Good Evening, First off, volume was extremely light as many traders left early for the long Christmas weekend. So you can’t really take anything away from the action. In more direct terms, never ever make any investment decisions based on the trading leading up to a major holiday! Volume on U.S. exchanges was 4.81 billion shares, compared to the 6.98 billion average for the full session over the last 20 trading days. One thing that often occurs but did not occur today is a high amount of volatility. Traders often take advantage of low volume days like today to shove stocks around the way they want them to go. It’s one of the few times they can manipulate the price while the big boys are taking a break. That is the reason that you can’t pay attention to holiday trading. Stocks stayed pretty flat all day ending the final trading session before Christmas slightly in the red.
The days trading left us with the following results: Our TSP allotment slipped -0.03%. For comparison, the Dow dropped -0.11%, the Nasdaq -0.08%, and the S&P 500 -0.05%.
Wall Street slips heading into holiday
The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Sell. We are currently invested at 100/S. Our allocation is now +19.66% for the year not including the days results. Here are the latest posted results:
| 12/21/17 |
|
|
|
Prior Prices |
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
15.5304 |
18.0265 |
37.7505 |
48.5719 |
30.5815 |
| $ Change |
0.0010 |
0.0215 |
0.0749 |
0.1961 |
0.0751 |
| % Change day |
+0.01% |
+0.12% |
+0.20% |
+0.41% |
+0.25% |
| % Change week |
+0.04% |
-0.58% |
+0.34% |
+1.05% |
+1.29% |
| % Change month |
+0.14% |
-0.01% |
+1.49% |
+0.69% |
+0.70% |
| % Change year |
+2.26% |
+3.31% |
+22.28% |
+18.48% |
+24.31% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
19.5343 |
26.8687 |
30.714 |
33.4552 |
19.3842 |
| $ Change |
0.0118 |
0.0269 |
0.0494 |
0.0631 |
0.0413 |
| % Change day |
+0.06% |
+0.10% |
+0.16% |
+0.19% |
+0.21% |
| % Change week |
+0.14% |
+0.25% |
+0.43% |
+0.51% |
+0.59% |
| % Change month |
+0.33% |
+0.49% |
+0.74% |
+0.84% |
+0.94% |
| % Change year |
+6.11% |
+9.77% |
+14.45% |
+16.69% |
+18.73% |
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:
Things were pretty flat today but as I noted already you can’t take anything away from that. Normally, I’d say that we’re going to have selling for tax purposes going into the new year. However, the passage of tax reform bill will no doubt change the way a lot of the tax selling takes place. Many traders may wait until after the first of the year to take their profits and start new positions..t’s already altered the way stocks traded so far this month as investors reacted to the daily tax reform news or just chose to wait until they had more information about the bill. What I’m trying to say is that this is not your normal December with regard to the market. I think that small caps will still be the greatest beneficiary of the tax reform bill but the boost they receive may come after the first of the year instead of with Santa Clause. What’s good now may be very good later! This is the last blog I will put out before Christmas. So let me take the time to wish each and every one of you a blessed Christmas. Take some time from all the hustle and bustle to remember that baby boy Jesus that was born in Bethlehem so long ago. He is still with us today! Praise His HOLY name and give thanks for the gift of eternal life that He freely offers to all who accept it.
God bless, Scott 
***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].
