03/01/19

Good Evening, In like a lion out like a lamb??? Well lets hope that only applies to the weather as stocks strongly broke their three day losing streak indeed entering the month like a lion. Investors bid stocks up on hopes for a trade deal with China. It was widely circulated that officials are preparing for a mid March meeting in which Presidents Jinping and Trump could sign a new trade agreement between the US and China. Remember what we discussed yesterday??? Right now it’s all about China. That’s the reason that investors were able to shrug off some sub par economic reports today on optimism for a trade deal. They are convinced  that a trade deal between the worlds two largest economies will remedy a slowing global economy. You know what?? I’m kind of in that camp myself.  As usual, we’ll watch our charts and see….

The days trading left us with the following signals: Our TSP allotment posted a gain of +0.68%. For comparison, the Dow added +0.43%, the Nasdaq +0.83%, and the S&P 500 +0.62%. It was a good day. Praise God for the gains!

 

Wall Street rises as trade optimism counters weak data

The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +6.92% on the year not including the days results. Here are the latest posted results:

 

02/28/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.0616 18.3244 40.0779 51.5392 29.2023
$ Change 0.0011 -0.0123 -0.1020 -0.1902 -0.0722
% Change day +0.01% -0.07% -0.25% -0.37% -0.25%
% Change week +0.04% -0.21% -0.23% -0.42% +0.32%
% Change month +0.20% -0.06% +3.21% +4.98% +2.55%
% Change year +0.43% +1.00% +11.48% +17.20% +9.32%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.2103 27.7642 31.7178 34.5038 19.9677
$ Change -0.0108 -0.0216 -0.0519 -0.0679 -0.0449
% Change day -0.05% -0.08% -0.16% -0.20% -0.22%
% Change week +0.01% +0.00% -0.04% -0.06% -0.07%
% Change month +0.80% +1.06% +2.00% +2.36% +2.68%
% Change year +2.64% +3.62% +7.02% +8.36% +9.53%

 

 

 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:
One more thing that is worthy to note tonight is that the MSCI which is a company that maintains many of the indexes followed around the world quadrupled the amount of Chinese stocks in its key benchmarks this year. Folks, that is definitely a vote for #1 A China trade deal and #2 a healthy global economy. This is big and bullish! 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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