09/07/2018

Good Evening, It was more of the same today. The market traded down on tariff concerns and negative seasonality. Also it should be not noted that some negative news about tariffs on Apple products carried a heavy weight as the trillion dollar company is overweight in pretty much every index and fund. Adding to today’s selling was the fact that investors didn’t want to hold stocks over the weekend due to the Apple tariffs and used it as an excuse to take profits. Nothing unexpected here. I’m not overly concerned at this point.

The days action left us with the following results: Our TSP allotment slipped another -0.28%. For comparison, the Dow dropped -0.31%, the Nasdaq -0.25% and the S&P 500 -0.22%. The indices were all read today and breadth was poor. Declining issues outnumbered advancing ones on the NYSE by a 2.21-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.

 

Wall Street drops on tariff worries, with Apple in crosshairs

The weeks action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now +10.25% on the year. Here are the latest posted results,

 

09/07/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.8413 17.88 40.9334 53.8814 29.3978
$ Change 0.0013 -0.0614 -0.0873 -0.1001 -0.1374
% Change day +0.01% -0.34% -0.21% -0.19% -0.47%
% Change week +0.06% -0.44% -0.98% -1.48% -2.83%
% Change month +0.06% -0.44% -0.98% -1.48% -2.83%
% Change year +1.94% -1.30% +8.84% +11.17% -4.72%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.0253 27.6356 31.8672 34.8242 20.2382
$ Change -0.0144 -0.0299 -0.0615 -0.0793 -0.0516
% Change day -0.07% -0.11% -0.19% -0.23% -0.25%
% Change week -0.31% -0.51% -0.99% -1.18% -1.35%
% Change month -0.31% -0.51% -0.99% -1.18% -1.35%
% Change year +2.43% +2.77% +3.68% +4.02% +4.34%

 

 

 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: The C Fund generated an overall Neutral signal when the PMO moved into a negative configuration. This gave us two indicators in negative configurations to generate the neutral signal.
S Fund: The S Fund generated an overall Neutral signal when the PMO moved into a negative configuration. This gave us two indicators in negative configurations to generate the neutral signal. I still like this chart!
I Fund:
F Fund:

 

Like I said above. Nothing unexpected occurred today. By the matter of fact I really like the chart for the S Fund. As long as the lower trend line remains in tact it is extremely bullish irregardless of the current neutral signal. Have a nice weekend 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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