04/11/19

Good Evening, The market traded flat today as it waits for one thing old and one thing new. Traders are still monitoring the trade negotiations with China. Good news about progress being made on key issues continues to trickle out. Keep praying for a positive resolution to those negotiations. New on the radar this week are earnings. Earnings season starts anew on Friday with reports from some of the nations top banks. JPMorgan Chase & Co and Wells Fargo & Co are due to report on Friday, followed by Citigroup Inc and Goldman Sachs Inc on Monday and Bank of America Corp and Morgan Stanley on Tuesday. Adding just a little support today were some positive reports offsetting concerns that a global slowdown with reach these shores. On the economic front, initial jobless claims dropped last week to their lowest level since 1969, while in March, producer prices made their biggest gain since October, according to separate reports from the U.S. Labor Department. The bears are calling for profits to drop some 2-3%. Could the market possibly be setting up for a surprise? I wonder if those earnings estimates aren’t a tad too much on the negative side. We will see……

The days trading left us with the following results: Our TSP allotment was flat at +0.00%. Hey, I’m happy we hung onto all our gains! It’s what you keep that’s important!! For comparison, the Dow slipped -0.05%, the Nasdaq dropped -0.21%, and the S&P 500 broke even. For those of you that are keeping score and I know you are the S Fund broke even as well are +0.00%. I thank God for another good day!

 

The S&P 500 ends flat as investors await bank earnings

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/C. Our allocation is now +10.11% on the year. Here are the latest posted results.

 

04/11/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.1114 18.6369 41.6653 52.3529 29.99
$ Change 0.0011 -0.0176 0.0017 0.0284 -0.0054
% Change day +0.01% -0.09% +0.00% +0.05% -0.02%
% Change week +0.04% +0.08% -0.11% +0.11% -0.03%
% Change month +0.08% -0.22% +1.97% +2.64% +1.97%
% Change year +0.74% +2.72% +15.89% +19.05% +12.27%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.4109 28.1079 32.3958 35.3543 20.5125
$ Change 0.0000 -0.0002 -0.0007 -0.0010 -0.0005
% Change day +0.00% +0.00% +0.00% +0.00% +0.00%
% Change week +0.02% +0.02% -0.01% -0.02% -0.03%
% Change month +0.47% +0.63% +1.25% +1.49% +1.69%
% Change year +3.66% +4.90% +9.31% +11.03% +12.52%

 

 

 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:
I believe if we are patient we can add too our gains! Keep praying and praising! That’s all for tonight. Have a great evening and may God continue to bless your trades!
God bless, Scott Sunglasses
 
 ***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

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