All Blog Entries

Stocks opened higher on Monday and the indices were sailing into late morning with solid gains, but we did see some selling in the afternoon, especially in the lofty S&P 500 and Nasdaq. Small caps were leading the way again and they held onto a good portion of their gains, closing just off their highs. Yields were mostly flat and the dollar was up slightly and that kept the F and I-funds near the flat line as well, but still positive.

...

The Dow closed lower on Friday as 7 of the 8 heaviest weighted components in the Dow were down, but the smaller, broader market indices, as well as big tech, did do quite well. The Nasdaq and small caps outperformed with gains over 1% on Friday, and it was good to see big tech and the smaller companies on the same page for a change. Bonds were down as yields ticked up again, and the I-fund lagged US stocks, posting just a modest gain of 0.18%.

...

The S-fund gave us an early buying opportunity early this last week, and we missed it. The market pulled back this previous Monday with all of the TSP funds outside of the G-fund starting their week with a loss. The worst of the damage came from the S-fund's 1.29% loss, this becomes more significant considering the C and I-funds' Monday losses were under 0.5%. But this S-fund Monday stumble turned out to be the best buying opportunity for the week. TSP investors who bought the S-fund on ...

Despite a move higher in yields, stocks were mostly positive yesterday, and this time small caps not only played along, they led on the upside. The S&P 500 tagged 5000 but closed a couple of points below the milestone. Earnings released after the bell yesterday weren't great but none of the names were big markets movers.

...

The media was falling all over itself about the S&P 500 flirting with 5000. I really wish it would have touched it so we could look past the celebratory hype. It's a big number and a sign that the large caps are acting quite well, but the rest of the market needs to catch up or it will all be for naught. The S and I-funds lagged and bonds (F) were down as yields held near support. The news flow is slow so it's all about 5000 right now.

...