I am predicting that US stock markets will have to temporarily close in the next month

Discussion in 'Trading' started by londonkid, Aug 25, 2015.

  1. The July OpEx would qualify IMO...the Nasdaq put in a convincing run on the back of a handful of stocks that gapped 5-10% higher...the Dow was already in the midst of a correction and lagging...
     
    #51     Aug 31, 2015
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  2. piezoe

    piezoe

    I'm glad to hear that. That's much more sensible. Once stocks started moving sharply off "the March 2009 devils bottom" it's hard to imagine someone remaining bearish in outlook over these years since 2009. It appeared to me since Dec 2014 that the market was showing classic signs of wanting to put in a major top , and I commented on this somewhere in ET. It took its sweet time, we were way overdue for a correction, but we finally got that correction we were patiently waiting for.
     
    #52     Aug 31, 2015
  3. QE is just bond buying by the FED, which suppresses rates and rates on treasuries are near historic lows right now. Fundamentals haven't changed, but sentiment has. There's just not enough buyers to push the market to ATH, hence the 6 month consolidation, and now people will get shaken out until solid support is found. Nobody knows when that will be.

    The FED should just hike in september and rip the bandage off the wound, because they're doing more harm than good by making people guess month to month.
     
    #53     Aug 31, 2015
  4. londonkid

    londonkid

    Some signs panic is building again. Vix ramping. Going to be in an interesting month.
     
    #54     Sep 1, 2015
  5. londonkid

    londonkid

    Assume brace position. Chinese indices look very bearish going into Asian open.
     
    #55     Sep 3, 2015
  6. U.S. markets finished weak which will carry over to Asia and Europe tonight. Poor job numbers coming tomorrow (but they'll be "revised" next month, don't worry). Sounds like a recipe for a really bad day on Wall Street tomorrow!
     
    #56     Sep 3, 2015
  7. Sig

    Sig

    Where did you manage to get ahold of tomorrow's job numbers? If the consensus is that they're going to be poor, then that's already been priced into the market today.
     
    #57     Sep 3, 2015