Good Evening, The financial sector led the market higher as investors decided to overlook the trade war with China. At lease until another negative headline is released. For that reason I’d describe this as a fragile advance. Investors piled into banks ahead of the beginning of earnings season which kicks off on Friday with several big banks reporting. Earnings season is again expected to be good which will give the market a boost. One word of caution though, there is a lot of talk that the forward guidance issued may not be as good as it has been in recent quarters. If this were to be the case it would definitely pull the market down. Right now we’re heading up but we’re walking on egg shells while we do it……
The days trading left us with the following results. Our TSP allotment posted at gain of +0.79%. For comparison, the Dow was up +1.31%, the Nasdaq +0.88%, and the S&P 500 +0.88%. Praise God for another good day!
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Buy. We are currently invested at 100/S. Our allocation is now +7.88% on the year not including the days results. Here are the latest posted results:
07/06/18 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.7608 | 17.8765 | 39.2008 | 52.7248 | 30.2747 |
$ Change | 0.0013 | 0.0205 | 0.3325 | 0.4894 | 0.2340 |
% Change day | +0.01% | +0.11% | +0.86% | +0.94% | +0.78% |
% Change week | +0.05% | +0.24% | +1.56% | +2.47% | +0.57% |
% Change month | +0.05% | +0.24% | +1.56% | +2.47% | +0.57% |
% Change year | +1.42% | -1.32% | +4.23% | +8.79% | -1.88% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.8735 | 27.3821 | 31.458 | 34.3304 | 19.9286 |
$ Change | 0.0362 | 0.0775 | 0.1637 | 0.2116 | 0.1393 |
% Change day | +0.18% | +0.28% | +0.52% | +0.62% | +0.70% |
% Change week | +0.33% | +0.49% | +0.88% | +1.04% | +1.18% |
% Change month | +0.33% | +0.49% | +0.88% | +1.04% | +1.18% |
% Change year | +1.65% | +1.83% | +2.35% | +2.54% | +2.74% |
S Fund: The S Fund generated an overall Buy signal today when the MACD moved into a positive configuration.
