Good Evening, The market snapped back today on optimism that the EU and US will work out their differences on trade. As far as I’m concerned it’s just an up day in what is turning out to be a choppy summer. Hopefully we will have enough of these days to keep us in the game. The main issue is that the escalating trade war with China will continue to produce headwinds for the market. Until it is resolved the market will continue to thrash around. Nevertheless, as I have said before our goal is to remain in the market as long as possible in order to be in position when an agreement with China is finally reached. That agreement should provide the pop that we are waiting for.

The days trading left us with the following results: Our TSP allotment posted a gain of +1.00%. For comparison, the Dow added +0.75%, the Nasdaq +1.12%, and the S&P 500 +0.86%. Praise God for another great day!

The days action left us with following signals: C-Neutral, S-Neutral, I-Sell, F-Buy. We are currently invested at 100/S. Our allocation is now +5.88% on the year not including the days results. Here are the latest posted results:

God bless, Scott 

 

 ***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  KyFan1@aol.com.