Good Evening, The market traded moderately lower today after yesterdays stellar bounce. There were a couple issues that put added pressure on the day. The first was the Fed Statement that was released for this weeks meeting. Many investors were hoping that the Fed would include language in the report putting some doubt as to whether or not the rate increases will be automatic in 2019. In other words they were looking for data dependent if not in those exact words. They felt that given the October correction that the Fed should put some language in the report to indicate that a slowing economy would in turn slow the rate of interest rate increases. That didn’t happen. The second issue was energy prices which have been dropping with crude oil actually entering bear territory defined as a drop of 20% or more. That is self explanatory. I talked about the fact that this rebound wouldn’t just go straight back up and this is what I meant. It’s going to take a little patience to get this correction back but I’m fairly confident that we will fully recover before the end of the year.
The days trading left us with the following results: Our TSP allotment fell back -0.48%. For comparison, the Dow was up slightly at +0.04%, the Nasdaq lost -0.53%, and the S&P 500 gave back -0.25%. Praise God that we kept most of yesterdays gains!
The days action left us with the following signals: C-Buy, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +2.79% on the year not including the days results. Here are the latest posted results:
| 11/07/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.9201 | 17.6898 | 40.1997 | 50.346 | 28.8574 |
| $ Change | 0.0013 | 0.0143 | 0.8353 | 0.8454 | 0.4444 |
| % Change day | +0.01% | +0.08% | +2.12% | +1.71% | +1.56% |
| % Change week | +0.04% | +0.19% | +3.35% | +2.15% | +1.45% |
| % Change month | +0.06% | -0.09% | +3.79% | +4.19% | +2.68% |
| % Change year | +2.44% | -2.35% | +6.88% | +3.88% | -6.48% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.9945 | 27.514 | 31.4286 | 34.2058 | 19.8076 |
| $ Change | 0.0781 | 0.1615 | 0.3566 | 0.4602 | 0.3019 |
| % Change day | +0.39% | +0.59% | +1.15% | +1.36% | +1.55% |
| % Change week | +0.56% | +0.83% | +1.58% | +1.87% | +2.12% |
| % Change month | +0.74% | +1.10% | +2.13% | +2.53% | +2.88% |
| % Change year | +2.27% | +2.32% | +2.25% | +2.17% | +2.12% |
