SI
SI
discoversearch

 Strategies & Market Trends | Buy and Sell Signals, and Other Market Perspectives


Previous 10 | Next 10 
To: chartseer who wrote (31226)4/25/2012 12:06:19 PM
From: chartseer
   of 62441
 
Doubled down this morning on my tiny short???

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Al Greenleaf who wrote (31274)4/25/2012 12:46:16 PM
From: GROUND ZERO™
   of 62441
 
No, the model is still short gold, we would need to close today above 1680ish or so to turn me bullish...

GZ

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: Eva who wrote (31275)4/25/2012 12:49:15 PM
From: GROUND ZERO™
   of 62441
 
Thanks, but you could find anything on the net these days, I have to follow my own signals no matter whether we crash this afternoon or not, I trust my own work before anyone else...

GZ

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: Eva who wrote (31275)4/25/2012 12:55:23 PM
From: GROUND ZERO™
   of 62441
 
Besides, I doubt ben would want to say anything to spook the markets, I'm sure he's under strict orders from the White House to pump it up...

GZ

Share Recommend | Keep | Reply | Mark as Last Read

To: Eva who wrote (31275)4/25/2012 12:58:51 PM
From: architect*
1 Recommendation   of 62441
 
Press Release

Release Date: April 25, 2012

For immediate release Information received since the Federal Open Market Committee met in March suggests that the economy has been expanding moderately. Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated. Household spending and business fixed investment have continued to advance. Despite some signs of improvement, the housing sector remains depressed. Inflation has picked up somewhat, mainly reflecting higher prices of crude oil and gasoline. However, longer-term inflation expectations have remained stable. Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects economic growth to remain moderate over coming quarters and then to pick up gradually. Consequently, the Committee anticipates that the unemployment rate will decline gradually toward levels that it judges to be consistent with its dual mandate. Strains in global financial markets continue to pose significant downside risks to the economic outlook. The increase in oil and gasoline prices earlier this year is expected to affect inflation only temporarily, and the Committee anticipates that subsequently inflation will run at or below the rate that it judges most consistent with its dual mandate.

To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee expects to maintain a highly accommodative stance for monetary policy. In particular, the Committee decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that economic conditions--including low rates of resource utilization and a subdued outlook for inflation over the medium run--are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014.

The Committee also decided to continue its program to extend the average maturity of its holdings of securities as announced in September. The Committee is maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction. The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate to promote a stronger economic recovery in a context of price stability.

Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; William C. Dudley, Vice Chairman; Elizabeth A. Duke; Dennis P. Lockhart; Sandra Pianalto; Sarah Bloom Raskin; Daniel K. Tarullo; John C. Williams; and Janet L. Yellen. Voting against the action was Jeffrey M. Lacker, who does not anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate through late 2014.



archive of FONC meeting transcripts
2012 Monetary Policy Releases

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: GROUND ZERO™ who wrote (31278)4/25/2012 12:59:54 PM
From: NOW
   of 62441
 
from you lips to the feds ears...<;

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: architect* who wrote (31281)4/25/2012 1:01:19 PM
From: NOW
   of 62441
 
pretty accomadative language though no clear mention of qe3
walking the tightrope giving something to everyone

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: NOW who wrote (31283)4/25/2012 1:06:07 PM
From: SGJ
1 Recommendation   of 62441
 
Operation Twist still on though:

The Committee also decided to continue its program to extend the average maturity of its holdings of securities as announced in September.



Not that it matters.

Share Recommend | Keep | Reply | Mark as Last Read

To: NOW who wrote (31282)4/25/2012 1:11:21 PM
From: GROUND ZERO™
   of 62441
 
Well, considering the fact that bernanke is probably reading this thread, we could see it happen...<g>

GZ

Share Recommend | Keep | Reply | Mark as Last Read


To: NOW who wrote (31283)4/25/2012 1:21:55 PM
From: architect*
2 Recommendations   of 62441
 
International QE3 is on-going. Brazil, Thailand, Russia, Philippines, Malaysia, Chile, China and India are easing monetary policy - by lowering interest rates and, or decreasing bank reserve requirements.

Nov. 2011, the US Federal Reserve offered unlimited USD swaps, to central banks in -
Canada, Switzerland, Great Britain, ECB, and Japan. That's more money

ECB - recent long term refinancing (Greece and so on) created trillions in liquidity.

Low US interest rates and low US inflation, and moderate growth are only part of global picture. Brazil with interest rates of 12%, and many other emerging market countries, have lots of room to decrease interest rates - making more money available.

The complexity is understanding real international growth based on the cost of money and inflation. 6% GDP growth may be negative. Ben paints the picture that real US GDP is positive and growing moderately and US consumers are buying stuff, other than houses. 35 million I-phones sold in 90 days and Apple's stock increased in in value by $35 billion in a matter of minutes, that's real money flow, albeit paper.

Apple and Exxon's' market cap are bigger than Greece's 2011 GDP. Exxon should also report a great quarter, the market is bidding up Exxon shares.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)
Previous 10 | Next 10 

Copyright © 1995-2014 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.