03/07/18

Good Evening. It was another wild day for the market with big swings in both directions. Investors were trading off of tariff news today. The Dow and S&P were both down big until the afternoon session when they rebounded on news that President Trump might exempt some countries from the tariff of steel and aluminum. Both indices finished the day in the red but way off their lows. Small caps did well today as they derive their income domestically and would not be hurt by a trade war. That is the reason that the S Fund made a decent gain of +0.59%.

The days trading left us with the following signals: Our TSP allotment slipped slightly at -0.05%. For comparison, the Dow fell -0.33%, the Nasdaq gained +0.33%, and the S&P was off slightly at -0.05%.

 

S&P ends down slightly as U.S. talks tariff exemptions

The days action left us with the following signals: C-Buy, S-Buy, I-Sell, F-Neutral. We are currently invested at 100/C. Our allocation is now +1.37% on the year not including today’s results. Here are the latest posted results:

 

03/06/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.6116 17.7255 38.5072 49.5444 30.6408
$ Change 0.0012 0.0097 0.1031 0.4416 0.1037
% Change day +0.01% +0.05% +0.27% +0.90% +0.34%
% Change week +0.03% -0.04% +1.37% +1.93% +1.30%
% Change month +0.05% -0.06% +0.56% +2.82% -0.37%
% Change year +0.46% -2.15% +2.38% +2.22% -0.70%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.6582 27.083 31.0333 33.8322 19.6206
$ Change 0.0167 0.0386 0.0757 0.0982 0.0653
% Change day +0.08% +0.14% +0.24% +0.29% +0.33%
% Change week +0.31% +0.52% +0.89% +1.05% +1.20%
% Change month +0.15% +0.24% +0.40% +0.48% +0.56%
% Change year +0.55% +0.72% +0.97% +1.06% +1.15%

 

 

 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: Price is forming a bullish wedge. This is a pretty good pattern. So could bonds be ready to come off the bottom???
The tariff issue seems to be resolving favorably. We’ll just have to keep an eye on it and see. If we watch the charts they will usually tell us where the market is heading before the news. 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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