09/07/17

Good Evening, For the most part US stocks were flat as all eyes are upon hurricane Irma. I’m not sure just how much of a disruption to the market that she will really be, but nonetheless she will be a great disruption to many lives. Our prayers go out for all those in her path. In unrelated news, ECB Chairman Mario Draghi commented today on the strong Euro and how it was effecting inflation which will in turn influence the European Central Banks decisions with regard to the winding down of their economic stimulus program. So what does that have to do with us?? Two things actually. #1 The strength of the Euro puts downward pressure on the dollar. The I Fund benefits from a weaker dollar which was one of the main reasons we invested in it in the first place. #2 Strong Economic Growth in Europe also benefits the I Fund. Which brings us to the second reason we invested in the I Fund which was that European stocks were at a discount given the recent economic decline there. Anything that helps boost stocks in Europe benefits the I fund and since we’re 100/I that benefits us….. It was another good day to be invested in foreign stocks….

The days trading left us with the following results: Our TSP allotment has a nice gain of +0.82%. For comparison, the Dow fell back -0.10%, the Nasdaq added +0.07%, and the S&P 500 slipped -0.02%. Praise God for another good day for our group.

 

Wall St. ends flat as media stocks slump, healthcare gains

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 TSP allocation is now +12.40% on the year not including the day’s gains. Here are the latest posted results:

 

09/06/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4282 18.1356 34.4745 44.1591 28.9302
$ Change 0.0008 -0.0348 0.1076 0.0595 0.0226
% Change day +0.01% -0.19% +0.31% +0.13% +0.08%
% Change week +0.03% +0.25% -0.44% -0.91% -0.18%
% Change month +0.04% +0.08% -0.23% -0.41% +0.21%
% Change year +1.59% +3.94% +11.67% +7.72% +17.59%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.1324 25.9843 29.1614 31.503 18.1151
$ Change 0.0069 0.0189 0.0356 0.0453 0.0300
% Change day +0.04% +0.07% +0.12% +0.14% +0.17%
% Change week -0.05% -0.13% -0.25% -0.30% -0.35%
% Change month +0.01% -0.02% -0.06% -0.08% -0.10%
% Change year +3.92% +6.16% +8.67% +9.88% +10.96%

 

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: This one has nine lives. I guess there’s a reason for that buy signal we keep getting. It continues to be a safe bet in an uncertain market. I’ll be the first to admit it has surprised me.
 Our allocation is healthy. There’s nothing to do at this point but to monitor the chart for a change in disposition. That’s all for tonight! Keep praying for those in the path of hurricane Irma. I’m saying a special prayer for my brothers and sisters in the Federal Bureau of Prisons at Beaumont, Miami, Coleman as well as many other institutions effected by these devastating storms. I was there for Andrew and it was tough.  May God be with you as He was with us.  Have a nice evening 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  [email protected]. 

 

 

 

 

 

 



Written By

Scott Grimes

  • 05/12/25

    Good Morning, Our charts told us we were at the bottom and the fundamentals agreed. The opportunity was so compelling that we probably jumped back in a few weeks to early, but we wanted to make darn sure we were positioned for the run that would surely come. The market dipped and many chicken little…

  • 05/05/25

    Good Morning, Inevitably, we will have a down day and today is it. Believe it or not the S&P 500 has gone up the past nine sessions and it’s been a long time since it’s done that. So a down day today is not so bad. The recent run has pretty much put things back…

  • 04/29/2025

    Good Afternoon, This was a Fed Driven market. It was all about when the Fed would be reducing interest rates based on inflation and that’s still the case to a certain degree, but in all actuality everything is waiting on the outcome of the tariff situation. So given that fact I’m going to say that…