Exnavyew's Account Talk

5% slide in the Nikkei....Ouch!

Nikkei hits 20-mth low after Wall St slides on U.S. political worries

"Negative sentiment has replaced logic, as is often the case during a sell-off. A third of the selling is induced by panic, another third by loss-cutting and the remaining third by speculators trying to make a profit from the market rout," said Takashi Hiroki, chief strategist at Monex Securities in Tokyo."The sell-off is triggered almost entirely by developments in the U.S. markets, rather than by negative factors unique to the domestic market."Treasury Secretary Steven Mnuchin called top U.S. bankers on Sunday amid the pullback in stocks and said he was calling a meeting of financial regulators to discuss ways to ensure "normal market operations".
https://www.yahoo.com/finance/news/nikkei-hits-20-mth-low-062220247.html

Merry Christmas to all and may we have a better 2019! :fest30:
 
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Barring a monster Monday looks like the G-fund will finish first this year in the TSP funds. Ouch. I want to see how Wall Street reacts to the new Congress before making any moves in 2019. Good Luck All!!! :smile:
 
2500 seems to be acting as a ceiling in the C-Fund today. FWIW.

Edit: Of course it spiked at the close. :D Don't know what to make of that.
 
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My Financial Advisor called yesterday and we discussed buying some shares in Apple. Took the plunge. I now own Apple stock. Of course this morning I heard if you have a 401K you probably have some Apple stock.
 
Well, the futures are up so we're in for a down day tomorrow? Or is it a double reverse fake out? A triple? I'm dizzy. :1244:
 
Is this a belated Xmas rally? Take a look at the S&P 500 index from 12/24/2018 (Christmas Eve) thru the present. Been sitting in the G-fund. :17:
 
NVDA making a big comeback today. Was down about $6 down a share and currently up $2 a share! Yeah! :D
 
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