Up trend or dead cat?

[PhilJohn]

Stong gains this week. Congrats for those who caught it. For those who didnt, stay put or buy?

[bloobs]

Stong gains this week. Congrats for those who caught it. For those who didnt, stay put or buy?

Range-wise mid term (50 to 200 day range) we're still in no-mans land so its a 50/50 chance where its headed. It's anyone's guess, as of today.

In the very short term (< 1 week) it has been very bullish BUT it is mostly due to speculative day traders literally knee-jerk reacting to (1) Twitter posts from 1 man's genius or folly--depending on which side of the aisle you stand and (2) the Fed guy making "maybe" pronouncements. These wide index swings up and down admittedly have been worsened by buy/sell orders triggered on the institutional side.


https://www.bloomberg.com/news/articles ... nd=premium

[seawatcher]

Stong gains this week. Congrats for those who caught it. For those who didnt, stay put or buy?

Good Question! I was going to move from F fund earlier this week to stock funds but have been more cautious with risk. An IFT today is buying at a higher price unless there is a sell-off this afternoon, but what will happen next week if I IFT today. That's the magic question. I don't see my followed leaders making IFTs to stock funds yet today. About 50 minutes to decide.

[robodummy]

I'm staying in the G for a bit longer.
My strategy is to do the opposite of what I THINK is right. And I think I want to go 100% C

I've only really messed up when I was positive about my move!

[PhilJohn]

All good points. I will stay in G as well, for now. I wish we were allotted more IFT’s. That sure would make it easier.

[Horaenaut]

I'm staying in the G for a bit longer.
My strategy is to do the opposite of what I THINK is right. And I think I want to go 100% C

I've only really messed up when I was positive about my move!

Me too! I'm pretty sure this is a dead cat bounce and that we'll see a drop next week, which is why I'm staying in stocks. Because I know I'm an idiot.

https://www.corpgov.net/wp-content/uplo ... posite.jpg

[seawatcher]

For better or worse, I moved to C and S. We will see next week if it was a good move. Mexico situation getting better? Possible rate cut? Some weekend tweets? Gravitational shifts from intergalactic forces? Who knows what will influence how the markets move next week...

[PhilJohn]

Lol I am tempted!

[Scorpio70]

It's the best dead cat I have ever seen bounced. Of course the market is a house of cards propped up by gasoline soaked matches....and that's probably more structure than it really has.

[Chulke]

I feel like this is a dead cat bounce....there just doesn't seem to be enough teeth in this run to keep it moving on up....No real news...no trade agreements...all speculation!

Just sayin!


Cheers!

[cswift01]

I feel like this is a dead cat bounce....there just doesn't seem to be enough teeth in this run to keep it moving on up....No real news...no trade agreements...all speculation!

Just sayin!


Cheers!

My opinion too.

[Billionair]

Hey all, late to the action, but I think dead cat bounce. Tariffs will go into effect monday, and the good rally this week (if you caught it), is just a lower high. That jobs report is showing a slow growth, and june has never been really strong for our funds.

I would say, a FED rate cut is the true wild card.

[TSP Jedi]

Trend is down with sell the rip rallies.....

[Horaenaut]

Hey all, late to the action, but I think dead cat bounce. Tariffs will go into effect monday, and the good rally this week (if you caught it), is just a lower high. That jobs report is showing a slow growth, and june has never been really strong for our funds.

I would say, a FED rate cut is the true wild card.

A Fed rate cut or a China trade deal--either would send markets skyrocketing.

Neither should be expected, either might happen.

[ArrieS]

The Mexico tariffs are the unknown.

So much crosses the border back and forth. For example, a part made in Mexico could be shipped to the US to be used to assemble a larger part in America and shipped back to Mexico for the final product such as a car. Crossing the board multiple times will have a compounding effect on the final product.