01/23/19

Good Evening, Concerns over the world economy weighed the market down today with the major indices oscillating between the green and red most of the day finally managing to finish in the green by the end of the day. Earnings beats by Procter Gamble, IBM, and United Technologies fueled the buying. The current market remains in a state of flux due to trade with China and the Government Shutdown. I think a lot of traders would like to sell but are afraid that good news from the aforementioned situations will leave them in the dust. Thus, the market can’t determine whether it should move higher or sell off. Although, I’m sure that should the government shutdown continue it will eventually take it’s toll and force the market lower. The discussion on the block today was that if the shutdown went on long enough that it could lead to zero GDP growth for the first quarter. If that wouldn’t take the market down then I’m not sure what would. That said, we’ll have to keep a close eye on our charts and see how they react to each notable event. For now I’m in. Hopefully our elected officials won’t be stupid enough to commit financial suicide just to to come out on the winning side of this debate.

The days trading left us with the following results: Our TSP allotment was off -0.27%. For comparison, the Dow gained +0.70%, the Nasdaq +0.08%, and the S&P 500 +0.22%.

 

Wall Street edges higher as upbeat earnings dampened by trade, shutdown woes

The days action left us with the following results: C-Buy, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now -1.45% on the year not including the days results. Here are the latest posted results:

 

01/22/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.0189 18.1906 37.7951 47.5084 27.9154
$ Change 0.0048 0.0489 -0.5414 -0.7631 -0.1455
% Change day +0.03% +0.27% -1.41% -1.58% -0.52%
% Change week +0.03% +0.27% -1.41% -1.58% -0.52%
% Change month +0.17% +0.26% +5.13% +8.03% +4.50%
% Change year +0.17% +0.26% +5.13% +8.03% +4.50%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9262 27.2419 30.5985 33.0714 19.0318
$ Change -0.0387 -0.0806 -0.2003 -0.2615 -0.1730
% Change day -0.19% -0.29% -0.65% -0.78% -0.90%
% Change week -0.19% -0.29% -0.65% -0.78% -0.90%
% Change month +1.20% +1.67% +3.24% +3.86% +4.40%
% Change year +1.20% +1.67% +3.24% +3.86% +4.40%

 

 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: The S Fund generated on overall neutral signal when the SCTR moved below 40.  Two or more negative signals or the 5 EMA below the 50 EMA or 200 EMA  or an SCTR below 40 generate a neutral signal. Any three indicators negative accompanied by both or either the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a sell signal. A buy signal is generated then the 5 EMA is above the 50 EMA and the 200 EMA, One or less indicators are negative, and the SCTR is higher than 40.
I Fund:
F Fund:
I will be honest with you when I say this market is a little more volatile than I like but the charts are still good and we could get a spike any day off of China Trade or the Shutdown.  So if that’s the case and it is, you must be in it to win it….. 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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