TSP Talk Blog

What a day and it was a microcosm of the entire year. The bears got there time to shine but they are turned back yet again by the bulls as we saw some stiff early losses disappear, in some indices, by the close. The Dow lost 37-points but the S&P 500 nearly got back all of its early 12-point loss. Stocks rallied strongly into the close and we have to wonder if the FOMO traders (fear of missing out) are the ones calling the shots.

...