Good Evening, More trade news and another swing! Today the Chinese released a statement saying that the US would have to change it’s wrong ways in order for trade talks to move forward. The result was another sizable sell off. I wouldn’t term it as panic selling. It was more like high anxiety selling. It was good for our group though. Bonds were back in vogue. Our allocation in the F Fund posted a modest gain on this otherwise dismal day! As I mentioned several times recently, this volatile action will continue until we get a resolution to the trade war between the US and China. I will also point out that the action continues to have a negative bias. In other words it continues to drift lower. And one more thing. I’,m sure with the long weekend approaching that many traders don’t want to hold stocks for three days given the high level of anxiety so they started dumping them adding to the days downtrend. My point in mentioning that is that the market should be primed for a nice bounce on Tuesday. We will see…..I don’t expect much tomorrow for the aforementioned reason. But you never know these days. We could be one tweet away from a major rally.
The days selling left us with the following results: Our TSP allocation posted a gain of +0.29%. For comparison, the Dow lost 1.11%, the Nasdaq -1.58%, and the S&P 500 -1.19%. Praise God for a good day the F Fund!
The weeks action left us with the following signals: C-Sell, S-Sell, I-Sell, F-Buy. We are currently invested at 100/F. Our allocation is now +10.34% on the year not including the days results. Here are the latest posted results:
05/22/19 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 16.1569 | 18.7858 | 41.2926 | 51.132 | 29.4487 |
$ Change | 0.0011 | 0.0266 | -0.1162 | -0.3556 | -0.0595 |
% Change day | +0.01% | +0.14% | -0.28% | -0.69% | -0.20% |
% Change week | +0.03% | -0.02% | -0.11% | -0.24% | -0.31% |
% Change month | +0.15% | +0.56% | -2.87% | -3.33% | -2.71% |
% Change year | +1.03% | +3.54% | +14.85% | +16.27% | +10.24% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 20.4048 | 28.0652 | 32.171 | 35.0371 | 20.2909 |
$ Change | -0.0103 | -0.0207 | -0.0568 | -0.0754 | -0.0508 |
% Change day | -0.05% | -0.07% | -0.18% | -0.21% | -0.25% |
% Change week | -0.02% | -0.03% | -0.11% | -0.14% | -0.16% |
% Change month | -0.45% | -0.67% | -1.64% | -1.99% | -2.30% |
% Change year | +3.63% | +4.75% | +8.55% | +10.03% | +11.31% |
