Good Evening, The market continued with it’s typical bear market behavior today. It continued down in the morning and then pared it’s losses in the afternoon. The action was based on the same old concerns, world growth, energy, and the FED. Janet Yellen is speaking tomorrow and the market is sure to move one way or the other on her words. The thing that always gets folks in trouble with a bear market is that the bottom is just around the corner. Take todays action, as things improved late in the afternoon, you could hear some of the market pundits saying the worst may be over and it may even be time to do some buying. So those that have stuck it out this long say, well maybe it is over, I don’t need to sell, I’ll just hold it a little longer. They next thing they know, their a few more points down. Here’s they deceiving thing about bear markets. As James DePorre (Rev Shark) often says “They don’t scare you out. They wear you out” . So how do you deal with a bear market? Theirs an old proverb “If you find yourself getting too deep, then quit digging.” Stop telling yourself that relief is coming in the next trading session. Before you know it you’ll find yourself down 40 or 50 percent……
The days trading left us with the following results: Our TSP allotment was steady in the G Fund. For comparison the Dow was off -0.08%, the Nasdaq -0.35%, and the S&P 500 -0.07%. Gold, bonds and cash have been the place to be.
Market Comeback Erases Most of Day’s Losses
The days action left us with the following signals: C-Neutral, S-Sell, I-Sell, F-Buy. We are currently invested at 100/G. Our allocation is now +0.23% on the year not including the days results. Remember “It’s not what you make. It’s what you keep that’s important!” Here’s the latest posted results:
| 02/08/16 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.95 | 17.3142 | 25.0457 | 30.1145 | 21.6558 |
| $ Change | 0.0023 | 0.0732 | -0.3567 | -0.7242 | -0.5112 |
| % Change day | +0.02% | +0.42% | -1.40% | -2.35% | -2.31% |
| % Change week | +0.02% | +0.42% | -1.40% | -2.35% | -2.31% |
| % Change month | +0.04% | +0.62% | -4.39% | -6.37% | -4.77% |
| % Change year | +0.23% | +2.12% | -9.13% | -14.53% | -10.12% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 17.4538 | 22.1152 | 23.4282 | 24.5438 | 13.7123 |
| $ Change | -0.0559 | -0.1817 | -0.2691 | -0.3316 | -0.2137 |
| % Change day | -0.32% | -0.81% | -1.14% | -1.33% | -1.53% |
| % Change week | -0.32% | -0.81% | -1.14% | -1.33% | -1.53% |
| % Change month | -0.90% | -2.21% | -3.06% | -3.57% | -4.08% |
| % Change year | -1.80% | -4.71% | -6.52% | -7.63% | -8.74 |
That’s all for tonight! Have a nice evening.
