TSP Talk Weekly Wrap Ups

A five week winning steak for stocks ends with a two day pull back ahead of the holiday weekend. Buying accelerated Wednesday but was followed by a steep pull back in the indices. The broad indices have become top heavy with the outperforming tech companies. The tech sector had ended the week with corrective action and brought the indices with it. After the selling continued into Friday morning the dip buyer decided it was time to get to work and a snap-back rally Friday took the indices off the ...

Stocks had their best week since early July all the while the S&P 500 produced a new all time high every day. August kept to its character and stretched prices ever higher. Both the C and S-fund have more than 7% for August with just one day left. Bears who argued that a double top would be the down fall of the S&P 500's rally were left with little much to say other than the market is trading unreasonably. That may be true but so far that doesn't make being a bear prosperous. Things are still shaky ...

A week of mixed action produces gains for U.S. stock indices and new all time highs for the S&P 500. While the S&P 500 reached new all time highs there was still caution seen by investors. Stocks sold off Wednesday following the FOMC meeting that did little to reassure investors and gave an opportunity for some profit taking. The bull resilience pushed stock prices back near the highs for the week but much of the credit must be given to the heavy index weighted Apple performance. Apple has been ...

The momentum in stocks gains decelerated this week with the pre-pandemic highs hovering above large cap prices. The S&P 500 fell shy from producing new highs and slid from the weekly highs to finish the week. This week's action gets us inside the collective mind of the stock investor. With a few bumps here and there, the stock market has produced its fastest recovery out of a bear market in recorded history. But as we are about to make new highs and put the mess behind us, one thing still lingers: ...

Investors continue to buy up stocks as they approach pre-pandemic levels. The S&P 500 produced its 6th consecutive day of gains Friday after a late surge the last couple hours of trading pushed the index out of negative territory. Positive earnings in smaller stocks and a jobs report that outdid expectations had money moving to stocks, particularly small caps. There was rotation out of large cap names and into small caps especially towards the end of the week. The Nasdaq produced a loss Friday to ...