Good Evening, The double mindedness of this market continues. Will China and the US come to an agreement or not? Will they apply additional tariffs on December 15th or not? The latter is the big question that faces the market at this time. The market is pretty well indifferent to the deal/ no deal question a the moment. What investors clamor to know is whether or not progress is being made and they have decided that the best barometer for that is whether or not both sides put new tariffs in place on the 15th. That is the date that President Trump decided that new tariffs would go into place if no agreement has been reached. More than likely the market will sell off if new tariffs are in fact put in place. We will see. Our job is simple…watch our charts and react to the price action that we see. Trying to guess what these negotiators are going to try to do has been a risky trade for a while……
The days trading left us with the following results: Our TSP allotment slipped back -0.11%. For comparison, the Dow gave up -0.10%, the Nasdaq -0.07%, and the S&P 500 -0.11%. All in all it was a pretty flat day.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/C. Our allocation is now +13.30% on the year not including the days results. Here are the latest posted results:
| 12/09/19 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 16.3321 | 19.7094 | 45.8299 | 54.871 | 31.8433 |
| $ Change | 0.0025 | 0.0176 | -0.1417 | -0.1890 | 0.0363 |
| % Change day | +0.02% | +0.09% | -0.31% | -0.34% | +0.11% |
| % Change week | +0.02% | +0.09% | -0.31% | -0.34% | +0.11% |
| % Change month | +0.04% | -0.12% | -0.10% | -0.40% | +0.48% |
| % Change year | +2.12% | +8.63% | +27.47% | +24.77% | +19.20% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 21.0389 | 29.0684 | 34.242 | 37.6363 | 21.9597 |
| $ Change | -0.0039 | -0.0078 | -0.0304 | -0.0413 | -0.0280 |
| % Change day | -0.02% | -0.03% | -0.09% | -0.11% | -0.13% |
| % Change week | -0.02% | -0.03% | -0.09% | -0.11% | -0.13% |
| % Change month | +0.04% | +0.04% | +0.05% | +0.04% | +0.04% |
| % Change year | +6.85% | +8.49% | +15.54% | +18.20% | +20.46% |
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:
We’ll know at least for the short term where this market is heading on the 15th. Keep watching those charts! That’s all for tonight. Have a great evening and may God continue to bless your trades!
