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After the "No" vote in Greece, the emotional Monday morning trading took over and we saw the stock indices gap open lower. As is typically the case, emotional gaps tend to start to close rather quickly, and after all was aid and done stocks ended the day with just modest losses. The Dow lost 47-points.
I am on the road this week and as I have whined about before, I have a difficult time adjusting from my 4 large monitor setup in my office to a 15"
TSP Talk Sentiment Survey results for the week of 07/06/15 - 07/10/15
The TSP Talk Sentiment Survey came in at 52% bulls, 30% bears.
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Stocks opened higher again again on Friday, but as we have seen often over the last couple of weeks, early gains are having a difficult time holding. There was some tentativeness heading into the long holiday weekend, and with Greece's referendum pending, and some potential homeland holiday threats reported, you can understand why. The Dow lost 28-points, while small caps were down more sharply, and international stocks we
Happy Independence Day, everyone!
The TSP stock funds had a negative day on Monday with all of them posting >2% losses triggered by troubles in Greece when withdrawal limits were put on Greek bank accounts . Stocks opened higher Tuesday but closed off the highs as investors sold into the close, but rallied on Wednesday after a potential deal between Greece and the IMF satisfied this headline driven market.
Jobs Report Disappoints, Participation Rate Falls to Lowest Since 1977
+223,000, unemployment 5.3%
Jobs Report Disappoints, Participation Rate Falls to Lowest Since 1977 - Bloomberg Business