Recent Blogs Posts

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Markets are spewing chunks and what was supposed to be the best month of the year, laid a big fat goose egg for many of the indexes.


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AGG
Ouch! Suffering the single largest O-column this year, AGG has met its bearish price objective. At this juncture, I won't venture to guess where the bottom is, but I will watch for a recapture of the 111.03 or 50% of the recent decline.


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SPX
Flipping ...

Stocks wobbled out of the gate on Wednesday after a much weaker than expected GDP report. Expectations were for +1.0% growth in the first quarter and it came out as +0.2%. The selling subsided in early afternoon trading as the Fed took the stage, but their take was that rate hikes are still on the table this year despite the weakening economy. Investors spent the rest of the afternoon trying to digest that info and the Dow closed down 75-points, which was actually about 100-points off ...

Stocks bounced back on Tuesday after a one-day pullback that took it below a key support line. After the initial morning sell-off yesterday, stocks came right back but spent the rest of the day in a tight range as we wait for the FOMC meeting to conclude this afternoon. The Dow gained 72-points and we saw positive reversal days across the board.

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Stocks opened higher on Monday morning, but could not hold onto those gains as the indices drifted lower throughout the day. The losses weren't extreme as the the Dow lost 42-points, but it was pretty broad selling with all of the major indices losing ground.

There is an FOMC Meeting on Wednesday and investors are always nervous before any talks about interest rates, but if you haven't noticed, Janet Yellen has been very accommodating to the market since ...

TSP Talk Sentiment Survey results for the week of 04/27/15- 05/01/15

The TSP Talk Sentiment Survey came in at 50% bulls, 31% bears.

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