09/12/17

Good Evening, The market marched on with it’s new found post Irma confidence again today. The news media touted how investors have taken their minds off of North Korea as well as Irma. However not all sectors of the market were up. The move up was mostly led by the financial sector which makes a lot of sense since treasury yields were higher today. Banks benefit from higher treasury yields. One thing I always look at is a simple thing, but just because it’s simple doesn’t mean it should be overlooked and that is the fact that bond prices move lower when treasury yields move higher. The longer this trend goes on the more money that moves from bonds to stocks and visa versa. The old adage when stocks are up bonds are down applies here.  There are other sectors of the market that don’t benefit from higher treasury yields and those are Utilities and Real Estate. Both of those sectors were down today. My point here is that you should always watch bonds. They can tell you a lot about the market.

The days trading left us with the following results: Our TSP allotment gained +0.31%. For comparison, the Dow was up +0.28%, the Nasdaq +0.34%, and the S&P 500 +0.34%. Thank God for another good day.

 

S&P ends at record high led by banks while Apple drags

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/I. Our allocation is now +14.23% on the year not including the days results. 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: I went ahead and called this one neutral today as the MACD moved into a negative configuration. Although, the PMO has not done so yet it would take a dramatic reversal to avoid it crossing down through it’s signal line. That said, I made the Neutral call as the SCTR has dropped to 19.8. This one looks to be heading down for now.
Our job has been and remains to monitor our charts. It looks like smooth sailing for now in the I Fund where we have our TSP allocation. That’s all for tonight. Have a great 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

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