Good Evening, The United States and Mexico reached a trade agreement today and as we anticipated it moved the market higher. I am cautiously optimistic that we’ll see some follow though in the morning despite poor seasonality. Another factor that could add some heat to the fire is if this momentum can lead to an agreement with Canada. This little doubt that the agreement with Mexico turns of the heat on Canada. Although it will be a little more complicated, I am confident that an agreement will be reached with Canada as well. I’ll bet China is watching closely. Does this give them some incentive to reach an agreement with the U.S.??? We will see……
The days trading left us with the following results: Our TSP allotment added +0.48%. For comparison, the Dow added +1.01%, the Nasdaq +0.91%, and the S&P 500 +0.77%. We talked about the fact the the large cap stocks would out perform if a trade agreement was completed. I think today definitely qualifies. I’m going to need to see an agreement with Canada and China as well before I can be all on board with big caps, but this is definitely a step in the right direction.
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +10.90% on the year not including the days results. Here are the latest posted results:
08/24/18 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 15.8232 | 17.9796 | 40.9372 | 54.2007 | 30.1682 |
$ Change | 0.0013 | -0.0038 | 0.2527 | 0.3430 | 0.1516 |
% Change day | +0.01% | -0.02% | +0.62% | +0.64% | +0.51% |
% Change week | +0.06% | +0.27% | +0.88% | +1.81% | +1.57% |
% Change month | +0.20% | +0.78% | +2.25% | +3.64% | -2.18% |
% Change year | +1.82% | -0.75% | +8.85% | +11.83% | -2.23% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 20.0488 | 27.7011 | 32.0335 | 35.0478 | 20.3887 |
$ Change | 0.0245 | 0.0530 | 0.1140 | 0.1480 | 0.0979 |
% Change day | +0.12% | +0.19% | +0.36% | +0.42% | +0.48% |
% Change week | +0.30% | +0.44% | +0.78% | +0.92% | +1.05% |
% Change month | +0.42% | +0.53% | +0.80% | +0.92% | +1.02% |
% Change year | +2.55% | +3.02% | +4.22% | +4.69% | +5.11% |
So far so good. I have to say that I am actually pleased with August this year and I praise God for that! That’s all for tonight. Have a nice evening and may God continue to bless your trades.
