kudos to you for calling this mess and getting out in time... wish I had!
kudos to you for calling this mess and getting out in time... wish I had!
Hi Felix! Thanks for hitting the 200 post mark today!
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.
AutoTracker IFT comment of the day for COB Tuesday July 10th.
Nice call, felixthecat !felixthecat -- Moving to sidelines on recent big move up. Too quiet on the news front...something must be brewing.
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.
Recent pullback in S fund looks like a decent short term opportunity. C fund near record highs and Relative Strength around 65...which would still give a little room to continue to move higher. Negative factors affecting stocks would be China and rising 10 YR Treasuries. I believe today's momentum will keep markets positive this week. I'm keeping a sharp eye on negative headwinds and consider my move into the market a short term one.
Ugly day out there in the market place. Not looking good and would not be surprised to see more selling last hour of trade. Maybe looking at 800-900 points to confirm a wicked week for us. Hope the Santa Rally is still in the cards but not feeling safe in this market environment where news stories are being sugar coated out of the white house. China and recession are big stories...but you know what...margin trading is going to be a huge problem if the market cannot right itself back up and quick. I saw a chart the other day that showed margin trading in this market is way over the two previous pre-recessions. Does anybody have that graphic still? Nevermind I found it. See it below.
Last edited by felixthecat; 12-04-2018 at 02:16 PM.
Made a move 50C/50S to catch a short ride up on the back of Trump positive China tweets on auto tariffs. Last two trading days show a bit of consolidation and stablization. Instinct is telling me we are going to pop Wednesday with perhaps carryover to Thursday and Friday maybe. Believe a government shutdown is inevitable if a continuing resolution is not implemented. So, decided Christmas looks a bit like coal in the stocking this year. There is a brief window to move up the TSP Ladder ranks...so pardon me if I don’t take this opportunity to make up some ground. I tried to post earlier when I moved but kept getting a browser block. Not sure what the issue was. Good luck on your trades!
No move today. Expecting a oversold rebound. I said that late last week. 😭
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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