TSP Talk Blog

The stock market threw the world a curveball on Friday, something it really likes to do. After some of the most disappointing earnings that Amazon ever reported were released after the bell on Thursday, along with a mediocre at best report from Apple, the futures dropped like a rock, but the market had been in rally mode most of the week and they were able to thrust the indices higher again on Friday instead of what could have been an earnings crash. The Dow gained 829-points. The TSP stock funds ...

The indices were mixed on Thursday but broader early gains, triggered by a stronger than expected GDP report, vanished as investors anticipated earnings from Apple and Amazon after the bell. The Dow had a solid day gaining almost 200-points with the help of the boring names like Caterpillar and Boeing, but we saw the morning rally fade as the day wore on and the indices closed near their lows. After the bell we saw another leg down in the futures due to more disappointing earnings. The indices ...

The stock market rally ran into a little trouble yesterday after those MSFT and GOOG earnings reports. A little profit taking in a bear market after a big 3-day rally is not too much of a surprise, but the question is if the action killed the rally, or just paused it. The Dow and the Russell 2000 managed to close positive and other broader indices actually showed some relative strength, but the Nasdaq and S&P 500 took on the brunt of the losses because of those earnings, despite another day ...

The dollar and 10-year Treasury yield fell sharply yesterday opening the door for a rally in stocks, which is of course what happened. The Dow gained 337-points making it three days in a row on the upside. The Nasdaq and small caps led with gains of 2.25% and 3% respectively. Unfortunately there was a lot of selling after the bell when Microsoft, Google, and others, reported earnings.

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Stocks rallied to start the new week, following up on Friday's big gains. The Dow gained 417-points and it was the highest close since September 12 for the Dow, and the highest in the S&P 500 since September 20th. Small caps lagged and bonds were down as yields and the dollar were up, so is that a sign that we should we be selling this heavy earnings week rally?

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