07/08/18

Good Evening, Investors decided to ignore the trade concerns that convinced them to seek risk off investments yesterday and scoop up some bargains on their favorite names that were beat up during the sector rotation. As a result all the major indices finished the last session of the week in the green. I have to say why not buy? “Investors aren’t really trading on the big news of the day which is the G7,” Katrina Lamb, head of investment strategy and research at MV Financial, in Bethesda, Maryland. “This stuff is going to matter at some point. The optics of the G7 alone are something that should concern people but in terms of the practical immediate effect probably not much.” In the meantime, investors focused on expectations for strong growth among U.S. corporations, according to Lamb citing expectations for sales growth of more than 7 percent this year. She also pointed to Wall Street estimates for 2018 earnings growth of 22.2 percent, according to Thomson Reuters I/B/E/S. “The math looks really good in terms of the relation between price and earnings and sales,” she said. “This is a perfectly good time to be long the market.” We knew it was gong to be choppy going into the summer but our portfolios should all be higher when we are done riding the waves. There will be a time to focus on preserving what we have. However, right now our task is to keep moving forward and of course that will mean riding out some big waves!

The days trading left us with the following results: Our TSP allotment gained +0.37%. For comparison, the Dow added +0.30%, Nasdaq +0.14%, and S&P 500 +0.31%. Praise God for another good day!

 

Wall Street rises, investors eye Fed decision, summit fears ebb

The weeks action left us with the following signals: C-Buy, S-buy, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now +6.91% for the year not including the days gains. Here are the latest posted results:

 

06/07/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.7247 17.7547 39.3013 52.2468 31.0213
$ Change 0.0012 0.0383 -0.0208 -0.1666 0.1062
% Change day +0.01% +0.22% -0.05% -0.32% +0.34%
% Change week +0.05% -0.19% +1.34% +1.55% +1.49%
% Change month +0.05% -0.54% +2.45% +2.42% +1.81%
% Change year +1.19% -1.99% +4.50% +7.80% +0.54%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.8607 27.4054 31.5599 34.4757 20.0307
$ Change 0.0048 0.0076 0.0101 0.0114 0.0062
% Change day +0.02% +0.03% +0.03% +0.03% +0.03%
% Change week +0.31% +0.49% +0.87% +1.02% +1.16%
% Change month +0.46% +0.75% +1.35% +1.60% +1.82%
% Change year +1.59% +1.92% +2.68% +2.98% +3.27%

 

 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:
I guess if I had to give this market a description it would be smooth sailing in choppy waters. I can’t help but think of the fact that Jesus calmed the sea for the disciples and He still does it for us today! I give Him all the praise for guiding our group. The folks that have been with me from the beginning know that our success has been much more than chance. That’s all for tonight. Have a great weekend and I’ll see you Monday!
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  KyFan1@aol.com. 

 

 

 

 

 

 



Written By

Scott Grimes

  • 10/06/25

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  • 09/29/25

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  • 09/22/25

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