12/02/16

Good Evening, I try to do this blog on a regular schedule, but sometimes things become hectic and this week has been one of those times. Nonetheless, if anything big happens I will find always find a way to get out a message as those who have been with me since the beginning know. Speaking of getting out a message, if you haven’t downloaded our new phone app yet make sure you do or you will not receive the next Alert. If you have friends that are even busier than you are, be sure and let them know as well. I know that a lot of folks indeed get really busy this time of year and by the time they realize that the old app isn’t working it may be too late!

The Dow and the financial sector took the day off and the rest of the market was pretty flat. It seems that a good jobs report was not enough to spur more buying. Right now it appears that the market is cooling off after a hot run. Things got a little extended and some consolidation if not a little correction is to be expected. The important thing here is to be aware the short term trend has changed and to keep a close eye on the charts to make sure that it doesn’t turn into something of a longer duration. If that were to be the case we would move to the side line and start looking for the next entry point. The key is to keep your TSP accounts as close to their highs as possible during any downturn and invest aggressively on the way back up.

The days action left us with the following results: Our TSP allotment managed a small gain of +0.05%. For comparison, the Dow was off -0.11%, the Nasdaq was up +0.09%, and S&P 500 followed with a gain of +0.04%.

 

Wall Street little changed as bank rally pauses

 

The weeks action left us with the following signals: C-Buy, S-buy, I-Neutral, F-Sell. We are currently invested at 100/S. Our allotment is now +6.08% on the year not including the days results. Here are the latest posted results:

 

12/01/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.1572 17.3559 30.1681 39.9937 23.8026
$ Change 0.0008 -0.0648 -0.1051 -0.2729 0.0191
% Change day +0.01% -0.37% -0.35% -0.68% +0.08%
% Change week +0.03% -0.21% -0.94% -1.93% -0.21%
% Change month +0.01% -0.37% -0.35% -0.68% +0.08%
% Change year +1.62% +2.37% +9.45% +13.50% -1.21%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.2802 24.171 26.3659 28.0964 15.9601
$ Change -0.0131 -0.0321 -0.0504 -0.0625 -0.0395
% Change day -0.07% -0.13% -0.19% -0.22% -0.25%
% Change week -0.16% -0.37% -0.56% -0.66% -0.76%
% Change month -0.07% -0.13% -0.19% -0.22% -0.25%
% Change year +2.85% +4.15% +5.20% +5.74% +6.21%

 

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:
c-fund
S Fund:
s-fund
I Fund:
i-fund
F Fund:
i-fund
Right now the short term picture has changed. Our charts are showing some downward pressure on stocks. As I mentioned above, our task now is to closely watch the charts and make sure that this doesn’t turn into anything more than a minor correction. Santa may still have a nice rally in store for those who are patient. That’s all for this week. Have a great weekend 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  KyFan1@aol.com. 

 

 

 

 



Written By

Scott Grimes

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