Good Evening, It was more of the same today. The market traded down on tariff concerns and negative seasonality. Also it should be not noted that some negative news about tariffs on Apple products carried a heavy weight as the trillion dollar company is overweight in pretty much every index and fund. Adding to today’s selling was the fact that investors didn’t want to hold stocks over the weekend due to the Apple tariffs and used it as an excuse to take profits. Nothing unexpected here. I’m not overly concerned at this point.
The days action left us with the following results: Our TSP allotment slipped another -0.28%. For comparison, the Dow dropped -0.31%, the Nasdaq -0.25% and the S&P 500 -0.22%. The indices were all read today and breadth was poor. Declining issues outnumbered advancing ones on the NYSE by a 2.21-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.
The weeks action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now +10.25% on the year. Here are the latest posted results,
| 09/07/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.8413 | 17.88 | 40.9334 | 53.8814 | 29.3978 |
| $ Change | 0.0013 | -0.0614 | -0.0873 | -0.1001 | -0.1374 |
| % Change day | +0.01% | -0.34% | -0.21% | -0.19% | -0.47% |
| % Change week | +0.06% | -0.44% | -0.98% | -1.48% | -2.83% |
| % Change month | +0.06% | -0.44% | -0.98% | -1.48% | -2.83% |
| % Change year | +1.94% | -1.30% | +8.84% | +11.17% | -4.72% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 20.0253 | 27.6356 | 31.8672 | 34.8242 | 20.2382 |
| $ Change | -0.0144 | -0.0299 | -0.0615 | -0.0793 | -0.0516 |
| % Change day | -0.07% | -0.11% | -0.19% | -0.23% | -0.25% |
| % Change week | -0.31% | -0.51% | -0.99% | -1.18% | -1.35% |
| % Change month | -0.31% | -0.51% | -0.99% | -1.18% | -1.35% |
| % Change year | +2.43% | +2.77% | +3.68% | +4.02% | +4.34% |
Like I said above. Nothing unexpected occurred today. By the matter of fact I really like the chart for the S Fund. As long as the lower trend line remains in tact it is extremely bullish irregardless of the current neutral signal. Have a nice weekend and may God continue to bless your trades!
