10/12/16

Good Evening, The Fed minutes came out this afternoon and the market managed small gains for todays session. The current pullback has put us right smack dab in the middle of the same trading zone that we’ve been in for three months. I’m not sure exactly what to make of it. The minutes indicated that the Fed will probably enact another rate increase in December but will most likely not do so during their November meeting which comes just days before the election. Exactly what role the election will play in what direction the market will take is anyone’s guess. As I have said repeatedly, all we can do is watch our charts and pray…..

The days trading left us with the following results: Our TSP allotment gained +0.08%. For comparison, the Dow was up +0.09%, the Nasdaq dropped -0.15%, and the S&P 500 added +0.11%. For the most part things were pretty flat.

 

Wall Street stocks close slightly higher after Fed minutes

 

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested at 100/S. Our allocation is now +0.76% on the year not including the days results. Here are the latest posted returns:

 

10/11/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.1196 17.866 29.3205 37.9911 24.4247
$ Change 0.0027 -0.0156 -0.2327 -0.3046 -0.1553
% Change day +0.02% -0.09% -0.79% -0.80% -0.63%
% Change week +0.02% -0.09% -0.79% -0.80% -0.63%
% Change month +0.05% -0.60% -1.38% -2.08% -1.39%
% Change year +1.37% +5.37% +6.38% +7.82% +1.37%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.2195 24.0156 26.1207 27.79 15.7542
$ Change -0.0256 -0.0748 -0.1226 -0.1532 -0.0987
% Change day -0.14% -0.31% -0.47% -0.55% -0.62%
% Change week -0.14% -0.31% -0.47% -0.55% -0.62%
% Change month -0.30% -0.65% -0.96% -1.13% -1.28%
% Change year +2.51% +3.48% +4.22% +4.59% +4.84%

 

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:
c-fund
S Fund:
s-fund
I Fund:
i-fund
F Fund:
f-fund
The coming four or five weeks should be interesting to say the least. As I said earlier, all we can do at this point is watch the charts and pray. 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  KyFan1@aol.com. 

 

 

 

 

 



Written By

Scott Grimes

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