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

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

July 18, 2018

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

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

After a weak open on Tuesday, stocks had a very nice day yesterday with moderate gains across the board despite some earnings scares.  The Dow gained 56-points and the S&P 500 finally moved above 2800 with some conviction.  The breakouts did not come on much volume as we are still in the summer vacation days, and actually July 18 is the start of the more negative portion of July's seasonality chart so there are some minor headwinds.

Daily TSP Funds Return

More returns


Fed Chairman Powell was in Washington yesterday testifying in front of congress, and as you can imagine it was more of a political show but the Powell didn't bite on most of their partisan questions.  He did say tariff's in general are not great for earnings but he seemed to back away from it, and he didn't really comment on the flattening of the yield curve despite it being a major topic of late on Wall Street.

What he did say is that the economy looks good, inflation appears to be under control, and they are going to continue to raise rates slowly as needed. 

This was a boost to stocks in an otherwise uneventful day.  The question is what happens next now that the Fed is out of the way, and of course it's more earnings.

The big earnings reports yesterday saw Netflix and Goldman Sachs disappoint but both rebounded to get back more than half of their larger early losses by the close, so the dip buyers were out in full force. 

Admin Note:  If anyone is interested in our annual British Open Golf Tournament Pool, please click here for more info.  It's free.  The deadline is the first tee-time on Thursday morning in Scotland, which is very early here in the U.S.

Also, I'm aware of the issues we are having with the charts at the bottom of the page.  Google has been making some changes and I just have to find something that is going to work to take their place.

The S&P 500 / C-fund saw a very nice looking positive reversal day but I'd be more impressed if there was any kind of boost in trading volume, but it was a typical quiet summer trading day instead.  You can see that it broke above the March highs, but there is some possible resistance using the bottom of that old head and shoulders pattern we were once watching (red).  This could be the start of an "F" flag, which is bullish in the short-term but they do get more dicey the longer the flag gets.


The small caps (S-fund) had a big day and rallied up to the top of their bull flag.  Another positive day could mean a breakout, but there is also the double top resistance line to deal with.


The Dow Transportation Index was up but lagged a bit and was actually down for much of the day.  It has been bouncing back and forth between the 200 and 50-day EMAs and that may continue today after a solid earnings report from railroad giant CSX.


The EAFE Index (I-fund) was up modestly and moved back above the 200-day MA and filled that gap from earlier in the month.

The AGG (Bonds / F-fund) dipped a bit and continues to trade just below the May high and just above the rising support line.


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.  We'll see you back here tomorrow.

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
FERS Guide

Mobile Options
- TSP Talk Forum Apps


  S&P 500 (C Fund) DWCPF (S Fund) EFA (I Fund) AGG (F Fund)  

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 - 2018
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
views since 5/16/18