Good Evening, More positive earnings led to another good day for the market. That makes two positive days in a row, but I will be surprised if we continue to move in one direction. The action since July has been largely give and take with neither the bulls or the bears gaining much of an advantage. Look for the upcoming election to possibly shake things loose. As that time approaches remain highly vigilant and ready to move if the market breaks out of the current trading range.
The days trading left us with the following results: Our TSP allotment gained +0.39%. For comparison, the Dow added +0.22%, the Nasdaq +0.05%, and the S&P 500 +0.22%. Praise God, we had them covered today!
Oil, earnings lift Wall Street but Intel drags
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested at 100/S. Our allotment is now +0.42% on the year not including the days results. Here are the latest posted results:
10/18/16 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.1243 | 17.9027 | 29.3638 | 37.8611 | 24.3688 |
$ Change | 0.0007 | 0.0189 | 0.1795 | 0.2381 | 0.2455 |
% Change day | +0.00% | +0.11% | +0.62% | +0.63% | +1.02% |
% Change week | +0.02% | +0.27% | +0.31% | +0.43% | +0.54% |
% Change month | +0.08% | -0.40% | -1.24% | -2.41% | -1.62% |
% Change year | +1.40% | +5.59% | +6.54% | +7.45% | +1.14% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.2248 | 24.0188 | 26.1198 | 27.7859 | 15.7497 |
$ Change | 0.0285 | 0.0770 | 0.1230 | 0.1523 | 0.0976 |
% Change day | +0.16% | +0.32% | +0.47% | +0.55% | +0.62% |
% Change week | +0.11% | +0.19% | +0.27% | +0.31% | +0.35% |
% Change month | -0.27% | -0.63% | -0.97% | -1.15% | -1.31% |
% Change year | +2.54% | +3.49% | +4.21% | +4.57% | +4.81% |
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:
Nothings changed. We just need to keep watching our charts for the ultimate resolution of this trading range and be ready to react. That’s all for tonight. Have a nice evening!
