WorkFE's Account Talk

[WorkFE]

WMT on fire this morning.

 

[WorkFE]

Did I mention that playing this market is risky.
Roller-coaster Tuesday.

 

[WorkFE]

Bad news, Inflation isn't going anywhere. Recession followed by rising unemployment.

Good news, lots of stocks in different sectors put in lows months ago and quite honestly have recovered quite nicely.

Unknown news, know idea how long before we fully recover our highs and see our next leg up. But I do see some silver lining.
My guess is 4th Quater 2023.

 

[WorkFE]

The market is open on Friday, but it is a short day.

 

[WorkFE]

Futures on the green side, that's a start.
Can we follow through from yesterday?

Still sitting 75% G and 25% C, S, I with contributions going 15% G and 85% split between C/S/I since May. I fund getting close to a sell for me.

 

[WorkFE]

I needed follow through today to sell my I Fund shares.
Could still get a snap back this afternoon but I think I will hold for now and see if there is still some room to run in December.

 

[felixthecat]

As much as I would like to limit my TSP monopoly loss for the year…doubt very seriously we are setup for any year end rally. Expecting soon to see drop in the equities soon. Going into 2023…looks a bit treacherous
with early losses as earning pre-warnings occur. Nice run though off the lows. 15 percent gains will evaporate quickly catching Santa Rally wishers offguard. We shall soon see…easier to go up or down from this level..

I needed follow through today to sell my I Fund shares.
Could still get a snap back this afternoon but I think I will hold for now and see if there is still some room to run in December.

 

[WorkFE]

Concur. I see 2023 much like the last few months. Up and down and unpredictable.
If I would have moved my I Fund Shares to the G Fund yesterday at COB, I could have eaked out a small gain from purchase to sale. While I don't foresee December overall being a positive month, if we have a positive couple day next week, I will make that move.
If not, time is on my side.

 

[WorkFE]

Hold on to that sled Santa, its off like a rocket.

 

[nasa1974]

And falling like a rock.

 

[WorkFE]

Newton’s third law

 

[nasa1974]

Looks like it has taken a good bounce. Still 2 hours to go and anything can happen.

 

[WorkFE]

Well poopers, that was short lived.

 

[nasa1974]

Yep, the Feds talked and the stocks tumbled.

 

[WorkFE]

Wife and I made a trip to Frankenmuth, Michigan this past weekend.
Did a bit of shopping at Bronner's, it's her annual thing.

Couple observations.
1. Shoppers in house was relatively light.
2. Prices have gone up considerably.
3. Product origination seems to be more diverse than years past but China still rules.

 

[WorkFE]

Look on the bright side folks, 2 more trading days and we can put this puppy in the rearview mirror.

 

[WorkFE]

Why wait until 2023, let's start today.

[h=1]US stocks could surge 20% in the first 6 months of 2023- US stocks could surge 20% in the first 6 months of 2023 as the Fed wraps up its inflation fight, Wharton professor Jeremy Siegel says (msn.com)[/h]

 

[nasa1974]

Why wait until 2023, let's start today.

US stocks could surge 20% in the first 6 months of 2023- US stocks could surge 20% in the first 6 months of 2023 as the Fed wraps up its inflation fight, Wharton professor Jeremy Siegel says (msn.com)

So by July 1st I would be at a -8%. I'll take it.

 

[WorkFE]

It would definitely be an improvement.

 

[WorkFE]

It is tough to find any positives out there, and 2023 isn't exactly inspiring confidence.
I suppose I could say my dividend reinvest are buying a bit more so if there is a rebound better profit will be realized.