12/27/17

Good Evening, I know it’s a holiday week  but I’ll do a few short blogs anyway just to keep you up to date as we finish out the year. Today was flat flat flat. Volume was off over 2 billion shares. Volume on U.S. exchanges was 4.36 billion shares, compared to the 6.79 billion average for the full session over the last 20 trading days. So remember what I said. You can’t take anything away from this week other than what you made or lost. There are a lot of notable folks calling for a pullback after the beginning of the new year. You probably already know my reaction to that. For one thing I’ve written it more than a few times.  I also feel there could be a pullback since after all it’s only a normal function of a healthy market. However, I do not think that we will see anything approaching a bear market. As usual, we will watch the charts and react to what we see. Not matter what happens our process will always be the same. It will include analysis of the charts and a decision based on that analysis. It will not include panic or blind euphoria. Either one will get you killed in the market. All that said, in general it appears that stocks will continue to head up in 2018 albeit at a muted rate compared to this year. This has been a very good year. God has blessed us again. With that in mind I will remind every one of you what our guiding principle is here at my My TSP guide. The older members of this group have heard it a million times. Its not what you make that’s important, it’s what you keep! 

The days trading left us with the following results: Our TSP allotment finished close to neutral at -0.01%. For comparison, The Dow added +0.11%, the Nasdaq +0.04%, and the S&P +0.08%.

 

Wall Street edges up as tech snaps skid

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 +19.70% on the year not including the days results. Here are the latest posted results.

 

12/26/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.5355 18.0469 37.6958 48.5889 30.5963
$ Change 0.0041 0.0242 -0.0375 0.0379 0.0295
% Change day +0.03% +0.13% -0.10% +0.08% +0.10%
% Change week +0.03% +0.13% -0.10% +0.08% +0.10%
% Change month +0.17% +0.10% +1.34% +0.72% +0.75%
% Change year +2.30% +3.43% +22.10% +18.52% +24.37%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.5379 26.8697 30.7082 33.446 19.3772
$ Change 0.0048 0.0049 0.0027 0.0020 0.0005
% Change day +0.02% +0.02% +0.01% +0.01% +0.00%
% Change week +0.02% +0.02% +0.01% +0.01% +0.00%
% Change month +0.35% +0.50% +0.72% +0.82% +0.90%
% Change year +6.12% +9.77% +14.43% +16.65% +18.69%

 

 

 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: The MACD moved into a negative configuration. The PMO is moving lower and could follow. If that happens it will move the C Fund to an overall Neutral signal.
S Fund:
I Fund:
F Fund: It was a strong day for bonds. We’ll have to keep an eye on this.
There’s really not much to say about this action. It’s usually a bit more lively than this. It appears that investors may be waiting until the New Year to make their big moves. More than likely and for better or worse it looks like volatility will return in January. But that’s all speculation. If not for speculation what would we talk about here are anywhere else? I remember back when I was working full time. I very seldom had time for the news. I spent my precious time on the charts and I made great money doing it. Just saying…. OK I’m done. Have a great 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

  • 05/12/25

    Good Morning, Our charts told us we were at the bottom and the fundamentals agreed. The opportunity was so compelling that we probably jumped back in a few weeks to early, but we wanted to make darn sure we were positioned for the run that would surely come. The market dipped and many chicken little…

  • 05/05/25

    Good Morning, Inevitably, we will have a down day and today is it. Believe it or not the S&P 500 has gone up the past nine sessions and it’s been a long time since it’s done that. So a down day today is not so bad. The recent run has pretty much put things back…

  • 04/29/2025

    Good Afternoon, This was a Fed Driven market. It was all about when the Fed would be reducing interest rates based on inflation and that’s still the case to a certain degree, but in all actuality everything is waiting on the outcome of the tariff situation. So given that fact I’m going to say that…