View RSS Feed

All Blog Entries

  1. Charts Remain Bullish

    I don't have time to do my usual blog tonight, but I did take a look at the charts. All seven signals remain in buy conditions and as a whole they continue to look bullish. That means the system remains in a buy condition.

    I'll post my regular blog tomorrow.
  2. T/A - Nice Gap Example

    I often mention open gaps in my commentary and once in a while I get a question about them.

    While screening some stocks this morning I found a couple of good examples of gaps on the chart of Sears Holdings (SHLD).

    Like a magnet, open gaps are serious potential targets to be filled. And once they do get filled, that can be an area of strong resistance like we saw here in late October (or support depending on the direction of the open gap.)

  3. The squeeze is on


    Stocks opened higher yesterday and they broke their recent trend of moving against the initial morning direction. The indices managed to hold onto those gains, and close near the highs. The Dow finished the day up 97-points.

    For the TSP, the C-fund was up 1.13% yesterday, the S-fund gained 1.62%, the I-fund added 1.25%, and the
  4. Bears Ambushed Again

    I may have a sizable cash position in my TSP account while this market is rising, but at least I'm not silly enough to short a rising market. But that's largely what drove today's outsized gains today as the bears got squeezed into the close.

    Mr. Duke's Fund Update-polar-bear-jpg

    There wasn't all that much bullish news either, unless one thinks the International Monetary Fund increasing its lending capacity between $600 Billion and $1 trillion is somehow bullish. Or maybe news ...
  5. Tight closes

    Stocks continued their recent trend of fading the open. After a strong pop higher at the open yesterday, stocks drifted lower for the rest of the day, holding onto just modest gains. The early 150-point gain in the Dow turned into 60-points by the close.

    For the TSP, the C-fund was up 0.35% yesterday, the S-fund gained 0.23%, the I-fund jumped 1.56%,
S&P 500 (C Fund)
DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)
EFA (I Fund)
iShares MSCI EAFE Index (EFA)
AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)