01/17/14

Good Evening,

I liken the current market to sleeping. The market is currently sleeping on its side, but will it roll over on its belly or onto its back?  At this time we must remain vigilant for either/ or…

Stocks finish the week mixed

 

The week’s trading left us with the following signals: C-Neutral, S-Buy, I-Buy, and F-Buy. Our current allocation is 42/C, 58/S. It has gained +0.58% in 2014. Here are the latest posted results: 
01/16/14
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.3025 15.8814 23.8597 34.0225 25.5727
$ Change 0.0009 0.0353 -0.0318 0.0160 0.0007
% Change day +0.01% +0.22% -0.13% +0.05% +0.00%
% Change week +0.04% +0.12% +0.21% +0.58% +0.32%
% Change month +0.11% +0.89% -0.06% +1.05% +0.03%
% Change year +0.11% +0.89% -0.06% +1.05% +0.03%
  L INC L 2020 L 2030 L 2040 L 2050
Price 16.8434 21.8352 23.5091 24.8954 14.0992
$ Change 0.0006 -0.0031 -0.0047 -0.0055 -0.0038
% Change day +0.00% -0.01% -0.02% -0.02% -0.03%
% Change week +0.10% +0.18% +0.23% +0.26% +0.29%
% Change month +0.16% +0.18% +0.21% +0.25% +0.25%
% Change year +0.16% +0.18% +0.21% +0.25% +0.25%
Trading is still within an ascending wedge pattern. I expect that it will eventually break below the wedge and pull back. It’s highly unlikely that it will break higher and set new highs without another pullback.
Is the market rolling over? Possibly, but it’s really to hard to say at this point. We’ll watch the charts and make the necessary adjustments to our allocation sometime next week. Keep praying and may God continue to bless your trades! Have a great weekend. It should be a long one for most of you. Remember, there will be no trading Monday due to the holiday.
God bless,
Scott8-)

 




  • 10/27/2025

    Good Morning, Wow! What a week. What a week. What a week!! It’s setting up to be the perfect storm! Let me explain. It all started with Fridays CPI report which came in softer than expected. The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%. Economists surveyed by…


  • 10/20/25

    Good Day, No doubt about it, this is a give and take market right now. One day it’s up big and the next day it takes most or all of it away. The Geo Political news is an absolute mess. Underneath the surface though, we have a market with strong earnings that wants to move…


  • 10/13/25

    Good Day, I got so busy with the big bounce this morning that I don’t have a lot of time left to write this blog. That’s Okay though because I made enough comments on our Facebook page to keep you informed on current developments. If you don’t already follow us there I would recommend that…