tsptalk's Market Talk

[nasa1974]

Nice finish for the CSI holders. All my stock turned red except for Starbucks and Apple. Thanks Dow.

 

[tsptalk]

Stocks opened higher again, and like yesterday, the initial high in was sold, but unlike yesterday, the indices are pushing right back to those highs as I write this. Yesterday the highs of the day were made in the first half hour of trading.

Small caps are lagging with a small loss as they retrace some of the downside of Wednesday's wide trading range.

Yields and the dollar are down in early trading, giving a modest breeze to the back of the stock market.

Gold is up big again, oil is up on word that India may stop buying Russian oil, and bitcoin is down slightly.

 

[TommyIV]

Stocks opened higher again, and like yesterday, the initial high in was sold, but unlike yesterday, the indices are pushing right back to those highs as I write this. Yesterday the highs of the day were made in the first half hour of trading.

Looks like this comment came around the high of the day. Now at 12:23 PM ET the S&P 500 is trading in negative territory.

 

[tsptalk]

Another swat down at 2530 on DWCPF (S-fund), but still in the ascending channel.

Yields falling should be helping small caps, but they're not... yet?



Below 4% for first time since early April.

 

[tsptalk]

Stocks opened higher this morning, opening a gap on many charts. It could be another volatile week, so says the calendar, so we could see an attempt to fill that gap.

Yields are down slightly and the 10-year Treasury is below 4% again. The dollar is up, but the I-fund is doing well regardless.

I don't know if it's my computer or if the stockcharts website is having trouble because I can't pull up my normal charts this morning.

Gold and bitcoin are up, oil is down, and the VIX is back below 20.

 

[tsptalk]

Stocks opened on the sluggish side with small caps and the I-fund lagging, but we've seen some buying since the opening bell.

The 10-year yield is making new lows again this morning, printing 3.95% as the low so far, so that downward trend continues. Good for consumers as interest rates fall, but there's a reason it is falling so low - economic concerns?




The dollar, on the other hand, is rallying again. This should put pressure on prices (did you see gold today?), including the I-fund , which had been almost ignoring the recent strength in the dollar.



Today it is paying a bit of a price as the I-fund lags the US funds this morning.

Gold is down sharply, bitcoin and oil are also trading lower. The dollar is having an impact on commodities.