If you want to understand the market’s action in December and January you have to understand the interplay of the market’s seasonal tendencies, technical tendencies and the perceptions of the European Central Bank’s Quantitative Easing announcement. The classic Turn-of-Year rally… Read More ›
TSP Charts
TSP Chart: Quicklook 8 January 2014
Let’s take a look at the trend lines and moving averages the S&P 500 index has been following since 2009. The 2013 trend line is clearly broken and the longer term trend line is now the one to watch. In the… Read More ›
TSP Investing Today: Return of Capital Trumps Return on Capital
I want to advise my readers upfront that it is much better to leave some profits on the table than to lose your shirt with one more bet. This may seem like strange advice as we enter the TSP Smart… Read More ›