10/08/19

Good Evening, Surprised? You really shouldn’t be. We talked about this before the trade. So far it has not gone well but the issue is far from decided. The market sold off again today in a major sort of way as more negative stuff came out on the trade negotiations. Are there any of you that need me to to say those trade negotiations are with China?? I didn’t  think so but I mentioned just the same in case we ...

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10/03/19

Good Evening, I wasn’t kidding when I told you that our current trade would be a wild ride. The market continued to sell off yesterday on renewed concerns of a world recession and more political drama. However, the bad news is good news thing got us moving higher again today. The market dropped after the Institute for Supply Management (ISM) said its non-manufacturing activity index fell to a reading of 52.6 in September, the lowest since August 2016. However, investors decided ...

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09/30/19

Good Evening, Well lets close out the books on another September. We survived to invest another month. The market eased off to end the month on a positive note after putting up negative numbers last week. Today’s optimism was generated by an announcement by the Trump administration that last weeks report that the administration was considering delisting several Chinese companies from the US stock exchange was “fake news”. My my, didn’t the aglo’s have a field day with that one… ...

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09/26/19

Good Evening, The market traded sideways with a slightly negative twist as investors weighed impeachment talk from the Democrats against positive comments from China’s top trade negotiator. Were it not for the impeachment proceedings the market would likely be moving higher. It is showing resiliency by staying afloat with so many negative issues. There is little doubt that it wants to rally and will do so given any relief at all from the many negative influences that keep popping up.

The ...

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09/24/19

Good Evening, The wild ride continued today as the market reversed course and sold off after Democrats increased their calls for the impeachment of President Donald Trump. Also contributing to the slide were harsh remarks made concerning trade with China at the United Nations today by President Trump. Up to now they political stuff hasn’t bothered the market too much. It has become mostly immune to the constant feuding between Democrats and Republicans. However, serious consideration of impeachment proceedings grabbed ...

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09/19/2019

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 ...

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09/17/19

Good Evening, The market bounced back today after a modest selloff yesterday resulting from  a drone attack that wiped out a great deal of Saudi Arabia’s oil refining capacity. Tension in the middle east is always a drag on the market as such a large amount of the worlds oil supply comes from the region. Iran (surprise) is being blamed for the attack. Along with that we have the Fed closing out it’s September meeting tomorrow. It is widely anticipated ...

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09/12/19

Good Evening, The market moved higher today strengthened by optimism on trade and the world economy. The US and China made reciprocating gestures to ease tensions in the trade war ahead of meetings in October. While these were only small gestures  (you can read about them in the news link below or on our Facebook page) the market felt good about the spirit in which they were made. Lets say investors are cautiously optimistic and leave it at that. Also ...

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******Interfund Transfer*******

Good Evening, It’s time to adjust our allocation. The new allocation is 100/C. Please remember that this is the percentage of money that we have invested in each fund, not the money that is taken from your check and deposited into thrift. That deposit should always be 100% G Fund. That automatically protects your deposit in the event that it is made on a bad day for the market. The funds that ...
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09/10/19

Good Evening, This market is never dull. Today investors sold high flying tech stocks and bought beaten down financial and energy stocks. In simpler terms they sold growth and bought value. They also sold interest rate sensitive stocks such as Real Estate and Utilities. Make no doubt about it. That is a clear signal that bond yields are rising. Which brings me to the main subject of the evening. We are currently invested in bonds should we stay there? This ...

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