S&P 500 gained Monday then settled around 2130 level for rest of week
TSP funds were closed Monday while regular stock markets remained open
Current equity allocation maintained pending next week's market analysis
On Monday, the S&P 500 gained about 10 points. Then on Tuesday, the S&P 500 dropped down to the 2130ish level where it stayed for the remainder of the week. However, it should be noted that on Monday the TSP funds were closed while the stock market and other funds managed by BlackRock (TSP fund management) were open. Kind of frustrating, but then again the TSP has some unique management restrictions. That said, we’ll stay with the current 75 percent allocation to the equity funds (C/S/I), then analyze next week’s data and if warranted, stand by for our second transaction of the month next weekend.
On Monday, the S&P 500 gained about 10 points. Then on Tuesday, the S&P 500 dropped down to the 2130ish level where it stayed for the remainder of the week. However, it should be noted that on Monday the TSP funds were closed while the stock market and other funds managed by BlackRock (TSP fund management) were open. Kind of frustrating, but then again the TSP has some unique management restrictions. That said, we’ll stay with the current 75 percent allocation to the equity funds (C/S/I), then analyze next week’s data and if warranted, stand by for our second transaction of the month next weekend.