Good Evening, Well we got our quarter point rate hike yesterday. So that immediate crisis was avoided. The reaction was mixed and muted today as investors digested yesterdays Fed announcement. The Fed move was well anticipated and for the most part was already priced in. Investors main focus will now turn again to the trade negotiations with China as the trade ambassadors from both countries will meet again next week in Washington. While the mood is better, I would remind everyone that the differences between the two greatest economies remain deep and a broad based trade agreement is unlikely. The market will continue to experience volatility as each new piece of trade related news is released. The charts, however, are favorable at this time. So we will cautiously remain invested in equities.
The days trading left us with the following results: Our TSP allotment was flat a +0.00%. For comparison, the Dow fell -0.19%, the Nasdaq added +0.07%, and the S&P was even at +0.00%.
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/C. Our allocation is now +8.16% on the year not including the days results. Here are the latest posted results:
09/18/19 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 16.2693 | 19.5554 | 43.7534 | 52.8848 | 30.4176 |
$ Change | 0.0007 | 0.0316 | 0.0152 | -0.2308 | -0.0286 |
% Change day | +0.00% | +0.16% | +0.03% | -0.43% | -0.09% |
% Change week | +0.02% | +0.61% | -0.02% | +0.01% | -0.75% |
% Change month | +0.08% | -1.21% | +2.85% | +3.37% | +3.48% |
% Change year | +1.73% | +7.79% | +21.70% | +20.26% | +13.87% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 20.7651 | 28.6463 | 33.2598 | 36.3852 | 21.1457 |
$ Change | -0.0005 | -0.0019 | -0.0112 | -0.0164 | -0.0121 |
% Change day | +0.00% | -0.01% | -0.03% | -0.05% | -0.06% |
% Change week | +0.00% | -0.02% | -0.11% | -0.14% | -0.17% |
% Change month | +0.65% | +0.82% | +1.83% | +2.18% | +2.49% |
% Change year | +5.46% | +6.91% | +12.22% | +14.27% | +16.00% |
C Fund:
S Fund:
I Fund:
F Fund:
Nothing to add here. That’s all for tonight! Have a great evening and may God continue to bless your trades.
