tsptalk's Market Talk

[tsptalk]

Exactly. It's why I avoid it, even though it looks good at times.

 

[FAAM]

Don't know - though I'll speculate (I've not read news about it since late yesterday) that the overall EU-votes yesterday edging or moving significantly towards the center-right & to the right-ies, that that has so far helped cause Europe's markets to slide (and the Dollar gain). That was a significant shift that portends overall rougher going for Ukraine and more caving to Autocrats & Dictators, global destabilization, etc. If that doesn't rattle some impacted markets, I don't know what will.

 

[tsptalk]

Yup, it took me a minute, but I realized it must have been the elections. Dawned on me while writing Wednesday's commentary. Thanks!

 

[weatherweenie]

I read an article about the human tendency of wanting to be ruled/controlled. It puts the responsibility on the ruler instead of the individual. Kind of ironic as those supporting the authoritarian claim to be fighting for individual free. They are lying to themselves.

Don't know - though I'll speculate (I've not read news about it since late yesterday) that the overall EU-votes yesterday edging or moving significantly towards the center-right & to the right-ies, that that has so far helped cause Europe's markets to slide (and the Dollar gain). That was a significant shift that portends overall rougher going for Ukraine and more caving to Autocrats & Dictators, global destabilization, etc. If that doesn't rattle some impacted markets, I don't know what will.

 

[tsptalk]

 

[tsptalk]

 

[tsptalk]

Interest rate probabilities for September meeting.

 

[tsptalk]

:scratchchin:

 

[FAAM]

I read an article about the human tendency of wanting to be ruled/controlled. It puts the responsibility on the ruler instead of the individual. Kind of ironic as those supporting the authoritarian claim to be fighting for individual free. They are lying to themselves.

Yes... I just cannot comprehend or understand that. The Ruskies, Hungarians, Turks, even the Indians have caved to authoritarians it seems when they gave up real opportunities for real democracy/freedoms... as did Germany in early 1930s & Italy before that. Maybe all the citizens didn't actively jump on authoritarian bandwagons, but rather the needed rising up of the bulk of the free to fight off the authoritarians didn't happen. Well, I never would have thought, certainly after 1865, that my country (despite faults & missteps) could fall/slide into that dark pit even as far as it has so far... cannot fathom it & pray that this cancer of authoritarian leaning, or worship, or numbheadedness subsides or gets swept away before too late.

 

[tsptalk]

:laugh:

 

[tsptalk]

The stock futures shot up after the release of the PPI report, which came in very cool and lower than expected, sending yields lower, but after the opening bell the stock market started to retrace some of yesterday's gains, and in the case of the small caps, already filled its open gap.

The I-fund is getting pounded because of a big rally in the dollar.

All in all, a little backing and filling is typical, but there's not a lot of dip buying going on, but the action in the I-fund looks a little more serious, and the gap on the S-fund chart (DWCPF) really needs to hold near that 2000 area.

 

[tsptalk]

Interesting: CNBC's website appears to have just gone down (10 am ET)

Update: It's back up.

 

[tsptalk]

Stocks are falling this morning with small caps and the I-fund leading on the way down again. Yields are down sharply but the dollar gapped up to new highs for the year.

Consumer Sentiment came in weaker than expected, and while the S&P is having a good old fashion gap filling pullback, the action in the smaller, broader indices looks more serious.

Lots of red in the European markets. The safe havens, gold, silver, and bonds are all up. Bitcoin is flat.

 

[felinecrl]

Yes... I just cannot comprehend or understand that. The Ruskies, Hungarians, Turks, even the Indians have caved to authoritarians it seems when they gave up real opportunities for real democracy/freedoms... as did Germany in early 1930s & Italy before that. Maybe all the citizens didn't actively jump on authoritarian bandwagons, but rather the needed rising up of the bulk of the free to fight off the authoritarians didn't happen. Well, I never would have thought, certainly after 1865, that my country (despite faults & missteps) could fall/slide into that dark pit even as far as it has so far... cannot fathom it & pray that this cancer of authoritarian leaning, or worship, or numbheadedness subsides or gets swept away before too late.

I couldn't have said it better. I agree and am dumbfounded also. I pray for the sanity of this country and it's citizens, and that they can be zapped from this satanic fog that is plaguing them. May God Bless America!

 

[tsptalk]

Yup. We get it. 50% of the country can't comprehend the other 50%.

I appreciate the civility in the discussion so far, but history of the forum suggests it will not (not "might not") stay that way so... how 'bout that stock market?

:hijacked:

 

[tsptalk]

Happy Father's Day!

 

[tsptalk]

Higher yields putting some pressure on stocks to start the day. The S&P 500 is churning above the open gap that is probably itching to get filled.

 

[tsptalk]

Weaker than expected retail sales pushed yields down. Stocks are mixed with small caps lagging again, while the C and I-funds hold onto modest gains. There's a lot of green on the Asian and Europeans markets.

So far it's been pretty slow during this mid-week pre-holiday day of trading. Oil, gold, and silver are up this morning. Bitcoin is down.

 

[JTH]

Interesting to see some Tech taking gains today, while some of the smaller fellows are making gains.

 

[tsptalk]

Sorry I am so quiet this morning. I've been installing some new hardware / devices on my PC and had some issues, while trying to get out alerts for the TSP Talk Plus subscribers.

It looks like the S&P 500 hit the 5500 and said, that is enough for now. So far investors aren't rotating into small caps on this large cap weakness, but this could just be a knee-jerk reaction.

It's a big expiration week and the next two days could get weird.