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Reply With QuoteSurprising... London's FTSE Index closed at its highest level since mid-April What Brexit?
Re: tsptalk's Market Talk
That is a little odd. A good sign, I don't know. But a 600 decline to a 260 decline is less panicky.
What's even more strange is why the inverse VIX ETF's were down Friday and Monday.
XIV,SVXY | Stock Prices | Quote Comparison | YAHOO! Finance
Tom
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Re: tsptalk's Market Talk
Surprising... London's FTSE Index closed at its highest level since mid-April What Brexit?
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Re: tsptalk's Market Talk
Yes, but it is in the rearview mirror!Originally Posted by jkenjohnson
There are 10 types of people in the world. Those who know binary, and those that don't!!
Retired on December 31, 2018!!
Re: tsptalk's Market Talk
London FTSE closes at 10-month high.
Surprising... London's FTSE Index closed at its highest level since mid-April What Brexit?
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Re: tsptalk's Market Talk
The rest of Europe is still struggling...
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Re: tsptalk's Market Talk
Oil down 5%. Gold up. Bonds up. Stocks down. It could be some post-holiday profit taking in stocks, but together it's not a great combination for the economic outlook.
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Re: tsptalk's Market Talk
I don't know how long London and the rest of Europe can move in opposite directions, but it sure makes thinks interesting for the I-fund. Great Britain markets are the 2nd largest holding in the I-fund (Japan is #1). Other European markets have been getting pounded. Brexit sure shook things up.
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Re: tsptalk's Market Talk
The S&P 500 is close to new all-time highs, but still short (although near a 52-week high). The SPY did make a new high, and that is more in line with our C-fund. The difference is the dividends paid that we get in the form of a higher C-fund price.
SPY
SPY
S&P 500 Index
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Re: tsptalk's Market Talk
Bonds are up too?
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Re: tsptalk's Market Talk
Yeah, market has been 'unique' since 6-13 imo.
Re: tsptalk's Market Talk
After more than a year (May 2015), a new high was made on the S&P 500 this morning.
Weekly chart:
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Re: tsptalk's Market Talk
Transports have run up to, and stalled at, the 200-day EMA, but have 20 minutes left to try to close above it.
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