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TSP Talk Sentiment Survey results for the week of 4/29/13- 5/03/13

Hold: The TSP Talk Sentiment Survey came in at 49% bulls, 38% bears, for a bulls to bears ratio of 1.29 to 1. That is a neutral reading in a bull market which means the survey system will remain in a 100% S fund allocation for the week of 4/29/13 - 5/03/13.

Bull market rules have been in effect since the week of 1/09/12:

See latest survey results

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Good morning



With a .45% intraday swing Wednesday held true to being a flat day typical of a Turn-around Tuesday recovery. Timing wise I still think the markets should pullback from here, but at the same time my market indicators that weigh overbought/oversold levels are not telling me we are due for a selloff, so it’s anyone’s game at this point. With the GDP numbers coming out this Friday, investors may either decide to step out or step in ahead of the numbers. ...

04/25/13

Stocks were mixed yesterday as the Dow lost 43-points, the S&P 500 and Nasdaq were flat, and the leading Transports and small caps did well.
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Good Morning

A higher close was had on Tuesday, therefore the Positive Friday & Monday Indicator executed successfully.. From Monday’s blog I wrote

“Looking ahead, I expect this market to resume prices to the upside within the next few days, but I do not expect the markets to make new 52 week higher highs because of the technical damage. From my perspective the downtrend remains intact under 1575 and I wouldn’t be surprised if we started to develop a 1550-1575 trading ...

04/24/13

Strange day yesterday. Stocks rallied strongly in the morning. plummeted in the early afternoon, and rallied into the close. The Dow gained 152-points, but it had to withstand a mini-crash caused by a tweet hacker.
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