S&P 500 fell 1% but markets remained stable with low volatility during consolidation phase
TSP allocations staying unchanged as strategy awaits clearer market direction signals
Markets positioning for potential breakout above 2100 level with second transaction possible
While the S&P 500 was down about 1 percent this week, there were no major moves or volatility. Overall, it seemed like a pretty calm week of consolidation with the markets getting poised for the next move, which hopefully will be back again over 2100. As such, allocations remain the same and we’ll standby for our second transaction of the month next week if warranted.
While the S&P 500 was down about 1 percent this week, there were no major moves or volatility. Overall, it seemed like a pretty calm week of consolidation with the markets getting poised for the next move, which hopefully will be back again over 2100. As such, allocations remain the same and we’ll standby for our second transaction of the month next week if warranted.