Good Evening, The market dropped today as it waited for tonight’s presidential debate and mulled over news about the German Deutsche Bank. Truth be told the latter issue probably effected the selling more than the debate as it conjured up memories of the 2009 financial crisis.
The days trading left us with the following results. Our TSP allotment gained a modest +0.12%, but that was good enough when compared to the major indices. For comparison, the Dow lost -0.91%, the Nasdaq -0.91%, and the S&P 500 -0.87%.
Wall Street Sells Off on Worries Over Clinton-Trump Showdown
The days selling left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested at 100/F. Our allocation is now +1.69% for the year not including the day’s results. Here are the latest posted results:
09/23/16 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.1076 | 17.9617 | 29.6716 | 38.7766 | 24.9332 |
$ Change | 0.0006 | 0.0173 | -0.1710 | -0.2259 | -0.1628 |
% Change day | +0.00% | +0.10% | -0.57% | -0.58% | -0.65% |
% Change week | +0.03% | +0.54% | +1.20% | +2.20% | +3.15% |
% Change month | +0.10% | -0.11% | -0.18% | +0.84% | +1.91% |
% Change year | +1.29% | +5.94% | +7.65% | +10.05% | +3.48% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.2716 | 24.1752 | 26.3845 | 28.1218 | 15.9686 |
$ Change | -0.0204 | -0.0622 | -0.0989 | -0.1233 | -0.0799 |
% Change day | -0.11% | -0.26% | -0.37% | -0.44% | -0.50% |
% Change week | +0.44% | +0.90% | +1.27% | +1.48% | +1.67% |
% Change month | +0.19% | +0.32% | +0.42% | +0.48% | +0.54% |
% Change year | +2.80% | +4.17% | +5.27% | +5.83% | +6.27 |
Now lets take a look at the charts. All signals are annotated with green circles. If you click on the charts they will become larger.
S Fund:
I Fund:
F Fund: The F Fund generated an overall buy signal when the MACD and PMO moved into positive configurations. The MFI and SCTR are signaling more upside. We will see.
Our plan remains the same and that is to wait this volatile period out in the F Fund and look for an entry point into equities during the month of October if one presents it’s self. I was glad to be in the F Fund today. Keep praying and God will guide out hand! Have a nice evening.
