Good Evening, The market dropped this morning but turned around in the early afternoon to finish off the lows and mixed on the day. Concerns about the defeat of legislation to repeal and replace Obama Care led to the early selling. Overall though, investors viewed the selling as another opportunity and bought the dip driving prices higher in the afternoon. It’s obvious that fundamental issues are driving the market and political issues are mostly a distraction to be bought.
The days trading left us with the following results: Our TSP allotment gained +0.26%. For comparison, the Dow dropped -0.22%, the Nasdaq added +0.20%, and the S&P 500 fell back -0.10%. Praise God, we had them covered today!
The days action left us with the following signals: C-Neutral, S-Neutral, I-Buy, F-Neutral. As of today we are invested with 100% in the I Fund. Our allotment is now +2.56% not including todays results. Here are the latest posted results:
03/24/17 |
|
|
|
Prior Prices |
Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
Price |
15.2692 |
17.5973 |
32.48 |
42.0464 |
26.3989 |
$ Change |
0.0010 |
0.0185 |
-0.0266 |
0.0307 |
0.0716 |
% Change day |
+0.01% |
+0.11% |
-0.08% |
+0.07% |
+0.27% |
% Change week |
+0.05% |
+0.61% |
-1.42% |
-2.29% |
-0.03% |
% Change month |
+0.16% |
-0.09% |
-0.70% |
-2.00% |
+2.81% |
% Change year |
+0.54% |
+0.85% |
+5.21% |
+2.56% |
+7.30% |
|
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
Price |
18.693 |
25.1054 |
27.8051 |
29.8529 |
17.0744 |
$ Change |
0.0038 |
0.0073 |
0.0109 |
0.0133 |
0.0083 |
% Change day |
+0.02% |
+0.03% |
+0.04% |
+0.04% |
+0.05% |
% Change week |
-0.15% |
-0.40% |
-0.66% |
-0.80% |
-0.93% |
% Change month |
+0.15% |
+0.14% |
+0.14% |
+0.12% |
+0.11% |
% Change year |
+1.54% |
+2.56% |
+3.61% |
+4.12% |
+4.59% |
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: Price violated the lower trend line today. The upward trend is definitely under pressure. However, price is still trading over it’s 50 EMA so don’t pronounce it dead just yet.
S Fund: Price closed right on it’s lower trend line. Unlike the C Fund. Price is already trading below it’s 50 EMA. It’s also not dead yet. The Williams percent R (also on the C) moved into a positive configuration and may be signaling a bottom to this dip. The key word is may……
I Fund: The I fund is still a strong buy and currently has by far the best SCTR of all thrift funds at 71.89. It doesn’t look like it’s done rising either. The weakening dollar is helping this fund. Please refer to my last blog for the details.
F Fund: While the F Fund is moving closer to a buy signal. however, I still wouldn’t be a buyer with and SCTR of only 17.9. I’d have to see at least 40 there before I would even consider it. With rising interest rates I’m just not a big fan of bonds right now.
Our new allocation of 100% I Fund is working well for us. I noticed today when the other equity based funds dipped near triple digit deficits this morning that the I Fund was only off -0.16%. That’s the overall strength that it’s rising SCTR is reflecting. I thank God for guiding our hand once again. That’s all for tonight! Have a nice evening.
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].