11/05/18

Good Evening, The markets were mixed ahead of tomorrows crucial midterm elections. If you were hoping for a big move before the elections then you simply don’t understand the nature of the market. We were  most fortunate to have finished mixed today given the uncertainty of tomorrow. There are many talking heads that are saying that it will be best if the house and senate go to opposing parties. Then nothing will get done good or bad. They say that the market likes both parties and what it doesn’t like is uncertainty. On the second point I agree. However, I’m not so sure about the first. I think the market favors deregulation and decreased taxes for a more business friendly environment. Anything less is a disappointment. So any candidate or party that apposes these things is probably not who you want to see win if you expect to make a lot of money in the market. I will also add that there are some candidates and parties that are absolutely opposed to capitalism. Folks, the market is capitalism plain and simple. The market is the single greatest path to wealth in our country. Think about that when you do your patriotic duty and vote. Of course there are many other important issues…..but that’s not what we talk about in this blog. ONLY ISSUES THAT RELATE TO THE MARKET!!!!!

The days trading left us with the following results: Our TSP allotment posted a small gain of +0.06%. For comparison, the Dow added +0.76%, the Nasdaq dropped -0.38%, and the S&P 500 gained +0.56%.  Praise God for a day in the green.

 

Wall Street boosted by financials, energy, defensive sectors

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allotment is now +0.62% on the year not including the days results. Here are the latest posted results.

 

11/02/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.9133 17.6563 38.8973 49.2857 28.4445
$ Change 0.0014 -0.0645 -0.2437 -0.0549 0.1686
% Change day +0.01% -0.36% -0.62% -0.11% +0.60%
% Change week +0.06% -0.73% +2.45% +4.26% +3.35%
% Change month +0.02% -0.28% +0.43% +2.00% +1.21%
% Change year +2.40% -2.53% +3.42% +1.69% -7.81%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.8823 27.2869 30.9384 33.5765 19.3967
$ Change -0.0106 -0.0203 -0.0404 -0.0506 -0.0317
% Change day -0.05% -0.07% -0.13% -0.15% -0.16%
% Change week +0.59% +0.90% +1.77% +2.12% +2.43%
% Change month +0.17% +0.27% +0.53% +0.64% +0.75%
% Change year +1.70% +1.48% +0.66% +0.29% +0.00%

 

 

 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:
We just have to get this election out of the way so we can see where we’re going, Either way, if we seek God He will continue to guide us. That’s all for tonight. Have a nice evening and be sure to get out and vote tomorrow!
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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