tsptalk's Market Talk

[tsptalk]

I know nothing about investing so I am just trying to understand how certain events affect the market. For instance, I understand how some people bail out of the market due to the fear factor caused by the events in Japan. Naturally, markets will go down, even if just temporarily.
On the other hand, wouldn't there be an increase in the amount of reconstruction spending? Wouldn't this cause the markets to rebound? So my question is, how does this increase in spending affect the markets and which of the funds would see the most positive gains?

That's fundemental analysis - not my thing.

I will look at the charts to see which funds react best. Right now, not much positive reactive.

 

[jpcavin]

WHEN you find that out, let me know. :cheesy:

Are you telling me I'm following the blind? :worried::laugh::laugh:

 

[bkdaaa]

deleted by user

 

[tsptalk]

Raised 10% more G-fund this morning. Total 20% G, 80% Stocks.

 

[tsptalk]

Raised 5% more G-fund this morning. Total 25% G, 75% Stocks.

I would have went another 10% G but the Transports are leading the way on a possible breakout for the S&P 500. This looks a lot less bearish than what we were seeing a few days ago...

 

[JTH]

Thanks Tom, I like your better than mine...
View attachment 10785

 

[tsptalk]

Thanks Tom, I like your better than mine...

Looks like it needs a little more follow-through. At least the resistance is moving upward.

 

[tsptalk]

Positive early sign as the S&P 500 moves above the 20-day EMA, but still has a test overhead...

 

[Dutchy]

Positive early sign as the S&P 500 moves above the 20-day EMA, but still has a test overhead...

Thanks Tom..... Resistance at 1310 level will be a true test also, or will some black swan news send us back lower?? :suspicious:

 

[tsptalk]

The Nasdaq is also acting well - jumping above the 20 and 50-day EMAs. It had been lagging but is back in the game, although testing the new resistance line...

(Hey! I just noticed that this is post 10,000 for me )

 

[Gumby]

The Nasdaq is also acting well - jumping above the 20 and 50-day EMAs. It had been lagging but is back in the game, although testing the new resistance line...

(Hey! I just noticed that this is post 10,000 for me )

Congrats on the milestone post Tom..... and thanks for your commentary.

 

[FAB1]

The Nasdaq is also acting well - jumping above the 20 and 50-day EMAs. It had been lagging but is back in the game, although testing the new resistance line...



(Hey! I just noticed that this is post 10,000 for me )

:nuts: Congrats Tom, on 10,000!

 

[tsptalk]

I might as well bring in the other leader...

The Transports are still digesting their recent triangle breakout, but are staying above the old resistance, which should act as support now. We're looking for the S&P to follow this leader and breakout the descending resistance.

 

[Bquat]

Hurray Tom

 

[Birchtree]

Yes, it's good to have him on the bullish side. Hope it lasts for several years going forward.

 

[tsptalk]

Yes, it's good to have him on the bullish side.

I figured that would be a sell signal.

I am just saying what I see. I'd actually prefer about a week or two more of sideways to down action so I can use my current 50% G allocation to buy low if this market really wants to continue to go up in the intermediate-term.

 

[hotwings]

Tom,

Me too... I'm out of IFTs and need to get another 25% in the equity funds.

 

[tsptalk]

A mid-day spike in the dollar is hurting the F-fund and the I-fund related indexes, and to a lesser degree the C and S funds.

 

[Birchtree]

I'm holding out hope for a return of some of the positive fair value that is owed from the last few days. Might not be that bad if that remains the case.

 

[Gumby]

A 0.75% move in the DXY is huge. Whatever happened to the days when 0.1% was a big move?

A mid-day spike in the dollar is hurting the F-fund and the I-fund related indexes, and to a lesser degree the C and S funds.