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TSP Talk Sentiment Survey results for the week of 06/23/14- 06/27/14

The TSP Talk Sentiment Survey came in at 60% bulls, 26% bears.

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Stocks slipped early but the midday buyers showed up again and the indices closed near their highs of the day. The Dow gained 15-points, and all of the TSP stock funds closed at all-time high prices.
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Stocks were flat to lower leading up to Wednesday's FOMC policy statement, but investors seemed to like what they heard from the Fed and the indices exploded upward into the close. The Dow ended the day up 98-points and we saw some indices move back into new high territory.
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Stocks opened lower on Tuesday, but the buyers stepped up and most indices closed in positive territory while bonds declined. The Dow gained 27-points and stocks have been up for three straight days, making it appear that buying the recent dip was the way to go.
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As we suspected, stocks opened lower on Monday after the futures showed investor concern over the situation in Iraq. We saw a little battle between the bulls and bears, and by the close it was basically a flat with a slight edge to the bulls. The Dow gained 5-points and the broader indices saw minor gains as well.

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