Exnavyew's Account Talk

[exnavyew]

Hurry up Santa! :worried:

The S&P 500’s lower low warns that the worst is yet to come
https://www.marketwatch.com/story/t...arns-that-the-worst-is-yet-to-come-2018-12-17

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[exnavyew]

More trade drama? :worried:

Xi calls for China to 'stay the course': No one is in a position to dictate reform to us
https://www.cnbc.com/2018/12/18/ami...ays-china-must-stay-the-course-on-reform.html

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[Whipsaw]

All of your products are belonging to us!

 

[FogSailing]

Not the message of an improved trading relationship we had all hoped to hear.
Of course, there is a lot going on in the back room and the public comments are "just the news".
But, news is always a good thing to pin a slide or a rally on...so there is that..
Getting out today, back to the Lilly Pad..

FS

 

[exnavyew]

Cmon Santa!

"Bianco think’s the next 5% move in the S&P 500 is to the upside. A 5% move higher from the S&P 500’s current level of 2,560 is 2,688. Bianco’s year-end 2019 target is 2,950, representing over 15% upside from current levels."

Stocks could surge 'suddenly and sharply:' Wall Street expert argues
https://finance.yahoo.com/news/stocks-could-surge-suddenly-sharply-173614254.html

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[exnavyew]

If you had predicted a year ago that on Dec 18, 2018 the G-fund would be leading the TSP funds I wouldn't have believed it.

'And now it's G and C coming down the stretch with longshot G leading the pack.
Is that C making a move on the outside there?

 

[WorkFE]

There used to be someone on TSP TALK, cant remember who, that used to be that master at playing the F fund when the market was acting like this.

 

[Whipsaw]

The F fund used to run counter to the equities trend, that hasn't consistently been the case of late. I remember 'don't trust the F-Fund.'

 

[Mcqlives]

There used to be someone on TSP TALK, cant remember who, that used to be that master at playing the F fund when the market was acting like this.

Wasn't that Intrepid Timer back when he posted here regularly?

 

[WorkFE]

May have been

 

[wavecoder]

It definitely wasn't BirchTree *snort*

Though it might have been Intrepid_Timer (Intrepid_Trader at that time), he was killing it. That was around the time I started getting into trading / investing and used to follow him a bunch.

 

[exnavyew]

Can I sue the Fed for whiplash? :laugh:

 

[exnavyew]

https://www.youtube.com/watch?v=RLySXTIBS3c

 

[exnavyew]

Scary market.
Way down from early Oct, futures are currently deep red (normally a great entry point) plus the Santa rally bias and I'm still too scared to buy.
Sheesh.
Bite the bullet, jump in, ride it out and wait for the market to come to it's senses down the road? :scratchchin:

 

[TSP-roulette]

Go figure, nice upswing until the Fed raised rates. The Santa Train derailed rather violently. Now Govt. closure perhaps on Friday. I'm sure they'll come up with some crappy temporary fix. It's De javu, it happens every year.

 

[exnavyew]

If no Santa this year then maybe we'll have a 'Happy New Year' (ala January) cuz Wall Street will suddenly notice all the 'bargains' created by late 2018 carnage? What? It could happen. :nuts:

 

[tsptalk]

Do algos take Christmas week off?

 

[exnavyew]

Some financial/stock market jokes:

The economy’s so bad, Exxon-Mobil laid off 15 Congressmen.

My stockbroker and I are working on a retirement plan. Unfortunately, it’s his!

A bank is a place that will lend you money if you can prove that you don’t need it.

The market may be bad, but I slept like a baby last night. I woke up every hour and cried.

From a trader after a market crash: “This is worse than a divorce. I’ve lost half my net worth and I still have a wife.”

A woman hears from her doctor that she only has 6 months to live. The doctor advises her to marry an economist. The woman asks, “Will this make me live longer?” The doctor answers, “No. But it will seem longer”.
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Q: How do you find a small-cap fund manager?
A: Find a large-cap fund manager and wait.
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[exnavyew]

I just called TSP and they said they will be open Monday regardless if the govt is 'shutdown' or not. I talked to 2 different service reps. Wanted to see if making an IFT before noon (Dec 24) was an option.

Below is from 2011, FWIW:

Impact of a FederalGovernment Shutdownon the Thrift Savings PlanMarch 4, 2011
https://www.tsp.gov/PDF/memos/oc11-5.pdf

 

[exnavyew]

Hope for optimism?

As stocks suffer a December rout, Wall Street strategists bet on 2019 gains​

https://www.marketwatch.com/story/a...9-gains-2018-12-22?mod=MW_section_top_stories

Here's why no Wall Street analysts believe stocks will suffer next year, despite a fear addled market
https://www.cnbc.com/2018/12/23/why-wall-street-analysts-expect-a-rosy-market-in-2019.html

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