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About TommyIV

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About TommyIV
Currently a student at Utah State University working on a degree in Biology. Also a student of TspTalk working on my own financial education.


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Yesterday 11:12 AM
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Recent Entries

TSP Talk Weekly Wrap Up

by TommyIV on Yesterday at 11:12 AM
Hey all I'm taking the week off to enjoy the holiday. I will cover the action in the TSP funds including this week in next week's post.

Happy Holidays

TSP Talk Weekly Wrap Up

by TommyIV on 04-13-2019 at 03:23 PM
Stocks spent most of the week down from last week's close until big bank earnings and positive economic news out of China pushed stocks up Friday for their third straight week of gains. The trend of light volume resumed this week and trading was tight and uneventful for most of the week ahead of earnings. What seemed to be a good time for indices to pull back from their relentless surge turned into a breakout of resistance and new highs for the year.

JP Morgan came out with better-than-expected

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TSP Talk Weekly Wrap Up

by TommyIV on 04-06-2019 at 04:54 PM
The beginning of the new quarter paralleled optimistic headlines and favorable economic data setting up buyers to continue their control of the stock market. Manufacturing activity in China perked up in March according to reports after coming off a three year low in February. This sparked investors' interest who previously were concerned that trade disputes between the U.S. and China were dragging down global production; the report discredited these worries. Buyers were provoked again Wednesday

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TSP Talk Weekly Wrap Up

by TommyIV on 03-30-2019 at 03:06 PM
Stocks prices moved directionless through the week until sellers stepped aside mid-Thursday to the close on Friday resulting in more than 1% gains for U.S. stocks. The bears failed to gain any real momentum when the opportunity presented itself. Dip buyers were at work this week shutting down any pull-back keeping prices afloat. Stocks finished the week at their highs with some credit given to more news of progress on trade deals with China.

The upside momentum slowed down in March

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TSP Talk Weekly Wrap Up

by TommyIV on 03-23-2019 at 03:34 PM
The Fed remained accommodative to the market this week but the dovish Fed along with poor manufacturing data made the signs of global growth slowdown all too real. On Wednesday the Fed suggested they are unlikely to raise interest rates this year. Investors followed with a failed rally Wednesday that was revived Thursday establishing new 2019 highs for the S&P 500. The weekly gains were quickly given back and then some on Friday after manufacturing reports held more signs of an economic slowdown

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