TSP Market Summary: Week of April 29, 2017
Key Takeaways
- French election first round results sparked sustained market rally through most of the week
- All three TSP equity funds (C/S/I) now trading above key 50-day moving average indicators
- TSP exchange timing resets in May, giving participants fresh monthly rebalancing opportunity
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% | 33% | 34% | 33% |
What a nice week for the markets!! With the first round of the French elections complete last Sunday (Round 2 is 7 May), the markets woke up with substantial gains on Monday. And the euphoria continued throughout the week, excluding Friday’s slight drop. All told, the S&P 500 closed the week at 2384, within one percent of it’s all time high. Additionally, once again all three equity funds are above their 50 day moving averages so we’re recommending an increase in the C/S/I funds to 100 percent. Please note that even though we’re still in April and we’ve already done 2 exchanges, the TSP will count this as your first May exchange as I just did it with my account.