Whipsaw's Account Talk

[DreamboatAnnie]

Hi Whipsaw, I'm looking at Stochastic to see when signal, K line, drops below 80 as tgats when it loses embedded reading per Ira. Not seeing that today, but Im still thinking about pocketing a lil gain. I think your point about big drop with down crossover is very valid! Best wishes to you!

 

[Whipsaw]

Here's one explanation, with 4 reasons!
Varney: 4 reasons the stock market is at or near all-time highs

https://www.foxbusiness.com/markets/varney-4-reasons-stock-market-all-time-highs

 

[Whipsaw]

Futures are up! Maybe yesterdays hiccup is all we'll see, for now anyway. Will we see a double top and then downside? I don't think so considering all of the work the fed is doing re. interest rates, buying debt, etc. We shall see.

 

[rangerray]

It would be nice to see the strength hold all the way into the close today.

 

[Whipsaw]

Futures are UP!

 

[Whipsaw]

Quite a bit of negative commentary on MW regarding the markets rise, bearish sentiments, comeuppance, idiot's tales... is this for real? Warnings, or scare tactics?

 

[Whipsaw]

We're climbing out of the low open...

 

[Whipsaw]

Man, S-Fund is the laggard! :suspicious: Will have to consider a rebalance come the 1st of September. Small-Caps are supposed to be stronger in Aug-Sep, but then everything is out of whack right now anyway.

 

[ravensfan]

Can't remember who posted it (maybe nasa1974) but seasonality is with the F fund for the rest of August...

Of course the bond chart looks kinda scary at this point, so what do I know?

 

[Whipsaw]

Futures ARE up!

 

[flalaw97]

And you don't even have to wait until the afternoon for the fade...

 

[Whipsaw]

Finishing in the green! Annoyed at S lagging the C went looking for seasonality info, found this site: Seasonality | Equity Clock

If I'm reading it right, we shouldn't be in the S&P or the Russell, but the F-fund?!

 

[ravensfan]

Thanks Whipsaw. I'm going to put that in my investment toolbox. Although not a primary indicator for me, the information is still useful.

 

[Whipsaw]

No comment! :suspicious:

 

[Whipsaw]

S-fund bottoming tail yesterday, hammer today...

 

[Whipsaw]

~yawn ~ :yawn:

 

[Whipsaw]

Contemplating an exit, obviously not today... Last time I missed gains. Watching closely... work is not supporting that at the moment. :cheesy:

 

[ravensfan]

Did someone say "hammer" time...

 

[Whipsaw]

:blink:

 

[Whipsaw]

Futures are UP! I'm now in the negative teens on the AT, hoping to get back to zero by New Years! Watching carefully if there is a pull back in the works... preserved my IFTs into this month so I can bail and re-enter if need be.