12/29/16

Good Evening, One more trading day to go and 2016 will be history. And the most important thing! Our group will end the year with another gain! For those of you who have been with the group since it started with a few E Mails it has been a good ride. We have had what? Only two or was it three years that we didn’t book a gain. Of course I took most of the year off in 2011 when I retired (the first time) so I won’t count that one. Bottom line is that God has always shown us favor. For that reason I must give Him all the credit and all the praise.

Today financials led the market lower as it is now obvious that traders have given up on their quest to see the Dow hit 20,000 and are content to ride out the rest of 2016. Our TSP allotment added a modest +0.17%. For comparison, the Dow slipped -0.07%, the Nasdaq -0.12% and the S&P 500 -0.03%.

 

Wall Street Falls Again As Financial Stocks Lead the Decline

 

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allotment is now +8.99% on the year not including today’s results. Here are the latest posted results:

 

12/28/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.1839 17.3707 31.0224 41.0922 24.3857
$ Change 0.0010 0.0541 -0.2554 -0.4374 -0.0324
% Change day +0.01% +0.31% -0.82% -1.05% -0.13%
% Change week +0.03% +0.22% -0.59% -0.68% -0.27%
% Change month +0.18% -0.29% +2.47% +2.05% +2.53%
% Change year +1.80% +2.45% +12.55% +16.62% +1.21%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.404 24.4724 26.8325 28.6691 16.3261
$ Change -0.0195 -0.0622 -0.1049 -0.1328 -0.0875
% Change day -0.11% -0.25% -0.39% -0.46% -0.53%
% Change week -0.06% -0.19% -0.30% -0.36% -0.41%
% Change month +0.61% +1.11% +1.58% +1.81% +2.04%
% Change year +3.55% +5.45% +7.06% +7.89% +8.65%

 

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: Bonds appear to be bottoming as all indicators are moving up. This could mean a downturn for stocks!
f-fund
A couple of things to note chartwise as we close out the year. Our equity charts are running out of steam as all have moved to Neutral. The F Fund (Bonds) is clearly bottoming. It is a given fact that bonds and gold are considered safe havens. Since both have moved up in recent days, it is a strong possibility that we will see a decline in the first weeks of 2017. Long term investors should always stay the course and wait for the charts to confirm any move. However, if your time horizon is short you might consider protecting your gains at this time. That’s all for tonight!  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

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