12/11/15

Good Evening, The technical signs have been warning of us of some underlying weakness while a few large caps kept the major indices floating. We had sell signals in the S and I funds and bonds were looking strong. In the end the major indices finally succumbed to low oil prices coupled with a concern over an anticipated interest rate hike by the Fed next week. The result was a triple digit selloff like we haven’t had in a while. The big question now is whether the downward pressure will build or if the market will turn up again as it has done the past year and make fools out of prudent money managers including myself who took defensive measures. We will see and the charts will tell the story…..

The days selling left us with the following results: Our TSP allotment lost -1.94%. For comparison, the Dow dropped -1.76%, the Nasdaq -2.21%, and the S&P 500 -1.94%. We managed to stay in the green. I look forward to the buying opportunity that this will create!

 

Stocks Slump Ahead of Rate Decision Week

 

The weeks action left us with the following signals: C-Sell, S-Sell, I-Sell, F-Neutral. As of the close of business today we are invested at 100/G. Our allocation is now +2.10% on the year not including today’s results. After all’s said and done we will still be slightly in the green. I thank God for that! Here are the latest posted results:

12/10/15  
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.8971 16.9908 27.6422 35.4226 24.0947
$ Change 0.0009 -0.0286 0.0654 0.1217 -0.1109
% Change day +0.01% -0.17% +0.24% +0.34% -0.46%
% Change week +0.04% +0.09% -1.85% -2.53% -2.18%
% Change month +0.06% -0.09% -1.28% -3.40% -2.03%
% Change year +1.92% +1.13% +1.75% -2.41% -0.51%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.7653 23.2189 25.0913 26.614 15.0559
$ Change 0.0017 0.0034 0.0062 0.0101 0.0056
% Change day +0.01% +0.01% +0.02% +0.04% +0.04%
% Change week -0.38% -0.98% -1.33% -1.55% -1.77%
% Change month -0.32% -0.87% -1.21% -1.45% -1.65%
% Change year +1.80% +1.40% +1.15% +0.89% +0.65%

 

Lets take a look at the charts: (All signals annotated with Green Circles)
C Fund:
C Fund
S Fund:
S Fund
I Fund:
I Fund
F Fund:
F Fund
 
That’s all for tonight. Don’t worry about the market. We’ve been through worse before and God’s always helped us to positive outcome. Give Him all the praise!
 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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