Spaf
Honorary Hall of Fame Member
- Reaction score
- 45
Market Talk
Sunday Edition
December 23, 2007
Sunday Edition
December 23, 2007
General Commentary:
We continue to have moderate growth with no real evidence of a recession. Last Friday's advances were made on fairly high volume.
Three technical conditions indicate an advancing market. The $SPX is trading above it's 13 day moving average and slightly above it's 50 day moving average of 1481. The slow stochastics is out of the oversold conditions, bullish with %K above %D. And, the index has put in a higher low.
Economics / Fundamentals:
Economic indicators are running about 5 - 2 (See CNNMoney link). Crude was up $2.04 last week, closing at $93.31
Economic News - CNNMoney
NYMEX crude - wtrg
Technical Analysis:
The S&P was up 16.51 points for the week.
We did set some stops, but they got broken at Alert: 1,500 and Trail: 1,485, about 10 days ago. Hopefully they can be reset.
Me and TSP
My allocations can be found in my signature and the Auto Tracker. The real theme is your own risk tolerance and skills. We need to actively manage our accounts. Not that we want to be glued to the Lilly Pad (G-Fund) but neither do we want to be swimming in a pool of sharks! I enjoy the Premium Services, what is said. However, I make up my own allocation, which is generally based on the L-2010, and L-Income funds.
TSP Share Prices:
Week Ending........G=12.26..F=11.85..C=16.74..S=20.04..I=24.42
End of 2006.........G=11.71..F=11.14..C=15.69..S=18.76..I=22.22
Have a good week!
A Merry Christmas!
A Merry Christmas!
And, be careful out there!
