02/25/2015

Good Evening,

The recent pattern of a dip in the morning followed by a move higher in the afternoon played out again today. However, traders were surprised in the afternoon by a pretty nice sized dip from which the S&P 500 and Nasdaq were unable to recover; but the Dow was able to rise to a new record. That said, while the day had a somewhat negative bias,  it remained well within the parameters of recent action as losses were minimal.

 

The day’s action left us with the following results: Our TSP allotment did manage a gain of +0.08%, but AMP’s streak of consecutive gains came to an end as it slipped back -0.1329%. There’s no complaining here as both allocations are set to book nice gains for the month of February given reasonable action over the next two trading days. For comparison, the Dow gained +0.08%, the Nasdaq also ended its streak at -0.02%, the S&P was -0.08%, AT&T was +0.47%, Alaska Air Group was -1.54%, Facebook gained +1.41% and Apple dropped -2.56%. As you can see, being invested in individual stocks is a little more volatile than indexing…

S&P, edge down with Apple; Dow ends at 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 30/C. 40/S, 30/I. Our allocation is now +2.84% on the year, not including the today’s results. Here are the latest posted results:

 

 

02/24/15
nd
Price 14.6588 16.9997 28.0032 37.8851 25.8868
$ Change 0.0007 0.0588 0.0782 0.0104 0.0913
% Change day +0.00% +0.35% +0.28% +0.03% +0.35%
% Change week +0.02% +0.68% +0.25% -0.05% +0.16%
% Change month +0.11% -0.93% +6.27% +6.34% +5.63%
% Change year +0.29% +1.18% +3.08% +4.38% +6.89%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.65 23.4611 25.5685 27.2976 15.5455
$ Change 0.0135 0.0358 0.0479 0.0563 0.0352
% Change day +0.08% +0.15% +0.19% +0.21% +0.23%
% Change week +0.09% +0.13% +0.15% +0.16% +0.17%
% Change month +1.23% +3.05% +3.94% +4.55% +5.17%
% Change year +1.14% +2.46% +3.07% +3.48% +3.92%
Let’s hit the charts:

C Fund: Price dropped a little today, but is still right smack in the middle of the ascending channel. This chart is still a solid buy with all four indicators in a positive configuration.

1
S Fund: The S Fund again is like the C Fund. Price remains in the middle of it’s ascending channel and is a solid buy with all four indicators in a positive configuration.
2
I Fund: The I Fund continues to travel up its long established ascending channel. Since it received the most damage of our equity based, it now has the most room to run. Price will not encounter resistance until it reaches the 66.75 level. This chart remains extremely strong.
3
F Fund: Our bond fund managed another small gain today. The 5 EMA moved through the 20 EMA as price traded over the 20 EMA for the second consecutive day. The PMO has turned up in positive territory and the MAC D is in Neutral territory and is approaching a buy signal if price remains positive. The Williams %R continues to climb and is approaching over bought territory thanks to yesterday’s big gain. There’s no concern there, though, as it can remain overbought for a considerable time before it drops. One needs only to look at the month of January to see that, as it remained overbought for the whole month. While this indicator is designed to signal overbought and oversold conditions, I have found it useful in another way. It responds so quickly to price movement and is somewhat of an early warning signal for any change in direction. As you can see from the past two trading days, it is very accurate in predicting short runs…. This chart is improving, but there is no reason to put money to work here at this time.
4
I hate to be redundant, but there really isn’t anything else to do right now other than to stay with the trend and wait for a change. I thank God that we have had such a good month so far! That’s all for tonight. Have a great evening and I’ll see you tomorrow.
God bless,
Scott8-)


Written By

Scott Grimes

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