Good evening, TSPwire Tactical Investor!
It never seize to amaze us how blind investors can be. We kept telling in our newsletters that Feds will not reduce rates any time soon. It is just not possible because of value of dollar and US economy growth. On Tuesday investors who finally got the message rushed for the door which ignited sell-off on US Stock markets. On Friday we observed a strong rebound which covered portion of losses. We hope that majority of speculators that were hoping for rate cut removed themselves from the market and now we will see market appreciation that will be based on economy growth.
Results of our model yield scores lower comparing to the last week. I, C and S Funds were downgraded from STRONG BUY to BUY. F Fund yielded STRONG SELL signal all over again.
Based on results we decided to keep same distribution this week - 50% I Fund, 30% S Fund and 20% C Fund.