02/04/2020

Good Evening, Today the Chinese Central Bank better known as the PBOC (People Bank of China) increased it’s stimulus for their market. The idea of course is to give their economy a lift through the corona virus outbreak. They knew that the corona virus would definitely be a short term drag on their economy. So they decided to give it a boost by injecting 1.7 trillion yuan into their financial system using something called reverse repos. Don’t ask me what those are because I don’t know either. I’m going to have to research that one. Anyway, the move seemed to stabilize their economy while giving a boost to world markets as well. I can’t say that the corona roller coaster ride is over but this should give you a solid idea of what the world market will do when the outbreak is finally in the rear view mirror. At least until the next crisis…….

The days trading left us with the following results: Our TSP allotment had a really nice day gaining +1.50%. For comparison, the Dow added +1.44%, the Nasdaq +2.10%, and the S&P 500 +1.50%. Praise God for a really good day!

 

Wall Street jumps as China stimulus measures soothe virus worries

The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/C. Our allocation is now +0.68% on the year not including the days gains. Here are the latest posted results:

 

 

02/03/20 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.3803 20.1019 47.5827 56.6647 31.9146
$ Change 0.0026 0.0069 0.3432 0.7354 0.0902
% Change day +0.02% +0.03% +0.73% +1.31% +0.28%
% Change week +0.02% +0.03% +0.73% +1.31% +0.28%
% Change month +0.02% +0.03% +0.73% +1.31% +0.28%
% Change year +0.18% +1.95% +0.68% +0.69% -2.45%
  L INC L 2020 L 2030 L 2040 L 2050
Price 21.2197 29.3522 34.834 38.3856 22.4442
$ Change 0.0321 0.0498 0.1384 0.1820 0.1219
% Change day +0.15% +0.17% +0.40% +0.48% +0.55%
% Change week +0.15% +0.17% +0.40% +0.48% +0.55%
% Change month +0.15% +0.17% +0.40% +0.48% +0.55%
% Change year +0.16% +0.15% -0.05% -0.11% -0.17%

 

 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:
So far so good. Our charts kept us in the market and they were correct. I thank God who guides us every day! That’s all for tonight. 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

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