Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

SPY -0.6%, QQQ -0.8% following numerous economic releases this morning showing any...

  • Thursday, February 21, 10:17 AM ET
    SPY -0.6%, QQQ -0.8% following numerous economic releases this morning showing any financial market froth from the Fed's QE isn't spilling over into the economy. Long-term Treasurys add to gains, the 10-year yielding 1.97% and TLT +0.7%, TBT -1.4%.
Track new comments on this story

This news story has 19 comments:

  •  
    But if QE isn't working what are we going to do? Keynes didn't really have any other options. Toss money and see if it sticks. We threw the money and it stuck.....to balance sheets. Way to go, guys!
    21 Feb, 10:29 AM Reply Like
  •  
    I don't think we need to start overreacting just yet. This is just a pullback right now.
    21 Feb, 11:01 AM Reply Like
  •  
    I think we need to overreact as much as we can. We need a good old-fashioned crash.
    21 Feb, 11:13 AM Reply Like
  •  
    O no, this was not an overreaction. I am hoping/thinking we might see a bit of a pull back. The market is smarter than me though so who knows!

    I think this QE policies are a joke. Let the people overreact!
    21 Feb, 11:20 AM Reply Like
  •  
    Why can't we have a crash? I have raised cash to buy UPRO calls next Wednesday. Now I am going to sulk. They promised me a crash and they better deliver.
    21 Feb, 11:21 AM Reply Like
  •  
    Anyway, it is always when I just bought something that it pulls back!
    21 Feb, 11:43 AM Reply Like
  •  
    Why next Wednesday? You getting your haircut?
    21 Feb, 11:48 AM Reply Like
  •  
    Need a crash? lol OK, Einstein!
    21 Feb, 11:57 AM Reply Like
  •  
    "But if QE isn't working what are we going to do? Keynes didn't really have any other options. Toss money and see if it sticks. We threw the money and it stuck.....to balance sheets. Way to go, guys!"

    Like the Austrians say, "you can't print your way to prosperity."
    21 Feb, 12:04 PM Reply Like
  •  
    "Why next Wednesday?"

    Watch the fiscal cliff nonsense my friend. Watch and learn.
    21 Feb, 12:14 PM Reply Like
  •  
    We need austerity and 50% unemployment. Right now.
    21 Feb, 12:15 PM Reply Like
  •  
    "Following numerous economic releases this morning showing any financial market froth from the Fed's QE isn't spilling over into the economy". This deal will be recorded as the largest waste of money in history save for the few and those who traded it.
    21 Feb, 11:41 AM Reply Like
  •  
    If I understand correctly, the mention of adding a topic to the March agenda for the Federal Reserve meeting was the primary factor in the equity markets dropping sharply yesterday. Yes, that topic is QE and the potential for reducing the magnitude of QE going forward. Still, just the consideration of discussing the topic has this much impact on the equity markets? If the equity markets are that unsteady then perhaps our economy is more tenuous than previously feared.
    21 Feb, 11:43 AM Reply Like
  •  
    Why not give QE to every person instead of the banks? All it has done is juice the market and made a few bankers rich. Unemployment has not changed, goods are getting more expensive despite the Fed claims, and are debt keeps growing. At least if they divided up the loot, we could have a party before the collapse.
    21 Feb, 11:47 AM Reply Like
  •  
    What a short lived party that would be! People would get the loot, (hopefully pay down debts) and then go on a spending spree. No one in America saves any more, why would all these Keynes followers want to save? Everyone spends, producers raise their prices, people run out of money. Repeat.
    21 Feb, 11:50 AM Reply Like
  •  
    That would be wonderful indeed. Help us Helicopter Ben. You are our only hope.
    21 Feb, 12:15 PM Reply Like
  •  
    I'm going to panic now! I see a 1500 point precipitous fall in the Dow. The drop may not stop anywhere near there. Obama wants the Sequester. Europe is and has been in recession. Everything points to a de-escalation in the market of stocks. The sky is falling! Get out! Seek protection.
    21 Feb, 02:04 PM Reply Like
  •  
    Precisely. This is not the time to not panic.
    21 Feb, 04:12 PM Reply Like
  •  
    I feel that on any pullback in the market, it is an opportunity to buy and I am beginning to feel it is time...Today I put in an order for a small amount of SPY, and am also putting in a hedge on my PM holdings shorting gold and silver with ETF's for a bit in here. I feel my long awaited call to go long in PM's will be coming soon, but for now, why not ride the trend. I also feel we will see 1.37 on the E4 again before the big drop. Watch my "stock talks" if you like. Articles are hard to come by, but will work on them again soon. For now coin shows have my attention as I am doing better with numismatics and having more fun than stocks ever gave me.

    Capt. Brian
    The Lost Navigator

    For coin info see http://www.ngccoin.com
    21 Feb, 11:49 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Articles
More Latest Articles »