Good Evening, After taking a day off the market came back with a vengeance today. The only way to describe the buying was torrid. This uptrend is absolutely relentless. How relentless? My personal portfolio on the street was in the green for the 15th straight day. Now I’ve been doing this seriously since 1995 (actually longer than that but I’ve only been keeping serious records since then) and the previous number of positive days in a row that I had before this was 13. And you know what? I believe we’ll add to it tomorrow. About the only negative thing I can think of is that the action is maybe too good. Today Fed President William Dudley said tax cuts could lead to economic overheating. He predicted above-trend GDP growth with rising inflation in 2018. I’m not trying to be a pessimist but this is something we need to keep any eye on. I’m sure the Fed will have to cool things down but that is in the future and at the moment we are making money. I praise God for that! If we are faithful he will guide our hand when things finally do start to slow down. For now it’s forget the torpedoes and full speed ahead!
The days trading left us with the following results: Speaking of heating up guess what got hot today??? Small caps! Folks, that’s what we’ve been waiting for. Our TSP allotment scored a nice gain of +1.42%. Our patience is starting to pay off! For comparison, the Dow added +0.81%, the Nasdaq +0.81% and the S&P 500 was +0.70%. Thank God again for the wonderful day!
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. We are currently invested at 100/S. Our allocation is now +3.28% on the year. Here are the latest posted results:
01/11/18 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.5517 | 18.031 | 38.9572 | 50.0579 | 31.7895 |
$ Change | 0.0010 | 0.0244 | 0.2750 | 0.7233 | 0.0156 |
% Change day | +0.01% | +0.14% | +0.71% | +1.47% | +0.05% |
% Change week | +0.04% | -0.16% | +0.93% | +1.55% | +0.57% |
% Change month | +0.07% | -0.46% | +3.58% | +3.28% | +3.03% |
% Change year | +0.07% | -0.46% | +3.58% | +3.28% | +3.03% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 19.6863 | 27.2111 | 31.3663 | 34.2885 | 19.9306 |
$ Change | 0.0268 | 0.0625 | 0.1237 | 0.1608 | 0.1069 |
% Change day | +0.14% | +0.23% | +0.40% | +0.47% | +0.54% |
% Change week | +0.20% | +0.33% | +0.56% | +0.67% | +0.76% |
% Change month | +0.69% | +1.19% | +2.05% | +2.42% | +2.75% |
% Change year | +0.69% | +1.19% | +2.05% | +2.42% | +2.75% |
