Stocks were mixed on a low volume holiday-week trading day. The Dow slipped 31-points while small caps had a nice day, and the Transports fell back below some key levels.
I will be busy this Thanksgiving week so unless something significant happens, I will keep the commentary brief and enjoy some time off. I hope you are able to do the same. The market will be closed
Stocks were up on Friday although they drifted lower most of the day after an early spike higher to start the session. The Dow ended with a gain of 91-points and the TSP stock funds had a big week gaining between 2.5% and 3.3%.
I will be busy this Thanksgiving week so unless something significant happens, I will keep the commentary brief and enjoy some time off. I
Stocks were relatively flat on Thursday after Wednesday's rally. The Dow slipped 4-points so the Fed triggered rally was a one-day event. The question now is, if investors aren't adding to the rally, are they getting ready to sell?
This is an options expiration week and they do have a slightly positive bias over the years, while the week after the expiration has a
Another day, another Fed triggered rally, although to be fair, stocks were up prior to the release of the FOMC meeting minutes, but the minutes sent stocks into another gear. The Dow gained 248-points and we saw gains of over 1% in most U.S. indices with financials outperforming based on more interest rate hike considerations.
Stocks rallied early on Tuesday but faded in late afternoon trading. The indices were mixed with the Dow gaining 6-points while the Nasdaq and Transports also added small gains. But the S&P 500 and small caps closed in negative territory.
A bomb threat cancelled a scheduled soccer match between Germany and the Netherlands that Chancellor Angela Merkel was planning to attend, and that seemed to spooked the markets midday.
S&P 500 (C fund)
||Dow Completion (S fund)
||EFA (I fund)
||Bonds (F fund)