Good Evening, So far so good for 2017. Today was the best day so far of the year for the market. The simple idea behind today’s rally was that investors like President Trumps speech last night or at least that it sounded presidential. However, when one looks under the surface there are actually some improved earnings behind the run. At least for now, things are looking up. Case in point, the Fed clearly has another rate hike on the table for March. While some would argue that rate hikes in are bad, in general most investors realize that the Fed would not increase rates unless they believed that the economy was truly getting stronger. The higher rates also help financial stocks and no major stock market rally has ever taken place without them. Finally as far as rates are concerned, they are still low enough not to damage consumers just yet so big ticket items like cars and houses will still sell. All that said, there is more to this rally than just anticipation that Trump policies will improve the business climate in the US. So how far will stocks rise??? That’s anyone’s guess and if they say they know they are being less than truthful. All we can do at this point is what we always do. Shut out all the media noise and wait until our charts tell us to get out. The bottom line is that right now, they are trending higher….
The days rally left us with the following results: Our TSP allotment gained a whopping +1.47%. For comparison, the Dow added +1.46%, the Nasdaq +1.37%, and the S&P 500 +1.37%. Praise God for such a good day!
Stocks Rocket Higher in Best Day of the Year, New Records All Around
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are still invested at 100/S. Our allocation is now +4.66% on the year not including the days gains. Here are the latest posted returns:
| 02/28/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.2453 | 17.6125 | 32.7087 | 42.9054 | 25.6781 |
| $ Change | 0.0010 | 0.0097 | -0.0833 | -0.4927 | 0.0522 |
| % Change day | +0.01% | +0.06% | -0.25% | -1.14% | +0.20% |
| % Change week | +0.03% | -0.19% | -0.14% | -0.39% | +0.16% |
| % Change month | +0.18% | +0.71% | +3.97% | +2.45% | +1.44% |
| % Change year | +0.38% | +0.94% | +5.95% | +4.66% | +4.37% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.6659 | 25.0694 | 27.7675 | 29.816 | 17.0551 |
| $ Change | -0.0075 | -0.0237 | -0.0431 | -0.0565 | -0.0382 |
| % Change day | -0.04% | -0.09% | -0.15% | -0.19% | -0.22% |
| % Change week | -0.01% | -0.03% | -0.06% | -0.07% | -0.08% |
| % Change month | +0.77% | +1.36% | +1.96% | +2.25% | +2.51% |
| % Change year | +1.39% | +2.42% | +3.47% | +3.99% | +4.47% |
