Market Talk / Jan. 15 - 21

sugarandspice said:
I see triple digit loss today

Feels like they are setting up for a squeeze to me. Same set up was like last Friday. 50 point dow rally in the last 20 minutes.
 
Wizard said:
Feels like they are setting up for a squeeze to me. Same set up was like last Friday. 50 point dow rally in the last 20 minutes.

Glad I am not in the stock funds. That was a perfect Fed Beige Book. Inflation tame, housing cooling and our job is close to done. Good for 35 DOW points:rolleyes: . Saw at least 3 fed folks out saying energy is not being passing through to the core (:p - maybe for them), inflation is contained and the numbers back that up.
 
LA_Guy said:
So is Apple... Down 6% in the AH.

AAPL now down 8%.

The old mighty GOOG is off 6% (note they did not report).

Just like to see GOOG going down. :D
 
The theme this earnings season is that even if the numbers are good for Q4 of 2005, if growth forecast isn't perfect, the stock will get hammered. Yesterday INTC and YHOO, today AAPL and EBAY. Anything that met expectations for Q4 and the forecast are rewarded by a sideways movement after earnings. Look out below GOOG!
 
Boy the folks that are long stocks over in Japan must be loving our aftermarket.

When the darling AAPL is getting gutted - warning will robinson.

Over to you Japan. :eek:
 
Daily Yak

The Kingdom of TSP
Daily Edition
Jan. 18, 2006

Yak, Doodles, Tea Leaves, and The Tin Box.

Kingdom Yak:
Market Yak............ Socks slide on low earnings. No goo in Google, no hoo in Yahoo, but burgers [MCD]were hot!
Other Yak.............. Lube was a lower high in warm weather.

Doodles:
Socks................... S&P 500 ($SPX)
Closed at.............. 1277.93, dn -5.00
Money flow............ +0.170, rising.
Stops................... Alert: 1282 [broken], Trailing: 1270.
Averages............... +8.27, declining.
Slow STO.............. 75.43, declining.
Overbought/sold..... [70] 55.1 [30]

Lube..................... Light Crude (NYM)
Closed at............... 66.25, dn -0.69
Markers:................ <60 = ok, 60-64 = worry, >64 = critical.

Tea leaves:
Charts and Stuff..... Red.

The Tin Box:
Position................ 75G, 25F
 
It's only a speed bump

roguewave said:
Geeze, relax; it's only going to get much more volatile and interesting. The paper wars have begun in earnest and some of you appear to be getting weak in the knees. 100% I fund. Here's where being an investor whose view of the future can set you apart from being someone who tries to time price movements along the way. The former buys the dips and averages his/her cost per share along the way, the latter, tries to guess the direction.

Far to much intrigue for yours truly. Good luck all.

I am also 100% I fund.
 
HMMMMMMMMMMMMMM, read where the Japanese media reported that it could last couple of days!:eek:
ICHIRO Wrote:
I am glad that I got out of the I fund on 17 Jan 05. When I saw the Japanese government officals entering the Livedoor Main Office recently I knew that the Nikkei will drop substantially the next day. Here I am in Japan watching the Japanese securities news and they said that this slide in the Nikkei will continue for a few more days. There is a major panic among the new Japanese investors who are bailing out of the market at any cost. I guess the new investors did not realize that stocks may increase in price but there is always the risk that it will fall. As Tom said earlier the market needed a good reason for a major correction. I would not be surprised if the Nikkei drops another five percent. In a few days, once the market settles I will buy the I fund again.
 
15,000 should hold

coolhand said:
I am also 100% I fund.

Coolhand,
I agree with you on Japan," It's only a speed Bump." Japan has been good to me and it's going on sale.

I think Japan will sell-off some more, but I added shares today. It should get pretty good support around 15,000. It has had a Big Run and was due a correction. Japan is still a very good long term play, and most Mutual Funds have some type of Pacific Fund. I do think the returns will be lower this year.

Adding to my Emerging Markets also, took profits and have been waiting for pull-backs to add shares.. I think Japan is a good place to put some of your Roth money! Japan has hurt the I Fund some, but will bounce back soon.

Still heavy in fixed income and watching. The market held up very good today at the 1275 level.. If 1275 fails we could go to 1260 or lower, before we get some buying. The weak bulls are getting out, and the Boyz might try a squeeze on the shorts soon! Some of TA's I follow are staying long, but are very close to going to cash. They might get stopped out tomorrow.
 
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Will the NIKKEI find support at 15000

Birchtree,

Any opinions on support for the NIKKEI?
 
Panic Selling = Blue Light Specials!

nnuut said:

ICHIRO Wrote:
There is a major panic among the new Japanese investors who are bailing out of the market at any cost. I guess the new investors did not realize that stocks may increase in price but there is always the risk that it will fall. /QUOTE]

Sometimes Panic selling can be very profitable to longer term investors if your buying the sale. But if the NIKKEI goes back to 14000 that would ouch my profits!
 
NIKKEI up 200 at the open

To early to know if the correction is over, but maybe those in the I Fund can make some money back tomorrow!
 
robo said:
To early to know if the correction is over, but maybe those in the I Fund can make some money back tomorrow!

Buy shares today. Redeem them in 35 years. That's when you "make" your money.
 
Nikkei 10,000 to 16, 000

Robo,

The run from 4/05 at 10,000 on the Nikkei to recent high of 16,400 has been powered predominantely by foreign money - they are unlikely to tuck tail and run - keeping the expanding economy as a reason to be there in the first place. The domestic money is basically new and rather inexperienced and will eventually settle down to a multiyear bull run. The fundamentals are still on track and their trade is escalating to this country and China. I'm close to pulling the trigger on small caps to add to international - but there is plenty of time to adjust. Whatever one does there is a trade off in sacrifice - a post seven year run as opposed to a new perhaps seven year run. Take care.

Dennis - perma bull #2
 
closing early II

I'd hazard a guess that it's going to be hard to know how the market has actually priced the japanese portion of the I fund until the market there stays open for all the trades the market is interested in making in a day.

Here's a recent report suggesting closing early likely today too.



The Tokyo Stock Exchange may be forced to close early for a second day as transactions reached 2.2 million at the 11 a.m. midday break, or more than half the limit the bourse has set to avoid overloading its computers.
 
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