07/10/17

Good Evening, We are definitely in the clutches of summer trading. It goes nowhere and leaves you with a negative taste at the end of the day. That said every summer market takes on it’s own personality and this one has taken of the characteristic of indecision. That’s right, one day it will be up and the next there will be no momentum. There is a lack of consistency by either the bulls or the bears. Neither one can build on the momentum they had the day before. I would call it a classic struggle but it has more the feel of stagnation. I’d also say it has the feel of a market that’s toppy but then I’d be saying the same thing the talking heads have been saying for the past seven years and I sure don’t want to be compared to them. At any rate the major indices managed slight gains on the day. Tech bounced back just a little while healthcare dropped as investors remain concerned over exactly what will result from the current healthcare debate.

The days trading left us with the following results: Our TSP allotment gained +0.25%. For comparison the Dow was flat at -0.03%, the Nasdaq was up +0.38%, and the S&P 500 edged up +0.09%.

 

Wall Street starts week upbeat, boosted by tech shares

 

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested with 100% in the I Fund. Our allocation is now +8.55% not including today’s results. Here are the latest posted results.

 

07/07/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.3705 17.8156 33.8041 43.9672 27.9393
$ Change 0.0009 -0.0182 0.2152 0.4231 -0.1247
% Change day +0.01% -0.10% +0.64% +0.97% -0.44%
% Change week +0.04% -0.37% +0.14% -0.15% -0.47%
% Change month +0.04% -0.37% +0.14% -0.15% -0.47%
% Change year +1.21% +2.11% +9.50% +7.25% +13.57%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.9735 25.6822 28.6985 30.9442 17.7669
$ Change 0.0132 0.0342 0.0632 0.0810 0.0535
% Change day +0.07% +0.13% +0.22% +0.26% +0.30%
% Change week -0.01% -0.03% -0.06% -0.08% -0.09%
% Change month -0.01% -0.03% -0.06% -0.08% -0.09%
% Change year +3.06% +4.92% +6.94% +7.93% +8.83%

 

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:
Ok, How many days is it until November? LOL   That’s all for tonight. Have a nice 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  KyFan1@aol.com. 

 

 

 

 



Written By

Scott Grimes

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