Good Evening, “When you have only so much stimulus at your disposal, it pays to act quickly to lower rates at the first sign of economic distress,” New York Federal Reserve President John Williams in a speech at a research conference in New York. The market was having another flatish day until Mr. Williams made the above statement. Investors decided chances of a rate decrease increased so they bid stocks back above even in the afternoon session. There’s no use in making things more complicated than they are. That’s what’s driving the market at this time. Although, I will add that it was reported today that the Chinese trade negotiations are having difficulty due to restrictions still in place on certain Chinese Tech companies that have been declared as security risks by the US. Those negotiations do pose some headwind for the market at this time…..
The days trading left us with the following results: Our TSP allotment posted a gain of +0,36%. For comparison, the Dow was flat at +0.01%, the Nasdaq added +0.27%, and the S&P 500 was up +0.36%. Praise God for a day in the green.
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/C. Our allocation is now +11.58 % not including the days results. Here are the latest posted results:
| 07/17/19 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 16.2132 | 19.2354 | 43.2693 | 52.9032 | 30.4942 |
| $ Change | 0.0009 | 0.0604 | -0.2841 | -0.2501 | -0.0564 |
| % Change day | +0.01% | +0.32% | -0.65% | -0.47% | -0.18% |
| % Change week | +0.03% | +0.28% | -0.97% | -0.90% | -0.20% |
| % Change month | +0.10% | -0.09% | +1.54% | +0.68% | -0.23% |
| % Change year | +1.38% | +6.02% | +20.35% | +20.30% | +14.15% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 20.6651 | 28.5038 | 33.0744 | 36.1782 | 21.0264 |
| $ Change | -0.0154 | -0.0289 | -0.0842 | -0.1109 | -0.0741 |
| % Change day | -0.07% | -0.10% | -0.25% | -0.31% | -0.35% |
| % Change week | -0.11% | -0.15% | -0.39% | -0.47% | -0.54% |
| % Change month | +0.24% | +0.29% | +0.51% | +0.58% | +0.65% |
| % Change year | +4.95% | +6.38% | +11.60% | +13.62% | +15.34% |
C Fund:
S Fund:
I Fund:
F Fund:
We knew the market would be choppy going into our current trade. The next market moving event will likely be the Fed rate decision on July 31st. If it goes our way and the Fed drops the rates we should make some money. That’s all for tonight. Have a nice evening and may God continue to bless your trades!
