Ammeo

Man, Usd/Jpy is getting killed... USDJPY Slumps Most In 4 Months As Nikkei Futures Tumble 450 Points USDJPY – Testing recent lows at 104.15.. below the sell stops of 104.10 are bids at 104.00

Twitter (NYSE:TWTR) is likely going to be watched carefully by investors in Monday's session. Last week, TWTR shares took a fantastic ride in an already fantastic month. Over the holiday-shortened trading week, Twitter gained 22% to close at $73.31 on Thursday. This was its busiest day of trading since the November IPO as 82.7 million shares changed hands. The stock then plummeted 13% on Friday after analysts began worrying about the seemingly elevated stock price. Nonetheless, volume was heavy once again, at 56.9 million shares. According to a Securities and Exchange Commission filing late Friday, Apple Inc. (NASDAQ:AAPL) is informing shareholders to reject a share buyback plan that activist investor Carl Icahn is pitching.

1220 is the max - don't forget about the FOMC - also 1217 - was a real seller pushing to 1180 - so monday and tuesday are on the ride down most probably..

BTW The median of calls/puts is around 3600, with low 3300 and high 3950. So most people see 3950 as the top of this bull trend. Options traders at trading desks only see low 3300 in Jun 2014.

Yes offcourse its bearish as a whole but the way it surged to that 1.38 zone was impressive, technically may get another upward rush be it for just a small duration like for a couple of days or so...

If the 1.37586 isn't breached (0.50 Fibo from 1.3624) in my opinion it would go for 1.3892 again to test So A nice Long here on EU with tight SL

Failing to crack 105 on closing will lead to 103.50 again be4 breaking 106++..

U can enjoy it by keeping all ur emotion away from it..

Apple given a 2014 upgrade at Jefferies..Think we'll see further rise in it come early 2014..

I had a pending short 161 hit to 160.5 TP An long pending 161.4 to 162 TP thought we would see a bounce before it climbs again.

Oracle buys San Bruno-based Responsys for $1 billion in cash...hmmm Oracle is expanding itself despite recent poor results..

BTW for anyone who is interested, if you read/listen to those on kingworldnews (massively bias gold/silver bulls) they often refer to the COT report (Commitment of traders). The Commitments of Traders (COT) reports provide a breakdown of each Tuesday’s open interest for markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC. http://news.goldseek.com/COT/ It is interesting to see the change in COT from the highs in 2011 to now, but it is also fascinating that commercials are no longer adding heaving amounts of shorts, but rather longs in the past couple of months, and the large speculators are reducing there exposure to the short side also. Anyway food for thought its an interesting data set that can give you an idea of where the market sentiment is sitting.

Gold has been acting strange since yesterday US session, and since now is saturday I think it is not wise to make an entry. PS: recent ressistance around 1199 looks rather weak, I would not enter short on retest. I think above 1208 should be reached today, but it could be after new low.

Do you guyzz think it could reach 1,36? I think 1,356x could be reached in the next weeks (it's the mid between the 3-months low, 1,3295 touched on Nov 7th, and the 3-month high, Oct 25th's 1,3832)...

Also, i think Euro will be destroyed in 2014...

I think it may result in bad weather....many market anaysts have predicted 2014 as a not too good for the market year...2012 and 13 were pure milk and honey for stocks and opposite for metals.... So, i think it could be a bad weather...

Start from 2008 crisis: we had 3 QEs each followed by a wave of EURUSD uptrend, then 2 Greek crisises(and of course Portugal/Ireland/Spain/Italy) each followed by a wave of sharp EURUSD decline to the 1.2 region. Now we are close to the end of QE3 and ECB banking supervision/SRM/Great stress test, doesn't it make sense that another wave of downward wave is about to start. Look closely, QE2 coupled with Trichet 1%-1.5% hike only bring EURUSD to 1.49 which was the high achieved by QE1. Then QE3, albeit much bigger than previous 2 QEs only followed with a relatively mild EURUSD appreciation. This price action points to some longer term economic trend. The bull run from 2002 to 2008 overlap with a period of higher growth in EU compare to US, now this is reversed as well, US is slowly getting back to a reasonable growth while EU is in a troubled status. Technically the EURUSD is running towards the long term downward top trendline, it looks like a bearish triangle is forming, and that's a bearish reversal pattern, normally followed by a break to the downside. All these factors points to a longer term trend reversal of the 2002 to 2008 bull run back towards the downside. While timing is still uncertain, the direction is relatively clear. The market can be irrational and EURUSD can run up, but not very far, higher exchange rate do feedback to the real economy, especially troubled economy which is in a recovery states. The price action mentioned above not only is a reflection of the longer term real growth differential that's reversed to the US favor, it is probably also points to the continuation of the down trend of 2011-2012 and a rather sharp decline of EURUSD to a much lower level.

I am just watching some key levels, like 1.63 and 1.64 (the 100 and 200 Moving average of hourly chart), and downside support maybe at 1.60 which is the 100 Moving average of daily chart. I also keep a eye on BOE rate hike talking, you know...

Microsoft Said to Consider Qualcomm's Mollenkopf for CEO Job

Moody's warns on Euro zone banks The credit rating agency reported that EU bank capital and profits will remain pressured in 2014 due to the effects of the European debt-crisis lingering on for sometime. The bank outlook is mixed with the credit quality of peripheral EU nations softening.

No Wonder money rich traders have held stocks and stakes for much much longer periods, now many of them are billionaires and multi-millionaires..

Market is gearing up for possible QE tempering in Jan 2014 Once this is done both Euro and Cable will come down to parity or closer to true worth. To me irregardless of Feds actions Euro is heading to new crises with Greece,Spain,Italy particularly with Greece which is due to replay 10b debt but so far all the austerity measures made whole lot of people unemployed and mad.Something ugly is going to happen.

Seems like USD didnt like that PPI number that came out a while ago. Tapering headache continues. Guess 102.00 will be support. 104 resist

Daily and weekly TF point to the upsides though. theres resistance at 103.79 on the weekly TF and we were hoping for a retracement on the daily to about 100.3.

This is probably one of the worst times of the year to trade Gold. The price has been moving sideways to down - mid term - Also many will be away, volume thins and volatility picks up. Also things don't always make sense right now. Fundamentals and techs are skewed. And news as we can see doesn't always have the desired reaction or usual reaction. Long term seems bearish bt short term cant say anything.