Good Evening, The market made a small recovery today and finished strong as traders snapped up stocks after yesterdays sell off. The main reason for the small bounce was some renewed optimism that congress will pass legislation to repeal and replace Obamacare. This optimism was buoyed slightly by a report that said that Donald Trump was indeed wiretapped. Sometimes the issues that drive the market are clear and sometimes not. This is an instance where the market driving issue is cut and dried. If the Obamacare repeal and replace legislation is passed in the house tomorrow there will be a rally, if not there will be a sell off. Where we go beyond that is pure speculation…..
The days trading left us with the following results: Our TSP allotment gained +0.12%. For comparison the Dow slipped -0.03%, the Nasdaq was up +0.48%, and the S&P 500 added +0.19%.
Choppy day on Wall Street; all eyes on Trump and healthcare
The days action left us with the following signals: C-Neutral, S-Neutral, I-Buy, F-Neutral. We are currently invested with 100% in the S Fund. Our allocation is now +2.10% no including the days results. Here are the latest posted results:
03/21/17 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.2662 | 17.5596 | 32.4787 | 41.8559 | 26.2516 |
$ Change | 0.0010 | 0.0385 | -0.4049 | -0.9644 | -0.1618 |
% Change day | +0.01% | +0.22% | -1.23% | -2.25% | -0.61% |
% Change week | +0.03% | +0.39% | -1.43% | -2.73% | -0.59% |
% Change month | +0.14% | -0.30% | -0.70% | -2.45% | +2.23% |
% Change year | +0.52% | +0.64% | +5.20% | +2.10% | +6.71% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.6792 | 25.0752 | 27.7578 | 29.7942 | 17.0368 |
$ Change | -0.0410 | -0.1190 | -0.2068 | -0.2635 | -0.1738 |
% Change day | -0.22% | -0.47% | -0.74% | -0.88% | -1.01% |
% Change week | -0.23% | -0.52% | -0.83% | -0.99% | -1.15% |
% Change month | +0.07% | +0.02% | -0.03% | -0.07% | -0.11% |
% Change year | +1.46% | +2.44% | +3.44% | +3.92% | +4.36% |
Everything is riding on the Obama care vote tomorrow. We’ll keep an eye on the charts and see how they vote. Keep praying that God will guide their hand! Have a nice evening and I’ll see you tomorrow.
