06/11/18

Good Evening, The market rose slightly ahead of the summit between Kim Jung Il and President Trump tomorrow. In addition, investors are looking ahead to the completion of this weeks FOMC meeting on Wednesday. I’m not sure how great of an impact that will have as another rate hike is already well anticipated. I guess the perfect scenario would be some kind of early agreement out of the summit and no surprise from the FED. There are several stock analysts calling for a sell the news reaction if indeed the news is good. I’m not convinced that will be the case. I tend to lean towards some buying myself but that’s pure speculation. Nonetheless, there certainly is room for a bout of profit taking after the recent good run. As most of you already know, I don’t really speculate. I blog about it more for the sake of keeping things interesting. I am and always will be a reactive trader who makes market decisions mostly based on my charts. That is mostly, not entirely….I never totally ignore fundamentals (;

The days trading left us with the following results: Our TSP allotment posted a gain of +0.13%. For comparison, the Dow was slightly in the green at +0.02%, the Nasdaq +0.19%, and the S&P 500 +0.11%. I thank God for another day in the green!

 

Wall Street ekes out gains ahead of Singapore summit

 

The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Neutral. We are currently invested at 100/S. Our allocation is now +7.31% on the year not including the days results. Here are the latest posted results:

 

06/08/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.726 17.7498 39.4255 52.4443 30.8585
$ Change 0.0013 -0.0049 0.1242 0.1975 -0.1628
% Change day +0.01% -0.03% +0.32% +0.38% -0.52%
% Change week +0.06% -0.22% +1.66% +1.93% +0.96%
% Change month +0.06% -0.57% +2.77% +2.80% +1.27%
% Change year +1.19% -2.02% +4.83% +8.21% +0.01%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.8644 27.4128 31.574 34.4938 20.0426
$ Change 0.0037 0.0074 0.0141 0.0181 0.0119
% Change day +0.02% +0.03% +0.04% +0.05% +0.06%
% Change week +0.32% +0.52% +0.91% +1.07% +1.22%
% Change month +0.47% +0.78% +1.39% +1.65% +1.88%
% Change year +1.61% +1.94% +2.73% +3.03% +3.33%

 

 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: The MACD crossed over to join the Wms%R in a positive configuration which generated an overall neutral signal for the I Fund. In our system a chart is rated at neutral when a minimum of two indicators are in positive configurations. A buy signal is generated when three or more are positive and the SCTR is above 40.
F Fund:
I love our allocation! No changes are anticipated at this time. 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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