Good Evening, The market was in the green most of the day but fell off late in the session to finish in the red. The media reported the the selling was due to trade concerns after administration officials threatened to put tariffs on the rest of Chinese imports if no progress is made between President Xi and President Trump in their upcoming meeting. While that may be true I see the biggest headwind as next weeks midterm elections. There is a lot of anxiety among investors about who will control congress when the elections are over. Taking away those concerns this market has the feel of a market that is trying to bottom. The economy and earnings remain solid. The only negative there is that some market players are concerned about 2019 and beyond. I guess you can always create something to worry about if you choose to do so. As far as I’m concerned we still have two very good months left in 2018 and I’ll worry about 2019 when it gets here. We already know that pre 2008 market volatility has returned. But the good thing is that we already know how to trade it. As far as I’m concerned the change in market character presents an increased opportunity to make money. We just have to get through this correction first. Then we’ll put our pre 2008 indicators back to work! Prayerfully this downturn will end after the election and we can get on with business!
The days trading left us with the following signals: Our TSP allotment moved lower posting a drop of -0.66%. For comparison, the Dow fell -0.99%, the Nasdaq -1.63%, and the S&P 500 -0.66%. I
The days action left us with the following signals: C-Sell, S-Sell, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now -3.48% on the year not including the days results. Here are the latest posted results:
| 10/26/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.9041 | 17.7866 | 37.9689 | 47.2736 | 27.5237 |
| $ Change | 0.0013 | 0.0434 | -0.6680 | -0.5988 | -0.0999 |
| % Change day | +0.01% | +0.24% | -1.73% | -1.25% | -0.36% |
| % Change week | +0.06% | +0.54% | -3.93% | -3.98% | -3.86% |
| % Change month | +0.21% | -0.33% | -8.67% | -12.01% | -9.84% |
| % Change year | +2.34% | -1.81% | +0.95% | -2.46% | -10.80% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.765 | 27.0438 | 30.4004 | 32.8798 | 18.9363 |
| $ Change | -0.0462 | -0.0992 | -0.2251 | -0.2908 | -0.1909 |
| % Change day | -0.23% | -0.37% | -0.73% | -0.88% | -1.00% |
| % Change week | -0.72% | -1.13% | -2.31% | -2.77% | -3.17% |
| % Change month | -1.81% | -2.85% | -5.76% | -6.91% | -7.89% |
| % Change year | +1.10% | +0.57% | -1.09% | -1.79% | -2.37% |
