For the TSP, the C-fund fell 0.15% yesterday, the S-fund lost 0.51%, the I-fund dropped 0.32%, and the F-fund (bonds) added 0.03%. 

The S&P 500 is on pause taking a needed rest.  There is resistance above and the 20-day EMA was nearly tested yesterday.  A test of the 20-day EMA may be all that this market needs to regain the energy to breakout to new highs.  The one-week consolidation has investors nervous again, and that may be key to a possible breakout next week.

                         
                        Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk

Oil is now above $110 and this is getting very concerning.  Stocks have stalled with oil up this high and whether it is related, I don't know since the stock market needed a break anyway.  But how high can oil go before stocks say 'no mas'? 

                         
                        Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk

Surprisingly, the TSP Talk Sentiment Survey moved back to a buy signal just one week after the first sell signal of the year.  The 1.07 to 1 bulls (44%) to bears (41%) ratio is below the 1.25 buy level so the system's allocation moves from 100% G-Fund to 100% S-Fund, for next week.

                        

The kids are on spring break, I'm going out of town this morning, and I am ready to start my weekend so I am going to cut this short today.

Thanks for reading!  Have a great weekend.