gas stations? Or do not realize the data is on your state gov web site?
Mike
Active member
imported post
Wow, DMA - you'd really have me over a barrel with that post, except you are incorrectly assuming that I filled up my tank in MN during that entire month.
I paid ~$2.30 per gallon in Indiana and Ohio when I went on a trip.
Gas prices were definitely cheaper in May than April. The chart proves as much.
I suggest you take greater care in attempting to assail my credibility in the future.
Wow, DMA - you'd really have me over a barrel with that post, except you are incorrectly assuming that I filled up my tank in MN during that entire month.
I paid ~$2.30 per gallon in Indiana and Ohio when I went on a trip.
Gas prices were definitely cheaper in May than April. The chart proves as much.
I suggest you take greater care in attempting to assail my credibility in the future.
G
Guest
Guest
imported post
"I paid $2.20-2.30 per gallon for most of April"
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