Good Monday morning TSP participants. It’s time for your weekly TSP Talk. Stocks opened in dire straights on Friday, but quickly found their footing turning a 150-point decline into a small gain by the afternoon, but by the close sellers jumped back in and took the Dow down 119 points. After a dismal 2008, theRead… Read more »
Good morning. It’s your Monday morning dose of TSP Talk. Stocks dropped about 1% again on Friday and it was quite a wild day. The Dow was down over 200-points at one point, came all the way back within 20 points of break even, before closing down 100-points. Volume was quite high. You have toRead… Read more »
Good morning. Here is our weekly TSP update taken from TSP Talk’s 2/17/09 daily market commentary: The market got off to a hot start in February as the S&P 500 gained 5.2% during the first week of the month. Unfortunately, those gains dissolved last week as the S&P gave back 4.8%. Where to next? TheRead… Read more »
Good morning govloop! It’s your Monday morning TSP Talk. Stocks were off to the races on Friday and the market broke a 4-week losing streak last week as the S&P 500 gained over 5%. While the TSP funds are still all in the red for 2009, the Nasdaq poked its heading into positive territory. That’sRead… Read more »
Good Monday morning govloopers! Here is your weekly dose of TSP Talk… This may sound cliché, but this should be a big week for the stock market. After Thursday and Friday’s big losses, which erased the impressive gains made earlier in the week, the market appears ready to make a move. The problem is itRead… Read more »
Good Monday morning govloop members! Stocks were mixed on Friday as the Dow lost ground, along with the international stocks, while the S&P 500 and small caps each gained about a half of a percent. With a week to go in the first month of 2009, only the G-fund is in green territory in January.Read… Read more »
Stocks ended last week on a positive note as the pre-holiday bullish bias seemed to work out. With today’s Inauguration many folks are anticipating a rally based on the hope of change, but it may be too much to ask for. The S&P 500 did make some positive moves late last week but the chartRead… Read more »
Unlike in December, the market could not overcome the poor jobs report on Friday as stocks dropped sharply, closing at their lowest levels of the day. Not a good start to January. As the old adage says; As goes January, so goes the year. Some take it a step further and say; As goes theRead… Read more »
Stocks put in another typical holiday trading session on Friday as the major indices moved higher on very light volume. The TSP stock funds gained 0.5% to 1.2%, with all funds, including bonds, moving higher. The S&P 500 is still unable to climb above the overhead resistance and this would be a negative except thatRead… Read more »
Good morning. It’s your Monday dose of TSP Talk’s market commentary. Stocks rallied sharply after the announcement of the auto bailout on Friday, as the Dow moved up about 200-points, but just like we saw after the financial bailout, the gains were quickly given back and the Dow finished down 25-points. The S&P 500 andRead… Read more »