tsptalk's Market Talk

**tsptalk** · 08-05-2014, 09:47 AM

We're getting a little bounce here and I don't know where the indices will close, but I think we will see green at some point today. Whether the indices are bottoming or forming a bearish bear flag, a higher high today (over yesterday) would be created either way. But again, that doesn't mean they will close in positive territory (although they could). I'm just looking for some kind of higher high today at some point. Probably up to the 50-day EMA.

**tsptalk** · 08-05-2014, 12:41 PM

Ouch! What just happened?

**weatherweenie** · 08-05-2014, 12:50 PM

Originally Posted by tsptalk

Ouch! What just happened?

Ukraine excuses

**nnuut** · 08-05-2014, 12:55 PM

Stocks just nosedived. FT story says there are 20,000 Russian troupes deployed in battle-ready formations on the border with Ukraine, citing Nato military officers.

Stock market live blog: Dow resumes its retreat; Whole Foods rallies on Icahn rumor - The Tell - MarketWatch

**tsptalk** · 08-05-2014, 12:55 PM

I like overreactive spikes to news. Sounds like an opportunity?

gulp

**Dutchy** · 08-06-2014, 08:08 AM

tsptalk.....I like overreactive spikes to news. Sounds like an opportunity?

gulp

Sure hope you are right....
I just don't trust ole Putin.
He is not the type to give up on Ukraine easily...
An all out invasion would be gutsy but I don't put it past him.
We may get a snap back rally or more 3-5% pullback ??
Sure wish I was in cash or F Fund.

**tsptalk** · 08-06-2014, 08:30 AM

Originally Posted by Dutchy

Sure wish I was in cash or F Fund.

That's a good sign.

I wrote in today's commentary that the normal safe havens (bonds, gold, oil) aren't rising like we might expect during a sell-off. Well, gold is up $22/oz this morning. Someone was listening.

**tsptalk** · 08-06-2014, 08:39 AM

The market needs to stabilize here to mirror the April "bear flag looking" low. In late Jan. / early Feb. we saw a sharp bear flag breakdown, then an immediate rally.

**Mapper** · 08-06-2014, 08:44 AM

Originally Posted by tsptalk

That's a good sign.

I wrote in today's commentary that the normal safe havens (bonds, gold, oil) aren't rising like we might expect during a sell-off. Well, gold is up $22/oz this morning. Someone was listening.

I noticed yesterday that NUGT was looking attractive but don't like that kind of unpredictability so I let it be...coulda, woulda, shoulda...oh well.

Yesterday afternoon I also noticed that Utilities got hit pretty hard. Prior to this I'd noticed that utilities have been somewhat more resilient to the minor sell-offs. Not sure if it is a sign of anything but could be noteworthy. I believe some traders use Utilities, with often generous dividends, as a short-term safe haven.

**nnuut** · 08-06-2014, 08:45 AM

Aug. 5, 2014, 5:30 p.m. EDT
How you’ll know if it’s time for a market crash
How you

**Dutchy** · 08-06-2014, 08:59 AM

NATO: Russia poised to invade Ukraine

NATO: Russia could be poised to invade Ukraine - Chicago Tribune

**Dutchy** · 08-07-2014, 08:32 AM

Today is a 2.50 Bil., FED POMO day. Typically SPX can depend on 10 point gain on these days.
Time will tell if that gain can hold and we work closing the open gaps up to about 1960 level..
Or will the rally be sold before then ??

S&P500 (C Fund) (delayed) (Stockcharts.com Real-time)	DWCPF (S Fund) (delayed) (Stockcharts.com Real-time)	EFA (I Fund) (delayed) (Stockcharts.com Real-time)	BND (F Fund) (delayed) (Stockcharts.com Real-time)
Yahoo Finance Realtime TSP Fund Tracking Index Quotes

Thread: tsptalk's Market Talk

Thread Tools

Display

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Re: tsptalk's Market Talk

Bookmarks

Bookmarks

Posting Permissions