Stocks were mixed last week in front of the uncertainty of this Monday’s deadline for a continuing resolution to fund the government. Considering what is at stake, the market held up rather well, but as our TSP Talk Plus members saw this week, a shutdown hasn’t always been a bad thing for the market. HereRead… Read more »
Stocks rallied sharply on Wednesday last week, after the Fed announced no tapering to their bond buying policy at this time . The bulls loved it, as you can see on the chart below, but we saw the indices give back some of the gains on Thursday and Friday. Here are the weekly, monthly, andRead… Read more »
During what is supposed to be the weakest month of the year historically, stocks had another great week adding to some impressive gains for the month of September. Some were calling it a relief rally after the threat of a strike on Syria subsided, and if that is the case, it may be an overreaction.Read… Read more »
Picture this as your team of colleagues at your agency: On one hand, you have a promising 27 year old college graduate. They demand both recognition from their peers, as well as long-term challenges appropriate to their career development plan. They require a career plan that will keep a talented and eager young professional excited,Read… Read more »
Stocks were relatively flat on Friday but it was a wild day to end the week. The jobs report was a disappointment with over 10,000 fewer jobs being created in August than was expected, and there were also downward revisions made to both June and July’s report. The good news is, the unemployment rate droppedRead… Read more »
After a roaring start last week, stocks peaked on Wednesday and finished with some wild intraday action and a rare weekly loss in 2013. We saw a mini-crash in Japan as the Nikkei lost over 7% in Thursday’s trading. This triggered a very weak open for our indices on Thursday morning, but buyers stepped upRead… Read more »
The market had a little hangover earlier last week, after the big jobs report rally on Friday February 1. But a big reversal day on Thursday of last week, followed by a nice rally on Friday, and the market avoided its first losing week of the new year. Here are the TSP fund returns forRead… Read more »
After a very modest two day pullback on Wednesday and Thursday, stocks rebounded on Friday after what appeared to be a weaker than expected jobs report where we actually saw the unemployment rate move back up to 7.9%, and 157,000 jobs being added, which was slightly lower than estimates. But large upward revisions to theRead… Read more »
The market’s relentless move higher continued as new highs were made on the S&P 500 every day last week. Earnings have been generally strong, except for Apple’s disappointment, and imagine the gains we may have seen in the indices if Apple was involved in this rally rather than tumbling and being the worst performing stockRead… Read more »
Executive Orders, Political Ignorance, and Journalists’ Negligence On Tuesday, thousands of ignorant reporters were wrong about President Obama’s proposals to end gun violence. Their negligence fuels the psycho-goofball conspiracy nutjobs who claim that Executive Orders are illegal, that Obama has issued more than any other president, and that he’s coming for your guns. Barack ObamaRead… Read more »