rangerray's Account Talk

Hi, Futures still don't look that good on this site but I noticed you posted it a few days ago and wanted to say thank you. It's a good resource site and better that MarketWatch I believe.
Anyway, I do appreciate the site suggestion and I'm glad that we have guys like you on board. I don't think anyone will be taking your Armalite Rifle 14 from you! :smile:
 
At the time of you writing this, futures were up over 2.5%. If that wasn't the number you saw at the time, be sure you are following this:

https://www.investing.com/indices/indices-futures

No, I saw those numbers, but I wasn’t very clear. What I was trying to say was that even though futures were up at around 2.5%, I didn’t consider that a strong indicator for how the markets would trade the next day given the broad swings we’ve been witnessing. In other words, I chose not to trust the futures.

I don’t trust the numbers today either, regardless of what it looks like at the opening bell. I think it’s a crap shoot. Everything can change mid-day with a tweet or a news article.


Sent from my iPhone using TSP Talk Forums
 
I don't know what they did with the F Fund yesterday, but I'll take it. I managed to make it into G Fund and still remain at +.39 on the tracker.
 
Thursday thoughts:

The House democrats are going to louse up the vote on the $2 trillion spending bill today, but will eventually vote on and pass the bill after the markets close. The President will sign the monumental bill early on Friday morning and the market will surge for a day, with late session selling due to traders being reluctant to hold shares over the weekend.

So, is a quick in-and-out before the month of March is gone advisable for this Friday? For this week anyway, it seems to me that there is more room for optimism (opportunism) this Friday compared to next Monday or Tuesday. If the bill is signed by Friday, the president's naysayers will be inclined to sow seeds of doubt over the weekend and through the first of the week, so politics would likely influence the market more next week as opposed to this Friday, IMHO.
 
Thursday thoughts:

The House democrats are going to louse up the vote on the $2 trillion spending bill today, but will eventually vote on and pass the bill after the markets close. The President will sign the monumental bill early on Friday morning and the market will surge for a day, with late session selling due to traders being reluctant to hold shares over the weekend.

So, is a quick in-and-out before the month of March is gone advisable for this Friday? For this week anyway, it seems to me that there is more room for optimism (opportunism) this Friday compared to next Monday or Tuesday. If the bill is signed by Friday, the president's naysayers will be inclined to sow seeds of doubt over the weekend and through the first of the week, so politics would likely influence the market more next week as opposed to this Friday, IMHO.

House is not supposed to vote until tomorrow.
 
I was in the middle of a tech support call. I can't even remember the last time I made a change over the phone.
 
Back
Top