Good Evening, The market was under pressure again today with all the major indices finishing in the red. Small caps fared a little better but still finished the day down as well. The media’s excuse for the poor action was the financial crisis in Turkey. Wow that’s a major market! (please note my sarcasm). I say that it’s typical August trading and do we really need an excuse. Do we?? As far as I’m concerned the day was nothing out of the ordinary. It is what it is!
The days trading left us with the following results: Our TSP allotment gave up -0.39%. For comparison, the Dow lost -0.77%, the Nasdaq -0.67%, and the S&P 500 -0.71%.
The weeks action left us with the following signals: C-Buy, S-Buy, I-Sell, F-Buy. We are currently invested at 100/S. Our allocation is now +8.93% on the year not including the days results. Here are the latest posted results:
| 08/09/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.8036 | 17.8719 | 40.5901 | 53.236 | 30.5912 |
| $ Change | 0.0013 | 0.0274 | -0.0479 | 0.0873 | -0.0289 |
| % Change day | +0.01% | +0.15% | -0.12% | +0.16% | -0.09% |
| % Change week | +0.05% | +0.08% | +0.51% | +1.00% | +0.38% |
| % Change month | +0.07% | +0.18% | +1.39% | +1.79% | -0.81% |
| % Change year | +1.69% | -1.34% | +7.92% | +9.84% | -0.86% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 20.0101 | 27.64 | 31.9424 | 34.9373 | 20.3192 |
| $ Change | 0.0002 | -0.0021 | -0.0088 | -0.0119 | -0.0081 |
| % Change day | +0.00% | -0.01% | -0.03% | -0.03% | -0.04% |
| % Change week | +0.15% | +0.21% | +0.35% | +0.41% | +0.47% |
| % Change month | +0.22% | +0.31% | +0.51% | +0.60% | +0.67% |
| % Change year | +2.35% | +2.79% | +3.92% | +4.36% | +4.76% |
Maybe the Turkish Lira is going to make the sky fall but I don’t think so. I say this is another good buying opportunity. I’ll cry uncle when the charts tell me to do so and not a moment before. That’s all for this week. Have a nice evening and may God continue to bless your trades
