TSP Talk - Thrift Savings Plan Talk
TSP Talk on Facebook TSP Talk on Twitter Mobile TSP Talk
Search TSP Talk and tsp.gov
TSP Talk Market Comments TSP AutoTracker Premiums Site Map TSP Funds Forum Returns

Thrift Savings Plan Talk

For Federal Government Employees and Military Personnel
TSP Talk - Thrift Savings Plan Talk
Quotes, Charts, Info

TSP Share Prices & Returns
Fund Index Quotes
Popular Charts
Market Futures Quotes
Earnings Reports
Economic Calendar

Sponsored Links

Need a back-link...
or want to Advertise?

Premium Services

TSP Talk - Thrift Savings Plan Talk


Mobile Options

- Android Forum App

- iPhone Forum App

- TSP Talk Mobile Version



 Quick Link to ...
TSP Share Prices | Reader Testimonials

RevShark's TSP Timing Newsletter & Afternoon Commentary

Intrepid Timer Strategies  |   TSP Talk Plus

Market Commentary

August 18, 2017

Archives  |  Current TSP Share Prices
TSP Talk - Thrift Savings Plan Talk

 Today's Commentary         (Not seeing a current commentary?)               

Stocks were rattled on Thursday as the drama in DC continued, but that wasn't all as geopolitical events again got the attention of Wall Street.  The Dow ended the day down 274-points, or 1.24% but the broader market indices lost even more as small caps fell 1.67% giving up this week's earlier decent gains.

Daily TSP Funds Return

More returns


The day started out with some concerns of whether the White House top economic advisor Gary Cohn was going to resign, and ended with more selling after a terror attack in Barcelona hit the wires.

We had mentioned yesterday that the bond market seemed to be setting up for some kind of of trouble, and I would categorize yesterday's action as troubling, and bonds did respond with a rally. 

T'is the season.  August is starting to act like August.  The headlines are scaring investors, and for the last several months this kind of thing was shrugged off, so perhaps it is finally time for a correction - or will the dip buyers come to the rescue again?  It's been a long time since we've had a proper correction, so is it time?  The market has been very resilient this year.  Here's another test.

The SPY (S&P 500 / C-fund) posted a high volume down day on Thursday, and it could have been more encouraging if the high volume was associated with a positive reversal, but instead the indices closed at the lows.  It's hard to compare recent months to Thursday's action because we have had little panic over the last 6 - 9 months, but still, prior spikes this high did precede some rallies.  If this is the end of the bull market, this may be a moot point, but so far the ascending trend is intact.  Watch that 242 level.  That could be the tell.


The DWCPF (small caps / S-fund) was hit hard giving up this week's gains and testing some long-term support.  The 200-day EMA is a possible target if the support near 1200 fails.


The Dow Transportation Index went from a breakout above the bear flag early on Wednesday, to  breakdown on Thursday.  Here it is back again testing the double bottom (now a triple) near 9100 with the 200-day EMA just underneath 9100.  It's not shown but it closed just below the 200-day SMA (simple average) for a second time in a week.


The EFA (EAFE Index / I-fund)  was down and is once again testing its sturdy 50-day EMA, but we keep seeing these lower lows on many of the charts.


The Energy Sector has been falling just about every day this month.  After failing to hold an upside breakout above the large descending trading channel earlier in the month, it is now flirting with the downside support of that channel.  Can it hold?


The AGG (Bonds / F-fund) made a new high after consolidating and creating that bull flag for the last few weeks.  As I mentioned on Thursday, it looked like bond traders were looking for something to happen, and perhaps the action on Thursday was it.  If that's the case it could pullback from here, otherwise, what else is coming?


Read more in today's TSP Talk Plus Report.  We post more charts, indicators and analysis, plus discuss the allocations of the TSP and ETF Systems.  For more information on how to gain access and a list of the benefits of being a subscriber, please go to: www.tsptalk.com/plus.php

Thanks for reading.  Have a great weekend!

Tom Crowley

Like what you're seeing on TSP Talk?  Why not Tell a Friend about us?  We'd really appreciate it, and they may too.  Thanks!

  The easiest way to print this commentary is to copy and paste above into a document like Word.

Chart provided courtesy of www.sentimentrader.com
Market Commentary Archive

Commentary Archives

Have questions? Visit our message board for answers.

Would you like to be on our email alert list? Your email address will never be given out. Please read our privacy policy. By signing up you agree to the TSP Talk Terms of Service.

Like what you're reading? Please Tell a Friend about us.

Help and Resources

Site Map
FAQ - Premium Services
FAQ for Alerts
Reader Testimonials
How to Make a Transfer
How to Make an IFT (Video)
Report Problems / Errors
Contact Us

TSP - What is it?
Who Is TSP Talk?
What Can We Do For You?
Want More Help?

Mug Shots

TSP Talk User Map
Tell a friend or co-worker
Recent Forum Activity
Video & Image Library
Market Analysis Videos
TSP.gov Home Page
My Federal Retirement

Mobile Options
- TSP Talk Forum Apps




S&P 500 (C Fund)
DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)
EFA (I Fund)
iShares MSCI EAFE Index (EFA)
AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)
20min. delay http://finance.yahoo.com

TSP Talk does not guarantee the accuracy or completeness of this report, nor does TSPtalk.com assume any liability for any loss that may result from reliance by any person upon any such information or opinions. Such information and opinions are subject to change without notice and are for general information only.  The information contained on this website is for educational purposes only and not intended to be recommendations, and may not be published, broadcast, rewritten or otherwise distributed without prior written consent from TSPtalk.com. Full Disclaimer

Copyright © 2003 - 2017
Buy Low Sell High, Inc.
TSPtalk.com ® is a trademark of Buy Low Sell High, Inc.
All Rights Reserved

Buy Low Sell High, Inc., P.O. Box 13213, Ogden UT 84412

TSP Talk Market Comments TSP AutoTracker Premiums Site Map TSP Funds Forum Returns