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TSP Talk Sentiment Survey results for the week of 9/17/12- 9/21/12
The TSP Talk Sentiment Survey came in at 44% bulls, 46% bears, for a bulls to bears ratio of 0.96 to 1. That is a buy signal which means the system will remain 100% S fund for the week of 9/17/12 - 9/21/12.
Bull market rules have been in effect since the week of 1/09/12:
See latest survey results
To discuss or comment on the Sentiment Survey, go to Sentiment Survey Talk
Stocks hung in there another day waiting for today's Fed policy announcement. The Dow gained 10-points and most major stock indices closed slightly higher.
Stocks rallied early yesterday, and held onto to some decent gains into the close. The Dow gained 69-points on the day.
Stocks rolled over late Monday and the Dow, which was flat for most of the day, closed down 52-points. We were due for a pullback so this is not a surprise, but I'm seeing some signs of short to intermediate-term trouble.
Stocks rallied modestly on Friday, despite a weaker than expected jobs report. The Dow gained 14-points - following up on Thursday big gains.