Good Evening,
We had our anticipated bounce today. Now let’s see if we can get some follow though…
Dow rises 180 points, snaps losing streak
The day’s trading left us with the following signals: C-Neutral, S-Neutral, I-Neutral, F-Neutral. We are currently invested at 36/C, 42/S, 22/I. Our allocation is -1.86% so far in 2014. That does not include today’s big gain. Here are the latest posted results:
| 03/14/14 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.3548 | 16.0915 | 23.8951 | 34.5906 | 25.0273 |
| $ Change | 0.0009 | -0.0027 | -0.0672 | 0.1150 | -0.0580 |
| % Change day | +0.01% | -0.02% | -0.28% | +0.33% | -0.23% |
| % Change week | +0.04% | +0.62% | -1.91% | -1.82% | -3.07% |
| % Change month | +0.09% | +0.01% | -0.88% | -0.66% | -3.38% |
| % Change year | +0.47% | +2.22% | +0.08% | +2.73% | -2.10% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 16.8998 | 21.8642 | 23.5289 | 24.9127 | 14.0958 |
| $ Change | -0.0053 | -0.0184 | -0.0233 | -0.0259 | -0.0167 |
| % Change day | -0.03% | -0.08% | -0.10% | -0.10% | -0.12% |
| % Change week | -0.37% | -1.11% | -1.42% | -1.64% | -1.88% |
| % Change month | -0.23% | -0.80% | -1.02% | -1.17% | -1.36% |
| % Change year | +0.49% | +0.31% | +0.30% | +0.32% | +0.23% |
The I fund was the winner today. That’s the reason we are still in it. The C fund finished extremely strong as well. Here’s what it looked like:
There was a substantial contraction of volume, indicating a pronounced lack of credibility regarding the rally.
The volume noted above is a good reason why you can’t put total trust in this uptrend. Yes it is still in tact. Yes it could go on, but you should also be ready to switch to defense at any time. The lack of volume favors the down side. As I have repeatedly said, this market will be on the fence for the foreseeable future. For now though, all is well. May God continue to bless your trades! Have a great evening,
God bless,
Scott
