10/24/17

Good Evening, The Dow hit another record today as heavily weighted component 3M (MMM) rose on a blowout report. That’s great but….. you must remember what we have talked about in the past. The Dow is not a good barometer of the market as a whole. Not that you need another example but I’m going to give one anyway because it’s just too good to pass up. Consider GE which is also a Dow component but with only about a tenth of the weight of 3M. It dropped -1.93% today. Imagine if it had equal weight with 3M. Then consider the fact that the Dow only has 30 stocks and there you have it. The rest of the market was somewhat flat.

The days trading left us with the following results: Our TSP allotment moved up +0.18%. For comparison, the Dow gained +0.72%, the Nasdaq +0.18%, and the S&P 500 +0.16%. Praise the Lord for another positve day.

 

Dow jumps with upbeat 3M, Caterpillar earnings

The days action left us with the following signals: C-Buy, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +14.94% on the year not including the day’s results. Here are the latest posted results:

 

10/23/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4715 18.0323 35.9423 46.6556 29.9553
$ Change 0.0028 0.0170 -0.1425 -0.3157 -0.0138
% Change day +0.02% +0.09% -0.39% -0.67% -0.05%
% Change week +0.02% +0.09% -0.39% -0.67% -0.05%
% Change month +0.14% -0.02% +1.91% +0.93% +1.22%
% Change year +1.87% +3.35% +16.42% +13.81% +21.76%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.3262 26.4273 29.9424 32.4886 18.7584
$ Change -0.0090 -0.0277 -0.0582 -0.0765 -0.0514
% Change day -0.05% -0.10% -0.19% -0.23% -0.27%
% Change week -0.05% -0.10% -0.19% -0.23% -0.27%
% Change month +0.42% +0.65% +1.00% +1.15% +1.28%
% Change year +4.97% +7.96% +11.58% +13.31% +14.90%

 

 

 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: Price has encountered heavy resistance at around 108.25. The bullish wedge formation remains in play.
I Fund: The I Fund generated an overall neutral signal today when the PMO joined the MACD in a negative configuration.
F Fund:
There’s really nothing new to add here. We’ve got about a week or so more to go before we should start making decent money again. That’s all for tonight. Have a nice evening and may God continue to bless your trades.
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  KyFan1@aol.com. 

 

 

 

 

 

 

 



Written By

Scott Grimes

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