Good Evening, Today we had the domino effect going again. The Senate put off voting on the Health Care Bill until after it’s July 4th recess. That domino fell and knocked down the tax reform domino which caused the market to drop because that’s all it really cares about anyway. That’s right, It’s just like we discussed before. Any failure to push the healthcare reform bill through is viewed by investors as a threat to or delay of tax reform and that’s what market thinks it will take to will really get the GDP going. Folks, pray for tax reform!!!
The days selling left us with the following results: Our TSP allotment held up well slipping back just -0.02%. For Comparison, The Dow dropped -0.46%, the Nasdaq a whopping -1.61%, and the S&P 500 -0.81%. It’s not what you make that’s important, it’s what you keep. Thank God for a good day in that respect!
Wall St. falters as Senate delays health vote
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. Our allotment is now +9.56% for the year. Here are the latest posted results:
06/26/17 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.3601 | 18.0007 | 33.9661 | 44.1523 | 28.2213 |
$ Change | 0.0029 | 0.0145 | 0.0111 | 0.1050 | 0.0788 |
% Change day | +0.02% | +0.08% | +0.03% | +0.24% | +0.28% |
% Change week | +0.02% | +0.08% | +0.03% | +0.24% | +0.28% |
% Change month | +0.16% | +0.58% | +1.24% | +2.61% | +0.36% |
% Change year | +1.14% | +3.17% | +10.02% | +7.70% | +14.71% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 18.9996 | 25.7516 | 28.8229 | 31.102 | 17.8674 |
$ Change | 0.0087 | 0.0179 | 0.0281 | 0.0348 | 0.0223 |
% Change day | +0.05% | +0.07% | +0.10% | +0.11% | +0.12% |
% Change week | +0.05% | +0.07% | +0.10% | +0.11% | +0.12% |
% Change month | +0.39% | +0.59% | +0.83% | +0.95% | +1.06% |
% Change year | +3.20% | +5.20% | +7.41% | +8.48% | +9.44% |
How long will this downtrend continue? Keep an eye on the charts! That’s all for tonight. Have a great evening and may God continue to bless your trades!
