tsptalk's Market Talk

[tsptalk]

When will the 10% pullback hit? It’s overdue.

??

Odds of a government shutdown at the end of the month increased this week

Congress teeters toward shutdown with Democrats vowing to oppose stopgap

Odds of a government shutdown at the end of the month increased this week as Democrats vowed to oppose a stopgap spending measure to keep the government open.

nbc16.com

I keep bringing this up. I'm not sure how we can ignore it...

https://twitter.com/x/status/1967272382218883392

 

[Zapple]

Wow. What's this guy's track record? Small caps have certainly lagged the last several years, but have been doing relatively well this year. Thanks for sharing this info. Of course, it could simply be a short(er) term trade. We're now in a historically weak seasonality time of the year. I'm very cautious in my outlook. A 10 to 20 percent pullback (or even more) would not surprise me and would set up nicely for a year end rally. Who knows?

 

[tsptalk]

That TZA trade was started on Aug 21 so it's certainly underwater right now, but being a member of the House Financial Services Committee, I would sure be interested to know if he still holds it.