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
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.
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TSP TIPS
Professional investment guidance for federal employees, military personnel and independent investors.
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.