Good Evening, According to the media the day wasn’t all that bad. The Dow is closing in it’s January highs and the S&P shook of tariff fears finishing in the green…..etc. etc. That’s all true and I will admit that it wasn’t that bad depending on were you were invested. The high profile areas were definitely in the green, but sector rotation was again taking place. Financials were up influenced by rising treasury rates which lead to rising interest rates which make banking more profitable. You get the picture. However defensive sectors such as Utilities were down as they are effected negatively by rising rates. Tech also was under pressure today as it usually is in these situations. As has been the case investors are holding onto big profits in tech so were better to raise a little capital to invest in financials than to take some profits in tech? Don’t worry if your a tech investor on the street. They will be fine. Small caps were also in the same boat as tech. They should be fine as well.
The days trading left us with the following results: Our TSP allotment slipped back -0.40%. For comparison, the Dow gained +0.61%, the Nasdaq dropped -0.08%, and the S&P 500 added +0.13%. You know it just occurred to me, the market is betting against the tariffs. Sometimes the market is a good predictor and sometimes it’s not. We will see. For now I remain in the “There will be tariffs camp”. That’s the way I’m invested. If the tariffs change then I will change. It’s tempting to move to the C Fund to be sure, but as you’ve seen many times recently it would probably be jumping the gun.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, 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:
| 09/18/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.8551 | 17.8132 | 41.421 | 54.0816 | 30.1453 |
| $ Change | 0.0013 | -0.0186 | 0.2228 | 0.2370 | 0.1536 |
| % Change day | +0.01% | -0.10% | +0.54% | +0.44% | +0.51% |
| % Change week | +0.03% | -0.27% | -0.02% | -0.67% | +0.75% |
| % Change month | +0.14% | -0.81% | +0.20% | -1.11% | -0.36% |
| % Change year | +2.02% | -1.67% | +10.13% | +11.59% | -2.30% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 20.0928 | 27.774 | 32.1508 | 35.1871 | 20.4761 |
| $ Change | 0.0206 | 0.0453 | 0.0986 | 0.1280 | 0.0848 |
| % Change day | +0.10% | +0.16% | +0.31% | +0.37% | +0.42% |
| % Change week | +0.03% | +0.04% | +0.06% | +0.06% | +0.07% |
| % Change month | +0.03% | -0.01% | -0.11% | -0.15% | -0.19% |
| % Change year | +2.77% | +3.29% | +4.60% | +5.10% | +5.57% |
As usual, we will just have to watch our charts and see how this shakes out. That’s all for tonight. Have a great evening and may God continue to bless your trades!
