All Blog Entries

12/02/11

It was a quiet day on Wall Street on Thursday with only about an 80-point trading range for the Dow after the 490-point gain on Wednesday. After a 3-day, 7% rally, a 26-point loss is actually not bad at all.


For the TSP, the C-fund slipped 0.19% yesterday, the S-fund lost 0.52%, the I-fund fell 0.76%, and the F-fund (bonds) lost ...

TSP Talk Sentiment Survey results for the week of 12/05/11- 12/09/11

Sell: The TSP Talk Sentiment Survey came in at 55% bulls, 33% bears, for a bulls to bears ratio of 1.67 to 1. That is a sell signal in a bear market which means the system will remain 100% G Fund for the week of 12/05/11 - 12/09/11.

Bear market rules are in affect 8/22/11:

See latest survey results

To discuss or comment on the Sentiment Survey, go to Sentiment Survey Talk
...

One day after the broader market posted huge gains it came as no particular surprise that it decided to take a breather.



For the day, the DOW and S&P 500 shed 0.21% and 0.19% respectively, while the Nasdaq posted a gain of 0.22%.

News was light, but some data was released. The November ISM Manufacturing Index rose to 52.7 from 50.8 the prior month. That was a bit more than the anticipated reading of 51.0.

In ...

12/01/11

First off, I lost my internet connection Wednesday night in the middle of getting the reports together so I spent a lot of time debugging that. Turns out the cable company will need to come and check out the lines on Friday. In the meantime, I lost a lot of time and I had go to the laptop, which I hate typing on, so I will try to make this quick.

Stocks rallied powerfully yesterday on a combination of solid economic data, ...

While I chose to title this evening's blog with news of the coordinated central bank rescue of global money markets, it was not the only news item of the day. Although I think it's probably the biggest reason for today's massive advance.

At the open, the market gapped higher and never looked back as buying pressure was sustained with an end-of-day short covering rally at the close, which easily allowed the major averages to close at or near their highs of the day. And those highs ...