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TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Up

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Stocks were mixed this short holiday week with a slight gain in large caps (C-fund) and a slight loss in small caps (S-fund). The action bounced back and forth between buying and selling which tested support, resistance and moving averages. The jobs report came out Friday exceeding expectations with 220,000 jobs added after an expectation 173,000. This sent large stocks up and that enable them to end the week back above positive territory.

The I-fund lagged with a loss of 0.47% and the F-fund was down 0.37%.

Here are the weekly, monthly, and annual TSP fund returns for the week ending July 7th:

The SPY (S&P 500 / C-fund) was able to stay above its 20-day EMA Monday and Wednesday but was below it by Thursday where it found support in its 50-day EMA. That moving average trend line held as it has been which sent the index back to the price of the 20-day EMA after the positive jobs report. The SPY still has a decent rising trading channel with the rising support just below the 50-day EMA. The C-fund was the only fund in positive territory, besides the G-fund, with a increase of 0.15%.

I have to cut this short this week due to other obligations.

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)