07/24/17

Good Evening, The tech sector rallied but most of the others were found to be lacking on the day. Most of the focus by traders this week is on the Fed meeting that concludes Wednesday. They will be paying close attention to the Fed’s statement released at 2 PM EDT that day to see what is said about future interest rate hikes and the unwinding of the Fed’s large balance sheet of bonds. For those of you who are new investors and are wondering exactly what this is well the Fed purchased bonds to stimulate the economy after the financial crisis in 2009. The time has now come to start selling those bonds which the talking heads refer to as reducing the Fed’s balance sheet. This will most assuredly not have a good effect on the market. So how many bonds they sell and how fast they sell them will be of particular interest to investors…..

The days trading left us with the following results: Our TSP allotment gave up -0.27%. For comparison, the Dow dropped -0.31%, the Nasdaq gained +0.36%, and the S&P 500 slipped -0.11%.

 

Nasdaq, tech shine as earnings pick up; Dow, S&P lag

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Buy. We are currently invested at 100/I. Our allocation is now +11.65% for the year not including the days results.

Here are the latest posted results:

 

07/21/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.3838 17.9962 34.4762 44.7601 28.7375
$ Change 0.0009 0.0317 -0.0128 -0.1194 -0.1504
% Change day +0.01% +0.18% -0.04% -0.27% -0.52%
% Change week +0.04% +0.55% +0.56% +0.57% +0.47%
% Change month +0.13% +0.64% +2.13% +1.65% +2.38%
% Change year +1.30% +3.14% +11.67% +9.18% +16.81%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.0811 25.927 29.1187 31.4699 18.1046
$ Change -0.0053 -0.0176 -0.0357 -0.0468 -0.0318
% Change day -0.03% -0.07% -0.12% -0.15% -0.18%
% Change week +0.17% +0.26% +0.38% +0.44% +0.48%
% Change month +0.56% +0.93% +1.40% +1.62% +1.81%
% Change year +3.64% +5.92% +8.51% +9.76% +10.90%

 

 

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:
We’ll see if there are any surprises as we head into the Fed meeting. Other than that it’s typical summer trading. That’s all for tonight. Have a nice evening.
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…