Why look a gift horse in the mouth, 100% G COB (I think, there's no way to see your pending IFT in the new website. :thumbsdown: And the transfer interface is the pits!)
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Why look a gift horse in the mouth, 100% G COB (I think, there's no way to see your pending IFT in the new website. :thumbsdown: And the transfer interface is the pits!)
There are multiple GUIs for IFTs. You can transfer by both dollars and percentage. A confusing element is that it keeps asking you to differentiate between paycheck contributions and current assets. Ugh...
But, if you use the percentage IFT it is basically the same interface as the good old days.
I'll get the hang of the new site at some point. The old site was fairly straight forward, oh well. As for the IFT today, not sure if the post holiday reversal will materialize; the SPX chart shows allot of activity at this level, and I think resistance along with the previous intermediate top. It could go a little further up, looking for a drop to the lower end of the smaller uptrend channel. What do I know? I have another IFT to get back in - I wonder what the Santa Rally is gonna look like this year? Class dismissed!!! :147::headbang::ban: Wishing our Vets a good Veteran's Day! Thank you for your service and have a great long weekend!
I think I may have jumped at the right time, though not sure what earnings will bring - shouldn't be good all things considered... We'll see, won't we?
Where is everybody? :scratchchin: Must be out on leave heading into turkey day... At any rate, looking at the charts, the C Fund is showing a similar set up to Jun-Jul; indecisive action ahead of the next rally. I'm thinking we rise the rest of today, tomorrow, then drop post-holiday before the Santa rally kicks in. The question is whether to jump in today, with the chance the market doesn't look back, or wait till the expected weakness - that railroad strike is out there, among other things. Small caps are supposed to be strongest this time of year. Thoughts? :feedback:
Ok, 60 % S, 40% C, COB :22:
The "January Effect" used to mean the small caps outperforming in January. That crept into December over the years - I assume traders were trying to get the jump on each other.
Last year large caps killed the small caps in November and December for some reason. In 2020 it was the small caps that smashed the large caps.
They'll keep you guessing. :D
Market is up on light volume, easier to push around. No institutional participation. Could get hammered next week as everyone comes back to work. Vix just filled that gap down below and C fund getting close to longer term downtrend and that 200 MA, so to me it looks similar to mid Aug just before it all went down. But I'll probably be wrong since I am mostly in G.
Thanks, guys! Well so far so good, making a little denaro today. Hopefully the post-holiday reversal won't be too bad. Folks hitting the road regardless of gas prices, that is encouraging from an economic perspective; maybe that will carry forward into the market as we claw our way out of the COVID, and now inflation driven morass.
Still climbing on the half day today... Just a little. At resistance, maybe we 'break on through to the other side.' Drawing a line from the previous three peaks on the SPX, the next peak will hit that line around 4200. Hmmmmmmmm.
Yesterday stung, so long a year-end rally materializes... gotta love marketwatch articles today - expect fireworks as headwinds have flipped; 25% plunge next year; stock rebound as china fears abate; recession not priced in... something has to be right, or not. :suspicious: