DOW 15,411.20 0.50%

NASDAQ 3,505.68 0.26%

S&P 500 1,672.09 0.35%

VIX 13.26 1.84%
SPX 500 (CFD) 1,671.90 0.34%

DOW (CFD) 15,409.50 0.48%

NASDAQ 100 3,030.40 0.31%

EURUSD 1.290 0.14%
UK 6,803.30 0.71%

GERMANY 8,471.00 0.19%

FRANCE 4,035.50 0.33%

SPAIN 8,468.50 -0.60%
H. KONG 23,381.00 -0.54%

JAPAN 15,401.00 0.13%

KOREA 1,981.09 -0.07%

SHANGHAI 2,305.11 0.22%
NAT GAS 4.20 2.62%

GOLD 1,372.90 -0.81%

SILVER 22.43 -0.62%

COPPER 3.33 -0.70%
FRANCE 2YR 0.19 -10.90%

GERMAN 2YR 0.01 240.00%

ITALIAN 2YR 2.18 27.59%

SPAIN 2YR 2.81 8.21%
FRANCE 10YR 1.90 1.22%

GERMAN 10YR 1.39 1.09%

ITALIAN 10YR 3.92 0.69%

SPAIN 10YR 4.19 -0.38%
WTI 96.16 -0.57%

BRENT 103.87 -0.89%

WTI/BRENT 7.71

321 CR SPR 21.96 10.04%

The Wall Street is Sl”U”t Machine Shit

By trendfollower – Thu Jun 7, 2012 4:46pm – No Comments

Beware. Beware of the lack of trend. This is the mantra you need to follow for a while. Two major factors are contributing to this trendless market-the FED’s free money and global scare. Until either of the factors wins, you should buy the dips (not breakdown) of stocks that you like for whatever reasons and sell the 5-10% rips. Avoid shorting this market with conviction, you may short individual stocks you hate for whatever reasons, but do NOT touch indices, or worse triple ETFs. In any event, welcome to the great summer slot machine casino of the summer of 2012.

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- Bio: The current blog is dedicated to the trend analysis and tape reading. Unlike other blogs it DOES not focus only on the technical analysis. Rather it analyzes the whole spectrum of the market and beyond, such innovation trends, politics, and human psychology in general. As my trading experience has taught me everything counts in the market.
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Major US	US Futures	Europe	Asia	Commodities	2yr Euro Yields	10yr Euro Yields	Oil
DOW 15,411.20 0.50% NASDAQ 3,505.68 0.26% S&P 500 1,672.09 0.35% VIX 13.26 1.84%	SPX 500 (CFD) 1,671.90 0.34% DOW (CFD) 15,409.50 0.48% NASDAQ 100 3,030.40 0.31% EURUSD 1.290 0.14%	UK 6,803.30 0.71% GERMANY 8,471.00 0.19% FRANCE 4,035.50 0.33% SPAIN 8,468.50 -0.60%	H. KONG 23,381.00 -0.54% JAPAN 15,401.00 0.13% KOREA 1,981.09 -0.07% SHANGHAI 2,305.11 0.22%	NAT GAS 4.20 2.62% GOLD 1,372.90 -0.81% SILVER 22.43 -0.62% COPPER 3.33 -0.70%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR 0.01 240.00% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.90 1.22% GERMAN 10YR 1.39 1.09% ITALIAN 10YR 3.92 0.69% SPAIN 10YR 4.19 -0.38%	WTI 96.16 -0.57% BRENT 103.87 -0.89% WTI/BRENT 7.71 321 CR SPR 21.96 10.04%