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  1. Post Rally Action

    You've been seeing how the market has been chopping around, often closing with mixed results before popping to the upside the past few weeks. Well, that's still the trend. After yesterday's pop, which was preceded by choppy, mixed action, the market has settled back into a largely sideways pattern. One thing to recognize however, is how much stronger the Wilshire 4500 (S fund) has been relative to the S&P 500 (C fund). As of yesterday's close the Wilshire 4500 is up 9.71% not counting today's modest ...
  2. Meet the new month...


    Same as the old month. February starts off with a bang as we saw the Dow up over 150-points during the first hour of trading in the new month. The Dow and S&P did lose some steam late in the day finishing up < 1%, but small caps and the international stocks held onto big gains.

    For the TSP, the C-fund gained 0.91% yesterday, the S-fund ...
  3. Another Pop

    I had mentioned yesterday that I expected this market to pop higher after the sideways, mixed action we had been seeing and sure enough it popped. The move was strong and sustained too.

    Since I'm getting to the computer late tonight, I'm not going to post the charts, but every one of them is on a buy after today's action, which is hardly a surprise. And I have no reason to believe we can't go higher unless sentiment gets too bullish, and I don't think that's a problem yet either. ...
  4. Pop, drop, and a grind


    Stocks opened sharply higher yesterday, but quickly sold off the rest of the morning. The indices found support just before noon where buyers slowly took them back toward the break even level by the close. The Dow lost 21-points.

    For the TSP, the C-fund lost 0.04% yesterday, the S-fund dipped 0.02%, the I-fund was up 0.40%, and the F-fund (bonds) ...
  5. Downside Remains Limited

    More choppy sideways action and another mixed close. Market chop has eventually given way to rallies during the month January, so I'm beginning to think this market is waiting for a catalyst to move higher once again. We could use some selling pressure, but buying opportunities have been largely pounced on during intraday trading. We TSPers have had little opportunity to get positioned lower; assuming one has any IFTs.

    The Greece situation hasn't changed and Portugal is standing by ...
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)