Good Evening, The stock market and bond yields dipped today trimming gains from earlier in the week. As a result major indices ended the week with only small gains. Investors were most likely registering their concern that the Trump administration is losing the political capital necessary to pass tax reform as they continue to focus on the administrations pro growth policies. The current rally has been the direct result of speculation that Trump tax reforms will be enacted soon.
Today’s trading left us with the following results: Our TSP allocation gained +0.17%. For comparison, the Dow slipped -0.10%, the Nasdaq was even at -0.00%, and the S&P 500 dropped -0.13%.
Wall St. flat as banks, Amgen weigh; Adobe rallies
The weeks action left us with the following signals: C-Neutral, S-Neutral, I-Buy, F-Sell. We are currently invested at 100/S. Our allocation is now +4.74% on the year not including the days results. Here are the latest posted results:
03/16/17 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.2612 | 17.4708 | 32.9922 | 42.9392 | 26.3704 |
$ Change | 0.0010 | -0.0100 | -0.0522 | 0.0542 | 0.1832 |
% Change day | +0.01% | -0.06% | -0.16% | +0.13% | +0.70% |
% Change week | +0.04% | +0.40% | +0.42% | +1.33% | +1.94% |
% Change month | +0.10% | -0.80% | +0.87% | +0.08% | +2.70% |
% Change year | +0.49% | +0.13% | +6.87% | +4.74% | +7.19% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.7199 | 25.2043 | 27.9878 | 30.089 | 17.2325 |
$ Change | 0.0055 | 0.0147 | 0.0250 | 0.0319 | 0.0212 |
% Change day | +0.03% | +0.06% | +0.09% | +0.11% | +0.12% |
% Change week | +0.25% | +0.46% | +0.67% | +0.78% | +0.88% |
% Change month | +0.29% | +0.54% | +0.79% | +0.92% | +1.04% |
% Change year | +1.68% | +2.97% | +4.29% | +4.95% | +5.55% |
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:
Our equity based funds all remain in an uptrend. So we’ll leave things alone for now. I subscribe to that old saying “if it ain’t broke then don’t fix it”. That said, I am keeping a close watch on the I Fund as it continues to out perform. The only reason I haven’t invested in the fund at this time is it’s SCTR which is now starting to rise. That’s all for tonight. Have a great weekend and I’ll see you on Monday!
God bless, Scott