TommyIV's TSP Talk Blog

The oil price collapse brought stocks down early in the week but a display of buyer resilience erased most of the early losses. Demand in oil plummeted while supply remained developed from the strong economy before the pandemic. The price of oil contracts had their worst sell-off in history spooking market participants early in the week. Cash holders quickly regained their attraction to stocks and the early losses were nearly erased in the S-fund and about 3/4th of the losses were reclaimed in the ...

Stocks stretched higher Friday keeping the recovery rally intact. This week was a back and forth battle for momentum between those optimistic about the economy's recovery and those who think the real damage has yet to come. The prospect of reopening businesses and flipping the economy switch back on has many hopeful that what once was will be again soon. The Federal Reserve and the government have dumped unprecedented amounts of stimulus into banks, businesses, and directly to the consumer to make ...

Investors grew optimistic this week that the worst of the coronavirus is over and the Federal Reserve is saving the economy; the outcome was the greatest week of gains for stocks since 1974. Stocks gapped up early this week maybe off of optimism that the worst had been priced in, or maybe volatility had stocks swinging that way. Whatever the true cause the momentum did not retract. The bulls took over the short trading week and the fear of missing out syndrome turned stocks into a vacuum for cash. ...

The bears resurfaced this week after resistance, jobs report, and the oil war put a cap on the bull's recovery attempt. Investors had jumped back into stocks the previous week after stimulus was passed by the lawmakers, but that excitement faded as job numbers were being realized and unemployment and jobless numbers were greater than expected. The 701,000 jobs lost in the March jobs report was the first net job loss since 2010 and unemployment jumped to 4.4%. But the staggering realization was that ...