Good Evening, I try to do this blog on a regular schedule, but sometimes things become hectic and this week has been one of those times. Nonetheless, if anything big happens I will find always find a way to get out a message as those who have been with me since the beginning know. Speaking of getting out a message, if you haven’t downloaded our new phone app yet make sure you do or you will not receive the next Alert. If you have friends that are even busier than you are, be sure and let them know as well. I know that a lot of folks indeed get really busy this time of year and by the time they realize that the old app isn’t working it may be too late!
The Dow and the financial sector took the day off and the rest of the market was pretty flat. It seems that a good jobs report was not enough to spur more buying. Right now it appears that the market is cooling off after a hot run. Things got a little extended and some consolidation if not a little correction is to be expected. The important thing here is to be aware the short term trend has changed and to keep a close eye on the charts to make sure that it doesn’t turn into something of a longer duration. If that were to be the case we would move to the side line and start looking for the next entry point. The key is to keep your TSP accounts as close to their highs as possible during any downturn and invest aggressively on the way back up.
The days action left us with the following results: Our TSP allotment managed a small gain of +0.05%. For comparison, the Dow was off -0.11%, the Nasdaq was up +0.09%, and S&P 500 followed with a gain of +0.04%.
Wall Street little changed as bank rally pauses
The weeks action left us with the following signals: C-Buy, S-buy, I-Neutral, F-Sell. We are currently invested at 100/S. Our allotment is now +6.08% on the year not including the days results. Here are the latest posted results:
12/01/16 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.1572 | 17.3559 | 30.1681 | 39.9937 | 23.8026 |
$ Change | 0.0008 | -0.0648 | -0.1051 | -0.2729 | 0.0191 |
% Change day | +0.01% | -0.37% | -0.35% | -0.68% | +0.08% |
% Change week | +0.03% | -0.21% | -0.94% | -1.93% | -0.21% |
% Change month | +0.01% | -0.37% | -0.35% | -0.68% | +0.08% |
% Change year | +1.62% | +2.37% | +9.45% | +13.50% | -1.21% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.2802 | 24.171 | 26.3659 | 28.0964 | 15.9601 |
$ Change | -0.0131 | -0.0321 | -0.0504 | -0.0625 | -0.0395 |
% Change day | -0.07% | -0.13% | -0.19% | -0.22% | -0.25% |
% Change week | -0.16% | -0.37% | -0.56% | -0.66% | -0.76% |
% Change month | -0.07% | -0.13% | -0.19% | -0.22% | -0.25% |
% Change year | +2.85% | +4.15% | +5.20% | +5.74% | +6.21% |
