Biotech just fell off a cliff, canary in the coal mine?
In case you were wondering if bad news was good news or bad these days...
Bad economic news is bad for the stock market again with the Fed already on hold
The stock market now has to judge each economic report on its own merit, without the expectation that any weakness would drive the Fed to consider easing policy.
That's because the Fed has put itself on hold for now, promising to pause in its rate hiking and wind down its program to shrink its balance sheet in the second half of the year.
The real test for markets is whether the weaker data on business spending and consumer spending are just temporary because of uncertainty over trade and the government shutdown, as many economists suspect, or signs of a bigger slowdown ahead.
https://www.cnbc.com/2019/02/21/bad-...y-on-hold.html
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.
Biotech just fell off a cliff, canary in the coal mine?
The dollar is breaking out 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.
S fund tried for green but couldn't get it. Maybe by the close.
Fink says modern monetary theory is garbage.
https://www.marketwatch.com/articles...wsviewer_click
Interesting quote from that article:
"Regardless of the theoretical underpinnings, the U.S. Congress and President Donald Trump have passed and signed massive tax cuts and increases in spending with no revenue-raising offsets of a similar magnitude. And those actions came after Republicans spent years complaining of deficits under President Barack Obama."
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
TSLA up over 2% today
Knocking on the door... 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 indices are still holding onto solid gains with less than two hours to go in this quadruple witching expiration day, but the Transports just went negative.
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 S-fund is testing the 50 / 200-day EMA again. Last one held. Another buying opportunity, or is the rug going to get pulled out from under it?
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 S&P didn't close above 2815.
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.
I'm sick. I got in the C Fund 3 days ago. ( Forgot to enter it in the auto tracker)
Had my 1% for the month made and missed the deadline to get out yesterday because I got busy at work. So I got out today and lost it all back plus another 1% give or take...
So I'm down about $2500!
I succumbed to FOMO!
I hate this market.
Sent from my XT1585 using TSP Talk Forums mobile app
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 |
Bookmarks