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

November 24, 2017

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

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


Stocks were mixed on Wednesday with the Dow giving back 65 of Tuesday's 160+ point gain.  The large cap techs kept the pressure on and managed a small gain for the Nasdaq, but the S&P 500 and small caps posted slight losses.  The I-fund led as the dollar lost 0.78% on Wednesday.
 
Daily TSP Funds Return

More returns

 

We saw a lot of front running on Tuesday.  That is, investors jumped into the stocks the day before the normally strong two-day period on the day before and the day after Thanksgiving Day as the chart below suggests, so Wednesday saw a bit of profit taking and the seasonal advantage lost some of its thunder.

       
                                    Chart courtesy of www.sentimentrader.com

Today is a short trading day for stocks as the markets close early.  There generally isn't anything major happening so we tend to see slight to modest gains but again, since Tuesday was so positive, Friday may not necessarily be up for a big day. 

Monday has a negative bias based on that chart but that's probably because there is usually is some profit taking from Wednesday and Friday's positive bias, but if there aren't any gains to be had, perhaps it won't play out the same way.


The SPY (S&P 500 / C-fund) broke out to a new high last week and Wednesday was just a quiet digestion day from those big Tuesday gains.  The question I have while looking at this chart is whether the new high will hold which, when it does, we tend to get a new leg higher.  If that 259 level fails, then we have a different story.

      
 

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
 


11/22/17

Stocks were FAANG'ed again on Tuesday as the top Tech stocks pulled the rest of the market up with them.  Small caps continue to bounce strongly off of its recent lows and the S&P 500 is now flirting with 2600.  The Dow gained 161-points, or 0.69%.  The Nasdaq led with those FAANG stocks having big days.
 
Daily TSP Funds Return

More returns

 

The market got an early start to its Thanksgiving rally although the Tuesday before does have a decent record, as shown below, but on Wednesday and Friday the bears usually are off eating turkey, or whatever bears eat.

       
                                    Chart courtesy of www.sentimentrader.com

The question I keep hearing is whether the Santa Claus rally has started already, but it's actually a little too early for that.  The market has been strong so it may buck the trend, but there's normally a lull in mid-December before Santa shows up.


The SPY (S&P 500 / C-fund) broke out to a new high on Tuesday and there is a bit more room on the upside before hitting that rising resistance line.  The next two trading days (Wed. and Fri.) have a pretty good seasonal breeze at their backs so that's a good possibility. 

      


The DWCPF (small caps / S-fund) gapped up and has made a beeline higher since briefly breaking below the 50-day EMA last week.  What a difference a day makes for the small caps which are are very dependent on the new tax plan eventually passing.  So keep an eye on the contentious Senate race in Alabama.  If democrat Doug Jones beats the beleaguered republican Roy Moore, it could pose more difficulties for getting the tax bill passed - unless they can get it passed before the winner is sworn in.

        


The Dow Transportation Index bounced higher with a 1% gain on Tuesday but it is still below some key resistance and forming a possible bear flag.

      


The EAFE Index (I-fund) was up on the day but closed off the highs after the large gap up higher.  There's some possible descending resistance near 69.50.

       


The AGG (Bonds / F-fund) was up slightly and it continues to trade in the narrowing apex between rising support and descending resistance.

       
 

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 Happy Thanksgiving!  I will be back on Friday with a brief update.

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
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
GovLoop
My Federal Retirement

Mobile Options
- TSP Talk Forum Apps

 
 
S&P 500 (C Fund)
S&P 500 INDEX,RTH (^GSPC)
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)
Source: https://finance.google.com/finance

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