Good Evening, The market started off slow this morning and then the dip buyers and computer programs stepped in and drove things up. However, the bulls were unable to keep up the pressure and ran out of stream in the afternoon. When all was said and done the major indices finished slightly in the red. A couple bright spots were that the S Fund and I Fund were working good. Add that to the fact that several individual stocks were acting well and the result is that we made money in thrift and I made money on the street. It doesn’t get much better than that on a down day. Give God all the praise as He continues to guide our hand!
The days trading left us with the following results: Our TSP allotment gained +0.20%. For comparison, the Dow lost -0.32%, the Nasdaq -0.01%. and the S&P 500 -0.23%.
Wall Street ends lower as weak oil weighs
The weeks action left us with the following results: C -Buy, S-Sell, I-Neutral, F-Neutral. We are currently invested at 33/C, 33/S, 34/I. Our allocation is now +0.09% for the year not including today’s gains. Here are the latest posted results:
| 07/30/15 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.7839 | 16.8867 | 28.151 | 37.9359 | 26.042 |
| $ Change | 0.0009 | 0.0105 | 0.0032 | 0.1048 | -0.0390 |
| % Change day | +0.01% | +0.06% | +0.01% | +0.28% | -0.15% |
| % Change week | +0.04% | +0.05% | +1.42% | +1.07% | -0.09% |
| % Change month | +0.19% | +0.45% | +2.33% | -0.43% | +0.95% |
| % Change year | +1.15% | +0.51% | +3.63% | +4.52% | +7.53% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 17.78 | 23.617 | 25.7223 | 27.4469 | 15.6265 |
| $ Change | 0.0019 | 0.0022 | 0.0037 | 0.0061 | 0.0033 |
| % Change day | +0.01% | +0.01% | +0.01% | +0.02% | +0.02% |
| % Change week | +0.23% | +0.48% | +0.61% | +0.70% | +0.77% |
| % Change month | +0.49% | +0.87% | +1.03% | +1.11% | +1.21% |
| % Change year | +1.89% | +3.14% | +3.69% | +4.05% | +4.47% |
Here are today’s charts: (All signals annotated with Green Circles)
C Fund: This fund didn’t make a gain, but it held it’s ground and that was good enough to maintain it’s buy signal.
S Fund: Price regained it’s 100 EMA today with another small gain. This fund is still a sell signal, but it is definitely improving!
I Fund: Price closed back above it’s 20 EMA today. This fund can generate a buy signal if price can hold this ground! The I Fund is getting stronger.
F Fund: Price made another nice gain today continuing up the newly established ascending channel. Bonds are definitely responding to the fact that expectations for an interest rate hike have diminished. The F Fund continues to strengthen. How far can it go? That really depends on what the FED does next month and while a lot of folks think they won’t raise rates it’s really a day to day thing. I’m sure all the speculation will make for a bumpy ride, but in the end, the charts won’t lie!
That’s all for July. Wow, it sure went by fast. Monday is a new month and falls in the seasonal period that traders refer to as the dog days of summer. This is due to the fact that many investors schedule vacation during this time and things are generally very slow. As usual I’ll pray and watch my charts. Those of us who have traded for a long time were discussing the dark side of the market today. We were talking about the fact that no matter how dark the market has seemed in the past, that God has always seen us through to a successful outcome. I don’t know if interest rates will increase or if the bottom will drop out of the market this fall as many predict that it will. All I know is that when it is all said and done, that God will help us find a way to survive. He always has and He always will. Give Him all the praise for He and He alone is worthy! Have a great weekend and I’ll see you in August!
