08/03/18

Good Evening, The Dow, S&P 500, and Nasdaq were all in the green but today was one of those days when the major indices did a poor job of portraying the true nature of the market. Volume and breadth were both terrible. Breadth today was just 3775 gainers to 3270 decliners and Volume on U.S. exchanges was 5.96 billion shares, compared with the 6.29 billion-share average over the last 20 trading days. Small caps were again lagging as well. I’m not really sure what the reason for that was but I can’t see it continuing with the trade war escalating. As you can see there were almost as many losers as there was gainers. There are many many small cap stocks and breadth is never good when they don’t perform well. The volume was poor as August is the peak vacation month for investors. This is partially a function of school starting soon and partially a function of August historically being a poor month to trade. August is the very definition of “Dog days of summer”……..

The days trading left us with the following results: Our TSP allotment was off -0.20%. For comparison, the Dow added +0.54%, the Nasdaq +0.12%, and the S&P 500 +0.46%. One day it’s large caps and the next day it’s small caps. Which one does well depends on what trade news is released on that particular day……

 

Wall Street gains as upbeat earnings trump trade jitters

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 +7.85% for the year. Here are the latest posted results:

 

08/03/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.7958 17.857 40.3858 52.707 30.4749
$ Change 0.0013 0.0362 0.1916 -0.1207 0.0807
% Change day +0.01% +0.20% +0.48% -0.23% +0.27%
% Change week +0.06% +0.15% +0.80% +0.92% -1.44%
% Change month +0.02% +0.10% +0.88% +0.78% -1.19%
% Change year +1.64% -1.42% +7.38% +8.75% -1.23%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9803 27.5824 31.8304 34.7939 20.225
$ Change 0.0163 0.0324 0.0637 0.0801 0.0511
% Change day +0.08% +0.12% +0.20% +0.23% +0.25%
% Change week +0.08% +0.09% +0.12% +0.13% +0.14%
% Change month +0.07% +0.10% +0.16% +0.19% +0.21%
% Change year +2.20% +2.57% +3.56% +3.93% +4.27%

 

 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: Starting to get stronger, but will it last?
That’s all for this week. Have a great weekend 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  [email protected]. 

 

 

 

 

 

 

 

 



Written By

Scott Grimes

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