03/29/17

Good Evening, The market moved lower in the morning and then was driven off it’s lows to close near it’s highs for the day as dip buyers stepped in yet again. Buying the dip for the past few years has been a sure way to make money and the dip buyers aren’t going to stop until they get burned a time or two. The bears have several good arguments going for them this week to be sure. That said, we have to ask ourselves if the current small bounce will fizzle out as the market falls prey to their arguments or will yet another V  shaped bounce occur to squeeze the bears back into submission? My thought is this. Each time through out the past few years that I have wondered if another V shaped bounce could possibly occur, it did. So we can’t dismiss one just yet. As I mentioned in a recent blog, until the current pattern of market reversals is broken it is unwise to bet against it. Yes, sooner or later we’ll fall prey to a down trend and the bears will proclaim how they warned everybody, but will they go back and recount the dozens of times they have been wrong….I sincerely doubt it.

Todays trading left us with the following results: Our TSP allotment finished even at +0.00%. For comparison, the Dow dropped -0.20%, the Nasdaq added +0.38%, and the S&P 500 was up +0.11%.

 

Energy, consumer shares lift S&P 500 to slight gain

 

The days action left us with the following signals: C-Neutral, S-Neutral, I-Buy, F-Neutral. We are currently invested at 100/I. Our TSP allotment is now +3.39% on the year not including the days results. Here are the latest posted results:

03/28/17 Prior Prices

Fund

G Fund

F Fund

C Fund

S Fund

I Fund
Price 15.2732 17.5852 32.6816 42.4109 26.6125
$ Change 0.0010 -0.0359 0.2351 0.3200 0.2100
% Change day +0.01% -0.20% +0.72% +0.76% +0.80%
% Change week +0.03% -0.07% +0.62% +0.87% +0.81%
% Change month +0.18% -0.16% -0.08% -1.15% +3.64%
% Change year +0.57% +0.78% +5.86% +3.45% +8.17%
  L INC L 2020 L 2030 L 2040 L 2050
Price 18.7225 25.1813 27.9311 30.0108 17.1771
$ Change 0.0267 0.0751 0.1282 0.1616 0.1057
% Change day +0.14% +0.30% +0.46% +0.54% +0.62%
% Change week +0.16% +0.30% +0.45% +0.53% +0.60%
% Change month +0.30% +0.45% +0.59% +0.65% +0.72%
% Change year +1.70% +2.87% +4.08% +4.67% +5.22%

 

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: Price moved into a positive configuration using our current of indicators as the 5 EMA moved back over the 200 EMA. However, I refuse to call this one a buy until the SCTR which is currently 15.4 rises to at least 40. With interest rates rising I don’t think the F Fund can maintain it’s current uptrend and the SCTR supports my position……
The dollar rose today and put pressure on the I fund. I don’t look for that to last long. Keep praying and watch your charts. 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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