Good Evening, Oil went up, but even that wasn’t enough to prevent the market from heading down after a bad manufacturing report. Of course, we dipped our toe back into the market with 25% in the C Fund. Today’s downturn was exactly the reason we are not 100%/C. Investing is a game of patience. March is one of the best months of the year for stocks. So we’ll wait and see before we pass judgment.
Today’s action left us with the following results. Our TSP allotment slipped back -.0.2025%. For comparison, the Dow dropped -0.74%, the Nasdaq -0.71%, and the S&P 500 -0.81%. The markets were mixed late in the afternoon, but sold off in the last hour of trading.
Last-Minute Selloff Drags Stocks Lower for Month
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested at 75/G, 25/C. Our allocation is now +0.13% on the year. Here are the latest posted results:
02/29/16 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 14.9659 | 17.3246 | 26.1642 | 32.3234 | 22.1002 |
$ Change | 0.0023 | 0.0252 | -0.2115 | -0.1104 | 0.0014 |
% Change day | +0.02% | +0.15% | -0.80% | -0.34% | +0.01% |
% Change week | +0.02% | +0.15% | -0.80% | -0.34% | +0.01% |
% Change month | +0.15% | +0.68% | -0.12% | +0.50% | -2.82% |
% Change year | +0.34% | +2.18% | -5.07% | -8.26% | -8.28% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 17.6135 | 22.5614 | 24.0683 | 25.3217 | 14.2059 |
$ Change | -0.0139 | -0.0488 | -0.0725 | -0.0887 | -0.0568 |
% Change day | -0.08% | -0.22% | -0.30% | -0.35% | -0.40% |
% Change week | -0.08% | -0.22% | -0.30% | -0.35% | -0.40% |
% Change month | +0.01% | -0.24% | -0.41% | -0.51% | -0.63% |
% Change year | -0.90% | -2.79% | -3.97% | -4.70% | -5.46% |
Nothing to add here. We’ll watch our charts and hopefully be able to look for some opportunities to put some more cash to work. Keep praying and God will guide our hand. Have a nice evening!
