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TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Up

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All of the TSP funds (except the G-fund naturally) were down for the week but all the losses were less than 1%. Stocks fell early this week after some trouble with the Healthcare Bill in the Senate gave traders a reason to sell. Relief came mid-week but it could not hold as most of those gains were wiped out Thursday. The 2nd quarter ended with a volatility on Friday, but there was some late selling.

Most of the trouble was seen in large caps and tech stocks. This shows in the smaller losses in both S and I-fund compared to the C-fund. Bonds (F-fund) were also down as much as large caps after pulling back from their recent highs.

Here are the weekly, monthly, and annual TSP fund returns for the week ending June 30th:

The S-fund outperformed in June with gain of 2.33% while the C-fund was up 0.62%. The I and F-fund were in negative territory for June.

The SPY (S&P 500 / C-fund) was below its 20-day EMA early this week after being above it since mid-May. When the index sold-off Wednesday a significant support line intraday was the 50-day EMA. The SPY ended the week between the 20 and 50-day EMA. The C-fund was down 0.58% for the week but was able to keep some gains for the month of June: 0.62%.

The Dow Completion Index (S-fund) was less affected by the dollar and also had more legitimate rising support to keep the losses to a minimum. The S-fund ended the week nearly flat with just a 0.03% loss to end June with an outperforming gain of 2.33%.

EFA (EAFE Index / I-fund) fell below some rising support that held last week and the first part of this week. The indices next line of defense is its 50-day EMA which has not been tested in some time. Although outperforming for the 2017, The I-fund lagged the TSP fund in June with a 0.18% loss after falling 0.26% this week.

AGG (Bonds / F-fund) sold off this week reaching levels not seen since May. An open gap was filled this week that was produce in June but another was opened Tuesday. Rising support kept bonds from further loss and the 50-day EMA is just below the trend line as well. The F-fund fell 0.58% this week as it lagged with the C-fund. This wiped out all the gains produced in June and gave the F-fund a loss of 0.09% 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
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)