TSP Talk Blog

Stocks opened sharply lower on Monday morning but the dip buyers were at the ready and the fight that the bears put up early, turned into a retreat as the bulls won the battle. The Dow gained 151-points and it was a pretty good showing for the bulls considering that the dollar had a big day and actually broke above its recent down trend. That sent commodity prices lower, including the price of oil. Bonds were up as yields slid lower. The Transportation Index was down yesterday.

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