Good Evening, The market went down today. According to the noise/news it was due to the Trump wiretap accusations and Geo political tensions in Asia (North Korea fired another missile). Is it me or does this seem like the same old news about some new Trump tweet. North Korea? Didn’t they just fire a missile last week or was it last month. They do it so often that it’s hard to tell. I guess we should take them seriously. After all even a blind squirrel gets a nut every now and then. But seriously folks. What has changed? Could the market actually be topping. Well, I guess that answer is always yes. You know, if the talking heads say yes often enough they will eventually be right…… Anyway, the market pattern up to this point has been that the market drops, then the experts start screaming that a top is forming, next nervous investors sell, and finally the bears sell. Then the market reverses leaving the investors that took defensive action frustrated and the bears in a hurry to buy back the shares the sold to cover their shorts. Oh yeah, up to now it has sucked them in every time. All that said, the market trend is still up. Sure there has been some selling, but there hasn’t been any serious technical damage yet. So far this could still be no more than healthy consolidation. The bottom line is always the same. Our charts will tell us when it is time to sell. Don’t let the noise, err, that is to say news cause you to make any regrettable decisions!
Todays trading left us with the following results: Our TSP allotment fell back -0.59%. For comparison, the Dow lost -0.24%, the Nasdaq -0.37%, and the S&P 500 -0.33%.
Wall Street slips on wiretap accusation, geopolitical worries
The days action left us with the following signals: C-Buy, S-Neutral, I-Neutral, F-Sell. We are currently invested with 100% in the S Fund. Our allocation is now +5.14% on the year not including the day’s results. Here are the latest posted results:
| 03/03/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.2483 | 17.4969 | 32.9875 | 43.1027 | 25.7591 |
| $ Change | 0.0010 | 0.0058 | 0.0172 | 0.0309 | -0.0174 |
| % Change day | +0.01% | +0.03% | +0.05% | +0.07% | -0.07% |
| % Change week | +0.05% | -0.84% | +0.71% | +0.07% | +0.47% |
| % Change month | +0.02% | -0.66% | +0.85% | +0.46% | +0.32% |
| % Change year | +0.40% | +0.28% | +6.85% | +5.14% | +4.70% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.6848 | 25.1268 | 27.8675 | 29.9422 | 17.1387 |
| $ Change | 0.0020 | 0.0034 | 0.0045 | 0.0053 | 0.0032 |
| % Change day | +0.01% | +0.01% | +0.02% | +0.02% | +0.02% |
| % Change week | +0.09% | +0.20% | +0.30% | +0.35% | +0.41% |
| % Change month | +0.10% | +0.23% | +0.36% | +0.42% | +0.49% |
| % Change year | +1.49% | +2.65% | +3.85% | +4.43% | +4.98% |
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:
This may grow old but I will say it again for the benefit of those new folks among our group. The Trend is still up! The Trend is your Friend. So stick with the Trend until the End!!!! That’s all for tonight. Have a great evening and may God continue to bless your trades!
