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30-Mar: TSP Allocation Alert |
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By E E on
3/30/2008 10:13 PM
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Good evening, TSPwire Tactical Investor!
The stock market tried but failed to shake off its worries Friday, tying a grim ribbon on a mostly downbeat week. For each bit of good news Friday, there was bad news to offset it. Standard & Poor 500 index (C Fund) fell 1.1% on the week and is down 10% this year.
A Commerce Department report on personal income and spending was not entirely abysmal raising hopes the economy might yet avoid a deep recession. Oil futures ...
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16-Mar: TSP Weekly Allocation Alert |
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By E E on
3/16/2008 10:32 PM
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Good evening, TSPwire Tactical Investor!
We just survived another crazy week on the Wall Street. Stock indexes skyrocketed on Thursday after Feds introduced their plan to improve liquidity crisis. On Friday stocks opened higher, boosted by better-than-expected inflation data, before new developments in financial sector pushed all major US stock indexes down. Bear Sterns turned to JP Morgan Chase and the Federal Reserve for a 28-day loan of yet undetermine size, sparking concer ...
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Mar-09: TSP Weekly Allocation Alert |
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By E E on
3/9/2008 8:00 PM
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Good evening, TSPwire Tactical Investor!
Another brutal week on the Street… Investors ran away from signs that credit crunch is squeezing Main Street sending stocks tumbling. The blue chip average (C Fund) went down 2.8% last week. The reason behind drop on Friday was a Labor Department report that showed that nonfarm payrolls fell by 63,000 in February after dropping 22,000 in January.
Crude oil gained $3.31 a barrel, or 3.3% for the week to $105.15.
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Mar-02: TSP Weekly Allocation Alert |
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By E E on
3/2/2008 9:42 PM
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Good evening, TSPwire Tactical Investor!
Friday selloff leaves the stock market in a rut, and it may go in deeper before it digs itself out.
With market unable to muster any conviction about the future, it has been trading in a narrow range despite violent moves in both directions. The pattern continued this past week. After a burst of optimism at the start, stocks tumbled as fears bubbled anew about credit markets and the economy.
In the w ...
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24-Feb: TSP Weekly Allocation Alert |
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By E E on
2/24/2008 12:00 AM
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Good evening, TSPwire Tactical Investor!
Stocks ended the week with gains after a sharp turnaround late Friday undid losses recorded for the most of the day and the second half of the week on concerns about the US economy. That recovery highlights how important the bond insurers have become to confidence in financial system. They guarantee principal and interest repayment on both low-risk municipal bonds and the riskier complex debt instruments that have come under pressure durin ...
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Feb18: TSP Funds Allocation Alert |
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By E E on
2/18/2008 7:39 PM
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Good evening, TSPwire Tactical Investor!
After beginning the week with a bounce, stocks ended it with a slid, dragged down by renewed worries about the economy and credit markets.
Stocks fought to rebound from Thursday's decline but failed, spending most of Friday in the red after a raft of troubling economic news. The University of Michigan said its measure of consumer sentiment plunged to the lowest level in 16 years. The New York Federal Reserve's index of ...
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9-Feb: TSP Weekly Allocation Alert |
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By E E on
2/9/2008 2:54 AM
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Good evening, TSPwire Tactical Investor!
Stocks ended a rough week on Wall Street in mixed territory on Friday. Ongoing credit market mess dragged down the financial sector. All major stock indexes ended the week with losses, earasing the big rally from the previous week. Stocks managed to end choppy session higher on Thursday breaking a three-day losing streak. But Friday brought a return to the selling.
Recession fears weighed on ...
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03-Feb: TSP Weekly Allocation Alert |
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By E E on
2/3/2008 9:57 PM
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Good evening, TSPwire Tactical Investor!
After shrugging off the ugliest employment report in four years, US Large Cap Stocks (C Fund) went up almost 5% in last week! It might seem unthinkable that stocks could rise on a day when the Labor Department reported that non-farm payrolls declined for the first time since 2003, seeming to rubber-stamp recession worries. But there were enough silver linings in the jobs report to reassure investors. Ugly payroll reports have been revised hig ...
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27-Jan: TSP Weekly Allocation Alert |
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By E E on
1/27/2008 11:23 PM
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| I Fund |
F Fund |
C Fund |
| 50% |
25% |
25% |
Good evening, TSPwire Tactical Investor!
The wild week on the market closed out on a negative territory. Jittery investors again placed their bets on gold and Treasuries. As stocks fell, gold prices rose to a new Comex record, gaining $5 for each $1,000 invested, lowering the yield to 3.582%, which pushed F Fund price from $12.12 to $12.16.
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