The charts have been updated for the Top 50 and Top 15.
The Top 50 are showing a good allocation mix given how the individual TSP funds are performing. A large cash reserve is available, the F fund has lost favor, and the S fund is overweighted (as it should be). This group looks positioned to take advantage of the next dip after catching a piece of the current rally.
Of course we have to get through this week first, as some of us are out of IFTs to execute trades.
Not to worry, two things favor those traders right now; we're overbought, and post OPEX is typically weak. I myself am sitting on 100% cash and like my chances to get back in on a minor pullback. As long as a SS buy signal is in force it should be a good strategy. Now if the market would just cooperate. :cheesy:
By contrast, the Top 15 are showing a different mix. They have much less cash available, more F fund exposure, and are overweighted in the I fund.
This is the last week of the month, so some traders who still have their IFTs may be looking for at least a short term opportunity. It could be a tough trade though, with the market being overbought.
The Top 50 are showing a good allocation mix given how the individual TSP funds are performing. A large cash reserve is available, the F fund has lost favor, and the S fund is overweighted (as it should be). This group looks positioned to take advantage of the next dip after catching a piece of the current rally.
Of course we have to get through this week first, as some of us are out of IFTs to execute trades.
Not to worry, two things favor those traders right now; we're overbought, and post OPEX is typically weak. I myself am sitting on 100% cash and like my chances to get back in on a minor pullback. As long as a SS buy signal is in force it should be a good strategy. Now if the market would just cooperate. :cheesy:
By contrast, the Top 15 are showing a different mix. They have much less cash available, more F fund exposure, and are overweighted in the I fund.
This is the last week of the month, so some traders who still have their IFTs may be looking for at least a short term opportunity. It could be a tough trade though, with the market being overbought.
