The Last Look Report

It has been a quiet morning with a busy week ahead. However, stock indices have taken a sharp drop down from their morning action.


The S&P 500 (C-fund) and DWCPF (S-fund) are both down now after the S&P 500 spent most of the morning in positive territory.


The S&P 500 is close to even for the day while the DWPCF has sunk down to a 0.7% loss.


Investors will be positioning themselves ahead of a week full of economic data, the very thing that spiraled the markets off their July podium.


Tomorrow investors will get the Producer Price Index, the inflation seen at the factory level. This is expected to stay steady at a 0.2% growth from the previous month.



TSP Talk AutoTracker Members


Today two members are leaving stocks for the G-fund. They do not want a part of this week's economic data.


That includes goforit who has the second-best August return so far. They join silver2828 who leads the August standings and moved to the G-fund on Friday.


Kclark is moving into stock today after leaving stocks before last week's recovery.


Yanni123, a 2023 Autotracker winner, is spreading some of their C-fund holdings to the S and I-funds.


Average Allocation of the Top 300 AutoTracker Members:

(includes premium members)


G: 12.5%, F: 1.9%, C: 58.4%, S: 20.7%, I: 3.0%


Compare to yesterday's report


Fund Morning Performance

30 minutes before the TSP trade deadline:


The S&P 500 (C-fund) is down 0.1%


The DWCPF (S-fund) is down 0.7%


The ETF EFA (I-fund) is down 0.1%


The bond ETF BND (F-fund) is up 0.1%


Click Here For Real Time Quotes of the C, S, I, and F-fund Tracking Indices.


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Today's Headlines

Markets Might Have Recovered. Investors’ Nerves Haven’t. - The fear evident on Monday tells us something about where markets are heading and how investors are feeling. It could also directly affect investor psychology, itself influencing whether the cracks we just saw in markets turn into chasms.


Investors Borrowed Like Crazy During the Rally. Now They’re Paying the Price. - Much of the selling last week was a result of the deleveraging of over leveraged investors. Changes in economic or financial conditions can force investors to sell one piece of their portfolios, such as U.S. or Japanese equity holdings, to deal with losses from another, such as leveraged bets on a weak yen. The messy process to reduce risk takes time before traders can reload.  


A Big Week Ahead for Economic Data: Inflation, Retail Sales, Housing Starts - Buckle up for more economic data with market-moving potential this week. Here is a list of the reports to come and when they come.


More News

Forum Posts

tsptalk's Market Talk - While inflation seems to be less of an issue, any hot number could impact the Fed's decision on interest rates, and while investors are more concerned with the economy right now, the Fed is still laser focused on inflation.


JTH's Account Talk - You know it’s a bad month when the Top-300 is down -3.21% MDT, and the Bottom-300 is doing better at -3.00% MTD.


Bquat's Account Talk - I am expecting the S-fund chart to hold on my ladder rung.

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This newsletter was written by Thomas A Crowley (tommyiv). You can email me at tommy@tsptalk for any feedback or questions.

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