05/23/18

Good Evening, The minutes from the last FOMC meeting where published today and the market found them to it’s liking. In the minutes Fed members where evenly split on whether there will be 2 or 3 more rate hikes this year. The minutes further reiterated that many members did not view the labor market as being overheated and that a gradual approach to rate hikes would continue. Shortly after the release of the minutes the market rebounded from the red to finish moderately in the green for the day.

The days trading left us with the following results: Our TSP allotment posted a gain of +0.15%. For comparison, the Dow was up +0.21%, the Nasdaq +0.64%, and the S&P 500 +0.32%. Praise God for another good day!

 

Wall St. ends up as Fed seen keeping gradual approach to rate hikes

 

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +4.04% on the year not including the days results. Here are the latest posted results:

 

05/22/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.7049 17.6317 38.6111 50.8467 31.462
$ Change 0.0012 0.0013 -0.1206 -0.3492 0.0904
% Change day +0.01% +0.01% -0.31% -0.68% +0.29%
% Change week +0.03% +0.03% +0.43% +0.01% +0.40%
% Change month +0.17% -0.51% +3.07% +4.51% +1.05%
% Change year +1.06% -2.67% +2.66% +4.91% +1.97%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.7959 27.2841 31.3465 34.2074 19.8572
$ Change -0.0061 -0.0157 -0.0354 -0.0471 -0.0319
% Change day -0.03% -0.06% -0.11% -0.14% -0.16%
% Change week +0.10% +0.14% +0.23% +0.26% +0.29%
% Change month +0.63% +0.96% +1.65% +1.95% +2.21%
% Change year +1.25% +1.46% +1.99% +2.18% +2.37%

 

 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: The F Fund generated an overall Neutral signal today when the MACD moved to join the Wms%R in a positive configuration.
Stay vigilant, this market can turn on a dime! That’s all for tonight. Have a great evening and I’ll see you tomorrow.
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

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