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  1. N. Korean scare doesn't last long

    What a day and it was a microcosm of the entire year. The bears got there time to shine but they are turned back yet again by the bulls as we saw some stiff early losses disappear, in some indices, by the close. The Dow lost 37-points but the S&P 500 nearly got back all of its early 12-point loss. Stocks rallied strongly into the close and we have to wonder if the FOMO traders (fear of missing out) are the ones calling the shots.

  2. North Korea issues end the Dow's streak

    Stocks were pushing into new high territory on Tuesday morning before things reversed course in early afternoon trading and we saw the new highs turn into modest losses by the close. The Dow lost 33-points on the day ending its long winning streak, and that's hardly a crisis. But as you'll see in some of the charts below the negative reversals on some of the charts could mean at least some short-term follow-though on the downside.

  3. The bears are still hibernating

    Stocks waffled at the open but caught a bid by late morning and the bulls continued to put the pressure on the bears who were absent once again, and the indices closed with slight to moderate gains. It was the lightest trading volume day of the year if we exclude the pre-holiday days before Memorial Day and the 4th of July. The Dow gained 26-points and the Nasdaq led on the upside.

  4. Jobs report exptends the Dow winning streak

    Stocks got an early boost from a better than expected jobs report. There was some profit taking after the initial opening spike, but the rest of the day saw a back and forth battle with the bulls grabbing a modest victory. There were 209,000 jobs added in July and the unemployment rate hit 4.3%. It looks pretty good but wages could have been better and the Fed was probably hoping to see more growth there.
  5. TSP Talk Weekly Wrap Up

    Stocks were mixed this week as we saw a slight gain in large caps with some losses in small caps. The S&P 500 (C-fund) traded in a tight range for the week despite catalysts from earnings reports and the jobs report Friday. Stocks seemed to have lost their momentum we've seen the past few months but this has not yet provoked stock owners to sell. It will be interesting to see what will be the spark of the next big move in the market; though algorithms will most likely decided that one.
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)