TSP Market Summary: Week of April 23, 2016
Key Takeaways
- All three equity funds (C/S/I) posted gains with unusually calm market conditions this week
- S&P 500 approached record highs at 2091, signaling potential for continued equity strength
- Breaking through resistance levels could trigger further gains across TSP equity funds
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 |
|---|---|---|---|---|
| 5% | 10% | 45% | 25% | 15% |
The markets continued their upward momentum again this week with all three equity funds (C/S/I) marching steadily forward with subdued volatility. What should be noted is that the S&P 500 closed the week at 2091, only about 40 points below its historical high. Breaking through that resistance level could be significant, and therefore we’ll take advantage of our second transaction of the month (too late next weekend) and increase the C/S/I allocations by 5 percent each.