11/14/18

Good Evening, The negative stuff continues to come. Today it was something about Maxine Waters and regulating banks that took us down. You can read about that in the link below. Everyone including myself is convinced that this market should be rallying given the season, strong economy and record unemployment. However, the current situation is that what we think and what the market is doing are two different things. There are a lot of warning signs flashing but the underlying fundamentals remain strong. This is one of the more difficult markets that I have negotiated in several years. As I said last night, I have decided to let the charts have the final say. If we get another sell signal then I will sell. You hate to sell at a low point like this and hopefully we won’t, but sometimes you just have move to safety when things become too volatile no matter how good the fundamentals are. With God’s grace I have always managed to make money in the end and I’m sure this instance will be no different. Howbeit, we may end up sitting this one out before we get back to turning a profit. We’ll see how it goes!

The days trading left us with the following signals: Our TSP allotment gave up another -0.77%. For comparison, the Dow was off -0.81%, the Nasdaq -0.90%, and the S&P 500 -0.76%. With the lone exception of the I Fund, everything finished the day in the red.

 

S&P 500 falls for fifth day as financials drag

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 allocation is now – 1.94% on the year. Here are the latest posted results:

 

11/14/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.9297 17.7461 38.6328 48.0119 28.1043
$ Change 0.0013 0.0146 -0.2854 -0.3793 -0.0762
% Change day +0.01% +0.08% -0.73% -0.78% -0.27%
% Change week +0.04% +0.25% -2.83% -2.75% -1.42%
% Change month +0.12% +0.22% -0.25% -0.64% +0.00%
% Change year +2.50% -2.04% +2.72% -0.94% -8.92%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.862 27.2252 30.7553 33.3256 19.2237
$ Change -0.0213 -0.0464 -0.1080 -0.1410 -0.0934
% Change day -0.11% -0.17% -0.35% -0.42% -0.48%
% Change week -0.43% -0.68% -1.40% -1.69% -1.93%
% Change month +0.07% +0.04% -0.06% -0.11% -0.15%
% Change year +1.59% +1.25% +0.06% -0.46% -0.89%

 

 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:
Everybody’s happier when the market goes up. Nevertheless, sometimes it’s like this and we just have to deal with it. This feels an awful lot like a topping process to me. Stocks may head back up, but I will be more than surprised if we make it to spring without a major downturn. I going to watch the charts closely now and even more closely after the beginning of the new year. Even if we rally tomorrow, I am officially leaning to the bearish side until I see that 20% plus decline. This bull market is just too long in the tooth..and you know what? It’s behaving like it as well. That’s all for tonight. Have a nice evening and may God 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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