Good Evening, The Fed minutes were released this afternoon and indicate that Fed Members believe that the Trump agenda is already giving a lift to the economy and the markets. That was followed up with news that the Institute for Supply Management manufacturing index rose to 59.7 in December from 58.2 in November. That news was all the conformation that the market needed to push higher. Before you even get started please understand that I only comment on politics as it effects that market. I understand that it is a highly controversial subject so I will give you the following advise. Don’t let your political leanings one way or the other effect your judgement. Those that said the market was going to tank under Obama missed out on some nice gains and those that said the market was heading for disaster when Trump was elected again missed out on some nice gains. Keep your emotions and opinions out of your investment decision making. Never anticipate and always react! While we’re on the subject, the talking heads are calling for a 10% correction in January. I also believe that there will be a decline. As to whether or not it will be 10 %……. I’m not so sure. But either way our plan is the same. We will watch our charts and we will look for a rally or a correction everyday, not just when Joe Smoe on CNBC says the market is going to move up or down. It’s OK to look for a certain out come. It is not OK to make a decision because you are expecting a certain out come. These guys are wrong as much as they are right. But you know the funny thing? Nobody ever remembers when they were wrong. Only when they got it right. Now there’s some food for thought.
The days trading left us with the following results: Our TSP allotment added +0.22%. For comparison, the Dow gained +0.40%, the Nasdaq +0.84%, and the S&P 500 +0.64%. I thank God for another day in the green.
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +0.82% on the year not including the day’s results. Here are the latest posted results:
| 01/02/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.5426 | 18.0638 | 37.9236 | 48.8657 | 30.9194 |
| $ Change | 0.0021 | -0.0512 | 0.3133 | 0.3996 | 0.0638 |
| % Change day | +0.01% | -0.28% | +0.83% | +0.82% | +0.21% |
| % Change week | +0.01% | -0.28% | +0.83% | +0.82% | +0.21% |
| % Change month | +0.01% | -0.28% | +0.83% | +0.82% | +0.21% |
| % Change year | +0.01% | -0.28% | +0.83% | +0.82% | +0.21% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.5742 | 26.9502 | 30.8534 | 33.6297 | 19.4969 |
| $ Change | 0.0236 | 0.0600 | 0.1172 | 0.1510 | 0.1003 |
| % Change day | +0.12% | +0.22% | +0.38% | +0.45% | +0.52% |
| % Change week | +0.12% | +0.22% | +0.38% | +0.45% | +0.52% |
| % Change month | +0.12% | +0.22% | +0.38% | +0.45% | +0.52% |
| % Change year | +0.12% | +0.22% | +0.38% | +0.45% | +0.52% |
