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?

TSP Talk - Thrift Savings Plan Talk


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 21, 2017

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

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

The Nasdaq made it 10 straight positive days on Thursday with a 5-point gain, but it was a rather flat and mixed day for stocks as the Dow lost 29-points, the S&P and small caps were flat, and the Transports lagged with a 1 % decline. 

Daily TSP Funds Return

More returns



The dollar continues to slide and it it actually broke below some support on Thursday, helping the I-fund out.

After the bell yesterday Microsoft reported a solid earnings report pushing the stock to all-time highs in after hours trading, but then it dropped sharply after their earnings call so it will be interesting to see how it opens on Friday.  eBay sold off after hours after their report was released. 

The market has not pulled back (well, the Transports have) despite being the weaker part of July, but today is the 21st and the next few days are historically the worst 3 day period in July, so we'll see.
                        Chart provided courtesy of www.sentimentrader.com


The SPY (S&P 500 / C-fund) pushed to new highs Thursday and despite the S&P actually closing down slightly, SPY closed with a slight gain.  You can see that it is pushing the envelope here, breaking above longer term resistance (solid red channel) and probably, not definitely, due for some kind of a breather before proceeding higher, although that red dashed trading channel below shows some possible room on the upside.


The DWCPF (S-fund) closed off the highs and ended the day flat. It's near - slightly above - overhead resistance with two open gaps below. 


The Dow Transportation Index is considered the market leader so its recent failed breakout could get some attention.  The 50-day EMA is right there for some possible support for this recent pullback, and that could be key for the broader market.


The EFA (EAFE Index / I-fund) made another high despite some negatives in Germany and France...


... but a little follow up on Thursday's commentary on the London FTSE where I said, "the London FTSE may also be forming a large bear flag if it can't break solidly to the upside in the coming days", but as you can see below, it did just that, broke above the bear flag so that's pretty much off the table.


The dollar continues to help the I-fund and yesterday a new leg down broke through support.  Again, it's probably due for a bounce with at three open gaps above, but apparently the Fed's new hawkish stance is still taking a toll on the greenback. 


The AGG (bonds / F-fund) filled that open gap and we could be looking for a pullback from here.  At least temporarily, unless some economic news comes out to override the technical picture.


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