TommyIV
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The July trajectory officially continues into August, but some technical resistance should still make you question its longevity. It wasn't a great start to the week, but the Consumer Price Index sparked new life in buyers. The CPI report was slightly less than the previous months suggesting inflation has potentially peaked. It wasn't a spectacular pull back in price growth, but buyers connected it with the Federal Reserve pulling back on their aggressive rate hikes. Of course, some

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The S&P 500 was down four of the five days this week yet that one day of gains was enough to carry the C-fund into positive territory (+0.38%) for the week. Small caps had a different week, the DWCPF was up four of the five days this week. The index was able to stay in positive territory on days large caps saw losses. The boosted the S-fund to outperform the TSP funds with a 2.38% gain for the week. Yet another different performance was the I-fund that jumped between gains and losses to ultimately

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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

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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

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