Good Evening, Santa Claus made an early appearance as the market set more new records today led by the financial sector. With interest rates expected to rise and Fed members making hawkish comments the financial sector which has been so beaten up so badly since 2009 has nowhere to go but up. As a result of this sector rotation, the market has not only been able to maintain it’s position but move higher as money continues to flow into financials and industrials from other sectors. The rise in industrials is a bet by investors that the Trump administration will be making large investment in the infrastructure of the United States. No doubt, those two sectors are a must own if you are betting on individual stocks. However, as far as we’re concerned it is more important that the rotation is driving the broad based indexes up as well. That’s what benefits us the most in TSP.
The days rally left us with the following results: Our TSP allocation made a nice gain of 1.32%. For comparison, the Dow was up +0.24% for another record, the Nasdaq added +1.10%, and the S&P moved forward +0.58%. Praise God, for another good day!
Wall Street rises, buoyed by economic data; Dow sets high
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allotment is now +7.56% on the year. Here are the latest posted returns:
12/05/16 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.1612 | 17.4097 | 30.3585 | 40.5549 | 24.0159 |
$ Change | 0.0030 | 0.0049 | 0.1785 | 0.5486 | 0.2181 |
% Change day | +0.02% | +0.03% | +0.59% | +1.37% | +0.92% |
% Change week | +0.02% | +0.03% | +0.59% | +1.37% | +0.92% |
% Change month | +0.03% | -0.06% | +0.28% | +0.72% | +0.98% |
% Change year | +1.65% | +2.68% | +10.15% | +15.10% | -0.33% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.3171 | 24.2633 | 26.5112 | 28.2766 | 16.0757 |
$ Change | 0.0322 | 0.0854 | 0.1370 | 0.1711 | 0.1109 |
% Change day | +0.18% | +0.35% | +0.52% | +0.61% | +0.69% |
% Change week | +0.18% | +0.35% | +0.52% | +0.61% | +0.69% |
% Change month | +0.13% | +0.25% | +0.36% | +0.42% | +0.48% |
% Change year | +3.06% | +4.54% | +5.78% | +6.42% | +6.98% |
That’s all for tonight. Have a nice evening and may God continue to bless your trades.
