11/02/17

Good Evening, We got Jerome Powell nominated for Fed Chair and the Republican tax plan was released. That amounted to a flat market so far with the dips still being bought. My take is that the Powell nomination was already baked into the market and investors as well as everyone else are still assessing the tax plan. You can probably expect some type of market reaction tomorrow. The plan does include a corporate tax cut from 35% to 20% but eliminates or reduces many deductions. They tell me it’s about 200 pages long so let the debate begin.

The days trading left us with the following results: Our TSP allotment had a modest gain of +0.12%. For comparison, the Dow was up +0.35%, the Nasdaq dropped -0.02%, and the S&P 500 added +0.02%.

 

The days trading left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. That translates to flat!! We are currently invested at 100/S. Our allocation is now +15.07% on the year not including the days results. Here are the latest posted results:
11/01/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.4801 18.0483 36.1483 46.7103 30.1559
$ Change 0.0009 -0.0004 0.0571 -0.1679 0.1048
% Change day +0.01% +0.00% +0.16% -0.36% +0.35%
% Change week +0.03% +0.28% -0.06% -0.49% +0.96%
% Change month +0.01% +0.00% +0.16% -0.36% +0.35%
% Change year +1.93% +3.44% +17.09% +13.94% +22.58%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.3559 26.4889 30.0474 32.6187 18.8417
$ Change 0.0064 0.0144 0.0255 0.0312 0.0197
% Change day +0.03% +0.05% +0.08% +0.10% +0.10%
% Change week +0.08% +0.10% +0.14% +0.15% +0.16%
% Change month +0.03% +0.05% +0.08% +0.10% +0.10%
% Change year +5.14% +8.22% +11.97% +13.77% +15.41%
 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:
We’ll have to wait and see how the tax plan is digested tomorrow. As usual keep and eye on your charts and keep praying! 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]

 

 

 




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