TSP Talk Blog

Another giant day for stocks on Tuesday as the froth on top of this November rally gets thicker. The melt-up continued as the Dow gained another 455-points, pushing the index above 30,000 for the first time ever. Looking at the intraday charts it looks like no one hit the sell button all day. Of course that's what sends stocks higher, but when it happens we see extremes in many indicators showing that things have gotten too hot, and any bad news would fill the vacuum being created on the downside. ...