TSP Talk Blog

The best stock market rallies usually come during the worst market conditions, and yesterday we saw another example. Stocks opened lower on Thursday but quickly caught a bid and from there moved steadily higher into the close. The Dow gained 372-points and the Nasdaq led with a 2.5% gain. Small caps didn't lead but for the first time in a while they mostly kept up with the S&P 500. Yields moved higher pushing the F-fund lower, and the I-fund also rebounded after Wednesday's major sell off. ...

Stocks opened sharply lower on Wednesday after the Saudi National Bank, Credit Suisse’s largest investor, said that it could not provide additional funding for the struggling bank. We did see a move off the lows after the Swiss Central Bank said Credit Suisse was well capitalized and would step in if necessary. So, we saw some mixed results in the US indices in a day that was looking a lot worse in the morning. The Dow gave back 281 of the 338-points it gained on Tuesday while the Nasdaq ...

Posted by TommyIV here...

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