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You wouldn't know it by just seeing the returns yesterday, but most indices closes well off their lows and almost posted positive reversal days. That could just be instinctive knee-jerk action from the dip buyers and FOMO traders, but they let the bears know that they are still around and may not make it easy for them to push stocks lower during a typical weak post options quad witching expiration week. Still, the Dow lost a hefty 245-points and that's two down days in a row as the indices have ...

After six positive days in a row, stocks ended the week on a sour note with some modest losses on Friday, but overall it was a solid week for the stock market. It was a quadruple witching expiration Friday so trading volume was very high, and sometimes that leads to a change in direction for stocks, at least temporarily. Bonds were down as yields moved up as the market tries to decide if higher interest rates are coming, or if a weakening economy will bring them lower again.

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I hope you've been in stocks through June. All three TSP stock funds are up more than 5.5% for the month and were up more than 2% this week. Stock indices started the week off with gains and the momentum carried on through Tuesday after the release of the Consumer Price Index (CPI). The latest year-over-your CPI was up 4% which was low enough for investors to bet on a rate pause by the Federal Reserve the following day. They were correct.

The Federal Open Markets Committee ...

Stocks continued their winning ways on Thursday as we saw a relief rally of sorts. Relief that the Fed did not raise rates and, as we talked about yesterday, the market really doesn't seem to believe that they are going to raise again this year, despite the threats during Powell's press conference. The Dow, S&P 500 (C), Nasdaq, and the S-fund all gained about 1.2% on the day. Despite another big decline in the dollar, the I-fund lagged the US stocks a bit yesterday, but posted a big gain ...

Stocks were mixed after a typical choppy FOMC meeting day after the Fed policy statement was released. The Fed left rates alone this time but indicated more rate hikes are probable before the end of the year and that may be why small caps lagged and were down sharply. The Dow lost 229-points but almost all of that was from Unitedhealth Group, which was down 6.3% and is the heaviest weighted stock in the Dow. Stocks sold off sharply during the press conference but came back by the close to give ...