TommyIV's TSP Talk Blog

The bulls found their footing this week and strung together gains four of the five days. The S&P 500 came into this week with seven straight weeks of losses in the rearview mirror. However, a late rally the previous Friday carried on into Monday to start the week with gains. The only loss for the week came Tuesday but the indices were off their lows to remain positive for the week by the close.

The TSP was shut down after Thursday's gains, so the TSP prices do not reflect Friday's ...

A seventh straight week of losses for the S&P 500 (C-fund) is the longest streak since 2001. Stocks had a promising start to the week through Tuesday, but stocks sold off hard Wednesday leading to the S&P 500 deepest single day loss since June of 2020 and extending the index to its lowest price of the year. Analysts have been waiting for the S&P 500 to join small cap indices (S-fund) in a bear market (characterized as 20% down from the high). This happened intraday Friday, but it was ...

An ugly week for stocks gave the C-fund its sixth straight week of losses, but a bear market rally Friday brought the indices out from the depths. The S&P 500 was at the brink of entering a technical bear market going into Friday. Action has been poor for months but it is a fall of 20% from the highs where Wall Street will consider the index in a bull market; the S&P 500 was down 17.6% from its high on January 3rd coming into Friday. The distinction is arbitrary yet significant to investors and ...

Stock had a volatile reaction to the FOMC meeting this week that ultimately led to deeper losses in the indices. The Federal Reserve raised interest rates this week by 0.5% for the first time since 2000, and it was their second consecutive meeting where they raise rates. Stocks soared following the FOMC press release. It was an emotional reaction to something that wasn't unexpected. The market had seen this coming weeks in advance yet it triggered a buying frenzy as a result of pent up investors ...