The SPY was reaching for one open gap this morning, while opening another.
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.
The SPY was reaching for one open gap this morning, while opening another.
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.
Janet Yellen is about to give a testimony on Capitol Hill so we could see some volatility this morning.
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.
The Monday morning gap is still open on the SPY and trying to hold. The market is probably better off if it fills. The 2nd chart shows the Russell 2000 already being filled. Both have open gaps above as well.
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.
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.
30 minutes into Friday's Post Brexit trading...
New gaps everywhere, but two big gaps filled on SPY...
Attachment 38633
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.
The high yield bond fund HYG filled those two gaps (blue) we talked about in Friday's Market Commentary, while opening up another small one (red). It has found some support at the 50-day EMA so far.
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.
Another big rally in the dollar should help punish the I-fund today, but it (UUP) is reversing down at the moment.
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.
The small caps are being hit hard again, and that's kind of interesting since the strong dollar will likely impact the large caps more. But when in doubt, keep the stalwarts and dump the rest, I guess?
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.
The Trannies are also being pummeled but trying to come back. That kangaroo tail could disappear on a weak 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.
Brexit scared me so I got out early. Is there a bottom in sight?
Is today Saturday again?
dow -300 Vix is in the negative wth...
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