The new allocation for the TSPWealth System is listed above. New allocations reflect a strengthening market environment this past week and marks the second interfund transfer for the month of May. All stock funds are now in buy mode, with a recent technical condition called a “breadth thrust” that gives this market upward momentum. These breadth thrusts do not occur very often and are good confirmations as more buy signals emerged and confirm the sentiment indicators that suggested the recent short-term market bottoming activity. The current year-to-date return is –8.6%.
Happy Returns,
TSPWealth
Note: The allocations above are meant for interfund transfers of the TSP funds. For the allocation of payroll deductions, one might select a single fund and never change the payroll deduction allocation. The money from payroll deductions will move with the next interfund transfer posting on TSPWealth.
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