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  1. Holiday trading


    7/05/12

    Stocks rallied again on Tuesday as the Dow gained 72-points in the shortened pre-holiday trading.

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  2. Bonds surge, and then sell

    The bond market was doing funny things yesterday, at least at the short end of the yield curve. The hourly chart of the 3-7 year T-Bond (IEI) below shows a gap up on huge volume, and then selling the rest of the day. SPX price did take a 10 point dip at the time, but recovered. Who was selling on strength? The 1-3 year T-Bond had money outflows of -512.65 in millions (SHY), the 3-7 year T-Bond had outflows of -362.60 in millions (IEI), and 7-10 year -342.89 in millions (UST). Was the government ...
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  3. Nice day


    7/03/12

    After a 2.5% to 3 % gain in the major indices on Friday, you'd expect some digestion and that's what we got, and a little more. The Dow saw a small 8-point loss but the TSP fund indices all did quite well.

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  4. Dipping dollar


    7/02/12

    Stocks rallied sharply on Friday as we had yet another wave of optimism out of Europe - if you can believe that. The Dow gained a hefty 278-points to end the 2nd quarter, and now the market heads into some positive holiday seasonality.

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  5. End of Quarter Surprise

    Stocks broke out to the upside in a big way last week. Pundits pointed out that the move was a result of Eurozone officials allowing Spain's banks to be directly recapitalized with bailout funds. This will occur once Europe sets up a single banking supervisor. Spain is also not required to take on more sovereign debt, which was viewed as a positive.

    An infusion of 120 billion euros to increase the European Investment Bank’s lending capacity didn't hurt the bullish case either. ...
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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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