Good Evening, Keeping it short again tonight. I’m worn out! trying to do this rehab/recovery and watch my stocks is wearing me out! Know that I do indeed have my eyes on the charts! I personally have too much invested not to. Not to mention the fact that I take My TSP Guide very seriously. I have a lot of good friends that have been with me for a long long time so I can’t let them down! Anyway, the market finished the day mixed with the major indices under a good deal of pressure most of the day as investors digested earnings from several large corporations and anticipated more after the bell. I feel like one in particular had a big influence on the day and will do so again tomorrow. Apple (AAPL) issued lower guidance earlier in the month which had a negative effect on the afternoon. As I have mentioned several times Apple has a profound effect on the market due to it’s large market cap. It is in virtually every index and many ETF’s. However, a strange thing happened which I am almost sure will give us a lift tomorrow. Apple’s reported earnings after the bell that were a little better than expected. Thus, the futures are currently rising and anticipate a positive open in the morning!!!
The days trading left us with the following results: Our TSP allotment slipped -0.22%. For comparison, Dow added +0.21%, the Nasdaq fell -0.81%, and the S&P 500 was off -0.15%. Like I said, it was mixed…..
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now -0.42% on the year not including the days results. Here are the latest posted results.
| 01/28/19 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 16.0261 | 18.2073 | 37.9545 | 48.1956 | 28.0657 |
| $ Change | 0.0036 | 0.0123 | -0.3004 | -0.2035 | -0.1296 |
| % Change day | +0.02% | +0.07% | -0.79% | -0.42% | -0.46% |
| % Change week | +0.02% | +0.07% | -0.79% | -0.42% | -0.46% |
| % Change month | +0.21% | +0.36% | +5.57% | +9.59% | +5.06% |
| % Change year | +0.21% | +0.36% | +5.57% | +9.59% | +5.06% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.9582 | 27.2992 | 30.7171 | 33.2233 | 19.1315 |
| $ Change | -0.0216 | -0.0450 | -0.1114 | -0.1446 | -0.0950 |
| % Change day | -0.11% | -0.16% | -0.36% | -0.43% | -0.49% |
| % Change week | -0.11% | -0.16% | -0.36% | -0.43% | -0.49% |
| % Change month | +1.36% | +1.89% | +3.64% | +4.34% | +4.95% |
| % Change year | +1.36% | +1.89% | +3.64% | +4.34% | +4.95% |
C Fund: Bullish Wedge!
S Fund: Bullish Wedge!
I Fund: Bullish Wedge!
F Fund:
Given that our equity based charts have all formed bullish wedge patterns I fully expect the market to move higher. This is one of the most reliable patterns that I know! That’s all for tonight. Have a nice evening and may God continue to bless your trades. Stay warm!
