Quick Recap of the Week
Stocks were in slightly negative territory until Friday. The S&P 500 had trouble moving past the 2000 price level. As we indicated last week, this was a clear resistance area.
However, the major stock indices had large gains on Friday. They’re now at their highest levels since early January.
Economic Data
Jobless claims and mortgage applications were better-than-expected. In addition, the European Central Bank lowered its interest rate, going further into negative territory. This may not be a smart move in the long run, but for now it’s pushing stocks higher.
TSP Funds
The C Fund had the largest gain of 1.19%. Following it were the I Fund with a 1.05% advance, and the S Fund’s 0.66% gain. The F Fund had a tiny loss of 0.09%.
Strategy Allocations
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| 50% G & 50% C | 100% G | 100% G | 75% G & 25% C |
BTD = Buy the Dip
LR = Low Risk
New Trades: none
See description of strategies here
TSP Fund Performance (3/11/2016 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 0.39% | 1.73% | -0.54% | -3.23% | -3.01% |
Strategy Performance (3/11/2016 YTD)
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| -6.16% | 1.46% | 0.39% | -2.04% |
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
