Exnavyew's Account Talk

[exnavyew]

Stock futures down sharply on China worries, Fed comments - MarketWatch

 

[exnavyew]

Stop blaming China—the problem is bigger than that
http://www.cnbc.com/2015/09/03/stop...adline|headline|story&par=yahoo&doc=102970110

 

[exnavyew]

Barring something dramatically positive happening(like a severe drop in the market that I would find too tempting to pass up given the long range economic picture is good IMHO) will probably sit Sept. out in the G-fund.
I-fund near 2 year low though...hmmm.
For now, sitting tight.

‘Bearish divergence’ is warning investors not to buy the dip in the stock market - MarketWatch

 

[exnavyew]

Nikkei is currently up over 5%. Sheesh.

 

[DreamboatAnnie]

Nikkei is down ~3% right now. US Futures are slightly down.

 

[exnavyew]

5 reasons to double-down and buy stocks today - MarketWatch

 

[exnavyew]

What a screwy market today.

5 reasons to double-down and buy stocks today - MarketWatch

 

[exnavyew]

Interesting that equities were basically up in September prior to the Fed's announcement of no rate hike and the very next day a big drop. Did the market WANT a rate hike? I would like to see a rate hike for the simple reason of both getting it over with and see how the market reacts. Does the FED fear a negative reaction to a rate hike, being blamed for it and they're playing it safe? Also, if the economy is SO fragile that it can't withstand a .25% rate hike what does that say about the economy and maybe THAT's why the big drop on Friday? That is, if the FED thinks the economy is still too 'fragile' it scared investors into selling.
Thus endeth the rant.

 

[felixthecat]

Interesting that equities were basically up in September prior to the Fed's announcement of no rate hike and the very next day a big drop. Did the market WANT a rate hike? I would like to see a rate hike for the simple reason of both getting it over with and see how the market reacts. Does the FED fear a negative reaction to a rate hike, being blamed for it and they're playing it safe? Also, if the economy is SO fragile that it can't withstand a .25% rate hike what does that say about the economy and maybe THAT's why the big drop on Friday? That is, if the FED thinks the economy is still too 'fragile' it scared investors into selling.
Thus endeth the rant.

Day trading is fashionably in and quick profits are king. I don't do well in this environment...that is because I cannot move fast enough and the medium to longterm is down. So holding is not going to work. Table scraps is the only thing I can grab. Maybe in Nov/Dec

 

[exnavyew]

IMHO the market expected a small rate hike and didn't get it and investor fear took over about 'maybe the economy isn't as strong as we thought' type thinking.
...sounds good anyway...

Why the Fed decision left investors confused - MarketWatch

 

[exnavyew]

With the I-fund near 2-year lows gotta admit I'm tempted...but I'll do a little more 'wait and see'.

[h=1]An uneasy market now driven by 'daily fantasy' traders[/h]
https://finance.yahoo.com/news/an-u...en-by--daily-fantasy--traders-121633461.html#

 

[exnavyew]

I-fund hasn't been this low since late 2012.
'How low can you go?'

https://www.youtube.com/watch?v=iTKj_Vd5_Bk

 

[exnavyew]

This will be the first month in a year where I didn't use an IFT. 100%G
Waiting for better news in the market. Might have to wait til the holidays to get a seasonal bump.
Sure wish TSP would let you rollover unused IFT's to the next month!

 

[RealMoneyIssues]

Sure wish TSP would let you rollover unused IFT's to the next month!

Don't we all...

 

[exnavyew]

[h=1]Opinion: Stock investors haven’t been this bearish in 15 years[/h]Stock investors haven

 

[exnavyew]

Bear market or no if the I-fund cracks 55 I'll 'have' to get a piece of that. Not 100% but something.
Bears are roaring.

 

[exnavyew]

Nikkei up 2% already...Sheesh!
'Panic buying'?

 

[Cactus]

Yeah, it's taken off straight up like a rocket! You know what happens next. The engine cuts out and you plunge into the drink deeper than you started. :worried:

Yep, looks like that's started already.

 

[exnavyew]

FWIW:

What to Buy in Next Recession as BofA Sees Massive Policy Shift
https://finance.yahoo.com/news/buy-next-recession-bofa-sees-092201324.html

 

[exnavyew]

What's a good snow tire? Was leaning toward Nokian WRG3, excellent reviews but too many people said they're noisy on dry pavement.