Stocks were initially down this week but the bulls fought back to keep things at par as traders awaited the FOMC policy statement. Nothing particularly new was announced by the Fed; they sustained their dovish behavior as they know how sensitive the market can be otherwise. The statement didn’t change the mood of the weekRead… Read more »
Stocks were up for the week but were off their highs as they peaked intraday Wednesday after a couples days of relentless buying. Stocks sold off Thursday which continued into Friday but the dip buyers were back in play by mid-day to keep stocks in positive territory for the week. The F-fund lagged as itRead… Read more »
Stocks were up this week with two back to back rallies Tuesday and Wednesday to produce the bulk of the gains for the week. The rest of the days were a mix of slight to modest moves depending on your index of interest. All three indices representative of the TSP stock funds are sitting underRead… Read more »
The week started off with not much vertical movement in the indices until Fed member Janet Yellen reenergized buyers with here dovish comments intraday Tuesday. The rally she sparked carried on into Wednesday but markets flattened out as March and the first quarter of 2016 came to an end. The jobs report came out FridayRead… Read more »
Stocks eased up this week after five straight positive weeks. The market held up after the news of the Brussels attacks but traders took cover after some hawkish comments by FOMC members. Pullbacks are healthy for markets especially after long upward momentum. Most of these indices have support lines to help the bull cause whenRead… Read more »
After hesitation by investors to put their money to work earlier this week, all TSP stock funds saw more than a 1% for the week following the dovish policy statement put out by the Feds mid-day Wednesday. Naturally this ignited a rally that followed into Thursday where the bulk of the gains were produced. TheRead… Read more »
The bulls fought back the bear’s efforts to reverse recent market action this week producing volatile sideways movement. The turning point came Thursday after the ECB’s stimulus decision caused a sell off during the first half of the day followed by V-shaped bounce for the following trading hours. Thursday’s late rally carried into Friday andRead… Read more »
Stocks were up at Monday’s open but were unable to produce any further upside intraday. That gap produced was filled Tuesday wiping out most of the gains from Monday. Stocks opened down Wednesday but, with the help of crude oil, closed well off the lows to produce slight gains on the day. This upward actionRead… Read more »
The TSP funds saw green across the board this four day week with stocks leading the action, particularly small caps (S-fund). The previous Friday’s rally carried over the three day weekend and continued into Tuesday and Wednesday. Stocks leveled off Thursday and Friday but any losses in those days were modest and overshadowed by theRead… Read more »
It was another familiar week for the 2016 market, stocks were down and bonds were up. On the bright side for stocks, the losses were modest for the S&P 500 compared to the weeks preceding. Problems in the Greece economy are again hitting the headlines as if traders needed another reason to sell. An earlyRead… Read more »