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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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Yesterday 03:11 PM
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03-03-2013
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View TommyIV's Blog

Recent Entries

TSP Talk Weekly Wrap Up

by TommyIV on 10-12-2019 at 04:57 PM
'Phase One' of the U.S. and China trade deal ended stocks three week losing streak. Well the promise of progress is what drove stocks higher Friday and out of negative territory for the week. The details of what President Trump called 'Phase One' went public 20 minutes before Friday's close and it sparked a sell the news reaction into the close putting stocks about where they opened. The deal made for now was essentially China promises to buy more U.S. agricultural products while the U.S. will postpone

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Updated 10-13-2019 at 03:36 PM by TommyIV

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TSP Talk Weekly Wrap Ups

TSP Talk Weekly Wrap Up

by TommyIV on 10-05-2019 at 05:36 PM
Stocks fell for the third consecutive week but U.S. stocks rebounded off mid-week lows to keep those losses modest. October has stayed true to its volatile reputation. Stocks had back to back days with more than 1% losses; action we haven't seen since last December's woes. Those losses seemed to be growing into Thursday until indices reversed their action and spent the last two trading days erasing a portion of the early losses.

The trouble started Tuesday when manufacturing numbers

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TSP Talk Weekly Wrap Up

by TommyIV on 09-28-2019 at 03:30 PM
Two intraday sell-offs this week ensured stocks their second consecutive week of losses. Investors were troubled by poor economic data showing a slowdown in consumer spending which has been thought to be the last leg for the growing economy. Political drama did not have a much of an impact but the proceeding to impeach President Trump will linger as more uncertainty for investors. A curveball was thrown in what was thought to be progressing trade talks when a report came out saying the Trump administration

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TSP Talk Weekly Wrap Up

by TommyIV on 09-21-2019 at 03:28 PM
A bumpy week in stock prices ends with mostly selling after potential trouble in trade negotiations Friday. Although the bears ended the S&P 500 weekly winning streak, it is not fair to say they are in control; but neither are the bulls. The trading action the last couple weeks has been in a flat trading range with a few extremities. It wasn't an eventless week. The Fed cut rates by a quarter percent and there was an attack on Saudi Arabian oil facilities. Both events initiated swings but a real

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Updated 09-23-2019 at 01:24 AM by TommyIV

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TSP Talk Weekly Wrap Ups

TSP Talk Weekly Wrap Up

by TommyIV on 09-14-2019 at 03:10 PM
Momentum trading, monetary stimulus, and easing trade tensions gave stocks a third consecutive week of gains. Buy it while its hot was the sentiment this week as indices like the S&P 500 continued their extension out the confinements of August trading towards the highs of July. Recession fears diminished to a degree with Chinese officials expressing intent to focus on a trade deal and President Trump postponing tariffs that were to take effect October 1st.

European Central Banks unveiled

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