Exnavyew's Account Talk

[exnavyew]

Maybe not a record but I can't recall the SP500 trading in a 14 point range the entire day for a long time. Market digesting the Fed comments and other data and will 'decide' overnight which way to move tomorrow? Nobody wanted to venture far from 2800 today. :worried:

 

[exnavyew]

​Just FYI:
Saudi oil minister to Trump: 'We are taking it easy'
https://www.cnbc.com/2019/02/27/saudi-oil-minister-to-trump-we-are-taking-it-easy.html
​

 

[exnavyew]

The way the market is acting lately I'm beginning to suspect the brokerage firms have gained control of Wall Street.

 

[exnavyew]

FWIW:
Dow falls for a second day on US-China trade uncertainty, tech sector snaps 12-day winning streak

[

However, Lighthizer reportedly told The Wall Street Journal that the U.S. is working to formally abandon plans to hike tariffs on Chinese goods as long as talks continue. That is the clearest sign that a deal between the​

two countries could come soon

.]​

https://www.cnbc.com/2019/02/27/stock-market-dow-futures-in-focus-ahead-of-trump-kim-summit.html
​

​

 

[exnavyew]

Is this why futures are 'currently' up? :thinking:
(Story at 8:48pm 2/28)

Fed Chief Jerome Powell Says U.S. Economy ‘Is in a Good Place’​

https://www.wsj.com/articles/fed-chief-jerome-powell-says-u-s-economy-is-in-a-good-place-11551402901

 

[weatherweenie]

Let's hope so!

Is this why futures are 'currently' up? :thinking:
(Story at 8:48pm 2/28)

Fed Chief Jerome Powell Says U.S. Economy ‘Is in a Good Place’​

https://www.wsj.com/articles/fed-chief-jerome-powell-says-u-s-economy-is-in-a-good-place-11551402901

 

[exnavyew]

FWIW:

U.S., China preparing final trade deal that could be signed within weeks: report
https://www.marketwatch.com/story/u...hin-weeks-report-2019-02-28?mod=mw_latestnews
​

 

[tsptalk]

Is this why futures are 'currently' up? :thinking:
(Story at 8:48pm 2/28)

Fed Chief Jerome Powell Says U.S. Economy ‘Is in a Good Place’​

https://www.wsj.com/articles/fed-chief-jerome-powell-says-u-s-economy-is-in-a-good-place-11551402901

Sure. Why not give the market another reason to get more more overvalued?

he highlighted recent risks to growth that prompted the central bank to signal it is done raising interest rates for now.

 

[exnavyew]

Hasn't a trade deal been 'imminent' for about a month now?
Stock market is addicted to 'hope-ium'.

Asian markets gain on reports that U.S.-China trade agreement is imminent
https://www.marketwatch.com/story/a...ment-is-imminent-2019-03-03?mod=mw_latestnews
​

 

[exnavyew]

FWIW:

China trade deal looking more and more like a 'sell the news' opportunity for stock investors
https://www.cnbc.com/2019/03/04/chi...the-news-opportunity-for-stock-investors.html
​

 

[exnavyew]

FWIW:

Dow transports just booked their longest losing streak in 9 years

https://www.marketwatch.com/story/d...r-longest-losing-streak-in-9-years-2019-03-05
​

 

[exnavyew]

Congrats to anyone who was in SRTY Wed. +5.89%!!

 

[exnavyew]

I never would have guessed WalMart to be a major loser over the last decade.

Bull-market’s 10th anniversary: the best (and worst) stocks over that run
https://www.marketwatch.com/story/b...est-and-worst-stocks-over-that-run-2019-03-06
​

 

[exnavyew]

FWIW articles:

The Dow is on the verge of a bullish golden cross, but stock-market analysts aren’t exactly cheering
[SUB][SUP]https://www.marketwatch.com/story/t...et-analysts-arent-exactly-cheering-2019-03-07
[/SUP][/SUB]​

Man credited with calling the 2008 crisis says the next 20 years in the stock market will ‘break a lot of hearts’
https://www.marketwatch.com/story/i...lot-of-hearts-2019-03-07?mod=newsviewer_click
​

 

[exnavyew]

Just FYI:

This 135-year-old stock index just logged its longest skid in about 50 years
https://www.marketwatch.com/story/t...bout-50-years-2019-03-08?mod=mw_theo_homepage
​

 

[exnavyew]

Just looking at the futures and I don't think I've ever seen the DOW futures down significantly while the other major futures are (currently) just plain flat. Seems odd. I wonder what it portends? :blink:

 

[Mcqlives]

That one is from Boeing tanking. China grounded the 737 and there a rumblings of cancelling orders

 

[exnavyew]

As an experiment I took equal positions in URTY and SRTY just before the close Monday. Depending on futures, news etc. will dump one before the market opens one day this week. Gulp.

Why a bout of small-cap carnage could be a red flag for stock-market bulls
https://www.marketwatch.com/story/w...-market-bulls-2019-03-11?mod=mw_theo_homepage
​

 

[exnavyew]

Sometimes the market just plain drives me crazy. :nuts::nuts::nuts:
https://www.youtube.com/watch?v=3Fn36l_z3WY

 

[exnavyew]

In the future they may use early 2019 as an example of a FOMO driven market. :cheesy: