09/06/17

Good Evening, The market repeated it’s pattern of bouncing back after a large selloff the preceding day. Its that plain and simple. As long as it continues to work you can expect it. Although, one has to wonder if a second major hurricane could cause things to sell off a little more than they have done so far in 2017. That possibility is even a little stronger when coupled with the traditionally poor month of September. If a bigger dip were to take place in the coming days and I had cash on the sideline I would consider it a great buying opportunity. I’m looking for a strong run into 2018 as long as we don’t have any unexpected landmines such a significant issue with North Korea.

The days trading left us with the following results: Our TSP allotment had a nice day posting a gain of +0.62%. For comparison, the Dow added +0.25%, the Nasdaq +0.28%, and the S&P 500 +0.31%. Thank God for a nice bounce.

 

Energy shares lead broad rebound on Wall Street

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Buy. We are currently invested at 100/I. Our allocation is now +12.31% on the year not including the day’s gains. Here are the latest posted results:

 

09/05/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4274 18.1704 34.3669 44.0996 28.9076
$ Change 0.0037 0.0806 -0.2612 -0.4656 -0.0758
% Change day +0.02% +0.45% -0.75% -1.04% -0.26%
% Change week +0.02% +0.45% -0.75% -1.04% -0.26%
% Change month +0.03% +0.27% -0.55% -0.54% +0.13%
% Change year +1.58% +4.14% +11.32% +7.57% +17.50%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.1255 25.9654 29.1258 31.4577 18.0851
$ Change -0.0164 -0.0536 -0.1078 -0.1405 -0.0944
% Change day -0.09% -0.21% -0.37% -0.44% -0.52%
% Change week -0.09% -0.21% -0.37% -0.44% -0.52%
% Change month -0.03% -0.10% -0.18% -0.23% -0.27%
% Change year +3.88% +6.08% +8.53% +9.72% +10.78%

 

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:
We had a nice bounce and our chart for the I Fund remains technically sound. Also, it continues to have the best SCTR of the bunch. There’s no reason to even consider a change. That’s all for tonight. Have a nice evening and don’t forget to pray for all the folks affected by Harvey and Irma. I continue to pray that Irma will turn.
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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