Good Evening, The Dow set another record today while the Nasdaq and S&P 500 fell back. Again, the Dow failed to tell the story. Overall the current market just doesn’t have any energy. Only four of the 11 major S&P sectors were up. Breadth simply wasn’t good with the average stock making little or no progress or falling back. This market feels a little toppy but it has been like that for quite a while. For the most part I’d have to attribute this action to typical summer trading. That is to say it has no energy with a slightly negative bias. Don’t expect things to improve until after September. That of course is providing that we don’t hit any land mines such as a conflict with North Korea or tax reform failure in DC. As terrible as it may sound I consider the latter case just as damaging to the market as the first!
Anyway, here’s are the results for the day. Our TSP allotment gained +0.21%. For comparison, the Dow added +0.28%, the Nasdaq lost -0.42%, and the S&P 500 finished in the red at -0.07%.
The days action left us with the following signals: C-Buy, S-Neutral, I-Buy, F-Buy. We are currently invested at 100/I. Our allotment is now +11.90% on the year not including the days results. Here are the latest posted results:
07/28/17 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.3905 | 17.959 | 34.4758 | 44.6047 | 28.8016 |
$ Change | 0.0010 | 0.0245 | -0.0448 | -0.0922 | -0.0703 |
% Change day | +0.01% | +0.14% | -0.13% | -0.21% | -0.24% |
% Change week | +0.04% | -0.21% | +0.00% | -0.35% | +0.22% |
% Change month | +0.17% | +0.43% | +2.13% | +1.29% | +2.61% |
% Change year | +1.34% | +2.93% | +11.67% | +8.80% | +17.07% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.0856 | 25.9316 | 29.1215 | 31.4711 | 18.1048 |
$ Change | -0.0042 | -0.0141 | -0.0287 | -0.0375 | -0.0252 |
% Change day | -0.02% | -0.05% | -0.10% | -0.12% | -0.14% |
% Change week | +0.02% | +0.02% | +0.01% | +0.00% | +0.00% |
% Change month | +0.58% | +0.94% | +1.41% | +1.62% | +1.81% |
% Change year | +3.67% | +5.94% | +8.52% | +9.77% | +10.90% |
