08/03/16

Good Evening, Just when the bears had the advantage and we thought we were finally heading down, the dip buyers showed up to put us right back in the same trading range. However, with the dog days of summer in mid swing it will be hard for the bulls to gain any meaningful ground. The bottom line is that this market remains range bound and it is impossible to know in which direction it will ultimately go. A lot of market players think it’s going to be down, but they have been wrong for years now. So who’s to really say that this time is any different.

The days trading left us with the following results: Our TSP allotment eased up +0.11%. For comparison, the Dow gained +0.23%, the Nasdaq +0.43%, and the S&P +0.31%.

 

Energy, financial stocks give Wall St. modest lift

 

The days action left us with the following signals: C-Neutral, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/F. Our allotment is now +1.48% on the year not including the days results. Here are the latest posted results:

08/02/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.0746 17.9262 29.4587 37.6034 24.1872
$ Change 0.0006 -0.0378 -0.1877 -0.4690 -0.0257
% Change day +0.00% -0.21% -0.63% -1.23% -0.11%
% Change week +0.01% -0.42% -0.76% -1.42% -1.06%
% Change month +0.01% -0.42% -0.76% -1.42% -1.06%
% Change year +1.07% +5.73% +6.88% +6.72% +0.38%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.1746 23.9556 26.0624 27.7286 15.7177
$ Change -0.0221 -0.0620 -0.0974 -0.1215 -0.0783
% Change day -0.12% -0.26% -0.37% -0.44% -0.50%
% Change week -0.21% -0.44% -0.63% -0.73% -0.83%
% Change month -0.21% -0.44% -0.63% -0.73% -0.83%
% Change year +2.26% +3.22% +3.99% +4.35% +4.60%

 

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:
C Fund
S Fund:
S Fund
I Fund:
F Fund
F Fund:
F Fund
Neither the bulls or the bears have a clear advantage. I have clearly bet on a downturn. However, talk of an interest rate increase is acting as a headwind for bonds. So the F Fund remains stuck in a narrow trading range as well. It would be ideal if this trading range would resolve itself soon. That is what I intend to pray for! 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

  • 05/19/25

    Good Morning, Another day another challenge. This market is anything other than boring and I say that not necessarily in a good way! When it comes to the market I think boring is good. That means less volatility and that means less stress. Nonetheless, we have what we have and we must deal with it.…

  • 05/12/25

    Good Morning, Our charts told us we were at the bottom and the fundamentals agreed. The opportunity was so compelling that we probably jumped back in a few weeks to early, but we wanted to make darn sure we were positioned for the run that would surely come. The market dipped and many chicken little…

  • 05/05/25

    Good Morning, Inevitably, we will have a down day and today is it. Believe it or not the S&P 500 has gone up the past nine sessions and it’s been a long time since it’s done that. So a down day today is not so bad. The recent run has pretty much put things back…