Dow

sabretoothtigger

'tis true It didnt do the chernobyl housing market any good.
Consumer confidence seems like a feedback effect, stocks rise and everything is fine now apparently, so people become more confident and thats a reason why stocks should rise some more ? !!!!!!



Me, Im much more realistic
10 ways the world will end
http://www.stsci.edu/~inr/observ/dpics/d7.htm

historical record suggests that big jumps in consumer confidence are typically followed by below-average stock market performance

http://www.marketwatch.com/story/a-contrarian-take-on-the-consumer-confidence-data

sabretoothtigger

howardlindzon.com/?p=4143

BROAD MARKET - cumulative AD line at new highs for year, showing broad participation

StevieJ

The S&P is currently around 940 so above the 200 day MA, if it can hold this it may be a bullish sign.

The S&P500 high for this year is around 943.85, while the 200 day moving average dissects the price axis at around 930. If the markets manage to close above these key averages it could prompt a further short squeeze towards 1,000 on the S&P and above 9,000 on the Dow.

http://uk.biz.yahoo.com/090601/214/ilxr9.html

purch

The S&P is currently around 940 so above the 200 day MA, if it can hold this it may be a bullish sign

Best sign I can think of, to show that the Bear market has ended. (probably back in November if truth be told, but it had a bl8*dy long way to catch the MA)

sabretoothtigger

Above the 200 MA is impressive. When I first thought it might fallback, the MA was about 950 so this is par for the course so far I guess

mewbie_2

Super stocks today. I wonder how that compares with the price of a property in Merthyr Tydfil over the last week?

sabretoothtigger

Some good TA for noobs like myself here:

http://www.youtube.com/watch?v=1sPY5XNCaLA

Mentions the MA and the broad market thing. Everything advancing at once is apparently a good thing, not sure of the history however you can see in the chart they display that feb/march shows us a broad decline in the market occurred, at a faster rate I think

Nyse AD seems related to sentiment & confidence imo







http://stockcharts.com/charts/gallery.html?$NYAD

bubblesmoney

wasnt sure whether to post this here or on a separate thread. anyway here goes ....

hope the regular traders on here find this link useful. surely when a director offloads a billion dollars worth of shares (see sale of 12th june on the link) it must indicate share price movements yet to come. btw most of the insider trading data shows sales i think. http://finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue

also something might be brewing on zerohedge, dont know how accurate this is though ...

Which is why we were greatly troubled when we learned recently on good authority that Federal representatives may have opened multiple undisclosed-type accounts with none other than State Street Global Advisors over the past few months. All of these accounts are allegedly handled by one single trader, who is cocooned and isolated from interaction with other partners.

Zero Hedge can, as of yet, not vouch for this being 100% factual and is asking readers who may have additional knowledge of the situtation to please come forward and share their views (tips@zerohedge.com). If, indeed, the Federal Reserve or other derivatives of the administration, are now directly involved in trading, managing repo terms, stock lending, collateral distribution and other liquidity-crucial aspects of what was once an efficient market, then indeed this rally could be written off not merely as the biggest short covering rally of all time, but one that has been explicitly orchestrated by those who should be most impartial to an efficiently working market.

sabretoothtigger

Wow thats a great site for info I think,
http://finviz.com/groups.ashx?g=sector&v=210&o=name

Great to quickly see which sectors are going where and so on, not seen it so accessible anywhere else

With regards to insider dealing, I think these guys know they are being watched so I would not draw any specific conclusion.
It would be interesting to see some sort of percentage chart for insider buying in every month for the last year and see how that compares to apparent market sentiment

For general corruption, I think the worst mistakes are made quite predictably and openly but their effects are not immediate or obvious till the tide goes out. It wont be pretty Im sure

bubblesmoney

sabretoothtigger wrote: »

Wow thats a great site for info I think,
http://finviz.com/groups.ashx?g=sector&v=210&o=name

Great to quickly see which sectors are going where and so on, not seen it so accessible anywhere else

With regards to insider dealing, I think these guys know they are being watched so I would not draw any specific conclusion.
It would be interesting to see some sort of percentage chart for insider buying in every month for the last year and see how that compares to apparent market sentiment

For general corruption, I think the worst mistakes are made quite predictably and openly but their effects are not immediate or obvious till the tide goes out. It wont be pretty Im sure

a similar chart of the market sectors and regions is available on stockcharts website if i remember right as had posted a clip a few months ago on here on another thread

edit: oops might be wrong on the stockcharts. think i mighht have linked earlier to the same finviz chart on a really bloody week when allsectors were in red the world over