WorkFE's Account Talk

[felixthecat]

Here is a good way to look at the overall stock market valuation.

Data Driven US Stock Market Valuation and Analysis

Simple, fundamental valuation indicators to model the current valuation of the US stock market.

www.currentmarketvaluation.com

 

[WorkFE]

15 years ago, I might have played the chance of a bounce following today's action.
I'm not the risk taker I used to be.

 

[nasa1974]

A lousy way to end the month. I might get lucky and still finish the month on a very slim positive position.

 

[WorkFE]

Market, the DOW to be specific, seems to have been leaking for the past 2 weeks. Down about 2.5%.
The NASDAQ and S&P are only slightly off their all-time highs. Lots of things could be factoring into this.
1. Election right around the corner.
2. This run could be taking a breather.
3. Its exhausted and due for a pull back or correction.
4. Folks are cautious of current world events.

Either way we need to stay nimble.

No sooner do I write that and the NASDAQ and S&P do their darnedest to play catchup to the downside.

 

[WorkFE]

The G fund slides back up to 4.375%
Makes decisions easier, at least for November

 

[WorkFE]

Pretty sure no matter what happens tonight, I still have to work tomorrow.
Stay green

 

[WorkFE]

Pretty sure no matter what happens tonight, I still have to work tomorrow.
Stay green

Stayed green and I'm at work. Batting 1.000

 

[WorkFE]

The I Fund is getting crushed while the C & S are cruising.
If these levels were to hold all three indices would mark new closing highs. I suspect it will pull back some this afternoon but who knows.
Then of course, at some point, the gaps need to be filled.

 

[tsptalk]

The I Fund is getting crushed while the C & S are cruising.

Interesting. The TSP says they completed the I-fund move to the new benchmark index, which sounds like it is ACWI.

ACWI is doing much better than EFA today:

I guess we'll find out.

According to the TSP website, "I Fund benchmark index change complete — The transition of the I Fund benchmark to the MSCI All Country World Investable Market Index ex USA ex China ex Hong Kong Index (MSCI ACWI IMI ex USA ex China ex Hong Kong Index) is complete."

 

[WorkFE]

Interesting. The TSP says they completed the I-fund move to the new benchmark index, which sounds like it is ACWI.

ACWI is doing much better than EFA today:

I guess we'll find out.

Makes sense. Will have to research this

MSCI ACWI ETF​

 

[WorkFE]

If you were going to take a breather, today certainly looks like it would have been a good day.

 

[WorkFE]

So, the I fund did close down yesterday. hmmm

 

[tsptalk]

So, the I fund did close down yesterday. hmmm

I don't know if you saw, but Jackbnimble posted that ACWX is likely the correct I-fund ETF to follow. Not ACWI that I said.

https://finance.yahoo.com/quote/ACWX/

 

[WorkFE]

I don't know if you saw, but Jackbnimble posted that ACWX is likely the correct I-fund ETF to follow. Not ACWI that I said.

https://finance.yahoo.com/quote/ACWX/

I may have missed that, thanks.

 

[WorkFE]

Would love to see an I Fund turn around this week. C & S have been fairly strong.

 

[Boghie]

Would love to see an I Fund turn around this week. C & S have been fairly strong.

It feels like the Euro assets are being sold and US assets are being purchased. Time will tell...

 

[WorkFE]

Futures did a 180

 

[WorkFE]

The croupier has dropped the pill and it isn't stopping until 1600.

 

[nasa1974]

Futures did a 180

Yes, they did. The "C" fund recovered a little bit.

 

[WorkFE]

The I fund has been lagging for a while. Depending on the flaming tariff rhetoric I may bet big on it in 2025.
Outside of TSP, my retail stocks have been doing well.