WorkFE's Account Talk

[WorkFE]

Tomorrow's economic calendar is full of land mines (Jobs Report, Unemployment Report, bunch of Fed Folks speaking etc. etc. etc.)
It could make today look mild or erase the losses.

 

[nasa1974]

Tomorrow's economic calendar is full of land mines (Jobs Report, Unemployment Report, bunch of Fed Folks speaking etc. etc. etc.)
It could make today look mild or erase the losses.

Another bleak Friday?

 

[WorkFE]

The NASDAQ closed into correction territory yesterday followed by the S&P, down 6% then the DOW down 5.5%
The S Fund would be a buy, down roughly $13, if I treated it like stock.

 

[WorkFE]

This thing is all over the map.
It would be easier to throw darts, blindfolded.

 

[WorkFE]

I was so close to pulling the trigger on some beat down S Fund today but as usual I missed the deadline. Other than surprises there is nothing on the calendar for Monday. Regular weekend so unless the news cycle finds something to horrify us, I believe we fight back that day. Shaping up to be a quick in today out Monday.

The I Fund continues to remind me to not give in so quickly. It has been the place to be so far this year.

My wife's WMT has taken a beating the last few weeks. 2027 is her drop out date with a price target of $250. $BANK$

Good Luck all and for us still working don’t forget your 5 Bullets.

 

[JTH]

I was so close to pulling the trigger on some beat down S Fund today but as usual I missed the deadline. Other than surprises there is nothing on the calendar for Monday. Regular weekend so unless the news cycle finds something to horrify us, I believe we fight back that day. Shaping up to be a quick in today out Monday.

The I Fund continues to remind me to not give in so quickly. It has been the place to be so far this year.

My wife's WMT has taken a beating the last few weeks. 2027 is her drop out date with a price target of $250. $BANK$

Good Luck all and for us still working don’t forget your 5 Bullets.

Can't remember where, but I recall WMT asked their China suppliers to "eat" the tariff cost. Of course this is classic WMT/AMZN tactics, and they usually have the leverage to pull it off.

IMHO, nobody runs a brick store better than WMT, if they raise their prices, and consumers stop buying, that's a dead canary for all of us.

 

[WorkFE]

Can't remember where, but I recall WMT asked their China suppliers to "eat" the tariff cost. Of course this is classic WMT/AMZN tactics, and they usually have the leverage to pull it off.

IMHO, nobody runs a brick store better than WMT, if they raise their prices, and consumers stop buying, that's a dead canary for all of us.

There e-commerce portfolio picks up every year, not AMZN which I own, but digging in as well as expanding purchases from other countries. Notable analysts have a price target over $200 by mid 2027.

 

[WorkFE]

As I watch this market unfold, I must remind myself that I've seen this before. we've gone from what I thought was overbought to now being oversold. But that's fairly normal when the indicators are flashing extreme fear (blood in the water). While I have not contributed any existing $ I have switched over to buying (future contributions) on the way down (peanuts). If this is short lived, nothing lost. If it continues (>12 months) it will add up down the road at a discount (fingers crossed). As for my current funds (100% G), that's a tougher question. I'm probably closer to moving 10% into C Fund than I am the S fund, and I still like the I fund better than those 2. We will see how the week plays out.

 

[WorkFE]

As I watch this market unfold, I must remind myself that I've seen this before. we've gone from what I thought was overbought to now being oversold. But that's fairly normal when the indicators are flashing extreme fear (blood in the water). While I have not contributed any existing $ I have switched over to buying (future contributions) on the way down (peanuts). If this is short lived, nothing lost. If it continues (>12 months) it will add up down the road at a discount (fingers crossed). As for my current funds (100% G), that's a tougher question. I'm probably closer to moving 10% into C Fund than I am the S fund, and I still like the I fund better than those 2. We will see how the week plays out.

Also forgot to mention. Since Friday is a possible Gov't shutdown, money, I am inclined not to tempt fate until that is resolved.

 

[WorkFE]

So the NASDAQ is well into correction territory, about 13.5% off its December high. Then comes the S&P at -8% followed closely by the DOW at -7%.
Futures are currently green, maybe a bounce today, maybe not.

 

[nasa1974]

So the NASDAQ is well into correction territory, about 13.5% off its December high. Then comes the S&P at -8% followed closely by the DOW at -7%.
Futures are currently green, maybe a bounce today, maybe not.

Lots of ups and downs already. Another sticky pants day.

 

[WorkFE]

Another sticky pants day.

There are days like today that require sticky pants. Yesterday was a full on Depends Day.

 

[WorkFE]

For those that post that they are angry at the current administration for the down market affecting their TSP but buying stocks at lower prices, shame.
Act like the market only has one direction, up, for your personal benefit.
The debt is unsustainable, even die hard liberal economists agree with that. Feel the pain, play nice.