The stock market was down every day last week, normally the strongest seasonal week of the year, so we found out that strong seasonality takes a back seat to fiscal cliffs and capital gains selling. Here are the TSP fund returns for the week of December 24 through December 28 . The S-fund (small caps)Read… Read more »
Stocks finally took a little dive off of the fiscal cliff on Friday morning, but they hung in there and saw just modest losses of less than 1%, and ended the week with some respectable gains. Here are the TSP fund returns for the week of December 17 through December 21. The early weakness onRead… Read more »
We went into last week looking at some pretty strong chart action, and into Wednesday it looked like we were going to get some solid breakouts. Then, at the conclusion of the Fed’s FOMC meeting, the market indices reversed themselves and we ended with a flat to mixed week. Here are the updated weekly, monthly,Read… Read more »
For the second week in a row, the S&P 500 bottomed out on Wednesday, then closed near the high of the week on Friday. I don’t know what the significance of that might be except that in market timing and technical analysis, we are sometimes just watching out for patterns because they tend to repeatRead… Read more »
It was another positive week for stocks last week as a dramatic reversal on Wednesday turned what looked like a breakdown into a bullish “outside day” and the indices were able to hang onto those gains through Friday. Here are the TSP fund returns for the week of November 26 through November 30. All ofRead… Read more »
Holiday weeks tend to have a positive bias, but what we saw last week was not typical. We saw big gains with nearly 4% returns in each of the TSP stock funds. The question now of course is, what will a post-holiday market look like? Here are the TSP fund returns for the week ofRead… Read more »
Although we saw a bit of a bounce on Friday, the major stock indices, and their TSP stock fund counterparts, lost ground again last week. Concerns over the fiscal cliff remain the center of attention, and Friday’s rally came after some signs out of Washington that the two sides may not be too far apartRead… Read more »
It was a wild week on Wall Street last week as we saw multiple triple digit moves in the Dow, including a 300+ point drop the day after the election. Investors were trying to adjust their portfolios accordingly based on the results as they now know which fork in the road the country will beRead… Read more »
After a weather related shortened week, stocks saw some modest gains with TSP fund strength coming from the S and I funds. However, momentum may have turned bearish with Friday seeing 1% losses after Thursday’s big gains. On Friday, the October jobs report came in with a gain of 171,000 jobs, better than the 125,000Read… Read more »
After a sharp decline on Tuesday morning of last week, stocks basically treaded water the rest of the week. The bulls could not get a rebound going, but the bears couldn’t keep the downside pressure on. We had a Fed FOMC meeting last week, some mixed earnings reports and economic data, and the ongoing presidentialRead… Read more »