S&P 500 down .002% or 2.4 points. Basically a non-event week. It tried to breakout 1150 everyday this week and was rejected. We did break through the 113 on the SPY or 1130 on the S&P, but when we hit that next level of 115 or 1150, the wheels seem to come off. Nothing convinced me to put my retirement money back in, so I stayed 100% G.
The Small Cap or $DWCPF was actually up 5.94 points or 1%. I might have should of moved some money into here, but I’m not going to cry about.
The European index or EFA, did just a bit better than the S&P, in that it was actually up for the week, but only .09 cents. To small of a percentage point to speak about.
Sorry for the short brief, but I’m on vacation and will not be home for a bit more. When I return, I will go back to my normal weekly updates with charts. Nothing about this market impressed me this week as far as putting my retirement money back to work. Just the opposite, it looks scary. I think there needs to be a small correction to 110 or 109 on the spy or 1100 to 1090 on the S&P. Any further than that and most professionals think it might fall further.
TSP distribution: G-fund 100%
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