08/23/16

Good Evening, During this season, it really doesn’t matter which way the market moves. In the end it comes back to neutral or at least significantly close. Today was just another day that the market traded in the incredibly tight range that it has been in since early July. This weeks reason is that that we are treading water as we wait for world bankers to conclude their meeting in Jackson Hole Wyoming. This meeting has been the platform from which many significant announcements have been made by the Federal Reserve Chairman/ women. Also, to a lesser degree, there is the influence of anything that goes on there with regard to world monetary policy. I guess we’ll just have to wait until Friday.

The days trading left us with the following results: Our TSP allotment eked out a gain of +0.03%. For comparison, the Dow added +0.10%, the Nasdaq +0.30%, and the S&P 500 +0.20%. A lot of smoke but no fire. Gains that are made one day are erased the next. We’ll have to keep an close eye on this tight trading range on our charts. Not to keep repeating myself, but when it finally breaks we’ll know which way to go.

 

Wall Street rises with tech stocks; one eye on Fed

 

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 +1.84% on the year not including the days results. Here are the latest posted results:

08/22/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.0869 17.9885 29.868 38.4543 24.6966
$ Change 0.0019 0.0384 -0.0161 0.0803 0.0360
% Change day +0.01% +0.21% -0.05% +0.21% +0.15%
% Change week +0.01% +0.21% -0.05% +0.21% +0.15%
% Change month +0.09% -0.07% +0.62% +0.81% +1.02%
% Change year +1.15% +6.10% +8.37% +9.13% +2.50%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.252 24.1527 26.3621 28.0975 15.9535
$ Change 0.0056 0.0092 0.0121 0.0143 0.0085
% Change day +0.03% +0.04% +0.05% +0.05% +0.05%
% Change week +0.03% +0.04% +0.05% +0.05% +0.05%
% Change month +0.22% +0.38% +0.51% +0.59% +0.66%
% Change year +2.69% +4.07% +5.18% +5.74% +6.17%

 

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: Trading sideways above support at 217.50.
C Fund
S Fund: Even though it is neutral. The S fund is probably the best chart that we have. Other than that. If you’ve seen one you’ve see them all. They are trading sideways just above support.
S Fund
I Fund: Trading sideways at near support at 59.0.
I Fund
F Fund: Trading sideways just above support at 112.30……
F Fund
I doubt if anything’s going to take place ahead of Jackson Hole. We’ll just have to keep watching until someting breaks loose.I hate to be redundant, but there is really nothing new to add. Right now it’s just plain dull and boring. That’s all for tonight. May God continue to bless your trades. Have a nice evening.
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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