Good Evening, The market was flat all day closing mostly unchanged. Things are pretty much on hold until after the Fed meets on Wednesday. However, the Oil minister in Iran made a statement today that his country would not be cutting production which put a downward spin on things.
The days trading left us with the following results: Our TSP allotment slipped back -0.078%. For comparison, the Dow was up +0.09%, the Nasdaq +0.04% and the S&P 500 fell back -0.13%
Stocks in ‘Pause Mode’ Ahead of Fed’s March Meeting
The day’s action let us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 40/G, 60/C. Our allocation is now +1.73% on the year not including the days results. Here are the latest posted results.
03/11/16 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 14.9738 | 17.2481 | 27.4127 | 34.0967 | 23.3699 |
$ Change | 0.0007 | -0.0166 | 0.4495 | 0.7344 | 0.4660 |
% Change day | +0.00% | -0.10% | +1.67% | +2.20% | +2.03% |
% Change week | +0.03% | -0.09% | +1.19% | +0.66% | +1.05% |
% Change month | +0.05% | -0.44% | +4.77% | +5.49% | +5.75% |
% Change year | +0.39% | +1.73% | -0.54% | -3.23% | -3.01% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 17.7955 | 23.1058 | 24.8627 | 26.2928 | 14.8264 |
$ Change | 0.0652 | 0.1990 | 0.2926 | 0.3593 | 0.2303 |
% Change day | +0.37% | +0.87% | +1.19% | +1.39% | +1.58% |
% Change week | +0.24% | +0.52% | +0.69% | +0.79% | +0.89% |
% Change month | +1.03% | +2.41% | +3.30% | +3.84% | +4.37% |
% Change year | +0.12% | -0.44% | -0.80% | -1.05% | -1.33% |
We’ll probably get more of the same tomorrow. It’s anybody’s guess where it will go after Wednesday. It says here that it will depend on what’s in the Fed statement concerning future rate hikes. It’s pretty much a consensus among investors that they wont raise rates this time. Our task now is to monitor the charts for the next good entry point for some more of our cash. That could come as early as tomorrow if the market stays reasonably steady. That’s all for today. Have a nice evening and we’ll do it again tomorrow.
