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Stocks rallied last week after a bullish "V" like reversal on Monday. The situation in the Ukraine continues to hold investors back on Fridays out of fear of an escalation over the weekend. Even a strong jobs report could not keep the major indices in the green for the day, but all of the TSP funds ended the week in positive territory.




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TSP Talk Sentiment Survey results for the week of 05/05/14- 5/09/14

The TSP Talk Sentiment Survey came in at 50% bulls, 35% bears.

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Estimates: +210,000 with unemployment rate of 6.6%

Actual: +288,000 with unemployment rate of 6.3%


It's a little misleading and the market isn't soaring on the data. The +288,000 is impressive plus there were solid upward revisions in Feb. and March, but 806,000 people left the work force (no longer part of the unemployment # equation) - the most ever since they started keeping track of that, and that accounts for the 6.3% unemployment rate. And when 800K ...

Stocks were mixed on Thursday and we finally saw the small caps and Nasdaq outperform the Dow and S&P 500. The Dow lost 22-points so perhaps investors were doing some bargain hunting, buying up the stocks that have been beat up.
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Stocks remained tentatively higher before yesterday's FOMC meeting, and after the policy statement was announced, we saw a modestly positive reaction into the close. The Dow ended the day up 45-points, which is actually put it at a new all-time closing high, while small caps finally outperformed.

All of that despite a disappointing GDP report which came in at 0.1% ...