Market Talk / May 28 - June 3

[JOVARN]

One of the Fed members remarked that rates should not pause just yet. Also Walmart gave a weak sales outlook.

so you would think if shoppers are not shopping at wallmart then that means they have no money left so interest rate rises should then stop, no continue to go up?? whats up with this

 

[tsptalk]

I suspect there is still a concern over inflation.

 

[Spaf]

The Kingdom of TSP
Daily Edition
May 30, 2006 Closing​

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Market Yak..............................Socks slide back with worries about economy and inflation.
Other Yak................................Lube climbs to 72.
Jester Yak...............................Bouncing in the bottom of the bucket!

Doodles:
Socks [$SPX] Closed at..............1259.84, dn -20.32
Volume (CMF) (money flow).........-0.000, flat.
Averages (MACD) (trend)............-10.800, decreasing.
Momentum (S-STO) (signal).........31.61, flat.
Strength (RSI) Overbought/sold....[70] 37.26 [30]

Lube (NYM) Closed at..................72.03, up +0.66
Oil Markers................................<70= ok, 70-75= worry, >75= panic.

Tea Leaves:
Charts & Stuff............................Yellow

Tin Box:
Position.....................................100% socks
Stops [$SPX]..............................Alert: 1271 [broken]. Trail: 1258.

 

[Machinist Mate]

All day I found myself rearranging chairs on a ship that was going down. This cannot last?

 

[nnuut]

All day I found myself rearranging chairs on a ship that was going down. This cannot last?

Welcome to the Board Machinist Mate. It worked, now you have a total of 1 post.
Norman

 

[Spaf]

All day I found myself rearranging chairs on a ship that was going down. This cannot last?

Welcome aboard!

 

[JOVARN]

The feds are using stocks as a weapon. Markets across the globe are in the toilet.
Maybe another tax cut will help

 

[bkrownd]

...sure would be nice to buy gas for less than $2 a gallon

What is this "gas" of which you speak? It's priced per gallon? Is it like soymilk, then? I'd love to find soymilk for only $2 a gallon. Maybe I'll switch! hahahhahahahahhahha

 

[Pilgrim]

How many days in a row has the Nikkei been down? Anyone know what is doing it?

 

[nnuut]

Gloom and Doom, my dear Watson!
As Investors Never Learn, Market Doom Approaches
Tuesday, February 21, 2006
Paul B. Farrell

http://www.foxnews.com/story/0,2933,185543,00.html

 

[Pilgrim]

Gloom and Doom, my dear Watson!
As Investors Never Learn, Market Doom Approaches
Tuesday, February 21, 2006
Paul B. Farrell

http://www.foxnews.com/story/0,2933,185543,00.html

I read this guy all the time, and he is worth reading. But understand that he is the most radical of the "chicken littles". While almost everyone understands that markets are cyclic and that good times alternate with bad, this guy could see doom and gloom in the Second Coming itself.

 

[nnuut]

Agree, we have a couple of these on this Board.
Whilshire 4500 up over 1.2%. WOW might be a long way down if the FOMC minutes are disagreeable! Which they will be.:nuts: (I think)

 

[Birchtree]

This is a call out to Wonder Woman - please come back. We desperately need your access to concise data to help us all utilize information to make investing decisions. I spend a great deal of time on the hunt and you'd surely make my time more productive. Give it a try and see if you are appreciated. Thanks. Always,

Dennis

 

[Rod]

I read this guy all the time, and he is worth reading. But understand that he is the most radical of the "chicken littles". While almost everyone understands that markets are cyclic and that good times alternate with bad, this guy could see doom and gloom in the Second Coming itself.

Once again... I direct EVERYONE'S attention to my signature.

 

[sugarandspice]

Will this turn the market negative for today? I'm thinking it will.

AP
Fed Explored Half-Point Increase in May
Wednesday May 31, 2:12 pm ET
By Jeannine Aversa, AP Economics Writer
Fed Policymakers Explored Range of Options at May 10 Meeting, Including Half-Point Increase

 

[Fivetears]

Got an active link S&S?

Will this turn the market negative for today? I'm thinking it will.

AP
Fed Explored Half-Point Increase in May
Wednesday May 31, 2:12 pm ET
By Jeannine Aversa, AP Economics Writer
Fed Policymakers Explored Range of Options at May 10 Meeting, Including Half-Point Increase

 

[FundSurfer]

http://news.yahoo.com/s/ap/20060531/ap_on_bi_ge/fed_minutes;_ylt=Am.NRUQ1_MrenSeljVLC0e2s0NUE;_ylu=X3oDMTA2Z2szazkxBHNlYwN0bQ--

Doesn't look like the US markets dropped like I would have expected. The foriegn markets are dropping probably because of fear this means higher likelyhood of rate hike next fed meeting -- thus stronger dollar -- thus impacted foriegn stock and I-fund.

 

[Rod]

The (S) will be the BIG winner today.

 

[sugarandspice]

You are wrong Sugar! Wrong! It certainly is refreshing to know that YOU can not predict what markets will do. If that day ever comes we will all be in trouble. Big trouble.

 

[Spaf]

Daily Yak

The Kingdom of TSP
Daily Edition
May 31, 2006 Closing​

Yak, Doodles, Tea Leaves & The Tin Box

Kingdom Yak:
Market Yak..............................Socks up! However worries and woes fester vesters.
Other Yak................................Lube falls then spurts over 71.
Jester Yak...............................The Cartel Creature vs The Bull.

Doodles:
Socks [$SPX] Closed at..............1270.09, up +10.25
Volume (CMF) (money flow).........-0.009, flat.
Averages (MACD) (trend)............-10.380, flat.
Momentum (S-STO) (signal).........30.99, flat.
Strength (RSI) Overbought/sold....[70] 42.94 [30]

Lube (NYM) Closed at..................71.29, dn -0.74
Oil Markers................................<70= ok, 70-75= worry, >75= panic.

Tea Leaves:
Charts & Stuff............................Yellow

Tin Box:
Position.....................................100% socks
Stops [$SPX]..............................Alert: 1271 [broken]. Trail: 1258.