Thread: tsptalk's Market Talk

Bad day for the "F" Fund today, I hate the "F" Fund it always got it's way with me.

Welp, the Fed minutes got the bears excited, but the bulls fought back. The battle continues.

Originally Posted by tsptalk

The H&S is just busting to make a move. The Fed minutes at 2:00 PM ET may help nudge it in one direction or the other....

Originally Posted by sniper

If the fed does a rate hike, i know the stock market will go down, but does that mean F fund goes down also since raised rates is bad for that also?

It's usually the bond market that predicts what the Fed will do. In other words, if bonds are rallying, they expect no change from the Fed. But if the Fed does raise rates the initial reaction may be bad for bonds and the F-fund, but then it may become a safe haven again if stocks react negatively.

Originally Posted by nnuut

Bad day for the "F" Fund today, I hate the "F" Fund it always got it's way with me.

I hear you nnuut... It certainly seems to "F" us up at the most inappropriate time.;swear

Originally Posted by ravensfan

I hear you nnuut... It certainly seems to "F" us up at the most inappropriate time.;swear

Originally Posted by nnuut

Bad day for the "F" Fund today, I hate the "F" Fund it always got it's way with me.

I know me too. No dinner, no drinks, no nothin"!

The 20-day EMA and short-term descending resistance line has so far held - but it's early. There is a new small open gap on the SPY, right at the 50-day EMA.

There may have been a false breakdown yesterday, but it needs to break to the upside here to confirm that. Remember, the H&S patterns can break either way since it could be a topping formation (usually when they are large) or it could be a continuation pattern as we talked about in our market commentaries, and the direction it would break would be the direction of the trend before the H&S formed.

The DWCPF (S-fund) is popping its head above the 200-day EMA this morning. It's important, but it hasn't always held up recently.

Europe up solidly, Asia mostly lower...

The market just opened higher and we can see the overhead resistance the S&P could face today...

What resistance?

Originally Posted by tsptalk

The market just opened higher and we can see the overhead resistance the S&P could face today...