01/03/18

Good Evening, The Fed minutes were released this afternoon and indicate that Fed Members believe that the Trump agenda is already giving a lift to the economy and the markets. That was followed up with news that the Institute for Supply Management manufacturing index rose to 59.7 in December from 58.2 in November. That news was all the conformation that the market needed to push higher. Before you even get started please understand that I only comment on politics as it effects that market. I understand that it is a highly controversial subject so I will give you the following advise. Don’t let your political leanings one way or the other effect your judgement. Those that said the market was going to tank under Obama missed out on some nice gains and those that said the market was heading for disaster when Trump was elected again missed out on some nice gains. Keep your emotions and opinions out of your investment decision making. Never anticipate and always react! While we’re on the subject, the talking heads are calling for a 10% correction in January. I also believe that there will be a decline. As to whether or not it will be 10 %……. I’m not so sure. But either way our plan is the same. We will watch our charts and we will look for a rally or a correction everyday, not just when Joe Smoe on CNBC says the market is going to move up or down. It’s OK to look for a certain out come. It is not OK to make a decision because you are expecting a certain out come. These guys are wrong as much as they are right. But you know the funny thing? Nobody ever remembers when they were wrong. Only when they got it right. Now there’s some food for thought.

The days trading left us with the following results: Our TSP allotment added +0.22%. For comparison, the Dow gained +0.40%, the Nasdaq +0.84%, and the S&P 500 +0.64%. I thank God for another day in the green.

 

S&P 500 tops 2,700 on tech advance; Dow, Nasdaq hit records

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +0.82% on the year not including the day’s results. Here are the latest posted results:

 

01/02/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.5426 18.0638 37.9236 48.8657 30.9194
$ Change 0.0021 -0.0512 0.3133 0.3996 0.0638
% Change day +0.01% -0.28% +0.83% +0.82% +0.21%
% Change week +0.01% -0.28% +0.83% +0.82% +0.21%
% Change month +0.01% -0.28% +0.83% +0.82% +0.21%
% Change year +0.01% -0.28% +0.83% +0.82% +0.21%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.5742 26.9502 30.8534 33.6297 19.4969
$ Change 0.0236 0.0600 0.1172 0.1510 0.1003
% Change day +0.12% +0.22% +0.38% +0.45% +0.52%
% Change week +0.12% +0.22% +0.38% +0.45% +0.52%
% Change month +0.12% +0.22% +0.38% +0.45% +0.52%
% Change year +0.12% +0.22% +0.38% +0.45% +0.52%

 

 

 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:
I’ll admit, I’m a little perplexed as to why the S Fund is not performing better than it is. However, I’m going to be patient and give it a few days. If things don’t pick up, then I’ll switch to the fund with the overall best chart. The fund with the best chart currently is the C Fund, but that might not be the case when and if we make a change. The important thing is that our equity based charts are all making gains! If you haven’t already done so take a little time to thank God for the good year we had and the good year we’re going to have. Give Him all the praise! That’s all for tonight. Have a nice evening and I’ll see you tomorrow.
God bless, Scott 8-)
 
 ***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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