Good Evening, The market was boosted today by financials that moved higher after bond yields increased. For those of you new to the game, financials usually rise with bond yields in anticipation of higher interest rates. Higher interest rate environments benefit banks. Bond Yields and Bond prices move in opposite directions so if your invested in bonds (i.e. the F Fund) you might consider moving your money elsewhere. A good earnings report from Alphabet the parent company of Google also provided some tailwinds for the market today. Hopefully, more good earnings will follow as we anticipated and continue to put a bid under the market.
The days trading left us with the following results: Our TSP allotment was flat at -0.01%. For comparison, the Dow gave up -0.06%, the Nasdaq added +0.28%, and the S&P 500 gained +0.18%.
The day action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Sell. We are currently invested at 100/S. Our allocation is now +8.54% on the year. Here are the latest posted results.
07/23/18 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.782 | 17.7997 | 39.8955 | 53.0466 | 30.4451 |
$ Change | 0.0038 | -0.0612 | 0.0736 | -0.0078 | -0.0675 |
% Change day | +0.02% | -0.34% | +0.18% | -0.01% | -0.22% |
% Change week | +0.02% | -0.34% | +0.18% | -0.01% | -0.22% |
% Change month | +0.18% | -0.19% | +3.36% | +3.09% | +1.13% |
% Change year | +1.55% | -1.74% | +6.08% | +9.45% | -1.33% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.9379 | 27.5063 | 31.6971 | 34.6314 | 20.1236 |
$ Change | 0.0008 | 0.0010 | 0.0011 | 0.0007 | 0.0006 |
% Change day | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% |
% Change week | +0.00% | +0.00% | +0.00% | +0.00% | +0.00% |
% Change month | +0.65% | +0.94% | +1.65% | +1.93% | +2.17% |
% Change year | +1.98% | +2.29% | +3.13% | +3.44% | +3.75% |
Just another typical day of summer trading…. That’s all tonight. Have a great evening and may God continue to bless your trades!
