Good Evening, The market got hit by the three T’s again today. Trump, Tariffs, and Trade. The market reacted negatively when President Trump threatened to put tariffs on an additional 500 billion dollars worth of Chinese goods. Prior to the announcement the Dow and S&P 500 had been trading in the green. All three of the major indices ended the day slightly in the red. The selling probably would have been worse if not for several good earnings reports. The number of reports pick up next week so we’ll see if that can shake things up a bit. So far, 87 companies of the S&P 500 have posted results, of which 83.9 percent have beat consensus estimates. If the trade issues can get straightened out the earnings will take us higher.
The days trading left us with the following results: Our TSP allotment fell back -0.43%. For comparison, the Dow dropped -0.03%, the Nasdaq -0.07%, and the S&P 500 -0.09%. The only TSP Fund that was in the green was the I Fund which was up +0.49%.
| 07/19/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.777 | 17.9041 | 39.8582 | 53.2388 | 30.294 |
| $ Change | 0.0013 | 0.0281 | -0.1540 | 0.1430 | -0.1045 |
| % Change day | +0.01% | +0.16% | -0.38% | +0.27% | -0.34% |
| % Change week | +0.05% | -0.03% | +0.13% | +0.65% | -0.09% |
| % Change month | +0.15% | +0.40% | +3.26% | +3.47% | +0.63% |
| % Change year | +1.52% | -1.16% | +5.98% | +9.85% | -1.82% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.9342 | 27.4981 | 31.6788 | 34.6086 | 20.1083 |
| $ Change | -0.0082 | -0.0204 | -0.0479 | -0.0619 | -0.0406 |
| % Change day | -0.04% | -0.07% | -0.15% | -0.18% | -0.20% |
| % Change week | +0.06% | +0.07% | +0.10% | +0.12% | +0.13% |
| % Change month | +0.63% | +0.91% | +1.59% | +1.86% | +2.09% |
| % Change year | +1.96% | +2.26% | +3.07% | +3.38% | +3.67% |
