TSP Talk Blog

The CPI report came in a little hotter than expected but perhaps not quite as much as feared, and stocks did some flip flopping during the day. The Dow reversed almost 200-points from high to the close yesterday and lost 70-points, and small caps did not do well at all. Meanwhile the S&P 500 and Nasdaq were again kept afloat by big tech stocks doing well, and closed with modest gains. Bond yields spiked then retreated, creating a potential negative reversal pattern.

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