TSP Market Summary: Week of October 29, 2016
Key Takeaways
- S&P 500 dropped 15 points for the week despite Monday gains, hurt by election developments
- Technical indicators weakening enough to warrant rare third monthly TSP transaction
- Time-sensitive trade window requires action by Monday noon to capture adjustment
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 |
|---|---|---|---|---|
| 40% | 10% | 15% | 20% | 15% |
With the exception of Monday when the S&P 500 gained 10 points, the index fell over the next four days, finishing the week down 15 points and closing at 2126. This was punctuated to the downside by the election news that hit the wire on Friday afternoon. That said, the technical indicators continue to weaken and as such, we’ll take advantage of an “unusual” exception allowed by the TSP and make a third transaction this month to decrease our equity fund (C/S/I) exposure by 5 percent each. IN ORDER TO TAKE ADVANTAGE OF THIS 3RD TRADE, YOU SHOULD PLACE THIS TRADE NLT NOON ON MONDAY, i.e. THE EARLIER THE BETTER.