TSP Market Summary: Week of April 28, 2015
Key Takeaways
- Both S&P 500 and NASDAQ reached historic highs, showing strong market momentum
- NASDAQ's first high since 2000 highlights importance of avoiding major market losses
- Stocks breaking resistance levels signals potential for continued upward movement
Recommended Allocation (Moderate Profile)
This is our historical recommendation from this date. For current recommendations, subscribe.
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 0% | 10% | 20% | 40% | 30% |
What a nice week in the markets last week, with both the S&P 500 and NASDAQ Composite hitting historic highs. While the S&P 500's previous high was last month, the NASDAQ's was in March of 2000, 15 years ago. This is why the TSP Tips strategy focuses on avoiding large losses. That said, stocks have broken through resistance levels, so we're increasing the equity allocation slightly from 77 to 90 percent.