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TSP Talk Blog

This and that about the market, the TSP, maybe some politics, and life.

  1. Stocks sell off on Japan and Carl Ichan


    Stocks opened lower on Thursday after the Bank of Japan (BOJ) did not offer any new stimulus or cuts sending the Japanese Nikkei down over 3% on the day. Buyers stepped up in the U.S. market once again after the initial selling, but a comment from Carl Icahn regarding Apple and the market in general, gave investors a reason to go back to selling. The Dow closed down 211-points.

    ...
  2. Fed, Apple, and Facebook


    Stocks opened lower on Wednesday after some disappointing earnings reports after hours on Thursday, but the closer we got to the FOMC policy statement announcement, the more buyers jumped in knowing the Fed does not disappoint. And they apparently did not as the Dow jumped nearly 100-points after the announcement, finally settling the day up 51-points.

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  3. FOMC Wednesday


    Stocks remained relatively flat yesterday in front of today's important FOMC policy statement. The Dow ended the day up 13-points, the S&P and Nasdaq were basically flat as well, but small caps had a nice day. After the bell however, more trouble on the earnings front put some pressure on stocks after hours.

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  4. Light trading in front of FOMC meeting


    Stocks opened lower on Monday and saw some stiff losses throughout the morning. The bulls stepped up and there was some afternoon buying with a late spike higher as the Dow ended the day with a 27-point loss, erasing most of the nearly 150-point loss it had earlier.

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  5. Another FOMC Week

    Stocks were mixed on Friday after a late rally erased most, if not all, of the the morning losses. The Dow gained 21-points while the S&P was flat, small caps were up strongly, but the Nasdaq was down on tech earnings. The dip buyers barely lasted an hour on Friday after the 100-point loss on Thursday and more weakness to start the day on Friday.

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