02/07/19

Good Evening, The market sold off today on two issues. #1. The European Commission downgraded the outlook for GDP growth in Europe for he coming year igniting new fears of slowing global growth and #2. There was a report that Presidents Xi Jinping and Donald Trump will not be meeting before the self imposed deadline for the imposition of new trade sanctions on March 1st between the US and China. That’s pretty much it. There’s no real damage to the renewed up trend at this time but you can be sure that we’ll keep a close eye on our charts.

The days trading left us with the following results: Our TSP allotment dropped -0.60%. For comparison, the Dow fell -0.87%, the Nasdaq -1.18%, and the S&P 500 -0.94%.

 

Wall Street slides on renewed U.S.-China trade fears

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 +2.75% on the year not including the days results. Here are the latest posted results:

 

02/07/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.0377 18.3426 38.8759 49.5303 28.3441
$ Change 0.0011 0.0352 -0.3615 -0.3289 -0.3319
% Change day +0.01% +0.19% -0.92% -0.66% -1.16%
% Change week +0.04% +0.28% +0.01% +0.42% -0.41%
% Change month +0.05% +0.04% +0.11% +0.88% -0.46%
% Change year +0.28% +1.10% +8.13% +12.63% +6.11%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.0587 27.483 31.1059 33.7189 19.4534
$ Change -0.0366 -0.0735 -0.1767 -0.2294 -0.1512
% Change day -0.18% -0.27% -0.56% -0.68% -0.77%
% Change week +0.03% +0.02% -0.01% -0.02% -0.03%
% Change month +0.04% +0.04% +0.03% +0.04% +0.04%
% Change year +1.87% +2.57% +4.96% +5.89% +6.71%

 

 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:
It’s going to be a choppy year. No doubt we’ll earn our money watching the charts but then again that is what we do! That’s all for tonight. Have a great evening and may God continue to bless your trades.
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

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