tsptalk's Market Talk

Wait a minute! How can the market go up if the Fed isn't artificially supporting it anymore?

(Questions we didn't have to ask 15 years ago. :) )
 
Wait a minute! How can the market go up if the Fed isn't artificially supporting it anymore?

(Questions we didn't have to ask 15 years ago. :) )

Fed thinking of the possibility of yanking QE is a good sign that the economy is recovering I'd think. Or am I wrong here?
 
Fed thinking of the possibility of yanking QE is a good sign that the economy is recovering I'd think. Or am I wrong here?
Good point. But it's like trying to tell a 25 year 'child' that they'd be better off in the long run if you don't keep giving them money to bail them out of financial problems. They'll throw a fit in the short-term, but benefit down the road. :)
 
In the 1990s equity markets in the US rallied as the US dollar rallied as well. JTH is correct in his assumption of a realignment. The main idea is do not let currency movements trick you into thinking that a strong dollar is bearish for equities. Valuations are setting the market up for a strong 3 to 5 years.
 
Agree. Find the trends / divergences, but when it's over, it's over. The dollar and the U.S. market don't always move counter to each other, but the divergence has been pretty strong for a few years. The international markets are however, much more influenced by the dollar.
 
VIX currently at 13.66 -0.90 - put on your sticky pants. If your don't own a pair I'm sure Nnuut will lend you a pair of his. The coming consolidation may not happen until March.
 
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That's a mean looking row of numbers. I wonder if Intrepid Timer used that to push some of his people into the G fund today. No fear here though.
 
Can't say it enough, but thanx Tom and all for your posts & insights. With no day-trader accounts, I'm just working from a pure TSP perspective... With that and only one more good trade left in January: I'm "feeling" like there'll be some Chop with general upwards action for a few days or a couple weeks, through Earnings Reports season & with the NewYear Partial Cliff-avoidance deal hangover -- then chop with general drop as the battles heat up and choke up (Congress's lack of ability to work out good compromises for longer term budget growth, stability and national best interest) threaten to grind all to a "stop". Then if the new Congress works out reasonable deals in time, big boom bull market. But, who knows?
 
Yup, new lows for Apple with not a lot of support below, but sentiment is so bad right now, a snap back rally is possible (open gaps above to fill).

Go small caps, by the way. The Russell is up 0.5% on this negative day.
 
the bulls are still showing some fight in them, but I'm not sure how much higher the market can go without the nasdaq's cooperation, that chart is starting to look bearish
 
More flat action as the 'brick wall' flat top on the S&P held again. Not bad action though - working off the overbought conditions without pulling back.

Nice little bounce for Apple, closing up 20 to 506. Still an open gap near 520.
 
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