Good Evening, The markets were mixed ahead of tomorrows crucial midterm elections. If you were hoping for a big move before the elections then you simply don’t understand the nature of the market. We were most fortunate to have finished mixed today given the uncertainty of tomorrow. There are many talking heads that are saying that it will be best if the house and senate go to opposing parties. Then nothing will get done good or bad. They say that the market likes both parties and what it doesn’t like is uncertainty. On the second point I agree. However, I’m not so sure about the first. I think the market favors deregulation and decreased taxes for a more business friendly environment. Anything less is a disappointment. So any candidate or party that apposes these things is probably not who you want to see win if you expect to make a lot of money in the market. I will also add that there are some candidates and parties that are absolutely opposed to capitalism. Folks, the market is capitalism plain and simple. The market is the single greatest path to wealth in our country. Think about that when you do your patriotic duty and vote. Of course there are many other important issues…..but that’s not what we talk about in this blog. ONLY ISSUES THAT RELATE TO THE MARKET!!!!!
The days trading left us with the following results: Our TSP allotment posted a small gain of +0.06%. For comparison, the Dow added +0.76%, the Nasdaq dropped -0.38%, and the S&P 500 gained +0.56%. Praise God for a day in the green.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allotment is now +0.62% on the year not including the days results. Here are the latest posted results.
| 11/02/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.9133 | 17.6563 | 38.8973 | 49.2857 | 28.4445 |
| $ Change | 0.0014 | -0.0645 | -0.2437 | -0.0549 | 0.1686 |
| % Change day | +0.01% | -0.36% | -0.62% | -0.11% | +0.60% |
| % Change week | +0.06% | -0.73% | +2.45% | +4.26% | +3.35% |
| % Change month | +0.02% | -0.28% | +0.43% | +2.00% | +1.21% |
| % Change year | +2.40% | -2.53% | +3.42% | +1.69% | -7.81% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.8823 | 27.2869 | 30.9384 | 33.5765 | 19.3967 |
| $ Change | -0.0106 | -0.0203 | -0.0404 | -0.0506 | -0.0317 |
| % Change day | -0.05% | -0.07% | -0.13% | -0.15% | -0.16% |
| % Change week | +0.59% | +0.90% | +1.77% | +2.12% | +2.43% |
| % Change month | +0.17% | +0.27% | +0.53% | +0.64% | +0.75% |
| % Change year | +1.70% | +1.48% | +0.66% | +0.29% | +0.00% |
