08/21/18

Good Evening, The market rose again today on renewed trade optimism as Trade meetings with China are scheduled to begin tomorrow. The S&P 500 touched an intraday record high although the major indices all finished the day way off their highs. The media declared the bull market to be the longest bull market in history. I believe they used the definition of a run without a decline of 20% or more. Technically I guess their correct. After all they do have to have something to write about and the more sensational the better. Nonetheless, my take is a little different. If I am forced to define this market then I will call it a “rotational” bull market which leads us to the reason that it has been going up so long in the first place. While it’s technically true that the market hasn’t had a drop of 20% or more (as a whole) since 2009, it’s only a half truth. Let me explain. There have been many sectors that have dropped 20% during that time with the outgoing money rotating into other sectors. Thus, while the indices remained high there were individual sectors that suffered to the tune of a bear market. If you need an example you don’t have to look father than the Tech sector in February, March, and early April of this year. I can hear them now. Scott you just have to find something negative about everything! Wait just a minute!!! You don’t know where I’m going. This is a positive. While sector rotation may be bad for individual investors when they are invested in a declining sector it is good for you!!! As TSP investors you are invested in broad based indexes. What do you care about individual sectors??? As long as the money moves from one sector to the other, the major indices continue to rise and you my friends continue to make money. This rotation is great for you and it is the reason that this bull market has legs to run!!!!! Who said I couldn’t find anything to write about in August?

The days trading left us with the following results: Woo Hoo! Our TSP allotment made another gain +0.92%. Thank You Jesus! For comparison, the Dow was up +0.25%, the Nasdaq +0.49%, and the S&P 500 +0.21%. It was a great day!

 

S&P touches record high, equals longest-ever bull run

The days action left us with the following signals: C-Neutral, S-Buy, I-Sell, F-Buy. We are currently invested at 100/S. Our allocation is now +9.34% on the year not including the days results. Here are the latest posted results.

 

 

08/20/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.818 17.9828 40.6804 53.4345 29.8642
$ Change 0.0040 0.0512 0.1000 0.1948 0.1614
% Change day +0.03% +0.29% +0.25% +0.37% +0.54%
% Change week +0.03% +0.29% +0.25% +0.37% +0.54%
% Change month +0.17% +0.80% +1.61% +2.17% -3.17%
% Change year +1.79% -0.73% +8.16% +10.25% -3.21%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.0098 27.6195 31.8625 34.8255 20.241
$ Change 0.0212 0.0405 0.0769 0.0977 0.0633
% Change day +0.11% +0.15% +0.24% +0.28% +0.31%
% Change week +0.11% +0.15% +0.24% +0.28% +0.31%
% Change month +0.22% +0.23% +0.26% +0.28% +0.29%
% Change year +2.35% +2.71% +3.66% +4.02% +4.35%

 

 

 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: I know this one doesn’t have a buy signal yet, but you can feel pretty confident if you own it or are buying it. The bull shaped wedge denoted by the blue lines below is a pretty sure sign that this Fund is going higher!
S Fund:
I Fund: Another V Shaped recovery???
F Fund:
There’s nothing to add here. It was a good day and our allocation is working great! 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  [email protected]. 

 

 

 

 

 

 

 

 



Written By

Scott Grimes

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