Volatility continues to hamper confident positioning when it comes to TSP Management. Overall stock positions remain conservative, while bond and cash levels rise going into the new trading week.
The Top 50 dropped their stock exposure by 8.7%; from 28.2% to 19.5%. This group is also sporting a higher bond allocation than stocks.
The herd (Total Tracker) also dropped stock levels. This group dropped total stock allocations to just 39.62%, while also raising bond and cash levels.
We're obviously not trusting this market and while these charts bear that out (no pun intended
) so too does our sentiment survey, which remains in a buy condition for the 14th straight week.
The Top 50 dropped their stock exposure by 8.7%; from 28.2% to 19.5%. This group is also sporting a higher bond allocation than stocks.
The herd (Total Tracker) also dropped stock levels. This group dropped total stock allocations to just 39.62%, while also raising bond and cash levels.
We're obviously not trusting this market and while these charts bear that out (no pun intended
) so too does our sentiment survey, which remains in a buy condition for the 14th straight week.
