Good Evening, The tech sector rebounded today as we though it probably would. Sooner or later the bears will be correct, but today they got squeezed yet again. While this could still be an oversold or dead cat bounce, it just doesn’t have that kind of feel. The pattern for some time now has been for the market or a sector of the market to sell off hard for two or three sessions and then undergo a V shaped recovery. Until that pattern is broken it is still in play. That’s the reason that we have to raise our level of awareness each time the selling begins in case the long awaited bear market falls upon us by surprise. If we have been disciplined in our trading up to that point we should have built up enough of a cushion to get out without getting hurt too bad when our charts start generating those sell signals. Sometimes it’s hard to watch a little of that hard earned profit slip out the door before we slam it shut but that is much better than losing it all and we must be reminded that we made it by being disciplined and not selling too early in the first place. It is much better to make some money and lose a little of it than to never have made it at all. I once had a friend who played the lottery which I do not. He would invariably get after me for not playing. I would tell him I didn’t gamble and he would tell me that the stock market was indeed gambling. Well I guess it is if you don’t use technical analysis. Anyway, getting back to the subject, He always told me that “you have to be in it to win it”. That statement is true to the core if you apply it to the market. You have to be invested to make a profit or win and that means that occasionally you will lose. All that said if you manage things right and stay in the market as long as you can you will make a profit. Another analogy that applies to a broad array of things and especially to the case of giving up some profits when the market plunges is “no pain no gain”. If you want to be totally pain free then invest in the G Fund all the time. Its been making around 2% a year for the past few years. That’s better than losing but it’s not better than winning and you have to be “in it to win it”.
Todays trading left us with the following results: Our TSP allotment gained +0.77%. For comparison, the Dow was up +0.44%, the Nasdaq +0.73% and the S&P 500 +0.45%. Thank God for a good day!
Tech recovery sends Wall St. to records with Fed next
The day’s action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/I. Our allotment is now +9.15% on the year not including the days results. Here are the latest posted results:
| 06/12/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.3468 | 17.8934 | 33.8096 | 43.9619 | 28.0935 |
| $ Change | 0.0029 | -0.0115 | -0.0307 | -0.0325 | -0.0948 |
| % Change day | +0.02% | -0.06% | -0.09% | -0.07% | -0.34% |
| % Change week | +0.02% | -0.06% | -0.09% | -0.07% | -0.34% |
| % Change month | +0.07% | -0.02% | +0.78% | +2.16% | -0.10% |
| % Change year | +1.05% | +2.55% | +9.51% | +7.23% | +14.19% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.9633 | 25.6835 | 28.7226 | 30.9815 | 17.7929 |
| $ Change | -0.0042 | -0.0149 | -0.0285 | -0.0367 | -0.0241 |
| % Change day | -0.02% | -0.06% | -0.10% | -0.12% | -0.14% |
| % Change week | -0.02% | -0.06% | -0.10% | -0.12% | -0.14% |
| % Change month | +0.20% | +0.32% | +0.48% | +0.56% | +0.64% |
| % Change year | +3.00% | +4.93% | +7.03% | +8.06% | +8.99% |
The Feds up tomorrow. The market loves to love the Fed. We will see. If you missed it, I talked about the Fed meeting and subsequent interest rate decision in yesterdays blog. That’s all for tonight. Keep praying for our group. That is the reason that we have been blessed over the years. Have a great evening and may God continue to bless your trades!
God bless, Scott 
