TommyIV's TSP Talk Blog

Two intraday sell-offs this week ensured stocks their second consecutive week of losses. Investors were troubled by poor economic data showing a slowdown in consumer spending which has been thought to be the last leg for the growing economy. Political drama did not have a much of an impact but the proceeding to impeach President Trump will linger as more uncertainty for investors. A curveball was thrown in what was thought to be progressing trade talks when a report came out saying the Trump administration ...

A bumpy week in stock prices ends with mostly selling after potential trouble in trade negotiations Friday. Although the bears ended the S&P 500 weekly winning streak, it is not fair to say they are in control; but neither are the bulls. The trading action the last couple weeks has been in a flat trading range with a few extremities. It wasn't an eventless week. The Fed cut rates by a quarter percent and there was an attack on Saudi Arabian oil facilities. Both events initiated swings but a real ...

Momentum trading, monetary stimulus, and easing trade tensions gave stocks a third consecutive week of gains. Buy it while its hot was the sentiment this week as indices like the S&P 500 continued their extension out the confinements of August trading towards the highs of July. Recession fears diminished to a degree with Chinese officials expressing intent to focus on a trade deal and President Trump postponing tariffs that were to take effect October 1st.

European Central Banks unveiled ...

September begins with a win for the bulls. The August headaches seemed to slip their way into the new month but positive headlines quickly brought back optimism to the market. Job and economic data set the buying in motion but news that trade talks between the U.S. and China were to begin again in October pushed stocks up and out of trading channels and into 1% or higher gains. The volatility settled there and trading remained relatively steady through to Friday's close.

We also had ...

Stocks' best week since early June ends the streak of weekly losses and shaves off a chunk of damage from the volatile August. The lack of major trade drama along with starting the week at the bottom of the August trading channel allowed stocks to finish the August swings on the upside. Consumer reports and better than imagined GDP numbers helped. The U.S. TSP stock funds were both up more than 2% for the week with the C-fund not far off of a 3% gain. The impressive week could not save the month; ...