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If you believe in market manipulation, then look no further than Monday's action. It did not look like it was going to be the 13th straight positive close for the S&P 500, but a late rally pushed just enough to close up 34 cents. The results were mixed with the Dow down and the Nasdaq up impressively considering the rest of the market, and the internal market breadth saw a lot more stocks down yesterday, than up. Bond yields and the dollar keep pushing to the upside keeping the pressure on ...

[FONT=Arial]After a positive reaction to the PCE Prices report at Friday's opening bell, stocks drifted lower for most of the day as the threat of a government shutdown got more real as the day wore on. Stocks were mixed but mostly lower as far as the TSP funds were concerned. Only the Nasdaq managed a small gain. Fast forward to Sunday evening and the futures were up, erasing much of Friday's losses after a temporary agreement was made to fund the government for another 45 days.
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Greetings

Here's A quick review of September: This was the 2nd consecutive month we've closed down. The last time we had 2 consecutive down months was September of 2022 when the following October 2022 ended up as the low of that year, and thus began our 31.95% run into the July 2023 Top.

This September closed down -4.87%. Going back to 1960, Sep-2023 ranked as the 53rd best of 64, placing it the bottom 17%. The chart below shows we bounced off the average intra-month low, ...

September ended with the bulls giving up control during their rebound attempt from the recent sell-off. The stock market has been in a downtrend for the last two months, but the previous week's FOMC meeting ignited an acceleration in selling that continued through the first half of this week and brought prices down to lows not seen since June for the C and S-fund.

Price action flipped direction swiftly mid-Wednesday and the new momentum held through Thursday. It seemed ...

Stocks got a little relief on Thursday thanks to a reversal in the current trigger points for the market - yields, the dollar, and oil. The Dow gained 116-points and we saw larger gains in the broader indices with small caps leading again. The index charts are bouncing in convenient levels but as you'll see in the charts below, there has not been any change in trend in those triggering catalysts, making the rebound suspect at the moment.

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