View RSS Feed

Recent Blogs Posts

  1. TSP Talk: Dead cat bounce or is the low in?

    Stocks bounced back on Tuesday after the positive reversal day on Monday, so the action was typical, but the question of course is whether this cements in a low for this recent pullback, or if the market is just rebounding to fill in some open gaps on the chart, and / or if new overhead resistance will keep the downtrend alive. The Dow ended the day up 140-points and there was green almost across the board, and that ended a 4-day losing streak for the S&P 500.

    ...
  2. 50 dma Needs to be Retaken - Posted by Coolhand

    Quote Originally Posted by coolhand View Post
    The bulls fought back on lighter volume to close with a gain today.

    Market Talk-s-p-500-png
    Market Talk-dwcpf-png

    The 50 dma was not retaken, but it isn't far under that key average. It's possible it may act as resistance given price has been below that average for 3 days now (on the S&P 500).

    Market Talk-nyad-png

    Breadth ticked higher, but remains bearish.

    We're just going to have to see if
    ...
    Categories
    Uncategorized
  3. TSP Talk: Breakdown

    Stocks gapped open lower on Monday. I often say that we can't always trust Monday morning gaps, especially the ones on the downside, but yesterday's morning's selling and lack of dip buying in that first hour of trading made the sell-off look pretty serious. The fact that the losses were still fairly stiff into the close in most indices, despite the reversal, is a tell that this was not one of those gaps to dismiss. The Dow lost 510-points, well off the lows like so many indices, but the charts ...
  4. Market Gets Whacked - Posted by Coolhand

    Quote Originally Posted by coolhand View Post
    Seemed like everything was under attack today (stocks, precious metal, crypto). We've seen this before.

    Counting on a Bush Fire-s-p-500-png
    Counting on a Bush Fire-dwcpf-png

    The DWCPF joined the S&P under the 50 dma today. Volume was very elevated. If there weren't 2 sides battling this out, I suspect the market would have fallen apart altogether. But even if it isn't falling apart, it's moving lower. The 200 dma is still further below and we may yet test it.
    ...
    Categories
    Uncategorized
  5. TSP Talk: Bulls are put to the test to start the week

    Another expiration week ends with a thud as stocks tumble after a positive open on Friday. This is a tough month for stocks historically and the bears are keeping that reputation alive as the S&P 500 closes negative for a third straight week. The small caps had other ideas as we saw the S-fund end the week with a solid 2.85% gain and lost just 0.27% on Friday while the S&P and Nasdaq each lost over 1%. There was an afternoon push higher but the Dow closed down 245-points.

    ...
    Categories
    Uncategorized
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