Good afternoon, TSPwire Tactical Investor!
Modest gains sealed a six-weak winning streak for stocks as investors breathed a sigh of relief that earnings reports and consumer sentiment were better than expected. Although there were concerns that earnings would puncture the recent stock-market rally, reports so far have encouraged those who believe the economy and financial system are tentatively finding their feet.
The SP 500 (C Fund) rose 0.5% on Friday finishing week 1.5% up. The Russel 2000 (S Fund) finished week up 2.39%.
Treasury (F Fund) and gold prices fell as economic and earning news favored stocks. Gold fell 1.7% for the week, a fourth straight weekly drop.
For the next week we will keep our allocations at the same level 25% S Fund, 25% C Fund and 50% I Fund.