TSP Talk Blog

Stocks were down on Thursday but they put up a pretty good fight to close well of the morning lows. The trading was on very light volume which makes the positive reversal less impressive than otherwise it could have been. The Dow was basically flat at -minus 8-points while the boarder indices took bigger hits with small caps lagging again. Bonds and the dollar were up but settled off their highs leaving Friday's options expiration day with a real head scratcher. Which way does this want to go ...