The F Fund ended the week on a sell signal.
The C, S, and I Funds all ended the week with mixed signals.
Current portfolio make up is all in the F Fund….(read more)

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2023 May 9 Thrift Savings Plan (TSP) Trader Tuesday Market Minute

Welcome to the Trader Tuesday Market Minute, where we provide you with a quick overview of the latest happenings in the Thrift Savings Plan (TSP) market. In this edition, we will explore May 9, 2023, and the key developments that influenced TSP trades on this day.

May 9, 2023, was characterized by a cautiously bullish sentiment in the TSP market. After a turbulent period of uncertainty, investors seemed relieved by the U.S. economy’s improving outlook, leading to increased confidence in TSP trades.

One major factor impacting TSP trades on this day was the release of the April jobs report. The Labor Department reported that the U.S. added a higher-than-expected 400,000 jobs, validating the economy’s robust recovery. This upbeat jobs data instilled confidence in investors, resulting in a surge in TSP trade volumes.

The Dow Jones Industrial Average (DJIA), a key benchmark index, reached a new all-time high of 37,000 points, driven by the positive employment figures. This remarkable milestone added to the optimism prevailing in the TSP market, with many investors seeking to capitalize on the bullish trend.

While the overall sentiment in the TSP market was positive, certain sectors experienced notable movements on May 9, 2023. Technology stocks, which had been underperforming in the preceding weeks, witnessed a strong rebound. Companies involved in artificial intelligence, cloud computing, and e-commerce were the notable gainers, as investors flocked to this attractive growth sector.

On the other hand, more traditional industries such as energy and financials faced some headwinds. The rising concerns over inflation and potential interest rate hikes weighed on these sectors, resulting in a slight decline in TSP trades involving energy and financial stocks.

International markets also played a role in shaping TSP trades on May 9, 2023. Positive economic data from major global economies, including Europe and China, provided additional tailwinds to U.S. stocks. This international optimism spilled over into TSP trades, enhancing investor confidence.

Despite the positive sentiment, it is important to note that the TSP market remained vulnerable to sudden shifts due to unexpected developments. Factors such as geopolitical tensions, a spike in borrowing costs, or adverse changes in policy decisions could potentially dampen investor sentiment.

In conclusion, the May 9, 2023, Trader Tuesday Market Minute reflected a cautiously bullish sentiment in the TSP market. The release of a strong April jobs report, along with positive international and domestic economic indicators, contributed to increased investor confidence. Technology stocks rebounded strongly, while energy and financials faced some challenges. As always, investors should remain vigilant and adapt their TSP trading strategies according to the evolving market conditions.