If you like roller-coasters, you probably loved the action last week. We saw 4 out of 5 trading days with at least a 90-point move in the Dow. In January there were 10 days where the Dow moved 100-points or more, while in 2013 there was just one so, unfortunately for the bulls, 2014 mayRead… Read more »
Stocks tumbled toward the end of last week triggered by some weak data out of China and trouble with emerging markets. Add to that a Fed who is ready for another round of tapering of QE, and investors got a little spooked. Here are the weekly, monthly, and annual TSP fund returns through Friday, JanuaryRead… Read more »
The week started out with a steep sell-off with the Dow losing 179-points on Monday. There was a snap-back rally on Tuesday and into Wednesday, but by the end of the week the results were mixed. Bonds had another positive week and continue to lead the way in 2014. Here are the weekly, monthly, andRead… Read more »
After a slow start to 2014, stocks rebounded last week and showed some resilience by not breaking down after the weak jobs report on Friday. The gains took the S-fund out of the red for the year, but the C and I-funds still show minor losses. The F-fund, last year’s dog, has been the earlyRead… Read more »
Stocks pulled back last week as we hit a weak spot between the big jobs report and the typical late December Santa Clause rally. Historically, that’s typical so the question is, how much concern should we have going into this week after last week’s losses? We came into this past week following a big jobsRead… Read more »
It was a holiday shortened week with typical pre / post Thanksgiving activity. Volume was light but the bias was up. Post holiday trading can prove tough to analyze since there is a positive bias during the pre-holiday trading and there tends to be reversals after the holiday. So, does that mean stocks are dueRead… Read more »
Stocks started the week with some selling but things turned around by Thursday morning; moving almost straight up after the Philly Fed Report which actually came in much weaker than expected. Investors saw this as a sign that the Fed will be less likely to taper their quantitative easing program any time soon as badRead… Read more »
We started the week coming off the jobs report that triggered a big rally the Friday before. The stock market digested those gains for a couple of days and by the open on Wednesday it looked like we may see a bit of a pullback. But then the Janet Yellen confirmation hearings started, and theRead… Read more »
A Government Accountability Office report says federal agencies have largely not developed comprehensive plans to consolidate information technology systems under the PortfolioStat initiative, Nextgov reported Wednesday. Joseph Marks writes GAO identified 200 IT reform opportunities that could save agencies up to $5.8 billion through 2015. GAO’s savings projection is more than double the $2.5 billionRead… Read more »
We saw a breakdown in the stock market on Thursday that seemed to be a topping turning point. That is until we got the October jobs report on Friday morning and investors did an about face and bought on this news. The stock indexes improved their technical picture but they are not out of theRead… Read more »