tsptalk's Market Talk

[tsptalk]

A couple of early observations...

Lower low for the dollar this morning.

The Transports dip below first level of support...

The VIX is testing that 200-day EMA for a 4th day.

 

[tsptalk]

Interesting... Stocks, treasury bonds, and the dollar are all running up this afternoon.

And, look at the high yield corp. bonds...

 

[rangerray]

The link to today's commentary (Tuesday) seems to take us to yesterdays commentary (Monday).

 

[tsptalk]

Thanks. Forgot to upload last night. It's there now.

 

[tsptalk]

Eqaul Weight S&P 500 finally pops over June highs ...

 

[tsptalk]

 

[DreamboatAnnie]

oh yeah! Its scary...and yet, I keep thinking its aiming for 30K! :smile:
I am very good at timing these things... it will Pop as soon as I enter!

 

[Bullitt]

Bloomberg just mentioned that 40% of yesterdays decline was the FAANGM stocks. The equal weight S&P 500 was down only 2.5% while S&P 500 was down 3.5%.

 

[tsptalk]

... the opposite of what we've been seeing leading up to yesterday.

 

[tsptalk]

50-day EMAs in play already...

 

[tsptalk]

 

[tsptalk]

Today's leaders. The bulls won't want these closing below the 20-day EMA for a 3rd straight day.

 

[flalaw97]

Flirting with dipping back below the 50 day EMA

 

[tsptalk]

Flirting with dipping back below the 50 day EMA

A test and hold is good, but a test so quickly probably means more volatility to come.

 

[tsptalk]

The dollar is down, helping prices move up in most sectors today. It may be trying to hold at the old resistance line, so that may be a tell for the next few days - a dollar reversal bounce off that line, or a breakdown.

 

[tsptalk]

How important is 3400? ....

 

[nnuut]

Very!:suspicious:

 

[tsptalk]

Holy S-Fund, Batman!

 

[cmil1212]

I’d take 3% and sell. Lol. But silly me stayed home in G.


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[tsptalk]

The C, S, and I funds in various states of consolidation / breakout this morning...