Market Talk / Jan. 28 - Feb. 3

[Griffin]

Re: Market Talk / Dec. 10 - 16

CNBC said Lacker is no longer a voting member.

Maybe so....but he didn't dissent........... .............thanks for pointing that out. I feel like a Jack&*(

 

[weatherweenie]

Re: Market Talk / Dec. 10 - 16

I feel like a Jack&*(

But you look like a monkey.

 

[Griffin]

Re: Market Talk / Dec. 10 - 16

But you look like a monkey.

The absolute ankle deep end of the kiddy gene pool

 

[Birchtree]

On a rally day like today those of us who have faith to stay long should have magnanimity and sympathy for the lilly padders. New all-time high on the NYAD line, R2K, Wilshire 5000, lots of mid caps. Melt up and plenty of gap expansion on the NYSE breadth MCSUM. Plenty of positive money flow to keep this momentum going until April, I bet.

 

[TiCKed]

On a rally day like today those of us who have faith to stay long should have magnanimity and sympathy for the lilly padders.

Only if they're nice to me when I ride the next drop all the way to the bottom...(Which is a mistake I'm almost assured to make).

 

[tsptalk]

Google's currently down $12 - $14 in after hours trading after strong earnings report.

 

[Spaf]

Daily Yak

The Kingdom of TSP
Daily Edition
January 31, 2007 Closing ​

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Pro-Yak....................................Rates unchanged, socks rally!

Con-Yak...................................Lube spurts above $58.

Jester-Yak................................SP resistance at 1439.

Doodles:
Socks ended up for the day.
Stops.......................................Alert (-1%)....Trail (-2%)
.....$SPX.......1438.24 +9.42.........1426.13..........1412.13
.....$EMW.......647.70 +3.69...........641.70...........635.70
.....EFA............74.24 +0.28............73.76.............73.06

Dollar........................................84.60 -0.40 for the day.

Lube (NYMEX) Closed at...............58.14 +1.17 for the day.
Oil Markers.................................<60= ok, 60-65= worry, >65= panic.

Tea Leaves:
Yakndoodles................................Yellow.

Tin Box.
Leaders Ratio / Top 10 .................4.8 ......1.0 ......0.0 ......0.8 .....3.4 ....07 leaders
Leaders Play................................G-fund, F-fund, C-fund, S-fund, I-fund.

 

[FundSurfer]

Google's currently down $12 - $14 in after hours trading after strong earnings report.

Sell the news?

 

[tsptalk]

Looks like it. It had a nice run up into the earnings.

 

[Griffin]

Japan and Australia are looking strong.

 

[Show-me]

I just want to say...........the Windows XP tabs are awesome. Lay out your charts and other ED and BANG!!! All there to see.

Now, am I dreaming or is the USD chart a no brainer? Banging right off of that 200 dma. No rate hike, consumer confidence up, GDP up, and core inflation "improved modestly in recent months".

Now I could see the USD rise a bit on speculation of a future rate hike but not now. I'm looking hard at the I fund. Stick'n with my 50% allocation rule until the trend starts running back up again.

 

[airlift]

Wait till you see Vista from Microsoft. I don' even know what I am saying, but a technician at my office says that with Vista you can open your garage door from your notebook (at 2 miles away!). All of this is foreign to me. But I am open-minded.

I just want to say...........the Windows XP tabs are awesome. Lay out your charts and other ED and BANG!!! All there to see.

Now, am I dreaming or is the USD chart a no brainer? Banging right off of that 200 dma. No rate hike, consumer confidence up, GDP up, and core inflation "improved modestly in recent months".

Now I could see the USD rise a bit on speculation of a future rate hike but not now. I'm looking hard at the I fund. Stick'n with my 50% allocation rule until the trend starts running back up again.

 

[Spaf]

The Kingdom of TSP
Chart Addendum
Jan. 31, 2007​

The chart for the S&P 500 looks good. But, we just recovered from a semi-bull trap. February is the weak link in "The Best Six Months" RE: Stock Traders Almanac.

This is a proceed with caution. Where you stand in the retirement picture can make all the difference.

At some point we need to take the profits! AH! The old Lilly pad!

Le Chart​

Chart courtesy of www.Stockcharts.com​

 

[mayday]

A wise man should take note of Le Chart. I'm in the I fund today. I'm also bailing to the lilly pad for Friday. Let the profit takers have their day I just hope it dos'nt retreat to bad today.

 

[airlift]

Spaf,
I saw you did an IFT to G effective COB today. I, too, am considering G very seriously. Many other technicians, including Helene Meisler at RealMoney.com, are cautious and saying that this will probably be a short-term rally. So, we have to consider end-of-month window-dressing momentum with a strong potential for a correction. If it doesn't occur immediately, we can still take gains and protect capital. Also, look at Tom's commentary (Holding G), as well as the indicators from Trader Fred's submodels!

 

[mayday]

End of the month all those automatic allocations to IRA's have been posted time for the big boys to take em away.

 

[weatherweenie]

08:00 am : S&P futures vs fair value: +2.2. Nasdaq futures vs fair value: +3.8. Based on action in the futures market, stocks are currently slated to pick up where they left off yesterday, trading higher. The positive disposition is largely being driven by upbeat news out of the Tech sector. Google (GOOG) nearly tripled Q4 earnings last night, and even though investors' loftier expectations are applying some pressure to the stock, Dell (DELL) surging 6% in pre-market action following news that Michael Dell will return as CEO is more than acting as an offset. The early indication can't be taken for granted, though, knowing that the Fed's favored inflation gauge -- core-PCE deflator -- will be released at 8:30 ET.

 

[weatherweenie]

08:33 am : S&P futures vs fair value: +3.7. Nasdaq futures vs fair value: +5.0. December personal income rose 0.5% while personal spending rose 0.7%, both matching economists' forecasts. The more closely watched core-PCE deflator, meanwhile, rose a surprisingly low 0.1% to leave the year-over-year rate at 2.2%. Initial claims fell 20K to 307K (consensus 315K). Futures indications have strengthened following the tame inflation data and now point to an even higher start for the cash market. Bonds have also improved a bit, pushing the yield on the 10-yr note (+3/32) to 4.79%.

 

[ATCJeff]

Can we break 1450 today? I think so......Birch where's your cheers?

 

[James48843]

Blast off.

S fund + 0.46%
C Fund + 0.31%

Nice open