TSP Market Summary: Week of April 07, 2018
Key Takeaways
- Markets shifted to headline-driven trading instead of economic data like unemployment reports
- TSP equity funds (C/S/I) neared 200-day moving averages with weakening performance rankings
- Increased volatility and trade war concerns suggest reducing equity exposure may be prudent
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 |
|---|---|---|---|---|
| 50% | 0% | 15% | 25% | 10% |
The S&P 500 closed the week at 2604 with a market sell-off. Markets are becoming more volatile with trading based on headlines instead of unemployment report data, and there was a feeling of confusion after the words "trade war could happen" were used Friday. From a technical aspect, the S&P 500 was close to breaking below its 200 day moving average, which was also the same story for TSP equity funds (C/S/I). Additionally, both the C and S fund’s Performance Rankings are weakening so we are recommending a slight decrease in equity exposure.