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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-04 01:35 PM
Response to Original message
27. 2:32 update - Doesn't look like it was worth opening shop today for the
Edited on Wed Jun-16-04 01:35 PM by 54anickel
markets. Treasury folks would have done well to have just stayed home.

Dow 10,377.73 -2.70 (-0.03%)
Nasdaq 1,996.61 +1.01 (+0.05%)
S&P 500 1,133.22 +1.21 (+0.11%)
10-yr Bond 4.721% +0.035
30-yr Bond 5.406% +0.033


NYSE Volume 798,614,000
Nasdaq Volume 954,121,000

2:00PM: Range bound trading persists on the broader averages with the S&P slightly outperforming the Nasdaq and the Dow...Small and mid-caps are showing similar signs of complacence with small-caps slightly outperforming...There are no additions to the list of leaders/laggards as volume continues to dry up on lack of conviction...Fed's Beige Book is due out at 2 ET and may offer some stimulus for a breakout as traders will likely analyze the verbiage looking for clues on the upcoming rate hike ...

Tomorrow offers a handful of economic data including PPI, initial claims, leading indicators and Philly Fed which should provide some added volatility to a market seemingly content with sideways trading...NYSE Adv/Dec 1595/1597, Nasdaq Adv/Dec 1505/1502

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  -STOCK MARKET WATCH, Wednesday 16 June ozymandius  Jun-16-04 07:01 AM   #0 
  - daily dollar watch  UpInArms   Jun-16-04 07:25 AM   #1 
  - Few more Meanspin quotes here -  54anickel   Jun-16-04 07:47 AM   #3 
  - I think debt per household is a more useful number.  Doctor Smith   Jun-16-04 10:17 AM   #19 
  - Quick drive by Mogambo post while I get myself ready to head out to.......  54anickel   Jun-16-04 07:44 AM   #2 
  - thanks 54anickel!  UpInArms   Jun-16-04 07:54 AM   #4 
     - Heh! He tends not to "mince" his words.  54anickel   Jun-16-04 08:42 AM   #11 
        - not only does he not "mince"  UpInArms   Jun-16-04 09:19 AM   #13 
           - I had to post this paragraph from Mogambo, because it's ...well...  KoKo01   Jun-16-04 09:25 AM   #14 
              - "...and when you get shipped to Waco, take those NeoCons with you!"  Media_Lies_Daily   Jun-16-04 11:21 AM   #23 
  - U.S. Housing Starts Fell 0.7% to 1.967 Million Rate in May  UpInArms   Jun-16-04 08:07 AM   #5 
  - Hope those builders contracts allowed for cost over-runs. Noticed that  54anickel   Jun-16-04 05:58 PM   #33 
  - pre-opening blather  UpInArms   Jun-16-04 08:29 AM   #6 
  - Markets are open at 9:36 EST  UpInArms   Jun-16-04 08:37 AM   #7 
  - That's not the direction the futures were pointing to -sheesh! Turn it  54anickel   Jun-16-04 08:41 AM   #10 
     - Wrong way! Wrong way!  Maeve   Jun-16-04 08:48 AM   #12 
  - Futures blather  54anickel   Jun-16-04 08:38 AM   #8 
  - Hmmm, duplicate post, My refresh didn't refresh at all!  54anickel   Jun-16-04 08:39 AM   #9 
  - Industrial production jumps in May  UpInArms   Jun-16-04 09:34 AM   #15 
  - Market Numbers and blather at 9:53 EST  UpInArms   Jun-16-04 09:55 AM   #16 
  - update 'cause you gotta check out the 11:00 EST blather  UpInArms   Jun-16-04 10:12 AM   #17 
     - And at 11:46, "lagging" again  Maeve   Jun-16-04 10:47 AM   #20 
  - dollar just took a HUGE spike upward  UpInArms   Jun-16-04 10:16 AM   #18 
  - I dunno...12:15 update shows  JNelson6563   Jun-16-04 11:17 AM   #22 
  - 12:08 Market Overview: "Summer Trading is blamed"--who writes this stuff?  KoKo01   Jun-16-04 11:15 AM   #21 
  - Summer trading - as in one too many pina coladas out on the deck?  54anickel   Jun-16-04 01:12 PM   #26 
  - Is Inflation Beast asleep? Business Week/Inflation isn't Dead Yet.  KoKo01   Jun-16-04 11:46 AM   #24 
  - Another article about "Hidden Unemployment Numbers." from Reuters....  KoKo01   Jun-16-04 01:40 PM   #28 
  - Market Numbers and blather at  UpInArms   Jun-16-04 11:58 AM   #25 
  - 2:32 update - Doesn't look like it was worth opening shop today for the  54anickel   Jun-16-04 01:35 PM   #27 
  - Greenspan: What, Me Worry?  54anickel   Jun-16-04 01:40 PM   #29 
  - Good Luck at the Jobs Fair, "54." Two articles I posted seem to verify  KoKo01   Jun-16-04 01:59 PM   #31 
     - Thanks KoKo. I'm just coming back to read the articles you and others  54anickel   Jun-16-04 05:32 PM   #32 
  - Fed Districts Report `Modest Increases' in Consumer Prices  UpInArms   Jun-16-04 01:54 PM   #30 
  - Closing numbers  54anickel   Jun-16-04 07:40 PM   #34 
  - From the "WTF is this doing on Yahoo Finance?" department  54anickel   Jun-16-04 07:52 PM   #35 
  - Today's WrapUp by Ike Iossif (Lotsacharts)  54anickel   Jun-16-04 07:58 PM   #36 
 

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