01/29/19

Good Evening, Keeping it short again tonight. I’m worn out! trying to do this rehab/recovery and watch my stocks is wearing me out! Know that I do indeed have my eyes on the charts! I personally have too much invested not to. Not to mention the fact that I take My TSP Guide very seriously. I have a lot of good friends that have been with me for a long long time so I can’t let them down! Anyway, the market finished the day mixed with the major indices under a good deal of pressure most of the day as investors digested earnings from several large corporations and anticipated more after the bell. I feel like one in particular had a big influence on the day and will do so again tomorrow. Apple (AAPL) issued lower guidance earlier in the month which had a negative effect on the afternoon. As I have mentioned several times Apple has a profound effect on the market due to it’s large market cap. It is in virtually every index and many ETF’s. However, a strange thing happened which I am almost sure will give us a lift tomorrow. Apple’s reported earnings after the bell that were a little better than expected. Thus, the futures are currently rising and anticipate a positive open in the morning!!!

The days trading left us with the following results: Our TSP allotment slipped -0.22%. For comparison, Dow added +0.21%, the Nasdaq fell -0.81%, and the S&P 500 was off -0.15%. Like I said, it was mixed…..

 

 

Wall Street wavers as tech gives ground and industrials rebound

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 -0.42% on the year not including the days results. Here are the latest posted results.

 

01/28/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.0261 18.2073 37.9545 48.1956 28.0657
$ Change 0.0036 0.0123 -0.3004 -0.2035 -0.1296
% Change day +0.02% +0.07% -0.79% -0.42% -0.46%
% Change week +0.02% +0.07% -0.79% -0.42% -0.46%
% Change month +0.21% +0.36% +5.57% +9.59% +5.06%
% Change year +0.21% +0.36% +5.57% +9.59% +5.06%
  L INC L 2020 L 2030 L 2040 L 2050
Price 19.9582 27.2992 30.7171 33.2233 19.1315
$ Change -0.0216 -0.0450 -0.1114 -0.1446 -0.0950
% Change day -0.11% -0.16% -0.36% -0.43% -0.49%
% Change week -0.11% -0.16% -0.36% -0.43% -0.49%
% Change month +1.36% +1.89% +3.64% +4.34% +4.95%
% Change year +1.36% +1.89% +3.64% +4.34% +4.95%

 

 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!

 

S Fund: Bullish Wedge!

 

I Fund: Bullish Wedge!

 

F Fund:

Given that our equity based charts have all formed bullish wedge patterns I fully expect the market to move higher. This is one of the most reliable patterns that I know!  That’s all for tonight. Have a nice evening and may God continue to bless your trades. Stay warm!

God bless, Scott Sunglasses
 
 ***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

  • 05/12/25

    Good Morning, Our charts told us we were at the bottom and the fundamentals agreed. The opportunity was so compelling that we probably jumped back in a few weeks to early, but we wanted to make darn sure we were positioned for the run that would surely come. The market dipped and many chicken little…

  • 05/05/25

    Good Morning, Inevitably, we will have a down day and today is it. Believe it or not the S&P 500 has gone up the past nine sessions and it’s been a long time since it’s done that. So a down day today is not so bad. The recent run has pretty much put things back…

  • 04/29/2025

    Good Afternoon, This was a Fed Driven market. It was all about when the Fed would be reducing interest rates based on inflation and that’s still the case to a certain degree, but in all actuality everything is waiting on the outcome of the tariff situation. So given that fact I’m going to say that…