S&P 500 remained flat at 2183, showing stability after building base since early July
No TSP allocation changes recommended as markets consolidate during summer trading lull
Potential upside breakout expected after Labor Day as summer vacation period ends
The markets keep building a nice base as the S&P 500 closed the week at 2183, within one point of last week’s close. The S&P 500 has hovered around this number since the beginning of July, and hopefully it will break out to the upside after it’s “summer vacation”, i.e. Labor Day weekend. As such, we’ll continue to have patience with no change in allocations.
The markets keep building a nice base as the S&P 500 closed the week at 2183, within one point of last week’s close. The S&P 500 has hovered around this number since the beginning of July, and hopefully it will break out to the upside after it’s “summer vacation”, i.e. Labor Day weekend. As such, we’ll continue to have patience with no change in allocations.