03/02/2015

Good Evening,

Shoot off the fireworks, strike up the band, as the media proclaims that the NASDAQ hit 5000. Most traders just aren’t very excited; although, the bulls that are invested did make a little money. And the bears, well they have about given up on calling a top. They have given all the technical reasons that this market can’t go up for so long that they have now simply given up. The market took a little boost from a China Rate increase in the morning and never looked back. After all, why should the market players care if the FED is going to increase rates when other countries are now adding to the pot of cheap money.

 

What did all this mean for us? Our TSP allotment added a nice gain of +0.54% and AMP made an even nicer gain of +0.78%. For comparison, the Dow gained +0.86%, the Nasdaq was +0.90%, the S&P +0.61%, AT&T +0.23%, Alaska Air Group +2.81%, Facebook +0.99%, and Apple added +0.49%. God be Praised for another great day!

 

Wall St. rallies; Nasdaq hits highest level since 2000

 

 

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. However, as of the close of business today we will be rebalanced to 30/C, 34/S, 36/I. Our allocation is now +2.68% on the year not including the today’s gains. Here are the latest posted results:

02/27/15
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.6613 17.0036 27.8673 37.7817 25.9717
$ Change 0.0013 0.0267 -0.0824 -0.1709 0.0760
% Change day +0.01% +0.16% -0.29% -0.45% +0.29%
% Change week +0.03% +0.70% -0.24% -0.32% +0.49%
% Change month +0.13% -0.91% +5.75% +6.05% +5.97%
% Change year +0.31% +1.20% +2.58% +4.09% +7.24%
  L INC L 2020 L 2030 L 2040 L 2050
Price 17.6437 23.4385 25.5352 27.2552 15.5193
$ Change -0.0032 -0.0142 -0.0226 -0.0307 -0.0193
% Change day -0.02% -0.06% -0.09% -0.11% -0.12%
% Change week +0.05% +0.04% +0.02% +0.01% +0.00%
% Change month +1.19% +2.95% +3.80% +4.39% +4.99%
% Change year +1.11% +2.36% +2.94% +3.32% +3.75%
On to the charts!
C Fund: Price regained its position in the ascending channel with today’s nice gain. The C Fund is still a solid buy.
A B C D
S Fund:  Price also reclaimed the ascending channel for this chart. The S Fund continues to be a solid buy.
B
I Fund: The I Fund only managed a small gain today with price remaining within the ascending channel. This chart continues to give a solid buy signal. Remember, the I Fund is made up of foreign stocks that will likely follow through on the US gains tonight. I would expect this fund to have a nice session tomorrow.
C
F Fund: The F Fund got slaughtered today. It is still giving a neutral signal, but that signal weakened greatly today. That is the reason that we don’t buy Neutral signals. Price fell strongly out of the ascending channel and will have a lot of hard work to do if it is to return. It appears that money is now heading out of bonds and into equities. There’s really no reason to be in bonds at this time.

D
Romans 8:28 “And we know that in all things God works for the good of those who love Him, who have been called according to His purpose.” He continues to bless us. Give Him all the praise! Our task now continues to be to watch the charts closely for any change in trend. Right now that trend is up and it is our friend. Let’s see if we can piggy back those machines for a few more gains.
God bless and have a great evening!
Scott8-)


Written By

Scott Grimes

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