02/22/18

Good Evening, The market started off slow this morning and then spiked on dovish comments by Fed member James Bullard. Stocks remained high until late in the after noon and then sold off sticking with the current trend of weak closes. The trend of poor closes is not something that we want to see continue. It often leads to more serious market behavior down the road. Nevertheless, we remain in no mans land for now. A lot of the charts for individual stocks that I’m looking at are bullish. So I’m feeling that there is still a little money to be made heading into the spring. Then we’ll need to take a close look at it….

The days trading left us with the following results: Our TSP allotment managed to hang on to a small gain of +0.10%. For comparison, the Dow was up +0.66%. the Nasdaq fell -0.11%, and the S&P 500 was +0.10%.

 

Dow, S&P climb on energy and industrials; Nasdaq falls

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested at 100/C. Our allocation is now +0.30% on the year not including the days results. Here are the latest posted results:

 

02/21/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.5962 17.673 38.0987 48.6027 30.8525
$ Change 0.0012 -0.0446 -0.2100 -0.0742 -0.2656
% Change day +0.01% -0.25% -0.55% -0.15% -0.85%
% Change week +0.04% -0.33% -1.12% -0.85% -1.34%
% Change month +0.16% -1.32% -4.19% -2.96% -4.77%
% Change year +0.36% -2.44% +1.30% +0.28% -0.01%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.612 26.9945 30.8839 33.6464 19.5012
$ Change -0.0248 -0.0582 -0.1140 -0.1459 -0.0950
% Change day -0.13% -0.22% -0.37% -0.43% -0.48%
% Change week -0.22% -0.40% -0.71% -0.84% -0.96%
% Change month -0.78% -1.43% -2.56% -3.05% -3.46%
% Change year +0.31% +0.39% +0.48% +0.50% +0.54%

 

 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:
The market in 2018 has definitely taken on a different character. Increased volatility is one characteristic and daily reversals are another. We’ll have to keep a very close eye on our charts. That’s all for tonight. Have a nice evening and may God continue to bless your trades.
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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