Good Evening, The price of oil moved up today and the market moved up (slightly) with it. The culprit was Saudi Arabia’s crown prince who moved to consolidate his power with several arrests for corruption. The market reaction was because the action by the crown prince could possibly disrupt the flow of oil. Corruption, consolidation of power….OK. Anyway the other driving force for today’s market was the proposed merger between tech giants Broadcom and Qualcom. Boradcom offered to buy Qualcom for 103 billion. The end result was that both issues barely moved the major indices. However, they did manage move them to records which as usual the media found exciting.
The days trading left us with the following results: Our TSP allotment posted a gain of +0.28%. For comparison, the Dow added +0.04%, the Nasdaq +0.33% and the S&P 500 +0.13%. Thank God for another good day!
The days action left us with the following signals: C-Neutral, S-Neutral, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +15.34% for the year not including the days results. Here are the latest posted results:
11/03/17 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.4821 | 18.077 | 36.2743 | 46.8185 | 30.1451 |
$ Change | 0.0010 | 0.0040 | 0.1152 | 0.0675 | -0.0789 |
% Change day | +0.01% | +0.02% | +0.32% | +0.14% | -0.26% |
% Change week | +0.04% | +0.44% | +0.29% | -0.25% | +0.92% |
% Change month | +0.02% | +0.16% | +0.51% | -0.13% | +0.31% |
% Change year | +1.94% | +3.60% | +17.50% | +14.20% | +22.53% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.368 | 26.5144 | 30.0915 | 32.6738 | 18.8768 |
$ Change | 0.0058 | 0.0129 | 0.0228 | 0.0284 | 0.0182 |
% Change day | +0.03% | +0.05% | +0.08% | +0.09% | +0.10% |
% Change week | +0.14% | +0.20% | +0.29% | +0.32% | +0.35% |
% Change month | +0.10% | +0.15% | +0.23% | +0.26% | +0.29% |
% Change year | +5.20% | +8.32% | +12.13% | +13.96% | +15.63% |
