Good Evening, Not to beat a dead horse to death but the market remains on hold ahead tomorrows interest rate announcement by the FED. Given the current improving economic conditions a rate increase is all but guaranteed. I believe that the aforementioned increase is already baked into to market prices and that short of a surprise tomorrow the market will move on. If anything, it may get a little bump from the FED announcement as any uncertainty will be behind us. Remember, the market hates uncertainly and almost always gives it a negative reaction. The longer the uncertainly goes on the bigger the reaction gets. Can you remember the market anticipating the first rate increase since 2009? No matter how clear Janet Yellen attempted to make it, the more time that passed without an increase the more volatile the market became. So when the increase was finally made the market rallied in relief.
The days trading left us with the following results: Our TSP allotment gave up -0.39%. For comparison, the Dow lost -0.21%, the Nasdaq -0.32%, and the S&P 500 -0.34%.
Energy drags on Wall St. as oil falls further; airlines slide
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested with 100% in the S Fund. Our allocation is now +3.71% not including the day’s results. Here are the latest posted results:
03/13/17 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.2583 | 17.3775 | 32.8788 | 42.5154 | 25.9907 |
$ Change | 0.0030 | -0.0236 | 0.0232 | 0.1378 | 0.1220 |
% Change day | +0.02% | -0.14% | +0.07% | +0.33% | +0.47% |
% Change week | +0.02% | -0.14% | +0.07% | +0.33% | +0.47% |
% Change month | +0.09% | -1.33% | +0.52% | -0.91% | +1.22% |
% Change year | +0.47% | -0.41% | +6.50% | +3.71% | +5.65% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.6824 | 25.1137 | 27.8405 | 29.9051 | 17.1145 |
$ Change | 0.0097 | 0.0242 | 0.0398 | 0.0501 | 0.0330 |
% Change day | +0.05% | +0.10% | +0.14% | +0.17% | +0.19% |
% Change week | +0.05% | +0.10% | +0.14% | +0.17% | +0.19% |
% Change month | +0.09% | +0.18% | +0.26% | +0.30% | +0.35% |
% Change year | +1.48% | +2.60% | +3.74% | +4.30% | +4.83% |
