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Or you can now use TapaTalk again!Whipsaw's Account Talk
- Thread starter Whipsaw
- Start date
DreamboatAnnie
TSP Legend
- Reaction score
- 433
Humm... CaddyShack! Great movie... the part where Murray bites the BabyRuth is one of my favorite parts! Of course the Jaws music and kids leaping and then screaming to exit is great as well!!! :laugh:
DreamboatAnnie
TSP Legend
- Reaction score
- 433
I am just wondering what caused the before noon drop and now its going back up. Whaaaa hooppen?
weatherweenie
TSP Legend
- Reaction score
- 108
I'm not sure if this was the culprit, or not? '[h=1]Federal Reserve wants to start unwinding the $4.5 trillion in bonds on its balance sheet this year'[/h]
I am just wondering what caused the before noon drop and now its going back up. Whaaaa hooppen?
FogSailing
Market Veteran
- Reaction score
- 61
Some days I hate the Fed....make that most days....
My hope is the RUT is leading the fray and we gapped down today and will surge tomorrow. If SPX closes under 2356, tomorrow could see a nice pullback...hope that isn't the case at closing.
FS
Whipsaw
Market Veteran
- Reaction score
- 210
evilanne
Market Veteran
- Reaction score
- 113
see 2017 Economic Calendar for daily economic reports. Late Morning reports:I am just wondering what caused the before noon drop and now its going back up. Whaaaa hooppen?
9:45 PMI Services Index "Markit Economics' U.S. manufacturing sample has reported a loss of momentum as is its U.S. service sample."
10:00 ISM Non-Mfg Index "Slowing in employment is a warning signal in the March ISM non-manufacturing report where the headline composite slowed to a 5-month low of 55.2. Employment growth slowed abruptly in the month, down 3.6 points to 51.6 and a 7-month low."
10:30 EIA Petroleum Status Report
2:00 FOMC Minutes definitely seems to be the culprit for the afternoon decline in stocks
DreamboatAnnie
TSP Legend
- Reaction score
- 433
That is awful!!!! :notrust: Just can't catch a break! Well.... right when you start to think the Fed is becoming irrelevant. I wonder if its POLITICAL???? Who knows,.. WeatherWeenie mentioned they want to start unwinding $4.5T debt for bonds on their books. EA mentioned the release of FOMC minutes... maybe something unexpcecte3d was found in them... maybe mention of their plans to unwind debt.... Uggh..... figures.... now they want to start talking about that. Just when things are starting to look good. hum......
ravensfan
Market Veteran
- Reaction score
- 160
My mistake, it was poop...:buttkick:
Whipsaw
Market Veteran
- Reaction score
- 210
Futures have recovered it seems, one of the market vids expressed how the rising support is meeting the descending resistance, building energy for a strong move one way or the other. If we stay above yesterday's open, that would be bullish; otherwise we could be looking at the 100 day...
ravensfan
Market Veteran
- Reaction score
- 160
Yeah not really sure why folks are not posting as much, but it certainly seems the chatter has died down over the last 6 to 8 months. I guess folks are just not in a sharing mood these days.
FYI, the pattern in the C and S funds of one week up, one week down is still intact and if it continues, this week should be up...
ravensfan
Market Veteran
- Reaction score
- 160
"I" fund will begin to climb once I decide to go back to "S". I guess I just picked the year that the "I" fund doesn't like April.
That's called "Murphy's Law" and we have all fallen victim. :smashfreakB:
Whipsaw
Market Veteran
- Reaction score
- 210
The federal debt ceiling limit is fast approaching on 28 April, with a potential for a shutdown... Next Battle in GOP Civil War: Raising the Debt Limit | LifeZette
PuertoRico is runs out of money on 1 May... https://www.yahoo.com/news/puerto-r...kruptcy-deadline-nears-070022952--sector.html
Negotiations underway with the Ruskies, saber rattling in the Pacific... What, me worry? Holding on the lily pad for the time being.
DreamboatAnnie
TSP Legend
- Reaction score
- 433
Thanks for the Info Whipsaw! I had kept the debt ceiling in mind, but Puerto Rico had slipped off my radar... so I'll be watching too! Also need to remember to watch for the 2nd part of France's elections... not sure when that is. Best Wishes!!!!
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