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This and that about the market, the TSP, maybe some politics, and life.
Stocks were mixed on Wednesday with the Dow down 42-points as financials were a bit of a drag on the large caps. The S&P, Nasdaq, and small caps all posted small to moderate gains. Retail stocks did well and on the NYSE there were close to 2 stocks up for every one down so the loss in the Dow wasn't telling the story.
Stocks opened lower on Tuesday and the Dow was down and in jeopardy of having its longest daily losing streak in almost 40 years. But it didn't take long for the dip buyers to jump in and follow through with Monday's positive reversal and send the indices sharply higher for the day. The Dow, S&P 500, and small caps all gained about 3/4 of a percent, while the I-fund lagged a bit with a rebound in the dollar.