Thank You, LORD. 🙂
"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
At least DWCPF finished in the green... ever so slightly. 🙂
So far, my strategy is working.
Overall, the (S) Fund has been good to me this week! It did take me down to -2.93%. But then I finished yesterday down -0.59%. With the DWCPF finishing today up 0.64%, I should now be in positive territory... ever so slightly. Thank You, LORD! 🙂
I fully expect to sink back into negative territory before I can finally keep my head above water.
We'll see what type of headlines this long weekend brings.
God Bless 🙂
"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
Thanks! Enjoy your weekend, Rod!
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
https://www.cnbc.com/2020/05/25/stoc...lose-news.html
As long as the market is happy, I'm happy, but in reality a vaccine is not at all a realistic short term goal...
https://www.medscape.com/viewarticle..._vaccine&faf=1
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Expected FERS Retirement; December 2028
Thru-hike the Appalachian trail spring 2029
You're right. But, like you said, whatever makes Mr. Market happy at the moment, makes me happy (about Mr. Market) at the moment. It's now all about the headlines. Remember, that's why I decided to go 100 (S) because we simply cannot profit off of these fast-moving headlines unless we are exposed. On that same token, we will also take the beatings as they come. But, as long as the positive outweighs the negative we will stay ahead of the game. Recall my post from 20 May:
God BlessThis seems to be an "orally-fixated", headlines-driven market. Instead of being driven by fundamentals/technicals, Mr. Market is driven (either negatively or positively) by whoever is on the market pedestal at the time (CNBC interviews, for example), or to "breaking news" headlines. Moreso nowadays than in the past.
Lately, most of these have come out of nowhere. I am becoming convinced that unless I am fully exposed to the market at all times, I will have a more difficult time catching those market pedestal/headline-driven rallies. Of course, market pedestal/headline-driven sell-offs will indeed occur from time to time.
As long as the rallies outweigh the sell-offs, then I can remain ahead of the game. Because vaccine news seems to be breaking more and more, I just might have to play things from this angle and remain 100 (S) through thick and thin until I have a good reason to exit.
"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
When it comes to watching investing videos, there is so much "noise" on YouTube. But, I've been watching Bob Kendall's daily videos for a few weeks now. He developed a rather interesting system called the Wave Tech Range Finder system. He says,
"Using quantitative analysis combined with technical analysis has given me the ability to predict the direction of markets in the economy over the past 37 years. I have built up one of the most impressive track records on Wall Street. The analysis that you will see on the show is based upon a process which is used in the VPM quantitative signals. You gain insights into how to view the markets and combine the short, intermediate, and secular trends into one clear signal."
Quote Source:
The Kendall Report | VPM Partners
Before you begin watching his videos, watch this video he posted on 26 Feb. It is titled, "Will The Stock Market Crash 2020?":
https://www.youtube.com/watch?v=zz9dFVHCIEQ
Watch his daily videos:
https://www.youtube.com/channel/UCSq...Kvgf_LXxFmPRQA
God Bless
"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
My strategy continues to pay off. I have gained 6.55% since 19 May. I am now @ 4.65% YTD. The (S) Fund has been on a tear. But, I realize it won't last forever. Therefore, it might be time to ring the register. At the same time, I can't ignore the fact that today is the second day in a row that the DWCPF closed above its 200-Day EMA. I'll have to see what tomorrow morning brings before our IFT deadline.
God Bless
"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
Been thinking the same thing. I only went in 25% S Fund, but still have gained 1.96% on this trade. I am still negative for the year and still have a long way to go to get back to positive territory, but I'm chipping away at it. If DWCPF is up tomorrow I'm heading for the lily pad.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
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