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TSP Talk Weekly Wrap Up

The market saw two good days of positive action this week; the first Tuesday and the second Thursday, both with the rally in oil as a catalyst. The gains of those days were wiped out the following day(Wednesday and Friday) though with weakness in Disney and retail. Friday’s action pushed the market into negative territoryRead… Read more »

TSP Talk Weekly Wrap Up

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 »

TSP Talk Weekly Wrap Up

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 »

TSP Talk Weekly Wrap Up

It was an interesting week for the market. Trends driven by central bank decisions, front page tragedies, and a solid jobs report gave traders an opportunity to join the trend of the day. Post-holiday selling was followed by a positive start to the new month. The S&P 500 began to sell off at the openRead… Read more »

TSP Talk Weekly Wrap Up

The weakness of August has now rolled into September, historically the worst month of the year. As the VIX sits near 30, which is a dangerous level, stocks are vulnerable for another panic-like sell-off. It’s possible we will see a bottom in September but first the market seems to want to test the August lows,Read… Read more »