10/03/19

Good Evening, I wasn’t kidding when I told you that our current trade would be a wild ride. The market continued to sell off yesterday on renewed concerns of a world recession and more political drama. However, the bad news is good news thing got us moving higher again today. The market dropped after the Institute for Supply Management (ISM) said its non-manufacturing activity index fell to a reading of 52.6 in September, the lowest since August 2016. However, investors decided that less than stellar news showing U.S. services-sector activity at a three-year makes it much more likely that the Federal Reserve will cut interest rates again in October to stem a wider economic downturn. If there’s one thing this market likes its cheap money. It’s addicted to it.

The days trading left us with the following results: Our TSP allotment rebounded with a gain of +0.80%. For comparison, the Dow added +0.47%, the Nasdaq +1.12%, and the S&P 500 was +0.80%. Praise God for the bounce.

 

Wall Street gains as weak services data raises rate-cut expectations

The days action left us with the following signals: C-Neutral, S-Sell, I-Sell, F-Buy. We are currently invested at 100/C. Our allocation is now +3.93% not including the days results. Here are the latest posted results:

 

 

10/02/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.2794 19.752 42.0393 50.244 29.5998
$ Change 0.0007 0.0310 -0.7668 -0.5874 -0.4992
% Change day +0.00% +0.16% -1.79% -1.16% -1.66%
% Change week +0.02% +0.37% -2.50% -2.42% -2.44%
% Change month +0.01% +0.33% -2.99% -2.82% -2.12%
% Change year +1.80% +8.87% +16.93% +14.25% +10.81%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.6265 28.4 32.5579 35.4607 20.5285
$ Change -0.0699 -0.1169 -0.3216 -0.4188 -0.2764
% Change day -0.34% -0.41% -0.98% -1.17% -1.33%
% Change week -0.48% -0.60% -1.45% -1.74% -1.99%
% Change month -0.54% -0.67% -1.58% -1.88% -2.15%
% Change year +4.76% +5.99% +9.86% +11.36% +12.61%

 

 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:
As you can see the lower trend line for the C Fund is holding so far. As long as it holds I will stay invested. I might add that the lower trend line is exactly at the 200 EMA. Also, the F Fund is looking good for any of you that want to add exposure there. My guess is that lower interest rates will keep upward pressure on bond prices. That’s all for tonight. Have a great evening and may God continue to bless your trades!
God bless, Scott Sunglasses
 
 ***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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