Recap of the Week
It was a wild week for the markets. With all eyes on the election, it was both turbulent and very profitable for some sectors.
In particular, the Russell 2000 small-cap index gained over 10%, as did the financial sector. Most likely, these gains will be reversed a bit in the coming days. Such extreme moves are very unusual, and can’t continue at that pace. However, the gains may be enough to convince traders that the long-term bull market is still healthy and intact.
Weekly Economic Data Releases
Better than expected: unemployment claims, consumer sentiment
Worse than expected: JOLTS job openings
Federal Reserve/interest rate watch: the odds of a December rate hike increased from 72% to 81%.
TSP Funds
The S had the largest gain of 5.38%. The C moved up by 4.02%, while the I Fund advanced by 0.44%. The F Fund had a 1.48% 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: None
See description of strategies here
TSP Fund Performance (11/11/16 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 1.51% | 3.84% | 8.10% | 9.01% | -0.40% |
Strategy Performance (11/11/16 YTD)
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| -0.81% | 6.99% | 5.41% | 1.32% |
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