Handballer
Market Veteran
- Reaction score
- 12
No need to sorry. Be happy.
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Yes. The confirmation of Yellen is a good reason why the stocks are up today. Fairly certain of this.Futures are up this morning, possibly on the confirmation of the new Fed Chair. S&P500 Approaching the center of the larger upward channel in Tom's Market Commentary. Holding position, though this might be an opportunity to increase exposure, would like to see the market make a decision on continued bullishness or change of character.
I've noticed that also. Big groupings. I'm at 718 and less than 1.5% less than the leader. It takes a few weeks for things to spread out and more may be following last years top group more.The melt up has turned into much sideways action, this does take us into the lower side of an ascending channel... :suspicious: Still looking to expand my position, this may provide the opportunity. No decision today, maybe monday.
First year in the tracker, there are interesting dynamics in groupings and movements in the first few weeks before accumulated history dampens the action.![]()
Futures are down... I'm on board with JTH's 1808 target, looking for that new entry point! :worried:
Hunkered down for the snow storm tonight; wet snow followed by deep freezing temperatures makes for the skating rink effect on the way to work tomorrow (delay reporting 'till 1000). Holding on the lillypad with a toe in the F fund. :cheesy: