Good Evening, The market started the morning down worrying about a September rate increase by the Fed, but ended the day higher after minutes from the previous Fed meeting showed that members were split over whether or not to raise rates.
The days trading left us with the following results: Our TSP allotment gained +0.19%. For comparison, the Dow was up +0.12%, the Nasdaq +0.03%, and the S&P 500 +0.19%.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Buy, F-Neutral. We are currently invested at 100/F. Our allocation is now +1.56% on the year not including the days results. Here are the latest posted results:
08/16/16 |
|
|
|
Prior Prices |
Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
Price |
15.0832 |
17.9388 |
29.7937 |
38.2419 |
24.7132 |
$ Change |
0.0006 |
-0.0160 |
-0.1586 |
-0.3322 |
-0.0928 |
% Change day |
+0.00% |
-0.09% |
-0.53% |
-0.86% |
-0.37% |
% Change week |
+0.02% |
-0.24% |
-0.24% |
-0.03% |
-0.37% |
% Change month |
+0.07% |
-0.35% |
+0.37% |
+0.25% |
+1.09% |
% Change year |
+1.13% |
+5.80% |
+8.10% |
+8.53% |
+2.56% |
|
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
Price |
18.2385 |
24.1247 |
26.3222 |
28.0492 |
15.9235 |
$ Change |
-0.0198 |
-0.0575 |
-0.0908 |
-0.1135 |
-0.0732 |
% Change day |
-0.11% |
-0.24% |
-0.34% |
-0.40% |
-0.46% |
% Change week |
-0.05% |
-0.11% |
-0.16% |
-0.19% |
-0.21% |
% Change month |
+0.14% |
+0.26% |
+0.36% |
+0.41% |
+0.47% |
% Change year |
+2.62% |
+3.95% |
+5.02% |
+5.56% |
+5.97% |
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: Price is hanging out just above support at a little over 217. This one’s neutral because the MACD and PMO are in negative configurations.
S Fund: This one is also neutral because the PMO and MACD are in negative configurations. It does have a good SCTR of 72.8. The SCTR or Stock Charts Technical Rating is a rating of a particular chart when taking into account all indicators. It is a handy resource to compare on chart to another. Think of it as a grade in School with 90 -100 being an A and 60 and below being and F. You get the idea. I generally won’t buy a chart that is below 40. Although, I’ll sometimes hold one that drops below 40 as I am doing with the F Fund right now. That has a lot to do with the condition of the market and the other charts I am looking to buy.
I Fund: This one is still a buy with all indicators in positive configurations. We are waiting to see if price can penetrate resistance at 59.0. Given that and a better SCTR, we may consider investing some funds here. In should be noted that the SCTR is improving!
F Fund: Price continues to trade sideways just above support as this market searches for a resolution to the tight trading range that it has been in for several weeks. The Williams%R along with an improving MACD give us hope that some upside is in the future. No guarantees but it is encouraging.
They don’t call this the dog days of summer for nothing. We’ll pray and keep our eye’s on the charts as we grind this one out. Have a great evening and may God continue to bless your trades.
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 KyFan1@aol.com.