07/20/18

Good Evening, The market got hit by the three T’s again today. Trump, Tariffs, and Trade. The market reacted negatively when President Trump threatened to put tariffs on an additional 500 billion dollars worth of Chinese goods. Prior to the announcement the Dow and S&P 500 had been trading in the green. All three of the major indices ended the day slightly in the red. The selling probably would have been worse if not for several good earnings reports. The number of reports pick up next week so we’ll see if that can shake things up a bit. So far, 87 companies of the S&P 500 have posted results, of which 83.9 percent have beat consensus estimates. If the trade issues can get straightened out the earnings will take us higher.

The days trading left us with the following results: Our TSP allotment fell back -0.43%. For comparison, the Dow dropped -0.03%, the Nasdaq -0.07%, and the S&P 500 -0.09%. The only TSP Fund that was in the green was the I Fund which was up +0.49%.

 

Wall Street slips as trade worries dampen upbeat earnings

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 +8.56% on the year not including the days results. Here are the latest posted results:
07/19/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.777 17.9041 39.8582 53.2388 30.294
$ Change 0.0013 0.0281 -0.1540 0.1430 -0.1045
% Change day +0.01% +0.16% -0.38% +0.27% -0.34%
% Change week +0.05% -0.03% +0.13% +0.65% -0.09%
% Change month +0.15% +0.40% +3.26% +3.47% +0.63%
% Change year +1.52% -1.16% +5.98% +9.85% -1.82%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9342 27.4981 31.6788 34.6086 20.1083
$ Change -0.0082 -0.0204 -0.0479 -0.0619 -0.0406
% Change day -0.04% -0.07% -0.15% -0.18% -0.20%
% Change week +0.06% +0.07% +0.10% +0.12% +0.13%
% Change month +0.63% +0.91% +1.59% +1.86% +2.09%
% Change year +1.96% +2.26% +3.07% +3.38% +3.67%

 

 

 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: This buy signal is getting weak!
We knew the summer would be choppy. Especially with the trade issues. So this market action is no surprise. We just need to keep doing what we do and that is watch the charts and react to what we see. Right now no adjustments are needed. That’s all for this week. Have a  nice weekend 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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