Good Evening, The major indices closed out the week with more records! Todays action proves once again that investors are paying very little attention to the news or rather that they are focusing more on price. I’m sure that sooner or later there will be some news that will truly move the market. However, at the current time its all about buying the dips because that’s what keeps working. Today’s jobs report was a little disappointing. I’ll let you read the details in the news link below. But I have one thought on the smaller number of jobs created. I’m sure someone somewhere already wrote this, but my theory on the main reason that the market overlooked the worse than expected jobs report is this. If the FED says that we’re nearing full employment then how can we keep creating more jobs. It’s my understanding that many employers are already having a difficult time filling the jobs that they have. Especially as more baby boomers retire. It’s only natural that the jobs numbers will decrease as we get closer to 100% employment!
The days trading left us with the following results: Our TSP allotment had another nice gain of +1.10%. For comparison, the Dow added +0.29%, the Nasdaq +0.94%, and the S&P 500 +0.37%. Is there any doubt that God is blessing our group? Give Him all the praise!
U.S. job growth slows; unemployment rate drops to 4.3 percent
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 +10.80% on the year. Here are the latest posted results:
| 06/02/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.3373 | 17.9321 | 33.9325 | 43.9355 | 28.5205 |
| $ Change | 0.0009 | 0.0503 | 0.1257 | 0.1937 | 0.3243 |
| % Change day | +0.01% | +0.28% | +0.37% | +0.44% | +1.15% |
| % Change week | +0.04% | +0.50% | +1.01% | +1.59% | +1.72% |
| % Change month | +0.01% | +0.20% | +1.14% | +2.10% | +1.42% |
| % Change year | +0.99% | +2.77% | +9.91% | +7.17% | +15.93% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.9816 | 25.7437 | 28.8357 | 31.1263 | 17.8873 |
| $ Change | 0.0275 | 0.0680 | 0.1161 | 0.1459 | 0.0941 |
| % Change day | +0.15% | +0.26% | +0.40% | +0.47% | +0.53% |
| % Change week | +0.32% | +0.57% | +0.86% | +1.00% | +1.13% |
| % Change month | +0.29% | +0.56% | +0.87% | +1.03% | +1.17% |
| % Change year | +3.10% | +5.17% | +7.45% | +8.56% | +9.57% |
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: The I Fund returned to an overall buy signal when the PMO crossed it’s signal line to move into a positive configuration.
F Fund:
Our allocation continues to perform at a high level. We are so blessed. That’s all for this week. I’m on the road this coming week so I’ll do my best to post when I can. Have a great weekend and may God continue to bless your trades!
