Good Evening, The market moved lower again today on continuing concerns of a slowing world economy. So is the sky falling? While no one really knows I’d have to say that it is not. Of course you have your negatives which are the world economy and an inverted yield curve which we discussed in a recent blog. But you also have some positives that balance those out. You have a potential trade agreement with China. Officials are meeting in Beijing on March 28th. You also have record low unemployment, low interest rates, and low corporate taxes to name a few positives. In addition, you have the completion of the Mueller investigation which should free the President to work on an infrastructure deal with the Democrats, focus on a trade agreement with China, and continue to reduce the regulations that hinder corporate America. I believe the whole issue is still in doubt. I wouldn’t say that we are heading for a recession just yet. I’m not saying were not either. I’ll just continue to keep an eye on my charts and react to the action that I see unfold before me. I’ll worry about what I can change not what I can’t change. One thing is for sure. If you bury your money in the sand you will have the same amount when you dig it back up. If you want to increase that amount then you’ll have to invest it and that involves taking risk. That said, the technical analysis that we use is about managing risk. That is what we do and why we do it. One more thing, I would be amiss not to say that trusting in the Lord has a lot to do with our investment philosophy. We may not always get every thing we want, but He always supplies our needs…..

The days trading left us with the following results: Our TSP allotment slipped -0.08%. For comparison, the Dow added +0.06%, the Nasdaq dropped -0.07%, and the S&P 500 was off -0.08%.

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested at 100/C. Our allocation is now +6.58% for the year. Here are the latest posted results:

God bless, Scott 

 

 ***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].