04/03/18

Good Evening, Yesterday the ‘fake news’ that the White House had plans to go after Amazon triggered another bout of selling. I didn’t matter that it was totally fake. The market sold off anyway! Today the major indices found their footing and all managed to finish in the green. The action was rather random and breadth was nothing to write home about. So if compelled to make another guess I’d say that support will be tested again in the coming days before a bottom is put in and all the weak hands are forced to the side line. That is what it will take for us to see some sustained upside action.

The days trading left us with the following results: Our TSP allotment rebounded with a gain of +1.19%.  For comparison, the Dow was up +1.65%, the Nasdaq +1.04%, and the S&P 500 +1.26%.

Praise God for a good day!

 

Wall Street closes higher as S&P rises above key support level

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now -3.05% on the year not including today’s results. Here are the latest posted results:

 

04/02/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.6449 17.8615 36.4846 47.3793 30.1386
$ Change 0.0025 0.0099 -0.8346 -1.1400 -0.3828
% Change day +0.02% +0.06% -2.24% -2.35% -1.25%
% Change week +0.02% +0.06% -2.24% -2.35% -1.25%
% Change month +0.02% +0.06% -2.24% -2.35% -1.25%
% Change year +0.67% -1.40% -2.99% -2.24% -2.32%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.5383 26.7454 30.301 32.8745 18.9826
$ Change -0.0746 -0.1825 -0.3672 -0.4734 -0.3120
% Change day -0.38% -0.68% -1.20% -1.42% -1.62%
% Change week -0.38% -0.68% -1.20% -1.42% -1.62%
% Change month -0.38% -0.68% -1.20% -1.42% -1.62%
% Change year -0.06% -0.54% -1.42% -1.80% -2.13%

 

 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: The C Fund whipsawed back to a neutral signal today when the SCTR moved back above 40 and the Wms%R moved into a positive configuration.
S Fund:
I Fund:
F Fund:
Well we lived to fight another day. Stay vigilant and keep a close eye on the charts. Volatility has returned in 2018! That’s all for tonight! Have a nice evening and don;t forget. He’s still with us!
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

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