Good Evening, There was more of the same type of action today that we have had since early September. There was, however, one exception from Monday and Tuesdays sessions, breadth improved. Advancing issues outnumbered declining ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers. The trend of low volume with a tight range did continue. About 5.6 billion shares changed hands on U.S. exchanges, below the 5.9 billion daily average for the past 20 trading days, according to Thomson Reuters data. I can honestly say that I have never seen anything quite like this before. There is no emotion, no volume, and no volatility. The market just continues to climb a wall of worry. Those that are left behind continue to invest but no matter what they do they can’t seem to catch up. It is an endless cycle that sucks more and more investors in as folks who aren’t invested in the market decide that they are missing out. Eventually this will come to an end and it will probably not end well. So when will that be?? Just watch the networks and it’s about every day, every week, and every month. If you listen to those folks you’ll always be under invested. Again, when will the top come? I’ll tell you when, when there is no longer any money on the sidelines to invest. Right now there seems to be a good supply, but if you figure out when that day will come please let me know. Until then I’m going to repeat what I have been saying for 7 years now. I know your tired of hearing it and God knows I’m tired of saying it but it has been, is , and always will be true. The trend is you friend. So stick with the trend until the end. The pricing action will tell you when……
The days trading left us with the following results: Our TSP allotment gained +0.27%. The Dow added +0.70%, the Nasdaq +0.01%, and the S&P 500 +0.07%. Praise God for a good day!
The days action left us with the following signals: C-Buy, S-Neutral, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +14.90% on the year not including the days gains. Here are the latest posted results:
| 10/17/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.4658 | 18.0827 | 35.856 | 46.6423 | 29.946 |
| $ Change | 0.0010 | 0.0094 | 0.0238 | -0.0996 | -0.1268 |
| % Change day | +0.01% | +0.05% | +0.07% | -0.21% | -0.42% |
| % Change week | +0.02% | -0.07% | +0.24% | -0.18% | -0.39% |
| % Change month | +0.10% | +0.26% | +1.67% | +0.90% | +1.18% |
| % Change year | +1.84% | +3.64% | +16.14% | +13.77% | +21.72% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.3184 | 26.4123 | 29.9176 | 32.4584 | 18.7387 |
| $ Change | -0.0031 | -0.0099 | -0.0212 | -0.0282 | -0.0193 |
| % Change day | -0.02% | -0.04% | -0.07% | -0.09% | -0.10% |
| % Change week | +0.01% | +0.01% | +0.00% | -0.01% | -0.02% |
| % Change month | +0.38% | +0.60% | +0.92% | +1.06% | +1.18% |
| % Change year | +4.93% | +7.90% | +11.48% | +13.21% | +14.78% |
