04/02/14

Good Evening,

Today brought us another new record which is what we have to have in order to make a gain. So how far can it go?

 

New record for S&P 500, Dow just misses

 

 

The day’s trading left us with the following signals: C-Buy, S-Neutral, I-Buy, F-Neutral. We are currently invested at 36/C, 42/S, 22/I. Our allocation is now + 0.23% for the year not including today’s results. Here are the latest posted results: 
04/01/14
Fund G Fund F Fund C Fund S Fund I Fund
Price 14.3708 16.0471 24.4845 35.0103 25.8611
$ Change 0.0009 -0.0185 0.1730 0.4290 0.1045
% Change day +0.01% -0.12% +0.71% +1.24% +0.41%
% Change week +0.03% -0.13% +1.51% +2.82% +1.01%
% Change month +0.01% -0.12% +0.71% +1.24% +0.41%
% Change year +0.59% +1.94% +2.55% +3.98% +1.16%
  L INC L 2020 L 2030 L 2040 L 2050
Price 16.9954 22.1582 23.9195 25.3778 14.3936
$ Change 0.0241 0.0814 0.1140 0.1419 0.0905
% Change day +0.14% +0.37% +0.48% +0.56% +0.63%
% Change week +0.33% +0.83% +1.08% +1.26% +1.42%
% Change month +0.14% +0.37% +0.48% +0.56% +0.63%
% Change year +1.06% +1.66% +1.96% +2.19% +2.35%
Each of our equity based funds finished in the .25% range today. They were very close for a change. The C-Fund generated a buy signal today. Here is what it looked like:
C Fund:
The C Fund managed a small gain keeping it above its 20 EMA for a third consecutive day allowing it to generate a buy signal. The 5 EMA made a positive crossover of the 20 EMA and the PMO made a positive crossover of its 20 EMA. Volume was average again today which is healthy. I would also add that the other indicators I watch also generated buy signals for this chart today. For the purpose of this newsletter, I use only my basic chart setup with my favorite indicator which is Carl Swenlin’s PMO (Price Momentum Oscillator). It is good enough to show the overall picture without getting too technical. I mentioned this just in case you might wonder why on occasion I rate a chart as neutral when these indicators are giving a buy or sell signal. It’s simple, I don’t bore you with all the other stuff that I look at.
0402
Another positive day puts our allocation a little further in the green! I don’t have a lot of faith that this market can head much higher. However, I’ll stay invested and get what ever gains it might give. That’s my style of investing. Have a nice evening and may God continue to bless your trades!
Scott8-)

 



Written By

Scott Grimes

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