Good Evening, The market started the new month in the negative , but right on script the dip buyers stepped in and drove us off the day’s lows. The media blamed the same recent concerns for the slight bought of selling. The Deutsche Bank issue, Brexit, and a lack of certainty concerning the upcoming election. Sounds like the shotgun approach to me. If I were forced to pick one…no I don’t think I will. I’ll just keep watching the charts. After all, that’s all I really have control over anyway, isn’t it???? Speaking of charts, we are now invested at 100/S. As you know we were looking for an entry point into equites in October. Such and opportunity presented itself when the market dipped for a few days and the S Fund managed to come up with a fresh buy signal at the same time. That allowed us to buy in at a slight discount and enjoy a nice reflexive bounce the next day. That enabled us to start off the trade in the green. Always a good thing. Sometimes it’s small things such as buying Into weakness and selling into strength that make the difference.
The days trading left us with the following results: Our TSP allotment fell back -0.38%. For comparison, the Dow dropped -0.30%, the Nasdaq -0.21%, and the S&P 500 -0.33%.
The days action left us with the following signals: C-Neutral, S-Buy, I-Neutral, F-Buy. We are now invested at 100/S. Our allocation is +2.90% on the year not including the days results. Here are the latest posted results:
| 09/30/16 |
|
|
|
Prior Prices |
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
15.1123 |
17.9737 |
29.7319 |
38.7974 |
24.7693 |
| $ Change |
0.0007 |
-0.0427 |
0.2347 |
0.3423 |
0.0787 |
| % Change day |
+0.00% |
-0.24% |
+0.80% |
+0.89% |
+0.32% |
| % Change week |
+0.03% |
+0.07% |
+0.20% |
+0.05% |
-0.66% |
| % Change month |
+0.13% |
-0.04% |
+0.02% |
+0.90% |
+1.24% |
| % Change year |
+1.32% |
+6.01% |
+7.87% |
+10.11% |
+2.80% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
18.2739 |
24.172 |
26.3751 |
28.1083 |
15.9588 |
| $ Change |
0.0221 |
0.0676 |
0.1077 |
0.1345 |
0.0877 |
| % Change day |
+0.12% |
+0.28% |
+0.41% |
+0.48% |
+0.55% |
| % Change week |
+0.01% |
-0.01% |
-0.04% |
-0.05% |
-0.06% |
| % Change month |
+0.20% |
+0.30% |
+0.38% |
+0.43% |
+0.48% |
| % Change year |
+2.82% |
+4.15% |
+5.23% |
+5.78% |
+6.21% |
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:
S Fund: The S Fund generated at buy signal when the PMO moved into a positive configuration a couple sessions ago. That presented us with the opportunity that we had been waiting for.
I Fund:
F Fund:
Well we’re in stocks now! Somebody asked me today why I moved so early in October as they though we are going to be more cautious. Of course I had a buy signal and was able to buy into weakness which are both good things. However, there is another reason I like to get into the market in October if I can find a decent entry point (that is if I am not already in). October gets a bad rap. While it has been home to some of the biggest declines in stock market history, it typically is quite bullish and one reason why the “go away in May” crowd gets it wrong. That theory suggests that you leave the stock market on April 30th and return on November 1st. The problem is that October has been the best performing calendar month over the past 20 years, averaging monthly gains of 2.1% on the S&P 500 over that period. As the song goes “That’s my story and I’m sticking to it”. Also, I intend to keep praying as I consider that the most important thing. We have an awesome God watching over us if we will just have some faith! May he continue to bless your trades. Have a nice evening.
God bless, Scott 
***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].
