09-17-2015, 10:35 PM
(This post was last modified: 09-17-2015, 10:41 PM by Dividend Watcher.)
I'll be damned. 
The Fed didn't jump to keep up with the bond market of late. I'm still ambivalent on whether they bump or not. However, as Dividendsrule noted, the REITs and Utes took it as good news even though a 25 basis point bump was nothing more than a fart in a gale. So now i go back to waiting just when I was going to make TDA a couple commissions richer.
The markets overall didn't seem too impressed as shown in these graphs from Finviz:
Looks to me like the initial exuberance quickly wore off as the afternoon dragged on and everything I was getting impatient to add to ended up around the flat line except the above-mentioned REITs and Utes.
The asian markets followed through with a down day for the majority with the Nikkei dropping the most at about 2%.
I guess we'll have to wait til morning to see what Europe and the morning futures bring. I was just getting a little enthusiasm built up recording my DRIPs at reduced prices.
P.S. good call, Dividendsrule, on your 1:40pm post. Even got one of the structural reasons why they didn't raise.
The Fed didn't jump to keep up with the bond market of late. I'm still ambivalent on whether they bump or not. However, as Dividendsrule noted, the REITs and Utes took it as good news even though a 25 basis point bump was nothing more than a fart in a gale. So now i go back to waiting just when I was going to make TDA a couple commissions richer. The markets overall didn't seem too impressed as shown in these graphs from Finviz:
Looks to me like the initial exuberance quickly wore off as the afternoon dragged on and everything I was getting impatient to add to ended up around the flat line except the above-mentioned REITs and Utes.
The asian markets followed through with a down day for the majority with the Nikkei dropping the most at about 2%.
I guess we'll have to wait til morning to see what Europe and the morning futures bring. I was just getting a little enthusiasm built up recording my DRIPs at reduced prices.
P.S. good call, Dividendsrule, on your 1:40pm post. Even got one of the structural reasons why they didn't raise.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan