01/12/16

Good Evening, The market reluctantly allowed an oversold bounce to occur today after nearly giving up it’s gains early when oil dropped below $30.00 per barrel. I’m afraid that until market players accept the fact that oil is going to trade below $30.00 and the markets in China are going to be volatile they will continue to freak out each time one or the other takes place. I’ve said this before and I’ll say it again, nobody ever made any money by panicking. At least right now, the US economy while not setting things on fire is at least on solid ground and that’s all I’m concerned about. I also am wondering about the other 93% of the market that benefits either directly or indirectly from low oil……..

At the end of the day Wall Street left us with the following results. Our TSP allotment was steady in the G Fund. For comparison, the Dow gained +0.72%, the Nasdaq +1.03%, and the S&P 500 +0.78%.

 

Energy, biotech help lift Wall St. to second day of gains

 

The days action left us with the following signals: C-Sell, S-Sell, I-Sell, F-Buy. We are currently invested at 100/G. Our allocation is now +0.07% on the year not including the days results. Here are the latest posted results:

01/11/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.9254 17.0491 25.9571 32.5205 22.6278
$ Change 0.0028 -0.0172 0.0223 -0.1896 0.0710
% Change day +0.02% -0.10% +0.09% -0.58% +0.31%
% Change week +0.02% -0.10% +0.09% -0.58% +0.31%
% Change month +0.07% +0.56% -5.82% -7.71% -6.09%
% Change year +0.07% +0.56% -5.82% -7.71% -6.09%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.5673 22.5381 24.0716 25.3467 14.2362
$ Change 0.0035 0.0067 0.0078 0.0079 0.0045
% Change day +0.02% +0.03% +0.03% +0.03% +0.03%
% Change week +0.02% +0.03% +0.03% +0.03% +0.03%
% Change month -1.16% -2.89% -3.96% -4.61% -5.26%
% Change year -1.16% -2.89% -3.96% -4.61% -5.26%

 

 Lets take a look at the charts: (All signals annotated with Green Circles) If you click on the charts they will become larger!
C Fund: Still a sell. C Fund
S Fund: Still a sell.
S Fund
I Fund: Still a sell.
I Fund
F Fund: The F Fund moved to a buy signal today as the 20 EMA passed up through the 50 EMA with at least two additional indicators in positive configurations. (It does’t hurt that they are all in positive configurations.) Also worth noting is the strong SCTR of 94.9. This buy signal is a result of traders seeking a safe haven during the current sell off. I still have concerns about this fund with additional interest rate increases on the table. However, as long as stocks head down it will remain a good place to be.
F Fund
Today we had a nice oversold bounce, but that’s all it was. It’s going to take a lot more buying to get us out of this hole. Maybe this is the bottom. I doubt it, but maybe it is. However, for now we remain in a downtrend and we must respect it. That’s all for tonight. Have a nice evening and I’ll see you tomorrow.
 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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  • 05/12/25

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  • 05/05/25

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