Friday was a very strong move to the upside for all 3 TSP stock funds. We are not out of the woods yet but, the risk/reward ratio has turned positive in the short run. By moving to 60% stock funds and 40% G fund, we will get the majority of the gains as the market goes up. If we get a weekly close above 3025, I will move to 100% stock funds.
Because we are not out of the woods yet, if the market rolls over and closes below the 200DMA, I will likely move back to 100% G fund. I’m watching 2950, the short term trend line, and the 200DMA very closely… In the long run, a significant crash is coming. In the short run, a 10% move higher going into early 2020 is definitely possible.
Please post questions to comments or email.
Have a great week!