Week Ahead Look the S&P 500

Everyone has at least one, so big round of applause to all the Moms out there on Mother's Day.

There are less pictures and a little more commentary in this update. Please enjoy responsibly. Market Commentary 13May12

12 comments:

AmenRa said...

A lot of SNB intervention happening tonight. Every time EURCHF dips below 1.2000 (ex 1.1983) it jumps back up to 1.2008 (minimum).

BinT said...

Ten year was 1.78 this morning...peeps in Europe sure are nervous..

AmenRa said...

BinT

At this rate the 10yr will take out its low from Sept 2011 (1.696).

AmenRa said...

Moody’s Said to Delay Bank Downgrades Amid Crisis, JPMorgan Loss
http://www.bloomberg.com/news/2012-05-14/moody-s-said-to-delay-bank-downgrades-amid-crisis-jpmorgan-loss.html

quote:
"Moody’s Investors Service is delaying ratings downgrades on more than 100 banks as it assesses the effect of JPMorgan (JPM) Chase & Co.’s trading losses and a greater possibility of a euro breakup, a Moody’s official said."

Pussies.

Andy T said...

S&P500...smack dab at 1338...trying to hold.

AmenRa said...

Andy T

After a quick seek and destroy mission below 1338 the SPX has held above support. But support might not last until the close.

AmenRa said...

Always useful for a quick look at world government 10yr yields: http://markets.ft.com/RESEARCH/Markets/Government-Bond-Spreads

AmenRa said...

Last time Gold went below its weekly SMA(89) was Aug 2008.

AmenRa said...

Support deez!

AmenRa said...

She's not gonna make it.
Scotty: Capt'n I don't think she can handle much more.

AmenRa said...

Below March 2012 low. Check.

AmenRa said...

BTW nuevo.

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