TommyIV's TSP Talk Blog

The bulls must have been good this year, investors who had their money working around Christmas were rewarded. Trading was relatively tight this short holiday week but stocks received a boost Thursday following Christmas Day that included a late rally. The market was seemingly unstoppable but some profit taking took place Friday to take indices off the highs. The net result of the holiday week was all green across the board for TSP funds. Small caps stocks (S-fund) were not as fortunate as large ...

Stocks continued their December climb as they approach the highly regarded positive seasonal bias surrounding Christmas. Stocks were up 4 of the 5 trading days this week, all four were record closes for the S&P 500 which has produced 6 record closes in the last 7 trading days. The highlighted news this week was the House of Representatives impeaching Trump but that did not have an effect on stock prices. Investors don't seem to care about how that may effect further trade decisions or budget agreements. ...

All green across the board for TSP funds this week. This was a well anticipated week with the last FOMC meeting of the year along with scheduled tariffs on China coming up with no deal locked in. The result was a dovish Fed and a buzzer beater conclusion to the phase one trade deal. The Fed kept rates steady and made no notions to return to raising rates anytime soon. News that China and the U.S. have officially agreed on the details of the phase one trade deal sent stocks into positive territory ...

Stocks pulled back Monday to start off an important week for markets. The uncertainty surrounding trade and upcoming scheduled tariffs had some investors swallowing gains and moving to the sidelines. Last week's jobs report gave investors the confirmation bias they needed to have faith in the future of the economy. However it would be an uninformed gamble to buy further into stocks ahead of an FOMC meeting that won't include a rate cut as well as a tariff deadline coming Sunday with no ...

Stocks rallied on Friday and the big news was the strong jobs report. The Dow gained 337-points or 1.22%, and we saw solid gains of near 1% in many of the major indices. Not surprising, the safety type trades of bonds and gold were down as risk was certainly on Friday.
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