TSP Talk - Thrift Savings Plan Talk
TSP Talk on Facebook TSP Talk on Twitter

TSP Talk - Thrift Savings Plan Talk

TSP Talk Market Comments TSP AutoTracker Premiums Site Map TSP Funds Forum Returns

Thrift Savings Plan Talk
For Federal Government Employees and Military Personnel

Quotes, Charts, Info

TSP Share Prices & Returns
Fund Index Quotes
Popular Charts
Market Futures Quotes
Earnings Reports
Economic Calendar


Need a back-link...
or want to Advertise?
 

Premium Services

TSP Talk - Thrift Savings Plan Talk

 

Mobile Options


- Android Forum App

- iPhone Forum App

 

 Quick Link to ...
TSP Share Prices | Reader Testimonials

RevShark's TSP Timing Newsletter & Morning Commentary

Intrepid Timer Strategies  |   TSP Talk Plus


Market Commentary

January 27, 2021
 
Archives  |  Current TSP Share Prices
TSP Talk - Thrift Savings Plan Talk
 Today's Commentary         (Not seeing a current commentary?)


It was a very quiet day on Tuesday with a lull in volatility and the major indices nearly flat lining.  The small caps and the Transportation Index were the losers with each falling over 1% on the day. Bonds were flat and the dollar was down again.

Daily TSP Funds Return

More returns

 



It was a narrow day of trading in the majors, and internally we saw some divergences with more issues down than up on both the NYSE and the Nasdaq, but share volume in both cases were in favor of the advancers over the decliners.  With stocks still near the all-time highs, of course we will see a lot more new highs than new lows for a while.

                 


On the negative side we are seeing many indicators almost suggesting poor action, yet the indices remain near their highs.  In a normal environment this would be a good indication of a prelude to a pullback.  But with 0% interest rates and the Fed's Money Supply at insane levels, perhaps investors will continue to throw money at the market and any pullback will be muted.  I've talked about a day of reckoning coming, but you never know how long a bubble can stay inflated before it bursts, and it's usually longer than we can anticipate.

Gamestop's stock is one worth watching just for entertainment purposes.  If you recall from yesterday's commentary, Gamestock had gone from under $20 to start the year, and ran up to $160 on Monday before settling near $77 that day.  Yesterday it was up 92%, not  typo, and closed at $148.  But that wasn't all.  Last I checked it was up another $80 in after hours trading yesterday and was near $224 a share.  Welcome back to the 2000 dot com bubble.  :)

The two-day FOMC meeting wraps up today with a policy statement some time after 2PM. 

Microsoft reported a strong quarter after the bell yesterday, boosting the stock about 5% in after hours trading.  Today we'll get Apple, Tesla, Facebook, and Boeing, all of which could be market movers.  Amazon and Google come out next week.
 

The S&P 500 (C-fund) slipped a bit after a morning rally, and remains in that long trading channel, still occupying the top near the overhead resistance.

            
 

The DWCPF (small caps / S-fund) came back to test the lows from Monday and it is possibly showing some fatigue here.  It should be anyway, but we have seen repeated 2 to 3 day pullbacks get bought in this rally.

         

        
The EFA (I-fund) was up slightly with the help of the dollar, which was down 0.29% yesterday.  That 74.50 area looks like it needs to hold.

         


The Dow Transportation Index took another hard hit and it has been testing some rising support and the 50-day EMA.  With support below there, it looks like it is getting close to make or break time here. 

        


The Volatility Index was slightly lower on the quiet day, but remains above the rinsing support line.

        
 

BND (bonds / F-fund) was down slightly on the day as the bottom of that large open gap, right where the 50-day EMA is also sitting, has been holding for a couple of days. 

        


Read more in today's TSP Talk Plus Report.  We post more charts, indicators and analysis, plus discuss the allocations of the TSP and ETF Systems.  For more information on how to gain access and a list of the benefits of being a subscriber, please go to: www.tsptalk.com/plus.php

For more info our other premium services, please go here... www.tsptalk.com/premiums.html

Thanks for reading.  We'll see you back here tomorrow.

Tom Crowley


Like what you're seeing on TSP Talk?  Why not Tell a Friend about us?  We'd really appreciate it, and they may too. 

Thanks!

 
Chart provided courtesy of www.sentimentrader.com
 
Market Commentary Archive


Commentary Archives
 

Have questions? Visit our message board for answers.

Would you like to be on our email alert list? Your email address will never be given out. Please read our privacy policy. By signing up you agree to the TSP Talk Terms of Service.

Like what you're reading? Please Tell a Friend about us.

Help and Resources

Site Map
FAQ
FAQ - Premium Services
FAQ for Alerts
Reader Testimonials
How to Make a Transfer
How to Make an IFT (Video)
Report Problems / Errors
Contact Us

TSP - What is it?
Who Is TSP Talk?
What Can We Do For You?
Want More Help?

Mug Shots

TSP Talk User Map
Tell a friend or co-worker
Recent Forum Activity
Video & Image Library
Market Analysis Videos
TSP.gov Home Page
GovLoop
My Federal Retirement
FERS Guide

Mobile Options
- TSP Talk Forum Apps

 

Keep Me Informed

Enter e-mail Address:
For Email Marketing you can trust

[more info ]
How to get on the list!

 
SPY (C Fund) (delayed)

(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)

(Stockcharts.com Real-time)
EFA (I Fund) (delayed)

(Stockcharts.com Real-time)
BND (F Fund) (delayed)

(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes

TSP Talk is not a Registered Investment Advisor. TSP Talk does not guarantee the accuracy or completeness of this report, nor does TSPtalk.com assume any liability for any loss that may result from reliance by any person upon any such information or opinions. Such information and opinions are subject to change without notice and are for general information only.  The information contained on this website is for educational purposes only and not intended to be recommendations, and may not be published, broadcast, rewritten or otherwise distributed without prior written consent from TSPtalk.com.

TSP Talk is in no way affiliated with the U.S. government, or military Thrift Savings Plan, tsp.gov, or any other government agency. TSP Talk does not guarantee the accuracy or completeness of this report, nor does tsptalk.com® assume any liability for any loss that may result from reliance by any person upon any such information or opinions. Such information and opinions are subject to change without notice and are for general information only.

Full Disclaimer

Copyright ® 2003 - 2021
Buy Low Sell High, Inc.
TSPtalk.com ® is a trademark of Buy Low Sell High, Inc.
All Rights Reserved

Buy Low Sell High, Inc., 221 N. Washington Blvd #13213, Ogden UT 84412


TSP Talk Market Comments TSP AutoTracker Premiums Site Map TSP Funds Forum Returns