Stocks were mixed this week with earnings season wrapping up and the news coverage of the tax bill keeping investors on their toes. Earnings season added volatility to the end of October after seeing tight upward trading action to the first half of the month.
Stocks produced more gains and another record high after spending most of the week below Monday’s open. It seemed as though the bears were finally making their move and we were going to see a shift in the recent momentum.
The relentless uptrend of stocks continued this week despite poor earnings reports and lackluster news on the road to tax cuts.
Stocks were mixed this week with low volume trading and low volatility. Large caps were up slightly while small caps pulled back amidst the anticipation of the tax cuts.
As for the market, September’s momentum carried into October. Here’s why.
Here’s the TSP overview for the last week of September, 2017.
Stocks managed to produce gains this week despite the history of negative seasonality, a threatening North Korea, and a hawkish Fed. A rise in bank shares kept the S&P 500 barely afloat. A slight jump up at Monday’s open pretty much marked the trading range for the index. This week was the smallest weekly rangeRead… Read more »
Learn what you need to know about TSP this week.
Read on for your weekly TSP wrap up.
The new year started off with gains across the board for the TSP funds. The TSP stock funds leaded as the C, S, and I-fund were all up more than 1.5% for the week. It seems big names are carrying the indices while the overall action may not be as positive as it seems. ThisRead… Read more »