04/29/19

Good Evening, More good earnings reports and tame inflation powered the S&P and Nasdaq to new highs today. In addition a Commerce Department report showed U.S. consumer spending increased by the most in more than 9-1/2 years in March, but a key inflation measure posted its smallest annual gain in 14 months. If that isn’t Goldilocks warm then I’m not sure what is. Also adding to a bullish view is the fact that the good earnings reports are beating estimates and causing a reassessment of the previous prediction of a retraction of earnings which had been predicted to decrease by 2% and is now only predicted to decrease 0.2%. We talked earlier about good earnings this quarter having that effect…. Let me add one more bullish spin on the day. The Trump Administration  keeps hinting that the trade negotiations with China are in their “final lap”. Oh yeah, that’s right! And how many bears do you think want to bet against that? Given all the above conditions there is a fear of being left behind. The bears know they will be trampled in the dust if a trade agreement is reached with China. That’s the reason that this spring could be much different than usual. The bears are afraid to “Go away in May”. We’ll watch our charts and see where it goes but right now I am bullish!

The days trading left us with the following results: Our TSP allotment added +0.11%. For comparison, the Dow was up +0.04%, the Nasdaq +0.19%, and the S&P 500 +0.11%. Praise God for another day in the green!

 

S&P 500 posts record high, extending 2019 rally

The days 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 +12.11% on the year not including the days results. Here are the latest posted results:

 

 

04/26/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.128 18.6816 42.4239 52.8634 30.1558
$ Change 0.0011 0.0340 0.1993 0.4657 0.0822
% Change day +0.01% +0.18% +0.47% +0.89% +0.27%
% Change week +0.05% +0.38% +1.21% +1.55% -0.13%
% Change month +0.18% +0.02% +3.83% +3.64% +2.54%
% Change year +0.85% +2.97% +18.00% +20.21% +12.89%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.4829 28.2308 32.6568 35.6852 20.7267
$ Change 0.0226 0.0406 0.0952 0.1239 0.0820
% Change day +0.11% +0.14% +0.29% +0.35% +0.40%
% Change week +0.23% +0.28% +0.52% +0.61% +0.68%
% Change month +0.82% +1.07% +2.07% +2.44% +2.75%
% Change year +4.03% +5.36% +10.19% +12.07% +13.70%

 

 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: The S Fund generated a new buy signal when the PMO and MACD moved into to positive configurations. Two or more negative signals or the 5 EMA below the 50 EMA or 200 EMA  or an SCTR below 40 generate a neutral signal. Any three indicators negative accompanied by both or either the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a sell signal. A buy signal is generated then the 5 EMA is above the 50 EMA and the 200 EMA, One or less indicators are negative, and the SCTR is higher than 40.
I Fund:
F Fund:
I don’t usually feel this way as we near May but I’m bullish!  That’s all for tonight. Have a nice 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  [email protected]. 

 

 

 

 

 

 

 



Written By

Scott Grimes

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