02/06/19

Good Evening, The rally paused today as stocks consolidated after a nice run in the end of January and beginning of February. Investors are also awaiting fresh news on the trade negotiations with China before making any big moves. Although, nothing is really expected to take place until March. There are several talking heads that are saying that most of the gains for 2019 are in the rear view mirror. I’ve got to say that I’m a little skeptical of that view. First of all, my charts are looking pretty good and second, the major indices still have 7 percent or so to go before they return to October highs. Given the possibility of a trade deal with China I would say that they have a good chance of regaining that level before they stall. We will see.

The days trading left us with the following results: Our TSP allotment slipped -0.18%. For comparison, the Dow was off -0.08%, and the S&P 500 -0.22%.

 

Wall Street rally pauses after underwhelming revenue forecasts

The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Buy. We are currently invested at 100/S. Our allocation is now +3.62% for the year not including the days results. Here are the latest posted results.

 

02/05/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.0354 18.3047 39.3208 49.9517 28.7218
$ Change 0.0011 0.0337 0.1843 0.1696 0.2900
% Change day +0.01% +0.18% +0.47% +0.34% +1.02%
% Change week +0.03% +0.07% +1.15% +1.27% +0.92%
% Change month +0.04% -0.17% +1.26% +1.74% +0.86%
% Change year +0.27% +0.89% +9.37% +13.59% +7.52%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.1019 27.5704 31.3174 33.9937 19.6347
$ Change 0.0299 0.0565 0.1255 0.1612 0.1052
% Change day +0.15% +0.21% +0.40% +0.48% +0.54%
% Change week +0.25% +0.34% +0.67% +0.79% +0.90%
% Change month +0.26% +0.36% +0.71% +0.85% +0.97%
% Change year +2.09% +2.90% +5.67% +6.76% +7.71%

 

 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:
Our task remains the same. To watch our charts for new developments. 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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