View RSS Feed

TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Up

Rate this Entry
Stocks were up this week saving March from being a total disappointing month for stocks. This push by the bulls on the last week of this month put the C-fund into positive territory and gave the S-fund an impressive comeback to fall just short of an even return for March. In the end March was good for stocks; the establishment and successful testing of key technical support lines gave the indices some stability as we move forward. Talks of tax reform policies as well as the upcoming earnings season will keep traders occupied in April.

The S-fund led the TSP funds this week with a 1.96% gain while the C-fund was second best with a 0.82% gain.




Here are the weekly, monthly, and annual TSP fund returns for the week ending March 31th:




The I-fund outperformed for March with a 2.85% gain. The other TSP funds were all just short of even for the month.


The SPY (S&P 500 / C-fund) opened below a rising trend line as well as the 50-day EMA on Monday but late buyers pushed the index back above both before the close. The index continued to rise for the rest of week and it seemed we may have a test of overhead resistance but the index could not do so on Friday as the day traded in a short range. The C-fund ended the week with 0.82% gain and ended March with a 0.12% gain for the month.




The Dow Completion Index (S-fund) found support on Monday and excelled from there for the rest of the week. Unlike the SPY, the index did test overhead resistance and was able to break above it and close above it Thursday and stay above it Friday. This week put the Dow Completion Index in a good position going into the new month especially if that resistance becomes support. The S-fund led the TSP funds this week with 1.96% gain and it fell short of even for March with a slight loss of 0.08% for the month.




EFA (EAFE Index / I-fund) continued to remain above the resistance line of this year's trading channel for most of the week. The index did open back with the trading channel on Friday but closed on the line. The I-fund ended the week with slight gain of 0.05% and outperformed the TSP funds for March with a gain of 2.85%. The I-fund continues to lead the TSP funds for the year with a 7.35% gain thus far.




AGG (Bonds / F-fund) started the week with nice up day but closed lower each day following but found support with the 200-day EMA where it ended the week just above. The F-fund was up 0.07% for the week and ended March with a 0.01% loss.




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
Facebook | Twitter



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.

Submit "TSP Talk Weekly Wrap Up" to Digg Submit "TSP Talk Weekly Wrap Up" to del.icio.us Submit "TSP Talk Weekly Wrap Up" to StumbleUpon Submit "TSP Talk Weekly Wrap Up" to Google

Comments


S&P500 (C Fund) (delayed)

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

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

(Stockcharts.com Real-time)
BND (F Fund) (delayed)

(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes