01/03/17

Good Evening, Well, the first trading day in 2017 got off to a good start. Actually, it was a great start until oil prices dropped turning a great day into a good day. Not that I’m complaining though. I really thought we’d start the year with a nice drop, but that was not to be as manufacturing numbers in the US and China both came in strong. Also bolstering the market was a report putting construction at it’s highest level since 2013. All things considered we’re off to a good start with our TSP allotment beginning the year +0.62% in the green! 2016 ended up being a decent year for our group as well with a return of 8.73%. Hopefully, the adjustments we made to our indicators late in 2016 will allow us to outperform the market in 2017!

 

Dow’s March to 20,000 Hits Another Snag as Crude Settles at Two-Week Low

 

Just a short message tonight! Have a great evening.

God bless, Scott



Written By

Scott Grimes

  • 03/23/26

    Good Morning, Is there anyone that thinks this market isn’t news driven right now? This is what things have clearly evolved to be in the 2000’s. Every one has a computer or phone and most have both giving them instant access to news and trading. In most cases there is not even the delay of…

  • 03/16/26

    Good Morning, Either I am more aware of things than I used to be or the markets these days are just more stressful. I honestly think its the latter. This market is an every other day affair right now. Eventually the current state of affairs will settle down, but for now this is it! So….I…

  • 03/09/26

    Good Day, The sky is falling!! The sky is falling!!! Oil is 100 dollars a barrel. Stagflation is on the way! Oh my, what will we do! Panic Panic Panic! Just listen to the news and you’ll make a bad decision for sure.  Here he goes again! Panic is not a strategy. Folks, we discussed…