Good Evening, Stocks moved up again today ahead of tomorrows Fed meeting. Our move to the G Fund is looking like a stinker right?? Wait just a minute. Everything and I mean everything could change tomorrow. Nobody knows for sure what the reaction will be to the Fed’s move and that’s dangerous. Think about it. The worst case scenario is that we finish the year slightly in the green with all our contributions in tact and that’s if we do nothing at all. If the market takes off we still have one trade available and could conceivably get on the train a little late. That’s the worst cases. Now……what if the market heads south tomorrow? Do you think the 1.6% that we that we would have made the past two days would help. Say we have a drop of 5% or more over the next two weeks. Would you be better off then??? At TSP Guide our focus is on first protecting capital and second making money. Our motto is “It’s not what you make but what you keep that’s important. In 19 years of trading we have only posted two negative returns and we intend to keep it that way if at all possible.
The days trading left us with the following results: Our TSP allotment was steady in the G Fund. For comparison, the Dow added +0.90%, the Nasdaq +0.87%, and the S&P 500 +1.06%.
Stocks Rally as Wall Street Waits for Fed Outlook
The days action left us with the following signals: C-Sell, S-Sell, I-Sell, F-Neutral. We are currently invested at 100/G.
That’s all for tonight! Have a great evening and we’ll do it again tomorrow. God bless, Scott