The S&P 500 is and has broken out to yearly high's and is still a hold but a pullback has to be in order after last Thursday and Friday move. The line in the sand still remains @ $1397.12. We are above the 50 day moving averages and well above uptrend. You cannot do anything here but staying. If your out looking in, I would say in my opinion chases prices at this point is a diaster waiting to happen. I would at least wait for a small pullback and lower pivot high, and then get in.
Small Cap also popped up last week, but did not make new high's yet. This index I would enter and not worry to much about a pullback yet. $695.74 is the line in the sand. Price is above 50 day moving averages and uptrend. This is all good.
EFA, or International Fund? With the wild swings last week, I'm scared of the index. I'm a watcher at these prices and might regret it, but this index just looks to risky.
The Bonds made a lower pivot high last week and even though price somewhat bounced, I would have to stay out and watch at this point. I'm a little scared of a collapse in Bonds at this moment.
There you have it, Stay in the C, S, and G. The I looks a scary, so I'm going to have to stay away at the moment. If your out of the C, I wold have to wait on a pullback at these prices.
TSP Distribution: C-fund 50%, S-fund 40%, G-fund 10%
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