Good Evening, There used to be a guy on TSPTalk.com called Ebb and Flow that for a fee helped people manage their TSP accounts a lot like we do here. I mentioned it because I think the name of his system describes the action that we are having in 2016. Ebb and Flow. Well the market ebbed today again on concerns about the global economy and again on declining oil……again….
The days trading left us with the following results: Our TSP allotment dropped -1.20%. For comparison, the Dow fell -0.98%, the Nasdaq -1.47%, and the S&P 500 -1.20%. It was ugly, but believe it or not, things were worse earlier in the afternoon.
Wall St. falls amid global growth worries
The days action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Buy. We are currently invested at 100/C. Our allotment is now +2.32% on year. Here are the latest posted results:
04/07/16 | Prior Prices | ||||
Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
Price | 14.993 | 17.5696 | 27.7164 | 34.4933 | 22.7568 |
$ Change | 0.0007 | 0.0527 | -0.3350 | -0.4517 | -0.2828 |
% Change day | +0.00% | +0.30% | -1.19% | -1.29% | -1.23% |
% Change week | +0.03% | +0.51% | -1.43% | -1.80% | -1.84% |
% Change month | +0.03% | +0.48% | -0.80% | -1.41% | -3.39% |
% Change year | +0.52% | +3.63% | +0.56% | -2.11% | -5.55% |
L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
Price | 17.8327 | 23.1492 | 24.8991 | 26.3256 | 14.8377 |
$ Change | -0.0401 | -0.1255 | -0.1917 | -0.2370 | -0.1529 |
% Change day | -0.22% | -0.54% | -0.76% | -0.89% | -1.02% |
% Change week | -0.27% | -0.69% | -1.00% | -1.17% | -1.34% |
% Change month | -0.28% | -0.72% | -1.04% | -1.22% | -1.40% |
% Change year | +0.33% | -0.26% | -0.66% | -0.93% | -1.26% |
2016 is proving to be a difficult year so far and I expect that part is just getting started. There’s no taking it easy! That’s for sure. It looks like we may have another correction on our hands. Our task is to monitor our charts and make sure that we minimize losses if there are any. Our plan is to exit to safety when and if the C Fund’s 5 EMA passes through the 50 EMA on the way down. Hopefully it won’t come to that, but you have to have and exit plan in place just in case it does. That’s all for tonight. May God continue to bless your trades! Have a great evening.
