07/16/19

Good Evening, Did I ever say this market is bi-polar? Today was a great example. Just a few weeks ago we had a major rally based on the fact that the Fed will probably lower interest rates during their next meeting on July 30-31st. Today the market sold off because a couple of the major banks mentioned in their reports that lower rates are squeezing their profit margins. Really? Investors just now realized this? I don’t know what their going to come up with next but what I do know is that my charts and indicators are still pointing up. At least for now…. President Trump is complaining that the Chinese trade negotiations aren’t going well and that he is ready to place tariffs on an additional 325 billion dollars worth of Chinese goods. We talked about that being an issue earlier. My thought at this moment is that the Fed will pretty well have to lower rates over the China thing and I also think President Trump who wants rates lowered knows it. There’s power in a tweet, no doubt!

Today’s trading left us with the following results: Our TSP allotment gave up -0.34%. For comparison, the Dow slipped -0.09%, the Nasdaq -0.43%, and the S&P 500 -0.34%.

 

Wall Street slips as bank earnings, Trump trade comments weigh

The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/C. Our allocation is now +12.31% on the year including the day’s results. Here are the latest results.

 

07/16/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.2123 19.175 43.5534 53.1533 30.5506
$ Change 0.0010 -0.0253 -0.1474 -0.0940 -0.0559
% Change day +0.01% -0.13% -0.34% -0.18% -0.18%
% Change week +0.02% -0.03% -0.32% -0.43% -0.02%
% Change month +0.09% -0.40% +2.20% +1.16% -0.05%
% Change year +1.38% +5.69% +21.14% +20.87% +14.37%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.6805 28.5327 33.1586 36.2891 21.1005
$ Change -0.0121 -0.0213 -0.0544 -0.0708 -0.0465
% Change day -0.06% -0.07% -0.16% -0.19% -0.22%
% Change week -0.03% -0.05% -0.13% -0.16% -0.19%
% Change month +0.31% +0.39% +0.76% +0.89% +1.00%
% Change year +5.03% +6.49% +11.88% +13.97% +15.75%

 

 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 generated an overall Neutral signal when the PMO and MACD moved into negative configurations. 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. Keep watching the charts. Have a nice 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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