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As a result Monday's update is being delayed. Sorry for the inconvenience.
Stocks were down most of the day on Friday, but an afternoon rally took the indices well off of their lows. The Dow lost just 3-points, but the Nasdaq, S&P 500, and the Transportation Index each saw more of a decline.
For the TSP, the C-fund was down 0.32% on Friday, the S-fund fell 1.06%, the I-fund dropped 0.58%, and the F-fund (bonds)
The fund allocation shifts for both the Top 50 and the Total Tracker this week reveal both groups are moving in opposite directions. Nothing over-the-top yet, but definitely something to keep an eye on.
The Top 50 pulled back their collective stock allocations for the second week in a row. Last week it was by 7%. This week they almost matched that by drawing down another 6.88%. They still hold more than