tsptalk's Market Talk

[tsptalk]

If correct this would make for a very volatile Market his year... Financial stability concerns emerge from shadows at Fed - Capitol Report - MarketWatch

It's interesting that the Fed is concerned about the P/E ratio of small cap stocks. I'm a little surprised that is something they'd be discussing.

 

[Dutchy]

If SPX breaks below 1826 next stop would be 1811..

Algo's fueling this selloff ??

If good news is now bad news for Market, a positive jobs number would be bearish..

 

[jkenjohnson]

The Case Schiller PE chart scares me more than anything. Everytime it approaches 25, we get a significant drop. We are at 26.9 right now. I tried to post a chart but is was too big.

 

[tsptalk]

The Case Schiller PE chart scares me more than anything. Everytime it approaches 25, we get a significant drop. We are at 26.9 right now. I tried to post a chart but is was too big.

http://www.multpl.com/shiller-pe/

http://greenbackd.com/2013/04/03/how-accurate-is-the-shiller-pe-as-a-forecasting-tool/

 

[jkenjohnson]

That's the one I tried to post.

 

[wavecoder]

transports are showing strength today despite a down day so far overall. The market seems to be fighting though, I think this year will be interesting

 

[Chulke]

An interesting read, kinda reminds me of 2013:

1 Wealth-Building Tip Andrew Carnegie Never Uttered (^GSPC)


Cheers!

 

[jonfresno]

An interesting read, kinda reminds me of 2013:

1 Wealth-Building Tip Andrew Carnegie Never Uttered (^GSPC)


Cheers!

After reading the article, I'd say the author is really Birchtree. Just need those sticky pants...

 

[wavecoder]

Biotech, pharmaceuticals, and healthcare sectors are all kicking ass it seems. Obamacare have anything to do with that?

 

[Weather]

Whenever the government sticks its nose into something, the market sector soars. See Fed bond buying ($$ printing) program.

 

[tsptalk]

Biotech, pharmaceuticals, and healthcare sectors are all kicking ass it seems. Obamacare have anything to do with that?

Have you been watching ICPT?

 

[wavecoder]

Have you been watching ICPT?

no just watching the charts and buying whatever looks like it's performing, i stopped trying to make sense of it all and just buy based off indicators, not news

 

[tsptalk]

ICPT - crazy action last week. Looked like bitcoin.

 

[wavecoder]

ICPT - crazy action last week. Looked like bitcoin.

nice, ill look that one up. i usually just trade sector etf's, but i always like a crazy looking chart

edit: holy crap, 575% in two days haha. That's a crazy gain even over the course a year, damn!

 

[law87]

nice, ill look that one up. i usually just trade sector etf's, but i always like a crazy looking chart

edit: holy crap, 575% in two days haha. That's a crazy gain even over the course a year, damn!

lol anyone wanna gamble and short this thing pre-market?

this cant be a legit company...

 

[law87]

Peak Speculation And The Ides Of January 14th | Zero Hedge

 

[wavecoder]

past performance is no guarantee of future results

 

[jkenjohnson]

Let's just hope nothing like that happens today or anytime!

 

[99percent]

Monday selloff is a warning sign - Lawrence G. McMillan - MarketWatch

 

[wavecoder]

Biotech is where it's at right now