TSP Talk Blog

Stocks waffled the first half of the day on Wednesday but an afternoon rumor regarding OPEC and a reduction oil production sparked a rally in oil related stocks, and program trading kicked in spreading the wealth into other sectors. The oil sector heavy Dow and S&P benefited most with the Dow adding 111-points. The Nasdaq, which had been leading the market, lagged with a small gain, while small caps had a nice day playing some catch up from its lagging day on Tuesday. ...