TSP Talk Blog

Stocks stumbled again on Wednesday as the two month long back and forth action continues. New month, new direction? Maybe, but what was the direction for the last two months? The Dow lost 135-points on the day and the losses were fairly broad across most indices. The Transports fell nearly 2% after failing at resistance again. The I-fund lagged again with another gain for the dollar, but there's an interesting development there that we'll talk about below.

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