10/20/2020

Good Evening, The market closed modestly higher on hopes that an economic stimulus bill will be passed before the election. Make no mistake, trading right now is totally focused on a stimulus bill. Today House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both indicated that progress had been made toward an agreement between Democrats and the GOP. Nancy Pelosi had previously set today as a deadline in which an agreement had to be reached prior to the election. Nevertheless, in spite of the fact that no agreement was reached talks will continue tomorrow as the House Speaker said that sufficient progress had been made to continue the talks.  “It isn’t that this day was a day that we would have a deal, it was a day that we would have our terms on the table to be able to go to the next step,” Pelosi told Bloomberg. So it’s all about stimulus right now. The winner of the election could have implications on where this market will go in the long term but the short term it will be determined by this stimulus package. It says here we will ultimately get a stimulus package and the market will move on from that point. There is no doubt that the market will be turbulent until an agreement is reached. As far as the long term goes, if a market friendly administration is elected then the market will rock on, if not, then the market will deteriorate over time as taxes and regulations increase…… That sounds simple because it is. We’ll continue to put our faith in God and see what happens.

The days trading left us with the following results: Our TSP allotment slipped -0.20%. For comparison, the Dow added +0.40%, The Nasdaq +0.33%, and the S&P 500 +0.47%. Stocks closed well off there highs for the day. We will see where the stimulus winds blow us tomorrow.

 

 

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +23.25% for the year. Here are the latest posted results.

 

 

10/19/20 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.4812 21.0387 50.8413 61.8859 30.8921
$ Change 0.0011 -0.0151 -0.8422 -0.6533 -0.0497
% Change day +0.01% -0.07% -1.63% -1.04% -0.16%
% Change week +0.01% -0.07% -1.63% -1.04% -0.16%
% Change month +0.04% -0.05% +1.97% +6.30% +1.35%
% Change year +0.80% +6.70% +7.58% +9.97% -5.58%
Fund L INC L 2025 L 2030 L 2035 L 2040
Price 21.6396 10.4956 35.9721 10.6555 39.7673
$ Change -0.0501 -0.0535 -0.2257 -0.0732 -0.2972
% Change day -0.23% -0.51% -0.62% -0.68% -0.74%
% Change week -0.23% -0.51% -0.62% -0.68% -0.74%
% Change month +0.54% +1.16% +1.43% +1.57% +1.72%
% Change year +2.14% +4.96% +3.21% +6.56% +3.48%
Fund L 2045 L 2050 L 2055 L 2060 L 2065
Price 10.7653 23.3048 10.984 10.984 10.9841
$ Change -0.0859 -0.1977 -0.1122 -0.1123 -0.1123
% Change day -0.79% -0.84% -1.01% -1.01% -1.01%
% Change week -0.79% -0.84% -1.01% -1.01% -1.01%
% Change month +1.85% +1.98% +2.41% +2.41% +2.41%
% Change year +7.65% +3.66% +9.84% +9.84% +9.84%

 

 

 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 remains a volatile market….We just need to keep watching the charts and praying for God’s guidance. That’s all for tonight. Have a nice 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  KyFan1@aol.com. 

 

 

 

 

 

 




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