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TSP Talk Weekly Wrap Ups

Posted each Saturday

  1. TSP Talk Weekly Wrap Up

    The action this week was choppy but the last move was up on Friday to give the S&P 500 its second consecutive week of gains. The troubles in Turkey made investors question the health of the global economy and some argued this was an opportunity for stocks to do some correcting. That did not happen this week. We saw stocks fall Wednesday morning but investors shrugged that off quickly and the buyers came back in Thursday to push them back into positive territory for the week where they remained. ...
  2. TSP Talk Weekly Wrap Up

    Stocks reached their highs early this week, became mostly stagnant intra-week, and finished Friday with a sell-off to push large caps into negative territory. The sell-off Friday was credited to the fall in the Turkish currency after President Trump announced he would double steel and aluminum tariffs on Turkey. This caused trouble in foreign markets and then in U.S. stocks. Traders were running out of reasons to buy as earnings were wrapping up and we are in a slow part of the year for trading. ...
  3. TSP Talk Weekly Wrap Up

    U.S. stocks were up again for the week thanks to a rally in front and following the monthly jobs report. The trading action early in the week was choppy and mostly in negative territory; investors were hesitant to buy more than the previous Friday's close yet positive earnings reports kept traders from selling too much.

    The jump up in the price of Apple following the release of its earnings was the first big win for the bulls. More earnings reports, particularly from tech companies, ...

    Updated 08-05-2018 at 01:18 AM by TommyIV

    TSP Talk Weekly Wrap Ups
  4. TSP Talk Weekly Wrap Up

    The action this week was choppy for stocks and returns across indices were mixed. Earnings reports and partial trade deals kept investors' attention for the week. The U.S. and E.U. eased trade tensions this week with partial trade deals and hold off on tariffs were initiated. This pushed stocks up Wednesday but there is still a lot of possibilities ahead to keep investors questioning progress. For now the trade worries will be more exclusively turned towards China.

    Earnings reports ...
  5. TSP Talk Weekly Wrap Up

    More earnings reports were digested by investors this week with a majority being celebrated keeping stocks in positive territory despite more trade and monetary woes to stumble on. A few poor earnings such as from Netflix, American Express, and eBay added extra pressure to keep the S&P 500 to just a slight gain. Meanwhile the S and I-fund produced modest gains of under 1% with the I-fund leading the way.

    Fed Chairman Jerome Powell testified in front of congress again this week where ...
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