04/24/17

Good Evening, I’m not going to lie. This is the best day we’ve had in a very long while and I thank God for that.  Our patience in the I Fund paid off when the Centrist Pro European Union Candidate garnered the most votes in the French election this weekend. As a result all those folks that dumped stocks ahead of the weekend scrambled to buy them back this morning. But it was too late! The entire market move was made during afterhours trading resulting in a gap up this morning. Really, the only investors that befitted from the gap up were those that were already holding long positions. Of course those investors with long positions in European stocks befitted the most. Since we were in the I Fund, that would be us. Praise God!

The days trading left us with the following results: Our TSP  gained +2.53% today. No that’s not a typo! For comparison, the Dow added +1.05%, the Nasdaq+1.24%, and the S&P 500 +1.08%. We didn’t have them covered today. We had them smothered!! Thank God again!

 

French election results catapult Wall Street higher; Nasdaq sets record

 

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested with 100% in the I Fund. Our TSP allotment is now +2.11% on the year, but that does not include today’s gains. Here are the are the latest posted results.

04/21/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.2971 17.7793 32.5866 42.8179 26.2815
$ Change 0.0010 0.0076 -0.0989 -0.1207 -0.0404
% Change day +0.01% +0.04% -0.30% -0.28% -0.15%
% Change week +0.05% +0.01% +0.87% +2.07% +0.11%
% Change month +0.14% +0.96% -0.49% -0.12% -0.49%
% Change year +0.73% +1.90% +5.55% +4.44% +6.83%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.7416 25.1796 27.8971 29.9595 17.1382
$ Change -0.0082 -0.0240 -0.0432 -0.0548 -0.0359
% Change day -0.04% -0.10% -0.15% -0.18% -0.21%
% Change week +0.20% +0.35% +0.53% +0.62% +0.71%
% Change month +0.07% -0.04% -0.17% -0.23% -0.29%
% Change year +1.80% +2.87% +3.96% +4.49% +4.98%

 

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 generated an overall buy signal as the MACD joined price and the Williams %R when it moved into a positive configuration. Price broke above the upper trend line of the bullish wedge pattern. If we get some confirmation of this signal that means the pattern has resolved to the upside we are moving higher! This is very bullish!
S Fund:  Price broke above the upper trend line of the bullish wedge pattern. If we get some confirmation of this signal that means the pattern has resolved to the upside we are moving higher!  As with the C Fund this is very bullish!
I Fund: The I Fund generated an overall buy signal as the MACD joined price and the Williams %R when it moved into a positive configuration. Also note the big move in the SCTR and that the PMO turned up!
F Fund: This is the reason that the SCTR never woke up.
Great day today! For now all we have to do is watch the I Fund chart for next trend change. Lets pray that it keeps moving up!!! That’s all for tonight. Have a great evening and may God continue to bless your trades!
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  [email protected]. 

 

 

 

 



Written By

Scott Grimes

  • 05/12/25

    Good Morning, Our charts told us we were at the bottom and the fundamentals agreed. The opportunity was so compelling that we probably jumped back in a few weeks to early, but we wanted to make darn sure we were positioned for the run that would surely come. The market dipped and many chicken little…

  • 05/05/25

    Good Morning, Inevitably, we will have a down day and today is it. Believe it or not the S&P 500 has gone up the past nine sessions and it’s been a long time since it’s done that. So a down day today is not so bad. The recent run has pretty much put things back…

  • 04/29/2025

    Good Afternoon, This was a Fed Driven market. It was all about when the Fed would be reducing interest rates based on inflation and that’s still the case to a certain degree, but in all actuality everything is waiting on the outcome of the tariff situation. So given that fact I’m going to say that…