tsptalk's Market Talk

[CrabClaw]

I wish the Nasdaq and small caps would get out of their rut.

that makes two of us

 

[Viva_La_Migra]

Another company is leaving the People's Republic of California. So long Toyota. The 3,000 jobs you are moving to Texas will be missed. Up to 3,000 people losing those jobs will be on the unemployment lines soon. Progressive policies run amok.

http://finance.yahoo.com/news/toyota-moving-us-california-texas-182247217.html

 

[tsptalk]

Dow and S&P down modestly. Transports and Nasdaq up. Small caps down big.

It's tough to analyze this market.

 

[tsptalk]

12:12 AM ET:

The jobs report was mixed and we see in today's action as the bulls and bears battle near the beak-even mark on the Dow and S&P, but it's nice to see the Nasdaq, small caps, and Transports all in the green. It's always a good sign to see these market leaders, leading to the upside.

Very nice little breakout here , if it can hold into the close...

The small caps still need a little help here...

 

[Dutchy]

Forget about 1929 comparisons, how about this ??


The Last Two Times This Happened, The Stock Market Crashed | Zero Hedge

 

[Birchtree]

As a margin player myself, I don't believe much that comes out of zero hedge. Margin is a bullish indicator and has most likely not peaked yet and probably won't peak until sometime after 2016 - that means the party rolls on.

 

[tsptalk]

Forget about 1929 comparisons, how about this ??


The Last Two Times This Happened, The Stock Market Crashed | Zero Hedge

sentimentrader.com talked about that the other day, but if you would have sold at the 2000 numbers, you would have misses some big gains. It's obviously getting into nose bleed territory, but you never know how long it can go.

 

[userque]

...but if you would have sold at the 2000 numbers, you would have misses some big gains....

...not if you bought again at 2002 levels.

 

[tsptalk]

Dollar breaking down to levels not seen since 2011...

 

[Birchtree]

Goody, goody. Break that dollar. It will help with GDP and trade. We need the CRB to start gaining.

 

[tsptalk]

Solid gains today, but the indices are again flirting with resistance.

 

[tsptalk]

The I-fund may lag today, but the dollar just filled its open gap and that may mean the I-fund will outperform C and S Friday and into next week, assuming the downtrend continues...

 

[tsptalk]

As bad as the Nasdaq and Russell look, the Dow chart looks like a perfect cup and handle formation ready to breakout...

 

[tsptalk]

Bond yields just spiked up on auction (prices down)

 

[Dutchy]

Today's Market from ZeroHedge.com
Russell 2000 Enters 10% "Correction" Near 6-Month Lows | Zero Hedge

 

[Dutchy]

Market's very weak so far this morning.... SPX 1860 is 50 day EMA, if that breaks who knows how low it may sink...


The stock market is ripe to fall - MarketWatch

 

[tsptalk]

Another Friday where investors have to worry about the weekend and what Putin may be up to.

 

[99percent]

Bring it.

An Overdue Major Stock-Market Selloff Is Looming (SPY) | Seeking Alpha

 

[tsptalk]

Pennant can have fake outs before breakouts. Is this a breakout or fake out?

Or did we have the fake out on the downside already?

 

[OBXTrader]

If we didn't have yesterday's explosion up, today would have been a fairly dull day. A give back in the S Fund seemed natural given the momentum reversal yesterday.

What was remarkable was there was no S&P whipsaw after a new high two days in a row.