05/31/17

Good Evening, Yeah, the market gapped up this morning then the bears drove it back down then the bulls spent he rest of the day moving it back up. In the end the major indexes were pretty close to where the started. In other words it was flat flat flat . There was no emotion, no fear, no greed, no nothing.  Basically, the machines moved the market around to make a few pennies. It’s hard as heck to make money in a market like this. Financials were off so I guess that will be todays excuse…whatever. Tomorrow we start a new month. I do thank God that our allotment has performed as well as it has. I think we’ve squeezed about as much blood out of this turnip as we can get.

The days trading left us with the following results: Praise God our TSP allotment managed a modest gain of +0.12%. That doesn’t sound like much but it was the best return of the day. For comparison the Dow dropped -0.10%, the Nasdaq -0.08%, and the S&P 500 -0.05%.

 

Wall Street little changed as financials drop, defensive stocks gain

 

The months action left us with the following signals: C-Buy, S-Neutral, I-Neutral, F-Buy. We are currently invested with 100% in the I Fund. Our allocation is now +8.85% on the year not including today’s small gain. Here are the latest posted results:

 

05/30/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.3345 17.8783 33.5588 43.0009 28.0176
$ Change 0.0038 0.0348 -0.0354 -0.2480 -0.0209
% Change day +0.02% +0.20% -0.11% -0.57% -0.07%
% Change week +0.02% +0.20% -0.11% -0.57% -0.07%
% Change month +0.19% +0.71% +1.44% -0.84% +3.38%
% Change year +0.97% +2.46% +8.70% +4.89% +13.88%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.9201 25.5875 28.5646 30.783 17.6634
$ Change -0.0004 -0.0101 -0.0245 -0.0337 -0.0239
% Change day +0.00% -0.04% -0.09% -0.11% -0.14%
% Change week +0.00% -0.04% -0.09% -0.11% -0.14%
% Change month +0.52% +0.81% +1.14% +1.29% +1.41%
% Change year +2.77% +4.53% +6.44% +7.37% +8.19%

 

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: I’m getting closer to endorsing the buy signal on this chart as it continues to strengthen. I’m not there yet but I’m close. The SCTR continues to move up closer to 40. As I have noted many times that’s the magic number. My whole concern with this is what it means for stocks if we get a buy signal in bonds. Most of the time but not all the time that predicts a sell off in stocks. As always, keep on eye on this chart for that reason!
Flat and slow on volume that’s low! I’m a poet and I know it…..  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

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