Ye people of little faith..
I was just responding to Whipsaw's comment about the market losing steam.
As for "full speed ahead", let's see what the next few days brings.
Looking into December, I am worried that a rate hike will kill any Santa Claus Rally... reference last year's rate hike... and the disaster that followed...
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Ye people of little faith..
Thanks JP! I love steam locomotives! Yes, full steam ahead! It is the dawn of a new day in America
Powder is dry, ready for deployment; I think RF has an astute point about a potential rate hike, maybe last licks from those headed for the door? Looking for a strong Santa Rally this year, optimism should be up big.
Need to make an entry...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Only 1 in 3 chance of a rate hike in December?
Trump victory sends Fed rate expectations plummeting - MarketWatch
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
I want in but don't want to buy high. After Brexit, the market kept going, which would put us well into new highs; not sure this market has that kind of leggs... ???
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Analyst thinks we're shifting from interest based market to earnings based with the new administration...
Jeffrey Saut on Trump Win
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
... duplicate ...
100g
It is always difficult to enter the market after a new high has been set. In my experience, a new high is usually followed by a pullback. As an example, the S&P500 hit a new all time high of 2190.15 on 15 Aug. It then fell to 2125.77 on 14 Sep. That's a 65 point drop in just 30 days.
Just a little food for thought.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Almost pulled the trigger on Thursday... then I thought let the dust settle after watching a couple of the vids Nnut posted. We'll see soon enough, lots of exuberance out there, apparently business is getting fired up over opportunities coming down the pike in energy, trade, deregulation, lower taxes. But, hey, I'm back on the Top Poster's list!
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
As for the legs...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
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