TSP Market Summary: Week of May 27, 2018

By Roy Weisert, PhD, CFP

Key Takeaways

  • S&P 500 finished week positive at 2721, sitting in middle of 2018's trading range
  • C and S funds performing well while international I fund dropped below key technical level
  • Shortened Memorial Day week prompts wait-and-see approach heading into June

The S&P 500 ended the week positive closing at 2721 on Friday, a price hovering around the middle of the 2018 high and low. Oil had its worst week since February of this year and the market had a slight reaction to the cancelled (or not) summit with North Korea. As for the TSP equity funds, C and S are remaining strong while the I fund\'s price just dipped below its 50 day moving average on Friday. With this being a shortened week, we’ll maintain our current holdings and see how things shape up as we head into June. Lastly, we hope you all are enjoying this long Memorial Day weekend.