Good evening, TSPwire Tactical Investor!
Since last Monday majority of TSP funds (except for F Fund) had two up days and two down days. Both upward movements were fueled by mergers and acquisitions (MA) news. We should thank for that Daimler Chrysler which decided to cut their losses by selling portion of their business and Microsoft that allegedly decided to grossly overpay for aQuantive Inc.
Some investors also bet that Feds will be willing to cut rates on their next meeting. In our opinion it would be very foolish of them to do that. Dollar stays very low against major currencies. Eco ...
As you all probably remember, February’s global sell-off was ignited by a drop in Chinese markets. Since 27th February the Shanghai Composite Index rose almost 45%. That jump was primarily fueled by speculators and China’s regulators had no luck in containing them. We think that it’s only a matter of time before Shanghai’s index will blow up in speculators’ faces and send another ripple effect across world markets.
On second note, U.S. economy s ...
Major US Stock indexes retreated today S&P 500 (C Fund) hit 6-year high.
A number of weak economic reports came out today:
Positive economic news, good earnings results and mergers kept the bull running last week. Now investors are betting on Federal Reserve meeting. They are almost 100 percent positive that Feds will hold rates and will not say much about possibility of future rate hikes.
U.S. economy started first quarter with its weakest growth in 4 years. Readings were below economists’ expectations, but some investors believe that we scratched the bottom and should move upward in the near future. The strong global economy is yet another reason that economists are esp ...
Good morning, TSPwire Tactical Investor!
What a week! US Stocks hit all-time high. At the same time Dollar dropped to the 2-year low against Euro, Yen and British Pound which raises long-term concerns about strength of US economy. We still tend to believe that in short-term good news should push US Stocks to even higher limits.
We ran our fi ...
USA Briefing: This week Feds released meeting notes stating that more rate h ...
We had another great week here at TSPwire. Based on last week’s results we moved out funds from bonds right before they dipped on Tuesday. I Fund outperformed C & S Funds which was also in line with our predictions.
We ran our financial models and calculated new s ...
Jobs growth in US came well above forecast. Unemployment rate came at 4.4% (4.5% was expected). Those are great news for stocks! (Stock futures went up and bonds slipped down.) Decrease in unemployment may raise inflation concerns but we believe that these days Feds worry more about economy growth then inflation. We predict that Feds will not change rates any time soon.
USA Briefing: U.S. productivity slowed over the past two years. If the trend continues, it could hurt stock prices and make economy more inflation-prone. | Consumer spending and personal income rose last month, helping offset a housing ...