tsptalk's Market Talk

[law87]

Watch the DAX. U.S follow European market. DAX broke 50DMA next heavy support is 200DMA about 8%...if this come to fruition, S&P will roughly be around 1632 and DOW 14478. A total of ~15% drop from the recent high of S&P 1850.

thats all from my non-profressional POV.

 

[wavecoder]

The DOW is lagging pretty bad behind the nasdaq, transports, and small caps today

 

[Birchtree]

It's BA (Boeing) holding the Dow back a little.

 

[tsptalk]

Apple lagged, and Facebook isn't in the Dow... That's what pushed the Naz.

 

[tsptalk]

GOOG reporting $12.01 vs. $12.21 est. But up in early after hours trading??

 

[tsptalk]

AMZN big miss... tanking

 

[bmneveu]

GOOG reporting $12.01 vs. $12.21 est. But up in early after hours trading??

Their forward guidance must have been better than expected.

 

[law87]

Watch the DAX. U.S follow European market. DAX broke 50DMA next heavy support is 200DMA about 8%...if this come to fruition, S&P will roughly be around 1632 and DOW 14478. A total of ~15% drop from the recent high of S&P 1850.

thats all from my non-profressional POV.

DAX Broken down! are we heading for 1635 ish?

 

[Sensei]

DAX Broken down! are we heading for 1635 ish?

Danger Will Robinson!

I had a sneaking suspicion when the Nikkei didn't follow the U.S. markets' rebound. Now the DAX is flat out tanking, and S&P futures are following...

 

[RealMoneyIssues]

Germany preparing third financial rescue for Greece | World news | The Guardian

 

[RealMoneyIssues]

Oscar is bullish...

 

[jkenjohnson]

Jobs report will kill us today.

 

[BichonFreeze]

Maybe the F fund will do decent.

 

[Dutchy]

Futures have reversed quickly. Reaction to potential easing of the taper? Yellen to speak next week may support Markets ??

 

[jkenjohnson]

Futures have reversed quickly. Reaction to potential easing of the taper? Yellen to speak next week may support Markets ??

I should have known the jobs report would suck and drag us all down today. I am so stupid sometimes. News and corresponding exuberance or fear drives the markets, not technical analysis, sentiment etc.....

 

[Dutchy]

Reactions to Payroll number is mixed... Whether SPX can close above 1775-1780 today is something to watch..


‘Folks, this isn’t good news’: payrolls reactions - Economic Report - MarketWatch

 

[BichonFreeze]

Was a pretty fast reversal. Will be an interesting day for sure now. If Yellen does speak next week will make for an interesting February.

 

[tsptalk]

I should have known the jobs report would suck and drag us all down today. I am so stupid sometimes. News and corresponding exuberance or fear drives the markets, not technical analysis, sentiment etc.....

I disagree. News produces knee-jerk reactions, but the trend usually - eventually prevails, and technical analysis helps tell us where the market might find support / resistance during these reactions.... and don't get me started on sentiment.

 

[jkenjohnson]

I disagree. News produces knee-jerk reactions, but the trend usually - eventually prevails, and technical analysis helps tell us where the market will might support / resistance during these reactions.... and don't get me started on sentiment.

I hope you are right, but we have been slowly going down all morning.

 

[bmneveu]

2 big up days in a row. Looks like the breather is over. Market is chuggin' along. Fed's still pumpin'!