07/13/18

Good Evening, The market traded slightly higher after several major banks kicked off earnings season with the mixed results. Market players for the most part forgot trade war worries on looked ahead to corporate reports that are anticipated to be very good. The bottom line is this, trade war concerns may be able to slow the market advance down but will likely not stop it as long as earnings are good. It’s all about the earnings! The S&P 500 sits only 2.5 percent from its Jan. 26 record closing high and is now up 4.8 percent for the year so far.

The days trading left us with the following results: Our TSP allotment posted a slight loss of -0.09%. For comparison, the Dow gained +0.38%, the Nasdaq +0.03%, and the S&P +0.11%.

 

S&P 500 at five-month high, but banks weigh after results

The weeks action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Buy. We are currently invested at 100/S. Our allocation is now +8.35% on the year not including the days results. Here are the latest reported results.

 

07/12/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.7682 17.8824 39.7633 52.9504 30.2207
$ Change 0.0012 -0.0005 0.3489 0.2758 0.0713
% Change day +0.01% +0.00% +0.89% +0.52% +0.24%
% Change week +0.05% +0.03% +1.43% +0.43% -0.18%
% Change month +0.09% +0.28% +3.02% +2.91% +0.39%
% Change year +1.47% -1.28% +5.72% +9.25% -2.06%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9133 27.4615 31.6153 34.5293 20.0571
$ Change 0.0264 0.0569 0.1213 0.1565 0.1028
% Change day +0.13% +0.21% +0.39% +0.46% +0.52%
% Change week +0.20% +0.29% +0.50% +0.58% +0.64%
% Change month +0.53% +0.78% +1.38% +1.63% +1.83%
% Change year +1.86% +2.12% +2.86% +3.14% +3.41%

 

 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:
Well, we lived to fight another day. That’s all for tonight. Have a great weekend and may God continue to bless your trades. 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  [email protected]. 

 

 

 

 

 

 

 



Written By

Scott Grimes

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