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Stocks were up initially this week after Monday's rally but a devaluation of China's currency turned momentum around on Tuesday taking back Monday's gains. Stocks fell sharply early Wednesday but a big reversal put the S&P 500 back into positive territory by the close. The final trading days saw minimal movement in the market with modest gains on Friday to close out the week in positive territory.

We saw gains in the S and C-fund this week while the I-fund lagged down more than 1%. ...

What a day for stocks on Wednesday. After falling 277-points within the first hour of trading, the Dow climbed its way back into positive territory just before the close, before ending the day down 33 cents. The indices were mixed with the S&P 500 and Nasdaq closing in positive territory, while the small caps and Transports were in the red, but all rocketed off their lows producing positive reversal days.

You would think that momentum would be positive ...

After Monday's big rally, stocks tanked on Tuesday triggered by China's devaluation of the their currency, the yuan. The Dow lost 212-points and it has been down 7 of the last 8 trading days. Welcome to early August.

China devalued their yuan by 2%, which is actually a major move compared to prior moves - 5 times bigger than any other devaluations in the last 10 years. Why does this matter? It sent commodities and commodity related stocks sinking. Wheat, ...

Stocks opened higher on Monday and sustained the gains throughout the trading day closing near the highs. The Dow gained 242-points and the broader indices saw similar advances of about 1.3% or more.
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TSP Talk Sentiment Survey results for the week of 08/10/15 - 08/14/15

The TSP Talk Sentiment Survey came in at 37% bulls, 45% bears.

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