Good Evening, Techs took the market down early and it never really recovered finishing the day mixed. It seems that investors were disappointed with Alphabet (the parent company of Google), Microsoft and Starbucks. All three companies made money, but were priced for perfection which investors decided that they didn’t get. Tech in particular was punished for this transgression…..
The days wild ride left us with the following results: Our TSP allotment finished flat at 0.00%. For comparison the Dow was up slightly at +0.12%, the Nasdaq lost -0.80% which is no surprise, and the S&P 500 finished flat at 0.00%.
Wall Street ends flat; Alphabet and Microsoft tumble
The weeks action left us with the following signals: C-Buy, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/C. Our allocation is now +4.85% on the year not including the days results. Here the latest posted results:
04/21/16 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.0029 | 17.4925 | 28.4003 | 35.6896 | 24.543 |
$ Change | 0.0007 | -0.0062 | -0.1477 | -0.1864 | 0.0276 |
% Change day | +0.00% | -0.04% | -0.52% | -0.52% | +0.11% |
% Change week | +0.03% | -0.37% | +0.53% | +0.40% | +2.09% |
% Change month | +0.10% | +0.04% | +1.64% | +2.01% | +4.19% |
% Change year | +0.59% | +3.17% | +3.04% | +1.29% | +1.86% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 17.9849 | 23.5911 | 25.5655 | 27.1464 | 15.3651 |
$ Change | -0.0116 | -0.0353 | -0.0539 | -0.0667 | -0.0428 |
% Change day | -0.06% | -0.15% | -0.21% | -0.25% | -0.28% |
% Change week | +0.19% | +0.44% | +0.61% | +0.71% | +0.81% |
% Change month | +0.57% | +1.17% | +1.61% | +1.86% | +2.10% |
% Change year | +1.19% | +1.65% | +2.00% | +2.16% | +2.25% |
Just a quick update on the week. We’ll keep watching the S Fund. If it continues to perform at the level that it performed this week we may consider allocated some funds there. Have a nice weekend!
