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3/05/12

Stocks were down most of the day on Friday, but an afternoon rally took the indices well off of their lows. The Dow lost just 3-points, but the Nasdaq, S&P 500, and the Transportation Index each saw more of a decline.


For the TSP, the C-fund was down 0.32% on Friday, the S-fund fell 1.06%, the I-fund dropped 0.58%, and the F-fund (bonds) ...

The fund allocation shifts for both the Top 50 and the Total Tracker this week reveal both groups are moving in opposite directions. Nothing over-the-top yet, but definitely something to keep an eye on.




The Top 50 pulled back their collective stock allocations for the second week in a row. Last week it was by 7%. This week they almost matched that by drawing down another 6.88%. They still hold more than ...

3/03/12

Stocks rose sharply last Monday, heading right up to the 2011 S&P 500 highs, and spent the rest of the week dancing above and below that breakout level. The economic data was fair to good and the price of oil has been able to remain below $110 a barrel.



For the TSP, the C-fund gained 0.35% last week, the S-fund lost 1.44%, the I-fund dropped 0.63%, while the F-fund (bonds) ...

Is Uncle Sam not far behind?

By Jack B. Winn



The taxman may be paying a visit to Facebook's offices soon, according to a pair of U.S. financial analysts.

In a white paper authored by international tax consultants Jim Carr and Jason Hoerner of KPMG's Silicon Valley branch, the duo raise the delicate question of whether virtual currency--such as tokens--could be considered taxable income. ...

It would appear the seemingly nonstop march higher is over. At least for the moment, as we're starting to see some day to day whipsaw action.



The Seven Sentinels remain in an intermediate term sell condition. Notice BPCOMPQ turned back to a sell today. And internals continue to struggle, but price has been largely resilient in spite of the recent volatility. And that may continue.

Stop by Sunday and I'll have the tracker ...