08/06/19

Good Evening, Yesterday was the worst day so far of 2019. Stocks fell when the Chinese Yuan fell to a multiyear low against the dollar prompting President Trump to declare the Chinese as a currency manipulator. The market then rebounded this morning when the Chinese surprisingly took measures to stabilize their currency above it’s then current level. This market has been and remains unpredictable and bipolar. I almost pulled the plug on stocks this morning but decided to wait and see if this rebound had legs. Many of our indicators are whipsawing back and forth. So you almost have to give them a little room to run one way or the other before you can truly assess their signals…..

The days trading left us with the following results: Our TSP allotment made up a little ground with a gain of +1.30%. For comparison, the Dow was up +1.21%, the Nasdaq +1.39, and the S&P 500 +1.30%. Praise God for the bounce!

 

Wall Street climbs more than 1% after China moves on yuan

The days action left us with the following signals: C-Neutral, S-Neutral, I-Sell, F-Buy. We are currently invested at 100/C. Our allocation is now +7.81% for the year. Here are the latest posted results:

 

08/06/19 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 16.2321 19.5381 41.8089 51.0606 28.9621
$ Change 0.0009 0.0050 0.5414 0.6090 -0.0065
% Change day +0.01% +0.03% +1.31% +1.21% -0.02%
% Change week +0.02% +0.52% -1.70% -1.82% -2.31%
% Change month +0.04% +1.27% -3.28% -4.39% -3.22%
% Change year +1.50% +7.69% +16.29% +16.11% +8.42%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.5293 28.2489 32.3327 35.1981 20.3709
$ Change 0.0360 0.0630 0.1595 0.2070 0.1365
% Change day +0.18% +0.22% +0.50% +0.59% +0.67%
% Change week -0.35% -0.47% -1.11% -1.34% -1.54%
% Change month -0.61% -0.81% -1.95% -2.35% -2.71%
% Change year +4.26% +5.43% +9.10% +10.54% +11.75%

 

 

 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’ll have to keep a close eye on our charts to ensure that this is not just a dead cat bounce. That’s all for tonight. Have a nice 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

  • 04/21/25

    Good Afternoon, The sky is falling right??? Well…..that all depends on your point of view. One thing we can all agree on though. This is a difficult market. It is not a pleasant market to trade. I’ve had more than a few comments and questions mostly off the record. It’s going down we’re losing money….…

  • 04/15/2024

    Good Day, You can read about anything you want to read about the current market. If you have a certain point of view you can find an article to assuage your feelings. It’s nice to feel good, but that kind of feel good doesn’t necessarily make you money. Just because you can find someone who…

  • 04/07/25

    Good Morning, I hate writing about things like this. Nobody really wants to hear it but it’s something that must be done. Are my message boards flooded? Oh yeah. You’ve got the combination of an unprecedented global event coupled with the fact that a lot of folks that are trading now never experienced a market…