Good Evening, The action today was decidedly negative. The dip buyers tried to step in and drive it back up but their effort today was again halfhearted with the major indices finishing in the red. The media spent most of the day trying to explain why the market was acting the way that it was acting. About half of them were blaming President Trump’s remarks about the Government shutting down and the other half were saying it was in anticipation of news that will come out of the World Economic Symposium in Jackson Hole Wyoming this Friday. While that all sounds good it is just another example of the market driving the news. Most investors could care less about what is going on in Washington. What they care about is the price of stocks and how they can stay a step ahead of the other traders. Another factor in this the computer algorithms that are written to buy and sell at certain technical levels. Again, it’s price that drives the market, not news. As I have always said it’s 95% price and 5% news. That’s the reason we often refer to news as noise……
The days trading left us with the following results: Our TSP allotment managed a slight gain of +0.02%. For comparison, the Dow lost -0.40%, the Nasdaq -0.30%, and the S&P 500 -0.35%. Thank God for another good day.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested with 100% in the I Fund. Our allocation is now +11.52% on the year not including the days results. Here are the latest posted results.
| 08/22/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.4142 | 18.0374 | 34.264 | 43.4044 | 28.7056 |
| $ Change | 0.0009 | -0.0244 | 0.3385 | 0.4422 | 0.0458 |
| % Change day | +0.01% | -0.14% | +1.00% | +1.03% | +0.16% |
| % Change week | +0.02% | -0.06% | +1.12% | +1.03% | +0.22% |
| % Change month | +0.14% | +0.44% | -0.54% | -2.52% | -0.60% |
| % Change year | +1.50% | +3.38% | +10.98% | +5.87% | +16.68% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.0819 | 25.8805 | 28.9918 | 31.2917 | 17.9793 |
| $ Change | 0.0280 | 0.0724 | 0.1326 | 0.1685 | 0.1104 |
| % Change day | +0.15% | +0.28% | +0.46% | +0.54% | +0.62% |
| % Change week | +0.18% | +0.33% | +0.52% | +0.61% | +0.69% |
| % Change month | -0.04% | -0.21% | -0.46% | -0.58% | -0.70% |
| % Change year | +3.65% | +5.73% | +8.03% | +9.14% | +10.13% |
