Stocks pulled back last week as we hit a weak spot between the big jobs report and the typical late December Santa Clause rally. Historically, that’s typical so the question is, how much concern should we have going into this week after last week’s losses? We came into this past week following a big jobsRead… Read more »
Despite a huge day after the jobs report announcement on Friday, the stock funds ended the week flat to lower. Except for Thanksgiving week, there has been a trending pattern of weakness toward the beginning of the week, a bottom near Wednesday, then an attempt to recapture the gains going into the end of theRead… Read more »
It was a holiday shortened week with typical pre / post Thanksgiving activity. Volume was light but the bias was up. Post holiday trading can prove tough to analyze since there is a positive bias during the pre-holiday trading and there tends to be reversals after the holiday. So, does that mean stocks are dueRead… Read more »
Stocks started the week with some selling but things turned around by Thursday morning; moving almost straight up after the Philly Fed Report which actually came in much weaker than expected. Investors saw this as a sign that the Fed will be less likely to taper their quantitative easing program any time soon as badRead… Read more »
We started the week coming off the jobs report that triggered a big rally the Friday before. The stock market digested those gains for a couple of days and by the open on Wednesday it looked like we may see a bit of a pullback. But then the Janet Yellen confirmation hearings started, and theRead… Read more »
We saw a breakdown in the stock market on Thursday that seemed to be a topping turning point. That is until we got the October jobs report on Friday morning and investors did an about face and bought on this news. The stock indexes improved their technical picture but they are not out of theRead… Read more »
The TSP stock funds were mixed last week as the C-fund was the only one that managed a gain. Bonds were down, the small caps lost ground, and because the dollar was up last week, the I-fund was the worst performing fund. Here are the weekly, monthly, and annual TSP fund returns through Friday, NovemberRead… Read more »
The week had its ups and downs but there seemed to be a floor on the S&P 500 in the low 1740’s and once it tested it again on Wednesday morning, it all the bulls needed to take charge again. The weekly gains were not large but we saw new record highs on several indicesRead… Read more »
It was a big week for the stock funds as investors were positioning themselves in front of the debt deal announcement, which we knew would eventually come. The surprise was not that we had a “buy the rumor” reaction before the deal was made, but that the buying continued after the deal was made whenRead… Read more »
There was no budget or debt deal made in Washington last week, but that didn’t stop the market from reacting to the rumors. For those who like volatility, it was a week of big swings. Stocks were down sharply on Monday and Tuesday, stabilized on Wednesday with a positive reversal day, then they soared onRead… Read more »