imported post
Wonder Woman wrote:
Request For Comments >
Should TSP Participants Stay Out of Stocks for August & September?
Please share your thoughts and insights with me.
Each participant needs to make their own decision! Anytime in stocks is a risk, that everyone has to calculate for themselves
This decision should be based on understanding the fundamentals (the economy) that shapes the market, and the analysis of primary indicators (charts, etc).
Knowing some basics like The Dow Theory is a big plus in defining and understanding market actions.
As of the end of July the market is at a high. Money flow is in the positive range and strength is good. The economy is on par, and recent earnings reports have for the majority been good.
However, in the opposing couner we have the four horsemen: Inflation, rates, earnings, and energy. Monitoring Nymex for oil, the pricing on July 29th was $60.57 a barrel. Above 60 generally means bad news for the cap funds. Earnings are good, inflation is low. However, the Fed keeps rasing the rates; which hurts any bond funds.
The start of August 04, we were seeking lower lows. Ending July 05 we have a slight pullback from highs. The MACD (moving average convergence divergence) is very close and could turn either way.
Ifsomeone could put Krude in the can, I would be moderately bullish.
Rgds, and be careful!

Spaf