Good Evening, Today the tariff issues continued and the selling continued with it. I believe that the market will get this thing figured out and continue higher, but there are not guarantees. There are a lot of things that have to unfold before we will really know what the full impact of a trade on the US. For instance, the EU and a handful of South American countries already have temporary exemptions from the Steel and Aluminum Tariffs. Will there be give and take with the new ones? How far will China go with regard to retaliation? Will they possibly stop buying American Bonds? There are many many questions yet to be answered and that creates uncertainty. And you’ve heard me say it before, the market hates uncertainty. I know I sound like a broken record but as in every case we simply need to take our ques from the charts. They will tell us what to do.
The days trading left us with the following results: Our TSP allotment give up -1.90%. Think that’s bad?? Then listen to this, the Dow dropped -1.77%, the Nasdaq -2.43%, and the S&P 500 -2.10%. It was another one of those days when there was not where to hide.
The weeks action left us with the following signals: C-Sell, S-Neutral, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now -0.12% on the year not including the days results. Here are the latest posted results:
03/22/18 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.6313 | 17.7586 | 37.3505 | 48.8135 | 30.1653 |
$ Change | 0.0013 | 0.0592 | -0.9636 | -1.1422 | -0.4388 |
% Change day | +0.01% | +0.33% | -2.52% | -2.29% | -1.43% |
% Change week | +0.05% | +0.03% | -3.92% | -2.76% | -2.32% |
% Change month | +0.17% | +0.13% | -2.47% | +1.30% | -1.92% |
% Change year | +0.58% | -1.97% | -0.69% | +0.72% | -2.24% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.5868 | 26.8852 | 30.6081 | 33.2782 | 19.2534 |
$ Change | -0.0798 | -0.1973 | -0.4016 | -0.5193 | -0.3436 |
% Change day | -0.41% | -0.73% | -1.30% | -1.54% | -1.75% |
% Change week | -0.62% | -1.12% | -1.99% | -2.35% | -2.67% |
% Change month | -0.21% | -0.49% | -0.97% | -1.17% | -1.33% |
% Change year | +0.19% | -0.02% | -0.42% | -0.60% | -0.74% |
The S Fund is beginning to feel the stress but there’s no sell signal yet. Keep watching the charts and keep praying. Selloffs are never easy! That’s all for tonight. Have a great evening and may God continue to bless your trades!
