tsptalk's Market Talk

Oil futures are down to 30.60 right now - looks like we may see a 29 handle before the day is done.
The markets loves to mock... oil fell to 30.40 but quickly after I posted that but rebounded strongly and moved over $32 briefly this morning and currently trading near 31.80. No 29 handle today. (of course now that I've said that...) :)
 
The markets loves to mock... oil fell to 30.40 but quickly after I posted that but rebounded strongly and moved over $32 briefly this morning and currently trading near 31.80. No 29 handle today. (of course now that I've said that...) :)
Yup, mocking. 30.13 last price. Will $30 / $29 be a psychological low?
 
Not many are talking about it, but the Baltic Dry Index is at lows not seen in decades. Zerohedge has a story on it. It ain't pretty.
Interesting. That index was kind of dismissed after years of being ineffective as an indicator, but decade lows?
 
Interesting. That index was kind of dismissed after years of being ineffective as an indicator, but decade lows?

That's the thing about indicators. You first have to find what they're really good at indicating--or how to best use them. Maybe this one is best used as a binary indicator: Either "No Indication," or "All Hell is About to Break Loose." ;)

(More) Seriously, the RSI was being bashed on the internet as an ineffective indicator. A guy comes forward and explains how he uses the RSI in conjunction with another indicator.

It was brilliant. I don't remember what he said--but it was brilliant.
 
HOLIDAY CLOSING
Some financial markets will be closed on Monday, January 18th in observance of the Martin Luther King, Jr. holiday. The Thrift Savings Plan will also be closed. Transactions that would have been processed Monday night (January 18th) will be processed Tuesday night (January 19th), at Tuesday's closing share prices.
 
HOLIDAY CLOSING
Some financial markets will be closed on Monday, January 18th in observance of the Martin Luther King, Jr. holiday. The Thrift Savings Plan will also be closed. Transactions that would have been processed Monday night (January 18th) will be processed Tuesday night (January 19th), at Tuesday's closing share prices.

Got any statistics for the market following MLK Day?
 
Got any statistics for the market following MLK Day?

Afraid I don't have this sub-section of stats anymore, I lost them when my OS crashed, I'll have to rebuild them, but that takes some time because each holiday is unique.
 
Got any statistics for the market following MLK Day?

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