Good Evening, The market shrugged off the North Korean crisis (for now) with the S&P 500 posting it;s biggest one day gain since April. This weekends unfortunate news from Virginia appeared to have little effect. I guess domestic issues don’t carry as much weight as Thermonuclear War….I sure don’t mean to take away from the seriousness of the incident in Charlotte. The news is just all bad right now. We need to pray for our nation. Somehow this wickedness must stop.
So was today a dead cat bounce or is it the beginning of another V Shaped recovery? Until I see the pattern of dip buying come to an end I’d have to bet on the latter. At the very least barring no land mines I would expect the market to trade sideways. Also don’t forget, it is the slow season for stocks. So we shouldn’t be expecting any big moves one way or the other.
The days trading left us with the following results: Our TSP allotment gained +0.73%. For comparison, the Dow was up +0.62%, the Nasdaq +1.34%, and the S&P 500 +1.00%. All in all not a bad day. Thank God for that.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested at 100/I. Our allocation is now +11.20% on the year not including the days results. Here are the latest posted results:
| 08/11/17 |
|
|
|
Prior Prices |
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
15.4038 |
18.0338 |
34.0837 |
43.3365 |
28.6214 |
| $ Change |
0.0010 |
0.0134 |
0.0456 |
0.1173 |
0.0171 |
| % Change day |
+0.01% |
+0.07% |
+0.13% |
+0.27% |
+0.06% |
| % Change week |
+0.04% |
+0.25% |
-1.36% |
-2.29% |
-1.48% |
| % Change month |
+0.07% |
+0.42% |
-1.07% |
-2.67% |
-0.89% |
| % Change year |
+1.43% |
+3.36% |
+10.40% |
+5.71% |
+16.34% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
19.056 |
25.8296 |
28.9118 |
31.1948 |
17.9182 |
| $ Change |
0.0066 |
0.0149 |
0.0256 |
0.0323 |
0.0209 |
| % Change day |
+0.03% |
+0.06% |
+0.09% |
+0.10% |
+0.12% |
| % Change week |
-0.26% |
-0.54% |
-0.93% |
-1.11% |
-1.28% |
| % Change month |
-0.17% |
-0.41% |
-0.73% |
-0.89% |
-1.04% |
| % Change year |
+3.51% |
+5.52% |
+7.74% |
+8.80% |
+9.75% |
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:
Tomorrow should tell the story. We will see if the recovery continues or the market resumes it’s slide. News was just released that the secretary of defense gave North Korea another warning and also that it appears we are on the verge of a trade war with China. It’s times like these that I must remind myself that God is on the throne. In addition, I correspond with a Pastor in Kenya. He tells me that they just finished an election there and the opposition has challenged the results. As a result there is ongoing blood shed throughout the country on a large scale that is not being reported on the news. This world is a mess and only Jesus can fix it! We are fortunate that the market is doing as well as it it doing. We must pray fervently for our Nation as well as for the world. The purpose of this blog is to help you invest your retirement accounts not to discuss world events. However, when world events have the propensity to destabilize the market we have no choice but to acknowledge them. Have a nice evening and we’ll do it again tomorrow.
God bless, Scott 
***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].
