Good Evening, Well the market had many dynamics today. So where do I start? I guess I will start where the rally did. With the Fed. Several Fed members spoke today and they had a unified message and that message was dovish. Basically they predicted steady economic growth with tame inflation. The market started to move up and bond yields started to fall which the market liked even more. Shortly after noon the machines buy programs started to kick in. You see they move enough money to greatly effect the market and often are able to manipulate it to their advantage. In this case they were able to create a bear trap that reversed a four day trend of selling into the close. You see the bears were counting on interest rate concerns to continue to apply downward pressure to the market. You’d think that they would be a little more cautious after recent years in which they were squeezed virtually every time the market dipped. Nevertheless, they where caught out of position once again and spent the afternoon trying to keep from being left behind. This market will go down only when the machines are in agreement that it should. I was glad to see the strong close today. Weak markets usually have weak closes and strong markets have strong closes. Lets hope that this strong close starts a new trend.
The days rally left us with the following results: Our TSP allotment gained +1.60%. For comparison, the Dow was up +1.39%, the Nasdaq +1.77%, and the S&P 500 +1.60%. Praise God for another good day!
The weeks action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Sell. We are currently invested at 100/C. Our allocation is now +0.41% on the year not including the days results. Here are the latest posted results:
| 02/22/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.5973 | 17.6909 | 38.1403 | 48.5101 | 31.0191 |
| $ Change | 0.0011 | 0.0179 | 0.0416 | -0.0926 | 0.1666 |
| % Change day | +0.01% | +0.10% | +0.11% | -0.19% | +0.54% |
| % Change week | +0.04% | -0.23% | -1.02% | -1.03% | -0.80% |
| % Change month | +0.16% | -1.22% | -4.08% | -3.15% | -4.26% |
| % Change year | +0.37% | -2.34% | +1.41% | +0.09% | +0.53% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.622 | 27.0157 | 30.9228 | 33.6951 | 19.5324 |
| $ Change | 0.0100 | 0.0212 | 0.0389 | 0.0487 | 0.0312 |
| % Change day | +0.05% | +0.08% | +0.13% | +0.14% | +0.16% |
| % Change week | -0.17% | -0.32% | -0.59% | -0.70% | -0.80% |
| % Change month | -0.73% | -1.35% | -2.44% | -2.91% | -3.31% |
| % Change year | +0.37% | +0.47% | +0.61% | +0.65% | +0.70% |
