TSP Talk Blog

5/24/12

Stocks opened sharply lower yesterday, but an early 190-point decline was erased and the major indices closed mixed with the Dow losing 7-points, and the S&P 500 and Nasdaq closing up on the day.

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5/23/12

The Dow dropped a couple of points yesterday as an afternoon sell-off gave back all of the earlier gains, but it took a very late 50-point push higher just to bring it back to near break-even on the day.

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5/22/12

Stocks finally found some support and rallied on "renewed optimism that European leaders would find a way out of the sovereign debt crisis." Whatever - it was relief rally due and the Dow gained 135-points, closing at the highs of the day.
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5/21/12

Stocks tried to rally on Friday but once again, investors did not seem too excited about holding over the weekend with things rapidly deteriorating in Europe. By the close, the Dow lost 73-points, making it 6 consecutive losing days.

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Worst week of the year

The stock market and the TSP stock funds experienced a precipitous decline last week with barely a notice of any kind of relief rally. The buyers have gone on vacation apparently, while the trouble in Europe dictates the action.



Here are the TSP fund returns for the week of May 14 through 18.

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