All Blog Entries

By Ohmygov.com's Bureaupat



Dear Bureaupat,

Where do I get the 2012 federal pay calendar?

Dear Looking Ahead,
As a government employee, you know all too well that death and taxes are the only sure things in life. But you're also familiar with one of the pleasant events that is almost a sure thing: getting paid for your government job.

Aside from the ...

Officially, the period for a Santa Clause rally began today and lasts through the first two trading days of January. And right now we are ahead of schedule, given the rally started three days early.



Bearish? Or opportunity for out-sized gains?

Part of the reason for the follow through today was attributed to an agreement in Congress to approve a two-month extension of the payroll tax cut and unemployment benefits.
...

12/23/11

Stocks remained buoyant all day in a typical, low volume, holiday trading day. The Dow closed up 62-points.



For the TSP, the C-fund gained 0.85% yesterday, the S-fund was up 0.87%, the I-fund made 0.63%, and the F-fund (bonds) added 0.06%.

The S&P 500 continues to form the right shoulder of an inverted head and shoulders pattern ...

TSP Talk Sentiment Survey results for the week of 12/27/11- 12/30/11

Sell: The TSP Talk Sentiment Survey came in at 71% bulls, 19% bears, for a bulls to bears ratio of 3.74 to 1. That is the highest ratio since this same week last year in December 2010.

That is a big sell signal in a bear market which means the system will remain 100% G Fund for the week of 12/27/11 - 12/30/11, but last year the seasonlity won out and we saw modest gains.

Bear market rules ...

I believe it is, although you can still find disbelievers.



After seeing the market walk up to the brink of what was looking like a potential correction during the most favored time of the year for stocks, the market has roared back over the past three days. In that time, the S&P 500 has risen about 4%.

We did get some domestic data early in the day. Third quarter GDP advanced a mere 1.8%, which is less than the 2.% growth ...