TSP Talk Blog

1/20/12

The rally continued as the Dow gained another 46-points yesterday. That's 16 positive days in the last 20, or 4 down days in the last 4-weeks as we head into the thick of the 4th quarter earnings season.


For the TSP, the C-fund was up 0.50% yesterday, the S-fund gained 0.59%, the I-fund added 0.68%, and the F-fund (bonds) lost 0.20%. ...

TSP Talk Sentiment Survey results for the week of 1/23/12- 1/27/12

Buy: The TSP Talk Sentiment Survey came in at 49% bulls, 42% bears, for a bulls to bears ratio of 1.20 to 1. That is a fresh buy signal in a bull market which means the system will remain 100% S Fund for the week of 1/23/12 - 1/27/12.

Bull market rules are in affect the week of 1/09/12:

See latest survey results

To discuss or comment on the Sentiment Survey, go to Sentiment Survey ...

I often mention open gaps in my commentary and once in a while I get a question about them.

While screening some stocks this morning I found a couple of good examples of gaps on the chart of Sears Holdings (SHLD).

Like a magnet, open gaps are serious potential targets to be filled. And once they do get filled, that can be an area of strong resistance like we saw here in late October (or support depending on the direction of the open gap.)

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