TSP Talk Weekly Wrap Ups

Nowhere to hide outside of the G-fund. A failed deal between Russia and Saudi Arabia resulted in significant drop in oil over the weekend; an unforeseen addition to the market turmoil already stirred by the coronavirus outbreak. The sell-off at Monday's open was severe enough to initiate a circuit breaker trading halt for the first time since 1997. The pain was not over for those who didn't retreat already. The sell everything wave picked back up Thursday as fear of the unknown had investors wanting ...

Stocks had a week of volatile oscillation commonly seen after a quick correction period. Indices were mixed in weekly results; large caps (C-fund) were up while small caps (S-fund) were down producing lower lows. The C-fund gained 0.65% for the week but that number is less impressive compared to the 4.6% gain the fund had on Monday alone. It was a record single day point gain for major indices but it was the start of a week of swings and its highs were not challenged much more for the rest of the ...

Worst week since 2008, worst month since 2009, and fastest 10% decline from record highs ever; these are just a few noteworthy comparisons of what we saw stocks do this week. Leading up to this week, U.S. stocks were notoriously unshaken by the coronavirus and were producing new highs while the rest of the worlds stocks were selling off. Market players gave credit to the endurance of U.S. stocks in light of the potential economic implications of the new virus, but the reality was stock prices were ...

Investors ran to safer investments this week as the reality of the virus outbreak begins to seep through the cracks. Stock investors have been able to look past media hype of the coronavirus while putting their trust in central banks to stimulate the economy when needed. But when a couple U.S. companies, starting with the power house Apple, announced they won't reach revenue projections next quarter because of the slow down in China, investors were quick to retreat stocks and buy up government bonds, ...

Stocks produced their second week of gains in the face of the coronavirus which has yet to be contained; but investors seem confident it will be. Stock prices jumped to higher highs this week but the day to day action was choppy and inconsistent. Poor opens turned into rallies and strong opens faded, but the net result were gains over 1% in the U.S. stock indices. Jerome Powell couldn't reassure investors about the projected impact of the coronavirus or the Fed's course of action in response. It ...