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Stocks continued their rebound off of Friday's lows yesterday and the TSP stock funds all gained over 1% on the day, with small caps adding closer to 2%. The Nasdaq was up 1.6% despite heading into beleaguered Tesla's earnings after the bell yesterday. Yields and the dollar were down yesterday helping take the pressure off stocks, but they remain in a range and that's good enough for investors right now.

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Stocks opened higher on Monday with a gap up opening, which came within 2 points of closing within an hour or so, but the bulls bought that morning dip and it led to a nice comeback day for the stock market. It was an overdue, oversold, rebound but it held, and that's more than we could say for last week's action. The S&P 500 gained 43-points, but that was almost 30-point off the afternoon highs so we did see some late selling again - just not enough to spoil the bulls' rare April rally. ...

Stocks opened flat on Friday after a sharp overnight sell off in the futures had completely recovered by the opening bell. However, the selling pressure resumed once trading began. Big tech is taking the brunt of the selling as it took the Nasdaq and S&P 500 for a bearish ride. Meanwhile, away from big tech, the Dow, the Russell 2000 small caps, and the Transportation Index were all up on the day, so what has been leading on the way up, is lagging on the way down.

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The gains of the first quarter are slipping through the hands of stockholders. The C-fund and S-fund both went through the previous week without a single day of gains. Both accumulated more than 3% of losses for the week.

The F-fund had two days of gains this past week, but the three other days of losses contributed to a weekly loss of -0.61%.

With nearly no opportunities for gains, not a single TSP Talk AutoTracker member outperformed the G-fund’s 0.08% ...

The Dow was up slightly on Thursday but the bleeding continued in the broader indices and the losing streak was extended. The losses were modest and fairly equal among the TSP stock funds. Yields and the dollar moved up, not helping the situation, and at this point, after a modest pullback, it's probably a matter of when investors are comfortable buying again with yields elevated and the Fed less dovish.

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