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TSP Talk Sentiment Survey results for the week of 12/14/15 - 12/18/15

The TSP Talk Sentiment Survey came in at 51% bulls, 32% bears.

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Oil continues to spiral downward and investors have been using it as an indication, or an excuse, to sell. The energy sector is being taken down and being a major part of many indices, we are seeing a broad sell-off. The Dow lost 310-points on Friday and we saw losses near 2% across the board.

The Fed's FOMC meeting is Tuesday and Wednesday of this week with the Fed policy statement announced on Wednesday afternoon when we could see some fireworks.
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We are almost half way into December and so far stocks are dishing out anything but good cheer. For an economy that is "on the mend" this market seems to be quite bearish, currently. While it is true that the second half of December tends to be more seasonally positive than the first half, time is running out for the market to stage an end-of-year rally.

Up until Friday's significant sell-off, the major averages were seen as simply pulling back, which would set-up that seasonal rally, ...

It was quite the battle between the bulls and bears this week. Intraday choppy action was the consistent theme but with the sell-off in the price of oil on their side, the bears came out on top.

The recent selling in the oil market has dragged energy stocks down along with it effecting markets around the globe. Buyers pushed Thursday to keep weekly losses to minimum but after stocks opened down Friday morning there was no response by the bulls and the damage was done across the board. ...

Stocks had a nice day gains-wise on Thursday, but sellers did step up during the last hour of trading and turn a 200-point gain in the Dow, down to an 82-point gain by the close. Once again a negative intraday reversal in oil seemed to be the culprit.

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