08/01/18

Good Evening, Good Apple earnings from last night brought the tech sector higher while the rest of the market was weighted down by falling oil prices. We already knew about the former. The latter was a result of a report that showed monthly crude stockpiles rising in the US. This afternoons Fed meeting minutes were no surprise with no interest rate increase as expected. An increase is expected next month but already appears to be priced into the market. In general the Fed minutes indicate that they are willing to let the economy run a little hot as long as it doesn’t get out of hand. They indicated that the economy is “robust” which is really what we want to hear. One other thing worth noting. The Trump administration indicated that they were prepared to increase the tariffs on 200 billion dollars worth of Chinese goods from 10 to 25%. Chinese officials called it blackmail. Whatever…..We’ll have to keep a close eye on our charts which is nothing new in 2018!

The days action left us with the following results: Our TSP allotment slipped back -0.03%. For comparison, the Dow dropped -0.32%, the Nasdaq gained +0.46% due to Apple, and the S&P 500 fell -0.10%.

 

S&P, Dow edge down after Fed decision; tech boosts Nasdaq

The days action left us with the following signals: C-Buy, S-Neutral, I-Neutral, F-Sell. We are currently invested at 100/S. Our allocation is now +7.01% on the year not including the days results. Here are the latest posted results:

 

07/31/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.7919 17.8396 40.0345 52.2986 30.8418
$ Change 0.0012 0.0174 0.1960 0.5134 -0.0809
% Change day +0.01% +0.10% +0.49% +0.99% -0.26%
% Change week +0.03% +0.05% -0.08% +0.14% -0.26%
% Change month +0.25% +0.04% +3.72% +1.64% +2.45%
% Change year +1.62% -1.52% +6.45% +7.91% -0.04%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9657 27.555 31.779 34.7292 20.1832
$ Change 0.0156 0.0326 0.0684 0.0893 0.0594
% Change day +0.08% +0.12% +0.22% +0.26% +0.30%
% Change week +0.01% -0.01% -0.04% -0.06% -0.07%
% Change month +0.79% +1.12% +1.91% +2.21% +2.48%
% Change year +2.12% +2.47% +3.39% +3.74% +4.06%

 

 

 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:
Another day of summer trading. We’ll have to keep an close eye on the charts due to the tariffs but I wonder if there is even a need for me to mention that….. 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

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