TommyIV's TSP Talk Blog

Stocks were mixed for the shortened light volume trading week. Early selling Monday was a response to the new strain of the corona virus in England that threatens the economic recovery. Dip buyers driven by optimism for 2021came in quickly to erase the majority of the early losses. From Tuesday on the price action was in relatively tight range to finish the week. This was impressive in itself after President Trump sent the covid aid stimulus bill, that finally made its way through congress, back ...

Investors were once again coaxed into stocks with congress inching towards the long awaited stimulus. The prolonged stimulus negotiations in Washington may be hurting pockets of the economy in need, but in turn has been an advantage to stock investors. Naturally investors want their money ahead of the game. Moving more of your portfolio into stocks before the economy gets a monetary boost is solid and obvious plan. As congress claims its just around the corner from finishing a deal, more investors ...

There was mixed action this week among the stock indices. Small caps (S-fund) added .7% while large cap stock indices were down nearly 1%. Public offerings shook up the status quo this week so rotation separated the strength but kept the money within stocks. There was also concern about the stimulus package out of Washington. It seems the two parties can't completely agree on where the money should go which keeps the money out of everyone's hands at the moment. There was also a slight increase in ...

The new month brings new highs in stocks. All of the major stock indices (S&P 500, DOW, NASDAQ, RUSSELL 2000) reach new record highs Friday. What made that particularly peculiar was that the day started with a jobs report that was quite short of expectations. 245,000 jobs were added last month while economists surveys expected an addition of 440,000 jobs. Another record broken Friday was the number of reported new cases of the corona virus along with the number of reported deaths from the virus ...