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 »
April was another good month for the Thrift Savings Plan. How good? Kim Weaver is the Director of External Affairs at the Federal Retirement Thrift Investment Board. She told Chris Dorobek on the DorobekINSIDER program that every single fund was up in April. April’s Numbers: How Does the L-Fund Work? The L-Fund is made upRead… Read more »
Every month the DorobekINSIDER breaks down your Thrift Savings Plan. We want to know the funds faired, changes to your retirement process and trends in the funds. So did March match February’s gains? Kim Weaver is the Director of External Affairs at the Federal Retirement Thrift Investment Board. She told Chris Dorobek that March wasRead… 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 »
2012 was a banner year for the Thrift Savings Plan. Funds across the board saw marked improvements. Kim Weaver is the Director of External Affairs the Federal Retirement Thrift Investment Board. She told Chris Dorobek on the DorobekINSIDER program that the 2012 returns aren’t something you should wave a stick at. But before we getRead… 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 »
For the second week in a row, the S&P 500 bottomed out on Wednesday, then closed near the high of the week on Friday. I don’t know what the significance of that might be except that in market timing and technical analysis, we are sometimes just watching out for patterns because they tend to repeatRead… Read more »
Holiday weeks tend to have a positive bias, but what we saw last week was not typical. We saw big gains with nearly 4% returns in each of the TSP stock funds. The question now of course is, what will a post-holiday market look like? Here are the TSP fund returns for the week ofRead… Read more »
Last week was a bit of a rollercoaster ride for the stock market as we saw strong gains early in the week, a big sell-off in the middle of the week, and another rally on Friday. Greece, Spain, economic data, and some bank downgrades helped shape the action. Here are the TSP fund returns forRead… Read more »