12/21/15

Good Evening, A lot of folks decided to pull their money out of less than successful or underperforming hedge funds last week resulting in the large sell off that occurred on Thursday and Friday. In the end, the market gave up all it’s gains from earlier in the week. That’s pretty much been the case this year. By the matter of fact, I would even go as far as calling 2015 the year of whipsaws. That is precisely the reason that so many active fund managers underperformed. I don’t know if this is a short term trend or the way that it is now going to be. With that in mind, I have been developing a new trading style on the street that effectively deals with all the rapid changes caused by the machines and their trading algorithms. Should current market positions persist, I may bring it to TSP in order to improve the performance of our allotment. Some times you have to adapt to the changes and this may be one of those times when things are never going to be the same again. There will always be a way to make money. It’s our job to find it…..

Traders started out the morning hoping to buy a dip that never really materialized. As a result the market drifted throughout the day and closed out with a moderate sized spike in the afternoon. Investors may be attempting to position themselves ahead of what they think will be a run tomorrow. We’ll see what happens.

The days trading left us with the following results: Our TSP allotment was steady in the G Fund. For comparison, the Dow rose +0.72%, the Nasdaq +0.93%, and the S&P 500 +0.78%. The results were good, but it seemed like the enthusiasm that is normally associated with December trading wasn’t present. Possibly, folks just want to get the year over with. It felt like most of the moves were just to position portfolios ahead of next year. Not to make money on a Santa Rally. Time will tell.

 

Obamacare, tech stocks boost Wall Street

 

The days action left us with the following signals: C-Sell, S-Sell, I-Sell, F-Sell. We are currently invested at 100/G. Our allocation is now +0.17% on the year not including the day’s results. Here are the latest posted results:

12/18/15 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.9041 16.9983 27.0266 34.6047 23.8359
$ Change 0.0009 0.0232 -0.4891 -0.4174 -0.1818
% Change day +0.01% +0.14% -1.78% -1.19% -0.76%
% Change week +0.04% -0.35% -0.31% -0.34% +0.81%
% Change month +0.11% -0.04% -3.48% -5.63% -3.08%
% Change year +1.97% +1.17% -0.51% -4.66% -1.58%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.7042 23.0143 24.79 26.2382 14.8154
$ Change -0.0481 -0.1513 -0.2178 -0.2670 -0.1701
% Change day -0.27% -0.65% -0.87% -1.01% -1.14%
% Change week +0.01% +0.02% +0.01% +0.00% +0.01%
% Change month -0.66% -1.75% -2.40% -2.84% -3.23%
% Change year +1.45% +0.50% -0.07% -0.53% -0.96%
Lets take a look at the charts: (All signals annotated with Green Circles)
C Fund: The Williams %R moved into a positive configuration today. This may be signaling some more short term upside. Other than that this ones still a sell.
C Fund
S Fund: This one is upside down with the  200 EMA on top and the 50 EMA on the bottom. It is a clear sell and the SCTR of 35.8 says it all.
S Fund
I Fund: This one is also upside down. The Williams %R moved into a positive configuration today indicating that there may be some more short term upside. However, this one’s still a sell signal. The SCTR of only 35 tells the story.  Don’t put any money here just yet!
I Fund
F Fund: The Accumulation/ Distribution line tells the story for this one. Consider it like gas in a gas tank and as you can see this one’s empty!
F Fund
 We could take a chance and put our money back into equities. With the positive seasonality we could get a nice bump and add to our bottom line. The problem is that we are not into taking chances, so we’ll watch our charts and trust in God’s guidance. This has been a rough year to trade and I’ll be glad to put it behind us without a loss. So many folks have not been that fortunate. 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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