Good Evening, The recent trend of the market trading off of oil continued today. We had some nice gains going in the morning. However, the market gave up all it’s gains as oil which had been moving up wildly reversed. One difference in today’s trading was that tech sold off hard as well. Stocks like Netflix, Google, and Amazon have held up well regardless of what other sectors were doing. Not so today! We’ll have to keep an eye on that. It appears that some investors are concerned about the Fed raising rates next week when commodities are being hit so hard. On the bright side, I will metion another trend that has occurred in recdent months. Each time the tech stocks have had a really bad day, they have had a really good day the following day and when they have they have usually brought the broader market up with them. Lets pray that’s the case tomorrow!
The days trading left us with the following results: Our TSP allotment dropped -0.77%. For comparison, the Dow lost -0.43%, the Nasdaq -1.48%, and the S&P 500 -0.77%.
Wall St. falls alongside oil on global growth concerns
The days selling left us with the following signals: C-Neutral, S-Sell, I-Sell, F-Neutral. We are currently invested at 100/C, Our allocation is now +2.65% on the year not including the days results. Here are the latest posted results:
12/08/15 | |||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 14.8953 | 16.9979 | 27.7901 | 35.6688 | 24.1537 |
$ Change | 0.0008 | -0.0231 | -0.1800 | -0.1806 | -0.3468 |
% Change day | +0.01% | -0.14% | -0.64% | -0.50% | -1.42% |
% Change week | +0.02% | +0.13% | -1.33% | -1.85% | -1.95% |
% Change month | +0.05% | -0.05% | -0.76% | -2.73% | -1.79% |
% Change year | +1.91% | +1.17% | +2.30% | -1.73% | -0.27% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 17.7814 | 23.2714 | 25.1687 | 26.7111 | 15.1179 |
$ Change | -0.0296 | -0.0974 | -0.1394 | -0.1687 | -0.1095 |
% Change day | -0.17% | -0.42% | -0.55% | -0.63% | -0.72% |
% Change week | -0.29% | -0.76% | -1.02% | -1.19% | -1.36% |
% Change month | -0.23% | -0.65% | -0.91% | -1.09% | -1.25% |
% Change year | +1.89% | +1.63% | +1.46% | +1.26% | +1.06% |