TommyIV's TSP Talk Blog

Stocks were up again this week as traders continue to capitalize on the rally produced from the presidential election. In the spotlight is small cap stocks that have outperformed large cap stocks significantly. Large cap stocks are still up though, but the big name tech stocks are not the driving force as usual which signals a possible change in the economic environment. We have a holiday week coming up which historically produces a spike in stocks with black Friday sales attracting holiday shoppers.

The I-fund lagged this week as there has been weakness in international stocks. The F-fund continues to take hits as investors are moving out of bonds and into stocks to take part in the recent rally.




Here are the weekly, monthly, and annual TSP fund returns for the week ending November 18th:




The SPY (S&P 500 / C-fund) was able to break above the resistance of the August highs Thursday but settle about right on the resistance line at Friday's close. There is still an open gap below but momentum is strong with the recent rally so we won't necessarily it filled soon especially if the index can stay above the resistance line. The C-fund was up 0.75% this week.




The Dow Completion Index (S-fund) had no problem moving past the September highs Monday and left behind an open gap at the open. The index continued to produce gains from there as it was able to produce a 3.91% gain for the week pushing its November gains above 7%.




EFA (EAFE Index / I-fund) closed an open gap from July at the end of this week. The index has been moving in a declining trading range since late September and the range is tightening. The I-fund was down 1.87% for the week.




AGG (Bonds / F-fund) were able to produce a couple of days with gains this week but those gains were taken away Thursday and selling continued into Friday. The F-fund was down 1.02% 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
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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.