S&P 500 broke below critical 3875 and 3810 support levels within first 15 minutes Monday
Soft landing hopes fading as inflation and interest rate concerns persist for TSP investors
Market volatility triggering mid-week alerts and defensive reallocation recommendations
The inflationary/interest rate points noted in the weekend update are still germane, and the S&P 500 gapped open to the downside on Monday. With the hope of a soft landing becoming more remote, my comment in the last update was should the S&P 500 cross below the 3875.13 and 3810.32 levels, stand by for a mid-week alert(s). Well that became a reality within the first fifteen minutes of Mondays trading as the S&P 500 fell below the 3875 reversal level quickly followed by the 3810 support level. As such, we are recommending the following reallocation.
Recommended Allocation (Moderate Profile)
This is our historical recommendation from this date.
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G Fund
F Fund
C Fund
S Fund
I Fund
100%
0%
0%
0%
0%
TSP TIPS
Professional investment guidance for federal employees, military personnel and independent investors.
The inflationary/interest rate points noted in the weekend update are still germane, and the S&P 500 gapped open to the downside on Monday. With the hope of a soft landing becoming more remote, my comment in the last update was should the S&P 500 cross below the 3875.13 and 3810.32 levels, stand by for a mid-week alert(s). Well that became a reality within the first fifteen minutes of Mondays trading as the S&P 500 fell below the 3875 reversal level quickly followed by the 3810 support level. As such, we are recommending the following reallocation.