All Blog Entries

Stocks bucked the recent trend yesterday by rallying despite a move higher in the dollar, yields and oil. Perhaps it was positioning in front of the Jackson Hole Symposium as investors may be anticipating some dovish comments from the Fed on Friday or, with trading volume near the lowest levels of the year, it could be that traders have backed off while forced pension type buying kept the indices buoyant. Just a guess. The Dow gained 60-points and the S&P added a dozen, while small caps led ...

A negative open brought in some dip buyers yesterday, but that didn't last long and it was more of a grind for the bulls all day. The Dow lost 154-points and many indices closed in negative territory on the day, but the small caps and the I-fund eked out a gain. Bonds were up early but an ugly negative reversal seems to be hinting that yields are going to continue to move higher. The dollar pulled back and that changed up the pricing action in almost everything - except stock prices.
...

Stocks got smacked to start the new week and the bears are trying to take back control. The Dow lost 643-points on Monday and the S&P 500 has given back almost all of its August gains - it's still up about 0.2% for the month. Bonds were down and the dollar was up sharply putting pressure on the prices of just about everything. Can that continue as the dollar makes a double top?

...

Stocks accelerated their downside pullback on Friday after peaking last Tuesday at some key moving averages. The Dow lost 292-points, and we saw 2% declines the Nasdaq and the small cap, while the C and I-funds lost about 1.3% each. Bonds also took a loss as yields have been continuing to rebound after a false breakdown. The recent strength in the dollar is certainly adding some pressure to stock prices.

...

For the week ending 08-19-2022

This is my analysis of the weekly charts for the S&P 500, IWM, the VIX and 10-year yields. Premium subscribers also receive a daily commentary with the daily charts and my timing system’s signals for both TSP and ETFs outside of TSP.

Current YTD returns thru 08-19-2022:

TSP:
G fund: 1.57%
F fund: -9.39%
C fund: -10.39%
...