TSP Talk Blog

Stocks were flat to slightly higher yesterday with the Dow gaining 40-points, the S&P 500 picking up 3-points, while the Nasdaq was flat. The normally volatile month of September has been anything but volatile and it looks like it wants to go out like a lamb. But the 29th of September has a history of being rocky so we'll see if it can buck trend as well.

Daily TSP Funds Return More returns

While the S&P 500 (up 0.31% this week) and the Nasdaq (+0.00% this week) are moving slightly higher or sideways it continues to be the early 2017 laggards, the Small Caps and Transports, that lead on the upside.

I have to make this quick today. My wife is retiring and Thursday was her last day at work. They are throwing a party for her and they're expecting me right about the time I'm usually writing these reports.

Administrative Note: It has come to our attention that some agencies / branches of the military (most recently the Navy) are blocking TSP Talk. We've seen this before and sometimes there is something you can do about it. If you are in the Navy and having this issue, one of your members sent me this form that can be filled out and emailed to the address on the form. I think if they get enough requests they will reconsider. ( Download Exception-Request-Form Word Doc ) Thank you!


The SPY (S&P 500 / C-fund) closed at another new high with its 3-point gain on Thursday. It continues to flirt with that rising overhead resistance line and clearly there is more room on the downside, but the bears do not seem interested at this time to put on any pressure. Perhaps it is the tax cut talks?




The DWCPF (S-fund) keeps chugging along, but no matter how you slice it, its quite extended.




The EAFE Index (I-fund) had a big day as it played a little catch up to the U.S. stocks rally this week, and the dollar pulled back about 0.29% making up most of that gain.




The AGG (Bonds / F-fund) reversed higher from some sharp early losses and closed back above the 50-day EMA. There's a large open gap near 110.90 but it's that 50-day EMA that looks intriguing, and has been a strong area of support for the AGG for months. Can it hold again?




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Thanks for reading. Have a great weekend!

Tom Crowley


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