Good Evening, There are two dynamics to the market right now. #1 The market will not do the same thing two days in a row. There is simply no sustained momentum one way or the other. and #2. Not many traders are willing to hold stocks over the weekend with such turbulent world events as North Korea and the French Elections going on. You can check out the news link for the details on all that. We had both of those things working against us today so back down the market went…..
The days trading left us with the following results: Our TSP allotment gained +0.06%. That doesn’t sound like a good day until you compare it to the Dow which lost -0.15%, the Nasdaq -0.11%, and the S&P 500 -0.30%. Just for kicks we’ll throw in the S Fund at -0.27%. Our slim return was better than a loss and I thank God for that.
Wall Street Ends Lower as Crude Slumps, French Election Looms
The weeks action left us with the following signals: C-Neutral, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/I. Our allocation is now +2.26% on the year not including the days results. Here are the latest posted results.
04/20/17 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.2961 | 17.7717 | 32.6855 | 42.9386 | 26.3219 |
$ Change | 0.0010 | -0.0379 | 0.2461 | 0.4213 | 0.1337 |
% Change day | +0.01% | -0.21% | +0.76% | +0.99% | +0.51% |
% Change week | +0.05% | -0.03% | +1.17% | +2.35% | +0.26% |
% Change month | +0.13% | +0.92% | -0.19% | +0.16% | -0.34% |
% Change year | +0.72% | +1.85% | +5.87% | +4.74% | +6.99% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.7498 | 25.2036 | 27.9403 | 30.0143 | 17.1741 |
$ Change | 0.0253 | 0.0689 | 0.1219 | 0.1544 | 0.1013 |
% Change day | +0.14% | +0.27% | +0.44% | +0.52% | +0.59% |
% Change week | +0.24% | +0.45% | +0.69% | +0.81% | +0.92% |
% Change month | +0.12% | +0.05% | -0.01% | -0.04% | -0.08% |
% Change year | +1.84% | +2.97% | +4.12% | +4.68% | +5.20% |
We’ll see what happens in the French election and how that effects Monday’s open. Have a great weekend!
