01/08/14

Good Evening,

A mixed day allowed us to post another small gain, but after all, a gain is a gain….

Stocks mixed as investors await jobs report

 

The day’s action left us with the following signals: C-Buy, S-Buy, I-Buy, and F-Neutral. Our current allocation is 42/C, 58/S. It is -0.42% so far this year. Here are the latest posted results: 
01/07/14
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.2937 15.8054 23.745 33.5607 25.2897
$ Change 0.0010 0.0205 0.1439 0.3001 0.0267
% Change day +0.01% +0.13% +0.61% +0.90% +0.11%
% Change week +0.03% +0.31% +0.36% +0.32% -0.17%
% Change month +0.05% +0.41% -0.55% -0.33% -1.07%
% Change year +0.05% +0.41% -0.55% -0.33% -1.07%
  L INC L 2020 L 2030 L 2040 L 2050
Price 16.8048 21.7292 23.3663 24.721 13.9886
$ Change 0.0198 0.0599 0.0831 0.1028 0.0645
% Change day +0.12% +0.28% +0.36% +0.42% +0.46%
% Change week +0.08% +0.13% +0.16% +0.19% +0.20%
% Change month -0.07% -0.31% -0.40% -0.46% -0.53%
% Change year -0.07% -0.31% -0.40% -0.46% -0.53%

 

As I noted earlier, we managed a small gain today. The next real market mover this week will be the Department of Labor’s Jobs report on Friday. Based on preliminary figures released by the private firm ADP, the report should be good. The big question is how will the market react? Will it embrace a good report showing that the economy is improving or will it react negatively as the good report will lead to more FED tapering? Will it be a reason to buy or will there be a “sell the news” reaction. Only time will tell. Trading through Friday is probably going to be choppy as investors won’t want to make any big bets ahead of the reports release. Until then, we’ll continue to monitor the pulse of our funds through their charts and trust in God to guide our group as he always has. That’s all for tonight. Have a nice evening and stay warm!
God bless,
Scott8-)

 



Written By

Scott Grimes

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