Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
iPhone Forum App | Android Forum App |
Forum Runner App |
TapaTalk Forum App
Mobile Styles for MB | TSP Talk Toolbar
* - Politics Forum Thread (How to Gain Access)
$ - Premium Service Content (Info)
Find us on: Facebook & Twitter | Forum Apps | TSP Talk Toolbar | Posting Copyrighted Material
For one of the few times this year, the market just looked tired yesterday. Dip buyers showed up mid-day, but they could not keep the indices up. The losses were minor and at this point, even the bulls probably would welcome some lower prices to buy later.
For the TSP, the C-fund was down 0.33% yesterday, the S-fund lost 0.58%, the I-fund fell 0.65%,
The last buy signal issued by the Seven Sentinels came on 12/22/2011. And that signal lasted for two months and logged significant gains before today's downside action flipped the system over to an intermediate term sell condition.
This sell signal does not necessarily mean we head lower immediately, but it is designed to get one properly positioned for the intermediate term trend, which should now be pointing lower.
Stocks struggled for direction yesterday as the strong open quickly failed. The dip buyers showed up but could not hold the gains. A late rally took the indices off of their lows, and in the case of the Dow and S&P 500, closed in positive territory.
For the TSP, the C-fund was up 0.07% yesterday, the S-fund lost 0.53%, the I-fund gained 1.02%, and
I didn't have a lot of time to listen to any financial news today, but what little I did hear appeared to center on the DOW possibly pushing past the 13,000 mark. It did manage to do that today, but it couldn't hold that level into the close.
The Seven Sentinels remain in a buy condition, but the signal is not exactly robust. Still, a buy signal is a buy signal. One thing that is robust though, is the market. And it's not easy to gauge
Stocks were mixed on Friday as the Dow saw a healthy 46-point gain and the S&P 500 picked up 3-points, but the market leaders - Dow Transports, the Nasdaq, and small caps - were all down on the day.
For the TSP, the C-fund was up 0.24% on Friday, the S-fund lost 0.17%, the I-fund added 0.17%, and the F-fund (bonds) slipped 0.01%.