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TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Ups on Thrift Savings Plan funds performances and other market insights.

  1. TSP Talk Weekly Wrap Up

    Stocks produced more gains and another record high after spending most of the week below Monday's open. It seemed as though the bears were finally making their move and we were going to see a shift in the recent momentum. That was the case for the first half of the week but by mid-Wednesday the bulls were back in business and losses began to be erased. Good earnings reports from just a handful of mostly big name tech stocks shut the bears down Friday and the S&P 500 produced new highs and ended ...
  2. TSP Talk Weekly Wrap Up

    The relentless uptrend of stocks continued this week despite poor earnings reports and lackluster news on the road to tax cuts. Volume remains low through all of this so whoever is still trading seems to be buying while everyone else is holding tight to stocks until everyone else decides to sell. What will spark a sell off is uncertain. Bad news does not affect the market anymore with bad earnings reports and poor economic news stories being the case this week. Those who have ridden the trend has ...
  3. TSP Talk Weekly Wrap Up

    Stocks were mixed this week with low volume trading and low volatility. Large caps were up slightly while small caps pulled back amidst the anticipation of the tax cuts. Debatably, the tax cuts may already be priced in but the fear of being left out of a potential rally sparked from a tax cut deal is keeping traders from selling. However, reason to buy seem to be diminishing and the potential for a 'sell the news' reaction could have them leaning the wrong way when an announcement is made. Perhaps ...
  4. TSP Talk Weekly Wrap Up

    September's momentum carried into October. The first week of the new month marked the 4th consecutive week of gains for the S&P 500. Thursday set the longest record in 20 years with 6 consecutive closing highs for the S&P 500. Stocks pulled back on Friday after the first negative jobs report in seven years but some of the early losses were erased as buyers took control of the second half of the day to inch the index to just under flat.

    Employment in September's jobs report was expected ...

    Updated 10-07-2017 at 04:57 PM by TommyIV

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    TSP Talk Weekly Wrap Ups
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