What a close today!
What a close today!
Looks like West Texas Intermediate is having a good morning.
Isn't it comforting to know how easily prices can be manipulated?
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.
"As I stated, CEO’s make decisions on how they use their cash. With the economy shut down, layoffs in the millions, and no clear visibility about the economic recovery post-pandemic, companies are going to become vastly more conservative on the use of their cash.
Given that source of market liquidity is now gone [stock buybacks], the market will have a much tougher time maintaining current levels, much less going higher."
https://realinvestmentadvice.com/aaa...-asset-prices/
I feel like the S&P is going to fade into the close, like it did yesterday, but that's just a hunch.
And, you couldn't trade my hunch for lunch.
Taking a chance. I'll be 100% S Fund tomorrow. Going against all wisdom
Missed the noon cutoff so I guess I'll wait until another down day. Wanted to move a very small pct into C/S. I guess the talking heads are now saying not going to re-test the lows so things won't go too far down if there are more dips. Just hope it doesn't take off and miss too much. FOMO whispering to me again.....
"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
No, I still believe the lows will be tested. I'm just trying a different theory at the moment. Don't do what I'm doing. Unless it pays off, then, still don't do what I do. I'm a nearly complete idiot at times. I'm gambling. I doing this and simply keeping my fingers crossed. The only thing I can promise is that I won't cry later because everybody told me so.
Are we waiting on the bump to come from the President's plan to reopen the country?
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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