More website issues today, stockcharts is currently showing QQQ closing at $123.47...which if true would have made me enough money today to buy a Tesla Model 3 with my latest holding of QQQ puts that I bought Friday...
Finance sites erroneously show Amazon, Apple, other stocks crashing - MarketWatch
Is there a whole lotta hacking going on or what?
The waves are now aligned for another rally into the upper 2400s, and Danny agrees:
https://lunatictrader.com/2017/07/11/ready-for-2500/
Statistically, the C and I funds trounce the S fund during July over the last 10, 20, and 30 years, so I'm going 50/50 C & I. Hoping for a small down day (small wave 2) today to get in.
My July Stats, how the funds have done over the last 10, 20, 30 years (using equivalent index's prior to 2001):
Fund 10 Yrs 20 Yrs 30 Yrs
F...... 0.77% 0.67% 0.74%
C...... 1.96% 0.78% 1.31%
S...... 1.43% -0.14% 0.39%
I....... 2.39% 0.32% 1.45%
Woo hoo... from a hotel room in Tennessee waiting for my wife to be ready to head out for family reunion activities... my 1000th post!
I hope a few of them have been worthwhile.
Very worthwhile! Thanks and have fun!
SUPER DUPER TS!!! AND I MIGHT ADD...ONE OF MY FAVORITE POSTERS! GO COUGS!
FS
FogSailing
Try to learn something about everything and everything about something.
This is what I've been following, looking for a small wave 4 down to complete over the next day or two then one final push higher...not sure about that one additional wave 4 and 5 to August 9th though.
U.S. stock market will likely top out in the next three weeks - MarketWatch
Hi TS. Well, SPX bounced at 2452.5. We'll have to see if it tests support again this morning and breaks under 2452. If it does, I see use pulling back to to 2429 or 2406 Fib pivots. But I agree with you that we'll PROBABLY see 2525 to 2600 before we see a BEAR market.
FS
FogSailing
Try to learn something about everything and everything about something.
So we got that perfect wave 4 low yesterday at 2450. Now we're in what could be the final little wave 5 to a potential significant top. My system says to stay in for a few more days, but I'm playing it safe and bailing out early today. Wave 5 would equal wave 1 at about 2475 https://twitter.com/PUGStockMarket and it could get there today or early tomorrow. I need just 0.14% today to get to my annual goal of 8% since my actual return is 0.29% better than shown in the tracker.
another one to the lily pad, that makes a few of us....I did it too. Now waiting for the summer correction.
Looks like one more rally into the 2480s early next week.
For chart fanatics this is a great read:
http://www.financialsense.com/sites/...tsMar-2017.pdf
And here's the interview of the author that goes along with it:
Interview With Stifel Nicolaus? Barry Bannister - Possible Market Peak in 2018 | Cris Sheridan | FINANCIAL SENSE
Bottom line is he agrees with many that the bull market will peak next year, and I like the chart that shows I'll have plenty of company in Margaritaville...
https://www.latitudemargaritaville.com/
The media is so focused on Trump's tweets that I haven't seen real news in the news. Here's an important one. Congress is quietly making big changes to how IRAs are taxed. Not sure if this will affect the TSP as well (anyone know?). This could also impact my decision on whether or not to roll over to an IRA when I retire.
New Taxes on IRAs and Pensions | James J Puplava CFP | FINANCIAL SENSE
Only one more little stab higher is needed to complete the wave pattern. So I'm looking for a medium-term top (a month or two) today.
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) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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