Good Evening, Tech returned to the forefront leading the market higher today. Energy was also higher giving the market a push as well. Breadth was not all that great though, exposing some weakness in what otherwise seemed like a normal day on the surface. Advancing issues outnumbered declining ones on the NYSE by a 1.06-to-1 ratio; on Nasdaq, a 1.15-to-1 ratio favored decliners. This has been an ongoing characteristic of this market all year as the indices have been supported by money moving from one sector to another. There have been some sizable declines in areas like tech and financials while the indices have reflected very little of this volatility.
The days trading left us with the following results: Our TSP allotment posted a gain of +0.22%. For comparison, the Dow was up +0.44%, the Nasdaq+0.61%, and the S&P 500 +0.37%. Praise God for another day in the green!
The days action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Sell. We are currently invested at 100/S. Our allocation is now +10.66% on the year not including the days results. Here are the latest posted results:
| 09/10/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.8451 | 17.8934 | 41.011 | 54.0793 | 29.4997 |
| $ Change | 0.0038 | 0.0134 | 0.0776 | 0.1979 | 0.1019 |
| % Change day | +0.02% | +0.07% | +0.19% | +0.37% | +0.35% |
| % Change week | +0.02% | +0.07% | +0.19% | +0.37% | +0.35% |
| % Change month | +0.08% | -0.36% | -0.79% | -1.11% | -2.49% |
| % Change year | +1.96% | -1.22% | +9.04% | +11.58% | -4.39% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 20.0402 | 27.6642 | 31.9222 | 34.8944 | 20.2841 |
| $ Change | 0.0149 | 0.0286 | 0.0550 | 0.0702 | 0.0459 |
| % Change day | +0.07% | +0.10% | +0.17% | +0.20% | +0.23% |
| % Change week | +0.07% | +0.10% | +0.17% | +0.20% | +0.23% |
| % Change month | -0.23% | -0.40% | -0.82% | -0.98% | -1.13% |
| % Change year | +2.50% | +2.88% | +3.86% | +4.23% | +4.58% |
We’re not doing bad for September! That’s all for tonight. Please take a moment to pray for the safety folks on the East coast that will be effected by Hurricane Florence. This looks like it’s going to be one of the strongest Hurricanes to strike that area in years. Also, just a note, I will be on the road so I will not post a blog on Thursday or Friday. Have a nice evening and may God continue to bless your trades!
