econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

Jitters Push Markets Downwards, HFT Computers Push Upwards

admin by admin
5월 22, 2013
in 미분류
0
0
SHARES
0
VIEWS

Midday Market Commentary For 05-22-2013

Right after I posted the morning commentary suggesting that now is the time to be vigilant and cautious, the markets started a melting off the highs in what can be best described as a gotcha. There were a bunch of angry investors that were taken out at the knees when their ‘to close’ trailing stops were triggered on the fall. But then the BTFD dippers jumped in and stopped the decent at about yesterdays highs.

By noon the averages had climbed back to ¾ of the morning decent on seriously falling volume. The HFT computers are suspect in the current melting up.

The markets are in a state of jitters as investors are unsure where Mr. Market is going to take them.

@zerohedge:_______

Euphoria Cracks As Ben Drops Hint Of Tapering After All

MOAR Orderly… oops… Bernanke: “Fed could reduce bond purchases in the next few meetings if data supports it” and perhaps most disturbing is that reality is finally seeping into the corner offices of the Marriner Eccles building when Bernanke says that concerns about “frothiness” and “bubbles” has increased?

Was it the sub-5% yield in high yield that tipped them off?

The DOW at 12:15 is at 15503 up 115 or 0.74%.

The SP500 is at 1681 up 12 or 0.71%.

SPY is at 168.38 up 1.21 or 0.72%.

The $RUT is at 1005.83 up 7 or 0.70%.

NASDAQ is at 3520 up 18 or 0.51%.

NASDAQ 100 is at 3042 up 15 or 0.51%.

The longer trend is up, the past months trend is bullish, the past 5 sessions have been bullish and the current bias is neutral to negative.

How Oil Really Gets Priced

WTI oil is trading between 96.19 and 94.39 today. The session bias is negative and is currently trading down at 94.72.

More Widening For The Brent/WTI Spread ahead?

Brent crude is trading between 103.81 and 102.70 today. The session bias is mixed but negative and is currently trading up at 103.03.

Gold rose from 1356.56 earlier to 1412.99 and is currently trading down at 1369.75.

Here’s why copper has lost its indicator role

Dr. Copper is at 3.385 rising from 3.334 earlier.

The US dollar is trading between 84.46 and 83.52 and is currently trading up at 84.44, the bias is currently positive.

To contact me with questions, comments or constructive criticism is always encouraged and appreciated:

[email protected]

Written by Gary

Previous Post

Bernake to Congress: Ending Accomodative Monetary Policy Could End Recovery

Next Post

Massive Free Fall Sends Averages Down With Investors Worried

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

Massive Free Fall Sends Averages Down With Investors Worried

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect