Thread: tsptalk's Market Talk

Originally Posted by exnavyew

Pre-Market Data

Good sign for Friday?

It's really a toss up on how the market is going to react to Yellen's speech.

Originally Posted by bmneveu

It's really a toss up on how the market is going to react to Yellen's speech.

Didn't know Yellen was gonna speak. Thanks...I think.
Nikkei was green most of Friday and finished down almost 1% late. Hmmm.
And of course the 'Pre-Market's are less than half from earlier. Whoo boy.
Where did I put my Tums???

Oil under $50 again, oh wait I thought it was supposed to spike because Saudi might stop production? yeah that's why I don't trade news

Yes WTI closed at, {see Signature}!

Well the S fund sucked it the entire week, but it's good to end on a positive note

FWIW:

Something weird is going on in the US economy, and it's not good

http://finance.yahoo.com/news/someth...133929266.html

Originally Posted by sniper

Well the S fund sucked it the entire week, but it's good to end on a positive note

I'm being lazy. Wasn't there a thread a while back about just being in the market on the first trading day of each month and out the rest of the month? Has anyone gone through the trouble of back testing that?

Originally Posted by Viva_La_Migra

I'm being lazy. Wasn't there a thread a while back about just being in the market on the first trading day of each month and out the rest of the month? Has anyone gone through the trouble of back testing that?

I believe it was either MrJohnRoss or tsptalk, but I'm not sure exactly where he posted it. It's probably way back too far to really fish for. But something along the lines of the first trading day is often an indicator of how the month will go. I don't put too much weight on it though, every month is different.

IMHO this seems like a good economic sign for the long term but I wonder if the 'market' will freak out in the short term?

Fed's Yellen sees gradual rate hikes starting this year

https://finance.yahoo.com/news/feds-...202016355.html

Originally Posted by Viva_La_Migra

I'm being lazy. Wasn't there a thread a while back about just being in the market on the first trading day of each month and out the rest of the month? Has anyone gone through the trouble of back testing that?

I don't recall that one, so in the market just one day a month? The first days can be whoppers - good and bad, but mostly good.

I can see first and last weeks of the month so invested less than 50% of the time.

Originally Posted by Viva_La_Migra

I'm being lazy. Wasn't there a thread a while back about just being in the market on the first trading day of each month and out the rest of the month? Has anyone gone through the trouble of back testing that?

There was a post in the alternate lmbf thread that shows the performance of being "in" on the first day vs. the s&p500 all the time. It was one of the first posts on the thread.