Good Evening, Better late than never! I’m still reeling from three days on the road but I finally found time to sit down and produce a blog. Today was another typical summer trading day. By that I mean mostly flat with low volume. However, the past six trading days have all been positive. It is another in a long series of V shaped recoveries. So here we are again at resistance. Will the major indexes break through and move higher? More than likely they will move sideways on low volume. A lot like today. Speaking of low volume, did you know that today was the lowest volume trading day of the year? Typical……
The days trading left us with the following results: Our TSP allotment fell back -0.29%. For comparison, the Dow slipped -0.01%, the Nasdaq gained +0.08%, and the S&P 500 was barely in the green at -0.03%. All the major indexes finished in the green for the week.
Wall St. drifts before long weekend; consumer stocks up
The weeks action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Buy. We are currently invested at 100/I. Our allocation is now +8.93% on the year. Here are the latest posted results:
| 05/26/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.3307 | 17.8435 | 33.5942 | 43.2489 | 28.0385 |
| $ Change | 0.0010 | 0.0022 | 0.0147 | -0.0196 | -0.1001 |
| % Change day | +0.01% | +0.01% | +0.04% | -0.05% | -0.36% |
| % Change week | +0.04% | +0.03% | +1.47% | +1.19% | +0.23% |
| % Change month | +0.16% | +0.51% | +1.54% | -0.26% | +3.46% |
| % Change year | +0.95% | +2.27% | +8.82% | +5.50% | +13.97% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.9205 | 25.5976 | 28.5891 | 30.8167 | 17.6873 |
| $ Change | -0.0024 | -0.0080 | -0.0152 | -0.0199 | -0.0133 |
| % Change day | -0.01% | -0.03% | -0.05% | -0.06% | -0.08% |
| % Change week | +0.24% | +0.44% | +0.67% | +0.78% | +0.88% |
| % Change month | +0.52% | +0.85% | +1.23% | +1.40% | +1.55% |
| % Change year | +2.77% | +4.58% | +6.53% | +7.48% | +8.34% |
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:
More Russian news relating to the Trump campaign was released late this afternoon. We’d better keep an eye on the charts when the market opens back up on Tuesday to make sure that this doesn’t conjure up more negative feelings among the market players. That’s all for tonight. Enjoy the long weekend and remember that the market will be closed on Monday in observance of Memorial day. May God grant peace to all those who served so bravely to protect this great nation. Have a nice weekend.
