WorkFE's Account Talk

[nasa1974]

The first two trading days of 2024 is kicking our butt.

 

[nnuut]

How true it is!

 

[WorkFE]

The beatings will continue until morale improves.
Freedom and Liberty has been suspended until further notice. :smashfreakB:

 

[WorkFE]

This roller coaster makes it tough to make a decision. In the end I'm staying put. Trying to avoid any move, in or out, that I don't instantly regret. My majority G Fund position is covering any negativity of my risk positions.
Treading water is not as good as swimming but much better than sinking.

 

[WorkFE]

While the noon cutoff is making it difficult to navigate quick hits, if we gap down early I may do a short term buy/sell between today and tomorrow or hold that buy until Friday. Or maybe I'll quit trying to force my 2024 MOJO.

 

[WorkFE]

To unsettled before noon, staying put.

 

[WorkFE]

I expected today's action yesterday and yesterday's action today.
Thank goodness I decided not to chase my tail yesterday. :smile:
This might set me up for later.

 

[WorkFE]

Monday and Tuesday confused me, I thought they were flip-flopped.
I figured today would be flat waiting on tomorrow, CPI Data.

FYI, 30 year mortgage rates ticked up.

 

[WorkFE]

Got a couple individual stocks doing okay but overall things are not looking strong right now.
Economic calendar is pretty full tomorrow, up or down it could be a shaker.

Very Cold here in KY this week, might be time for an offshore fishing trip.

 

[nasa1974]

Very Cold here in KY this week, might be time for an offshore fishing trip.

Ice fishing?

 

[WorkFE]

Might see another push higher today.
Now that we've got a new S&P all time high close with a new bump in the DOW, maybe we could drag the NASDAQ to 16,058. Still Dragging about 4.5%. Got a ways to go for that one.
Expecting things to get a bit overheated, February G Fund rate will help me decide to stay Risk On or Risk Off but that's 11 Days off.
Continuing new contributions on the way up and down, don't think that's going to change.

 

[WorkFE]

Got called away prior to cutoff. Didn't really have a move planned anyway but I hate when that happens.
DOW working on another high.

 

[dannyboy]

Hi, curious about the "Expecting things to get a bit overheated, February G Fund rate will help me decide to stay Risk On or Risk Off " I'm not certain what that means? I'm a F/T worker and I don't chase after markets, etc. please expand

 

[WorkFE]

Danny boy,
If the G Fund maintains 4% come February I will be less inclined to chase risk, if it drops into the lower 3% range I will view things differently.
At current rates it is paying me $1700 a month, more than adequate.
Everyone's situation is different

 

[WorkFE]

DOW slipped a bit and the S&P added a few more chips.
The NASDAQ continues to claw towards that 16,060 level. After hours showed some promise, would love to breach that.
The Bond market has been quiet, good I suppose.
Market volatility is the only thing in a neutral stance, all other indicators are flashing Greed to Extreme Greed.
A bit of blood in the water would be nice.

 

[WorkFE]

Sure is quiet in here. Slow morning

 

[WorkFE]

Closing out January with a bang. Any one of these could seriously move the market, in either direction.
Tuesday, Microsoft and Apple will report earnings.
Wednesday, Federal Reserve interest rate decision.
Friday, January jobs report.

 

[Epic]

Closing out January with a bang. Any one of these could seriously move the market, in either direction.
Tuesday, Microsoft and Apple will report earnings.
Wednesday, Federal Reserve interest rate decision.
Friday, January jobs report.

Intel took a dump last week. You think other tech stocks will follow??? :dunno: I sure hope not.....

 

[WorkFE]

Financially speaking, INTEL is a baby compared to Microsoft and Apple.
Let's hope they show better than them. :worried:

 

[WorkFE]

Considering Tesla's recent stock hit, we could be in for a bumpy ride.
I already mentioned that today, Microsoft and Apple will report earnings. Two days later we get Amazon, Meta Platforms and Apple. Then about mid-February Nvidia reports quarterly results.
2023 was a great year for investors in these companies. Would not surprise me to see some ugliness mixed in for 2024, considering the weight these companies carry in the Stock Market.