10/23/17

Good Evening, Poor news about GE put the market in bad mood today which it was unable to overcome. All the major indices finished in the red with the Dow breaking it’s five day winning streak. Specifically, several brokerage firms downgraded GE saying that the company is likely to cut it’s dividend. News that nobody wants to hear. That noted, the last week of October is one of the poorest weeks seasonally speaking throughout the year. So the poor action is really no surprise.

The days trading left us with the following results: Our TSP allotment gave up -0.68%. For comparison, the Dow dropped -0.23%, the Nasdaq -0.64%, and the S&P 500 -0.40%.

 

Wall St. retreats from record as industrials, tech lag

The days action left us with the following signals: C-Buy, S-Neutral, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +15.71% on the year not including today’s results. Here are the latest posted results:

 

10/20/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4687 18.0153 36.0848 46.9713 29.9691
$ Change 0.0010 -0.0467 0.1860 0.2474 -0.1245
% Change day +0.01% -0.26% +0.52% +0.53% -0.41%
% Change week +0.04% -0.45% +0.88% +0.52% -0.31%
% Change month +0.12% -0.11% +2.31% +1.61% +1.26%
% Change year +1.86% +3.25% +16.88% +14.58% +21.82%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.3352 26.455 30.0006 32.5651 18.8098
$ Change 0.0072 0.0197 0.0398 0.0516 0.0347
% Change day +0.04% +0.07% +0.13% +0.16% +0.18%
% Change week +0.10% +0.17% +0.27% +0.32% +0.36%
% Change month +0.46% +0.76% +1.20% +1.39% +1.56%
% Change year +5.02% +8.08% +11.79% +13.58% +15.22%

 

 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:
While I never like it, this is typical late October action. We’ll just have to suffer through it. That’s all for tonight. Have a nice 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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