Good Evening, We finally got our China trade deal or at least part of one. China and the US announced Friday that they have arrived at a Phase one trade agreement. The details are a bit sketchy but what we do know is that the new tariffs that were scheduled to be added today were delayed, at least some existing tariffs already in place will be rolled back, and the Chinese have agreed to buy a large quantity of US agricultural products. I’m sure additional details will be released in the coming days. The announcement has had the anticipated effect on the market with new highs being set the past two sessions. Also bolstering stocks was a report showing the Chinese economy was doing well, data released early on Monday showed China’s industrial output and retail sales growth accelerated in November. It’s not just about the US anymore. It’s a world market and when the second largest economy in the world is doing well it shows the the world market is still in good shape. The bottom line is that we’ve survived this trade war… At least for now.
The days trading left us with the following results: Our TSP allotment posted a nice gain of +0.71%. For comparison, the Dow was up +0.36%, the Nasdaq +0.91%, and the S&P 500 +0.71%. Praise God for another good day!
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/C. Our allocation is now +14.52% for the year not including the days results. Here are the latest posted results:
12/13/19 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 16.3354 | 19.7477 | 46.3252 | 55.093 | 32.3553 |
$ Change | 0.0008 | 0.0890 | 0.0102 | -0.1326 | 0.2345 |
% Change day | +0.00% | +0.45% | +0.02% | -0.24% | +0.73% |
% Change week | +0.04% | +0.28% | +0.77% | +0.06% | +1.72% |
% Change month | +0.06% | +0.08% | +0.98% | +0.00% | +2.10% |
% Change year | +2.15% | +8.85% | +28.85% | +25.28% | +21.12% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 21.097 | 29.1635 | 34.4897 | 37.9579 | 22.1713 |
$ Change | 0.0170 | 0.0266 | 0.0597 | 0.0762 | 0.0492 |
% Change day | +0.08% | +0.09% | +0.17% | +0.20% | +0.22% |
% Change week | +0.26% | +0.30% | +0.63% | +0.74% | +0.84% |
% Change month | +0.32% | +0.37% | +0.77% | +0.90% | +1.01% |
% Change year | +7.15% | +8.84% | +16.37% | +19.21% | +21.62% |
