TSP Talk Weekly Wrap Up
Learn what you need to know about TSP this week.
Learn what you need to know about TSP this week.
Read on for your weekly TSP wrap up.
The new year started off with gains across the board for the TSP funds. The TSP stock funds leaded as the C, S, and I-fund were all up more than 1.5% for the week. It seems big names are carrying the indices while the overall action may not be as positive as it seems. ThisRead… Read more »
Stocks rallied Monday which was a rebound after the sell-off the previous Friday; not all of Friday’s losses were erased but it was a plus for the bulls. However the Monday gains were erased Tuesday and the rest of the week contained choppy action with some gains on Thursday, as a result of weak economicRead… Read more »
Stocks were up Monday but slowly sold-off through the mid-week days as traders anticipated the release of the August jobs report Friday. The report was thought to give traders an idea of whether the Fed would raise interest rates or not in the next FOMC meeting. The consensus estimates were an addition of 185,000 jobsRead… Read more »
Stocks were thrown into positive territory Tuesday as the market was up at the open; the strong open also happened to be the peak of the week. Stocks sold off intraday Tuesday and the selling continued into Wednesday and Thursday. Janet Yellen spoke Friday Morning about the next potential interest rate hike. Her comments wereRead… Read more »
The S&P 500 was down four of five days this week leading to more than a 1% loss in all the TSP stock funds. Anticipation for next week’s vote on whether Britain leaves the Euro Zone has been a hot topic for traders this week. Thursday’s gains were a indication of how stocks will reactRead… Read more »
The market produced slight gains for the week after oscillating day to day between gains and losses. The Fed further validated potential rate hikes in June on Wednesday. This wiped out the gains of the preceding rally to end the day with a slight gain for the S&P500. Selling continued into Thursday but buyers slowlyRead… Read more »
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 »
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 »