View RSS Feed

TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Up

Rate this Entry
Stocks were mixed this week with small caps (S-fund) outperforming with modest gains while large caps (C-fund) pulled back slightly for the week. There was no obvious catalyst to provoke traders this week so the action was more sideways and old worries of a rising dollar, rising yields, rising oil, geopolitical issues, and trade war problems made the news to suggest reason behind the mixed moves. Stocks had just come off a strong week that put them into more of a technical advantage to keep traders from taking profits this week, but there was also nothing to persuade traders to up there investments.

Small caps pulled back early in the week with large caps but the difference came in the second half of the week where small caps kept the early gains of the day Thursday that large cap indices gave them back.

Bonds (F-fund) were down as yields edged up further to new highs in the past four years. The F, C, and I-fund all fell just short of 0.5% for the week.

Next week traders will continue there search for a reason to act. In the meantime, the action in stocks will be heavily influenced by technical standpoints.

Here are the weekly, monthly, and annual TSP fund returns for the week ending May 18th:

The SPY (S&P 500 / C-fund) gapped down early in the week after primarily moving up. The index spent quickly closed the open gap and then was kept at bay by falling resistance. The good news was the index remained above April highs giving some technical confidence to traders on the price. The C-fund was down 0.47% for the week.

The Wilshire 4500 Completion Index (S-fund) also fell early in the week but kept up the pace after filling the gap. The index does now have the highs of March to have as potential resistance this coming week. The S-fund was up 0.67% to outperform the TSP funds.

$IEE (EAFE Index / I-fund) fell early this week to fill the open gap from the previous week but could not recover the early losses of the week. The 20-day EMA did hold as support to keep prices near the highs of the month. The -fund was down 0.46% for the week.

AGG (Bonds / F-fund) gapped down early in the week out of the bottom of the bear flag but continued to fall as a result of the rise in interest rates. The index did was up Friday to come off the its lows for the week but still ended with a loss of 0.46% 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.

Thomas A Crowley
Weekly Wrap-Ups Archive
Facebook | Twitter

The legal stuff: This information is for educational purposes only! This is not advice or a recommendation. 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 Submit "TSP Talk Weekly Wrap Up" to StumbleUpon Submit "TSP Talk Weekly Wrap Up" to Google


SPY (C Fund) (delayed)

( Real-time)
DWCPF (S Fund) (delayed)

( Real-time)
EFA (I Fund) (delayed)

( Real-time)
AGG (F Fund) (delayed)

( Real-time)