04/10/18

Good Evening, Thank you President Xi Jinping and thank you Mark Zuckerberg. You spoke and the market liked what it heard or probably to be more accurately you gave the market no reason to panic. On behalf of investors abroad I salute you. This morning the market gapped up after President Jinping stated that he would work to open up Chinese markets. Specifically he talked about dropping the 25% tariff on US autos there which is one of President Trumps biggest gripes. The market maintained a nice gap up into the afternoon and received another boost when Facebook CEO and founder Mark Zuckerberg struck a conciliatory tone when testifying before congress. Earnings season kicks off tomorrow morning when J P Morgan (JPM) reports. It is my expectation that the earnings season will be really good and will give a third boost to the market into the spring. We will see. There are some possible landmines that could slow things down such as the Russian investigation but they don’t seem to be an issue now so I it’s full steam ahead from here!!

The days trading left us with the following results: Our TSP allotment gained +1.78%. For comparison, the Dow added +1.79%, the Nasdaq +2.07, and the S&P 500 +1.67%. Thank God for the great day!

 

Wall Street rises as Chinese president eases trade worries

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 100/S, Our allocation is now -1.98% on the year not including the day’s gains. Here are the latest posted results:

 

04/09/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.6531 17.8435 36.949 47.9042 30.7291
$ Change 0.0036 0.0002 0.1341 -0.0101 0.1664
% Change day +0.02% +0.00% +0.36% -0.02% +0.54%
% Change week +0.02% +0.00% +0.36% -0.02% +0.54%
% Change month +0.07% -0.05% -0.99% -1.27% +0.68%
% Change year +0.72% -1.50% -1.76% -1.16% -0.41%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.6017 26.8826 30.5729 33.2217 19.2098
$ Change 0.0174 0.0360 0.0687 0.0865 0.0559
% Change day +0.09% +0.13% +0.23% +0.26% +0.29%
% Change week +0.09% +0.13% +0.23% +0.26% +0.29%
% Change month -0.06% -0.17% -0.31% -0.38% -0.44%
% Change year +0.26% -0.03% -0.53% -0.77% -0.96%

 

 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:
It’s been a good day. Praise God for His blessing!!! I’m not saying that there won’t be some bumps and potholes ahead but I do feel strongly that the worst is behind us. Steady as she goes and full steam ahead! 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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