01/03/19

Good Evening, So far 2019 has gotten off to a volatile start. Is anyone surprised? Today the market plunged into one of it’s worst days since August of 2011.  Downward adjusted guidance by Apple and concerns of a slowing global economy fueled the decline. Adding to the concern about the global economy was a poor manufacturing index report in the US. Investors who hoped the trade war would have only a minimal effect in the US were forced to reconsider. That’s the fundamental stuff that tells you (when it’s not lying) why what is happening is happening. I always provide a link below with the latest market news. It gives us something to talk about but in the end it’s what’s happening which represented by the price action  that is all that matters. I honestly feel like I am a better analyst when I don’t read the news. Right now all the indicators that I follow in addition to the charts for all our TSP equity based funds are throwing up sell signals. There’s not really much else to consider. Enough said……

The days blood bath left us with the following results: Our TSP allotment was steady in the G Fund. For comparison, the Dow fell a whopping 2.83%, the Nasdaq -3.04% and the S&P -2.48%. Praise God for guiding us to the G Fund. If you weren’t in the G or the F Fund today you felt some serious pain. Don’t forget! It’s not what you make that’s important. It’s what you keep!!!

 

Wall Street plunges as factory data, Apple warning fuel slowdown fears

The days action left us with the following signals: C-Sell, S-Neutral, I-Neutral, F-Buy. We are currently invested at 100/G. Our allocation is now +0.02% for 2019. Here are the latest posted results:

 

01/03/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.9961 18.2683 35.1161 43.2176 26.4053
$ Change 0.0012 0.0996 -0.8822 -0.7586 -0.1285
% Change day +0.01% +0.55% -2.45% -1.72% -0.48%
% Change week +0.02% +0.69% -2.33% -1.73% -1.15%
% Change month +0.02% +0.69% -2.33% -1.73% -1.15%
% Change year +0.02% +0.69% -2.33% -1.73% -1.15%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.6271 26.6553 29.3183 31.4315 17.9603
$ Change -0.0618 -0.1330 -0.2997 -0.3849 -0.2516
% Change day -0.31% -0.50% -1.01% -1.21% -1.38%
% Change week -0.32% -0.52% -1.07% -1.29% -1.48%
% Change month -0.32% -0.52% -1.07% -1.29% -1.48%
% Change year -0.32% -0.52% -1.08% -1.29% -1.48%

 

 

 Now lets take a look at the charts. All signals are annotated with green circles. If you click on the charts they will become larger.
C Fund:
S Fund:
I Fund:
F Fund: If the Fed holds off on interest rate increases the F Fund will keep rising. I’m not in it because of the uncertainty of the rate increases but I certainly wouldn’t discourage anyone that wants to invest here. It has been a very good trade up to this point to say the least. Once again the key is the interest rates. If they go up the F Fund will ultimately go down. For that reason I was concerned that this trade might unwind. All that said, it could definitely keep running!
Our task now is to monitor the charts of our equity based funds for a new uptrend. However, at the present time the trend is still down. That’s all for tonight. Have a great evening and may God continue to bless your trades.
God bless, Scott Sunglasses
 
 ***Just a reminder that you can review the performance of our allocation at the Web Site TSPTALK.com in the autotracker section under the screen name KyFan1.
 
 
I produce and publish this blog as both a ministry and for the benefit of any Federal Government Employee. This is done to offer you some guidance as to how to approach your retirement more financially successful. When it is time for you to retire, I recommend you utilize the services of a Professional Money Manager, who works with a reputable investment firm. He understands the guidance you have already received and he can manage your savings assets utilizing a more advanced investment program into the future. 
 
If you would like to receive more information about this introduction, please feel free to contact me at  [email protected]. 

 

 

 

 

 

 

 



Written By

Scott Grimes

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