Good Evening, The market marched on with it’s new found post Irma confidence again today. The news media touted how investors have taken their minds off of North Korea as well as Irma. However not all sectors of the market were up. The move up was mostly led by the financial sector which makes a lot of sense since treasury yields were higher today. Banks benefit from higher treasury yields. One thing I always look at is a simple thing, but just because it’s simple doesn’t mean it should be overlooked and that is the fact that bond prices move lower when treasury yields move higher. The longer this trend goes on the more money that moves from bonds to stocks and visa versa. The old adage when stocks are up bonds are down applies here. There are other sectors of the market that don’t benefit from higher treasury yields and those are Utilities and Real Estate. Both of those sectors were down today. My point here is that you should always watch bonds. They can tell you a lot about the market.
The days trading left us with the following results: Our TSP allotment gained +0.31%. For comparison, the Dow was up +0.28%, the Nasdaq +0.34%, and the S&P 500 +0.34%. Thank God for another good day.
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/I. Our allocation is now +14.23% on the year not including the days results. Here are the latest posted results:
| 09/11/17 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.4327 | 18.1192 | 34.7997 | 44.559 | 29.4021 |
| $ Change | 0.0027 | -0.0522 | 0.3734 | 0.4936 | 0.1790 |
| % Change day | +0.02% | -0.29% | +1.08% | +1.12% | +0.61% |
| % Change week | +0.02% | -0.29% | +1.08% | +1.12% | +0.61% |
| % Change month | +0.06% | -0.01% | +0.71% | +0.49% | +1.85% |
| % Change year | +1.62% | +3.85% | +12.72% | +8.69% | +19.51% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.1792 | 26.1 | 29.3692 | 31.7661 | 18.2867 |
| $ Change | 0.0354 | 0.0915 | 0.1680 | 0.2138 | 0.1405 |
| % Change day | +0.18% | +0.35% | +0.58% | +0.68% | +0.77% |
| % Change week | +0.18% | +0.35% | +0.58% | +0.68% | +0.77% |
| % Change month | +0.25% | +0.42% | +0.65% | +0.75% | +0.85% |
| % Change year | +4.18% | +6.63% | +9.44% | +10.79% | +12.01% |
