It was a bit of a rollercoaster ride last week as there was little progress made in the budget negotiations. We had sold off into the Monday night deadline, but the market surprised a lot of folks by rallying on Tuesday. The back and forth continued and ended with a strong day on Friday. ThisRead… Read more »
Stocks were mixed last week in front of the uncertainty of this Monday’s deadline for a continuing resolution to fund the government. Considering what is at stake, the market held up rather well, but as our TSP Talk Plus members saw this week, a shutdown hasn’t always been a bad thing for the market. HereRead… Read more »
Stocks rallied sharply on Wednesday last week, after the Fed announced no tapering to their bond buying policy at this time . The bulls loved it, as you can see on the chart below, but we saw the indices give back some of the gains on Thursday and Friday. Here are the weekly, monthly, andRead… Read more »
During what is supposed to be the weakest month of the year historically, stocks had another great week adding to some impressive gains for the month of September. Some were calling it a relief rally after the threat of a strike on Syria subsided, and if that is the case, it may be an overreaction.Read… Read more »
Stocks were relatively flat on Friday but it was a wild day to end the week. The jobs report was a disappointment with over 10,000 fewer jobs being created in August than was expected, and there were also downward revisions made to both June and July’s report. The good news is, the unemployment rate droppedRead… Read more »
Things started out pretty well for the stock market in August, but it didn’t take long to fall victim to the summer doldrums and give us its typical seasonally below average performance. There were some ups and down, but last week’s 1.8% to 3.2% losses in the TSP stock Funds cemented the final negative returnsRead… Read more »
After a one-week pullback and some early weakness this past week, U.S. stocks ended the week with modest gains. The Fed meeting minutes were released on Wednesday afternoon and investors went scurrying, but they came back aggressively on Thursday and Friday to salvage a positive week. Here are the up-to-date weekly, current month, and annualRead… Read more »
The stock market and the TSP stock funds experienced their worst week since June. Rising bond yields and troublesome warnings from some of the larger U.S. retailers, plus continued concerns over the Fed tapering their bond buying, was enough to get investors to lock in some profits from this summer’s big gains. Here are theRead… Read more »
Stocks saw their first meaningful weekly loss since the week of June 17, and it was overdue. The concern, or uncertainty, on Wall Street is when the Fed is going to start tapering their bond buying. Earnings season is winding down, trading volume has been drying up, and the weak seasonality of August seems toRead… Read more »
Stocks started the week with some modest losses, and even with the volatility after the Fed’s policy statement on Wednesday, the S&P 500 was still down for the week. But after digesting the Fed’s statement overnight, and some better than expected economic reports, stocks rallied sharply on Thursday. Friday’s jobs report took stocks lower initially,Read… Read more »