WorkFE's Account Talk

[WorkFE]

Good news. I now know how long my TSP needs to sustain me.

MSN

 

[tsptalk]

Good to know!

 

[nasa1974]

I'm hoping for at least another 20 years.

 

[WorkFE]

The I Fund pulled a hamstring on Friday and came up a bit short. I will ride it for a little longer, see how it goes.

Looks like that I Fund Hammy is tightening up again heading into the close.

 

[WorkFE]

Hopefully we can stay upright today. Could be the last few days was just some tree shaking to flush out some tepidness.
I'm still only mildly exposed to the I Fund, nothing back breaking in either direction. Christmas is my out timeline but that could certainly change.

 

[WorkFE]

For those that follow public sentiment in conjunction with markets. The C, S & I Fund are each comprised of 12.9% or greater of Healthcare sector in their respective holdings. Healthcare sector is comprised of pharmaceuticals, insurance, vaccines, diagnostic's etc.

 

[Whipsaw]

Things that make you go HMMMMmmmmmmmmmm.

 

[WorkFE]

Ready set, GO.
Rally on

 

[nasa1974]

Ready set, GO.
Rally on

The opening looks ok. Although we haven't had a red Friday in 4 weeks. We might be due.

 

[WorkFE]

Ready set, GO.
Rally on

And maybe not

 

[WorkFE]

From futures to close was a pretty big swing.
The index is neutral but has been sliding towards fear. The 7 indicators are a mixed bag. Not concerning considering the action this week. Setting up for a Santa rally or disappointment, we shall see.

 

[Whipsaw]

Flip a coin? Declining trend over the last several days.

 

[WorkFE]

Flip a coin? Declining trend over the last several days.

Could be in preparation for the Fed walking back another rate cut this year. Some data suggest recession and uptick in inflation.

 

[WorkFE]

Now look what you've gone and done.

 

[WorkFE]

Now look what you've gone and done.

This is gonna hurt.

 

[nasa1974]

This is gonna hurt.

Glad I don't have skin in the game (TSP).
Although all my stocks were bright red. Amazon and Citigroup were the worst at -4.60% and -4.22% respectively. The rest were between 2% & 3% down.

 

[WorkFE]

Glad I don't have skin in the game (TSP).
Although all my stocks were bright red. Amazon and Citigroup were the worst at -4.60% and -4.22% respectively. The rest were between 2% & 3% down.

My retail stocks have been holding up fairly well, of course it is Christmas time.

 

[WorkFE]

As I've noted before, my position in the I fund is small and I took a bit of a haircut yesterday. But yikes, if you were heavily invested in the S Fund you got a crewcut.
JSYK. I have no intention of bailing the I Fund. I will buy it down and hopefully be rewarded when it recovers.

 

[WorkFE]

Santa has been kidnapped, and the search is not going well. Be flexible, things could turn on a dime.

 

[WorkFE]

All of the fear & greed indicators are flashing fear or extreme fear, other than Market Volatility which is neutral. The VIX is not spiking like it did in August, but it has trended upward minus the downward action on Friday.
Might be a good time to buy.