View RSS Feed

All Blog Entries

  1. Stocks tack on gains, but reverse as oil slows them down

    Stocks were doing just fine for most of the day yesterday, but at about 2:30 PM ET President Trump said that he planned to announce his decision on the Iran nuclear deal today, and that triggered some selling in the energy stocks, which pulled the market down with it. The Dow, which was up about 200-points in early trading, ended the day up 95-points, which as actually nearly 100-points off the lows as it had dropped to the break even point after that announcement. The late push higher put the ...
  2. Goldilocks jobs report and Buffett spring stocks

    Stocks opened sharply lower on Friday morning after a weaker than expected jobs report, but when the notion that weak employment may ease inflation and interest rate talks sunk in, everything reversed to the upside. It was big day for the major indices as the Dow gained 332-points but trading volume was surprisingly light so the bulls have a little more to prove early this week as the charts hit resistance.

    ...
  3. TSP Weekly Wrap Up

    Stocks made a full circle last week starting with some nice early gains to open on Monday morning but those highs on Monday ended up being the highs for the week. By early Thursday we were hitting the lows for the week but some buying late Thursday turned into a big post jobs report rally on Friday, and the S&P 500, which was down over 2.5% at one point, closed down just 0.25% for the week.




    The
    ...

    Updated 05-05-2018 at 01:39 PM by TommyIV

    Categories
    TSP Talk Weekly Wrap Ups
  4. April Jobs Report

    Nonfarm payrolls increased by 164,000 in April, vs 192,000 jobs expected

    • The unemployment rate fell to 3.9 percent in April, an 18-year low, even as nonfarm payrolls rose by just 164,000, the BLS says.
    • Economists surveyed by Reuters had expected payroll growth of 192,000 and the jobless rate to drop by one-tenth of a percent to 4.0 percent.
    • The closely watched average hourly earnings number rose by 4 cents, equating to a 2.6 percent annualized gain, a shade less than expected.
    ...
    Categories
    Miscellaneous
  5. The 200 Day Average holds again

    The intraday swings continue to be quite wide, and if you don't like what you're seeing in the market in the morning, just wait until the afternoon or close to see if you like it better. The Dow was down almost 400-points at the lows on Thursday so it was a major positive reversal day since it closed in positive territory. The other major indices were all down on the day, but each saw impressive positive reversals.

    ...
S&P 500 (C Fund)
S&P 500 INDEX,RTH (^GSPC)
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)
Source: https://finance.google.com/finance