TSP Talk Weekly Wrap Ups

Stocks catch some wind after a shaky start to a short week pushing the S&P 500 to another record level. It was all green across the board for the TSP funds this week with the credit given to Friday's action. Heading into Friday, the S-fund was the only fund (aside from the G-fund) starting the day in positive territory for the week. Friday was the start of a new month and a new quarter which gave merit to the buy button. A rebound in tech stocks carried a lot of weight for the indices. Credit ...

Stocks were mixed by the end of the week but shared the theme of inconsistency. Large money managers are moving their large sums of money around as the quarter winds down. The effect is rotation among stocks and between stocks and bonds all without too much reasoning. Retail investors are doing their best to keep up day to day while analysts struggle to tie reason and headlines to the market's random walk. The most interesting action came in the last hour or two of trading Friday when stocks ...

Stock prices slipped for the week but the action was erratic. There was no definite course for price moves this week and it was a late sell-off Thursday that pushed indices under water; but even that sell-off did not have a follow through Friday. Investors have been transfixed by long-term bond yields that carry a different weight for different investors. Some worry about it effects on the Fed's monetary policy who are looked to be responsible for keeping the market stable. Fed Chairmen Jerome ...

Stocks broadly rallied this week to climb out of a the previous weeks' volatile rut. The rise in bond yields had investors retreating out of stocks, particularly tech stocks, spooked by the possible implications of a safer asset growing more attractive. Now investors are moving back into stocks despite the yields reaching highs of the past year. The signing of the federal stimulus bill and the beginning of money being sent out has investors wanting to be invested when some of that stimulus ...

The recent changes to the market environment has left investors lost. Volatility picked up this week and the direction of equity prices is divergent day to day and index to index. The week started with a rally but the optimism slipped for most of the week and even more when investors were not settled when Jerome Powell basically signaled the Fed has no plan to intervene in the bond market and the central bank is satisfied with the inflation rate. The week ended with a rally the later half ...