05/10/13
Stocks saw a modest pullback on Thursday as the Dow lost 22-points. The TSP stock funds lost between 0.3% and 0.7% with bonds also slipping a bit.
[TABLE="width: 88%, align: center"]
[TR]
[TD]
[/TD]
[TD="align: center"]Daily TSP Funds Return[TABLE="width: 154"]
[TR]
[TD]G-Fund:[/TD]
[TD="align: right"]+0.0035%[/TD]
[/TR]
[TR]
[TD]F-fund:[/TD]
[TD="align: right"]-0.06%[/TD]
[/TR]
[TR]
[TD]C-fund:[/TD]
[TD="align: right"]-0.32%[/TD]
[/TR]
[TR]
[TD]S-fund:[/TD]
[TD="align: right"]-0.41%[/TD]
[/TR]
[TR]
[TD]I-fund:[/TD]
[TD="align: right"]-0.65%[/TD]
[/TR]
[/TABLE]
[TABLE="width: 80%, align: center"]
[TR]
[TD="align: right"]More returns [/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]
The S&P 500 held at resistance but there was certainly no damage done in the 0.3% loss.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
The AAII Investor Sentiment Survey (not a TSP Talk poll) came it at 41% bullish, 27% bearish. That is a 1.49 to 1 bulls to bears ratio and quite a move from prior weeks. We're finally starting to see some bullishness from the dumb money, although it is not extreme. It was the first time in 5 weeks that there were more bulls than bears.
That survey was taken on Wednesday. Our TSP Talk Sentiment Survey was taken on Thursday, and it appears the modestly red day was enough to keep our readers pretty bearish - at least compared to the AAII results.
Our survey came in at 47% bulls, but 43% bears. That's a 1.09 to 1 ratio, and it is still bearish enough to keep the system on a buy signal for next week.
I have to cut this short because right now all I am thinking about is the AutoTracker, which is having an issue. I want to get working on that to get it updated as soon as possible.
Thanks for reading! Have a great weekend!
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 saw a modest pullback on Thursday as the Dow lost 22-points. The TSP stock funds lost between 0.3% and 0.7% with bonds also slipping a bit.
[TABLE="width: 88%, align: center"]
[TR]
[TD]
[TD="align: center"]Daily TSP Funds Return[TABLE="width: 154"]
[TR]
[TD]G-Fund:[/TD]
[TD="align: right"]+0.0035%[/TD]
[/TR]
[TR]
[TD]F-fund:[/TD]
[TD="align: right"]-0.06%[/TD]
[/TR]
[TR]
[TD]C-fund:[/TD]
[TD="align: right"]-0.32%[/TD]
[/TR]
[TR]
[TD]S-fund:[/TD]
[TD="align: right"]-0.41%[/TD]
[/TR]
[TR]
[TD]I-fund:[/TD]
[TD="align: right"]-0.65%[/TD]
[/TR]
[/TABLE]
[TABLE="width: 80%, align: center"]
[TR]
[TD="align: right"]More returns [/TD]
[/TR]
[/TABLE]
[/TD]
[/TR]
[/TABLE]
The S&P 500 held at resistance but there was certainly no damage done in the 0.3% loss.
Chart provided courtesy of www.decisionpoint.com, analysis by TSP Talk
The AAII Investor Sentiment Survey (not a TSP Talk poll) came it at 41% bullish, 27% bearish. That is a 1.49 to 1 bulls to bears ratio and quite a move from prior weeks. We're finally starting to see some bullishness from the dumb money, although it is not extreme. It was the first time in 5 weeks that there were more bulls than bears.
That survey was taken on Wednesday. Our TSP Talk Sentiment Survey was taken on Thursday, and it appears the modestly red day was enough to keep our readers pretty bearish - at least compared to the AAII results.
Our survey came in at 47% bulls, but 43% bears. That's a 1.09 to 1 ratio, and it is still bearish enough to keep the system on a buy signal for next week.
I have to cut this short because right now all I am thinking about is the AutoTracker, which is having an issue. I want to get working on that to get it updated as soon as possible.
Thanks for reading! Have a great weekend!
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.
