11/30/17

Good Evening, The Sector rotation continued today. Albeit to a lesser degree. The main focus of the market was on the tax reform bill that is making it’s way through the Senate. The bill received a big boost today as Senator John McCain said that he will vote for it. Basically, it boils down to this. Investors are waiting to see what is going to happen with the bill before they position their portfolios for 2018. If the bill passes, look for them to buy domestic small and mid cap stocks to include financials, industrials, and cyclicals that will benefit from a lower corporate tax rate. Also look for them to buy large international companies that have a lot of money offshore that can be repatriated and put to work here. The vote should be late tonight or sometime tomorrow. It will determine how and in which direction this market will move. For those of you who are not familiar with the TSP Funds. The C Fund is made of up large cap stocks, the S Fund of small and mid cap stocks, and the I Fund of international stocks. Choose accordingly……

The days action left us with the following results: Our TSP allotment gained +0.60%. For comparison, the Dow added +1.39%, the Nasdaq +0.73%, and the S&P 500 +0.82%. Thank God for another good day!

 

Wall Street gains, Dow tops 24,000 as tax bill gains steam

The days action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 100/S. Our allocation is now +18.39% for the year not including the days results. Here are the latest posted results:

 

11/29/17 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.5083 18.0577 36.8818 48.0576 30.3231
$ Change 0.0010 -0.0337 -0.0089 0.0625 0.0359
% Change day +0.01% -0.19% -0.02% +0.13% +0.12%
% Change week +0.03% -0.15% +0.94% +0.91% -0.28%
% Change month +0.19% +0.05% +2.19% +2.52% +0.91%
% Change year +2.12% +3.49% +19.46% +17.23% +23.26%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.4486 26.6827 30.3843 33.0421 19.1169
$ Change 0.0003 0.0018 0.0050 0.0070 0.0053
% Change day +0.00% +0.01% +0.02% +0.02% +0.03%
% Change week +0.13% +0.22% +0.35% +0.41% +0.46%
% Change month +0.51% +0.79% +1.21% +1.40% +1.57%
% Change year +5.64% +9.01% +13.22% +15.24% +17.10%

 

 

 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: The F fund moved closer to generating a sell signal today when PMO, MACD, and WMs%R all moved into negative configurations. That leaves only price to go negative to generate the new signal. A sell signal here usually means good things for stocks!

If the the new tax bill passes we are in position to reap the (market) benefits. Keep an eye on the news and then watch the charts to see how the market reacts. 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  [email protected]. 

 

 

 

 



Written By

Scott Grimes

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