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About TommyIV

Basic Information

About TommyIV
Biography:
Currently a student at Utah State University working on a degree in Biology. Also a student of TspTalk working on my own financial education.

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Total Posts
6
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General Information
Last Activity
Yesterday 05:12 PM
Join Date
03-03-2013

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View TommyIV's Blog

Recent Entries

TSP Talk Weekly Wrap Up

by TommyIV on Yesterday at 04:49 PM
The relentless uptrend of stocks continued this week despite poor earnings reports and lackluster news on the road to tax cuts. Volume remains low through all of this so whoever is still trading seems to be buying while everyone else is holding tight to stocks until everyone else decides to sell. What will spark a sell off is uncertain. Bad news does not affect the market anymore with bad earnings reports and poor economic news stories being the case this week. Those who have ridden the trend has

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TSP Talk Weekly Wrap Up

by TommyIV on 10-14-2017 at 03:07 PM
Stocks were mixed this week with low volume trading and low volatility. Large caps were up slightly while small caps pulled back amidst the anticipation of the tax cuts. Debatably, the tax cuts may already be priced in but the fear of being left out of a potential rally sparked from a tax cut deal is keeping traders from selling. However, reason to buy seem to be diminishing and the potential for a 'sell the news' reaction could have them leaning the wrong way when an announcement is made. Perhaps

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TSP Talk Weekly Wrap Up

by TommyIV on 10-07-2017 at 04:38 PM
September's momentum carried into October. The first week of the new month marked the 4th consecutive week of gains for the S&P 500. Thursday set the longest record in 20 years with 6 consecutive closing highs for the S&P 500. Stocks pulled back on Friday after the first negative jobs report in seven years but some of the early losses were erased as buyers took control of the second half of the day to inch the index to just under flat.

Employment in September's jobs report was expected

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Updated 10-07-2017 at 04:57 PM by TommyIV

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TSP Talk Weekly Wrap Ups

TSP Talk Weekly Wrap Up

by TommyIV on 09-30-2017 at 03:21 PM
Stocks pressed on this week making a mockery of the "uphill" September seasonality warned by nearly all market analysts and any bear alike. Record low volatility may have been the only evidence of the September seasonality this month but there always seemed to be buyers available.

For instance, this Wednesday President Trump laid out his highly anticipated tax plan. The potential for the president's tax policy was deemed a great contributor to the relentless bull market we've seen

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Updated 10-02-2017 at 01:32 AM by TommyIV

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TSP Talk Weekly Wrap Ups

TSP Talk Weekly Wrap Up

by TommyIV on 09-23-2017 at 05:04 PM
Stocks managed to produce gains this week despite the history of negative seasonality, a threatening North Korea, and a hawkish Fed. A rise in bank shares kept the S&P 500 barely afloat. A slight jump up at Monday's open pretty much marked the trading range for the index. This week was the smallest weekly range for the S&P 500 since November of 2014. This is all while the index is sitting around its highs.

The Fed met this week and though it was nearly certain there would be no rate

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