Good Evening, This market has momentum! The dip buyers showed up again today even with the negative news about a possible government shutdown. It was just another buying opportunity for them. They can’t get enough of the high quality big cap stocks. In the old days we’d call this climbing a wall of worry as everyone would keep buying for fear of being left out until the market finally corrected. However, with new money coming into the stocks from the bond market selling off and new value being created in corporations from the new tax bill, I’m not so sure that will be the case this time. At least not for a while, Heck, you might as well consider the corporate tax cut as a form of economic stimulus! Say it’s not? Then what do you call Apple putting 350 Billion dollars into the US economy? That’s bigger than most government stimulus programs on record. By the matter of fact it’s bigger than the whole program we had to rebuild Europe after World War II at 150 Billion. You say, I got you there Scott. That was in 1948 dollars. Think again, that figure is adjusted for inflation. Bottom line, whether you like it or not, whether you like this administration or not, this market is going higher. Will it overheat? Yeah, probably at some point. We talked about that in a recent blog if you want to get caught up. But for now, here in the precious present, we are making money. Thank God for that!
The days trading left us with the following results: Our TSP allotment had a nice gain of +1.11%. For comparison, the Dow added +0.21%, the Nasdaq +0.55%, and the S&P 500 +0.44%. Praise God for another good day!
The weeks action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. As of the close of business today our allocation is 100%/C. Our allocation is now +3.00% on the year not including the days gains. Here are the latest posted results:
| 01/18/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.5588 | 17.9755 | 39.3897 | 49.9185 | 32.2214 |
| $ Change | 0.0010 | -0.0303 | -0.0607 | -0.2118 | -0.0357 |
| % Change day | +0.01% | -0.17% | -0.15% | -0.42% | -0.11% |
| % Change week | +0.04% | -0.28% | +0.43% | -0.57% | +0.18% |
| % Change month | +0.12% | -0.77% | +4.73% | +3.00% | +4.43% |
| % Change year | +0.12% | -0.77% | +4.73% | +3.00% | +4.43% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.7283 | 27.3065 | 31.5506 | 34.5222 | 20.083 |
| $ Change | -0.0081 | -0.0192 | -0.0383 | -0.0500 | -0.0330 |
| % Change day | -0.04% | -0.07% | -0.12% | -0.14% | -0.16% |
| % Change week | +0.06% | +0.08% | +0.12% | +0.13% | +0.14% |
| % Change month | +0.91% | +1.55% | +2.65% | +3.12% | +3.54% |
| % Change year | +0.91% | +1.55% | +2.65% | +3.12% | +3.54% |
