Good Evening, Bouncing again! If you don’t like the way your invested just wait a day in this market and it’ll change.
Stocks rally, S&P 500 nearing record high
The day’s action left us with the following signals: C-Buy, S-Buy, I-Buy, F-Neutral. We are currently invested at 40/C, 15/S, 45/I. Our allocation is -1.95% so far in 2014. Here are the latest posted results:
| 02/19/14 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.3344 | 16.0025 | 23.6926 | 33.9179 | 25.5346 |
| $ Change | 0.0008 | -0.0162 | -0.1541 | -0.2687 | -0.1263 |
| % Change day | +0.01% | -0.10% | -0.65% | -0.79% | -0.49% |
| % Change week | +0.03% | +0.08% | -0.52% | +0.13% | +0.80% |
| % Change month | +0.12% | +0.08% | +2.78% | +2.69% | +4.08% |
| % Change year | +0.33% | +1.66% | -0.76% | +0.73% | -0.12% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 16.8655 | 21.8206 | 23.4717 | 24.8396 | 14.0576 |
| $ Change | -0.0216 | -0.0726 | -0.1002 | -0.1230 | -0.0783 |
| % Change day | -0.13% | -0.33% | -0.43% | -0.49% | -0.55% |
| % Change week | +0.01% | +0.01% | +0.01% | +0.01% | +0.02% |
| % Change month | +0.72% | +1.71% | +2.14% | +2.43% | +2.74% |
| % Change year | +0.29% | +0.11% | +0.05% | +0.02% | -0.04% |
Our equity fund charts are all showing solid buy signals:
C Fund:
The way this market bounces and keeps on going is astounding. I think many traders have gotten so used to it that they just don’t realize that the market used to have corrections deeper than 5-7% before the FED started pumping money into the system. The problem now is that there’s still a lot of idle cash and nowhere better to put it than stocks. So do we fight it? Never fight the pricing action. Ride with it as far as you can, take a few hits, and then get out. Anything else is pure speculation. If someone you know is calling the top then check to see how many times they have been correct over the past three years….. then after you do that, stay as far away from them as you can get! That’s all for tonight. May God continue to guide your trades. After all, you’re gonna need it in this market. Have a nice evening.
God bless,
Scott
