07/21/17

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:

 

07/20/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.3829 17.9645 34.489 44.8795 28.8879
$ Change 0.0010 0.0069 -0.0030 -0.0102 0.1752
% Change day +0.01% +0.04% -0.01% -0.02% +0.61%
% Change week +0.04% +0.38% +0.60% +0.84% +1.00%
% Change month +0.12% +0.47% +2.17% +1.92% +2.91%
% Change year +1.29% +2.96% +11.71% +9.47% +17.42%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.0864 25.9446 29.1544 31.5167 18.1364
$ Change 0.0080 0.0188 0.0328 0.0413 0.0267
% Change day +0.04% +0.07% +0.11% +0.13% +0.15%
% Change week +0.20% +0.33% +0.50% +0.58% +0.66%
% Change month +0.59% +0.99% +1.52% +1.77% +1.99%
% Change year +3.67% +5.99% +8.64% +9.92% +11.09%

 

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:
It looks like investors are taking a wait and see attitude. Works for me! 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

  • 09/08/25

    Good Morning, The train left the station after Fridays jobs report. That may have well been the bottom of the current dip. It is now highly likely that the Fed will reduce rates on Sept 17th. More on that later. Right now lets focus on our trains next stop which will be Wednesdays Producer Price…

  • 09/01/25

    Good Afternoon, Happy Labor Day! I hope this note finds you enjoying some fine cuisine fresh off the grill! Well here we are starting a new month. The dreaded month of September. The weakest month for the stock market since the 20’s and here we are 100% invested in equities. What gives? First of all…

  • 08/24/2024

    Good Afternoon, We talked last week about Jerome Powell’s speech at Jackson Hole Wyoming being a possible inflection point for the market and that’s exactly what it ended up being. The Fed chairman gave a somewhat dovish address in which he noted that  “the baseline outlook and the shifting balance of risks may warrant adjusting…