Talk of this kind would be totally ignored by many, I think these markets are being manipulated, however most would disagree that the government is buying futures to sustain this movement in the markets.
interesting is right, since the news on Bloomberg I clicked on the bids on about 20 stocks like aapl, goog,msft,rimm, amzn and most of them have pulled back a bit from when I clicked on the bid yet the nq climbed almost 3 points. I realize a few stocks won't make the difference but these are the heavy hitters. I also did this on some of the S&P and the same thing. I don't know about most but I have found it very hard to find a pattern to trade outside of the one or two obvious moves as it doesn't matter if the dollar is up or down, news, the intervention makes it dangerous for both long and short day traders.
since the Bloomberg TV report about who is really buying and the move today what is also pretty interesting is that the CBOE was down several time today, prior and afterwards. If the TV report is correct then that may explain why the CBOE was down?
Good grief, someone asked a question. Why are there 8 pages of crap here? Please go here: http://www.nasdaq.com/asp/econodayframe.asp?page=http://anasdaq.econoday.com/byweek.asp?cust=nasdaq and here: http://www.forexfactory.com/calendar.php?c=2&week=1264291200&do=displayweek&month=1&year=2010 There's an academic idea (that I do not agree with) that says that all available information is priced into market prices. This means that when economic numbers come out and they are far from analyst estimates, then people will assume the market is wrongly priced and will react. #1. The manufacturing index was way lower than expected. #2. The jobless claims were way higher than expected. I know that there are many ways of interpreting reality, but I think that's a better "answer".