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TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Up

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Again we see a week with no real trend. Stocks were mixed all around ithin the major indices, which makes it hard to pin point what exactly is on trader's minds these days.

Big opportunities can be found at the individual stock levels but TSP funds will average out the good and the bad. Navigating between the good averages and the bad averages is what will ultimately maximize your return. Easier said than done of course.

The Fed raised interest rates this week and the reaction was a few head scratches as to what to do next. This was followed by selling, which naturally brought in the dip buyers who always seem to be ready. Stocks fell Thursday to bring the week's gains back down and give the S-fund a slight loss. The F-fund led the TSP funds this week without stocks funds taking great losses. The I-fund was flat for the week.

Here are the weekly, monthly, and annual TSP fund returns for the week ending June 16th:

The SPY (S&P 500 / C-fund) made it above the resistant trend line the rising trading channel but closed back within it. This brings in a more short-term trading channel that is rising at a higher rate than seen in April and May. The 20-day EMA marks the lows of Thursday which could have been support for the index. The C-fund ended the week with a gain of 0.12%.

The Dow Completion Index (S-fund) found long-term resistance to be stronger than short-term support. The index also saw its 20-day EMA as support after trend lines failed. The 50-day EMA is also just below current levels as possible support. The S-fund ended the week with a loss of 0.37% lagging the TSP funds.

EFA (EAFE Index / I-fund) moved a bit this week but did not travel much by the end. The index seems to be playing tag with itself as it opens gaps in open gaps it is filling. This led to the I-fund with just a 0.01% gain for the week. The 50-day EMA is also just below to act as support in the case of an attempt for this chart to fill the open gap from April.

AGG (Bonds / F-fund) gapped up Wednesday and though strayed from the highs of the week, bonds only partially filled the open gap before moving up again. This leaves three open gaps below the current price which is not a good look for bonds legitimacy if they carry on upward. The F-fund led the TSP fund with a gain of 0.27%.

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
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&P 500 (C Fund)
DWCPF (S Fund)
Dow Jones U.S. Completion Total Stock Market Index (^DWCPF)
EFA (I Fund)
iShares MSCI EAFE Index (EFA)
AGG (F Fund)
iShares Lehman Aggregate Bond (AGG)