07/29/19

Good Evening, Investors stopped most of their buying and stood back and watched as they await what they think will be a quarter point rate cut from the Fed on Wednesday. I also think there will be a quarter point cut. More than a quarter point and the market will party. Less than a quarter point and it will sell off. A quarter point will bring either a modest continuation of the current rally or a sell the news reaction. Either way, stocks will eventually continue to move up with a quarter point cut. If you have a moderate to long time horizon you should should be fine either way. If you have a short time horizon then you might want to forgo taking a chance on this deal. While there is indeed a significant chance that there will be a cut, nothing is certain in this business. Bottom line, if a market moving event is on the horizon always make sure you portfolio has time to recover if it goes against you……

The days trading left us with the following results: Our TSP allotment fell -0.16%. For comparison, the Dow added +0.11%, the Nasdaq gave up -0.44%, and the S&P 500 slipped -0.16%. It was not a money making day but no real damage was done.

 

Wall St. takes a pause in wait for Fed news, trade progress

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 +13.15% on the year not including the days results. Here are the latest posted results:
07/26/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.2217 19.2472 43.8802 53.8984 30.4527
$ Change 0.0009 -0.0013 0.3217 0.5320 -0.0668
% Change day +0.01% -0.01% +0.74% +1.00% -0.22%
% Change week +0.04% -0.03% +1.66% +2.07% -0.19%
% Change month +0.15% -0.02% +2.97% +2.58% -0.37%
% Change year +1.43% +6.09% +22.05% +22.56% +14.00%
L INC L 2020 L 2030 L 2040 L 2050
Price 20.714 28.586 33.2672 36.4273 21.1906
$ Change 0.0197 0.0343 0.0879 0.1151 0.0766
% Change day +0.10% +0.12% +0.26% +0.32% +0.36%
% Change week +0.25% +0.31% +0.65% +0.77% +0.88%
% Change month +0.47% +0.58% +1.09% +1.28% +1.43%
% Change year +5.20% +6.69% +12.25% +14.40% +16.24%

 

 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:
It’s all about the FED now and they will make their announcement on Wednesday at 2:00 PM EDT. We’ve waited over a month for this day to come. That’s all for tonight. 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

  • 04/21/25

    Good Afternoon, The sky is falling right??? Well…..that all depends on your point of view. One thing we can all agree on though. This is a difficult market. It is not a pleasant market to trade. I’ve had more than a few comments and questions mostly off the record. It’s going down we’re losing money….…

  • 04/15/2024

    Good Day, You can read about anything you want to read about the current market. If you have a certain point of view you can find an article to assuage your feelings. It’s nice to feel good, but that kind of feel good doesn’t necessarily make you money. Just because you can find someone who…

  • 04/07/25

    Good Morning, I hate writing about things like this. Nobody really wants to hear it but it’s something that must be done. Are my message boards flooded? Oh yeah. You’ve got the combination of an unprecedented global event coupled with the fact that a lot of folks that are trading now never experienced a market…