07/02/2010 白天灌水

csw2002

Man - man financials

Diver

I guess GS and other locals are performing their responsibilities of market makers. In last few days, the trend was obviously down and papers were selling heavily, but GS and other locals were mainly buying to absorb the papers' sales, and now the trend seems ready to rebounce and papers are buying, but GS switches to selling. What do you think?

CARS =contracts
90ufo 发表于 2010-7-2 10:11

niufen88

回复 96# ranchgirl


    thanks.

爱在雨中

what is Man?
AGA7d 发表于 2010-7-2 10:24

    Man Group Plc

Diver

bear flag?

range day with drecresing range...
abaqus 发表于 2010-7-2 10:27

csw2002

Locals are flattening out

Diver

Today looks like a range day today - my suggestion is to buy low and sell high at range extremes
csw2002 发表于 2010-7-2 10:27

90ufo

next week eco calendar is light:  
July6: Tuesday ISM-non Mfg  
July8: jobless
July9: wholesale trade
大概会阴跌, 除非打鸡血??

90ufo

yesterday saw some sell VIX July 35/45 call spread.  
talk about realized volatility is lower than expected. VIX low也可以阴跌.
http://www.youtube.com/watch?v=-Ez4j4mu_jQ

csw2002

I guess GS and other locals are performing their responsibilities of market makers. In last few days ...
Diver 发表于 2010-7-2 10:29

GS is not a market maker in the S&P pit. This is the function performed by the locals. That's not to say GS wouldn't attempt to do so on its own. However locals go home flat each night and hence while they do provide liquidity, they only do so at intraday level.

Cobra

我们已经连跌这么多天了，也不喘口气，太熊了！！！
班长你觉得今天的job是不是好啊？9.5了，降了
littlevivi 发表于 2010-7-2 10:20

    Job数据不说明什么

abaqus

bear flag?
Diver 发表于 2010-7-2 10:30

It could be...

the upper support line from yesterday low is hold very well..
we may move up a little from here to form a bear flag..
it may test ES 1031.xx again..

but still bearish..

Simpletrader

triangle again?

intral

YGE looks pretty good.  Didn't drop much in the last few days and just break up the range.

AGA7d

Locals DT only?

macadamia

GS is not a market maker in the S&P pit. This is the function performed by the locals. That's no ...
csw2002 发表于 2010-7-2 10:33

    what are pit and papers? thanks

Cobra

The jobs picture in June was quite mixed as temporary Census workers were laid off and private hirin ...
90ufo 发表于 2010-7-2 10:42

    Job report其实是个joke。

90ufo

我们已经连跌这么多天了，也不喘口气，太熊了！！！
班长你觉得今天的job是不是好啊？9.5了，降了
littlevivi 发表于 2010-7-2 10:20

The jobs picture in June was quite mixed as temporary Census workers were laid off and private hiring was positive but moderate. Also, the unemployment rate continued to dip even as the workweek slipped. Overall payroll jobs in June fell back 125,000 after spiking a revised 433,000 in May and after a 313,000 jump in April. The June decrease was matched the market forecast for a 125,000 decline.

Looking beyond the temporary effects of Census hiring and firing, private nonfarm employment increased 83,000, following a 33,000 rise in May. The latest figure fell short of analysts' projection for a 105,000 advance in private payrolls.

The private sector gain was led by a 91,000 boost in private service-providing jobs. This included professional & business services, up 46,000, and leisure & hospitality, up 37,000. The goods-producing sector lost a net 8,000 payrolls with construction down 22,000. Manufacturing posted a 9,000 gain while mining & logging advanced 5,000. Manufacturing has risen three months in a row.

The big weakness, of course, was a 208,000 drop in government jobs after a 400,000 jump in May. The decline included the loss of 225,000 temporary employees working on Census 2010. Employment in both state and local governments was little changed over the month.

On a year-ago basis, overall payroll jobs improved to down 0.1 percent in June from down 0.4 percent the prior month.

There other signs of a slowing in the labor market. Growth in average hourly earnings eased to a 0.1 percent decline, following a 0.2 percent boost in May. The average workweek for all workers edged down to 34.1 hours compared to 34.2 hours in May. The market forecast was for 34.2 hours.

The good news at face value in the June report was that the unemployment rate to 9.5 percent in June from 9.7 percent in May. However, the decrease was due to a sharp drop in the labor force. (说明很多人放弃找工作. 还有人失业救济过期,也不算在labor force内.)

Overall, the June jobs reports points to a softening in the labor market. Private employment continues to grow, but at a more moderate pace. On the news, markets were uncertain of how to react as equity futures moved back and forth.

csw2002

回复 115# AGA7d

99% of the times locals go home flat each night. There are odd occasions when locals take positions overnight. This is the exception rather than the rule. Again please read another thread I created specifically dealing with the dynamics of locals vs institutions.

Diver

You made sense. Thank you.

GS is not a market maker in the S&P pit. This is the function performed by the locals. That's no ...
csw2002 发表于 2010-7-2 10:33