Good Evening, Happy New Year????? The Chinese market was forced to shut down trading after better than a 7 % decline last night. World markets followed with a sell off on concerns of a global decline. The end result proved to be the worst opening day since 1932. Stocks did turn up in the final hour of trading but the action felt almost forced as there was almost no valid reason for the reversal. The question now is will we go straight back up as we have for the past several years? I know that we don’t have the FED to move us along this time, but do we even need a reason not to head back up? Recent trading has been dominated by computer algorithm trading  aimed at manipulating the market with the primary goal being to fake as many folks out as possible. So does there even need to be reason?? There, I said it. You really can’t trust strong moves up or down. You just have to watch the charts and see how things play out. That most definitely sets you up for some pain if the move turns out to be more than a fake, but what else can you do? Unless the SEC chooses to regulate this type of trading, we have no choice but to play the game and that means being in some uncomfortable positions from time to time. Not for us today though as we watched from the safety of the G Fund! Our charts warned us of this action a few weeks back and we did well to pay attention! I thank God once again for His guidance of this group!!!

The days selling left us with the following results: Our TSP allotment was steady in the G Fund. For comparison, the Dow lost 1.58%, the Nasdaq -2.08%, and the S&P 500 -1.53%. It was a good day to be in the G Fund.

Wall Street begins year sharply lower after China selloff

The days action left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Sell. We are currently invested at 100/G. Our allocation is now 0.00% on the year not including the days results. Here are the latest posted results:

God bless, Scott