07/23/18

Good Evening, The market was boosted today by financials that moved higher after bond yields increased. For those of you new to the game, financials usually rise with bond yields in anticipation of higher interest rates. Higher interest rate environments benefit banks. Bond Yields and Bond prices move in opposite directions so if your invested in bonds (i.e. the F Fund) you might consider moving your money elsewhere. A good earnings report from Alphabet the parent company of Google also provided some tailwinds for the market today. Hopefully, more good earnings will follow as we anticipated and continue to put a bid under the market.

The days trading left us with the following results: Our TSP allotment was flat at -0.01%. For comparison, the Dow gave up -0.06%, the Nasdaq added +0.28%, and the S&P 500 gained +0.18%.

 

S&P 500 index rises as climbing yields boost financial sector stocks

The day action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Sell. We are currently invested at 100/S. Our allocation is now +8.54% on the year. Here are the latest posted results.

 

07/23/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.782 17.7997 39.8955 53.0466 30.4451
$ Change 0.0038 -0.0612 0.0736 -0.0078 -0.0675
% Change day +0.02% -0.34% +0.18% -0.01% -0.22%
% Change week +0.02% -0.34% +0.18% -0.01% -0.22%
% Change month +0.18% -0.19% +3.36% +3.09% +1.13%
% Change year +1.55% -1.74% +6.08% +9.45% -1.33%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9379 27.5063 31.6971 34.6314 20.1236
$ Change 0.0008 0.0010 0.0011 0.0007 0.0006
% Change day +0.00% +0.00% +0.00% +0.00% +0.00%
% Change week +0.00% +0.00% +0.00% +0.00% +0.00%
% Change month +0.65% +0.94% +1.65% +1.93% +2.17%
% Change year +1.98% +2.29% +3.13% +3.44% +3.75%

 

 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: The F Fund moved to a sell signal when the PMO, MACD, and Wms%R all moved into negative configurations with the SCTR below 40. Based a surge in bond yields I expect this trend to continue.

 

Just another typical day of summer trading…. That’s all tonight. Have a great 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

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