Thread: tsptalk's Market Talk

Originally Posted by James48843

Pssssst!

Don’t tell anybody- but I just got a hold of the market calendar for the rest of the year from
my buddy who is the time traveler for the NSA.

Here is what he brought back from 2021!!

Keep it under wraps, will you?

It’s a secret!

IMG_8147.JPG


Sent from my iPhone using TSP Talk Forums

2020 is so crazy that Iran tried to start WWIII and no one even thinks about it anymore.

Originally Posted by bmneveu

I don't try to make sense of it anymore. Now I'm just under the assumption it will always be a bull market, because the Fed will always step in at any sign of weakness.

Well, we do need a perma-bull to take over for Birchtree!!
(Miss him.)

It looks like nobody wants to raise cash. The S&P is down and small caps are getting sold sharply again for a second day, yet investors are buying up big tech with a vengeance again today.

Originally Posted by tsptalk

It looks like nobody wants to raise cash. The S&P is down and small caps are getting sold sharply again for a second day, yet investors are buying up big tech with a vengeance again today.

Taking some risk off the table?

Fed meeting minutes...

Possible downside targets...

Not the most exciting thing happening today, but its a good confirmation of the rally in stocks. The yield on the 10-year T-note is jumping back above the 50-day EMA this morning...

Keeping with the theme of watching the boring stuff for clues, with the Fed now buying corporate debt, HYG should have a cushion under it, so any failures would be a red flag.

We've seen a lower high recently, but no lower low yet.

It broke below one key support line, but holding above another.

81 looks to be key level to hold.

Look at that BND pop at 2:30...

After the bond market closed. hmmm.

The futures just turned green, but fair value adjusted they are still well under water. The S&P 500 futures would have to go to +27 before they indicate a positive open.