Good Evening, The market dropped today as investors worried about two areas #1 Taiwan Semiconductor (TSC) warned that demand of smart phone chips has decreased sending the tech sector down. And #2 Bonds continued to weaken sending yields higher. This concerns investors in two ways. First when yields are high, investors favor bonds over equities including sectors such as consumer staples and real estate, which promise high dividends and slow, predictable growth. Second. when yields increase interest rates increase and higher interest rates are not market friendly with the exception of the financial sector. Banks make more money when interest rates are high…. While the major indices took a dip the last two days they did manage to post a small gain for the week making it their second consecutive week with a gain.
The days trading left us with the following results: Our TSP allotment fell back -0.57%. For comparison, the Dow dropped -0.82%, the Nasdaq -1.27%, and the S&P 500 -0.85%.
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 +1.68% on the year not including the days results. Here are the latest posted results.
| 04/19/18 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 15.6649 | 17.739 | 38.0929 | 49.6932 | 31.3788 |
| $ Change | 0.0012 | -0.0476 | -0.2147 | -0.2776 | -0.0037 |
| % Change day | +0.01% | -0.27% | -0.56% | -0.56% | -0.01% |
| % Change week | +0.05% | -0.42% | +1.40% | +1.75% | +1.17% |
| % Change month | +0.14% | -0.63% | +2.07% | +2.42% | +2.81% |
| % Change year | +0.80% | -2.08% | +1.28% | +2.53% | +1.70% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.7185 | 27.1441 | 31.1065 | 33.9093 | 19.6637 |
| $ Change | -0.0176 | -0.0394 | -0.0799 | -0.1028 | -0.0672 |
| % Change day | -0.09% | -0.14% | -0.26% | -0.30% | -0.34% |
| % Change week | +0.29% | +0.46% | +0.83% | +0.98% | +1.12% |
| % Change month | +0.54% | +0.80% | +1.43% | +1.68% | +1.91% |
| % Change year | +0.86% | +0.94% | +1.20% | +1.29% | +1.38% |
