Market Weekly: Feb 5 Feb 9 2018

Viewing 15 posts - 46 through 60 (of 80 total)
  • Author
  • #14897

    China trade balance for January: CNY 135.8bn (expected CNY 330.00bn)
    China preliminary Q4 current account surplus USD 62.2bn
    Germany December trade balance +EUR 18.2bn vs +EUR 21.0 bn expected
    Spain December industrial production y/y +6.1% vs +3.9% expected
    Bank of France January industry sentiment indicator 105 vs 110 expected

    BOE MPC leave key rates and QE on hold. Vote 9-0
    RBNZ keeps OCR rate unchanged at 1.75%


    Initial Jobless Claims -9K at 221K vs. 235K consensus, 230K prior (unrevised).
    Continuous Claims: -33K at 1.923M vs. 1.956M.


    Gyrations continue – oil has issues with vol sellers much like VIX did on stocks give gets much away from here on downside


    [color=red][b]MINUS 400 points down on DOW at high noon :ohmy:
    Maybe Janet should have been kept in place, as ZIRP as the days of EZ money could be ending in 2018 :whistle:
    And thus the WILD ride continues :woohoo: :woohoo: :woohoo: [/b][/color]


    A3 and PPT must be taking a catnap right now 😉


    Ohhhh the humanity …. DOW is 666 points down 👿 :woohoo:


    MINUS 1033 :woohoo: :woohoo: :woohoo: :woohoo:


    [size=5][color=red][b]Dow Jones 23,860.46 -1,032.89 (-4.15%)
    S&P 500 2,581.00 -100.66 (-3.75%)
    Nasdaq 6,777.16 -274.82(-3.90%)

    time to find the nearest “watering hole” :ohmy: [/b][/color][/size]


    A3 must be a sound sleeper …. as I couldn’t sleep thru storms with winds of 1175 and 1033 mph 😉


    According to some articles I read today, the extreme VIX instability between current & 2 month out contracts suggests a period of instability. In fact, some BEARS note a 20-30% range with some VIX measures at record levels. I’m hoping that won’t occur, but some greater fear of inflation plus interest rates is driving VIX up. This massive sell-off caught me completely off guard & I don’t even understand reasons for 1,000 point selloffs? Being 99% cash, I’m definitely going to start buying in — but patiently, gradually, & cautiously 🙂

    “This is especially true as the CBOE Volatility Index (VIX), also known as the fear gauge, soared 115.6% on Monday, its biggest one-day jump on record, and then hit 50 for first time since 2015 on Tuesday before retreating to 30 at the close. The fear gauge measures investors’ perception of the market’s risks and tends to rise when a stock falls or investor panic starts to set in (read: Inverse Equity ETFs to Bet on Historic Selloff).”



    I could sleep thru a train wreck when I am in my deep sleep


    Market in correction
    U.S. jobless claims near 45-year low
    TRUMP APPROVAL: 48% (higher than Obama’s this far into his first year)


    China’s stock market benchmark falls 5.5 percent, other Asian markets down sharply following Wall Street plunge.


    US government shuts down for second time in three weeks

Viewing 15 posts - 46 through 60 (of 80 total)
  • You must be logged in to reply to this topic.