Good Evening, The major indices finished the day mixed with the Dow and S&P 500 making small gains and the Nasdaq in the red. Stocks were posting solid gains until news was released that 13 Russian Nationals and 2 Russian Companies were being indicted for meddling in the most recent presidential election. The machines stopped buying and started selling immediately when the first news was released. The major indices drifted lower to finish way off their highs for the day at the closing bell. All that said, this was still the best weekly advance in five years. It couldn’t have come at a better time wiping out about half of the losses from the correction that ended last week. When everything is considered the fundamentals still look good. The action had the feel of profit taking before a long weekend. There will be no trading on Monday which is Presidents Day.
The days trading left us with the following results: Our TSP allotment managed a small gain of +0.04%. For comparison, the Dow was up +0.08%, the Nasdaq dropped -0.23%, and the S&P added +0.04%. The gains would have been a lot better had the news not interrupted the trading which is encouraging moving forward.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested at 100/C. Our allocation is now +1.39% on the year not including the days results. Here are the latest posted results.
| 02/15/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.5891 | 17.7114 | 38.514 | 48.9203 | 31.1743 |
| $ Change | 0.0011 | 0.0295 | 0.4687 | 0.5025 | 0.2405 |
| % Change day | +0.01% | +0.17% | +1.23% | +1.04% | +0.78% |
| % Change week | +0.04% | -0.33% | +4.33% | +4.37% | +3.96% |
| % Change month | +0.11% | -1.10% | -3.14% | -2.33% | -3.78% |
| % Change year | +0.31% | -2.23% | +2.40% | +0.94% | +1.03% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.6474 | 27.086 | 31.0736 | 33.8924 | 19.6633 |
| $ Change | 0.0454 | 0.1058 | 0.2067 | 0.2647 | 0.1733 |
| % Change day | +0.23% | +0.39% | +0.67% | +0.79% | +0.89% |
| % Change week | +0.85% | +1.48% | +2.57% | +3.04% | +3.47% |
| % Change month | -0.60% | -1.09% | -1.96% | -2.34% | -2.66% |
| % Change year | +0.50% | +0.73% | +1.10% | +1.24% | +1.38% |
Now lets take a look at the charts. All signals are annotated with green circles. If you click on the charts they will become larger.
C Fund:
S Fund:
I Fund:
F Fund: Bonds are showing a little life. That’s not all bad. That helps keep treasury yields in place.
I’m bullish going into the spring. No reason why we can’t continue higher now that we got this correction out of the way. Don’t forget that the market is closed on Monday. So I’ll see you on Tuesday. That’s all for tonight. Have a great weekend and may God continue to bless your trades.
