JPH543 Jeremy's Account Talk

[JPH543]

10-Day Wind Report (16MAR-27MAR):

60% Tailwind. Gains were increased or losses were reduced on the day.
40% Headwind. Losses were increased or gains were reduced on the day.

Total Tailwind adjustments: 2.62%
Total Headwind adjustments: 2.56%

Net Adjustment: 0.06%

Notes: Just barely had an overall positive adjustment this cycle.

 

[JPH543]

30MAR2026:
ACWX: -0.06%
UUP: +0.50%
TSP I Fund: -0.05%
Fair Valuation Adjustment: Tailwind losses were reduced.
Next day open: Up

Smallest adjustment I've seen .01%.

 

[JPH543]

31MAR2026:
ACWX: +3.29%
UUP: -0.71%
TSP I Fund: +2.28%
Fair Valuation Adjustment: Headwind gains were reduced.
Next day open: Up

A trend I am noticing is when there is late day movement in the ACWX, TSP is adjusting to what it was doing around 1 pm eastern.

 

[JPH543]

01APR2026:
ACWX: +1.34%
UUP: -0.18%
TSP I Fund: +2.11%
Fair Valuation Adjustment: Tailwind gains were increased.
Next day open: Big down

The ACWX peaked around +2% at 1pm yesterday and the TSP adjusted back up to +2.1% last night after closing, kicking off April with favorable winds.

 

[JPH543]

02APR2026:
ACWX: -0.66%
UUP: +0.47%
TSP I Fund: -0.76%
Fair Valuation Adjustment: Headwind losses were increased.
Next day open: (after holiday weekend)

Strong day for the dollar so the I fund lagged behind the C & S and we got a wind reversal, but it was a minor adjustment. Graph looked flat for most of the day but losses were a bit higher around 12-1 pm so between that and the dollar going up the headwind adjustment makes sense.

 

[JPH543]

10-Day Wind Report (23MAR-03APR):

56% Tailwind. Gains were increased or losses were reduced on the day.
44% Headwind. Losses were increased or gains were reduced on the day.

Total Tailwind adjustments: 1.69%
Total Headwind adjustments: 2.33%

Net Adjustment: 0.64%

Notes: 9 days only in this report since the market is closed today. One more tailwind day this period but the headwinds were still stronger so a larger unfavorable net adjustment for this period.

 

[JPH543]

Now that March is over here are the fair valuation adjustments for the entire month. We had 22 trading days. 12 days had positive tailwind adjustments and 10 days were negative headwind adjustments.

Total Tailwind adjustments: 5.07%

Total Headwind adjustments: 6.55%

Net Adjustment: 1.48%

The headwinds blew a few less days but were overall stronger for the month. The trend was late day gains in the ACWX being dampened back down and then going into after hours or overnight reversals that were never recovered the next day. Let's see what the showers of April have in store.