Gotta love ZERO RISK in the SP500 = $$$

S2007S · Jul 2, 2015

a slow steady sell off throughout the entire day, lets see what the afternoon brings, if this market doesn't show signs of strength it could lead to a nasty end of the day sell off going into the 3 day weekend.

Max E. · Jul 2, 2015

S2007S said:
a slow steady sell off throughout the entire day, lets see what the afternoon brings, if this market doesn't show signs of strength it could lead to a nasty end of the day sell off going into the 3 day weekend.
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Wouldnt be surprised to see them mark it up later when everyone is long gone.

romik · Jul 2, 2015

Max E. Pad said:
Maybe not, but anyone who was desperate to sell, was going to sell today, where as buyers are in no hurry right now. From a pure liquidity standpoint anyone anxious to get out is getting out today, and no one is in a hurrry to buy, i shorted the ES and rode it most of the day but then got bored, and dumped about a half an hour ago so i could start breaking out the vodka.
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tradingjournals · Jul 2, 2015

S2007S said:
Traders now betting Fed to wait until 2016 for first rate hike
52 Mins AgoReuters

HAHAHAHAHAHAH whats this?????
My prediction of no interest rate hikes in 2015 is still right....now predictions are for 2016, fucking idiot fools, just as I said they can't raise rates because they know how worthless and weak this economy is....Im telling you every single time it gets closer they push it out further, and when January comes they will say end of first quarter and so on, as I said interest rates aren't going anywhere, once Chinas bubble bursts and GDP is under 5% and falling and they are lowering rates the US will say with China slowing and the rest of the world on edge of a recession we will keep rates at historical lows.....way to go, they will be so far behind the curve the markets will have to dictate the move higher which will happen without the fed making that decision, it will be the market that makes the decision automatically, fed is so backed up into the corner they have no clue whats coming.

U.S. short-term interest-rate futures contracts rose on Thursday as a weaker than expected government report on jobs prompted traders to put on bets the Federal Reserve will wait to raise interest rates until next year.

Futures contracts show that traders now see January as the first Fed meeting when a rate hike is more likely than not, based on CME FedWatch, which tracks expectations using its Fed funds futures contracts.

Traders see just a 49 percent chance of a December rate hike, down from 57 percent just before the report was published. The report showed a drop in the U.S. unemployment rate to 5.3 percent which reflected an exit of workers from the labor force rather than a strengthening of the jobs market.

The Fed has kept short-term rates near zero since December 2008.
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You and I knew there would be no rate hike. I believe the next rate change is more likely down. If they get to 0.25% then hiking as a next rate change could make sense.

tradingjournals · Jul 2, 2015

Max E. Pad said:
Maybe not, but anyone who was desperate to sell, was going to sell today, where as buyers are in no hurry right now. From a pure liquidity standpoint anyone anxious to get out is getting out today, and no one is in a hurrry to buy, i shorted the ES and rode it most of the day but then got bored, and dumped about a half an hour ago so i could start breaking out the vodka.
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Breaking out the vodka: the guy who sold to you that ES had probably bet it would go up the arse of someone, but he probably did not foresee the breaking.

Max E. · Jul 2, 2015

tradingjournals said:
Breaking out the vodka: the guy who sold to you that ES had probably bet it would go up the arse of someone, but he probably did not foresee the breaking.
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LOL, he got his breakout but little did he know it was only the vodka that was breaking out.

romik · Jul 2, 2015

What I find interesting is that everybody 'in the know' is aware that Greece is bankrupt. They can't make any debt repayments without bailout funds.

romik · Jul 3, 2015

Can Greece start printing Euros without permission of ECB?

http://www.marketoracle.co.uk/Article51289.html

romik · Jul 3, 2015

I do believe that Greece issue will be sorted out positively, the end will come from hyperinflation, just as it did in the past.

Rickshaw Man · Jul 3, 2015

July 4th Barbecues Will Be a Lot More Expensive
7/2/2015 8:01PM
Grilling burgers and hot dogs are going to be a lot more expensive this year. MarketWatch's Catey Hill shares ways you can bring down the cost and still enjoy barbecue season. Photo: Getty Images