Good Evening, Just a quick note before I start. I will be in the hospital for a few days to have a knee replaced so I won’t be posting during that time. However, I will be watching the market closely and will put out an alert if I am moving my money. I hate to do it but what can I say? The BOP and ten years of SORT in particular were hard on my knees. I guess there is a reason that Federal Law Enforcement Officers and Firefighters retire at 57…….LOL
Positive sentiment from Friday and optimism about the trade meetings between China and the US moved stocks higher again today. A lot of folks are proclaiming the bottom is in. I’ll admit that a bottom could be starting to form. The key word is could. Be aware that bear markets produce the biggest bounces. So far this is only a bear market bounce. Back in the old days market players would be talking about a possible bull trap instead of how we are all being left behind. The truth is that nobody knows just yet whether it’s a bear market bounce or if the market will be moving higher. One thing is for sure. There will be a pullback. That is not an if, it is a when! And when it takes place I believe it’s possible that the lows of December could be retested. If support holds then you will know we are heading higher and that in fact the bear market is likely over. If support does not hold you will know we are in for a leg lower. That is the reason I keep telling you all this is a high risk period. There is still a good chance that this thing could go lower! Nonetheless, if you gamble and the market moves higher you get to keep all the returns. That’s what makes it high risk/ high reward. Here’s my position. I am risk off until I start seeing buy signals on the charts and the additional indicators that I follow let me know the coast it clear.
The days trading left us with the following results: Our TSP allotment was steady in the G Fund. For comparison, the Dow added +0.42%, the Nasdaq +1.26%, and the S&P 500 +0.70%. Small caps ruled the day though. The S Fund had another nice gain of +1.74%.
The days trading left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested at 100/G. Our allocation is now +0.05% for the year. Here are the latest posted results:
| 01/07/19 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 16.0009 | 18.1788 | 36.5768 | 45.5472 | 27.2332 |
| $ Change | 0.0036 | -0.0049 | 0.2548 | 0.7660 | 0.0433 |
| % Change day | +0.02% | -0.03% | +0.70% | +1.71% | +0.16% |
| % Change week | +0.02% | -0.03% | +0.70% | +1.71% | +0.16% |
| % Change month | +0.05% | +0.20% | +1.74% | +3.57% | +1.95% |
| % Change year | +0.05% | +0.20% | +1.74% | +3.57% | +1.95% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 19.7808 | 26.971 | 30.0121 | 32.3227 | 18.5436 |
| $ Change | 0.0297 | 0.0559 | 0.1215 | 0.1562 | 0.1026 |
| % Change day | +0.15% | +0.21% | +0.41% | +0.49% | +0.56% |
| % Change week | +0.15% | +0.21% | +0.41% | +0.49% | +0.56% |
| % Change month | +0.46% | +0.66% | +1.27% | +1.51% | +1.72% |
| % Change year | +0.46% | +0.66% | +1.27% | +1.51% | +1.72% |
