Thread: tsptalk's Market Talk

Originally Posted by tsptalk

LOVE those bull flags!!

Apple and Tesla are down today. What are stocks doing up?

Is it legal for Apple to be down?

Originally Posted by tsptalk

Apple and Tesla are down today. What are stocks doing up?

Once again, high tech flying - equal weighted S&P 500 down.

What amazes me is the how fast the new L funds have ran since they became available. The 2065 fund is up over 9.5% in less than two months. That is simply crazy. Just a rough figure at this pace it will be up over 50% in a year. Nope no market bubble here, nor does gaps, over sold conditions, lagging real economy, good news or bad news mean anything. Charts are useless.

Seems kind of like the dot com bubble but here it is a difference this time. The Fed is pushing so much liquidity to ensure the market do not fail. Every talking head I hear on CNBC etc says the market has room to run and with the Fed buying why not. Only thing is the normal person isn't even in the market from what I read and how can 401k's be pushing it higher when there are still of ton of people out of work and jobs being lost Ie. look at the Airlines. The markets need a good 10% drop/wake up call to bring things back to the mean.

Originally Posted by quabit

What amazes me is the how fast the new L funds have ran since they became available. The 2065 fund is up over 9.5% in less than two months.

That's because they missed the crash. They went live on the upswing. Just lucky timing. If they went live in April instead of June they'd probably be up 30%. Doesn't mean they are gonna have a 100% year. Just means they missed the losses and caught the gains. They are invested now though, so they will be exposed to any future losses.

Originally Posted by weatherweenie

Is it legal for Apple to be down?

They were just crouching down a little to get a better spring for the next jump forward...

trampoline.jpg

The Russell 2000 and Equal Weight S&P 500 are still down?

They keep pil'in in the big guy tech... AAPL, AMZN, TSLA, FB, MSFT - up, up, up.... Naz 100 +1.76%.

The S&P is up 1%, and the VIX is +2.9% ?? Hmm.

Markets just flat out acting stupid the past week. Short term hysteria led by possible treatments, vaccines, and r/dnc's getting everyone excited for what their vision of utopia entails in the next four years.

A washout of some degree is imminent.