Good Evening, Disappointing earnings primarily from Intel ended the markets 7 day winning streak. During the days trading I noticed that the $VIX (volatility index) spiked. I watch this index closely as it more often than not coordinates with changes in the market. Usually, when nobody else is expecting it. Perhaps, this is the beginning of the pullback we have been waiting for. With seasonality on our side, I sure wouldn’t bet against it. At any rate, we had our money in the best place today.
The days trading left us with the following results: Our TSP allotment gained +0.09%. For comparison, the Dow lost -0.42%, the Nasdaq -0.31%, and the S&P 500 -0.36%.
The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/F. Our allocation is now +1.37% on the year not including the days results. Here are the latest posted results:
| 07/20/16 |
|
|
|
Prior Prices |
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
15.0667 |
17.9051 |
29.6703 |
37.7917 |
23.928 |
| $ Change |
0.0007 |
-0.0173 |
0.1299 |
0.2765 |
0.1470 |
| % Change day |
+0.00% |
-0.10% |
+0.44% |
+0.74% |
+0.62% |
| % Change week |
+0.02% |
+0.07% |
+0.54% |
+0.55% |
+0.20% |
| % Change month |
+0.08% |
+0.10% |
+3.64% |
+4.42% |
+2.84% |
| % Change year |
+1.01% |
+5.60% |
+7.65% |
+7.25% |
-0.69% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
18.1715 |
23.9629 |
26.0802 |
27.753 |
15.7346 |
| $ Change |
0.0188 |
0.0555 |
0.0878 |
0.1096 |
0.0712 |
| % Change day |
+0.10% |
+0.23% |
+0.34% |
+0.40% |
+0.45% |
| % Change week |
+0.11% |
+0.21% |
+0.29% |
+0.33% |
+0.38% |
| % Change month |
+0.77% |
+1.60% |
+2.27% |
+2.64% |
+2.99% |
| % Change year |
+2.24% |
+3.25% |
+4.06% |
+4.45% |
+4.71% |
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: Price is still dealing with resistance at around 216.50. The MFI has started to dip. This indicator can sometimes be used as an early alert for a possible change in direction. Price will have to break through this resistance if the rally is to continue.
S Fund: The same as the C Fund. Price has encountered resistance at 89. This resistance must be broken it the rally is to go on. The SCTR of 69.8 remains the best out of our TSP Funds.
I Fund: Price managed to close again above it’s 200EMA. While a lot of progress has been made, this fund is still technically in a downtrend.
F Fund: Slow but sure as price remains within an ascending wedge with a large separation between the bullishly configured EMA’s. In the event that this extended market moves into a new downtrend our capital will be safe here.
We remain safely invested in bonds as we wait for the next downturn to create a better entry point into stocks. With the VIX spiking that trend reversal may have started today. We will keep a close eye on our charts to see if anything develops. That’s all for tonight. Have a great evening and may God continue to bless your trades!
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 [email protected].
