06/19/19

Good Evening, Just a quick blog tonight. The June Fed meeting concluded today and as anticipated they left rates unchanged. The market however, was focused on the Fed Statement and Chairman’s news conference. Both seemed pleasing to the equity and fixed income markets. The Fed removed the word patient from their statement and stated that they would act appropriately to maintain the economic expansion which basically paved the way for interest rate cuts. That will be good for stocks because there will be more cheap money to flow into equities and good for bonds because yields will drop which will cause bond prices to rise…… Works for me. I still prefer bonds until I see a trade agreement with China or possibly an actual rate cut (not just speculation). Of course any move to equities would have to be supported by the charts….

The days trading left us with the following results: Our TSP allotment posted a gain of +0.34%. For comparison, the Dow added +0.15%, the Nasdaq +0.42%, and the S&P 500 +0.23%. All in all is was a nice day. Praise God for that!

 

Stocks approach record as Fed soothes Wall Street’s fears

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Buy. We are currently invested at 100/F. Our allocation is now +12.38% on the year not including the days results. Here are the latest posted results.

 

06/18/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.1852 19.1331 42.2524 52.0455 29.8961
$ Change 0.0010 0.0365 0.4080 0.5681 0.2584
% Change day +0.01% +0.19% +0.98% +1.10% +0.87%
% Change week +0.02% +0.25% +1.07% +1.53% +0.65%
% Change month +0.11% +0.63% +6.14% +5.79% +3.62%
% Change year +1.21% +5.46% +17.52% +18.35% +11.92%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.5391 28.2888 32.6175 35.5982 20.6505
$ Change 0.0439 0.0802 0.1916 0.2486 0.1638
% Change day +0.21% +0.28% +0.59% +0.70% +0.80%
% Change week +0.24% +0.31% +0.62% +0.73% +0.83%
% Change month +1.19% +1.56% +3.20% +3.79% +4.30%
% Change year +4.31% +5.58% +10.06% +11.80% +13.28%

 

 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: The I Fund whipsawed back to a buy signal when the SCTR moved back above 40. Two or more negative signals or the 5 EMA below the 50 EMA or 200 EMA  or an SCTR below 40 generate a neutral signal. Any three indicators negative accompanied by both or either the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a sell signal. A buy signal is generated then the 5 EMA is above the 50 EMA and the 200 EMA, One or less indicators are negative, and the SCTR is higher than 40.
F Fund:
That’s all for tonight! Have a great 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  [email protected]. 

 

 

 

 

 



Written By

Scott Grimes

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