Discuss Market Comments 12/14

FOMC Tuesday- Stocks got off to a good start on Monday and the rally continued well into the afternoon, but a late afternoon sell-off took the indices well off of their highs. The Dow did gain 18-points, but the leaders - Transportation Index, Nasdaq and small caps, were all down on the day...

Market Commentary for 12/14/10

Current Daily Market Commentary

 

[JTH]

Great stuff Tom, how you keep the materiel fresh, I'll never know.

 

[tsptalk]

Thanks. Some days are tougher than others. Right now with the bull raging and many not believing it, it's easy to find reasons for both sides of the argument. That makes it easier.

 

[Guest]

Tom, Thanks so much for taking the time to write these every day as I find them so informative. It always amazes me how the market hangs on to an upswing or downswing much longer than it seems like it should. I still don't really understand why but your comments at least give me some insight.

 

[JTH]

Tom have you noticed the simular patterens from Mar to Jan 2009 and Aug 2010 to today. You might have already mentioned it, and I just didn't notice.

 

[tsptalk]

Thanks so much for taking the time to write these every day as I find them so informative.

You are very welcome! Thanks for stopping by.

 

[tsptalk]

Tom have you noticed the simular patterens from Mar to Jan 2009 and Aug 2010 to today. You might have already mentioned it, and I just didn't notice.

Do you mean the "V" bottom followed by a breakout? Similar, but not as severe. Those were some panicky times back in early 2009.

I've been looking at the 2006 chart and how the S&P moved relentlessly higher after a similar consolidation period...

 

[JTH]

Do you mean the "V" bottom followed by a breakout? Similar, but not as severe. Those were some panicky times back in early 2009.

Thanks, it reminds me this market is killing the bears with "death by a thousand slices."

 

[tsptalk]

I remember that well. I was the one waiting on the sidelines.

 

[dannyboy]

Tom thanks for your insight and all the data involved in those charts! FANTASTIC!
The markets look good, but for how long?
Low %'s favor the S fund,
Santa shops at the S,
History favors this season,
Congress wants tax-brks extended, favor the S fund,
GO 100% - S FUND!

 

[tsptalk]

Thanks DB!

 

[Guest]

Tom, I agree with the others...your insight is really helpful. Thank you!

This year I have been using a portfolio of 30% C fund, 45% S fund, and 25% I fund. I'm 34 years old...does this sound like a good mix?

-Ben