TSP Talk Blog

The bulls showed up early on Friday and with Janet Yellen's new dovish stance investors got more aggressive with a broad rally rather than a sector by sector rotation as we had been seeing. The Dow gained 85-points on the day and we saw new highs, or close to it, in many of the major indices.

...

Stocks closed about where they opened on Thursday but they had to overcome a couple of attempts by the bears to push things lower. Most of the indices closed in positive territory but up or down, there were no major moves as they all closed with gains or losses of about 0.2% or less.

...

Stocks posted solid gains on Wednesday after some comments from Janet Yellen put investors' minds at ease. The Dow gained 123-points but that was about 50-points below the morning highs so there was a little profit taking after it hit new highs to start the day. The gains were quite broad, which was a change from recent action.

...

Stocks ended the day mixed again yesterday and fairly flat for the large caps, but the day saw a little more excitement than the closing prices might suggest. The Dow ended the day up less than a point while the S&P was down less than 2. The Nasdaq and small caps had decent days while the Transports and the financials posted rather negative days.

...

The market continues to produce mixed and choppy action as we saw decent gains in some indices, while others were down moderately. Yesterday the Dow lost 6-points after trading in positive territory for most of the day. The lagging Nasdaq Index gained a healthy 0.38% on the day (Nasdaq 100 was up 0.67%) while small caps posted a moderate loss on the day.

...