Page 123 of 142 FirstFirst ... 2373113121122123124125133 ... LastLast
Results 1,465 to 1,476 of 1700

Thread: Rod's Account Talk

  1. #1465

    Join Date
    Jun 2004
    Location
    In Your Imagination...
    Posts
    4,196

    Exclamation Re: Rod's Account Talk

    I think Mr. Market himself is in the Denial stage on the market roller coaster. One would think that no one would buy/hold into this long weekend. Then again, we've witnessed stranger things recently. I still believe the 23 Mar lows will be retested. Just don't know when. As of now, my gut tells me it will be later rather than sooner... although the sooner the better. Perhaps we need to wait for the economy to catch up with the virus' implications upon it. We shall see.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

  2.  
  3. #1466

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    61,456

    Default Re: Rod's Account Talk

    SNAFU, Is unemployment real?
    05/28/2020
    LS CRUDE Oil
    =$33.71 a Barrel, Daily Status +$.90

  4.  
  5. #1467

    Join Date
    Jun 2004
    Location
    In Your Imagination...
    Posts
    4,196

    Default Re: Rod's Account Talk

    Quote Originally Posted by nnuut View Post
    SNAFU, Is unemployment real?
    Mr. Market is having difficulty swallowing the truth because it is being spoon-fed by Mr. Fed.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7


  6.  
  7. #1468

    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    Mr. Market is having difficulty swallowing the truth because it is being spoon-fed by Mr. Fed.
    Absolutely! I'm yanking my 25% out of C back into G today after making some nice gains on it. Sobering news could come over the weekend, I don't trust any of this...

  8.  
  9. #1469

    Join Date
    Jun 2004
    Location
    In Your Imagination...
    Posts
    4,196

    Default Re: Rod's Account Talk

    Quote Originally Posted by mdfiasco View Post
    Absolutely! I'm yanking my 25% out of C back into G today after making some nice gains on it. Sobering news could come over the weekend, I don't trust any of this...
    Good move, IMHO!
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

  10.  
  11. #1470

    Join Date
    Jun 2004
    Location
    In Your Imagination...
    Posts
    4,196

    Question Re: Rod's Account Talk

    Just a reminder of what I posted on 24 Mar... one day after the 23 Mar lows. I wonder what Tom Demark thinks now?

    Quote Originally Posted by Rod View Post
    Tonight, Cramer was talking about Tom DeMark. Allegedly, he has an impressive track record of calling tops and bottoms.

    https://en.wikipedia.org/wiki/Thomas_DeMark

    DeMark Analytics

    https://symbolik.com/

    Cramer said he got a call from DeMark on Monday saying, "They thought it was the bottom" (in video below) and that they expect a 10% - 15% temporary bounce from here. Of course, he got that bounce today. One day after making that call. Now, they are looking to retest Monday's lows.

    Now, watch this video of Cramer talking about DeMark:

    https://www.cnbc.com/video/2020/03/2...ys-bounce.html

    The following are Demark's Absolute Retracement Projections:

    S&P: 2,097 (It was 2,191.86 on Monday, 23 Mar)

    Dow: 18,183 (It was 18,213.65 on Monday, 23 Mar)

    I'll be keeping my eye out for these numbers.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

  12.  
  13. #1471

    Default Re: Rod's Account Talk

    Reading the USBLS reports this morning, which only show Feb reports, unemployment numbers look hunky dory, actually Feb this 2020 had lower unemployment rates than 2019... I suspect we'll see another cliff then the March and April reports finally come out. Safe in G, hopefully with a high selling price for C by the COB.

  14.  
  15. #1472

    Join Date
    Jun 2004
    Location
    In Your Imagination...
    Posts
    4,196

    Default Re: Rod's Account Talk

    Place your bets going in to the long weekend...

    Today's closing bell will be:

    1) Up (S&P by more than .25%)

    2) Down (S&P by more than .25%)

    3) Flat
    __________________________________________________ _____________________________

    With two hours of trading left, I'm going to say FLAT.

    What say you?
    Last edited by Rod; 04-09-2020 at 01:19 PM. Reason: Clarity
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

  16.  
  17. #1473

    Default Re: Rod's Account Talk

    It's fading fast right now, but the M.O. seems to be a fade just before a late rally back to the highs. Just to give the bears some hope, albeit temporary. I hope I'm wrong, however.

  18.  
  19. #1474

    Join Date
    Jun 2004
    Location
    In Your Imagination...
    Posts
    4,196

    Default Re: Rod's Account Talk

    Quote Originally Posted by tsptalk View Post
    It's fading fast right now, but the M.O. seems to be a fade just before a late rally back to the highs. Just to give the bears some hope, albeit temporary. I hope I'm wrong, however.
    Yeah... I'm watching the S&P now. New daily low.
    "Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7

  20.  
  21. #1475

    Default Re: Rod's Account Talk

    Quote Originally Posted by Rod View Post
    Place your bets going in to the long weekend...

    Today's closing bell will be:

    1) Up (S&P by more than .25%)

    2) Down (S&P by more than .25%)

    3) Flat
    __________________________________________________ _____________________________

    With two hours of trading left, I'm going to say FLAT.

    What say you?
    I'm going to say up to 1%. We're going to creatively hold on to some of todays gains.

    Tin foil hatting it: I predict good news will come between 1500-1530 in an attempt to rally the numbers for Fridays open. Who knows that what news will be: NY announces a flattening to the Covid curve, Biden picks a VP, Congress announces they're working all weekend on the aid package, etc...

    Pre-Market trading caused today's spike a few minutes after the US announcement congress was working on another Coronavirus aid program at about 0745.
    S&P was climbing steadily, plateaued like a high speed wobble, then started down when Congress (CSPAN) announced an impasse on the aid package and the plan will have to wait until next week.
    Oil was rallying until 1230...30 mins later Russia and Saudi Arabia announced agreement to limit production and it's been dropping hard since.

    Either way, I'm glad I jumped out today saving the gains I made. This weekend is going to suck, socially, for America and the world. Easter during quarantine is a morale killer. My guess is Monday opens lower but tomorrow will need to get pumped up, and whatever happens before the close will set the stage for tomorrow.
    Last edited by mdfiasco; 04-09-2020 at 02:24 PM. Reason: formatting

  22.  
  23. #1476

    Default Re: Rod's Account Talk

    Looks like stocks were fading but some people came in and are buying. I guess they feel the Fed has their back so they are buying into the weekend.


  24.  
Page 123 of 142 FirstFirst ... 2373113121122123124125133 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
Rod's Account Talk
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Rod's Account Talk
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Rod's Account Talk
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Rod's Account Talk
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes