11/26/18

Good Evening, The market bounced today on booming holiday sales and increased oil prices. I’m glad to see the bounce. However at this time we have no reason to consider it anything more than an oversold bounce during a correction. There are many damaged charts out there and it’s going to take a lot more than this to repair them. That said, although a day like today doesn’t end the current correction it could be a start. We now have new support levels at recent lows which if tested and hold could be a new base from which  uptrend can begin. It would be jumping the gun to be overly bullish at this point, but if the market is going to become healthy again then this is the way it needs to start. I will remain on the sideline until I see volatility decease on a solid and sustained move up.

The days trading left us with the following results: Our allocation remained steady in the G Fund. For comparison, the Dow added +1.46%, the Nasdaq +2.06%, and the S&P 500 +1.55%.

 

Wall Street rallies as Cyber Monday shoppers log on

The days action left us with the following signals: C-Sell, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/G. Our allocation is now -4.13% on the year not including the days results. Here are the latest posted results:

 

11/23/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.942 17.7914 37.6695 47.5422 27.7991
$ Change 0.0027 0.0065 -0.2468 -0.0121 -0.0572
% Change day +0.02% +0.04% -0.65% -0.03% -0.21%
% Change week +0.06% +0.03% -3.77% -2.48% -1.08%
% Change month +0.20% +0.48% -2.74% -1.61% -1.08%
% Change year +2.58% -1.79% +0.16% -1.91% -9.91%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.8031 27.0901 30.4304 32.9025 18.9452
$ Change -0.0141 -0.0318 -0.0746 -0.0962 -0.0627
% Change day -0.07% -0.12% -0.24% -0.29% -0.33%
% Change week -0.51% -0.81% -1.64% -1.96% -2.23%
% Change month -0.23% -0.46% -1.12% -1.38% -1.60%
% Change year +1.29% +0.74% -0.99% -1.72% -2.33%

 

 

 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:
A bounce in a downtrend is not to be trusted. There will be some great days to be sure. But as long as the volatility stays as high as it is there will be some really bad days as well. 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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