TSP daily charts as of 9/24/23

This is a thought that I want all of you to consider when thinking about where are my gains for 2023.

That is a pretty crazy statistic and it is a shame that just 5 to 7 companies are driving an index, the C-fund. It is what it is and I will always be trying to find a way to improve entry and exit to improve gains and protect capital.

That takes me to Supertrend which I am trying to learn because it is a faster scanning tool than my method. But, I need to blend with my method in order to see how it works. I finally found coding that I could install inside of Thinkorswim that will allow me to tweak it and show it on my charts with my markings. So this week, you will get a full dose of both on one chart. Just look closely and you will see my stuff is still there and nothing has changed.

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TSP daily charts as of 9/17/23

Friday was ugly and that one day wiped out all the gains for the week plus a little. The Small Cap suffered the most which is par for the course being our most volatile index that we can invest in via the TSP.

What Is Triple Witching? 

Triple witching is the simultaneous expiration of stock options, stock index futures, and stock index options contracts all on the same trading day. This happens four times a year: on the third Friday of March, June, September, and December. A common expiration date for the three types of equity derivatives can cause increased trading volume and unusual price action in the underlying assets.

Above is what happened Friday and we will not know what the true direction of the markets will be until Monday. Now to see how last week affected our investments.

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