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Thread: tsptalk's Market Talk

  1. #2221

    Default Re: tsptalk's Market Talk

    The Shanghai Composite Index was down 13% last week. It seems that it was closed today (does anyone know why?). Our market has been affected before by problems with the Chinese market. In February 2007 our market dropped about 5% nearly overnight after the Shanghai Composite dumped.

    It has been soaring over the last year and perhaps a 13% decline isn't a deal breaker, but it was the worst week in years for them. This is something to keep an eye on.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

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  3. #2222

    Default Re: tsptalk's Market Talk

    Holy Europe!



    I had my doubts but it's like the definition of insanity... doing the same thing over and over again and expected a different result. Greece is saved yet again?
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  4.  
  5. #2223

    Join Date
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    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    Holy Europe!



    It's like the definition of insanity... doing the same thing over and over again and expected a different result. Greece is saved yet again?
    kicking the can down the road. there will be another greek 'crisis' in 6 months, buy the dip when it happens


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  7. #2224

    Default Re: tsptalk's Market Talk

    I dimly recall a time when stocks/companies were judged on their merits and qualities and not their 'image' or what the Fed may or may not do, etc. etc. Was I dreaming then or am I dreaming now?

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  9. #2225

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    The Shanghai Composite Index was down 13% last week. It seems that it was closed today (does anyone know why?). Our market has been affected before by problems with the Chinese market. In February 2007 our market dropped about 5% nearly overnight after the Shanghai Composite dumped.

    It has been soaring over the last year and perhaps a 13% decline isn't a deal breaker, but it was the worst week in years for them. This is something to keep an eye on.
    China's Shanghai Composite is down another 2.44% tonight. Meanwhile, Japan's Nikkei doesn't blink - up 1.6%.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  10.  
  11. #2226

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    China's Shanghai Composite is down another 2.44% tonight. Meanwhile, Japan's Nikkei doesn't blink - up 1.6%.


  12.  
  13. #2227

    Join Date
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    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    China's Shanghai Composite is down another 2.44% tonight. Meanwhile, Japan's Nikkei doesn't blink - up 1.6%.
    DAX and CAC were up almost 4% on Monday. Up another 1+% today.
    Weatherweenie's Account Talk
    Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.

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  15. #2228

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by weatherweenie View Post
    DAX and CAC were up almost 4% on Monday. Up another 1+% today.
    Yeah, saw that. The dollar's up 1.24% right now so it will be interesting to see what the I-fund does today.

    Quote Originally Posted by tsptalk View Post
    Holy Europe!



    I had my doubts but it's like the definition of insanity... doing the same thing over and over again and expected a different result. Greece is saved yet again?
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  16.  
  17. #2229

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    China's Shanghai Composite is down another 2.44% tonight. Meanwhile, Japan's Nikkei doesn't blink - up 1.6%.
    It ended up rallying in the 2nd trading session: It closed UP 2.19%. How'd you like to day trade that index?

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  18.  
  19. #2230

    Join Date
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    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    ... How'd you like to day trade that index?
    If it moves; I can trade it.
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]

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  21. #2231

    Default Re: tsptalk's Market Talk

    Have you ever traded DAX futures? Wow, that's a widow maker. The intraday swings are crazy. I've seen a lot of casualties. I won't touch it.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.

  22.  
  23. #2232

    Join Date
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    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    Have you ever traded DAX futures? Wow, that's a widow maker. The intraday swings are crazy. I've seen a lot of casualties. I won't touch it.
    LOL No, but because of your post, it's on my bucket list.

    I've only traded stocks (etf's etc.) and options. No futures or forex yet.
    [COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]


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