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Question: Fox News Ticker shows Dow Futures now up 22, after being down 280...why the turn around?
Fox News | 6/4/12 | SFF

Posted on 06/04/2012 6:29:29 AM PDT by SoFloFreeper

Just saw the futures make a very dramatic turnaround...from -280 to mildly positive.

I figured the negatives were because of Japan...did something happen to turn the futures around?


TOPICS: Business/Economy; News/Current Events; Your Opinion/Questions
KEYWORDS: money
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1 posted on 06/04/2012 6:29:37 AM PDT by SoFloFreeper
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To: SoFloFreeper

PPT


2 posted on 06/04/2012 6:31:57 AM PDT by Politically Correct (A member of the rabble in good standing)
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To: SoFloFreeper

Soros did say he “expected” another 3 months of good times before SHTF


3 posted on 06/04/2012 6:34:12 AM PDT by silverleaf (Funny how all the people who are for abortion are already born)
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To: SoFloFreeper

I lost my shirt on the slots at the casino last week, but this morning, I hit 2-cherries on the first pull...

(Not really - I don’t go to the casino any more — but the metaphor holds... ;))


4 posted on 06/04/2012 6:34:51 AM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: SoFloFreeper

Soros did say he “expected” another 3 months of good times before SHTF


5 posted on 06/04/2012 6:35:24 AM PDT by silverleaf (Funny how all the people who are for abortion are already born)
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To: SoFloFreeper

Looks like the Plunge Protection Team jumped in early.


6 posted on 06/04/2012 6:35:29 AM PDT by expat2
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To: Politically Correct

The -280 was Dow futures, the Market had not opened here yet. It’s showing up by 16.84 points. But not for long, thanks Omuslim!


7 posted on 06/04/2012 6:37:07 AM PDT by Colorado Cowgirl (God bless America!)
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To: silverleaf

Agreed... it’s just too soon in the timeline for a precipitous drop. It’s scheduled for further into the Fall timeframe.


8 posted on 06/04/2012 6:37:19 AM PDT by C210N ("ask not what the candidate can do for you, ask what you can do for the candidate" (Breitbart, 2012))
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To: SoFloFreeper
"Question: Fox News Ticker shows Dow Futures now up 22, after being down 280...why the turn around?"

Two Words: "Sucker Rally"

9 posted on 06/04/2012 6:37:19 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: expat2

So, will they have anything left at 2 this afternoon when all the same problems exist with all the same idiots making them worse with every “solution” they come up with?


10 posted on 06/04/2012 6:37:46 AM PDT by John W (Viva Cristo Rey!)
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To: SoFloFreeper

Are you sure you were looking at futures and not Friday’s close?


11 posted on 06/04/2012 6:38:36 AM PDT by Eepsy
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To: SoFloFreeper

Where did you see the DJIA futures on Monday morning down 280?

That would have been a misprint.

I suspect what you are quoting is the DJIA futures from Friday’s trading.


12 posted on 06/04/2012 6:41:02 AM PDT by Presbyterian Reporter
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To: Eepsy

I was wondering the same thing actually. Radio was announced some -250 on the futures...now show nearly the same gains? Rather odd.


13 posted on 06/04/2012 6:41:10 AM PDT by EBH (Obama took away your American Dreams and replaced them with "Dreams from My (his) Father".)
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To: Eepsy

Electronic trading searching for fractions of a cent returns can drive the market up or down as retail trading has pretty much disappeared. The computer program results are what you are seeing on the DOW at large.


14 posted on 06/04/2012 6:41:23 AM PDT by rstrahan
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To: SoFloFreeper
Taking a guess, and typing market is being propped up by an infusion of cash from overseas or an infusion of a hidden monetary stimulus within wall street from stimulus money set aside for a time when a prop would be necessary. One would have thought today would be a day when a prop would be necessary, BUT truly have no idea why market would go up unless wall street knows zer0 is gone after the November election and have not shared that fact with anyone but themselves.
15 posted on 06/04/2012 6:41:32 AM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: SoFloFreeper

It’s Monday, we’ve opened up the last 3 Mondays off of bad Fridays.

We’ll see if it holds through the day. Even if it does it might be a good time for selling or going short.


16 posted on 06/04/2012 6:41:32 AM PDT by NeoCaveman ("If I had a son he'd look like B.O.'s lunch" - Rin Tin Tin)
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To: SoFloFreeper

That was ‘left over’ from Friday...They dont trade over the weekend.

Use http://www.bloomberg.com/markets/stocks/futures/

or http://www.cnbc.com/id/17689937/site/14081545/

US Futures start trading in Asia around Sunday 5PM central


17 posted on 06/04/2012 6:41:33 AM PDT by Former MSM Viewer (We're supposed to be more angry about what Romney does with his money than what Obama does with ours)
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To: expat2

They jumped in Friday night after the market closed, and they have been working around the clock since then to keep it propped up. Two -2% days in a row are strictly forbidden.


18 posted on 06/04/2012 6:41:48 AM PDT by Publius (Leadershiup starts with getting off the couch.)
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To: Colorado Cowgirl
The -280 was Dow futures, the Market had not opened here yet. It’s showing up by 16.84 points. But not for long,

What, you think that the PPT doesn't buy and sell futures?

19 posted on 06/04/2012 6:42:06 AM PDT by Politically Correct (A member of the rabble in good standing)
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To: SoFloFreeper

The price of Oil has been falling

http://www.bloomberg.com/energy/


20 posted on 06/04/2012 6:43:44 AM PDT by AppyPappy (If you really want to annoy someone, point out something obvious that they are trying hard to ignore)
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