Good Evening, First of all, thanks for all the messages and prayers. I am back home from the hospital and digging in for a long recovery. Those of you that have had joint replacement know exactly what I mean. Those of you that have not will just have to take my word for it when I say this ain’t easy! Nevertheless, God is good and He will see me through!
Stocks rose today on optimism that China will initiate some type of financial stimulus to keep the worlds second largest economy humming along. A good bounce in bad market will often convince you that things are better. Are they?? Only time can answer that question for sure. It is easy to justify a more optimist viewpoint at this juncture. The Fed is now sounding much more dovish, there is progress on the trade issue with China, quite a few economists assure us there is no sign of a recession, and earnings season is about to start. Even the longest governmental shutdown in history isn’t causing much concern. Historically speaking, a market that is acting this way tends not to go straight back up. Usually there is a significant pullback and a very high likelihood that the lows are eventually tested. The typical bounce after an oversold bounce is around 11-12%. Currently, the S&P 500 is up about 10.9% from the low hit on December 26. So the question is will we retest the lows of December? If not you better jump in now. If so you’d better wait. I’m waiting. I’m giving up the current turn as the price of being safe. I’m sure that not everyone agrees. But then again not everyone’s risk tolerance is the same and a lot of that has to due with your age. Do you have a lot of time to make up the losses if it does turn down??? Is it mad money playing with or in other words can you afford to lose it? Or is it retirement money that you cannot afford to lose? What’s good for one may not be good for all….. Here’s to praying for this recovery to continue so we can all get back to making some money.
The days trading left us with the following results: Our TSP allotment was steady in the G Fund. For comparison, the Dow was up +0.65%, the Nasdaq +1.71% and the S&P 500 +1.07%.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/G. Our allocation is now +0.11% on the year not including the days results. Here are the latest posted results:
01/14/19 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 16.0093 | 18.1661 | 37.0654 | 46.5818 | 27.6554 |
$ Change | 0.0036 | -0.0106 | -0.1918 | -0.3719 | -0.1076 |
% Change day | +0.02% | -0.06% | -0.51% | -0.79% | -0.39% |
% Change week | +0.02% | -0.06% | -0.51% | -0.79% | -0.39% |
% Change month | +0.11% | +0.13% | +3.10% | +5.92% | +3.53% |
% Change year | +0.11% | +0.13% | +3.10% | +5.92% | +3.53% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.8503 | 27.1011 | 30.2959 | 32.6858 | 18.781 |
$ Change | -0.0180 | -0.0374 | -0.0921 | -0.1204 | -0.0797 |
% Change day | -0.09% | -0.14% | -0.30% | -0.37% | -0.42% |
% Change week | -0.09% | -0.14% | -0.30% | -0.37% | -0.42% |
% Change month | +0.81% | +1.15% | +2.22% | +2.65% | +3.02% |
% Change year | +0.81% | +1.15% | +2.22% | +2.65% | +3.02% |
