Good Evening, Today the European Central Bank said it would avoid raising interest rates until mid-2019, and data showed U.S. economic strength. That was enough to reignite the passion of the buyers. However, that’s where it gets a little complicated. Investors definitely were not buying indiscriminately. They were scooping up small cap, tech and a select few momentum names. The end result was that the Russell 2000 and the Nasdaq 100 were up and the Dow Jones Industrial and S&P 500 were flat. In other words big caps other than techs where down as well as anything that might be effected in a trade war. Oh yeah, that thing is still going on under the surface to be sure. What does that mean for us???? That we’re in the right place! I thank God for His guidance once again!!
The days trading left us with the following results: Our TSP allotment posted a gain of +0.40%. For comparison, the Dow was off -0.10%, the Nasdaq was up +0.85%, and the S&P 500 added +0.25%. Another good day for small caps!
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +7.43% on the year not including the days results. Here are the latest posted results:
06/13/18 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.7322 | 17.7192 | 39.3806 | 52.5039 | 31.0023 |
$ Change | 0.0012 | -0.0185 | -0.1576 | -0.2323 | 0.0009 |
% Change day | +0.01% | -0.10% | -0.40% | -0.44% | +0.00% |
% Change week | +0.04% | -0.17% | -0.11% | +0.11% | +0.47% |
% Change month | +0.10% | -0.74% | +2.65% | +2.92% | +1.74% |
% Change year | +1.23% | -2.18% | +4.71% | +8.33% | +0.48% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.8718 | 27.4248 | 31.5926 | 34.5164 | 20.0576 |
$ Change | -0.0114 | -0.0267 | -0.0563 | -0.0733 | -0.0483 |
% Change day | -0.06% | -0.10% | -0.18% | -0.21% | -0.24% |
% Change week | +0.04% | +0.04% | +0.06% | +0.07% | +0.07% |
% Change month | +0.51% | +0.82% | +1.45% | +1.72% | +1.96% |
% Change year | +1.64% | +1.99% | +2.79% | +3.10% | +3.41% |
