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TSP Talk Blog

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

  1. TSP Talk: Pre-Fed rally fails big time

    Stocks closed mostly flat yesterday. There I go again - sarcasm! It doesn't work real well in print, does it? Yes, the S&P 500 and Nasdaq were flat on the day but the action was anything but flat. The Fed released their policy statement and initially the big morning rally in stocks was extended to huge levels. The S&P was up nearly 100 points just after 2 PM ET, but that turned into a big loss and finally flat by the close. The Press Conference afterward may have left more questions ...
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