01/15/16

Good Evening, At least it is for us! Last night we talked about how it was a really good day, but that the charts didn’t indicate that it was anything more than an oversold bounce. Today’s massive sell off proved that our caution was warranted! Oil had a bad day and again, the market followed suite. Is there anybody out there that doubts our bear market call? If so, by all means, be the first to buy and hold. Meanwhile, I will praise God for guiding us into the G Fund as He has done in all the sell offs since 1997. That’s right, He hasn’t failed us even one time. Believe what you will, but that’s my story and I’m sticking to it!! Our main theme here at My TSP Guide is that “It’s not what you make that’s important. It’s what you keep!!”

Today’s sell off left us with the following results: Our TSP allotment was steady in the G Fund. For comparison, the Dow was slaughtered at -2.16%, the Nasdaq -2,74%, and the S&P 500 -2.16%. There should be little doubt now. We are in a downtrend!

 

Wall St. hemorrhages as oil falls and China fears deepen

 

The days action left us with the following signals: C-Sell, S-Sell, I-Sell, F-Buy. We are currently invested at 100/G. Our allocation is now +0.09% on the year not including the day’s results. Here are the latest posted results:

 

01/14/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.9282 17.0809 25.9365 31.987 22.6033
$ Change 0.0010 -0.0355 0.4266 0.3891 0.1453
% Change day +0.01% -0.21% +1.67% +1.23% +0.65%
% Change week +0.04% +0.09% +0.01% -2.21% +0.21%
% Change month +0.09% +0.74% -5.90% -9.22% -6.19%
% Change year +0.09% +0.74% -5.90% -9.22% -6.19%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.5607 22.5081 24.0234 25.2841 14.1937
$ Change 0.0434 0.1329 0.1941 0.2367 0.1511
% Change day +0.25% +0.59% +0.81% +0.95% +1.08%
% Change week -0.02% -0.10% -0.17% -0.22% -0.27%
% Change month -1.20% -3.02% -4.15% -4.85% -5.54%
% Change year -1.20% -3.02% -4.15% -4.85% -5.54%

 

 Lets take a look at the charts: (All signals annotated with Green Circles) If you click on the charts they will become larger!
C Fund:
C Fund
S Fund:
S Fund
I Fund:
I Fund
F Fund:
F Fund

It’s all cut and dried. We are in a bear market and we’re waiting for our charts to show us the bottom. You must be patient as you wait. Remember, failed bounces are a trademark of a bear market! We must wait until we have confirmation of an uptrend on our charts before we jump back into equities. Those of you who opted for the F Fund beware of an interest rate increase. I must add, though, that today’s massive selloff put any future interest rate increase in doubt. You may have made the right call on this one! That’s all for this week. You can all have a restful weekend knowing that your hard earned retirement money is safe! Give God all the praise!
 
 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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