TSP Talk Blog

The rally continues

The rally that started the week before Christmas is still alive and well, helping 2012 get off to a great start. Momentum has been strong and it’s not usually a good idea to get in its way, but we are seeing signs that the market may be ready for a little rest. In a bull market however, the pullbacks tend to be benign and should be a buying opportunity for anyone who may have missed the action.

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1/20/12

The rally continued as the Dow gained another 46-points yesterday. That's 16 positive days in the last 20, or 4 down days in the last 4-weeks as we head into the thick of the 4th quarter earnings season.


For the TSP, the C-fund was up 0.50% yesterday, the S-fund gained 0.59%, the I-fund added 0.68%, and the F-fund (bonds) lost 0.20%. ...

TSP Talk Sentiment Survey results for the week of 1/23/12- 1/27/12

Buy: The TSP Talk Sentiment Survey came in at 49% bulls, 42% bears, for a bulls to bears ratio of 1.20 to 1. That is a fresh buy signal in a bull market which means the system will remain 100% S Fund for the week of 1/23/12 - 1/27/12.

Bull market rules are in affect the week of 1/09/12:

See latest survey results

To discuss or comment on the Sentiment Survey, go to Sentiment Survey ...

I often mention open gaps in my commentary and once in a while I get a question about them.

While screening some stocks this morning I found a couple of good examples of gaps on the chart of Sears Holdings (SHLD).

Like a magnet, open gaps are serious potential targets to be filled. And once they do get filled, that can be an area of strong resistance like we saw here in late October (or support depending on the direction of the open gap.)

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1/19/12

Stocks opened higher yesterday and they broke their recent trend of moving against the initial morning direction. The indices managed to hold onto those gains, and close near the highs. The Dow finished the day up 97-points.



For the TSP, the C-fund was up 1.13% yesterday, the S-fund gained 1.62%, the I-fund added 1.25%, and the ...