TSP Market Summary: Week of February 04, 2017

By Roy Weisert, PhD, CFP

Key Takeaways

  • Dow experienced both its worst and best trading days of the year within same week
  • Recommendation remains unchanged to stay fully invested in stock funds (S/C/I)
  • S&P 500 approaching psychological 2300 level with continued positive momentum

This week the Dow had its worst day of the year on Monday, only to be overshadowed by its best day of the year on Friday, with both days being a reaction to ongoing Executive Orders. That said, the S&P 500 closed the week up 3 points at 2297. If we close up three more points, we’ll cross another of those psychological century thresholds. Since the wind continues to be at our backs, were recommending no changes to current 100 percent allocation in the equity funds (S/C/I).