2/13/13
Stocks continue to drift higher without much fanfare. The gains are not big, but they have been relentless. The Dow gained 47-points yesterday, while the S&P was up a couple, and the Nasdaq actually lost 5.51.
[TABLE="width: 88%, align: center"]
[TR]
[TD]
[/TD]
[TD="align: center"]Daily TSP Funds Return[TABLE="width: 149"]
[TR]
[TD]G-Fund:[/TD]
[TD="align: right"]+0.0043%[/TD]
[/TR]
[TR]
[TD]F-fund:[/TD]
[TD="align: right"]-0.14%[/TD]
[/TR]
[TR]
[TD]C-fund:[/TD]
[TD="align: right"]+0.16%[/TD]
[/TR]
[TR]
[TD]S-fund:[/TD]
[TD="align: right"]+0.35%[/TD]
[/TR]
[TR]
[TD]I-fund:[/TD]
[TD="align: right"]+1.10%[/TD]
[/TR]
[/TABLE]
[TABLE="width: 80%, align: center"]
[TR]
[TD="align: right"]More returns [/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]
The S&P 500 is doing what has been doing since the start of the New Year - moving higher. Except for the pullback at the end of 2012, the angle of incline has been about the same since mid-November.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
The intermediate-term chart shows the potential danger for the rally as the index is flirting with over head resistance.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
The long-term chart shows room both above and below the intermediate-term trading channel, but right now, all of the trends, short, intermediate, and longer-term are all moving up.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
As I mentioned, the Nasdaq dipped a few points yesterday with Apple being a drag on the index. The short-term trend is up as it tests the top of the recent narrow trading range.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
Most of the indicators are neutral to slightly overbought, but these indicators are showing some divergences from the price action. This has the potential to be troublesome, but the market has been able to swat away virtually every obstacle in its way this year.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
Administrative Note: I have been working feverishly with our server techs to get the AutoTracker back in working order after this weekend's upgrades. The IFT's are being processed but the part that calculates the new daily and annual return continues to abort and our techs are trying to figure out why. It shouldn't be long and except for some down time while we run some tests, you should be able to input your transactions. I better get back to it now.
And thanks for reading! We'll see you back here tomorrow.
Tom Crowley
Posted daily at TSP Talk Market Commentary
The legal stuff: This information is for educational purposes only! This is not advice or a recommendation. We do not give investment advice. Do not act on this data. Do not buy, sell or trade the funds mentioned herein based on this information. We may trade these funds differently than discussed above. We use additional methods and strategies to determine fund positions.
Stocks continue to drift higher without much fanfare. The gains are not big, but they have been relentless. The Dow gained 47-points yesterday, while the S&P was up a couple, and the Nasdaq actually lost 5.51.
[TABLE="width: 88%, align: center"]
[TR]
[TD]
[TD="align: center"]Daily TSP Funds Return[TABLE="width: 149"]
[TR]
[TD]G-Fund:[/TD]
[TD="align: right"]+0.0043%[/TD]
[/TR]
[TR]
[TD]F-fund:[/TD]
[TD="align: right"]-0.14%[/TD]
[/TR]
[TR]
[TD]C-fund:[/TD]
[TD="align: right"]+0.16%[/TD]
[/TR]
[TR]
[TD]S-fund:[/TD]
[TD="align: right"]+0.35%[/TD]
[/TR]
[TR]
[TD]I-fund:[/TD]
[TD="align: right"]+1.10%[/TD]
[/TR]
[/TABLE]
[TABLE="width: 80%, align: center"]
[TR]
[TD="align: right"]More returns [/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]
The S&P 500 is doing what has been doing since the start of the New Year - moving higher. Except for the pullback at the end of 2012, the angle of incline has been about the same since mid-November.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
The intermediate-term chart shows the potential danger for the rally as the index is flirting with over head resistance.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
The long-term chart shows room both above and below the intermediate-term trading channel, but right now, all of the trends, short, intermediate, and longer-term are all moving up.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
As I mentioned, the Nasdaq dipped a few points yesterday with Apple being a drag on the index. The short-term trend is up as it tests the top of the recent narrow trading range.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
Most of the indicators are neutral to slightly overbought, but these indicators are showing some divergences from the price action. This has the potential to be troublesome, but the market has been able to swat away virtually every obstacle in its way this year.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
Administrative Note: I have been working feverishly with our server techs to get the AutoTracker back in working order after this weekend's upgrades. The IFT's are being processed but the part that calculates the new daily and annual return continues to abort and our techs are trying to figure out why. It shouldn't be long and except for some down time while we run some tests, you should be able to input your transactions. I better get back to it now.
And thanks for reading! We'll see you back here tomorrow.
Tom Crowley
Posted daily at TSP Talk Market Commentary
The legal stuff: This information is for educational purposes only! This is not advice or a recommendation. We do not give investment advice. Do not act on this data. Do not buy, sell or trade the funds mentioned herein based on this information. We may trade these funds differently than discussed above. We use additional methods and strategies to determine fund positions.
