TSP Weekly Wrap Ups

TommyIV is on vacation this week so I'm (Tom Crowley) filling in for him.

If you were waiting for volatility to finally spike in this market, your wait was over as the nuclear war rhetoric hit the market hard this week. Yes, the market was way overdue for some kind of pullback and this may have just been the excuse to do some selling. We saw evidence in the prior weeks of internal weakness while the major indices made new highs, especially the headline grabbing Dow, but some of the ...

After the huge post-Brexit rally, stocks have been consolidating for several days but the bears have not been able to do much damage when they've had their chance, and the S&P 500 actually ended the week with a new closing high. If you read our Daily Commentary, you know that we believe that there are enough investors out there who do not have a sufficient exposure to stocks and that creates an atmosphere of a race to buy the dips, and that has kept any pullback very brief and shallow. ...

TommyIV is on vacation this week so you're stuck with me for this week's Wrap Up.

Stocks opened higher this past Monday but things went sour pretty quickly as volatility picked up, and by Thursday afternoon there was a little bit of panic in the air. On Friday the bulls stepped up and bought the oversold market and we saw some key support levels hold.



Here are the weekly, monthly, ...

Stocks ended the week on a down note, but overall it was a pretty good holiday-shortened week for the market and all of the TSP stock and bond funds finished with gains. Oil continues to be a drag but the ECB announced a $1.3 trillion QE package and the market loves easy money.




Here are the weekly, monthly, and annual TSP fund returns for the week ending January 23:

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Stocks opened higher last week, but sellers stepped in taking advantage of the light volume trading. Whether it was profit taking or investors selling losing positions for tax purposes, the market gave way at the end of the year, and couldn't rebound on Friday - the first trading day of the year.



Here are the final returns for December and the 2014 annual returns. Obviously, choosing the right ...