Thread: tsptalk's Market Talk

Bring it.

An Overdue Major Stock-Market Selloff Is Looming (SPY) | Seeking Alpha

Pennant can have fake outs before breakouts. Is this a breakout or fake out?




Or did we have the fake out on the downside already?

If we didn't have yesterday's explosion up, today would have been a fairly dull day. A give back in the S Fund seemed natural given the momentum reversal yesterday.

What was remarkable was there was no S&P whipsaw after a new high two days in a row.

This is not good for consumer spending or the economy...
Reuters is reporting that there will be no Q.E. from European Central Bank this year..


Producer Prices Surge Most In Over Four Years As BLS Discovers Food Inflation | Zero Hedge

If it comes from zero hedge - always take a second look.

Boy, what the heck is happening to bond yields? Did the Fed do some buying today?

051414a.jpg

Originally Posted by tsptalk

Boy, what the heck is happening to bond yields? Did the Fed do some buying today?

051414a.jpg

Enough said...

Attachment 28651

Russell fills the open gap...

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Nasdaq has more to go...

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and keeps on going...

The legendary S funders are paying their dues now - let's see if they can hold to their objectives. I bet the premium guys will have them scattering like well you know.

Originally Posted by tsptalk

Boy, what the heck is happening to bond yields? Did the Fed do some buying today?

"The Ukrainian government will hold a $1 billion U.S.-backed bond sale before a presidential election scheduled for May 25, Finance Minister Oleksandr Shlapak said."