Good Evening, Don’t be mistaken, the only news that really matters right now is news about trade negotiations with China. The market has had enough with hints from minor officials. It is ready for action and nothing else will do. The fourth quarter GDP was finally released today after being delayed by the government shutdown and came in better than expected. Normally this would be enough to move the market higher but not today. The market has become impatient with the speed of the trade negotiations and nothing less than a deal will do! The result was a market that struggled today with all the major indices posting moderate losses. Actually, the S&P and Dow both registered their third straight day of losses. We’re going nowhere fast until this issue is resolved!
The days trading left us with the following results: Our TSP allotment fell back -0.35%. For comparison, the Dow dropped -0.27%, the Nasdaq -0.29%, and the S&P 500 -0.28%.
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 +7.31% on the year not including the days results. Here are the latest posted results:
02/27/19 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 16.0605 | 18.3367 | 40.1799 | 51.7294 | 29.2745 |
$ Change | 0.0012 | -0.0484 | -0.0152 | 0.2293 | -0.0019 |
% Change day | +0.01% | -0.26% | -0.04% | +0.45% | -0.01% |
% Change week | +0.04% | -0.14% | +0.02% | -0.05% | +0.57% |
% Change month | +0.19% | +0.00% | +3.47% | +5.36% | +2.80% |
% Change year | +0.43% | +1.07% | +11.76% | +17.63% | +9.59% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 20.2211 | 27.7858 | 31.7697 | 34.5717 | 20.0126 |
$ Change | -0.0007 | -0.0003 | 0.0030 | 0.0051 | 0.0046 |
% Change day | +0.00% | +0.00% | +0.01% | +0.01% | +0.02% |
% Change week | +0.06% | +0.07% | +0.12% | +0.14% | +0.16% |
% Change month | +0.85% | +1.14% | +2.17% | +2.57% | +2.91% |
% Change year | +2.70% | +3.70% | +7.20% | +8.57% | +9.78% |
At this point it’s hurry up and wait. Our task is to monitor our charts to make sure that conditions don’t deteriorate too much while we wait. That’s all for tonight. Have a great evening and may God continue to bless your trades.
