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  1. Hitting Resistance

    Since testing and bouncing off an important line of support the previous week, the S&P 500 is fast approaching a declining line of resistance.

    C-S-I funds-spx-jpg

    We can see that price pulled back a bit on Friday, just shy of testing that line of resistance. Since peaking at the beginning of March, price has stair-stepped lower as we enter April. Overall though, price is not all that far from its peak and the longer term remains bullish as price remains above ...
  2. TSP Talk Weekly Wrap Up

    Stocks were up this week saving March from being a total disappointing month for stocks. This push by the bulls on the last week of this month put the C-fund into positive territory and gave the S-fund an impressive comeback to fall just short of an even return for March. In the end March was good for stocks; the establishment and successful testing of key technical support lines gave the indices some stability as we move forward. Talks of tax reform policies as well as the upcoming earnings season ...
  3. Oil and financials lead again, but nearing resistance

    The bulls took charge early on Thursday, after a slightly weak open. By the close the Dow had added 69-points with the three major indices all gaining near 0.3%. The Transports led with a 0.8% gain while the small caps added 0.5%, and the I-fund was held back by another rally in the dollar.

  4. Retail, oil up. Financials down

    Stocks were mixed on Wednesday with the Dow down 42-points as financials were a bit of a drag on the large caps. The S&P, Nasdaq, and small caps all posted small to moderate gains. Retail stocks did well and on the NYSE there were close to 2 stocks up for every one down so the loss in the Dow wasn't telling the story.

  5. Follow-through

    Stocks opened lower on Tuesday and the Dow was down and in jeopardy of having its longest daily losing streak in almost 40 years. But it didn't take long for the dip buyers to jump in and follow through with Monday's positive reversal and send the indices sharply higher for the day. The Dow, S&P 500, and small caps all gained about 3/4 of a percent, while the I-fund lagged a bit with a rebound in the dollar.

S&P 500 (C Fund)
DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)
EFA (I Fund)
iShares MSCI EAFE Index (EFA)
AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)