02/17/2015

Good Evening,

Russia’s trying to run out the clock on the Ukraine and there is no deal between Greece and the European Union. The market ignored these obvious sell the news situations and hung around in flat territory for the whole session. Although, each of the major indices did close small gains. The S&P 500 even eked out another record high at 2100.34. The day’s trading left us with the following results. Our TSP allotment gained +0.176% and AMP added +0.078%. For comparison the Dow was up +0.16%, the Nasdaq +0.11%, the S&P 500 +0.16%, Alaska Air Group -0.53%, AT&T +0.14%, Facebook -0.18%, and Apple made another solid gain of +0.59%. With the exception of a few stocks like Apple everything was pretty flat.

S&P 500 ends at record high on Greece hopes, as bonds drop

 

 

The day’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 +1.44% on the year, not including today’s results. Here are the latest posted results:
02/16/15
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.6516 16.9458 27.7434 37.5082 25.3
$ Change 0.0000 0.0000 0.0000 0.0000 0.0000
% Change day +0.00% +0.00% +0.00% +0.00% +0.00%
% Change week +0.00% +0.00% +0.00% +0.00% +0.00%
% Change month +0.06% -1.24% +5.28% +5.28% +3.23%
% Change year +0.24% +0.86% +2.13% +3.34% +4.47%
L INC L 2020 L 2030 L 2040 L 2050
Price 17.5949 23.2914 25.3361 27.0172 15.3643
$ Change 0.0000 0.0000 0.0000 0.0000 0.0000
% Change day +0.00% +0.00% +0.00% +0.00% +0.00%
% Change week +0.00% +0.00% +0.00% +0.00% +0.00%
% Change month +0.91% +2.31% +2.99% +3.48% +3.94%
% Change year +0.83% +1.71% +2.14% +2.42% +2.71%
Here’s what our charts looked like today:
C Fund: Price closed above resistance at 2090 again today. This is bullish! Resistance now becomes support.
217
S Fund: Price continues to rise after breaking through resistance at 89.10.
2

I Fund: This Fund broke upper resistance at 63.90 today which is bullish. Note the ascending channel.

3
F Fund: The F Fund dropped out of it’s ascending channel today. This is bearish and probably indicates lower prices to come.
F

Although they remain somewhat extended, as they have been for the past 14 months or so, the charts for our equity based funds are looking like the can move higher. Also supporting this observation is the fact that bond prices are dropping. In our bond fund (the F Fund), price dropped out of its established ascending channel today. The AGG has been in that channel for a long time. This tells me two things. #1 Money is flowing out of of bonds and #2 This price drop will likely continue. If you couple this with the fact that we are entering one of the best seasonal periods of the year, it makes a strong case for higher equity prices over the next 6 weeks. With God’s help, we appear to be positioned well for the current market. Our task remains to monitor the charts for any change in the trend. That’s all for tonight. Have a great evening and may God continue to bless your trades!

God bless,
Scott


Written By

Scott Grimes

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