02/27/18

Good Evening, I missed writing the blog yesterday as I was away on business and I was just thinking how I wish I had written the blog yesterday and missed today. Writing on days like this are no fun. Fed Chairman Jerome Powell testified before the Senate today and while he was’t necessarily hawkish he did leave the door open for a possible fourth rate increase in 2018. Actually, I felt like it was more cracked than open. Nonetheless, the market didn’t see it like I did and sold off on the speculation of higher rates. God forbid that we would wait until something actually happens before the selling started. At any rate that’s what happened and here are the results: Our TSP allotment sold off to the tune of -1.27%. For comparison the Dow dropped -1.16%, the Nasdaq -1.23%, and the S&P 500 -1.27%. This was one of those days when there was nowhere to hide. I have 21 positions in my portfolio on the street and all 21 were down. Breadth was terrible. Declining issues outnumbered advancing ones on the NYSE by a 3.38-to-1 ratio; on Nasdaq, a 3.07-to-1 ratio favored decliners.

 

 

Wall Street sinks as Powell’s comments fuel rate worries

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. We are currently invested at 100/C. Our allocation is now +3.23% for the year not including the days results. Here are the latest posted results:

 

02/26/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.602 17.7441 39.2138 49.4067 31.4988
$ Change 0.0036 0.0139 0.4607 0.2867 0.3654
% Change day +0.02% +0.08% +1.19% +0.58% +1.17%
% Change week +0.02% +0.08% +1.19% +0.58% +1.17%
% Change month +0.19% -0.92% -1.38% -1.36% -2.78%
% Change year +0.40% -2.05% +4.26% +1.94% +2.08%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.7201 27.2426 31.3645 34.26 19.9017
$ Change 0.0479 0.1098 0.2128 0.2716 0.1774
% Change day +0.24% +0.40% +0.68% +0.80% +0.90%
% Change week +0.24% +0.40% +0.68% +0.80% +0.90%
% Change month -0.23% -0.52% -1.04% -1.28% -1.48%
% Change year +0.87% +1.31% +2.04% +2.33% +2.60%

 

 

 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:
Days like this can be discouraging if you let them. But you must keep things in perspective. Keep your eyes on the Lord and on your charts! Any time the your charts change raise your level of awareness. In other words check things closer because any change you notice on the charts could be the beginning of the next trend. As for now? The only thing we know for sure is that Bonds are in a bear market. 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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