Good Evening, Remember when it used to be all about the Fed? Well guess what, it’s not anymore. Now it’s all about the election. Uncertainty over the outcome of the election sent things in a tail spin today. It’s funny how times change. It used to be that an election year was a can’t miss year for the stock market. I guess not so much when the candidates are as unpopular as these. My strategy is to wait this out as long as I can stand the pain. One more week to go!
The days selling left us with the following results: Our TSP allotment gave up -1.00%. For comparison, the Dow dropped -0.58%, the Nasdaq -0.69%, and the S&P 500 -0.68%. Obviously, it wasn’t a good day for anyone….
The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested at 100/S. Our allocation is now -1.07% for the year not including the days results. Here are the latest posted results:
| 10/31/16 |
|
|
|
Prior Prices |
| Fund |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| Price |
15.1329 |
17.8404 |
29.19 |
37.3009 |
24.2656 |
| $ Change |
0.0020 |
0.0137 |
-0.0036 |
0.1538 |
0.0030 |
| % Change day |
+0.01% |
+0.08% |
-0.01% |
+0.41% |
+0.01% |
| % Change week |
+0.01% |
+0.08% |
-0.01% |
+0.41% |
+0.01% |
| % Change month |
+0.14% |
-0.74% |
-1.82% |
-3.86% |
-2.03% |
| % Change year |
+1.46% |
+5.22% |
+5.91% |
+5.86% |
+0.71% |
| |
L INC |
L 2020 |
L 2030 |
L 2040 |
L 2050 |
| Price |
18.2046 |
23.9527 |
26.0074 |
27.6431 |
15.6569 |
| $ Change |
0.0047 |
0.0086 |
0.0124 |
0.0153 |
0.0099 |
| % Change day |
+0.03% |
+0.04% |
+0.05% |
+0.06% |
+0.06% |
| % Change week |
+0.03% |
+0.04% |
+0.05% |
+0.06% |
+0.06% |
| % Change month |
-0.38% |
-0.91% |
-1.39% |
-1.65% |
-1.89% |
| % Change year |
+2.43% |
+3.21% |
+3.77% |
+4.03% |
+4.20% |
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:
I Fund:
F Fund:
Our analysis was correct. The election was and is having a great impact on the market. Right now it’s pricing in the uncertainty of a Trump victory. Before you say anything I’m not playing favorites (we don’t do that here) and neither is the market. The key word is uncertainty, the market is uncertain about what a Trump presidency will bring. It is the same thing as when the market drops on the uncertainty of what the Fed will do. It’s not that one thing or the other is bad or good. It’s just the uncertainty of it all. None of us know for sure what will happen, but we are hoping the picture will get a little clearer in the weeks to come. That’s all for tonight. Pray for our investment group and pray for the election! Have a nice evening and I’ll see you tomorrow.
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 KyFan1@aol.com.