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TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Up

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After initially finding negative territory Monday, stocks saw decent gains this week beginning with the big rally on the first day of March. The following two days were relatively steady while producing additional modest gains.

A solid jobs report with an addition of 242,000 jobs eased any recessionary fears but it wasn't too large to alert the feds to raise rates. The market embraced it positively although there was some profit taken toward the end of the day.

With the stocks up, bonds were down. The F-fund lagged with modest losses. The I-fund led the TSP Funds for the week not far from a 5% gain.




Here are the weekly, monthly, and annual TSP fund returns for the week ending March 4th:



With the gains this week, the SPY (S&P 500 / C-fund) broke through its 200-day EMA as well as the December lows. There is an open gap from the beginning of the new year just above the current price so it is likely we will see it fill this coming week. The C-fund was 2.71% this week.




The Dow Completion Index (S-fund) also broke through resistance this week and looks to be headed to test its 200-day EMA. It may be sitting at resistance of a rising trading channel with parallel support and resistance lines. The S-fund was up 4.44% for the week.




EFA (EAFE Index / I-fund) led the TSP funds this week with a gain of 4.66%. We did see an open gap get filled Friday but another was opened below in the process. This index now has two open gaps above and two open gaps below its current price.




AGG (Bonds / F-fund) sold off while stocks rallied on Tuesday putting the index below its 2016 trading channel. It remained below the channel for the rest of the week and finished off Friday with a loss of 0.21% for the 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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S&P500 (C Fund) (delayed)

(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)

(Stockcharts.com Real-time)
EFA (I Fund) (delayed)

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BND (F Fund) (delayed)

(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes