Good Evening, The market rallied on increased expectations that a corporate tax cut will pass before the weeks end. The republicans picked up another key vote from Senator Susan Collins that all but insures passage of the tax reform bill. Also adding to the good mood was the continued frothy bitcoin speculation. It sure reminds me of the tech bubble in 2000 but a lot of folks are making a lot of money and that is making them feel very good indeed which makes me wonder how they will feel when all the bitcoin related stocks take a dive. I have a slight concern that it may be a drag on the market as a whole when that day comes and rest assured, it will come. Finally, you have one of most bullish seasonal periods of the year over the next two weeks. This is all exceptionally good for us as it is also the most bullish times of the year for small caps which will do nothing but benefit our allocation which is 100% invested in the S Fund. That’s the reason it pays to stick with your plan when you don’t have a solid reason to leave it. Panic is never a good strategy. We could have moved to the G Fund when all the negative news came out concerning passage of the tax bill, but instead we stuck to our plan and now we will now be rewarded for discipline! Praise God for His guidance!
The days trading left us with the following results: Our TSP allotment had a nice gain of +1.17%. For comparison, the Dow added +0.57%, the Nasdaq +0.84%, and the S&P 500 +0.54%. We carried the day! The small caps in our S Fund boosted it’s overall performance. That’s what small caps usually do this time of year!
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +18.42% for the year not including the days results. Here are the latest posted results:
12/15/17 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.5244 | 18.1315 | 37.6209 | 48.0689 | 30.1911 |
$ Change | 0.0010 | -0.0030 | 0.3370 | 0.5502 | -0.1282 |
% Change day | +0.01% | -0.02% | +0.90% | +1.16% | -0.42% |
% Change week | +0.05% | +0.29% | +0.95% | +0.32% | +0.14% |
% Change month | +0.10% | +0.57% | +1.14% | -0.35% | -0.59% |
% Change year | +2.22% | +3.92% | +21.86% | +17.25% | +22.72% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.507 | 26.8012 | 30.5827 | 33.2854 | 19.2702 |
$ Change | 0.0217 | 0.0535 | 0.1023 | 0.1317 | 0.0870 |
% Change day | +0.11% | +0.20% | +0.34% | +0.40% | +0.45% |
% Change week | +0.17% | +0.27% | +0.41% | +0.47% | +0.52% |
% Change month | +0.19% | +0.24% | +0.31% | +0.33% | +0.34% |
% Change year | +5.96% | +9.49% | +13.96% | +16.09% | +18.04% |
