Thread: JTH's Account Talk

Originally Posted by JTH

Going into this week, we can see that (for all members) about 43% are in G/F funds while 51% are in the C/S/I funds. In contrast, the Top 50 are heavy in the S-Fund at 85%, with only 3 members having an I-Fund allocation and they happen to hold the Top 3 positions.

As of Friday, the top 50 is heavy is the S/I Funds.

20230112-AT.png

I wonder how much more bounce the "I" fund has? It's been on a good streak for the last two months.

Originally Posted by nasa1974

I wonder how much more bounce the "I" fund has? It's been on a good streak for the last two months.

Yea me too, I would like to take an entry with the I-Fund, but the biggest problem I have with it, is I feel it's more difficult to track multiple countries and the USD all at the same time verses the the C-Fund where I can draw from multiple points of view on the S&P 500.

I'm up $2 a share from my I fund buy in, might jump off for a bit take those gains to the G.
Still under water with my C&S but getting better.

Win some, lose some.

Good morning

From 2002-2022 there were 113 occasions where the S&P 500 close up = or > 1% two days in a row. From these occasions the 3rd day's average performance is listed below.

20230124-AGG.png


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The previous 63 Januaries positive closes have averaged 4.50%. On Monday we closed MTD above this level.

20230124-CHART.png

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From last Friday, when SPX closed up, AGG has closed up 55-60% of the time, but when SPX closed down, AGG closed down 63-73% of the time. Sort of makes it hard to want to stay invested in bonds under these conditions where you both win less often, and lose more often...

20230112-AGG.png

Good morning

Here's a 30 minute view, I've brought the minor support level up to 3885 which was an area of previous resistance and support. This leaves 3962 (a 50% retracement) as an area I'm watching both for price and for the 50/200 SMA crossover.

20230125-CHART.png

GOLDEN CROSS
I haven't heard that term used in a hella long time for the S&P. That's exciting !!!

https://markets.businessinsider.com/...outlook-2023-1

If the technical signal does materialize, it would be the first time for the S&P 500 since July 2020 amid the ongoing recovery from the COVID-19 pandemic. Stocks went on to surge as much as 52% after the July 2020 golden cross.
In December, the Dow Jones Industrial Average flashed the golden cross signal. Since then, the index is about flat.

Originally Posted by Epic

GOLDEN CROSS
I haven't heard that term used in a hella long time for the S&P. That's exciting !!!

https://markets.businessinsider.com/...outlook-2023-1

If the technical signal does materialize, it would be the first time for the S&P 500 since July 2020 amid the ongoing recovery from the COVID-19 pandemic. Stocks went on to surge as much as 52% after the July 2020 golden cross.
In December, the Dow Jones Industrial Average flashed the golden cross signal. Since then, the index is about flat.

Yep, within the grand scheme of things, it really isn't something that can be timed perfectly. But for many newer investors, moving averages are one of the first things we learn. I don't trade on MAs, but I always watch those levels because I know other investors care about them. Either ways, it will make for a good news headline for the average investor to read about when/if it does happen.

Originally Posted by JTH

I've brought the minor support level up to 3885 which was an area of previous resistance and support.

​Good morning

From this perspective, bulls control prices over the past 4/5 weeks. Here is a weekly high/low chart, if we don't go below the previous week's 3885.54 low, then we will have formed 5 higher weekly lows and 4 higher weekly highs.

20230126.png

Originally Posted by JTH

​From this perspective, bulls control prices over the past 4/5 weeks. Here is a weekly high/low chart, if we don't go below the previous week's 3885.54 low, then we will have formed 5 higher weekly lows and 4 higher weekly highs.

Good morning

With the Weekly HIGH/LOW chart we can see this week closed out with 5 higher lows and 4 higher highs. The bottom left corner thumbnail shows we've broken above the previous resistance within this triangle pattern.

20230129-CHART-WK.png

Before January closes out, here's a quick preview of February from the past 63 years.

20230129-FEB.png