All Blog Entries

11/19/12

Stocks saw some modest gains of Friday, reversing some early losses and improving the technical picture in some of the charts. The Dow gained 46-points on the day.

...

Last week, the Top 50 had increased their stock allocations by 11.46% to a somewhat healthy 68.5% total stock exposure. In fact, they had increased their stock exposure every week for the previous 4 weeks. And the market ended up down 3 out of 4 of those weeks with the C fund shedding 4.98% during that time, and the S fund falling 4.41%.

The Total Tracker didn't reveal as much stock exposure last week as the Top 50 (59.04% vs 68.5%), but they didn't drop their allocations as much ...

Although we saw a bit of a bounce on Friday, the major stock indices, and their TSP stock fund counterparts, lost ground again last week. Concerns over the fiscal cliff remain the center of attention, and Friday's rally came after some signs out of Washington that the two sides may not be too far apart on a compromise.



Here are the TSP fund returns for the week of November 12 through November ...

11/16/12

The indices struggled all day, making a couple of attempts to move into positive territory, but each time sellers stepped up and by the close we saw modest losses all around. The Dow was down 29-points.
...

TSP Talk Sentiment Survey results for the week of 11/19/12- 11/23/12

Buy: The TSP Talk Sentiment Survey came in at 34% bulls, 59% bears, for a bulls to bears ratio of 0.58 to 1. That is a Buy signal which means the system will remain in a 100% S fund allocation for the week of 11/19/12 - 11/23/12.

Bull market rules have been in effect since the week of 1/09/12:

See latest survey results

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