Thrift Savings Plan TSP C-Fund Exit into the G-Fund

Effective today, all money I had in the C-Fund was transferred to the G-Fund. Technical reason: SPX over extended and entering a supply zone from August of '22. The bullish exuberance doesn't sense in a fundamentals or macro-economic sense. AAPL, AMZN and GOOGL missed on their earnings and this earnings season, as a whole, has not been good. Unemployment is at historic lows, which will compel the Federal Reserve to sustain restrictive monetary policy for a longer rate cycle and opens the door for a higher terminal rate. With this in mind, I would not be surprised of the next CPI report came in hotter than expected or hotter than last months. Outlined are possible areas where price has historically reacted.

コメント:

Thrift Savings Plan (TSP) C-Fund: Rejected twice on the daily chart in this supply zone. 4100 must hold. If basing occurs there, will look to initiate inter-funds transfer back into C-Fund from the G-fund. Would like to see how this plays out in the next few days. Still on the defensive with my core position in the G-fund. See price reaction to 4100 during the past 4 months.