Quick Recap of the Week
When the markets opened last week, Brexit fears continued. Stocks fell Monday, giving the S&P 500 a two-day loss of 5%. After that, stocks bounced up sharply. The major indices ended the week with solid gains.
Economic Data
ISM manufacturing, the Case/Shiller home price index and consumer confidence all increased from the previous month. On the negative side, initial jobless claims and pending home sales were worse-than-expected.
TSP Funds
All of the TSP funds had gains. The I Fund rose by 1.68% while the C Fund gained 1.60%. The S Fund advanced by 1.22% while the F Fund gained 0.98%.
Strategy Allocations
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| 50% G & 50% C | 100% G* | 100% C | 75% G & 25% C |
BTD = Buy the Dip
LR = Low Risk
*New Trades: Interfund transfer (IFT) for 50 Day to 100% G Fund before noon EST on Wednesday, 7/6/16.
See description of strategies here
TSP Fund Performance (7/1/2016 YTD)
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 0.94% | 5.72% | 4.09% | 3.14% | -2.70% |
Strategy Performance (7/1/2016 YTD)
| Standard | 50 Day | BTD | LR |
|---|---|---|---|
| -3.67% | 8.39% | 2.14% | -0.45% |
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
