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  1. Another Gain, But Momentum May Be Waning

    by , 08-31-2011 at 05:23 PM (Coolhand's Market Analysis)
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    For the seventh time in eight sessions, the broader market advanced. And while the trading session saw significant buying pressure early on, sellers made their presence known before the first hour of trading was complete. The selling wasn't intense, but it did come in waves and it was persistent in spite of several attempts to take the market higher. Near the end of the trading day stocks were in the red, but shortly before the close the bulls took the ...
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  2. Bulls enjoy the pre-holiday rally

    by , 08-30-2011 at 08:23 PM (TSP Talk Blog)
    08/31/11

    Stocks were a little schizophrenic yesterday as we saw the indices jump above and below the break even mark a few times before the Dow settled up 21-points.


    Another weak consumer confidence report sent stocks reeling early, but investors seem to want to believe that the Fed still has QE3 on the table, and that kept buyers in the game.
    ...
  3. Bulls Win Again

    by , 08-30-2011 at 05:04 PM (Coolhand's Market Analysis)
    Yesterday, I had said that I expected some selling pressure very soon based on TRIN and TRINQs overbought readings, but that I anticipated the downside would be limited. Well, we got the selling pressure, and the downside was limited. I also said weakness should probably be bought, but that we may not get a chance to buy the dip. We didn't.

    Be that as it may we are coming up on the end of the month and it's holiday weekend with Monday being Labor Day. I doubt the market does much ...
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  4. Bulls take charge

    by , 08-29-2011 at 08:46 PM (TSP Talk Blog)

    08/30/11

    Stocks rallied sharply yesterday as the Dow gained 255-points, following up with Friday's big gains. The light pre-holiday volume will make it easier for the bulls or the bears to push things around. Yesterday the bulls took control.

    For the TSP, the C-fund was up 2.84% yesterday, the S-fund jumped another 4.23%, the I-fund gained 1.92%, and the F-fund (bonds) lost 0.24%.

    ...
  5. Hard to Argue With That

    by , 08-29-2011 at 07:11 PM (Coolhand's Market Analysis)
    I'm going to make this quick this evening and go right to the charts:

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    On Friday I said that I believed both NAMO and NYMO had more upside potential, which was primarily a function of momentum, and today we got more upside in spades. Now they're looking toppy, but I'm loath to be too bearish here because these signals can work their way lower without the market giving back substantial gains and today's action put an exclamation point on ...
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S&P 500 (C fund)
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Dow Completion (S fund)
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EFA (I fund)
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Bonds (F fund)
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