01/07/19

Good Evening, Just a quick note before I start. I will be in the hospital for a few days to have a knee replaced so I won’t be posting during that time. However, I will be watching the market closely and will put out an alert if I am moving my money. I hate to do it but what can I say? The BOP and ten years of SORT in particular were hard on my knees. I guess there is a reason that Federal Law Enforcement Officers and Firefighters retire at 57…….LOL

Positive sentiment from Friday and optimism about the trade meetings between China and the US moved stocks higher again today. A lot of folks are proclaiming the bottom is in. I’ll admit that a bottom could be starting to form. The key word is could. Be aware that bear markets produce the biggest bounces. So far this is only a bear market bounce. Back in the old days market players would be talking about a possible bull trap instead of how we are all being left behind. The truth is that nobody knows just yet whether it’s a bear market bounce or if the market will be moving higher. One thing is for sure. There will be a pullback. That is not an if, it is a when! And when it takes place I believe it’s possible that the lows of December could be retested. If support holds then you will know we are heading higher and that in fact the bear market is likely over. If support does not hold you will know we are in for a leg lower. That is the reason I keep telling you all this is a high risk period. There is still a good chance that this thing could go lower! Nonetheless, if you gamble and the market moves higher you get to keep all the returns. That’s what makes it high risk/ high reward. Here’s my position. I am risk off until I start seeing buy signals on the charts and the additional indicators that I follow let me know the coast it clear.

The days trading left us with the following results: Our TSP allotment was steady in the G Fund. For comparison, the Dow added +0.42%, the Nasdaq +1.26%, and the S&P 500 +0.70%. Small caps ruled the day though. The S Fund had another nice gain of +1.74%.

 

Amazon and Netflix push Wall Street higher

The days trading left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested at 100/G. Our allocation is now +0.05% for the year. Here are the latest posted results:

 

01/07/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.0009 18.1788 36.5768 45.5472 27.2332
$ Change 0.0036 -0.0049 0.2548 0.7660 0.0433
% Change day +0.02% -0.03% +0.70% +1.71% +0.16%
% Change week +0.02% -0.03% +0.70% +1.71% +0.16%
% Change month +0.05% +0.20% +1.74% +3.57% +1.95%
% Change year +0.05% +0.20% +1.74% +3.57% +1.95%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.7808 26.971 30.0121 32.3227 18.5436
$ Change 0.0297 0.0559 0.1215 0.1562 0.1026
% Change day +0.15% +0.21% +0.41% +0.49% +0.56%
% Change week +0.15% +0.21% +0.41% +0.49% +0.56%
% Change month +0.46% +0.66% +1.27% +1.51% +1.72%
% Change year +0.46% +0.66% +1.27% +1.51% +1.72%

 

 

 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 you want to know more about our current strategy I suggest pulling up that last few blogs from our archives. That’s all for tonight. Remember, good things come the those who are patient and pray. Speaking of prayer, I’m still praying for each one of you that are effected by this shutdown. May it end soon!  Have a nice 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

  • 04/21/25

    Good Afternoon, The sky is falling right??? Well…..that all depends on your point of view. One thing we can all agree on though. This is a difficult market. It is not a pleasant market to trade. I’ve had more than a few comments and questions mostly off the record. It’s going down we’re losing money….…

  • 04/15/2024

    Good Day, You can read about anything you want to read about the current market. If you have a certain point of view you can find an article to assuage your feelings. It’s nice to feel good, but that kind of feel good doesn’t necessarily make you money. Just because you can find someone who…

  • 04/07/25

    Good Morning, I hate writing about things like this. Nobody really wants to hear it but it’s something that must be done. Are my message boards flooded? Oh yeah. You’ve got the combination of an unprecedented global event coupled with the fact that a lot of folks that are trading now never experienced a market…