Good Evening, Stocks limped out of the final day of then month with a negative bias. The Nasdaq which has a large percentage of tech closed out the month with it’s first monthly loss of the year. The momentum stocks that led for so many months have now given up that role. Money seems to be moving into financials and energy. So right now I’d have to say it’s more of a sector rotation than it is correction. However, the action definitely has a negative bias to it. As always we need to be vigilant. There is no doubt that this bull market is long in the tooth and there are a lot of naysayers out there calling for it’s end. While I think correction will come and that we could even be close to one now, I’ll take the time to point out that they have been calling for a bear market for about seven years now and still haven’t been right. It’s pointless to try to call the bottom or top of a market. I would even go as far as to say it’s foolish to trade on that type of information. In this case I’ll do what I always do which is to read the charts and react to the signals they give me. Had I listened to the bottom callers, I would have been in cash for several years now and made nothing. While we do need to have a healthy respect for the market monster, we do not have to live in fear. Two things will happen #1 Someday the market will go down 20% or more. It always has and it always will. #2 You will lose some cash when it happens. Nevertheless, if you been in the market and not sitting on the sideline most or all of the time, you will have the money to absorb the loss and you will still have more money than you had when the up trend started.
The days trading left us with the following results: Our TSP allotment managed a small gain of +0.06%. I praise God for that. For comparison, the Dow added +0.29%, the Nasdaq dropped -0.06%, and the S&P 500 gained +0.15%.
Wall Street ends bumpy week, strong 1st half with modest gain
The weeks action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/I. Our allocation is now +9.78% on the year not including the days results. Here are the latest posted results:
| 06/29/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.3629 | 17.9081 | 33.7044 | 43.9829 | 28.2574 |
| $ Change | 0.0009 | -0.0343 | -0.2910 | -0.3270 | -0.0752 |
| % Change day | +0.01% | -0.19% | -0.86% | -0.74% | -0.27% |
| % Change week | +0.04% | -0.43% | -0.74% | -0.15% | +0.41% |
| % Change month | +0.18% | +0.06% | +0.46% | +2.21% | +0.48% |
| % Change year | +1.16% | +2.64% | +9.17% | +7.29% | +14.86% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 18.9792 | 25.7004 | 28.7358 | 30.9932 | 17.7985 |
| $ Change | -0.0267 | -0.0699 | -0.1222 | -0.1542 | -0.0999 |
| % Change day | -0.14% | -0.27% | -0.42% | -0.50% | -0.56% |
| % Change week | -0.06% | -0.13% | -0.20% | -0.24% | -0.26% |
| % Change month | +0.28% | +0.39% | +0.53% | +0.60% | +0.67% |
| % Change year | +3.09% | +5.00% | +7.08% | +8.10% | +9.02% |
