Good Evening,
With today’s trading, the possibility of another V shaped bounce increased. We had a good day with each of our equity based funds turning moderate to large gains. Small caps (the S-Fund ) led the way…
Stocks: S&P 500 closes at all-time high
The day’s rally left us with the following signals: C-Neutral, S-Neutral, I-Buy, F-Neutral. We are currently invested at 36/C, 42/S, 22/I. Our allocation is now -0.63% on the year not including today’s results which should put us back in the green. Here are the latest posted results:
| 03/31/14 | |||||
| Fund | G Fund | F Fund | C Fund | S Fund | I Fund |
| Price | 14.3699 | 16.0656 | 24.3115 | 34.5813 | 25.7566 |
| $ Change | 0.0027 | -0.0028 | 0.1921 | 0.5318 | 0.1544 |
| % Change day | +0.02% | -0.02% | +0.80% | +1.56% | +0.60% |
| % Change week | +0.02% | -0.02% | +0.80% | +1.56% | +0.60% |
| % Change month | +0.19% | -0.15% | +0.85% | -0.69% | -0.57% |
| % Change year | +0.58% | +2.06% | +1.83% | +2.70% | +0.75% |
| L INC | L 2020 | L 2030 | L 2040 | L 2050 | |
| Price | 16.9713 | 22.0768 | 23.8055 | 25.2359 | 14.3031 |
| $ Change | 0.0315 | 0.1011 | 0.1406 | 0.1744 | 0.1109 |
| % Change day | +0.19% | +0.46% | +0.59% | +0.70% | +0.78% |
| % Change week | +0.19% | +0.46% | +0.59% | +0.70% | +0.78% |
| % Change month | +0.19% | +0.17% | +0.14% | +0.12% | +0.09% |
| % Change year | +0.92% | +1.29% | +1.48% | +1.62% | +1.70% |
As I already mentioned, the S Fund led the way today as it does many days. Why am I not 100/S then? I am not investing to win the auto tracker contest. I am invested for the best return over a several year period and while I do invest at 100/S on occasions, I have achieved they best returns over the long hall by not keeping all my eggs in one basket. What gives a big return will usually give a big loss when stocks are heading down…just some food for thought. Let’s take a look at today’s S&P 500.
C-Fund: The C Fund is now trading solidly over its 20 EMA (Exponential Moving Average) and looks to be breaking out of its recent trading range. Volume continues to be average and the PMO is rising toward its 20 EMA. Should this chart continue to trade over its 20 EMA it should generate a buy signal in the next few days.
Our allocation was rock solid as we continue to be in the right place. My only concern, which is an on going concern that I bring up daily, is that we are against over head resistance on most of our charts. So how far can we go? Nobody really knows. All we can do it read our charts and trust in God. May he continue to bless your trades! Have a great evening.
God bless,
Scott
