Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (47730)	4/13/2012 4:32:29 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69748

02:16PM Minneapolis Fed chief sees rates rising by 2013 by Jeffry Bartash WASHINGTON (MarketWatch) - The president of the Minneapolis Federal Reserve said the central bank might have to start raising interest rates by late 2012 or early 2013 if the U.S. economy continues to expand at its current rate. In a speech to business leaders in southern Minnesota, Narayana Kocherlakota repeated his view that the Fed has put in place enough "accommodation" to help the economy. He expects the U.S. to grow 2.5% to 3% in each of the next two years, pulling down the unemployment rate to 7% by the end of 2013. The jobless rate stood at 8.2% in March. "I see no need for additional accommodation at this time, and I believe that conditions will warrant raising rates well before the end of 2014," Kocherlakota said Tuesday. He also expects inflation to average about 2% in 2012 and 2013 - the highest level the Fed would be comfortable with. Kocherlakota is not a voting member this year of the Fed's policy-making committee. 01:09PM Vix 'fear index' jumps above 20, first in a month ( VIX DJIA SPX ) by Sue Chang SAN FRANCISCO (MarketWatch) -- The CBOE Market Volatility Index (vix) rose Tuesday as stocks were battered by poor economic data that underscored the fragility of the U.S. economic recovery as well as revived worries about Europe. The Vix, the so-called fear gauge, rose over 8% to 20.40. It last closed above 20 on March 6, when it ended at 20.87. The National Federation of Independent Business small-business optimism index fell to 92.5 in March from 94.3 in February, after six months of gains. A steady rise in Spanish and Italian government bond yields also weighed on sentiment, highlighting concerns that Europe's debt crisis remains unresolved. The Dow Jones Industrial Average (djia) slid 1.2% to 12,776 and the S&P 500 (spx) fell 1.3% to 1,364. It isi interesting the VIX is so low. I would have expected it to be higher given the volatility we have experience over the last few days.