-
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!
tsptalk's Market Talk
- Thread starter tsptalk
- Start date
RealMoneyIssues
Well-known member
Oil prices down, market down, gas prices go no where... Yup, OPEC member States are our friends.
weatherweenie
Well-known member
Selling off a little, into the close.
Nice little rebound, but it was due. The slope of the downtrend likely won;t last too long, but that second one near 8000 could.
skycophigh
Member
so what does that mean Tom???Close to a negative reversal day.
High Yield Bonds opened higher (this is about 5 minutes into the trading day) and that could be key for the rally. If this reverses down before filling those gaps it could give the Fed a reason to NOT raise rates tomorrow, and that would likely spook the market - but who knows how investors will react anymore?
nnuut
Moderator | TSP Legend
At 14:00 ET
Recent History Of This Indicator
The first rate hike of the recovery is expected for the FOMC meeting announcement at 2:00 p.m. ET, lifting the fed funds rate to 0.375 percent from a range of zero to 0.25 percent. The assessments of the labor market and of inflation will be closely watched, with the former having improved but the latter remaining soft. FOMC forecasts will also be posted along with the announcement, shortly followed by the Fed Chair press conference.
FOMC Consensus Forecast for Dec. 15 Policy Vote on Fed Funds Target: to 0.375 percent from a range of zero to 0.25 percent
Economic Calendar - Bloomberg
jkenjohnson
Active member
I was just going to post the same observation. We are thinking alike. Either you are getting dumb or I'm getting smarter. :smile:
Market Outlook
Here's what happened last year during the last week of trading (yellow). Most of the damage was done in the final 2 days.
2014
2015 started out quite wild with big swings in both directions.
In 2011, a year that resembles 2015, the final week was fairly wild. It ended down but there was a big up day in there. In 2012, the year started very positively.
2011
Bottom line, today's action is not very meaningful yet - on a weekly basis. Also, there's a good chance 2016 could start out strongly, based on the S&P 500 chart (big bull flag), although the technicals on many of the other charts, and the fundamentals may not be telling the same story. Very interesting environment.
Here's what happened last year during the last week of trading (yellow). Most of the damage was done in the final 2 days.
2014
2015 started out quite wild with big swings in both directions.
In 2011, a year that resembles 2015, the final week was fairly wild. It ended down but there was a big up day in there. In 2012, the year started very positively.
2011
Bottom line, today's action is not very meaningful yet - on a weekly basis. Also, there's a good chance 2016 could start out strongly, based on the S&P 500 chart (big bull flag), although the technicals on many of the other charts, and the fundamentals may not be telling the same story. Very interesting environment.
Down the stretch they come with MacDaddy taking a big lead!
Similar threads
- Article