12/14/16

Good Evening, Janet Yellen and crew increased the Fed short term rate by .25% today as expected.  In addition, Fed Chairwomen Yellen indicated that their would likely be three rate increases in 2017. There was also much speculation on how the election of Donald Trump might effect future rate of increases by the FOMC. The market reaction was a sell off. While I’m not in the business of speculation, I was somewhat surprised by the “Sell the News” reaction. The fact that it occurred on such high volume tells me that high volume computer algorithms are likely the culprit. At any rate it will be interesting to see what happens as we watch our charts closely over the coming weeks. At a minimum we should see a rebound in financial stocks as they clearly benefit from higher interest rates. I’m not going to speculate beyond that. I’ll just react to what I see on the charts.

 

Dow Snaps Seven-Day Win Streak After Fed Ups Expected 2017 Rate Hikes

 

The days trading left us with the following results: Our TSP allotment fell back -1.17%. For comparison, the Dow dropped -0.60%, the Nasdaq -0.50%, and the S&P 500 -0.81%

 

The days action left our charts with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/S. Our allotment is now +10.11% for the year not including the days results. Here are the latest posted results:

12/13/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.1691 17.3639 31.2993 41.5146 24.7923
$ Change 0.0010 0.0047 0.2092 0.0846 0.2444
% Change day +0.01% +0.03% +0.67% +0.20% +1.00%
% Change week +0.03% +0.04% +0.56% -0.63% +1.23%
% Change month +0.08% -0.33% +3.39% +3.10% +4.24%
% Change year +1.70% +2.41% +13.56% +17.82% +2.89%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.4321 24.5778 27.0168 28.9042 16.4803
$ Change 0.0271 0.0742 0.1193 0.1478 0.0948
% Change day +0.15% +0.30% +0.44% +0.51% +0.58%
% Change week +0.14% +0.26% +0.37% +0.42% +0.47%
% Change month +0.76% +1.55% +2.27% +2.65% +3.00%
% Change year +3.71% +5.90% +7.79% +8.78% +9.68%

 

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:
f-fund
There’s a little downward pressure on our equity based charts but there is no serious damage just yet. The charts are hanging in there and so will I. We’ll keep and eye on things and see how the rate increase and Trump presidency effect the market though the end of the year. 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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