Epic's Account Talk

[tsptalk]

Thanks for the link. Seemed like a hodge-podge of strong and weak data. Maybe that's why yield are down but the dollar is up to start the day. :hypnotized:

 

[Epic]

Man-O-Man-O-Man-O-Man............... Just over 30 minutes till the Open.
Hang On ! ! ! ! ! :blink:



Stock Market Futures - Investing.com

 

[Epic]

30 minutes till the CPI numbers are released at 8:30, but futures seem fairly calm. (calm before the storm??? :dunno:)
I'm not sensing any overall feeling of nervousness this time around, especially after the the drop and semi-rebound of last week, but we'll see. We've been surprised before.
I'm a bit more concerned of what's going on with Iran and stuff like that as being a trigger for another reason for the market to tank. I think the CPI numbers are already priced in to some extent.......
Steady as she goes

Stock Market Futures - Investing.com

 

[Epic]

July CPI inflation rate falls to 2.9%, below expectations of 3.0%.
Core CPI inflation fell to 3.2%, in-line with expectations of 3.2%.
This marks the first month with CPI inflation below 3.0% since March 2021.
The first rate cut since 2020 is coming next month.

 

[Whipsaw]

We get a rate cut, what is the market expected to do? Anything? Maybe it's priced in...

 

[tsptalk]

Yup, priced in for sure and actually a 0.50% was probably priced in, but we may not get that now. But the economy is trying to firm up. Justified move or too far, too fast? :scratchchin:

 

[Epic]

Gonna be a crazy week and J. Pow speaks at Jackson Hole on Friday with possible clues on rate cut..........
Goldman Sachs, JPM see the S&P 500 hitting new highs in coming months By Investing.com
Goldman Sachs, JPM see the S&P 500 hitting new highs in coming months.
U.S. equities could rally over the coming four weeks, Goldman Sachs strategists said Monday, citing positive technical equity dynamics and a tailwind from corporate buybacks.

Also (on a side note), should have held onto ASTS that I was all jacked on months ago, but I'm an idiot. It wasn't going anywhere (at the time), so I bailed and forgot about it for the most part. :banghead:

.

 

[Epic]

20 minutes till the open. Futures lookin flat, but better than yesterday. :fing02:

Stock Market Futures - Investing.com

 

[Epic]

Just FYI...... Jobs Revision numbers (for what it's worth).
Rumor is that: This is the biggest negative revision to payrolls since the global financial crisis.







...

 

[Epic]

I'm just playin with trying to make notations (Annotate) within the chart, but I don't know what I'm doing. Can't figure out how to save anything, so I'm just learning as I go. This is S-Fund (DWCPF).
The only way to learn is by trying. :laugh:
I started from the link I had from a while ago that DBA posted >>>>> $DWCPF | SharpCharts | StockCharts.com
.... and then tried to make changes from there. This IS NOT my strong point......:cheesy: (can U tell????) :nuts: ha ha ha . . . .

 

[Epic]

Today, in just over an hour...........(should be interesting).
For one who's been looking for a new place to live for about a year now, I'm also interested in the Housing Data.
It's brutal out there (and has been for a while) for both New and Pre-Owned homes. Luckily I'm in no rush and have plenty of time. The pricing is insane and keeps climbing, even in some remote areas that you think wouldn't be affected.
UGGHHH . . . .

 

[nasa1974]

Today, in just over an hour...........(should be interesting).
For one who's been looking for a new place to live for about a year now, I'm also interested in the Housing Data.
It's brutal out there (and has been for a while) for both New and Pre-Owned homes. Luckily I'm in no rush and have plenty of time. The pricing is insane and keeps climbing, even in some remote areas that you think wouldn't be affected.
UGGHHH . . . .

View attachment 61614

Jackson Hole is 2 hours behind eastern time. So I guess he starts his speech at 8am MT.

 

[Epic]

Jackson Hole is 2 hours behind eastern time. So I guess he starts his speech at 8am MT.

Yeah..... I had to look that up myself cause I had no idea. That is correct.

 

[Epic]

Fed's Powell says 'time has come' to begin cutting interest rates

Fed's Powell says 'time has come' to begin cutting interest rates


Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying "the time has come" for the central bank to begin lowering interest rates.

Speaking at the Kansas City Fed's annual economic symposium in Jackson Hole, Powell said: "The time has come for policy to adjust."
"The direction of travel is clear," Powell added, "and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks."
.

 

[nasa1974]

Fed's Powell says 'time has come' to begin cutting interest rates

Fed's Powell says 'time has come' to begin cutting interest rates


Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying "the time has come" for the central bank to begin lowering interest rates.

Speaking at the Kansas City Fed's annual economic symposium in Jackson Hole, Powell said: "The time has come for policy to adjust."
"The direction of travel is clear," Powell added, "and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks."
.

The market has taken a liking to his message. Now we wait and see what happens by 4pm ET.

 

[Epic]

The market has taken a liking to his message. Now we wait and see what happens by 4pm ET.

Agreed.......... The Market is getting a boost but Treasuries are taking a small hit, which is not good for the G-Fund Crew when they go to calculate for Sept. rates. Also, lots more data coming out between now and when the Fed makes this change, so it all may be derailed depending...... I guess we'll see... :dunno:

 

[tsptalk]

Agreed.......... The Market is getting a boost but Treasuries are taking a small hit, which is not good for the G-Fund Crew when they go to calculate for Sept. rates. Also, lots more data coming out between now and when the Fed makes this change, so it all may be derailed depending...... I guess we'll see... :dunno:

Interesting take. Maybe adding a little F-fund would help counter any slip in the G-fund rate. As bond yields fall, the F-fund moves up.

 

[Epic]

Interesting take. Maybe adding a little F-fund would help counter any slip in the G-fund rate. As bond yields fall, the F-fund moves up.

Hmmmmm........ :scratchchin: That's a good point. I didn't think of that.
That may not be such a bad idea if this chart thingy that I saw this morning somewhere is accurate and if history does indeed repeat itself.
If it does and things tank shortly after the Fed cut like in 2007, then maybe F-fund would be the place to be. :dunno:

 

[Epic]

UUGGHHH........ Not a great way to start the week.
Market mode is:





..

 

[Epic]

Still sitting in G-Fund with nothing much to post, so for all you Techy's and NVDA fanboys (and girls) out there, I found this to be pretty cool, even though I don't understand most of it (like what's a Token??).
Still a privately held Company, so nothing to invest in..................yet. :23:
Maybe Tom or some of you others can understand all this stuff. It just sounds like this is going to be some crazy hyper fast AI technology that could take out NVDA as Top Dawg.

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