Quick Weekly Wrap-up
Thanksgiving week was a wild week for Wall Street as the light volume; news driven action led to some big swings. The results were mixed with small caps holding onto gains, and the international stocks being shaken by strength in the dollar after more economic concerns in Europe, and the North Korean strike on South Korea.
For the week, the C-fund lost 0.83%, the S-fund gained 0.90%, and the I-fund fell 3.46%. Bonds (F-fund) was basically flat and the G-fund picked up 0.04%.
For the month of November, the C-fund is up 0.72%, the S-fund is up 3.83%, and the I-fund is now down 2.70%. The F-fund is down 0.75%, and the G-fund is up 0.15%.
The TSP Talk Sentiment Survey System gave a buy signal for this week, but one of our other important indicators, the OEX put call ratio, is flashing some potential problems coming up. We talked about it several times last week so you may want to check out the commentary for more information if you missed it.
I’m on the road and writing this from my car so I’ll end it here. This next week of trading should be interesting.
Good luck, and thanks for reading. We will be back here next week with another TSP Wrap Up.
Tom Crowley
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