Good Evening, The Turkish Central Bank was able to stop the slide in the lira for now and the market responded with a nice bounce during today’s session. Also cheering investors were continued good earnings. The economy is strong. earnings are great, and interest rates are not an issue. This has allowed the market to basically blow off issues such as the Turkish currency crisis. Barring any landmines, things are looking great through the end of the year!
The days trading left us with the following results: Our TSP allotment posted a nice gain of +0.82%. For comparison, the Dow added +0.45%, the Nasdaq +0.65%, and the S&P 500 +0.64%. It was our day today and I praise God for that!
Stocks Post Solid Gains as Turkey Crisis Stabilizes
The days action left us with the following signals: C-Neutral, S-Buy, I-Sell, F-Buy. We are currently invested at 100/S. Our allocation is now +7.94% not including the days results. Here are the latest posted results.
| 08/13/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.8088 | 17.9119 | 40.1529 | 52.753 | 29.7673 |
| $ Change | 0.0039 | -0.0211 | -0.1608 | -0.3184 | -0.2634 |
| % Change day | +0.02% | -0.12% | -0.40% | -0.60% | -0.88% |
| % Change week | +0.02% | -0.12% | -0.40% | -0.60% | -0.88% |
| % Change month | +0.11% | +0.41% | +0.30% | +0.87% | -3.48% |
| % Change year | +1.73% | -1.12% | +6.76% | +8.85% | -3.53% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.9562 | 27.5137 | 31.6541 | 34.5596 | 20.0677 |
| $ Change | -0.0203 | -0.0479 | -0.1095 | -0.1441 | -0.0961 |
| % Change day | -0.10% | -0.17% | -0.34% | -0.42% | -0.48% |
| % Change week | -0.10% | -0.17% | -0.34% | -0.42% | -0.48% |
| % Change month | -0.05% | -0.15% | -0.39% | -0.49% | -0.57% |
| % Change year | +2.07% | +2.32% | +2.99% | +3.23% | +3.46% |
