Thread: Whipsaw's Account Talk

Interestingly, CBS just said that China has not imposed the tariffs, and has not specified when the tariffs will be implemented. So, for now, they are just threats. I guess it doesn't really matter to the market.

Originally Posted by nasa1974

May want to put on an extra pair of sticky pants. China just expanded their tariffs. Let's hope the don't start selling off all of our bonds they bought.

What will this do??
ADP Employment Report

Released On 4/4/2018 800 AM For Mar, 2018

Prior Prior Revised Consensus Consensus Range Actual ADP employment 235,000 246,000 185,000 110,000 to 225,000 241,000 https://www.bloomberg.com/markets/economic-calendar

Originally Posted by weatherweenie

Interestingly, CBS just said that China has not imposed the tariffs, and has not specified when the tariffs will be implemented. So, for now, they are just threats. I guess it doesn't really matter to the market.

Fake news? Go figure, maybe we get a good day?

Those negative numbers keep getting smaller... I LIKE IT. Holding position.

Whooo Hoo! Rally to the close! Best to purchase good quality sticky pants...

Okay I'm confused. Left for work this morning thinking all the gains from Tuesday were history with the talk of China retaliating over the tariffs. So I decided to stay away and not watch the carnage.
Imagine my surprise when I saw another 1+% gain at the closing.

Not bragging, but did you see who was on the Top 10 list for the month of April...I haven't been there in ages so I am going to enjoy this while I can.

Originally Posted by Whipsaw

Whooo Hoo! Rally to the close! Best to purchase good quality sticky pants...

Normally I can keep a pair of sticky pants on for a week or two. The market has been so squirrely, I have put a fresh pair on every day.

RF! I saw you in the top 10, bravo! I was there for one or two days at the end of March. Very cool...

Expecting an up day today, now to watch closely if more buyers flood in and take us up. Friday may be a day to take some profits if today is strong. Of course, that could be premature if the next target is the previous high. Hmmmmmmm....

OBTW, futures are UP!

Originally Posted by Whipsaw

Expecting an up day today, now to watch closely if more buyers flood in and take us up. Friday may be a day to take some profits if today is strong. Of course, that could be premature if the next target is the previous high. Hmmmmmmm....

Yeah been thinking to reduce exposure as well. Especially if the S&P gets near 2700. Tomorrow the unemployment numbers come out and if they hit the sweet spot it could be a good day to lock in profits. But as you say, an exit could be premature with earnings season beginning anew next week. I only have one IFT left for April so if I exit completely I'm done until May. So I am leaning to take profits and leave a little on the table for next week.

We're up almost 1% in the C fund before noon, looks like its hitting some resistance at the 20 day - assuming the elephants don't start dancing again, we could shoot to the March high. I like your plan.

Wow March high. That's aggressive and over 100 points higher (2786.57 on 9 Mar) and nearly a 4% gain. If it happens, that would be schweeeeeeetttttttt!!!

After the last two months, we're certainly due.