08/18/17

Good Evening, This afternoon was the end of a volatile day and a volatile week. The market acted like it was going to rise but reversed into the close after there was news of more turmoil in the white house. Today was the first day that I can remember in a long while that the market ended in the red after a big selloff. I’m really not surprised. At this point the action could easily be called a mini correction and I don’t think the selling is over. This type of selling is typical for August. Many investors close up shop and take a vacation during the month. Also, we are dealing with an extended market that is need of a rest. A correction would actually be a healthy thing at this point and would set us up for a nice run into the the new year. I took the opportunity to sell some under performing stocks in my non TSP portfolio and reduce my exposure somewhat to this negative action. That leaves me with some cash to spend when and if we head back up. Of course, you should always try to make money but I guess what I’m saying is that your main priority this time of year should be capital preservation. What is is they say? It takes money to make money…..

The days trading left us with the following results: Our TSP allotment gained +0.27%. For comparison, the Dow lost -0.35%. the Nasdaq -0.09%, and the S&P 500 -0.18%. Praise God for another good day for our group!

 

S&P 500 ends down after latest White House turmoil

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Buy. We are currently invested at 100/I. Our allocation is now +11.04% on the year not including the days results. Here are the latest posted results.

 

08/17/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4095 18.0474 33.9465 43.0111 28.5811
$ Change 0.0010 0.0229 -0.5307 -0.7329 -0.1954
% Change day +0.01% +0.13% -1.54% -1.68% -0.68%
% Change week +0.04% +0.08% -0.40% -0.75% -0.14%
% Change month +0.11% +0.50% -1.46% -3.40% -1.03%
% Change year +1.47% +3.43% +9.96% +4.92% +16.17%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.0483 25.8 28.8497 31.1128 17.8631
$ Change -0.0474 -0.1254 -0.2321 -0.2961 -0.1942
% Change day -0.25% -0.48% -0.80% -0.94% -1.08%
% Change week -0.04% -0.11% -0.21% -0.26% -0.31%
% Change month -0.21% -0.52% -0.95% -1.15% -1.35%
% Change year +3.47% +5.40% +7.51% +8.52% +9.42%

 

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: Price is now trading below it’s 50 EMA and the SCTR has dropped to 46.6. Also the 5 EMA is on the verge of passing down though the 50 EMA. This one is looking bearish!
S Fund: The 5 EMA has now crossed down through the 100 EMA. Price has broken support at the lower trend line. The last support is at 97.5. If that’s broken then it’s Katie bar the door! If the 5 EMA passes through the 200 EMA and the other indicators remain in negative configurations then this one will be a sell!! The SCTR is reflecting the technical damage being done here now at just 19.1.
I Fund: The 5 EMA has passed thought the 20 EMA but price is still trading above the 50 EMA. Other than that this one is weathering the downtrend pretty well as reflected by it;’s SCTR which is still a healthy 78.3!
F Fund: Bonds are hanging in there pretty well. They are benefiting from he down turn in stocks as traders seek safe havens. My concern here is that this one will drop when stocks head back up. So be on your toes if your invested here. The SCTR reflects the current strength at 54.0 which is the highest that is has been in a while.
So far our allocation is hanging tough. Our job now is to watch the chart like a hawk and not sell unless we get a signal! That’s all for tonight. Have a great weekend and remember, God’s got this!
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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