08/16/18

Good Evening, Light off the fireworks and strike up the band! The Dow gained +1.58%! Woo Hoo!!! Please note my sarcasm….. The media is again partying hard because the Dow is up big and moving toward an all time high. Don;t get me wrong. I am happy that some of the market made a nice gain, but in the case of the Dow, it’s only 30 stocks and the last time I checked there are a whole lot more than 30 stocks in the NYSE. While the overall action was not bad, it also was not near as good as the media portrayed it to be. Just take a look at the Nasdaq or the Nasdaq 100 to get the picture. They represent a much bigger percentage of the market than the Dow. They made +0.43% and +0.33% respectively. Nice gains to be sure but a far cry from the way the media misrepresented the days trading. The bottom line is this. If you are using the Dow as an indicator of the overall health of the market you are living in the stone ages.

The days trading left us with the following results. Our TSP allotment posted a nice gain of +0.82%. For comparison the Dow gained +1,58%, the Nasdaq +0.42%, and the S&P 500 +0.79%. Of course I thank God for our gains….that goes without saying. Contrary to popular belief, I even praise Him on the days we have a loss because I know that all good things come though His blessings.

 

Wall St. rallies on solid earnings, U.S.-China trade talks

The days action left us with the following  signals: C-Neutral, S-Neutral, I-Sell, F-Buy. We are currently invested at 100/S. Our allocation is now +7.63% not including the days results. Here are the latest posted results:

 

08/15/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.8114 17.9368 40.1131 52.6002 29.4272
$ Change 0.0013 0.0372 -0.2996 -0.6128 -0.3841
% Change day +0.01% +0.21% -0.74% -1.15% -1.29%
% Change week +0.04% +0.02% -0.50% -0.89% -2.01%
% Change month +0.12% +0.54% +0.20% +0.58% -4.59%
% Change year +1.74% -0.98% +6.65% +8.53% -4.63%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9427 27.4801 31.5741 34.4538 19.9967
$ Change -0.0349 -0.0803 -0.1811 -0.2374 -0.1585
% Change day -0.17% -0.29% -0.57% -0.68% -0.79%
% Change week -0.17% -0.30% -0.60% -0.72% -0.83%
% Change month -0.12% -0.27% -0.64% -0.79% -0.92%
% Change year +2.01% +2.19% +2.73% +2.91% +3.09%

 

 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:
We had a nice day and I’m an optimist to be sure, but I’m also a realist and we are in the slow season for stocks. What I’m trying to say about this action is don’t get too high or too low. Just keep a level head and be happy with any gains that you keep in August and September. That’s all for tonight. I have to get out of here. It’s my 38th anniversary and I have a dinner date with a lovely lady. I truly have a lot to be thankful for. Have a nice day and I’ll see you tomorrow.
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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