08/24/17

Good Evening, The major indices all closed lower as the market slipped ahead of the Jackson Hole Economic Symposium. Basically, it was marking time as investors wait to hear what Janet Yellen and Mario Draghi have to say. Although no major announcements are expected investors will be examining their speeches closely for hints about how they might unwind economic stimulus in the U.S. and Europe. That said, the market usually loves whatever they have to say. So barring no landmines, I wouldn’t be surprised to see things jump just a little tomorrow afternoon.

The days trading left us with the following results: Our TSP allotment fell back -0.23%. For comparison, the Dow dropped -0.13%, the Nasdaq -0.11% and the S&P 500 -0.21%.

 

Wall Street edges lower with Jackson Hole meeting in focus

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 +11.59% on the year not including the days results. Here are the latest posted results:

 

08/23/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4152 18.0746 34.1484 43.3572 28.7223
$ Change 0.0010 0.0372 -0.1156 -0.0472 0.0167
% Change day +0.01% +0.21% -0.34% -0.11% +0.06%
% Change week +0.03% +0.15% +0.78% +0.92% +0.28%
% Change month +0.14% +0.65% -0.88% -2.62% -0.54%
% Change year +1.50% +3.59% +10.61% +5.76% +16.75%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.0779 25.8664 28.963 31.2546 17.9546
$ Change -0.0040 -0.0141 -0.0288 -0.0371 -0.0247
% Change day -0.02% -0.05% -0.10% -0.12% -0.14%
% Change week +0.16% +0.27% +0.42% +0.49% +0.55%
% Change month -0.06% -0.27% -0.56% -0.70% -0.84%
% Change year +3.63% +5.67% +7.93% +9.01% +9.98%

 

 

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: This one may be starting to bottom. Remember, it will usually lead us back up after a downturn.
I Fund:
F Fund:
Nothing new to add here. We’re just waiting for the speeches at Jackson Hole tomorrow. Hopefully, they will give us a small push to get us through this slow season. That’s all for tonight. 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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