09/11/17

Good Evening, The market headed up today with the S&P 500 setting another new record. The rally was attributed to hurricane Irma causing less damage than anticipated and the fact that North Korea didn’t fire any new missiles over the weekend. OK, I guess we’ll go with that for now. You know what I think about the news. You can read all about headlines in the link below. What really moves the market at this time is price and technical conditions. As I said a blog or so ago, if your trying to time the market based on the news then you are in for a world of hurt. The market and the news are pretty well divorced right now.

The days rally left us with the following results: Our TSP allotment gained +0.79%. For comparison, the Dow added +1.19%, the Nasdaq +1.13% and the S&P 500 +1.08%. Praise God for another good day!

 

S&P 500 chalks up record high as fear gives way

 

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 +14.23% on the year. Here are the latest posted results:

 

09/11/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4327 18.1192 34.7997 44.559 29.4021
$ Change 0.0027 -0.0522 0.3734 0.4936 0.1790
% Change day +0.02% -0.29% +1.08% +1.12% +0.61%
% Change week +0.02% -0.29% +1.08% +1.12% +0.61%
% Change month +0.06% -0.01% +0.71% +0.49% +1.85%
% Change year +1.62% +3.85% +12.72% +8.69% +19.51%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.1792 26.1 29.3692 31.7661 18.2867
$ Change 0.0354 0.0915 0.1680 0.2138 0.1405
% Change day +0.18% +0.35% +0.58% +0.68% +0.77%
% Change week +0.18% +0.35% +0.58% +0.68% +0.77%
% Change month +0.25% +0.42% +0.65% +0.75% +0.85%
% Change year +4.18% +6.63% +9.44% +10.79% +12.01%

 

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: The SCTR has now dropped to 23.9 indicating that this one is getting weaker. I’d say that buy signal is getting a little long in the tooth.
Our allocation just keeps plugging along. I know it doesn’t always seem like it but if you look at the average it’s performing excellently. That’s all for tonight. My prayers continue to go out for those effected by Harvey and Irma. 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…