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TommyIV's TSP Talk Blog

TSP Talk Weekly Wrap Up

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Stocks continued their volatile action throughout the week as indices are recovering from the recent sell-off. After a slow start Monday, stocks built some of their best gains in months mid-week. Those gains were all erased Thursday and by the close on Friday we were back where we started for the week in the S&P 500. Small caps underperformed large caps as the early gains in the S-fund turned into losses.

Bonds were also down for the week and the F-fund lagged the other TSP funds with a 0.37% loss for the week. Even while stocks are still recovering, investors are not turning to bonds for safety while there is continued trouble with foreign treasury debt and a more hawkish Fed at home.

More significant earnings reports will be coming in next week and it seems like there must be some cash floating around to be put to work. There is still technical damage in a lot of individual stocks that will need some help to turn things back in favor of the bulls.

I'm on a weekend vacation in Yellowstone so I'm keeping this week's Wrap Up short so I can go exploring.




Here are the weekly, monthly, and annual TSP fund returns for the week ending October 19th:




The SPY (S&P 500 / C-fund) is in the process of finding some footing after falling to its 200-day EMA. There is falling resistance and recent rising trend from the bounce that kept the index from building on its early gains in the week. The C-fund was up 0.04% for the week.




AGG (Bonds / F-fund) fell late in the week to close an open gap from last week. The index fell to close just off its lows but has a decent price range to jump in any direction from the current price. The F-fund lagged the TSP funds this week with a loss of 0.37%.




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
www.tsptalk.com
Weekly Wrap-Ups Archive
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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.

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S&P500 (C Fund) (delayed)

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DWCPF (S Fund) (delayed)

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EFA (I Fund) (delayed)

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BND (F Fund) (delayed)

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