Good Evening, The market moved up aggressively and then trailed off in afternoon session as traders took a little profit. The action was still good enough to move the Dow and S&P 500 to new records. A lot of market pundits continue to call the top in this market and you know, sooner or later they will be correct. Nevertheless, for the past several years they have looked like the fools that they are. Nobody knows when a top will be and if the say they do don’t listen to them or you will get crushed. Why do I say this? Glad you asked…. My charts don’t show a top right now. Just to the contrary, they show the market spooling up for a nice run into the new year. But Scott, you said you never prognosticate! That’s right, I just talk about what my charts show right now in the precious present and what they show is an uptrend! Can that change? Of course it can and if it does we will have plenty of time to react to it. Markets don’t just fall apart in one day. When there is a big dip in one day like for instance on 911 the market always bounces back in a reasonable amount of time. In that particular case it was just a matter of weeks. No, it’s when the market starts moving lower and breaking through one technical level after the other that you have to worry. Meanwhile, you just go with the flow. The trend is your friend so to speak! You just keep making money while all those chicken little’s keep saying that the sky falling. Your charts will always tell you what to do and when to do it. You just have to be smart enough to know how to read them. Then, you have to be disciplined enough to take action when it may or may not seem to others like a good time to do so. All that said, what would you rather depend on, charts based on mathematics (statistics) or some market expert that spends more time trying to look good than studying the market? Remember,the good ones never ever call a top. Those that do are lucky and were usually unlucky several times prior to that. One more thing and I’ll get off my soap box. I could not have ever made even the first successful trade without the guidance of our Heavenly Father. His word says to seek Him first and all those other things will be added unto you. It’s all His to give and to take. So there, if you want to know the real secret of trading…… well I just gave it to you!
That days trading left us with the following results: Our TSP allotment gained +0.13%. For comparison, the Dow added +0.28%, the Nasdaq +0.10%, and the S&P 500 +0.15%. Thank God for another good day.
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/I. Our allocation is now +14.17% on the year not including the days results. Here are the latest posted results:
| 09/15/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.4362 | 18.0803 | 34.9873 | 44.9789 | 29.3879 |
| $ Change | 0.0008 | 0.0001 | 0.0688 | 0.1712 | 0.0792 |
| % Change day | +0.01% | +0.00% | +0.20% | +0.38% | +0.27% |
| % Change week | +0.04% | -0.50% | +1.63% | +2.07% | +0.56% |
| % Change month | +0.09% | -0.23% | +1.25% | +1.44% | +1.80% |
| % Change year | +1.64% | +3.62% | +13.33% | +9.72% | +19.45% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.1962 | 26.1418 | 29.4451 | 31.863 | 18.351 |
| $ Change | 0.0102 | 0.0252 | 0.0456 | 0.0582 | 0.0383 |
| % Change day | +0.05% | +0.10% | +0.16% | +0.18% | +0.21% |
| % Change week | +0.27% | +0.51% | +0.84% | +0.98% | +1.13% |
| % Change month | +0.34% | +0.58% | +0.91% | +1.06% | +1.20% |
| % Change year | +4.27% | +6.80% | +9.72% | +11.13% | +12.41% |
