TSP Talk Blog

If you just saw the closing prices yesterday it probably looked like a good day for stocks. Yes, the indices were positive but we had another reversal day and, as you can see in the three small index charts below, the highs came shortly after the opening bell. The Dow hung onto a 72-point gain which was about 300-points off the morning high. The negative drag doesn't look good on a chart, but it did serve a purpose as we'll check out below. Bonds were up on a decline in yields. The dollar was ...