Good Evening,
This is the short version. It’s spring time and there are things to do and places to be….. Today the market cheered action taken by General Electric to spin off its Capital business and focus on a large share buyback. Why? you ask. Because investors view this as part of a larger trend: to focus on shareholders by supporting share prices and higher dividends. You know me. Whatever works!
The day’s trading left us with the following results: Our TSP allotment finished the day at +0254%. For comparison, the Dow gained +0.55%, the Nasdaq +0.43%, and the S&P 500 closed at +0.52%. I thank God for another good day.
GE sparks broad Wall St. rally; indexes post weekly gains
The day’s action left us with the following signals: C-Buy, S-Neutral, I-Buy, F-Buy. We are currently invested at 05/C, 32/S, 63/I. Our allocation is now +3.72% on the year, not including the day’s results.
***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.
Here are the latest posted results.
| 04/09/15 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.6912 | 17.0896 | 27.7533 | 38.5605 | 26.2582 |
| $ Change | 0.0007 | -0.0474 | 0.1233 | -0.0252 | 0.0290 |
| % Change day | +0.00% | -0.28% | +0.45% | -0.07% | +0.11% |
| % Change week | +0.04% | -0.11% | +1.21% | +0.64% | +1.39% |
| % Change month | +0.05% | +0.03% | +1.18% | +0.81% | +2.57% |
| % Change year | +0.51% | +1.71% | +2.16% | +6.24% | +8.42% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 17.6893 | 23.5209 | 25.6431 | 27.3879 | 15.6013 |
| $ Change | 0.0078 | 0.0281 | 0.0386 | 0.0457 | 0.0298 |
| % Change day | +0.04% | +0.12% | +0.15% | +0.17% | +0.19% |
| % Change week | +0.26% | +0.60% | +0.76% | +0.86% | +0.98% |
| % Change month | +0.33% | +0.80% | +1.01% | +1.13% | +1.30% |
| % Change year | +1.37% | +2.72% | +3.37% | +3.82% | +4.30% |
Now a quick look at the charts.
C Fund: Price closed above resistance and the PMO crossed up through its EMA, moving the C Fund to an overall buy signal. All signals are annotated with green circles!
S Fund: The S fund did not manage to move to a buy signal as the C Fund did, but its PMO is moving closer to a positive crossover of its EMA. This Fund should generate a buy signal in the coming days. All signals are annotated with green circles!
I Fund: Price continues to inch up towards resistance at 66.5. We’ll get a clearer picture of where the I Fund is going at the time. For the meantime, it remains a solid buy. All signals are annotated with green circles!
F Fund: Price remained steady today so nothing has changed with this fund. It is still a buy. However, why move into bonds when stocks are working well? All signals are annotated with green circles!
It was pretty smooth sailing today. Our job is unchanged and that is to watch out charts and ride this trend as far as it will go. I thank God for another good week! After all, it’s all His to give and take. May He continue to bless your trades. Have a nice weekend and I’ll see you on Monday!
God bless,
Scott
