Market Talk / April 30 - May 6

[Spaf]

The Kingdom of TSP
Sunday-Weekly
Early Edition
April 30, 2006​

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Market Yak.............................Socks go down, socks go up. In the flat spot again. Could this be a cheese week?
Other Yak...............................Lube near 6% monthly gain. Gas up $0.43 from a month ago.
Jester Yak..............................A correction to the 50 day MA appears to be a good buying time!

Doodles:
Socks [$SPX] Closed at.............1,310.61, dn -0.67, for the week.
Volume (CMF) (money flow)........-0.005, increasing.
Averages (MACD) (trend)...........+3.812, increasing.
Momentum (S-STO) (signal)........74.40, increasing.
Strength (RSI) Overbought/sold...[70] 57.68 [30]

Lube (NYM) Closed at................71.88, dn -3.29, for the week.
Oil Markers..............................<70= ok, 70-75= worry, >75= panic.

Tea Leaves:
Charts & Stuff..........................Green with caution.

Tin Box:
Position...................................100G.
Stops [$SPX]............................Alert: 1306. Trail: 1294

TSP (week ending)......G=11.33..F=10.59..C=14.31..S=17.91..I=20.17
....(1 week past)........G=11.32..F=10.58..C=14.31..S=18.02..I=20.04
....(2 week past)........G=11.30..F=10.55..C=14.07..S=17.60..I=19.33
....(3 week past)........G=11.29..F=10.57..C=14.13..S=17.73..I=19.55
....(4 week past)........G=11.28..F=10.61..C=14.12..S=17.85..I=19.24

 

[CheapShot]

What happened to the "Playing the I Fund Post" I pretty much read Market Talk, and Playing the I Fund daily?

 

[LA_Guy]

I just noticed that too. Did somebody accidently delete that thread?

 

[robo]

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[tsptalk]

What happened to the "Playing the I Fund Post" I pretty much read Market Talk, and Playing the I Fund daily?

Not sure. Let me check...

 

[tsptalk]

Is this what you were looking for? Playing the I Fund

 

[CheapShot]

Is this what you were looking for? Playing the I Fund

Thats it, has numerous posts, did it drop off?

 

[vectorman]

Is this what you were looking for? Playing the I Fund

Tom for some reason the thread ' Plaing the I Fund" with current post is not showing up at the top of list under 'Day To Day Market Talk'

 

[tsptalk]

Is there two? There is a "Playing the I Fund" thread in I Fund forum...
http://www.tsptalk.com/mb/forumdisplay.php?f=22

 

[vectorman]

Is there two? There is a "Playing the I Fund" thread in I Fund forum...
http://www.tsptalk.com/mb/forumdisplay.php?f=22

Your right, thanks.

 

[Master]

It was moved from the Day to Day Market section.

 

[tsptalk]

Futures are up nicely tonight. Monday morning rallies have a way of not sticking, but this is May 1, 2 and 3 coming up - typically strong.

Too bad a couple of the indicators didn't stay bullish or I would be playing the stock funds early this week. The OEX put/call ratio, overbought/oversold ind., ARMs index, and the sentiment surveys don't confirm. I usually get burned when I play seasonality by itself.

 

[vectorman]

Futures are up nicely tonight. Monday morning rallies have a way of not sticking, but this is May 1, 2 and 3 coming up - typically strong.

Too bad a couple of the indicators didn't stay bullish or I would be playing the stock funds early this week. The OEX put/call ratio, overbought/oversold ind., ARMs index, and the sentiment surveys don't confirm. I usually get burned when I play seasonality by itself.

Tom, what link do you use to get an early read on U.S. futures. Thanks

 

[The_Technician]

Reports point to inflationary environment....more support for an improving economy only to be negated with increase in wages and inflationary pressures. Looking for that drop in the F fund before long....

Dollar is dropping due to threat to cease interest rate increases....losing out to foreign rate increases is the culprit......

European countries installs import penalties on US goods ....protectionism?????

Whats next......everything is going their way except the dollar dropping has increased our exports....and that is hurting us in various ways...that I fund sure looks good if we don't hit a global event......

 

[James48843]

Dollar continues it's downward slide- making the "I" fund more valuable.

 

[tsptalk]

Tom, what link do you use to get an early read on U.S. futures. Thanks

The link is always on the top left of the home page...

Globex Futures Prices

 

[The_Technician]

what just happened, the S&P and Wilshire just took a shot.........anybody....????

 

[Pilgrim]

My guess is that oil closed at 3pm and the market just realized it was sharply up.

 

[Griffin]

Bernake just rescinded his remarks about being dovish - I guess that means not to look for a pause in the rate hikes anytime soon.

 

[The_Technician]

Suppose the word of the day on the stock market is SELL...SELLL....:blink: