Good Evening, The market continued to digest recent gains as it awaits 4th quarter earnings reports which start in earnest on Thursday when Citigroup and JP Morgan report. I’m still looking for a strong 4th quarter and healthy bank earnings are just the way to get it started. One thing worth mentioning about today’s action is that the volume was pitiful with only 4.4 billion shares changing hands. The recent daily average for volume is 6.1 billion shares. For those of you that may be new to the game, you can’t really take anything away from a low volume day. For instance, had the market turned significantly up or down you couldn’t really say that the trend had changed. You most often but not always see low volume days close to or during holiday seasons.
The days trading left us with the following results: Our TSP allotment dropped -0.35%. For comparison, the Dow slipped -0.06%, the Nasdaq -0.16%, and the S&P 500 -0.18%.
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. We are currently invested at 100/S. Our allocation is now + 15.44% on the year not including the days results. Here are the latest posted results:
| 10/06/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.4553 | 18.0083 | 35.7093 | 46.8613 | 29.58 |
| $ Change | 0.0010 | -0.0181 | -0.0273 | -0.0527 | -0.0178 |
| % Change day | +0.01% | -0.10% | -0.08% | -0.11% | -0.06% |
| % Change week | +0.04% | -0.15% | +1.25% | +1.37% | -0.05% |
| % Change month | +0.04% | -0.15% | +1.25% | +1.37% | -0.05% |
| % Change year | +1.77% | +3.21% | +15.67% | +14.31% | +20.24% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.2832 | 26.3441 | 29.8072 | 32.3239 | 18.6547 |
| $ Change | -0.0032 | -0.0081 | -0.0155 | -0.0200 | -0.0130 |
| % Change day | -0.02% | -0.03% | -0.05% | -0.06% | -0.07% |
| % Change week | +0.19% | +0.34% | +0.54% | +0.64% | +0.72% |
| % Change month | +0.19% | +0.34% | +0.54% | +0.64% | +0.72% |
| % Change year | +4.74% | +7.62% | +11.07% | +12.74% | +14.27% |
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.
C Fund:
S Fund:
I Fund:
F Fund:
There’s nothing new to add here. When volume is low and trading is slow you just have to be patient. We’ll just wait and watch as the market digests it’s gains and hopefully gets ready for a new leg up! That’s all for tonight. Have a great evening and may God continue to bless your trades.
