tsptalk's Market Talk

[Scout333]

Oh TSP Gurus and Soothsayers, Any ideas why we are seeing these huge reversals after 11:00 Central (IFT cutoff )?

 

[tsptalk]

Not sure. Europe closing at 10:30 Central?

 

[tsptalk]

What are all of these red numbers I'm seeing today? I'm not familiar with them.

I guess it's still early.

 

[HotRod]

Any idea why it all went to crap at about 11:00? None of the economic reports out today appear to cause this kind of drop.

 

[tsptalk]

I'm sure they blame it one some, but I didn't hear anything specific. I think it's about time that buyers took a step back and let things settle a little.

 

[Frixxxx]

Any idea why it all went to crap at about 11:00? None of the economic reports out today appear to cause this kind of drop.

Somebody got George's/Ben's (Fed) report early!

LINK

 

[tsptalk]

The transports filled its gap this morning. It has been lagging badly this month and if that and the 50-day EMA acts as resistance, it could be the tell for the rest of the market. The only positive I see is that tendency for post-options week to reverse the trend.

 

[tsptalk]

Nice day for the market leading Transports. The bear flag is making an attempt to break to the upside - which is not easy. If this bear flag is going to breakdown like they normally, we shouldn't see any more upside today so we'll see where it closes.

 

[PICK68]

Re: TSP Millionaires

The market may go down hardly on Monday or Tuesday to finish correction. S fund has 5% to down..

 

[Dutchy]

Re: TSP Millionaires

Market Outlook - Conflicting Signals [SPDR S&P 500 ETF Trust, PowerShares QQQ Trust, Series 1 (ETF), SPDR Dow Jones Industrial Average ETF, iShares Russell 2000 Index (ETF)] - Seeking Alpha Market outlook is conflicted this week..

 

[Scout333]

Re: TSP Millionaires

"Market outlook is conflicted this week.. " As is normally the case

 

[jkenjohnson]

I don't like this sell off at the end of the day.

 

[Chulke]

Did some news come out that we missed?


Cheers!

 

[sstasel]

I don't like this sell off at the end of the day.

Dow, S&P & Nasdaq just recently turned negative. I keep looking online to see what happened or who recently spoke!

 

[SkyPilot]

Sec. of State Kerry just declared WMD in Syria... could that be the problem here?

 

[Chulke]

Yeah,...that's a sharp down spike after having been hovering around a .5% increase all day...


Something brewing?

 

[tsptalk]

Sec. of State Kerry just declared WMD in Syria... could that be the problem here?

You'd think that oil would be spiking, but I think I agree with what I heard Bob Pisani say - light volume trading days can get pushed around easily, and it seems logical that stocks would dip on Kerry's speech. The drop actually came quite a bit after the speech, but someone said Russia had a headline about U.S. military strikes in Syria.

 

[Chulke]

Hmmmmmm???

 

[Dutchy]

Market close, the war threat rotation ? Market Close: The War Rotation | Zero Hedge

 

[sstasel]

Market close, the war threat rotation ? Market Close: The War Rotation | Zero Hedge

Thanks Dutchy! Best explanation I've seen thus far.