tsptalk's Market Talk

[nnuut]

WOW!!

 

[tsptalk]

Small caps are lagging so far this morning - the exact opposite of what I said in today's commentary. :smashfreakB:

https://www.tsptalk.com/mb/blogs/tsptalk/4504-bulls-show-life-but-not-much.html

https://www.tsptalk.com/comments.php

 

[tsptalk]

We're seeing a positive outside reversal day so far on the important High Yield Corporate Bond fund. The close will be key but if it holds, this is a good sign for stocks.

 

[tsptalk]

We got a pullback in the Nasdaq today - could be prep for the typical "sell the news" reaction to the new iphone release later, because Apple seems to be the culprit. Maybe that means it rallies after the release this year pulling the old double reverse?

Anyway, there's an obvious bear flag forming ... or is it a repeat of the June low?

 

[nasa1974]

I hope neither.

 

[tsptalk]

The 10-year yield touch 3% again this morning. Seems to be a repellent area.

 

[tsptalk]

3.03%

 

[tsptalk]

Looks like a sell the rumor buy the news deal on the tariffs, huh?

 

[RealMoneyIssues]

Looks like a sell the rumor buy the news deal on the tariffs, huh?

I don't know, but I'll take it...

 

[tsptalk]

Possible breakdown here from a bull flag, but trend is still up.

 

[tsptalk]

Early action - gap up to new high for S&P...

 

[tsptalk]

Dollar drops below H&S...

I fund ripping up to 200-day EMA...

 

[tsptalk]

The dollar is popping back this morning but the old neckline of the H&S is stopping it so far...

 

[tsptalk]

Channel and rising wedge breakdown this morning for the Transports...

 

[RealMoneyIssues]

Dang oil... :banghead:

:AR15firing: . . . . :soapbox:

 

[tsptalk]

The EAFE (I-fund) has recaptured the 200-day EMA this morning.

 

[tsptalk]

The S-fund filled a small gap, from yesterday, this morning.

 

[tsptalk]

The dollar is testing the neckline of the H&S pattern again - also the 50-EMA.

 

[tsptalk]

The S-fund is lagging again, but that old resistance line continues to hold firmly as support...

 

[tsptalk]