TSP Talk Blog

Another big day for stocks on Friday sending many of the indices to new all time highs again. The Dow gained 162-points while the S&P 500 comes into the new week on a 7 day winning streak, which is actually the second 7-day winning streak since July 31st, so August has been a good month for stocks, and the bulls will hate to see it go.

...

Stocks were mixed on Thursday, which turned out to be a very whippy day with bouts of strength and weakness throughout the trading session. By the close we saw many indices close right between the day's highs and lows. The Dow gained a solid 160-points and the S&P 500 has now been up for 6 straight days. Meanwhile the Equal Weighted S&P 500 (same 500 stocks) has been down 5 of the last 8 days. The Nasdaq lagged yesterday as Apple, Amazon, Google, and few other big name tech stocks took ...

Stocks did it again, and also once again, the large recent winners continue to win, while the broader market is showing less enthusiasm. The Nasdaq was up a whopping 1.73% while the Russell 2000 was down sharply. The S&P 500 was up 1% while the Equal Weight S&P 500 was down modestly. The Dow gained 83-points, and bonds were down.

...

Stock were mostly higher yesterday but the Dow was down mainly because of Apple, for once, which did not participate in the rally. The S&P 500, Nasdaq, and small caps were all up comfortably, with those tech stocks leading the way despite Apple's weakness because stocks like Amazon and Microsoft took the lead. Bonds pulled back.

...

Mondays continue to be a good day for the stock market. The indices gapped higher after the good news on COVID vaccine progress and we saw the Dow jump 378-points. Apple continues to lead the way but yesterday we saw some of the broader indices and smaller companies climb aboard the upside momentum train. We saw new all-time highs in a few of the major indices, and if there were any negatives, it was that Apple and Tesla, the recent market leaders, may have started to flip.

...