04/13/2015

Good Evening,

Today the market was somewhere in between waiting for earnings to start in earnest and worrying about what those results will be. Yes, things already got rolling with a few companies like Alcoa, but what I’m really talking about are heavy weights such as GE, Intel, and Johnson & Johnson. Until those guys report, traders will continue to fret about how the high dollar will effect large companies with a lot of international exposure. So today was more waiting with a little worrying. Of course you know my take on that. Why not just wait and see what happens and then react to it? I wish I had a dime for every dollar they lost be trying to get a jump on the crowd….

Today’s trading left us with the following results. Our TSP allotment slipped back -0.474%. For comparison, the Dow lost -0.45%, the Nasdaq -0.15% and the S&P 500 closed at -0.46%.

Wall St. ends down as earnings worries deepen

 

 

The day’s action left us with the following signals: C-Buy, S-Neutral, I-Buy, F-Buy. We are currently invested at 05/C, 32/S, 63/I. Our allocation is now +4.07% on the year, not including the day’s results. 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.  Here are the latest posted results:
04/10/15
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.692 17.0924 27.8976 38.6997 26.3388
$ Change 0.0008 0.0028 0.1443 0.1392 0.0806
% Change day +0.01% +0.02% +0.52% +0.36% +0.31%
% Change week +0.04% -0.09% +1.74% +1.00% +1.70%
% Change month +0.05% +0.05% +1.71% +1.17% +2.89%
% Change year +0.52% +1.73% +2.70% +6.62% +8.76%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.7059 23.5728 25.7155 27.4764 15.6579
$ Change 0.0166 0.0519 0.0724 0.0885 0.0566
% Change day +0.09% +0.22% +0.28% +0.32% +0.36%
% Change week +0.35% +0.83% +1.05% +1.19% +1.34%
% Change month +0.43% +1.02% +1.29% +1.46% +1.66%
% Change year +1.46% +2.94% +3.67% +4.16% +4.67%
Let’s take a look at the charts:

C Fund:  Price slipped back and closed on support at around 2093. There was no real damage done with the only slight sign of weakness being that the WMs %R which turned down. Volume was average.

C Fund

S Fund: Price dropped back down to its 50 EMA today, but that was all. While this chart remains in an overall neutral signal, it has been more consistent than the big cap C Fund. Price remains solidly within its ascending channel. No concerns here.

S Fund

I Fund:The I Fund weakened slightly but still remains on a overall buy signal reflecting its recent strength. All indicators turned down in response to the weakness. However, all remain in positive configurations.

I Fund

F Fund: If nothing else, at least the F fund has been consistent. It has posted enough small gains to offset its losses and remain near its recent highs. The MAC D did slip into a negative configuration, but is basically still in neutral territory. I have no real concerns with this chart at this time.

F Fund

Nothing really changed today. I’d say we’ll be able to better tell which way we are going as the big boys start reporting. My guess is that we’ll hear a lot of talk like “what a company’s profit would have been without the strong dollar” to smooth over less than stellar results. Who knows how the market will react? That’s what we have charts for. I thank God for His continued guidance. May He continue to bless your trades. Have a great evening!
God bless,
Scott8-)


Written By

Scott Grimes

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