Month: July 2024

What a day of transition

I went from 67% cash to no cash in one day with my Schwab IRA account. Not sure all this will stick, but it is investing and I’ll have a stop loss set for all new positions after the close. Before the open today: By 3 pm today:

TSP daily charts as of 7/28/24

Teetering on the edge and you have to wonder which way it will this market go. Earnings, earnings, earnings will be the theme for the coming week and levels will likely be dedictated from the results. Let’s look at our current charts.

Tomorrow I have a new plan

I thought for a while today that the index that was in trouble was going to dig itself out, but the last 35 minutes of the trading day ruined that hope. Now we have a second index that is firing a sell, so let’s get to it.

A wishy-washy mess! No move

Going to stand down today because the markets are churning. Everything is being driven by earnings, interest rate expectations, and tech rotation. We also got a daily sell signal on another index but that has to be confirmed by the end of day trading. So, I am standing down today because the index in question…

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