02/13/15

Good Evening,

Friday the 13th was just another lucky day for us. Traders seemed reluctant to load up ahead of the long weekend (the market will be closed Monday for President’s Day), but decided to do so in the afternoon, powering the indices to their highs for the day. The S&P 500 set a new record which was in line with our analysis. It’s good when we are right! The market appears to be pricing in an agreement on Greek debt. However, there may be more room to run as many market players were willing to hold positions over the long weekend. Simply put, they are betting that the market will move up Tuesday morning and they don’t want to be left behind. That bodes well for us…..

 

The day’s action gave us the following results. Both TSP and AMP posted solid gains again today with AMP posting its fourth gain in a row! Our TSP allotment added +0.589% and AMP gained +0.334%. For comparison the Dow was up +0.26%, The Nasdaq +0.75%, the S&P +0.41%, AT&T +0.14%, Alaska Air Group -0.30%, Facebook -0.64%, and Apple added another +0.49%. I think both our allocations fared well today. God be praised!

S&P closes at record, Nasdaq hits 15-year high

 

 

The week’s action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 30/C, 40/S, 30/I. Our allocation is now +0.77% on the year not including the day’s results. Here are the latest posted results.
02/12/15
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.651 16.9681 27.6285 37.2625 25.0703
$ Change 0.0006 0.0116 0.2704 0.4049 0.3458
% Change day +0.00% +0.07% +0.99% +1.10% +1.40%
% Change week +0.03% -0.11% +1.67% +1.25% +0.63%
% Change month +0.06% -1.11% +4.84% +4.60% +2.30%
% Change year +0.24% +0.99% +1.70% +2.66% +3.52%
L INC L 2020 L 2030 L 2040 L 2050
Price 17.5752 23.2209 25.2369 26.8951 15.2845
$ Change 0.0400 0.1335 0.1863 0.2280 0.1470
% Change day +0.23% +0.58% +0.74% +0.85% +0.97%
% Change week +0.28% +0.66% +0.85% +0.97% +1.09%
% Change month +0.80% +2.00% +2.59% +3.01% +3.40%
% Change year +0.71% +1.41% +1.74% +1.96% +2.18%
Here’s what the C Fund looked like today:
The C Fund remains on a solid buy signal as it continued its winning ways today. Price actually set a new high, but not by much. It briefly poked its head above resistance and then closed right at the line. I believe resistance will be breached and 2095 will become support as this fund will churn out new records. Volume remains a bit on the light side, but that could just be a reflection of the snow storm on the east coast.
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I Fund: I would be amiss not to show the chart for the I Fund tonight, as it generated a buy signal and continues to out-perform in response to the European QE.
Three out of the four indicators are in a positive configuration with Price, reclaiming the 200 EMA to generate the buy signal. I know a lot of things are going on in Europe, but it is beginning to look attractive and this chart bears it out. As you can see from the trend lines annotated in blue, the I Fund is now in a steady upward trend that looks to continue. This particular chart is my personal chart for the EFA, as it is one of the Funds that we own in our AMP allocation. I annotate and maintain charts for all of the Funds and stocks we own in AMP and Thrift.

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God was good to us again today. Our TSP allotment was among the best out there and as I said earlier AMP gained four days in a row. Give Him all the praise for He is worthy! Our task is to continue to monitor our charts and watch for any change in the current trend. Have a great evening and may God continue to bless your trades!
God bless,
Scott



Written By

Scott Grimes

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