04/16/19

Good Evening, The market was boosted by more positive earnings today with all the major indices finishing in the green. Although they did move off their highs late in the afternoon limiting them to small gains. There is no doubt that stocks have hit some resistance at this point. Part of it is that the major indices are near their all time highs that they set in September. If and when they break through that ceiling it should provide a psychological lift to move us higher. The key of course is breaking through that resistance in the first place. I believe that will take take a combination of decent earnings along with a trade deal with China. Also, we continue to get ever closer to the slow May through September period for stocks which will provide additional head winds as the market tries to move to all time highs. A new trade deal would sure be nice sometime in the coming weeks. We’ll keep praying for that!  Netflix had a disappointing report after the bell. We’ll have to see how that effects things in the morning.l It sure seems like the market isn’t dealing well with negative stuff right now. So I won’t be at all surprised if this report puts a damper on things at the open.

The days trading left us with the following results: Our TSP allotment managed another small gain of +0.05%. For comparison, the Dow added +0.26%, the Nasdaq +0.30%, and the S&P 500 +0.05%. It was a small gain but I’m happy. We’re sitting on better than 10% in gains for the year and not moving backwards. I praise God for that!!

 

Wall Street edges higher on generally positive 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 +10.78% for the year not including the days results. Here are the latest posted results:

 

04/15/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.1159 18.6098 41.9196 52.5078 30.2177
$ Change 0.0034 0.0096 -0.0256 -0.1250 0.1273
% Change day +0.02% +0.05% -0.06% -0.24% +0.42%
% Change week +0.02% +0.05% -0.06% -0.24% +0.42%
% Change month +0.10% -0.36% +2.60% +2.94% +2.75%
% Change year +0.77% +2.57% +16.60% +19.40% +13.12%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.4396 28.1594 32.5157 35.5085 20.6136
$ Change 0.0073 0.0114 0.0196 0.0237 0.0147
% Change day +0.04% +0.04% +0.06% +0.07% +0.07%
% Change week +0.04% +0.04% +0.06% +0.07% +0.07%
% Change month +0.61% +0.81% +1.63% +1.93% +2.19%
% Change year +3.81% +5.10% +9.71% +11.51% +13.08%

 

 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 are slowing down. That’s usually a good thing for stocks!

 

The market is a little sluggish right now. It feels like some consolidation before another leg higher. That’s all for tonight. Have a nice evening and don’t forget to keep praying for our group.

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  [email protected]. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Written By

Scott Grimes

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