10/31/17

Good Evening. I think the stars are aligning. The news is pretty good, the earnings are pretty good, the charts are pretty good and it’s November. Oh yeah, it’s time to make some money. Are you all ready? Sure there are the usual negative potholes but as long as we don’t hit one we’ll be fine. I will talk about one thing that I see that’s a real positive. The talk around the street has been that President Trump is likely to appoint Jerome Powell as the new Fed Chairman. If we can’t have Aunt Janet back then this is the most market friendly choice. Like I said, things are starting to look pretty good.

The days action left us with the following results: Our TSP allotment gained +0.60% as small caps started to pop. It’s about time! For comparison, the Dow added +0.12%, the Nasdaq +0.43%, and the S&P 500 +0.09%. Praise God for a good day!

 

Wall St. ends strong October higher as tech, staples lead

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 +14.72% for the year not including the days gains. Here are the latest posted returns.

 

10/30/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4782 18.0537 36.0557 46.5668 30.0094
$ Change 0.0028 0.0565 -0.1129 -0.3713 0.1398
% Change day +0.02% +0.31% -0.31% -0.79% +0.47%
% Change week +0.02% +0.31% -0.31% -0.79% +0.47%
% Change month +0.19% +0.10% +2.23% +0.73% +1.40%
% Change year +1.92% +3.47% +16.79% +13.59% +21.98%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.3417 26.4554 29.9852 32.5395 18.7897
$ Change 0.0007 -0.0063 -0.0206 -0.0295 -0.0216
% Change day +0.00% -0.02% -0.07% -0.09% -0.11%
% Change week +0.00% -0.02% -0.07% -0.09% -0.11%
% Change month +0.50% +0.76% +1.14% +1.31% +1.45%
% Change year +5.06% +8.08% +11.74% +13.49% +15.09%

 

 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: Ascending price channel. Bullish….
S Fund: Bullish wedge pattern.
I Fund: Bullish Wedge pattern.
F Fund: Price is in a clear descending channel. This is bearish for bonds but bullish for stocks. That money flowing out of bonds has to go somewhere!
It’s steady as she goes! 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  [email protected]. 

 

 

 

 



Written By

Scott Grimes

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