TommyIV's TSP Talk Blog

I apologize for the late post and for anyone waiting for the Weekly Wrap Up for this week. I'm on vacation this weekend and couldn't find the time for the report with my travel plans. I'll keep it real short here but let's note that stocks had a great week despite the negative GDP numbers and another 0.75% rate hike by the Fed.





I hope most of you caught some of the gains. Good luck next week.


Thomas A Crowley

The bulls took a significant stride this week. Coming off the previous week's loss, stocks put together a three day streak of gains Tuesday through Thursday that were enough to lead the C-fund to more than 2.5% in gains and the S and I-funds to more than 3.5% in gains for the week despite losses to start and end the week. Earnings have not been outstanding but are still slightly outpacing expectations. There are ideas flying around that we have reached peak inflation and the worst yet has ...

A parade of economic data and bank earnings catalyzed the price movement this week. The first four days of the week brought negative returns for the TSP stocks, some selling was sparked by the higher-than-expected Consumer Price Index and weak profits from JP Morgan. That included Thursday where stock indices opened at their lowest price in July, but shortly after dip buyers sparked a rally that would erase most of Thursday's early gains and provide momentum that led to gains Friday ...

It was a short but productive week for the bulls. Both the C and S-funds were up three of the four trading days this week with modest losses to finish the week Friday. The S-fund led the TSP funds for the week with a gain of 2.59% to continue a profitable start to July that started the Friday before the holiday weekend. That did not seem to be the case at the Tuesday's open when stocks opened down to start the new week. The U.S. stock funds were down near 2% in the early trading of Tuesday, but ...

The bulls could not sustain the previous week's rally into this week. Instead stocks saw four straight days of losses. The C and S-fund produced gains of more than 1% Friday to erase of the previous two day's losses and ultimately ending this week near where the previous Friday's rally started. Leading up to Friday's gain it was all doom and gloom for the markets. Investors and economists are beginning to accept that a recession is immanent considering the current GDP projections and the Federal ...