TSP closing numbers as of 7/17/15

A much better week in the market and we had a couple of indexes make a few moves. The S fund daily is back to the buy side. The I-fund also made moves and we will talk about both of these later. We are only half way through the summer and it is always a dicey time. Hopefully using the monthly moves helps you navigate through all this drama without being to stressful. You may not make as much as the best moves, but the goal is simple. Keep it simple and never take any major losses. Our goal is to make an average of 7% a year and always have a positive PIP.

The S&P 500 made a very strong move with a 5 day march straight uphill. I would only expect a pause or a small pull back next week before one of two things happens. We are either going to bounce off the highs and sink back to test the lows or we are going to break through to new highs. It’s anyone guess. For now, we are all safe with no warnings.

    The Small Cap index daily charts made it back to the buy side this week. Yes it was confirmed and it is back on. But what kind of concerns me is that sideways move after breaking out to the buy side. So we will watch this closely next week and see what happens. Right now though, all 3 charts are a buy, daily, weekly, and monthly.

    On Thursday the International index march back to what looked like a buy signal. It needed to be confirmed Friday but unfortunately it did follow through. price needs to get above $65.33 and close above $65.33. What is also amazing to me is the price is currently above the monthly buy line but we cannot use that information yet. Normally monthly moves do not bounce back and forth so quickly but it appears because of the Greek news, that this is exactly what is going to happen if the current trend continues. So even though there was a nice move this week, nothing actually changed yet.

    Bonds did rise all week long but what you can see more clearly now is that prices have channel that they are grinding in. $109 to $108. So nothing here really changed this week.

So there you have it. It was a nice week on all 4 indexes but really very little changed. The S&P 500 is close to all time highs but the other 3 indexes not so much. So there is still a lot of concern here and we will sit back and watch and see where we are come July 31st. That is two complete trading week to go.