Market Comments April 9, 2009   TSP Fund share prices as of: 04/08/09 Fund - G Fund F Fund C Fund S Fund I Fund 12.8291 12.6003 9.6206 11.4260 12.6612 $  Change - 0.0009 0.0324 0.1123 0.2011 0.0865 % Chg day - +0.01% +0.26% +1.18% +1.79% +0.69% % Chg wk - +0.09% +0.27% +1.24% +2.45% +2.10% % Chg mon - +0.06% +0.03% +3.53% +4.53% +4.80% % Chg 2009 - +0.69% +0.16% -7.80% -6.40% -11.18%   L2040 L2030 L2020 L2010 L Income 11.6753 11.9275 12.2895 13.5989 12.6736 $  Change - 0.1127 0.1009 0.0855 0.0453 0.0316 % Chg day - +0.97% +0.85% +0.70% +0.33% +0.25% % Chg wk - +1.49% +1.32% +1.11% +0.54% +0.44% % Chg mon - +3.36% +2.95% +2.46% +1.16% +0.85% % Chg 2009 - -6.52% -5.51% -4.43% -1.69% -0.87%

Today's Comments (Short Term Outlook)                               Printer  friendly

Special Notice for April 10: Because some of the stock and bond markets will be closed Friday, April 10, we will not be updating share prices in any of the TSP funds for that day. Consequently, transactions will not be processed until the following business day (that is Monday, April 13). Hanging on Stocks rode a rollercoaster yesterday, dancing above and below the break-even level several times before a late rally brought the Dow back into positive territory.      The action was actually quite dull but the late rally gave the S&P 500 a gain of over 1% by the close.  Small caps did even better, although both only made about half of what they lost on Tuesday. The trend remains down but the market is hanging on.  This slow decline off of the recent highs looks primed for a big move one way or the other, but with today being the day before a market holiday, and next week being laden with earnings reports, who knows what will happen.  I suspect volume will be very light.                   Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk The latest Investors Intelligence Advisor Sentiment survey moved up toward the 1 to 1 bulls to bears ratio.  We have found that when this ratio gets to 1 to 1 or higher in bear market, it can be a sign of over bullishness and the market has some trouble moving higher.                    Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk Our TSP Talk Sentiment Survey, which we posted a day early because of the holiday Friday, was taken a few days after the one above, and because of the recent market weakness, came in a little more bearish.  The bulls (35%) to bears (47%) ratio was 0.74 to 1, which is neutral and keeps the system on a sell signal for next week.   That's all I have for today.  Thanks for reading.  Depending on what happens today, I may or not update the market commentary for Friday since the market will be closed.  If that's the case, enjoy your Easter weekend and I'll see you back here on Monday. Administrative Note:  Access to Scribbler's TSP & Economic Report premium service will be available free of charge during the month of April.  To gain access you will need to set up a free premium service login, if you don't already have one, as you will have to login to gain access.  Please click here for more information.