TSP Talk Blog

Stocks opened higher on Thursday, and just kept going. The Dow gained 180-points and 1% or higher gains were picked up by most major indices.

I didn't see any major catalyst except for possibly a Fed hangover. A weaker than expected CPI and a stronger than expected weekly jobless claims should not have done this, but that's about when the rally started. The Fed's job these days seems to be to keep the stock market from falling. ...