TSP daily charts as of 5/5/24

Last week was a good week for stocks and news in general for stocks. The job report came in weaker than expected, which might mean the FED will finally lower rates. Friday, I watched Apple stock surge higher because they raised their dividend and are going to do a stock buyback. Apple basically met earnings expectations. Guess who has been selling Apple? Warren Buffet. So what does that mean? I track 17 ETFs, of which 4 represent TSP funds, and of those 17, only 2 are buys as of today.

So what do we make of all that information? Only one takeaway for me is that this turn-around in stocks is early, and we have no clue how it is going to break next week. So let’s get to our charts. 

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