09/09/16

Good Evening, There’s no other way to describe it. It was a bloodbath out there today! The only thing I saw that was working were a few inverse ETF’s and we don’t have those in TSP. What we do have is the G fund and today was a very good day to be in it. It seems that market players were panicking about a rate increase again. They have grown wary of a Fed that in their eye’s never delivers. We’ve had record low interest rates since the great recession and only this pitiful recovery to show for it. That’s the way they see it. The way I see it is what’s the big deal? The Fed increases rates and we still have record low rates. Heck, for that matter they could increase it two or three times and we’d still have low rates. I’m saying the problems are a little deeper than an interest rate increase. Not to change the subject, but is anybody surprised by this selloff in September? Would anyone be caught off guard if this developed into a correction?  You shouldn’t if you follow this blog. We have been expecting some sluggish action and hoping that it will provide us with a better entry point into equities for a nice fall run. Only time and our charts will tell.

The day’s selloff left us with the following results: Our TSP allotment fell back -0.44%. Think that’s terrible?? Think again. For comparison, the Dow lost -2.13%, the Nasdaq -2.54%, and the S&P -2.45%. The ugly and then theirs ugly!!!

 

Wall St. drops amid worries over North Korea test, rate outlook

 

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/F. Our allotment is now +1.56% for the year not including the days results. Here are the latest posted results:

09/08/16 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.0977 17.9397 29.8789 38.991 25.1595
$ Change 0.0007 -0.0728 -0.0656 -0.1160 -0.0235
% Change day +0.00% -0.40% -0.22% -0.30% -0.09%
% Change week +0.03% -0.09% +0.09% +0.36% +1.36%
% Change month +0.04% -0.23% +0.51% +1.40% +2.83%
% Change year +1.22% +5.81% +8.41% +10.66% +4.42%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.2873 24.2419 26.4985 28.2671 16.0641
$ Change -0.0109 -0.0257 -0.0384 -0.0468 -0.0288
% Change day -0.06% -0.11% -0.14% -0.17% -0.18%
% Change week +0.12% +0.23% +0.33% +0.38% +0.44%
% Change month +0.28% +0.59% +0.85% +1.00% +1.14%
% Change year +2.89% +4.45% +5.73% +6.38% +6.91%

 

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:
f-fund
Bonds were off a little more than I anticipated, but they were still head and heals better than stocks. Other than that things are pretty much like I expected them to be. The question now is will stocks bounce right back like they have so far in 2016 or will this be a real correction? All we can do is watch our charts, trust in God, and then play the action that’s before us. That’s all for this week. Have a great weekend!
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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