Stocks were down on Tuesday after Monday's big rally. The lower low was an eye opener but when you look at the charts it could just be another bull flag forming. The Dow lost 85-points on the day and all of the TSP funds (except for G) lost ground.
I really appreciate your patience while I have been out of commission this week. I should be back in the office full-time
Ranking the indexes, from best to worst
#1 NASDAQ 100
#2 Wilshire 4500
#3 S&P 500
3rd trading of March SPX, 70% winning ratio with .46% average returns R2K, 65% winning ratio with .37% average returns AGG, 27% winning ratio with -.17% average returns
Wednesdays are dreadful…but slightly mixed
Updated 03-04-2015 at 08:30 AM by JTH
After the bears tried to take control at the end of last week, stocks opened higher on Monday and the bulls put their foot down and and told them, "not so fast!" The Dow gained 156-points and obviously the dip buyers are still lurking.
For the S&P 500, the last 100 times the 1st trading day of all months closed up, the 2nd trading day has a 60% winning ratio, with .12% average returns.
2nd trading day of March SPX, 40% winning ratio with -.05% average returns (last 2 closed up)R2K, 55% winning ratio with -.02% average returns (last 2 closed up)AGG, 27% winning ratio with -.13% average returns (last 2 closed down)
Updated 03-02-2015 at 10:05 PM by JTH
TSP Talk Sentiment Survey results for the week of 03/02/15- 03/06/15 The TSP Talk Sentiment Survey came in at 51% bulls, 32% bears. See latest survey results
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