Good Evening, Today we had a jobs report that missed the mark. The department of labor reported that only 20,000 jobs were created in February. How far off the mark was that?? Economists had expected 180,000 jobs to be created. That’s more like grinding to a halt than missing the mark. As a result of this report the market spent most of the day deeply in the red. However, stocks paired their losses late in the afternoon session as investors decided that the government shutdown had a lot to do with the poor report and that the economy couldn’t possibly be that bad. It was the fifth straight day of declines and the worst week so far in 2019 for the market. As a result of the poor action two of the indicators that I watch on the street pushed to sell signals. With that in mind I sent out an alert for an interfund transfer to 100% F Fund. The F Fund is behaving well and moving toward a buy signal which should provide us with a little time to wait this decline out. It looks like the market may move back up on Monday given that buying the took place late in the session today. Irregardless, we’ll keep a close eye on our charts and look for the next good entry point be it next week or next month. Our goal in this choppy market is to keep our accounts as near their highs as we possibly can. Remember its not what you make that’s important, it’s what you keep!
The days trading left us with the following signals: Our TSP allotment slipped -0.12%. For comparison, the Dow was off -0.09%, the Nasdaq -0.18%, and the S&P 500 -0.21%. Stocks ended the day much much better than they started it. That is the reason I expect Monday to be in the green. Either way it will be good to pause a few days and assess the situation given the slowing growth of the world economy.
The weeks action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. As of the close of business Monday we will be invested at 100/F. Our allocation is now +3.95% on the year not including the days results. Here are the latest posted results.
| 03/07/19 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 16.07 | 18.401 | 39.5806 | 50.1115 | 28.8526 |
| $ Change | 0.0012 | 0.0510 | -0.3158 | -0.3775 | -0.3941 |
| % Change day | +0.01% | +0.28% | -0.79% | -0.75% | -1.35% |
| % Change week | +0.05% | +0.62% | -1.92% | -3.43% | -1.46% |
| % Change month | +0.05% | +0.42% | -1.24% | -2.77% | -1.20% |
| % Change year | +0.49% | +1.42% | +10.09% | +13.95% | +8.01% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 20.1641 | 27.6645 | 31.4569 | 34.1576 | 19.7347 |
| $ Change | -0.0360 | -0.0733 | -0.1793 | -0.2339 | -0.1550 |
| % Change day | -0.18% | -0.26% | -0.57% | -0.68% | -0.78% |
| % Change week | -0.33% | -0.51% | -1.13% | -1.37% | -1.59% |
| % Change month | -0.23% | -0.36% | -0.82% | -1.00% | -1.17% |
| % Change year | +2.41% | +3.25% | +6.14% | +7.27% | +8.26% |
