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  1. Lackluster Action, But Up Overall

    News and data continue to be very light and share volume quite thin. As a result we had another slow day of trading action. While the major averages were mixed, I think the nod continues to go to the bulls as the averages were higher overall.

    The only data point today was the Fed's Beige Book and it's generally not a market mover. In the report, the Fed reiterated that national economic activity grew at a modest to moderate pace from late November through December. The market didn't ...
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  2. New high looks familiar


    01/11/12

    Stocks opened sharply higher yesterday, but investors didn't do much after the opening surge as we had a slow deterioration into the close. Still we saw decent gains at the close, particularly in the small caps and international stocks, and the Dow finished up 70-points.


    For the TSP, the C-fund gained 0.89% yesterday, the S-fund was up 1.33%, the ...
  3. Breakout?

    It looks that way. After tracking mostly sideways for days now, the market made a decided turn North today. And I can't argue with the charts either. Let's take a look:

    still holding pat???-namo-nymo-jpg

    NAMO and NYMO are now hitting fresh multi-week highs. They also remain on buys.

    still holding pat???-nahl-nyhl-jpg

    NAHL and NYHL are also on buys with NAHL in particular hitting fresh multi-week highs. NYHL is lagging a bit, but I won't argue with ...
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  4. Earnings jitters?


    01/10/12

    Stocks have moved virtually sideways since the January 3rd pop. Yesterday we saw modest gains but again neither the bulls nor the bears are showing much conviction as we enter earnings season.



    For the TSP, the C-fund gained 0.23% yesterday, the S-fund was up 0.47%, the I-fund lost 0.12%, and the F-fund (bonds) was up 0.07%.
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  5. Melt Up Continues

    It was a boring trading day, but the market did post some modest gains in spite of the lack of data or news. Still, watching the paint dry would have been more entertaining.

    still holding pat???-cat-keyboard-1-jpg

    As a side note, earnings season begins next week, so that should give the market more catalysts from which to derive some direction. Maybe that's what this market is waiting for as share volume is still at holiday levels.

    Here's today's charts:
    ...
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S&P500 (C Fund) (delayed)

(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)

(Stockcharts.com Real-time)
EFA (I Fund) (delayed)

(Stockcharts.com Real-time)
BND (F Fund) (delayed)

(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes