02/20/14

 

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:
0220
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,
Scott8-)

 

 



Written By

Scott Grimes

  • 05/05/25

    Good Morning, Inevitably, we will have a down day and today is it. Believe it or not the S&P 500 has gone up the past nine sessions and it’s been a long time since it’s done that. So a down day today is not so bad. The recent run has pretty much put things back…

  • 04/29/2025

    Good Afternoon, This was a Fed Driven market. It was all about when the Fed would be reducing interest rates based on inflation and that’s still the case to a certain degree, but in all actuality everything is waiting on the outcome of the tariff situation. So given that fact I’m going to say that…

  • 04/21/25

    Good Afternoon, The sky is falling right??? Well…..that all depends on your point of view. One thing we can all agree on though. This is a difficult market. It is not a pleasant market to trade. I’ve had more than a few comments and questions mostly off the record. It’s going down we’re losing money….…