Stock Futures Sharply Higher

CNN Money ^ | 10 May 2010

[MeneMeneTekelUpharsin]

Stock futures are sharply higher. Incredible volatility ahead. Link here: Click here.

[MeneMeneTekelUpharsin]

I'll let the wiser heads make comments about interest rates, manipulation, bailouts, real estate, why, when, where, how, manipulation, short selling, puts, calls, manipulation, brokers feeding information about accounts to MMs, Greece, Japan, China, Venezuela, Chavez's sister, manipulation, etc., ad nauseum.

[Carley]

Wondering if there has been a flight from euro uncertainty to USA.

Heard an analyst say the Greek troubles would benefit USA market......for the short term.

[screaminsunshine]

It appears to me that private money is being driven out of the market in to bonds. Then the money in bonds is used to replace the private money in the stocks. Eventually the governments own all the stocks and the people end up with worthless government bonds....does that make any sense? I hope not.

[Izzy Dunne]

Wondering if there has been a flight from euro uncertainty to USA.

There was a whole lot of noise some months back about OPEC, or some nation in it, tying the price of oil to the Euro, not the dollar.

Not sure what happened there, but I bet they think twice now.

[irgbar-man]

A mööse once bit Chavez’s sister.

[tobyhill]

They see American Taxpayer Money on the way and of course being the Socialist they are, they like it.

[agere_contra]

Thanks to the retarded Euro bailout we are going to get a false strength in the Euro for some time, meaning that the dollar will not continue to grow stronger as it has done recently - which means that the current immense dollar carry will continue - which finally means that the stock market can stay overpriced with ludicrous P/E.

So American stocks will rebound sharply today. And Obama will declare ‘victory’.

[FReepaholic]

I don’t see how anybody can trade in today’s markets. With the government and the Fed jumping in willy-nilly you can’t make decisions based on fundamentals or technical signals anymore. It’s insane.

[scooby321]

interes rates going up

[Carley]

I think China too wanted to unhitch from the dollar in favor of the euro.

[bert]

“Fear is the mind killer” Dune

“Do not take counsel of your fears” George Patton

[MaryFromMichigan]

Dow futures- +418.00 / +4.04%
Why?

[PSYCHO-FREEP]

Certain types of Bonds and tangible commodities are quite safe for the time being. I did quite well while Stocks went south. I will do even better today now that the bargain frenzy is kicking in.

Treasuries are bad.......

[LibLieSlayer]

It is a house of cards and it cannot be sustained for long. Greed will cause soros and others (evil men controlled by satan) to try and take advantage and the world economic system will collapse... and it will not be long.

LLS

[LibLieSlayer]

Manipulation by soros and other world leftists... most of the billionaires are leftists... weird no?

LLS

[Yo-Yo]

In Europe, the London FTSE 100 is up 5.2% and the German DAX is up 4.8% as of this posting.

I believe it is because YAGBO (Yet Another Greece BailOut) was agreed to on Sunday, this time with some sweeting from Uncle Sugar.

[Eric in the Ozarks]

What happened last week ?
Margin calls.

[Yo-Yo]

What happened last week was musical chairs. Everybody knows this market is overbought (or was) and so everybody was circling, waiting for the music to stop. When it does, it’s a mad dash.

[MaryFromMichigan]

Weird and very scary.

[LibLieSlayer]

Indeed.

LLS