06/12/18

Good Evening, The broader market ignored the history making US/North Korean summit with the major indices coming in mixed on the the day. Although there was an agreement to denuclearize the Korean Peninsula no details were released. The markets reaction was like OK, I’ll get excited when you really show me something. Also, not to be overlooked is the conclusion of this months FOMC meeting tomorrow. Investors seem to be pausing ahead of the announcement tomorrow afternoon at 2:00 PM ET. Another rate increase is pretty well expected. So that won’t upset the apple cart, but what investors will be looking closely at is the Fed Statement. They will be watching to see how hawkish it is concerning future rate hikes. If it is too hawkish you will see a strong bout of selling. If not then the market will rally. Of course any negative statement about inflation will lead to more selling. We will just have to wait and see.

The days trading left us with the following results: Our TSP allotment had another nice day posting a gain of +0.41%. I praise God for that. For comparison, the Dow was flat at -0.01%, the Nasdaq was up +0.57%, and the S&P 500 added +0.17%.

 

S&P 500, Nasdaq end higher; investors turn focus to Fed

The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +7.43% on the year not including the days results. Here are the latest posted results.

 

06/11/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.7297 17.7321 39.4679 52.503 31.0643
$ Change 0.0037 -0.0177 0.0424 0.0587 0.2058
% Change day +0.02% -0.10% +0.11% +0.11% +0.67%
% Change week +0.02% -0.10% +0.11% +0.11% +0.67%
% Change month +0.09% -0.67% +2.88% +2.92% +1.95%
% Change year +1.22% -2.11% +4.94% +8.33% +0.68%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.8776 27.4402 31.6273 34.5617 20.0873
$ Change 0.0132 0.0274 0.0533 0.0679 0.0447
% Change day +0.07% +0.10% +0.17% +0.20% +0.22%
% Change week +0.07% +0.10% +0.17% +0.20% +0.22%
% Change month +0.54% +0.88% +1.56% +1.85% +2.11%
% Change year +1.67% +2.05% +2.90% +3.23% +3.56%

 

 

 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:
No adjustments needed! We’ll see what the Fed meeting brings us tomorrow. That’s all for tonight. 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

  • 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…

  • 04/29/2025

    Good Afternoon, This was a Fed Driven market. It was all about when the Fed would be reducing interest rates based on inflation and that’s still the case to a certain degree, but in all actuality everything is waiting on the outcome of the tariff situation. So given that fact I’m going to say that…