Good Evening, Well this is the last trading day of the month of September and it looks like we’ll escape with a modest gain. That’s okay. We must take what the market has to give. Our task now is to hang onto that and find the next good opportunity to add to it. That will be no easy task as October is normally a slightly volatile month. Add the election to that and this month could be a difficult one to invest in. Right now market players are looking for hints as to how the Fed will proceed with their rate cutting policy in addition to anticipating the election on November 3rd. I’m betting that investors won’t make any big moves one way or the other until the election is over. I’ll add one caveat to that though. If one candidate or the other clearly gets the upper hand prior to the vote then all bets are off. If that is the case there will be a lot of big moves. If not, there will be a lot of big moves after the election. I know what I’m expecting but that seems to be such a controversial subject. So I’m just not going to comment. However, you need to be watching your charts closely if one candidate does get a clear pre election advantage and if not then when the election is over. Also, it goes without saying that we need to be watching the Fed meetings in November and December. Everybody is expecting a quarter point cut and that has been the case since the last meeting regardless of what they are saying about Powell’s comments today. The news (noise) is reporting that investors are displeased that that Chairman Powell’s comments today indicated that the Fed would not be aggressive while cutting rates. The talk out there is that they were expecting cuts to be bigger than a quarter point after the half point cut in September. Well I’ve got news for them, a quarter point is the standard sized move that the Fed makes. They normally don’t make multiple half point or larger cuts unless there is something drastic going on. Remember a couple weeks ago when they panicked on the day of the first cut because it was a half point instead of a quarter point? I think their emotions blow with the wind! Now they are expecting more oversized rate cuts?? Give me a break. Why do I even read what they say??? Folks, just watch your charts. You can’t listen to much that these double minded people have to say. God’s word says that a double minded man is unstable in all his ways. Does that sound like someone you want to follow while making your investment decisions? I think not! All you need to do is identify possible market moving events in the future and watch your charts when they occur. It doesn’t matter what their outcome is. Just concentrate on your charts when they happen!
The days trading left us with the following results: Our TSP allotment made a nice move higher in the final minutes of trading for the month September to post a respectable gain of +0.40%. Praise God! I’ll take that any day!
S&P 500 is little changed as Wall Street wraps up winning month and quarter: Live updates
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. We are currently invested at 100/C. Our allocation is now +10.75% no including the days gains. Here are the latest posted results:
| 09/27/24 | Prior Prices | ||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 18.5513 | 20.1391 | 90.3656 | 86.0106 | 45.7487 |
| $ Change | 0.0020 | 0.0541 | -0.1109 | 0.2665 | -0.1379 |
| % Change day | +0.01% | +0.27% | -0.12% | +0.31% | -0.30% |
| % Change week | +0.08% | -0.01% | +0.63% | +0.34% | +2.03% |
| % Change month | +0.30% | +1.58% | +1.69% | +1.43% | +1.38% |
| % Change year | +3.28% | +4.77% | +21.52% | +11.56% | +13.85% |
S Fund:
I Fund:
F Fund:
Nothing to add here. Just keep an eye on those charts when the market moving events come! Also, never forget to thank the One who guides our hand. That’s all for this week. Have a nice evening and may God continue to bless your trades!
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