So why does the market not care about crashing profits? Because profits and the economy have not driven this bull market. Just the opposite. Bad news often sends the markets surging. Why?
TSP Charts
TSP Charts: Patience Please
Most of the major indexes look precarious. They look like they jumped back up and are hanging on by their fingertips. Can they pull themselves up through resistance or will they retest their lows? We’re watching all the signals.
TSP Charts: An Ode to Buy & Hold
Thank you for staying with the ship while it is taking on water and the storm is approaching. Sure it is still floating after the last storm, but it has taken on a lot of water since then. Not everyone can get in the life rafts. Thank you for waiting.
TSP funds: I’m Sure It’s Nothing
No sorry, I’m not posting a TSP chart this time. I know, if you stare at the TSP charts your TSP fund price goes up faster. And if they went up last year that means they will go up forever. … Read More ›
The Best TSP Allocation for 2019
I’ve updated my Best TSP Allocation for the new year. The discussion on the best TSP funds has not changed significantly this year other than discussing the new TSP I fund index. What has changed is our view of where… Read More ›
TSP Funds: Looking for a Rhyme
So far the SP500 matches the typical large correction footprint. Plunge 10% or more, bounce back 40-70%, then roll over for a retest of the correction lows. Sometimes the second low is higher, sometimes slightly lower – it does not… Read More ›
TSP Charts: Waiting for Santa
October is known for market corrections and this Fall did not disappoint with a 10% correction in the SP500 (TSP C fund) and a 15% correction in the non-sp500 small caps (TSP S fund). The correction started elevated above our… Read More ›
TSP Charts: 2019 Forecasts
So the election is old news and the market will start pricing in 2019 trends and expectations soon. The real effects of those expectations will not set in until after Christmas because of the end-of-the-year Santa Rally usually starts just… Read More ›
TSP Just Got Amazoned
Way, way back in August (ancient history for stock speculators) I wrote a blog post called Don’t Get Amazoned. I was metaphorically speaking about the US stock market and what I see coming. But guess what, the market and TSP equity… Read More ›
TSP Charts: As I was saying
The larger corrections usually send plenty of signals if you know where the look and have the time to watch. This was definitely one of those times. If you reread my 5 October blog post, you will find the… Read More ›