03/08/19

Good Evening, Today we had a jobs report that missed the mark. The department of labor reported that only 20,000 jobs were created in February. How far off the mark was that?? Economists had expected 180,000 jobs to be created. That’s more like grinding to a halt than missing the mark. As a result of this report the market spent most of the day deeply in the red. However, stocks paired their losses late in the afternoon session as investors decided that the government shutdown had a lot to do with the poor report and that the economy couldn’t possibly be that bad. It was the fifth straight day of declines and the worst week so far in 2019 for the market. As a result of the poor action two of the indicators that I watch on the street pushed to sell signals. With that in mind I sent out an alert for an interfund transfer to 100% F Fund. The F Fund is behaving well and moving toward a buy signal which should provide us with a little time to wait this decline out. It looks like the market may move back up on Monday given that buying the took place late in the session today. Irregardless, we’ll keep a close eye on our charts and look for the next good entry point be it next week or next month. Our goal in this choppy market is to keep our accounts as near their highs as we possibly can. Remember its not what you make that’s important, it’s what you keep!

The days trading left us with the following signals: Our TSP allotment slipped -0.12%. For comparison, the Dow was off -0.09%, the Nasdaq -0.18%, and the S&P 500 -0.21%. Stocks ended the day much much better than they started it. That is the reason I expect Monday to be in the green. Either way it will be good to pause a few days and assess the situation given the slowing growth of the world economy.

 

Wall Street extends losing streak after weak U.S. jobs data

The weeks action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. As of the close of business Monday we will be invested at 100/F. Our allocation is now +3.95% on the year not including the days results. Here are the latest posted results.

 

03/07/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.07 18.401 39.5806 50.1115 28.8526
$ Change 0.0012 0.0510 -0.3158 -0.3775 -0.3941
% Change day +0.01% +0.28% -0.79% -0.75% -1.35%
% Change week +0.05% +0.62% -1.92% -3.43% -1.46%
% Change month +0.05% +0.42% -1.24% -2.77% -1.20%
% Change year +0.49% +1.42% +10.09% +13.95% +8.01%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.1641 27.6645 31.4569 34.1576 19.7347
$ Change -0.0360 -0.0733 -0.1793 -0.2339 -0.1550
% Change day -0.18% -0.26% -0.57% -0.68% -0.78%
% Change week -0.33% -0.51% -1.13% -1.37% -1.59%
% Change month -0.23% -0.36% -0.82% -1.00% -1.17%
% Change year +2.41% +3.25% +6.14% +7.27% +8.26%

 

 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:
Things may change entirely next week. We are reactive traders so we will see. The thing is not to get stressed out about the action. Just trust in God and have a plan! Right now our plan is to wait and see if #1 We get a buy signal in any of our equity based funds. and #2 If we get the all clear from our indicators on outside of TSP. Right now they are all muddled up and on the fence. I want to see them off the fence and in the bull pen before I get back into equities. That could be a day or that could be a month. The key is to be patient and not force the action. The important thing is that we are in the green right now and I intend to stay there. I repeat for those who weren’t paying attention earlier. It’s not what you make that’s important, it’s what you keep! Remember November??? No more. Not here. That’s all for tonight. Have a great weekend 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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