03/27/18

Good Evening, I said it before and I’ll say it again. When I said that 2018 would be more choppy than 2017 I never had this in mind. This is volatility with a capital V. The only thing I can figure out about today’s selling was that traders were still concerned about the internet sector. Especially Facebook and Twitter. That along with lingering trade concerns were enough to influence them to take the large profits that they have been sitting on and watch from the sideline. I think they fully intend to reinvest but not until this storm is over. I still say the economy is too good for a bear market at this time and given the propensity of the market to turn and go straight back up I am in no hurry to sell. I’m going to watch my charts and will only consider selling if they produce very strong sell signals.

The days selling left us with the following results: Our TSP allotment dipped -1.95%. For comparison, The Dow dropped -1.43%, the Nasdaq -2.93% and the S&P 500 was -1.73%.

 

Wall Street falters, dragged down by tech

The days action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now +0.07% on the year not including the days results. Here are the latest posted results:

 

03/26/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.6362 17.7524 37.561 48.9068 30.3064
$ Change 0.0037 -0.0058 0.9920 1.0479 0.4892
% Change day +0.02% -0.03% +2.71% +2.19% +1.64%
% Change week +0.02% -0.03% +2.71% +2.19% +1.64%
% Change month +0.20% +0.09% -1.92% +1.49% -1.46%
% Change year +0.62% -2.00% -0.13% +0.91% -1.78%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.6113 26.9375 30.7034 33.3972 19.3299
$ Change 0.0922 0.2170 0.4267 0.5468 0.3588
% Change day +0.47% +0.81% +1.41% +1.66% +1.89%
% Change week +0.47% +0.81% +1.41% +1.66% +1.89%
% Change month -0.09% -0.30% -0.67% -0.81% -0.93%
% Change year +0.31% +0.18% -0.11% -0.24% -0.34%

 

 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: Bonds continue to do well as investors seek safe havens when stocks selloff.
All we can do is wait and watch. Will we get another bounce tomorrow? Will there be more news on the Mueller investigation? Facebook?? Trade Tariffs??? Your guess is as good as mine. That’s the reason you must be a reactive trader. Watch your charts and react to the action that’s before you. Check your emotions in at the door. They will get you killed. That’s all for tonight. Have a nice evening and may God continue to bless your trades. I’ll keep praising Him when we’re down just like I do when we’re up! See you tomorrow.
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…