The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
At least DWCPF finished in the green... ever so slightly.![]()
Today’s finish like sitting in the G fund (but with a buncha risk). :blink:
We'll see what type of headlines this long weekend brings.
God Bless![]()
https://www.cnbc.com/2020/05/25/stock-market-futures-open-to-close-news.html
As long as the market is happy, I'm happy, but in reality a vaccine is not at all a realistic short term goal...
https://www.medscape.com/viewarticle/930986?src=soc_fb_200524_mscpedt_news_mdscp_vaccine&faf=1
Sent from my Pixel 2 XL using Tapatalk
This seems to be an "orally-fixated", headlines-driven market. Instead of being driven by fundamentals/technicals, Mr. Market is driven (either negatively or positively) by whoever is on the market pedestal at the time (CNBC interviews, for example), or to "breaking news" headlines. Moreso nowadays than in the past.
Lately, most of these have come out of nowhere. I am becoming convinced that unless I am fully exposed to the market at all times, I will have a more difficult time catching those market pedestal/headline-driven rallies. Of course, market pedestal/headline-driven sell-offs will indeed occur from time to time.
As long as the rallies outweigh the sell-offs, then I can remain ahead of the game. Because vaccine news seems to be breaking more and more, I just might have to play things from this angle and remain 100 (S) through thick and thin until I have a good reason to exit.
So far, my strategy is working.
Overall, the (S) Fund has been good to me this week! It did take me down to -2.93%. But then I finished yesterday down -0.59%. With the DWCPF finishing today up 0.64%, I should now be in positive territory... ever so slightly. Thank You, LORD!
I fully expect to sink back into negative territory before I can finally keep my head above water.
We'll see what type of headlines this long weekend brings.
God Bless![]()
My strategy continues to pay off. I have gained 6.55% since 19 May. I am now @ 4.65% YTD. The (S) Fund has been on a tear. But, I realize it won't last forever. Therefore, it might be time to ring the register. At the same time, I can't ignore the fact that today is the second day in a row that the DWCPF closed above its 200-Day EMA. I'll have to see what tomorrow morning brings before our IFT deadline.
God Bless :smile:
Been thinking the same thing. I only went in 25% S Fund, but still have gained 1.96% on this trade. I am still negative for the year and still have a long way to go to get back to positive territory, but I'm chipping away at it. If DWCPF is up tomorrow I'm heading for the lily pad.
My strategy continues to pay off. I have gained 6.55% since 19 May. I am now @ 4.65% YTD. The (S) Fund has been on a tear. But, I realize it won't last forever. Therefore, it might be time to ring the register. At the same time, I can't ignore the fact that today is the second day in a row that the DWCPF closed above its 200-Day EMA. I'll have to see what tomorrow morning brings before our IFT deadline.
God Bless :smile:
Posted yesterday:
IMHO, some consolidating will soon take place. Therefore, it's time to lock in my gains since 19 May. As of yesterday, those gains are 6.55%, leaving me 4.65% YTD. Thank You, LORD! :smile: LORD willing, it remains within that "ballpark" by COB.
Effective COB: 100 (G)
God Bless :smile:
IMHO, some consolidating will soon take place. Therefore, it's time to lock in my gains since 19 May. As of yesterday, those gains are 6.55%, leaving me 4.65% YTD. Thank You, LORD! :smile: LORD willing, it remains within that "ballpark" by COB.
Effective COB: 100 (G)
God Bless :smile:
Great job Rod. I ended up with a gain of 1.60% for my 25% in the S Fund for the same period. I am still down 12.56% year to date, but happy I was able to chip away at it. I'm sure you've heard the old saying about how to eat an elephant...one bite at a time.
Anyway, congratulations!!!![]()
Congratulations Rod! Great gains...awesome! :smile: