Good Evening, The market started off slowly this morning but bulls showed up early to drive it off it’s lows. Three things were on there mind #1 No bad news today. If they couldn’t take the market down when North Korea fried a missile over Japan how could they do it today? Must be the time to buy. #2 The GDP beat expectations when annual growth was revised to 3 percent. And…#3 Employers created more jobs than estimated when they created 237,000 in August. I could add a number four and maybe even a number five but the most important number was number one. You get the picture…..
The days trading left us with the following results. Our TSP allotment slipped -0.14%. A stronger dollar served as a headwind for the I Fund. We’ll have to keep and eye on that. Especially with small caps heating up. For comparison, the Dow gained +0.12%, the Nasdaq +1.05%, and the S&P 500 +0.46%.
The days action left us with the following signals: C-Neutral, S-Buy, I-Neutral, F-Buy. We are currently invested at 100/I. Our allocation is now +11.85% on the year not including the days results. Here are the latest posted results:
| 08/29/17 |
|
|
|
Prior Prices |
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
15.4209 |
18.1023 |
34.1909 |
43.5748 |
28.7883 |
| $ Change |
0.0009 |
0.0137 |
0.0337 |
-0.0017 |
-0.0779 |
| % Change day |
+0.01% |
+0.08% |
+0.10% |
+0.00% |
-0.27% |
| % Change week |
+0.02% |
+0.14% |
+0.15% |
+0.08% |
-0.11% |
| % Change month |
+0.18% |
+0.80% |
-0.75% |
-2.13% |
-0.31% |
| % Change year |
+1.54% |
+3.75% |
+10.75% |
+6.29% |
+17.02% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
19.0929 |
25.895 |
29.0078 |
31.3099 |
17.9899 |
| $ Change |
0.0007 |
-0.0006 |
-0.0031 |
-0.0047 |
-0.0036 |
| % Change day |
+0.00% |
+0.00% |
-0.01% |
-0.01% |
-0.02% |
| % Change week |
+0.04% |
+0.05% |
+0.06% |
+0.06% |
+0.06% |
| % Change month |
+0.02% |
-0.16% |
-0.40% |
-0.52% |
-0.65% |
| % Change year |
+3.71% |
+5.79% |
+8.09% |
+9.20% |
+10.19% |
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: The S fund generated an overall buy signal when the PMO moved into a positive configuration and the 5 EMA blew through the 100 EMA. This is a bullish signal anyway you read it. While any signal can whipsaw (turn around) on you I do not expect his one to do so as it was generated in oversold territory.
I Fund:
F Fund:
I find the buy signal in the S Fund encouraging. Do I think we’re on the verge of another leg up? Not likely given the season. However, I do take it as a signal that the worst of the downtrend is over. If given a good economy with no land mines such as North Korea I expect buying to pick up sometime late in October. Nonetheless, as I mentioned yesterday, we need to let the price action be our guide. If we watch our charts we will know what to do and when to do it. Then the only thing we will need the news for is to keep up with current events. That’s all for tonight. Have a nice 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 [email protected].
