tsptalk's Market Talk

[slayer72]

 

[James48843]

Scratching my head. I don’t think the markets are thinking about tariffs in April. Those are going to be real, and painful, and stocks will have to recognize that.

 

[nasa1974]

Pull up the sticky pants could be an interesting day VIX down 2% and a flat opening for the "C", "S" & "F" funds. The "I" fund seems unaffected up 0.70%.

 

[tsptalk]

We're seeing some decent follow through action for a market that was chopping back and forth last week and couldn't hold a gain. The draw of Monday's gap open should be there, but the FOMO underinvested tend to buy the dips and keep them shallow if they think they've missed the boat.

Don't forget the rebound was due, but the rally could run out of steam and start a new leg again at any time (later today, next month, etc.) . We saw plenty of large rallies during the 2022 bear while the market trended lower.

We may have put in a low, maybe not, but now it's a matter of watching how the indices handle various level of overhead resistance, and how the market handles bad news. Does it collapse or hold steady, etc.?