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The market rallied on Thursday and Friday, taking the indices and funds into positive territory for the week after the slow start. Friday's action was mixed as the Dow and S&P 500 were
Congressmen Seek Answers on Apple iPhone Privacy Controversy
By Jack B. Winn
Wall Street may be singing Apple's praises, but the House of Representatives is hardly an evangelist.
In a joint press release issued today, Energy and Commerce Committee Ranking Member Henry A. Waxman and Commerce, Manufacturing, and Trade Subcommittee Ranking Member G. K. Butterfield sent a letter to Apple
Trading turned mixed after yesterday's breakout day, which was not unusual. Also, our sentiment survey remained in a buy condition for next week with 47% bulls at 43% bears.
I see no reason for this market not to continue its march higher, but we could hit some bumps in the road now that OPEX is behind us. I anticipate I'll be posting a couple of blogs over the weekend, including the tracker charts. I'm off to a birthday party shortly. Be safe and have a great weekend.
Just when we thought the market was about to start to pullback, we get a big rally triggered by another better than expected weekly employment report. The Dow gained 123-points and we saw new multi-month highs on many indices. Is this a sucker rally before the pullback?
For the TSP, the C-fund was up 1.12% yesterday, the S-fund gained 1.71%, the
TSP Talk Sentiment Survey results for the week of 2/21/12- 2/24/12
Buy: The TSP Talk Sentiment Survey came in at 47% bulls, 43% bears, for a bulls to bears ratio of 1.09 to 1. That is another buy signal in a bull market which means the system will remain 100% S Fund for the week of 2/21/12 - 2/24/12.
Bull market rules are in affect since the week of 1/09/12:
See latest survey results
To discuss or comment on the Sentiment Survey, go