Good Evening, It was all about tariffs again today. The market hovered just above and below the break even line most of the day as it waited on President Trumps announcement on tariffs. The President signed an executive order putting tariffs on steel and aluminum imports but exempting Mexico and Canada. Trump sets steel and aluminum tariffs; Mexico, Canada exempted The softening of the tariff was what the market was looking for so it moved up into the close following the late afternoon announcement. I fully expect that we’ll see some follow through tomorrow. Another thing to keep an eye on with regard to thrift will be the C Fund vs the S Fund. The C Fund is made up of big companies many of which do business internationally. In contrast the S Fund is made up of a large percentage of small companies that do business domestically.Thus, small companies are seen to be immune to the effects of tariffs whereas the large companies are not. The S Fund has benefited from this point of view for the past few trading sessions. It will be interesting to see if it continues to do so with the softening of the sanctions or it it will continue to outperform the C Fund based on the premise that this protectionism will lead to further sanctions. It seems that the initial reaction is in favor of the C Fund which is good for us. This is something we’ll have to keep an eye on as it could warrant a move from the C Fund where we are currently invested to the S Fund. As usual the charts will tell the story…….
The days trading left us with the following results: Our TSP allotment gained +0.45%. For comparison, the Dow added +0.38%, the Nasdaq +0.42%, and the S&P 500 +0.45%. Praise God for another good day!
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/C. Our allocation is now +1.33% on the year not including the days results. Here are the latest posted results:
| 03/07/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.6128 | 17.7153 | 38.4912 | 49.81 | 30.6075 |
| $ Change | 0.0012 | -0.0102 | -0.0160 | 0.2656 | -0.0333 |
| % Change day | +0.01% | -0.06% | -0.04% | +0.54% | -0.11% |
| % Change week | +0.04% | -0.10% | +1.33% | +2.48% | +1.19% |
| % Change month | +0.05% | -0.12% | +0.51% | +3.37% | -0.48% |
| % Change year | +0.47% | -2.21% | +2.34% | +2.77% | -0.80% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.6595 | 27.0854 | 31.0383 | 33.8396 | 19.6264 |
| $ Change | 0.0013 | 0.0024 | 0.0050 | 0.0074 | 0.0058 |
| % Change day | +0.01% | +0.01% | +0.02% | +0.02% | +0.03% |
| % Change week | +0.31% | +0.53% | +0.91% | +1.07% | +1.23% |
| % Change month | +0.16% | +0.25% | +0.42% | +0.50% | +0.59% |
| % Change year | +0.56% | +0.73% | +0.98% | +1.08% | +1.18% |
