Good Evening, The market continues to be range bound as it waits for more information on a possible rate increase by the Fed. The chances of a rate increase have gotten significantly greater in recent days supported by several good economic reports. My best guess is that there is now a 60% chance that we will get a rate hike in June.
Today’s trading left us with the following results: Our TSP allotment slipped back -0.19%. For comparison, the Dow dropped -0.13%, the Nasdaq added +0.14%, and the S&P 500 was close to even at -0.02%.
The days action left us with the following signals: C-Buy, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +4.23% on the year not including the days results. Here are the latest posted results.
05/25/16 |
|
|
|
Prior Prices |
Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
Price |
15.027 |
17.514 |
28.455 |
35.9241 |
23.9684 |
$ Change |
0.0007 |
-0.0161 |
0.1985 |
0.2311 |
0.1632 |
% Change day |
+0.00% |
-0.09% |
+0.70% |
+0.65% |
+0.69% |
% Change week |
+0.02% |
-0.13% |
+1.87% |
+2.23% |
+1.76% |
% Change month |
+0.12% |
-0.24% |
+1.45% |
+0.93% |
-0.14% |
% Change year |
+0.75% |
+3.30% |
+3.24% |
+1.95% |
-0.53% |
|
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
Price |
17.9904 |
23.5593 |
25.5002 |
27.0591 |
15.3059 |
$ Change |
0.0247 |
0.0736 |
0.1113 |
0.1371 |
0.0880 |
% Change day |
+0.14% |
+0.31% |
+0.44% |
+0.51% |
+0.58% |
% Change week |
+0.39% |
+0.87% |
+1.21% |
+1.41% |
+1.60% |
% Change month |
+0.26% |
+0.46% |
+0.60% |
+0.67% |
+0.75% |
% Change year |
+1.22% |
+1.51% |
+1.74% |
+1.84% |
+1.86% |
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 moved to an overall buy signal when the PMO and MACD moved into positive configurations. Price tested resistance at 210 the past two sessions but failed to break through. It will be bullish if there is a confirmed breakout from this level.
S Fund: Price sustained it’s breakout of the bearish wedge and has challenged overhead resistance at 85.50 the past two sessions. While the MACD moved into a positive configuration, the PMO failed to follow suite. So while this one improved, it is still neutral for now.
I Fund: price broke through the upper trend line and is now moving toward resistance at 60.25. This chart moved back to neutral when the MACD turned positive during today’s session. The I Fund posted the best return of our equity based funds for the day.
F Fund: Price posted a small gain remained within the well erstablished rising channel. However, the PMO and MACD suggest that there could be some more downside here. Also, on the flip side, this could be taken as a signal that there may be more upside for equities!
We will continue to monitor the S Fund chart for new developments. But for now, there is no reason to bail. That’s all for tonight. Have a nice evening and may God continue to bless your trades!
God bless, Scott 
***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].