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About TommyIV

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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
8
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General Information
Last Activity
12-16-2017 03:49 PM
Join Date
03-04-2013

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Recent Entries

TSP Talk Weekly Wrap Up

by TommyIV on 12-16-2017 at 03:49 PM
Stocks were up for the week thanks to the rally on Friday after Senators Rubio and Corker were back on board with the tax bill. That gives enough votes for the tax bill to be passed by next week and traders bought the news. The market was losing steam leading up to Friday's rally as stocks sold off Thursday when Rubio said he would not vote yes on the tax bill without changes made first.

The Fed raised rates Wednesday 0.25% as expected and added positives views about the economy indicating

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TSP Talk Weekly Wrap Up

by TommyIV on 12-09-2017 at 01:05 PM
Stocks had trouble holding on to gains early in the week but large caps thrived off a string of good news to close in positive territory for the week. Small caps also came off their lows for the week after early trouble but it wasn't enough to wipe out the early losses.

Stocks opened up Monday after the Senate passed the tax bill over the previous weekend but the 'sell the new' reaction kicked in right away producing the S&P 500's largest negative reversal day since February of 2016.

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TSP Talk Weekly Wrap Up

by TommyIV on 12-02-2017 at 04:17 PM
Stocks moved up this week as the Senate was expected to vote and pass the tax bill. The S&P 500 hit its high intraday Thursday but buyers briefly stepped aside Friday as stocks sold off sharply on the news of General Michael Flynn pleading guilty to lying to the FBI opening new doors to the Russian investigation. The selloff was dramatic at first but did not last long as the dip buyers jumped in to erase a bulk of the intraday losses.

Despite one of the best weeks for the Dow in a

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TSP Talk Weekly Wrap Up

by TommyIV on 11-25-2017 at 12:31 PM
Thanksgiving's positive seasonality came through again this year. Stocks were up with small caps outperforming large caps. Most of the gains came early on Tuesday followed by a pause in movement leading up to Thanksgiving Day. Stocks pressed higher Friday to give the S&P 500 its 55th closing record of the year.

As far as seasonality goes, it's not uncommon for the market to slow down or pull back in late November through mid-December before things pick up again the last couple weeks

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TSP Talk Weekly Wrap Up

by TommyIV on 11-18-2017 at 06:01 PM
Pressure was put on stocks the first half of the week with a string of weak opens but dip buyers and a rally Thursday kept the damage to a minimum. Dip buyers were there at every opportunity cushioning the bears attempt to turn this market around. The market rallied Thursday after good earnings reports and a tax bill passed by the House of Representatives that cut corporate taxes. The rally pressed stocks into positive territory for the week but some of the gains were sold off Friday to drop large

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S&P 500 (C Fund)
S&P 500 INDEX,RTH (^GSPC)
DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)
EFA (I Fund)
iShares MSCI EAFE Index (EFA)
AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)
Source: https://finance.google.com/finance