Quick Holiday Update

11/11/11

The S&P 500 recaptured the 200-day EMA yesterday making it look more like the Wednesday sell-off on Italy's bond yield was a temporary road-block.

The TSP will be close on Veteran's Day. The share prices will not be updated and per the TSP, any transactions that would have been processed Friday night (November 11th) will be processed Monday night (November 14th) at Monday's closing share prices.

Thanks for reading! Enjoy your holiday weekend!

Tom Crowley

 

[Kaufmanrider]

Enjoy your Veteran's Day Weekend Tom. Thanks for all the exellent commentaries you put out.

 

[uscfanhawaii]

Enjoy your Veteran's Day Weekend Tom. Thanks for all the exellent commentaries you put out.

Yes indeed! Thanks so much, and have a good Veterans Day and long weekend.
One question...even tho TSP is closed today, are you going to update the Autotracker? Just wondering, not a big deal.

 

[tsptalk]

Thanks guys!

The TSP does not update the share prices on holidays so there will be no changes in returns. But because of the way our software is set up, I actually do process the holiday as if the prices were the same as the prior day's, so everyone will have a 0% daily return for Friday.

On Monday the TSP will combine Friday and Monday's market action to come up with a price.