Good Evening, Today the market traded with a negative bias ending the session just below even. I could probably copy this statement to my blogs and describe a great majority or the days between now and November. While there will be some occasional movement, in the end, stocks will often end this period of the year close to where they started. That’s why they call it the dog days of summer. Today stocks sold off after the large industrial GE made a down beat forecast during it’s quarterly earnings report. Just another summer day. GE hasn’t exactly been a power house in the last year so I’m not overly concerned about the news. I still believe the direction of the stock market depends on earnings and tax reform.

The days trading left us with the following result. Our TSP allotment fell back -0.39%. For comparison, the Dow was off -0.15%, the Nasdaq -0.04%, and the S&P 500 -0.04%.

Wall Street Retreats From Records as GE Presents Downbeat Outlook

The weeks action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Buy. We are currently invested at 100/I. Our allotment is now +12.23% on the year not including the days results. Here are the latest posted results:

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  KyFan1@aol.com.