TSP Market Summary: 2017
53 weekly market commentaries from 2017.
December 2017
Week of December 23, 2017
S&P 500 hit record highs with 5th straight weekly gain driven by tax reform passage. TSP recommendation favors equity funds ahead of Santa Claus rally.
- • S&P 500 achieved record high and fifth consecutive week of gains from tax reform passage
Week of December 16, 2017
S&P 500 hit 61st record high amid tax reform optimism, overshadowing Fed rate hike. C and S funds show positive performance rankings.
- • Tax reform proposals drove markets higher, with S&P 500 averaging more than one record weekly
Week of December 09, 2017
S&P 500 hit record highs for third straight week on strong jobs data. Fed rate hike expected next week. TSP equity funds at or near records.
- • S&P 500 reached record high of 2651 after strong jobs report and third consecutive weekly gain
Week of December 02, 2017
Markets recovered from Flynn plea volatility on tax bill hopes, with S&P 500 and TSP C/S funds hitting records. Senate tax approval sets up key week ahead.
- • Market volatility from Flynn news quickly reversed on tax reform optimism and Senate passage
November 2017
Week of November 26, 2017
S&P 500 hit record high at 2602 in short trading week. All TSP equity funds (C/S/I) reached new highs. No allocation changes recommended.
- • All three TSP equity funds (C, S, I) reached record high prices during holiday week
Week of November 18, 2017
S&P 500 flat for week despite midweek volatility from tax bill uncertainty. Small cap strength prompts minor TSP portfolio adjustment recommendation.
- • Markets saw high volatility with Wednesday sell-off followed by Thursday rebound
Week of November 10, 2017
S&P 500 hits record highs with historic 12-month streak without major pullbacks. C Fund reaches new records as markets await Fed decision signals.
- • S&P 500 achieved historic 12 consecutive months without a 3% decline, showing market strength
Week of November 04, 2017
S&P 500 hits 8th consecutive weekly record amid tax reform progress and Fed chair nomination. C and I funds reach new highs with strong earnings.
- • S&P 500 achieved eighth consecutive week of record closes, reaching 2587 on Friday
October 2017
Week of October 28, 2017
S&P 500 hit record high at 2581 as 3% GDP growth signals potential December Fed rate hike. TSP guidance favors U.S. stock funds over international.
- • S&P 500 reached new record closing of 2581 despite midweek pause in gains
Week of October 21, 2017
S&P 500 hit record highs daily, extending gains to six straight weeks. TSP equity funds (C/S/I) also reached new records, supporting continued equity focus.
- • S&P 500 achieved daily record highs throughout the week, closing at 2,575 on Friday
Week of October 14, 2017
S&P 500 hits fifth straight weekly gain and record high. Weak inflation data supports equity allocation over bonds for TSP investors.
- • S&P 500 achieved fifth consecutive weekly gain with new record high on Wednesday
Week of October 07, 2017
S&P 500 paused after 6 record highs despite weak jobs data. TSP remains fully invested in equities ahead of key inflation reports next week.
- • S&P 500 ended 8-day winning streak on Friday but remains near record levels
September 2017
Week of September 30, 2017
Markets hit new highs to end Q3, with Dow and S&P 500 posting eighth straight quarter of gains. TSP C and S funds reach new peaks.
- • Dow and S&P 500 achieved eighth consecutive quarter of gains, first time since 1997
Week of September 23, 2017
Markets consolidated with minor gains. S&P 500 and all TSP equity funds hit new highs mid-week before settling slightly higher for the week.
- • S&P 500 and TSP equity funds (C/S/I) all reached new record highs on Wednesday
Week of September 16, 2017
Markets rallied to new highs with S&P 500 hitting 2500. TSP equity funds showed strong technical alignment with bullish signals across C, S, and I funds.
- • S&P 500 reached new record high at 2500 following Monday's relief rally
Week of September 09, 2017
US stocks paused while bonds and international funds hit new highs, prompting recommended increases to F and I fund allocations.
- • US equity markets took a breather with S&P 500 closing at 2461
Week of September 02, 2017
S&P 500 extends 6-day winning streak despite weak jobs data. TSP F and C funds hit new highs amid strong US and global economic growth.
- • S&P 500 continues strong September rally, showing resilience against mixed economic data
August 2017
Week of August 26, 2017
S&P 500 gained weekly but remains below key technical levels. Money flowing from US to international stocks prompts TSP allocation shift.
- • $30B outflow from US stocks over 10 weeks while international stocks gained $36B inflows
Week of August 19, 2017
S&P 500 dropped 55 points from record high while F fund hit new highs. No TSP allocation changes recommended ahead of key economic reports.
- • Stock market pulled back from record highs with S&P 500 staying below key technical level
Week of August 12, 2017
S&P 500 hit new highs but fell 35 points due to military tensions, dropping below key technical levels. TSP guidance shifts toward defensive positioning.
- • S&P 500 dropped below 50-day moving average after military rhetoric ended weekly gains
Week of August 05, 2017
Dow hits 8th straight record high, C and I funds reach new peaks. TSP recommendation stays with 100% equity allocation through light earnings season.
- • Dow posted eighth consecutive record close while S&P 500 came within one point of its record
July 2017
Week of July 29, 2017
Markets hit record highs but consolidated around previous levels. TSP equity funds remain bullish with no allocation changes recommended.
- • S&P 500 and Dow hit record highs but week ended flat, showing market consolidation
Week of July 22, 2017
Major indices hit record highs with strong earnings. TSP equity funds also peaked. Allocation shift recommended based on fund performance rankings.
- • S&P 500 and all major indices reached record highs during a strong week for markets
Week of July 15, 2017
Markets hit record highs on Fed's gradual rate hike comments. TSP recommendation: maintain current equal equity allocation across C/S/I funds.
- • Dow, S&P 500, and Russell 2000 all closed at record highs this week
Week of July 09, 2017
S&P 500 ended flat for the week despite Thursday's decline. TSP strategy shifts to wait-and-see mode ahead of earnings season.
- • Markets recovered from Thursday's losses to finish the week essentially unchanged
Week of July 01, 2017
Mid-year market volatility with S&P 500 down 15 points. All TSP equity funds showing similar performance rankings with no allocation changes recommended.
- • Market showed high volatility with S&P 500 moving 0.8% daily Tuesday through Thursday
June 2017
Week of June 24, 2017
S&P 500 hit new all-time highs this week, closing up 7 points at 2438. TSP allocation adjustments made to capitalize on equity momentum.
- • S&P 500 reached new record highs Monday, signaling continued strength in C Fund holdings
Week of June 18, 2017
S&P 500 gained 2 points to 2,433 after recent breakout above 2,400. TSP recommendation: stay 100% in equity funds with no changes needed.
- • Markets consolidating after S&P 500 breakthrough above 2,400 level shows healthy momentum
Week of June 10, 2017
S&P 500 took a breather this week, losing 8 points. Fed rate decision and volatility expected next week. I fund leads TSP performance rankings.
- • S&P 500 paused its record-setting streak, declining 8 points to close at 2431
Week of June 03, 2017
Markets hit record highs after Memorial Day week, with S&P 500 reaching 2439. Low bond yields drove investors toward equities for better returns.
- • S&P 500 closed at record high of 2439 after strong finish to the week
May 2017
Week of May 27, 2017
S&P 500 hit record high after 7-day winning streak. TSP equity funds recommended ahead of Memorial Day week and jobs report volatility.
- • S&P 500 reached new record high of 2415 after seven consecutive days of gains
Week of May 21, 2017
S&P 500 hit new highs above 2400 before a mid-week selloff, then recovered. TSP strategy shifts toward I fund due to improved performance.
- • Markets showed high volatility with S&P 500 reaching new records then dropping sharply mid-week
Week of May 13, 2017
S&P 500 hit new highs near 2400 resistance level. All TSP equity funds showing strength with no allocation changes recommended for the week.
- • S&P 500 made new record high on Wednesday, approaching key 2400 psychological level twice
Week of May 06, 2017
Major indices hit round-number milestones with S&P 500 reaching new record. Portfolio remains fully invested in stocks ahead of French election.
- • S&P 500 hit new record high at 2399, with most major indices reaching milestone levels
April 2017
Week of April 29, 2017
Strong market week following French election results pushed S&P 500 near all-time highs, prompting TSP recommendation shift to 100% equity funds.
- • French election first round results sparked sustained market rally through most of the week
Week of April 22, 2017
S&P 500 gained but remains below key technical levels amid market uncertainty. French election and earnings season create mixed outlook for TSP equity funds.
- • Markets gained but still trade below 50-day moving average, signaling continued uncertainty
Week of April 15, 2017
S&P 500 fell 1% amid geopolitical tensions with North Korea. Market showing signs of potential correction after strong post-election run.
- • S&P 500 dropped below 50-day moving average, signaling potential technical weakness ahead
Week of April 08, 2017
Markets showed volatility amid Syrian strikes and weak jobs data. S&P 500 closed down slightly at 2355, prompting defensive TSP positioning.
- • S&P 500 gave back intraday gains Wednesday, showing increased market volatility patterns
Week of April 01, 2017
Q1 2017 ended with solid gains despite March pullback. Portfolio stays 100% equities with potential reallocations planned for April.
- • First quarter closed strong with 5.07% YTD gains despite March consolidation period
March 2017
Week of March 25, 2017
Healthcare bill uncertainty drove market volatility this week, with S&P 500 down to 2343. TSP recommendation: increase I fund, reduce C and S funds.
- • S&P 500 had first 1% decline since October, ending week down at 2343 due to healthcare bill
Week of March 18, 2017
S&P 500 reached 2378 with Wednesday driving weekly gains. Commentary warns of 'Buy and Hold Calamity' risks citing 13-year flat returns from 1999-2013.
- • Strong Wednesday performance drove S&P 500 to 2378, benefiting C Fund investors this week
Week of March 11, 2017
S&P 500 ended six-week winning streak with slight weekly decline. C Fund allocation increased while S and I Funds reduced due to performance rankings.
- • S&P 500's six-week winning streak ended with slight weekly decline, natural pause after gains
Week of March 05, 2017
Markets hit historic highs with Dow crossing 21,000. TSP accounts show strong YTD performance at 5.07% through February.
- • Major stock indices reached new all-time highs, with Dow surpassing 21,000 milestone
February 2017
Week of February 25, 2017
Dow extends winning streak to 11 days, longest since 1992. TSP strategy recommends staying fully invested while shifting focus to C Fund.
- • Dow achieved 11-day winning streak, longest since 1992, showing strong market momentum
Week of February 18, 2017
TSP trading frequency discussion amid petition for 4 monthly trades. Current 100% equity allocation outperforming S&P 500 since December.
- • Petition seeks to increase TSP trading limit from 2 to 4 exchanges per month
Week of February 11, 2017
All major stock indexes hit record highs Friday, with S&P 500 reaching 2316. Strong rally continues after early 2017 consolidation period.
- • All four major stock indexes closed at historic highs, boosting C and S fund performance
Week of February 04, 2017
Markets showed extreme volatility this week with Dow's worst and best days of 2017, driven by Executive Orders. S&P 500 closed flat at 2297.
- • Dow experienced both its worst and best trading days of the year within same week
January 2017
Week of January 29, 2017
Dow breaks 20,000 milestone with S&P at 2294. Historical analysis shows 4% annual returns since 1999, with major drops in 2000/2008 offset by G/F fund strategy.
- • Dow crossed 20,000 for first time, S&P 500 reached 2294 in major market breakout
Week of January 22, 2017
Markets recovered from initial Trump inauguration sell-off, ending week nearly flat. TSP remains near historic highs with continued equity focus.
- • Markets quickly recovered from initial Trump inauguration day sell-off, showing resilience
Week of January 14, 2017
Dow nears 20,000 milestone while S&P 500 stays flat. Market shows resilience with Thursday recovery, supporting continued equity fund investment.
- • Dow continues march toward 20,000, closing just 115 points short of historic milestone
Week of January 07, 2017
Dow hits resistance near 20,000 mark, stalling just short at 19,999.63. Commentary maintains full equity allocation expecting stronger rally once broken.
- • Dow Jones hit strong resistance at 20,000 level, peaking at 19,999.63 before retreating
Week of January 01, 2017
2017 market outlook shows hopes for Dow hitting 20K, continued S&P growth, and international fund momentum after December gains.
- • Small cap funds (S Fund) leading performance rankings and expected to continue strong growth
Week of December 30, 2017
2017 ended with synchronized global growth, record S&P 500 highs, and historically low volatility. Tax reform expectations drove strong equity performance.