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About TommyIV

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About TommyIV
Biography:
Part of the TSP Talk family. I write the Weekly Wrap Up blog as well as a number of educational pages throughout the site.

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TommyIV's ETF Trading Returns |
Chart Patterns |
An ETF Trading Primer |

Disclaimer: This is not advice or a recommendation.

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Total Posts
Total Posts
118
Posts Per Day
0.05
General Information
Last Activity
02-15-2020 06:56 PM
Join Date
03-04-2013
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View TommyIV's Blog

Recent Entries

TSP Talk Weekly Wrap Up

by TommyIV on 02-15-2020 at 06:56 PM
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

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TSP Talk Weekly Wrap Up

by TommyIV on 02-08-2020 at 02:05 PM
Stocks had a strong bounce back from the late January losses this week. U.S. large cap indices saw their best week since June thanks to strong corporate earnings following discounted prices produced by coronavirus fears. The coronavirus is still a concern and its unclear how long the outbreak will impact Chinese economy and to what extent. Investors are swallowing a lot of factors currently and which headline has their at most attention depends on where stock prices are on their current volatile

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TSP Talk Weekly Wrap Up

by TommyIV on 02-01-2020 at 04:10 PM
Coronavirus fears overshadowed strong earnings eventually repressing dip buyers. Stocks were down to start the week but with decent earnings from big names such as Amazon, Apple, Microsoft, and Tesla, buyers fought back to erase pull backs induced by coronavirus headlines and worries of the global economic impact the outbreak will leave behind. Well on the last day of the month dip buyers were a no show and stocks saw their worst action since August. The Friday sell-off sent stock indices into

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TSP Talk Weekly Wrap Up

by TommyIV on 01-25-2020 at 03:02 PM
Investors grew skittish over coronavirus news late in the week ending a two week streak of gains in stocks. Stock indices spent moments in positive territory early in the week but as the coronavirus outbreak grew so did the fears of its potential global economic impact. Its a flashback to the SARS outbreak in 2003 which was credited for nearly a 1% drop in China's GDP. But it was Friday when stocks really expressed concern and dip buyers were absent. U.S. stocks fell around 1% on the day. This was

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TSP Talk Weekly Wrap Up

by TommyIV on 01-18-2020 at 04:10 PM
The bears remain in hibernation for the winter allowing stocks to continue this relentless climb. Investors' fears of the Iran situation went quiet real quick when all was said and done. With that aside the signing of the phase one trade deal was in sight coming into this last week. Many anticipated a "sell the news" reaction but conversely it turned out the deal was not already priced in. A few changes kept investors on their toes but for the most part it was a relief for the market to get something

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