05/14/18

Good Evening, The market perked up on increased chances of a trade deal with China. However, stocks came way off their highs in the afternoon after many traders decided to take profit after a nice run. You really can’t blame them as the market is up sharply after the intraday reversal on May 3rd. The S&P 500 .SPX pared its gains after hitting a roughly two-month high earlier in the session, but at closing bell the index held onto its four-day winning streak. The bears will be quick to point out the weakness but the truth is that it was no more than some healthy consolidation after a strong run. The major indices still have a lot of room to move up as they are all way off their all time highs. At this point the market needed some consolidation in order to move higher. The bottom line is that the bulls are still in control. So we need to get out of the way and let them run.

The days trading left us with the following results: Our TSP allotment slipped back -0.21%. For comparison, the Dow was up +0.27%, the Nasdaq +0.11%, and the S&P 500 +0.09%.

 

Wall St. ekes out gains as trade optimism pressured by defensive stocks

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 +3.34% on the year not including the days results. Here are the latest posted results:

 

05/11/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.6914 17.7071 38.6274 50.5021 31.482
$ Change 0.0013 0.0104 0.0797 0.0419 0.2582
% Change day +0.01% +0.06% +0.21% +0.08% +0.83%
% Change week +0.06% +0.00% +2.49% +2.48% +1.63%
% Change month +0.09% -0.08% +3.11% +3.80% +1.12%
% Change year +0.97% -2.25% +2.70% +4.20% +2.03%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.7861 27.2721 31.3342 34.1937 19.8478
$ Change 0.0168 0.0366 0.0732 0.0937 0.0613
% Change day +0.08% +0.13% +0.23% +0.27% +0.31%
% Change week +0.49% +0.78% +1.37% +1.62% +1.84%
% Change month +0.58% +0.92% +1.61% +1.90% +2.17%
% Change year +1.20% +1.42% +1.95% +2.14% +2.33%

 

 

 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:
Nothing to add here 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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