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TSP Talk Weekly Wrap Up

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Stocks were up this week after a deal in Greece was reached bringing the ordeal to an end, for now. Reinvigorated investors were ready to put their money back to work just in time for earnings season. Good earnings reports from big names such as Google kept the rally going and it seemed nobody wanted to be left behind. Earnings reports will continue to come in next week which will give traders something other than geopolitical headlines to focus on.

All the TSP funds ended the week in green territory with the C-fund leading.




Here are the weekly, monthly, and annual TSP fund returns for the week ending July 17th:




The SPY (S&P 500 / C-fund) closed just above descending resistance Friday and is just off the June highs. There are a couple open gaps below, one from Monday's open and also Thursday's open that will likely be filled. The C-fund was up 2.42% this week.




The Dow Completion Index (S-fund) had solid gains Monday and Tuesday but was unable to go much further. There also is an open gap from Monday's open sitting below. The Index now sits above its 50-day EMA for the 5th straight day. The S-fund was up 1.12% this week.




EFA (EAFE Index / I-fund) was headed to test overhead resistance this week but pulled back slightly Friday to partially fill an open gap. Two more gaps are lingering below, both below the 200-day EMA. The I-fund gained 2.02% this week.




The AGG (Bonds / F-fund) rallied this week to test resistance at the 200-day EMA. Bonds broke through the 200-day EMA intraday on Friday but closed just below it. The 50-day EMA is just above the 200-day EMA which could also act as resistance. The F-fund had was up 0.43% this week.




Good luck and thanks for reading. We will be back here next week with another TSP Wrap Up. You can read our daily market commentary at the Market Comments page. If you need more help deciding what to do with your account, perhaps one of our Premium Services can help.


Tommy Crowley
www.tsptalk.com
Weekly Wrap-Ups Archive
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The legal stuff: This information is for educational purposes only! This is not advice or are commendation. We do not give investment advice. Do not act on this data. Do not buy, sell or trade the funds mentioned herein based on this information. We may trade these funds differently than discussed above. We use additional methods and strategies to determine fund positions.

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Updated 06-27-2019 at 08:51 PM by TommyIV

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TSP Talk Weekly Wrap Ups
S&P500 (C Fund) (delayed)

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DWCPF (S Fund) (delayed)

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EFA (I Fund) (delayed)

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BND (F Fund) (delayed)

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