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12/28/11

Stocks were mostly flat yesterday as the market attempted a few intraday rallies but finally settled about where they started. The Dow lost a couple of points on the day but the other major indices saw slight gains.



For the TSP, the C-fund ticked up 0.01% yesterday, the S-fund gained 0.28%, the I-fund was up 0.28%, and the F-fund (bonds) ...

Stocks closed mixed today as the DOW dipped 0.02%, the S&P 500 ticked up 0.01%, while the Nasdaq tacked on 0.25%. The Wilshire 4500 (S fund) also closed up 0.25%, while the EAFE (I Fund) closed down 0.45%.

Data was limited today, but we did receive the Consumer Confidence Index number for December, which showed an increase to 64.5 from 56.0 the previous month. That was much better than estimates calling for 58.0.

We also got the Case-Shiller 20-city Index report, which ...

12/27/11

I hope everyone enjoyed their holiday weekend. I assume many of you are still on vacation but the market is open again so it's back to work.

The last day of trading before Christmas is historically one of the most consistently positive days of the year and it did not disappoint this year. Stocks rallied early, held onto those gains, and gained strength into the close, and the Dow ended the day at the high picking up 124-points. ...

As I suspected, we've embraced the Santa Clause rally in a big way. Our sentiment survey is certainly in-line with the charts this week.



Here they are:




The Top 50 pushed their collective stock allocation from 44.7% last week to a whopping 72.32% for the coming week. This is the largest stock allocation for this group since the week of 9 May ...

12/24/11

Santa Claus Rally Shows Up Right on Queue

Stocks spent the week in a steady, low volume, holiday rally.



For the TSP, the C-fund gained 3.80% on the week, the S-fund was up 3.48%, the I-fund added 2.27%, while the F-fund (bonds) lost 0.62%, and the G-fund was up 0.03%.



For the month, ...