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TSP Talk Blog

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

  1. Wal-Mart to th rescue... for a day at least

    The volatility continued on Thursday, this time with a rally in stocks that erased Wednesday's big losses. The back and forth action may be making investors sea sick... welcome to mid-August trading. The Dow, led by Wal-Mart, gained an impressive 496-points, or 1.58%.[/COLOR] The gains in the broader indices were more muted, but impressive none the less.

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  2. Choppy action continues

    Another round of concerns on the Turkish financial front sent stocks reeling early on Wednesday. The losses were mixed but most indices closed off their lows and the Dow, which was down well over 300 at one point, ended the day down 138-points or just 0.54%. So depending where you looked, the action was middling to weak. Small caps lagged and the Transportation Index reversed all of its early losses.

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  3. Bounce back

    Stocks came back to life on a Turnaround Tuesday after the Dow and S&P 500 had been down for four straight days. The Dow gained 112-points on the day and the broader market indices, particularly the small caps, performed even better. There are still a couple of issues that could get in the way in the short-term, but it was a good day for stocks.

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  4. Dow and S&P down for 4th straight day

    Stocks caught at bid at the open on Monday as dip buyers showed up following Friday's sell-off. But it didn't take long to see more profit taking kick in, and the excuse has been the decline of the Turkish lira, and the Turkish stock market. The Dow lost 125-points on the day with losses of 0.25% to 0.75% in the major indices.

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  5. Turkish tariffs sends their currency, along with global stocks, tumbling

    Stocks opened sharply lower on Friday after an overnight decline in the Turkish lira shook investors around the world. The Dow ended the day down 196-points which, after a late afternoon rally, was actually almost 100-points off the early afternoon lows. The selling was fairly broad although small caps held up rather well losing just 0.31% on the day.

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