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TSP Talk Blog

This and that about the market, the TSP, maybe some politics, and life.

  1. Post holiday... reversal?


    I hope everyone enjoyed their holiday weekend. I did something I hadn't done in a long time, if ever - I didn't sign onto the site in anyway for over 2+ days. I needed the break but it was more of a mistake as my server in my office went offline and I couldn't communicate with it like I normally do when I'm away. It looks like everything survived, so let's get to work...

    Stocks showed us some typical, light volume, slightly positive biased action on Friday as the Dow gained
    ...
  2. Holiday slowdown

    Stocks saw a light volume mixed to flat day on Thursday as the Dow lost 23-points, the S&P was flat, the Nasdaq was up a half dozen points, and small caps slipped about 0.2%. The holiday trading atmosphere is here and the historical bias leading up to the holiday is slightly positive.

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  3. Rally day #2


    Stocks rallied for a second day on Wednesday as the Dow added another 145-points. The question on investor's minds is whether this is for real or if it is one of the pre-holiday reversals that we often see before a major holiday? You know, the ones that reverse back after the holiday?

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  4. Buyers step up... for one day, anyway


    Stocks rallied at the open on Tuesday, and never looked back. There was a little selling into the close to take the indices off their highest levels of the day, but the 213-point gain tells the story. Some descending resistance was broken, but it was the 8th consecutive day of alternating losses and gains, so does that mean today will be down?

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  5. Stalemate as bears take early gains away


    Stocks chopped around in a tight range for most of the day on Monday, but closed near the lows. The bulls would pop the indices higher, but the bears swatted them back down. By the close stocks were down very slightly with the Dow slipping 8-points. Volume was light and as folks on Wall Street might say, yesterday was a waste of cab fare and a clean shirt.

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