It's a Daily Double, Jim!!
It's a Daily Double, Jim!!
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.
It looks like they're trying to get that first gap filled 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.
The market probably just needs a breather, that was two big gaps up in a really short time. I was nervous at first, but I'm starting to think these fed hikes are going to be priced in by december, and won't cause a dramatic crash like 2008. But I could be wrong haha.
Overall trend though might be down, since rate hikes I'd imagine are some serious headwinds to the market? Would we see a downtrend that equals the magnitude of uptrend QE caused?
New highs for the dollar...
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.
High Yield Bonds (HYG) rallied back up to the 200-day EMA and stalled ...
The yield on the 10-year treasury looks to have made a double top but there's some support rising from below it - and open gaps above and below...
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.
Bingo on the gap fill...
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.
could be short term bullish if 2700 is held, imo
another crazy day and there's still over an hour left Volume is picking up on this climb up, I think this is going to creep up into the close and erase a good portion of the red. Maybe not entirely but it's looking like buyers are stepping in now, though that 2700 is an important level for bulls and bears. We might fight over that spot for another day before its next big move up or down.
Yay on the filled gap!!!!
CURRENTLY 30% C, 20% S and 50% G (as of COB 04/11/2024) 1st April IFT
High Yields Bonds gapping down again...
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.
The intraday rallies have been explosive, but haven't held this week. Here's another test near the top of the descending channel...
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.
Very well played FWM!
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