06/18/18

Good Evening, China retaliated against the US with trade Tariffs on 50 billion dollars worth of US goods today. So I guess we have the beginning of a real trade war. The market reacted by selling off this morning but then the dip buyers stepped in to make things respectable by the close. Small caps and energy were the places to be today. All in all the market seemed to take the tariff issue in stride. We will see if there is any follow though tomorrow. I suspect that the action will be pretty much the same with investors piling into small and mid cap domestic names for the most part. I must add though that there is quit a bit of speculative interest in several recent Chinese IPO’s such as IQ, HUYA, SOGU, and BILI. Those are some good momentum names to check out if your trading on the street. So why mention them in a Thrift blog??? High interest in speculative stocks is a good sign that the market is moving higher. Those type of stocks are always a good thing to keep and eye on. Normally when they dry up it’s a good time to take some profits……

The days trading left us with the following results: Our TSP allotment had a nice day posting a gain of +0.38%. For comparison, the Dow dropped -0.41%, the Nasdaq was flat at +0.01%, and the S&P 500 fell -0.21%. I thank God for our day in the green!

 

Wall Street ends modestly lower but energy shares rise

The days action left us with the following signals: C-Buy, S-Buy, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now +7.86% on the year not including the days gains. Here are the latest posted results:

 

06/15/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.7347 17.7729 39.4539 52.7134 30.7089
$ Change 0.0013 0.0187 -0.0363 -0.0230 -0.2322
% Change day +0.01% +0.11% -0.09% -0.04% -0.75%
% Change week +0.06% +0.13% +0.07% +0.51% -0.48%
% Change month +0.12% -0.44% +2.84% +3.33% +0.78%
% Change year +1.25% -1.89% +4.90% +8.76% -0.48%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.8727 27.4214 31.5773 34.495 20.0424
$ Change -0.0088 -0.0227 -0.0511 -0.0671 -0.0448
% Change day -0.04% -0.08% -0.16% -0.19% -0.22%
% Change week +0.04% +0.03% +0.01% +0.00% +0.00%
% Change month +0.52% +0.81% +1.40% +1.65% +1.88%
% Change year +1.65% +1.98% +2.74% +3.04% +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: Bullish Wedge! This one should move up.
S Fund: Bullish Wedge! This one should move up.
I Fund: The I Fund generated an overall sell signal when the PMO, MACD, and Wms%R all moved into negative configurations with the SCTR below 40.
F Fund:
Now we’re cruising! No changes needed. 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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