03/09/18

Good Evening, The market received a a triple boost from the news today. First the jobs report came in solid with over 300,000 jobs being created in February. Adding to that piece of news was the fact that wage growth came in a little flat. That created a Goldilocks situation in that that the job creation was good but the wage growth was not strong enough to cause inflation. Second, we had a less aggressive stance from the Trump administration on tariffs and third there was news of a meeting being planned between President Trump and North Korean leader KIm Jong Un. Of particular interest to investors was Kim Jong Un’s pledge to refrain from nuclear testing until the meeting is held. There you have it, the market rallied triple digits on triple tail winds. It was a great day to be invested!

The rally left us with the following results: Our TSP allotment made up some lost ground with a hefty gain of +1.74%. For comparison, the Dow was up +1.77%, the Nasdaq +1.79%, and the S&P 500 +1.74%. Praise God for a wonderful day!!

 

Stocks, oil rally on U.S. jobs data, Korea news

The weeks action left us with the following signals: C-buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/C. Our allocation is now +1.81% on the year not including the days gains. Here are the latest posted results:

 

03/08/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.6141 17.7338 38.6737 49.8084 30.7519
$ Change 0.0013 0.0185 0.1825 -0.0016 0.1444
% Change day +0.01% +0.10% +0.47% +0.00% +0.47%
% Change week +0.05% +0.00% +1.81% +2.48% +1.67%
% Change month +0.06% -0.01% +0.99% +3.37% -0.01%
% Change year +0.47% -2.10% +2.83% +2.77% -0.34%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.6778 27.1268 31.1171 33.9395 19.691
$ Change 0.0183 0.0414 0.0788 0.0999 0.0646
% Change day +0.09% +0.15% +0.25% +0.30% +0.33%
% Change week +0.41% +0.68% +1.16% +1.37% +1.56%
% Change month +0.25% +0.40% +0.67% +0.80% +0.92%
% Change year +0.65% +0.88% +1.24% +1.38% +1.52%

 

 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: The Bullish Wedge is still in play.
It was a great day. God blessed us again as we were in the right place. That’s all for tonight. Have a great weekend and I’ll see you on Monday.
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  KyFan1@aol.com. 

 

 

 

 

 

 

 

 



Written By

Scott Grimes

  • 09/08/25

    Good Morning, The train left the station after Fridays jobs report. That may have well been the bottom of the current dip. It is now highly likely that the Fed will reduce rates on Sept 17th. More on that later. Right now lets focus on our trains next stop which will be Wednesdays Producer Price…

  • 09/01/25

    Good Afternoon, Happy Labor Day! I hope this note finds you enjoying some fine cuisine fresh off the grill! Well here we are starting a new month. The dreaded month of September. The weakest month for the stock market since the 20’s and here we are 100% invested in equities. What gives? First of all…

  • 08/24/2024

    Good Afternoon, We talked last week about Jerome Powell’s speech at Jackson Hole Wyoming being a possible inflection point for the market and that’s exactly what it ended up being. The Fed chairman gave a somewhat dovish address in which he noted that  “the baseline outlook and the shifting balance of risks may warrant adjusting…