07/11/18

Good Evening, The killer T’s got us again today. This time it was tariffs as the US threatened to impose a new round of tariffs on China and of course China threatened to retaliate. Specifically, the US said that it is prepared to enact tariffs on an additional 200 Billion worth of Chinese goods. This upped the ante substantially and put the market in a negative mood all day. I managed to make a little money the street but that was only through good stock picking. If you were invested in a major index or fund then you felt a little pain. Overall, I’d have to say that I’m still not overly concerned. The Chinese ultimately have the most to lose in this deal. So I think that an agreement will eventually be reached and when it is it will be an economic improvement for the United States. We’re just going to have to go ride out some rough seas before we get there. I wish I could tell you exactly how long this will last but there is really no way to know. Our goal if possible is to stay in the market until this agreement is reached. Earnings season starts in earnest on Friday with several big banks reporting. While earnings are expected to be good, investors main focus will be on the guidance given during reports. That guidance will determine the tone of the market and ultimately whether or not we will be able to remain in equities.

The days trading left us with the following results: Our TSP allotment dropped -0.67%. For comparison, the Dow lost -0.88%, the Nasdaq -0.55%, and the S&P 500 -0.71%.

 

Wall Street snaps gain streak as trade threat weighs

The days action left us with the following signals: C-Buy, S-Buy, I-Neutral, F-Buy. We are currently invested at 100/S. Our allocation is now +8.50% on the year not including the days results. Here are the latest posted results:

 

07/10/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.7658 17.8566 39.6963 53.0269 30.5015
$ Change 0.0013 -0.0056 0.1382 -0.1178 0.0031
% Change day +0.01% -0.03% +0.35% -0.22% +0.01%
% Change week +0.03% -0.11% +1.26% +0.57% +0.75%
% Change month +0.08% +0.13% +2.84% +3.05% +1.32%
% Change year +1.45% -1.43% +5.55% +9.41% -1.15%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9173 27.4743 31.6502 34.5767 20.0898
$ Change 0.0075 0.0154 0.0307 0.0383 0.0243
% Change day +0.04% +0.06% +0.10% +0.11% +0.12%
% Change week +0.22% +0.34% +0.61% +0.72% +0.81%
% Change month +0.55% +0.83% +1.49% +1.77% +2.00%
% Change year +1.88% +2.17% +2.97% +3.28% +3.57%

 

 

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:
Buckle up the seat belts. The roads going to be rough for a while but we should still arrive at our destination. 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  KyFan1@aol.com. 

 

 

 

 

 

 



Written By

Scott Grimes

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