The rally sparked by the election held up this week just as resistance and an expected seasonality pull-back met. As a result, stocks experienced there first week of losses since November 4th. On queue with past trends, investors took some profits after the surge from the Thanksgiving holiday week and this was even more expectedRead… Read more »
Stocks fell day after day this week as the election is approaching with no clear winner. There is also no telling how the market will react to a win from either candidate. On top of that, the Fed met this week and conveyed the possibility of a rate hike in December despite the poor conditionsRead… Read more »
Stocks had issues with holding on to early gains from stronger opens as they were followed by weaker closes. Earnings reports continued to be in the limelight; a weak report from Apple was a big plus for the bears as it rippled weakness throughout the major indices. There was also more political drama concerning ClintonRead… Read more »
Better than expected earnings reports from some big names, such as Netflix and Microsoft, gave stocks the juice to end the week in positive territory. The gains were modest, around 0.5% for TSP stock funds, but its the first positive week in October. This is good if you were in stock TSP funds for theRead… Read more »
Stocks rallied Monday which was a rebound after the sell-off the previous Friday; not all of Friday’s losses were erased but it was a plus for the bulls. However the Monday gains were erased Tuesday and the rest of the week contained choppy action with some gains on Thursday, as a result of weak economicRead… Read more »
Stocks were up Monday but slowly sold-off through the mid-week days as traders anticipated the release of the August jobs report Friday. The report was thought to give traders an idea of whether the Fed would raise interest rates or not in the next FOMC meeting. The consensus estimates were an addition of 185,000 jobsRead… Read more »
Stocks were thrown into positive territory Tuesday as the market was up at the open; the strong open also happened to be the peak of the week. Stocks sold off intraday Tuesday and the selling continued into Wednesday and Thursday. Janet Yellen spoke Friday Morning about the next potential interest rate hike. Her comments wereRead… Read more »
The S&P 500 was down four of five days this week leading to more than a 1% loss in all the TSP stock funds. Anticipation for next week’s vote on whether Britain leaves the Euro Zone has been a hot topic for traders this week. Thursday’s gains were a indication of how stocks will reactRead… Read more »
The market produced slight gains for the week after oscillating day to day between gains and losses. The Fed further validated potential rate hikes in June on Wednesday. This wiped out the gains of the preceding rally to end the day with a slight gain for the S&P500. Selling continued into Thursday but buyers slowlyRead… Read more »
The market saw two good days of positive action this week; the first Tuesday and the second Thursday, both with the rally in oil as a catalyst. The gains of those days were wiped out the following day(Wednesday and Friday) though with weakness in Disney and retail. Friday’s action pushed the market into negative territoryRead… Read more »