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Petition to Increase # of Interfund Transfers!
One of our members has created a petition to request an increase in the # of IFTs we can use per month.
Please Sign the Petition
... and pass it along to anyone you know who may be interested. Apparently you don't have
to be a government employee or a military member to sign. (Discuss Here). Thanks!
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TSP Talk Sentiment Survey results for the week of 10/15/12- 10/19/12
Buy: The TSP Talk Sentiment Survey came in at 45% bulls, 45% bears, for a bulls to bears ratio of 1.00 to 1. That is a Buy signal which means the system will move to a 100% S fund allocation for the week of 10/15/12 - 10/19/12.
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
Earnings season got off to a rocky start yesterday as Alcoa beat estimates modestly, but their less than exciting forward guidance sent the stock down 5% and took the Dow (-129) with it. Fortunately for the bulls, the other indices weren't hit quite as hard, but they still closed down on the day.
Stocks continued to pull back from their post-jobs report early spike on Friday, and while the Dow (-110-points) and S&P 500 (-14) are still in uptrends, we are seeing some downtrends in some indices.
Stocks were mixed for a second day in a row after Friday's surprise jobs report. The Dow gained 35-points on Friday and lost 27 on Monday, but the S&P 500, Nasdaq, and small caps were each down on both days.
These TSP fund share prices are from Friday's close since we did not get updated share prices after Monday's federal holiday.
Per www.tsp.gov: Some financial markets will be closed on Monday, October 8th in observance of the Columbus Day holiday. The Thrift Savings Plan will also be closed. Transactions that would have been processed Monday night (October 8th) will be processed Tuesday night (October 9th), at Tuesday's closing share prices.