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Stocks began the new week with a swan dive and quickly gave up Friday's big gains. Despite the futures being relatively flat leading up to the open on Monday, there was a lot of selling once the opening bell rang. The selling was swift and there was dearth of buyers which kept the indices pinned close to those lows for most of the day. Tech stocks took the brunt of the selling as inflationary concerns permeated trading. The Dow lost 324-points, yields were up, the dollar was down, and that helped ...

Stocks bounced back on Friday after a few of days of selling triggered by the rallies in the dollar and bond yields. The Dow jumped 483-points, getting back a good chunk of Thursday's 547-point loss. Meanwhile the S&P 500, Nasdaq, and small caps recovered all of Thursday's losses. The I-fund was down on Friday but it had some payback due from Thursday's over-pricing. ...

Economic Calendar


-- Intrepid Timer

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Stocks wrapped up an ugly month on Thursday before starting the new month and quarter with gains. Still all the TSP funds were down for the week with the I-fund taking the greatest loss. For the S&P 500, Thursday marked the biggest monthly loss since March 2020 and ended a five quarter winning streak. It seemed likely stock indices were set to perform their usual act and climb back to the highs after the previous week's string of gains, but alternatively unresolved pressures and a spike in ...

That was a heck of a final of hour of trading to end the third quarter. The Dow lost 547-points, and at -.1.59%, was the laggard on the day. The S&P was crawling back to break even before that final hour sell-off, and the small caps funds were positive with about an hour to go, but that too gave up the ghost. The Nasdaq lost 0.44% and held up best despite falling over 125-points in that final hour.

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