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Stocks bounced around again yesterday and when the music stopped, the indices were mixed but the Dow's 37-point gain made it 11 straight days of down - up - down - up... closes.
For the TSP, the C-fund was up 0.46% yesterday, the S-fund gained 0.34%, the I-fund fell slipped 0.06%, and the F-fund (bonds) gave up 0.04%. The S&P
For the 10th consecutive day the Dow has alternated between being up and down as yesterday's swings ended on the downside. The Dow lost 72-points on the day yet it is still flirting with multi-month highs.
For the TSP, the C-fund was down 1.25% yesterday, the S-fund lost 1.79%, the I-fund fell 1.50%, and the F-fund (bonds) was up 0.07%
For the 9th consecutive day, the Dow alternated between being up and down by closing up 180-points after Monday's 248-point loss. Despite the strange streak, the Dow made its second highest close in over 3-months after being down 100 points earlier in the day.
For the TSP, the C-fund was up 2.04% yesterday, the S-fund gained 2.62%, the I-fund added 1.18%, and
Stocks have been rallying strongly lately on optimism out of Europe, but yesterday the markets had a little water splashed in its face when Germany played down expectations. The Dow lost 248-points.
For the TSP, the C-fund was down 1.93% yesterday, the S-fund dropped 2.84%, the I-fund fell 2.17%, and the F-fund (bonds) gained 0.30%.
Stocks rallied strongly again on Friday, putting an exclamation point on a big week for stocks.
As many investors continue to expect a pullback, the market continues to move up leaving them behind, forcing some to buy or cover short positions, and the market is using that as ammunition to rally. The Dow gained 166-points on Friday.