08/21/17

Good Evening, So did you all watch the eclipse today? We were right in the center of it. It got pretty dark but the oddest thing about it was the way that the crickets and cicadas started singing like is was the middle of the night. It was quite odd indeed. You could see the eclipse in the market too. The volume went almost to nothing and then came back up again when it was over. There’s nothing you can’t see in the market if you look hard enough! Well you might as well have watched the eclipse if you didn’t because the market was pretty flat. The were small pockets of momentum, but only if you had individual stocks. If you were tracking the major indices it was pretty dead. There was a small dip and the dip buyers did show up but they only made a halfhearted attempt at buying. One thing I did take out of today’s action was that the slightly negative bias of the trading continued. Today was the 9th straight day in a row that there were more 52 week lows than 52 week highs on the New York stock exchange. That’s usually a sign that things aren’t trending well….

The days slow trading left us with the following results: Our TSP allotment was slightly off at -0.03%. For comparison, the Dow gained +0.13%, the Nasdaq  slipped -0.05%, and the S&P 500 added +0.12%. It was a pretty slow day.

 

S&P 500 index gains after recent selloff; energy stocks fall

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 +11.28% on the year not including the days results. Here are the latest posted results:

 

08/18/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4104 18.048 33.8853 42.9619 28.6429
$ Change 0.0009 0.0006 -0.0612 -0.0492 0.0618
% Change day +0.01% +0.00% -0.18% -0.11% +0.22%
% Change week +0.04% +0.08% -0.58% -0.86% +0.08%
% Change month +0.11% +0.50% -1.64% -3.51% -0.82%
% Change year +1.47% +3.44% +9.76% +4.80% +16.43%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.0472 25.796 28.8414 31.102 17.8559
$ Change -0.0011 -0.0040 -0.0083 -0.0108 -0.0072
% Change day -0.01% -0.02% -0.03% -0.03% -0.04%
% Change week -0.05% -0.13% -0.24% -0.30% -0.35%
% Change month -0.22% -0.54% -0.98% -1.19% -1.39%
% Change year +3.46% +5.39% +7.47% +8.48% +9.37%

 

 

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:
There’s nothing really new to add. We continue to be in a downtrend. It remains to be seen it it will turn into a correction. I doubt that we’ll get the answer to that any way soon given the season that we’re in. That’s all for tonight. Have a great 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  KyFan1@aol.com. 

 

 

 

 

 

 

 

 

 

 

 

 

 



Written By

Scott Grimes

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