Market recap: "The rally that no one’s really enjoyed" continued as stocks capped a sixth...

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Furbonacci Comments (345)
 
I've enjoyed it. bears stink
17 Aug 2012, 04:16 PM Reply Like

Maverick86 Comments (75)
 
Did u also enjoy GTATs rally?
18 Aug 2012, 05:30 PM Reply Like

Julius Ferraro Comments (395)
 
I hate it but it didn't stop me from being up 31% YTD
17 Aug 2012, 04:18 PM Reply Like

David Urban Comments (1034)
 
The amount of manipulation in the market right now is frightening.
17 Aug 2012, 04:23 PM Reply Like

Hendershott Comments (1061)
 
Few investors enjoy a rally that is almost all in defensive stocks. Very selective, growth is dead....for now.
17 Aug 2012, 04:27 PM Reply Like

Whitehawk Comments (2789)
 
I made money on my FB short...closed today, may re-enter again later.

(At least bears hunt and hibernate; bulls feed on fodder, get fat and then eaten.)
17 Aug 2012, 04:29 PM Reply Like

Herr Hansa Comments (2918)
 
Definitely a boring time in the markets, though it has been a nice break from the action. We may still see more upside next week, and probably a continuation of low volume. September should be much more fun.
17 Aug 2012, 04:32 PM Reply Like

Debutant Comments (1205)
 
Could you please elaborate on your thoughts, expectations for September. Thanks.
18 Aug 2012, 06:56 AM Reply Like

Herr Hansa Comments (2918)
 
Unfortunately, only briefly. I am working on an article for an investment group at the moment, which is subscriber only, though I can share a couple of my research findings.

http://on.ft.com/ME3vrt

Fitch Ratings have a bit more information that tie into this with the change in corporate bonds ratings and issuance. Banks are basically locked up on lending, due to several factors, and that FT Alphaville article is not the only one that points that out.

http://on.ft.com/PvHCbr

I was wondering why there has been a decline in derivative trading, and why some sovereign CDS had been on the decline. At one level the derivative market is supply and demand, especially when one looks at Markit quotes.

Basically, there is a major shift happening in the velocity of money. We could see another aspect of that in some block secondary sales of Treasuries. The collateral and margin changes also affect that. It takes a bit of time for the major financial companies to work around these changes.
18 Aug 2012, 02:06 PM Reply Like

TruffelPig Comments (3247)
 
I like to short FB but I can not find any shares to short in Fidelity. Fidelity seems to be REALLY bad for shorting shares....otherwise I am very happy.
17 Aug 2012, 08:35 PM Reply Like

Clayton Rulli Comments (1499)
 
buy puts or even put spreads!
18 Aug 2012, 12:27 AM Reply Like

TruffelPig Comments (3247)
 
Long out and deep in the money? Not doing much options stuff.
18 Aug 2012, 07:24 AM Reply Like

bullandbearmash Comments (215)
 
The Dow is up 11% since the start of June - what a joke.

Wave 2 up still in play on the Dow. If wave 2 breaks through the start of wave 1, counts will be adjusted, but the big picture says down - the algos can't pump this dead horse forever.

http://bit.ly/PlFIg3

Time to leave the markets and invest in something more stable - like lottery tickets.
18 Aug 2012, 10:27 AM Reply Like

boston8b Comments (179)
 
Where's the joke? If you are long it's been really nice.
18 Aug 2012, 10:44 AM Reply Like

Tom in Texas Comments (287)
 
No kidding Boston. Bull&Bear probably sold in May & went away.
I'm up 15% since June 4th (10 weeks). I'm heavy in energy & ride the oil roller coaster, but I'm glad I hunkered down & stayed all in.
18 Aug 2012, 02:36 PM Reply Like

bullandbearmash Comments (215)
 
Trading and forecasting are completely different. Congrats on your returns. I guess you have sold and the cash is in your account?

The joke is that markets are a measure of future potential. The economy is shrinking (estimates are continuously revised down) and the markets keep pushing higher.

Have a look at the volume on the Dow. http://bit.ly/PlFIg3
18 Aug 2012, 09:21 PM Reply Like

WMARKW Comments (8383)
 
"Friday, August 17, 2:55 PM Forty-four states recorded unemployment rate increases in July, two states posted rate decreases, and four states had no change, the BLS reports. Nevada continued to record the highest rate (12%), followed by Rhode Island (10.8%) and California (10.7%). New York and New Jersey hit their maximum unemployment rates for the downturn."

Seems contrary to me !!!
18 Aug 2012, 11:40 AM Reply Like

lostalloncoal Comments (376)
 
Well, I am down 20%. Thanks to coal stocks and Obama. Not sure how much coal will crash when market corrects.
18 Aug 2012, 06:51 PM Reply Like

WINTERMUTEv04 Comments (61)
 
It's hard to believe it's even a "rally" right now for me in riskier stocks...

Q1 was a rally... financials and other risky stocks were soaring.

The current rally is slow defensive stock growth and rather boring.

Happy for anyone doing well, of course.
18 Aug 2012, 10:32 PM Reply Like