Good Evening, Beware! Today’s rally was nice but more than likely it was only an oversold bounce in a downtrend. Yesterday, the Nasdaq entered correction territory. Could the S&P 500 be next? Don’t count it out. As of the writing of this blog both Amazon (AMZN) and Alphabet (GOOG) issued disappointing reports. These are both high profile stocks in the group of stocks known as FANG. Both stocks are selling off in the after hours trading. I fully expect this weakness to spill over to the broader market in the morning. The thing you must understand about the bottoming in a decline is that it is not a one day event that you can point to and say that was it. It’s more like a process. Hopefully today’s positive action was part of that process. Yes, I still expect to rally into the new year if we can just get this blasted correction over with. We will see.
The days action left us with the following results: Our TSP allotment posted a nice gain of +2.05%. For comparison, the Dow added +1.63%, the Nasdaq +2.95% and the S&P 500 +1.86%. I thank our Lord for this day in the green.
The days action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now -2.26% for the year. Here are the latest posted results.
| 10/25/18 |
|
|
|
Prior Prices |
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
15.9028 |
17.7432 |
38.6369 |
47.8724 |
27.6236 |
| $ Change |
0.0013 |
-0.0067 |
0.7047 |
0.9264 |
0.1704 |
| % Change day |
+0.01% |
-0.04% |
+1.86% |
+1.97% |
+0.62% |
| % Change week |
+0.05% |
+0.30% |
-2.24% |
-2.76% |
-3.51% |
| % Change month |
+0.21% |
-0.58% |
-7.06% |
-10.90% |
-9.51% |
| % Change year |
+2.33% |
-2.05% |
+2.73% |
-1.23% |
-10.47% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
19.8112 |
27.143 |
30.6255 |
33.1706 |
19.1272 |
| $ Change |
0.0586 |
0.1219 |
0.2707 |
0.3504 |
0.2306 |
| % Change day |
+0.30% |
+0.45% |
+0.89% |
+1.07% |
+1.22% |
| % Change week |
-0.48% |
-0.77% |
-1.59% |
-1.91% |
-2.19% |
| % Change month |
-1.58% |
-2.50% |
-5.06% |
-6.08% |
-6.96% |
| % Change year |
+1.33% |
+0.94% |
-0.36% |
-0.92% |
-1.39% |
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: The C Fund whipsawed back to a neutral signal today when the Wms%R moved into a positive configuration with an SCTR above 40. Two or more negative signals or the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a neutral signal. Any three indicators negative accompanied by both or either the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a sell signal. A buy signal is generated then the 5 EMA is above the 50 EMA and the 200 EMA, One or less indicators are negative, and the SCTR is higher than 40.
S Fund: The S Fund whipsawed back to a neutral signal today when the Wms %R moved back into a positive configuration and the SCTR increased to 41.4. Two or more negative signals or the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a neutral signal. Any three indicators negative accompanied by both or either the 5 EMA below the 50 EMA or 200 EMA or an SCTR below 40 generate a sell signal. A buy signal is generated then the 5 EMA is above the 50 EMA and the 200 EMA, One or less indicators are negative, and the SCTR is higher than 40.
I Fund:
F Fund:
Sorry but it looks like we could get some more pain in the morning. Keep praying. God will see us through this correction off just like all the others. That’s all for tonight. Have a nice evening and may God continue to bless your trades.
God bless, Scott 
***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].
