Despite the large sell off in stocks on Friday, the major stock indices, and the TSP stock funds, closed the week with some modest gains and bonds were down slightly. Here are the TSP fund returns for the week of October 15 through October 19 and the up to date monthly and annual returns. WeRead… Read more »
After being up for 5 of the last 6 weeks, stocks closed slightly lower last week as the market digested a slow week of mixed economic data, the newly announced QE3, the turmoil in the Middle East, and the upcoming election. Here are the TSP fund returns for the week of September 17 through SeptemberRead… Read more »
Stocks rallied last week after the Fed announces the start of quantitative easing #3, or QE3. The Dow jumped 207-points on Thursday after the announcement, and followed up with more gains on Friday. Here are the TSP fund returns for the week of September 11 through September 14, plus the up to date annual returns.Read… Read more »
Stocks had a big post-holiday week with the help of some encouraging words out of Europe on Thursday, and a “weak” unemployment report on Friday? Here are the TSP fund returns for the week of September 4 through September 7, plus the up to date annual returns. The S&P 500 broke out to new 2012Read… Read more »
Stocks did little from Monday through Wednesday of last week, but Thursday we saw some nerves in front of Friday’s big Jackson-Hole speech from Ben Bernanke. The Dow dropped over 100-points Thursday in anticipation, and even though Bernanke didn’t give the market what it wanted, the news wasn’t bad and the Dow regained 90-points onRead… Read more »
The stock market closed out a rough week strongly as the 100-point gain in the Dow on Friday recouped almost half of the week’s earlier losses. On the week the Dow still lost 117-points and we now have some interesting technical setups forming. Here are the TSP fund returns for the week of August 20Read… Read more »
Stocks continue to move up The S&P 500 (C-fund) closed up on Friday for a sixth consecutive positive day. Some of those days were very small gains, but the bears have not been able to put up a red number in the S&P since August 2. Now the stock market is facing some resistance andRead… Read more »
Jobs report salvages the week Stocks rallied strongly on Friday after the July jobs report was released, salvaging what looked like was going to be a down week for stocks. The big 200+ point rally in the Dow on Friday came on unusually light volume suggesting that some of the bigger players may not beRead… Read more »
Riding the trading channel Stocks rallied sharply late last week and turned what looked like was going to be a poor week, into a week of solid gains. The game in Europe continues as this week it was optimism over bailouts that sent the markets higher. We saw weak economic data with the 1.5% GDP,Read… Read more »
Europe trumps earnings Second quarter earnings have been pretty good so far and we hadn’t been seeing the typical mid-July “sell the news” reaction this year, but troubles in Europe with Spanish yields rising well above 7% on Friday, a new high in the euro era, and stocks backed off. Here are the TSP fundRead… Read more »