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Thread: tsptalk's Market Talk

  1. #2293
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    Default Re: tsptalk's Market Talk

    We tole ya. I don't bring up things on this forum to hear my keyboard tap.

    Besides -2% was a pretty good SWAG on my part of all the numbers out there to chose from and I did tee up that answer. Back pat, back pat.

    Quote Originally Posted by burrocrat View Post
    i tole ya.

    but i can't take credit for it, it was already in the cards before i answered. if you know what to look for, the writing was already sprayed on the wall.

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  3. #2294

    Default Re: tsptalk's Market Talk

    Half glad I'm out of June IFT's with the current drama going on. No EU/Greek settlements til July please!

    And this is an interesting development. Hmmm......

    China's premier offers Europe investment, wants Greece in euro zone

    https://finance.yahoo.com/news/europ...130341971.html

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  5. #2295

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    Funny you should say that. I took a stab at a euro short today and got stopped out. Not sure why it's bouncing back like this.
    FYI:
    Euro records stunning reversal against dollar

    Euro records stunning reversal against dollar - MarketWatch


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  7. #2296

    Default Re: tsptalk's Market Talk

    So far the rebound looks a little pathetic at the moment. I know the market likes to do the opposite of what would seem obvious, but with the FBI director saying he expects to be talking on Monday about weekend terror attacks, I think it would be hard for folks to do a lot of buying heading into the long weekend.

    If there's no significant event, the rally could come after the holiday. But then again, what will Greece be up to then?

    Those who take the biggest risks will either get the biggest reward, or take one in the shorts.
    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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  9. #2297

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    So far the rebound looks a little pathetic at the moment. I know the market likes to do the opposite of what would seem obvious, but with the FBI director saying he expects to be talking on Monday about weekend terror attacks, I think it would be hard for folks to do a lot of buying heading into the long weekend.

    If there's no significant event, the rally could come after the holiday. But then again, what will Greece be up to then?

    Those who take the biggest risks will either get the biggest reward, or take one in the shorts.
    Agree. Had not thought about scare if a terrorist hits. Let's hope not.
    Don't take my comments as trading advice /IFT: 2-13-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410

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  11. #2298

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    Default Re: tsptalk's Market Talk

    I never try and call a TOP or a Bottom, NEVER! That's a NO BRAINER!brain_sleeping_lc.gif



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  13. #2299

    Join Date
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    Default Re: tsptalk's Market Talk

    I found it very interesting that China's Premier has thrown a deal on Climate Change into the mix as a negotiation item. Also their concern about Greece staying in the EU just goes to show that Russia is a concern to China, US, and the Europeans. Where this goes is really interesting. Will China offer funding through the IMF to strike a deal. I think Burro was right on with his perspective today. Stayed Tuned!!!

    FS
    FogSailing
    Try to learn something about everything and everything about something.

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  15. #2300

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by FogSailing View Post
    I found it very interesting that China's Premier has thrown a deal on Climate Change into the mix as a negotiation item. Also their concern about Greece staying in the EU just goes to show that Russia is a concern to China, US, and the Europeans. Where this goes is really interesting. Will China offer funding through the IMF to strike a deal. I think Burro was right on with his perspective today. Stayed Tuned!!!

    FS
    Just FYI:
    China's premier offers Europe investment, wants Greece in euro zone

    https://finance.yahoo.com/news/europ...130341971.html

  16.  
  17. #2301

    Join Date
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    Default Re: tsptalk's Market Talk

    Maybe the Chinese want to show that Cramer is wrong.

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  19. #2302

    Default Re: tsptalk's Market Talk

    The Trannies are having a good day, but it needs another push to break the downtrend and get back above the 50-day EMA.

    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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  21. #2303

    Default Re: tsptalk's Market Talk

    The Dow's down 100+, much of it due to IBM, but the Transports (+0.80%) are making another attempt to break out of their downtrend - plus small caps are finally showing some life this morning. With bonds struggling, investors seem to be shifting money from one stock sector to another. No other game in town if you don't want cash.




    Apple reports after the close.
    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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  23. #2304

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    The Dow's down 100+, much of it due to IBM, but the Transports (+0.80%) are making another attempt to break out of their downtrend - plus small caps are finally showing some life this morning. With bonds struggling, investors seem to be shifting money from one stock sector to another. No other game in town if you don't want cash.




    Apple reports after the close.
    This latest action is making my head spin.
    Is today Saturday again?


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