TSP Market Summary: Week of June 29, 2020

By Roy Weisert, PhD, CFP

Key Takeaways

  • S&P 500 showed resilience, recovering from below 3000 to close at 3053 despite weak opening
  • TSP allocation remains unchanged as market held above the critical 3002 support level
  • Strong market finish suggests continued stability for C Fund performance in near term

The S&P 500 dipped below 3000 when the market opened, but finished the day strong closing at a high of 3053. Since that is above the 3002 support line I mentioned this weekend, we’ll keep our current allocation.