05/20/16

Good Evening, The market shrugged off the Fed and moved back up after a disappointing day yesterday. If the current pattern holds we should move back down on Monday. One disturbing thing that I have been tracking on the charts is a head and shoulders pattern on the SPX. This pattern is a reversal pattern and is pretty reliable. I didn’t annotate it on tonight’s chart but it is fairly easy to identify. Just look for a left shoulder, head, and right shoulder. Should it execute the down side target is the length from the neckline to the top of the head. I’ll try to annotate it on the next chart I do. I didn’t have time to go in to a lot of detail tonight. The main reason I posted this blog was to let you know that a sell signal in the S Fund was averted for now. As you may remember from last night. I noted that it could be averted if we had a strong rally and that’s exactly what we got!

The days trading left us with the following results: Our TSP allotment out performed today with a gain of +1.45%. For comparison, the Dow added +0.38%, the Nasdaq +1.21%, and the S&P 500 +0.60%. Praise God! We had a great day when we really needed one.

 

Stocks Close Higher as Tech Rallies, Fed Fears Fade

 

The days trading left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now +0.53% not including today’s gains. Here are the latest posted results:

05/19/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.0228 17.5294 27.7601 34.6492 23.3391
$ Change 0.0007 0.0364 -0.1026 -0.2144 -0.1929
% Change day +0.00% +0.21% -0.37% -0.62% -0.82%
% Change week +0.03% -0.61% -0.26% -0.51% -0.59%
% Change month +0.09% -0.15% -1.03% -2.66% -2.76%
% Change year +0.72% +3.39% +0.72% -1.66% -3.14%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.8907 23.2689 25.0612 26.5173 14.9577
$ Change -0.0164 -0.0541 -0.0838 -0.1045 -0.0681
% Change day -0.09% -0.23% -0.33% -0.39% -0.45%
% Change week -0.10% -0.20% -0.28% -0.33% -0.36%
% Change month -0.30% -0.78% -1.14% -1.34% -1.54%
% Change year +0.66% +0.26% -0.01% -0.20% -0.46%

 

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:C Fund
S Fund:
S Fund
I Fund:I Fund
F Fund:
F Fund
That’s all for this week. We’ll keep an eye on the charts. So far the S Fund is hanging in there after a great run today! Have a nice weekend!
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

  • 05/19/25

    Good Morning, Another day another challenge. This market is anything other than boring and I say that not necessarily in a good way! When it comes to the market I think boring is good. That means less volatility and that means less stress. Nonetheless, we have what we have and we must deal with it.…

  • 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…