TSP Talk Blog

Stocks pulled back sharply on Thursday as the action remains choppy. It looked like we were going to see a breakdown, and we did intraday, but the SPY actually closed higher yesterday than it did on Tuesday, after a successful test of the 50-day EMA. The Dow lost 168-points, which was almost 100-points off the lows, if that's any consolation. The large tech stocks took another major hit and that's concerning.

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