Recap of the Week
Stocks continued their October slide last week. Small-cap stocks declined sharply. Larger, blue-chip shares held up much better.
Weekly Economic Data Releases
Better than expected: gross domestic product, jobless claims, new home sales and the purchasing managers index for services.
Worse than expected: durable goods orders, consumer confidence and the MBA mortgage application index
Federal Reserve/interest rate watch: the odds of a December rate hike increased to almost 75%.
TSP Funds
It was a bad week for the funds. The S had the biggest loss of 1.96%. The C fell by 0.67% while the F declined by 0.49%. The I Fund had a 0.38% loss.
Strategy Allocations
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| 100% C | 100% G | 100% C | 50% G & 50% C |
BTD = Buy the Dip
LR = Low Risk
New Trades: For 50 Day, do an interfund transfer to 100% G Fund before noon EST on Friday, 11/4/16.
See description of strategies here
TSP Fund Performance (10/28/16 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 1.44% | 5.14% | 5.92% | 5.42% | 0.69% |
Strategy Performance (10/28/16 YTD)
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| -2.61% | 8.99% | 3.49% | 0.36% |
Charts
1. Daily S&P 500 (C Fund Proxy)
2. Daily EFA (I Fund Proxy)
3. Daily Wilshire 4500 (S Fund Proxy)
4. Daily AGG (F Fund Proxy)
Get The Full Picture
Weekly Wrap Up
From Briefing.com