TSP Market Summary: Week of December 10, 2016
Key Takeaways
- Dow, S&P 500, and NASDAQ all rose every day - first time since September 2011
- International markets (I fund) turning positive as EAFE index crosses above 50-day average
- Recommendation to move remaining cash allocation into I fund to capture international momentum
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 |
|---|---|---|---|---|
| 0% | 0% | 35% | 45% | 20% |
Last week I stated that the markets took a breather. Rejuvenated, this week the markets sprinted out of their starting blocks and finished at record highs. To prove the strength of this rally, the Dow, S&P 500 and NASDAQ all rose every day this week for the first time since September 2011. What was also nice to see is that the U.S. markets are now starting to pull along International markets. This week the EAFE International Index trended above its 50 day moving average and its performance rating turned positive. As such, we recommend reallocating the remaining amount in Cash to the “I” fund and hopefully this rally will continue this strong upward trend.