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The US Dollar Index (USD) continues its slide and today (04/30/12) broke through a contracting formation (pennant), as viewed on the first chart. The 50 exponential moving average (ema) was breached four trading days ago at 79.38 and now we see a steep decline towards the 200 ema at 78.51. Today (04/30/12) the USD index closed only 0.20 above. Fairly substantial support is near the USD index 78 area. The slow stochastic is quite oversold and may be starting a bottoming process soon. Previous ...

5/01/12

After 4 consecutive positive days, stocks pulled back modestly yesterday. A late rally took the indices off of their lows. The Dow lost 14-points, while the other major indices fell about a half of a percent.


For the TSP, the C-fund lost 0.39% yesterday, the S-fund was down 0.83%, the I-fund fell 0.26%, and the F-fund (bonds) ...

4/30/12

It was another positive day for stocks on Friday, despite Standard and Poor's downgrade of Spain's credit rating. The Dow did finish off of the highs, but held onto a 24-point gain.


For the TSP, the C-fund gained 0.24% on Friday, the S-fund was up 0.63%, the I-fund made 0.60%, and the F-fund (bonds) gained 0.08%. ...

Last week, the Total Tracker revealed a modest dip in stock allocations (less than 3.5%), but sentiment was much more bearish as reported by our sentiment survey. That bearish sentiment helped stocks tack on significant gains for the week.

This week, the Total Tracker shows more profit taking as total stock allocations dropped again. Bullish levels rose and bearish levels dropped in this week's sentiment survey, which keeps the sentiment survey in a hold (buy) condition.
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By Jack B. Winn



Teachers, firefighters, engineers and federal bureaucrats may be staring down the barrel of a loaded gun as budgets are slashed and jobs are eliminated, but one sector of government employees is enjoying significant growth: social media directors.

According to Government Technology, from Gracie Mansion to 1600 Pennsylvania Avenue, young digital natives are being hired by governments ...