AheadoftheNews.com

Market analysis and futures trades.

Clsoing hour:

Not much of a bounce, but TNX is now getting very close to 36.85 support. VIX and VXN are negative and Nasdaq AD lines in the black but no one wants to make any big bets ahead of non-farm payrolls. An NQ close above 1837.50 would be helpful for bulls (76.4%). The loss of the July trendline is weighing on sentiment.


Sept. 3 (Bloomberg) -- Business across most of the U.S. was ``slow'' last month, while almost all Federal Reserve districts reported pressure to raise prices because of higher commodity costs, the central bank said in its regional economic survey.

Consumer spending was ``slow'' in most of the 12 Fed districts as the housing market ``weakened or remained soft,'' the Fed said in its Beige Book report, published two weeks before policy makers meet to decide on interest rates. A ``general pullback in hiring'' helped keep wage increases ``moderate,'' the Fed said today.


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9/3/08 2:51 PM

Looking for the Cramer video on manipulation when he was a hedge fund manager. I can not locate it on YOU tube. Do you still have the link? I can not remeber the month you had it on the site. Thanks.    



9/3/08 3:03 PM

I know I looked for it myself.
It has been removed.    



9/5/08 12:04 AM

Here is a link. http://www.thestreet.com/video/cramermarketupdates/10329438.html#10329438    



9/5/08 1:45 AM

Thanks. To his credit, he left it up there. To his discredit, he seems to think this is cool. I guess when you can't trade properly you resort to these slimeball tactics.    



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