05/21/19

Good Evening, Yesterday the US Government put Chinese Tech giant Huawei on the naughty list and restricted business with the company. The result was a pretty deep sell off. Today the market rebounded on news that the government eased some of the restrictions that it put in place on Huawei yesterday in order that the company could service the many handsets and networks that it takes care of around the world. Such is the market that we are in. One day a tweet or a piece of news brings the market down. The next day another tweet or a piece of news brings it back. When all is said and done it’s trading range action and it will take a major market moving event such as a trade deal with China to get us out of it. A simple way to describe it is that there is a whole lot of smoke (volatility) but very little fire (movement). We continue to trade over the same range.

The days trading left us with the following results: Our TSP allotment was flat at -0.01%. For comparison the Dow gained +0.77%, the Nasdaq was +1.08%, and the S&P 500 was +0.85%. That’s what I was talking about above. Yesterday was a good day to be in bonds and today was a good day to be in stocks. The action is very inconsistent and makes it hard to be in the right place. What’s good one day is bad the next……

 

Wall St. rises as Huawei reprieve boosts tech shares

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested at 100/F. Our allocation is now +10.26% on the year not including the days results. Here are the latest posted results:

 

05/20/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.1547 18.771 41.0591 50.8327 29.4425
$ Change 0.0034 -0.0182 -0.2782 -0.4201 -0.0979
% Change day +0.02% -0.10% -0.67% -0.82% -0.33%
% Change week +0.02% -0.10% -0.67% -0.82% -0.33%
% Change month +0.14% +0.48% -3.42% -3.89% -2.73%
% Change year +1.02% +3.46% +14.20% +15.59% +10.22%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.3859 28.0317 32.0949 34.9392 20.2268
$ Change -0.0222 -0.0428 -0.1109 -0.1456 -0.0966
% Change day -0.11% -0.15% -0.34% -0.42% -0.48%
% Change week -0.11% -0.15% -0.34% -0.42% -0.48%
% Change month -0.54% -0.79% -1.87% -2.27% -2.61%
% Change year +3.53% +4.62% +8.29% +9.73% +10.96%

 

 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:
I Fund:
F Fund:
We’ll just have to wait until we break out of this trading range. 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  KyFan1@aol.com. 

 

 

 

 

 

 

 

 



Written By

Scott Grimes

  • 09/08/25

    Good Morning, The train left the station after Fridays jobs report. That may have well been the bottom of the current dip. It is now highly likely that the Fed will reduce rates on Sept 17th. More on that later. Right now lets focus on our trains next stop which will be Wednesdays Producer Price…

  • 09/01/25

    Good Afternoon, Happy Labor Day! I hope this note finds you enjoying some fine cuisine fresh off the grill! Well here we are starting a new month. The dreaded month of September. The weakest month for the stock market since the 20’s and here we are 100% invested in equities. What gives? First of all…

  • 08/24/2024

    Good Afternoon, We talked last week about Jerome Powell’s speech at Jackson Hole Wyoming being a possible inflection point for the market and that’s exactly what it ended up being. The Fed chairman gave a somewhat dovish address in which he noted that  “the baseline outlook and the shifting balance of risks may warrant adjusting…