Good Evening,
A while back we talked about several possible mines that could sink the current market and why we favored playing defense until they were gone. Yesterday, we talked about the market volatility brought on by the conflict in the Ukraine and how it was the problem that could most easily effect the market due to its influence on the European economy. Well, today the market ship hit a Ukrainian mine and looked to be sinking in the early-going so much so that we canceled an interfund transfer that we issued earlier in the day. After the initial blast, the troops were able to repair most of the damage and the market ship continued on the same course with the S Fund issuing a buy signal followed up by a solid neutral signal from the C Fund. Taking all that into consideration I am issuing another interfund transfer recommendation for 40/C, 60/S to be effective Monday at the close of business. I apologize for the confusion, but the charts were dropping and we needed to protect our capital until we had time to fully assess the Ukrainian news effect on the market. At this time, the market is shrugging it off so we are continuing with our transfer. The charts are setting up for a nice short- to intermediate-term run so we want to take full advantage of that if we can. If you failed to cancel your interfund transfer, I would just let it go on through. You will probably profit by being in equities on Monday. As far as the day’s results, our TSP allocation managed to gain in the neighborhood of +0.23% which was good enough to better all the major indices on the day. The AMP program had another outstanding day as well with on overall gain of +0.372% for the day. It is now up +1.87% on the month and has made gains on nine out of eleven trading days. Now on to the day’s news…
Stocks Undo Ukraine-Inspired Fall, Post Weekly Gain
| 08/14/14 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.4949 | 16.5187 | 25.5901 | 34.8653 | 25.9953 |
| $ Change | 0.0010 | 0.0244 | 0.1120 | 0.1283 | 0.0974 |
| % Change day | +0.01% | +0.15% | +0.44% | +0.37% | +0.38% |
| % Change week | +0.04% | +0.24% | +1.28% | +1.39% | +1.40% |
| % Change month | +0.09% | +0.73% | +1.40% | +1.96% | -1.29% |
| % Change year | +1.46% | +4.94% | +7.18% | +3.55% | +1.69% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 17.2323 | 22.5731 | 24.4108 | 25.9199 | 14.7097 |
| $ Change | 0.0166 | 0.0500 | 0.0681 | 0.0823 | 0.0521 |
| % Change day | +0.10% | +0.22% | +0.28% | +0.32% | +0.36% |
| % Change week | +0.31% | +0.72% | +0.90% | +1.04% | +1.16% |
| % Change month | +0.27% | +0.43% | +0.54% | +0.63% | +0.65% |
| % Change year | +2.47% | +3.57% | +4.06% | +4.37% | +4.60% |
